Why is AI right for your business?

AI is the future of business

It's the go-to tool for businesses of all sizes, automating tasks, making complex decisions and optimising your data. What's more, AI is able to learn and grow with your business, meaning it will become even more valuable over time. Investing in AI now can be a great way to ensure that your business can stay ahead of the competition in the future.

How AI can reduce costs, improve efficiency and increase profitability

With AI, businesses can focus on the areas where they excel and leave the rest to the machines. As a result, businesses can save time, money and resources while providing an excellent customer experience at the same time. Cost savings will be made by automating mundane tasks, identify patterns in data for efficiency and providing custom solutions tailored to each customer's needs.

Examples of how businesses are leveraging AI technology to stay ahead of the competition

Our client, a top-tier Insurance firm, was facing a persistent issues with detecting fraudulent car accident claims. As they require further investigation, this increased their overhead costs significantly.

Primarily they wanted to focus on reducing the number of false positives in the fraud detection phase, and reduce staff time.

They came to Qvantia and both AI and ML were deployed. We used ML models for identification and to also reduce false positive alerts, and AI to automate the reading of witness's statements in order to identify anomalies.

Benefits to their business

1.?Significantly reduced false positives.

2. Greatly reduced operational costs relating to unnecessary investigative overheads.

3. Improved overall performance within the division.

Giancarlo Cobino, Qvantia CTO said "Insurance firms are having to constantly deal with fraudulent activity.?Using AI and ML processes in their day-to-day operations gives them the edge to detect fraud and reduce potential errors."

How can we help you?

The service we provide is bespoke to your business, we can look to help streamline operations, identify customer needs quickly and accurately, and even improve customer experience.

AI can help to analyse data quickly and identify trends that could be beneficial for the business.

With AI, businesses can also stay up-to-date with the latest trends and use predictive analytics to predict future outcomes.

Next steps

Go to our website to find out more www.qvantia.com

Contact our team on [email protected] or call +44 204 577 2704

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