How to efficiently use AI to become an industry leader

Companies in the recent past have not only been using AI to become industry leaders for consumer centricity but also for increasing productivity and reducing labour intensive operations. Hence, the importance of AI for industry leadership has increased tremendously.

In today’s world, companies have been using AI to become an industry leader by replacing human employees with machines that can learn and correct themselves as they gain experience. AI for industry leadership is a hot topic because it has helped industries deliver high quality results quickly and at a low cost.

1. AI in retail

AI will transform the way you buy snacks, lunch or dinner. It will give you a new shopping experience as it will end long lines and cumbersome checkouts. People can just walk inside the store, buy whatever they want to and leave without going through a checkout line. Amazon Go is a leader as far as the use of AI in the retail sector is concerned. They have built a store where people do not have to stand in long queues. Instead, they can simply pick up whatever they want and get charged from their Amazon account at a later stage.

2. AI for people related operations

AI is of great help to managers and HRs who constantly have to supervise and choose the right candidates respectively. It assesses the efficiency of the employees by monitoring their work according to the performance parameters and activities on social networking sites and emails. It also carries out location tracking to detect how long an employee spends on office-desks, canteens and washrooms. Many companies use AI to help visitors and employees make their way around their premises too.Modern virtual assistance interfaces like Siri and Cortana have made it possible to directly assist people while traveling or performing any other activity.

3. AI for manufacturing

AI is being constantly upgraded in the manufacturing sector to reduce labour intensive operations. Companies are investing heavily to make robots that are able to learn and perform in a team just like their human counterparts. From sorting good quality products to increasing capacity to performing a job in a considerably less amount of time, AI is set to bring a revolution in the manufacturing sector. AI is finding applications across all industries, be it communicating with customers, manufacturing products at a fast pace or with futuristic retail stores. With improvement in technology and increased investment in AI, it is set to rule every sector in the coming future.

If you need assistance in identifying processes or functions that can be enhanced with AI, contact Allerin to have a one-on-one discussion on the possibilities that your company can exploit.