“It’s not working, usage is declining. No, it’s the user interface which is not intuitive. I think people just find it hard to use these new IT solutions!” “Well, have you tried turning it on and off again?” This is just a sample of a conversation that happens in thousands of organizations every day. As technology and innovation advance at near light speed, the demands on IT leaders are more intense than ever. In our post about upcoming tech changes in 2020, we touched on what this decade holds in store. According to a recent survey, over 35% of businesses
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Over the past few months, about 25% of consumers have increased online purchases for products they used to get in stores. Compared to the first couple months in 2020, this number is increasing every day. But even as brands scramble to adjust their sales and marketing strategies, the pressure is still on to deliver memorable customer experiences. The reason here is simple. Almost 50% of buyers will abandon their online purchases if they can’t get a quick answer to their concerns or questions. This is where conversational commerce comes in. It offers a totally new way for companies to provide excellent customer
According to a recent survey, companies implementing AI have increased 20% over the last four years. But on the flip side, about 63% of organizations are still yet to deploy this technology. So, what on earth could be holding them back? Is it a budget shortage, lack of talent, or data strategies preventing them from being AI ready? When it comes to the adoption of artificial intelligence, it’s easy for managers to get caught up in the hype. Everything moves so fast it’s easy to put the cart before the horse. Once there’s talk of AI and robotic automation in
Is AI coming for your job in the near future? Almost certainly. However, debating the impending AI domination and takeover is blasé. It’s ultimately unimportant for business leaders trying to drive growth and revenue. The main focus now is Artificial Intelligence and its potential to transform how well we sell. Looking at the sales world, AI is already making huge moves. From sales pipeline insights all the way to content recommendation, there’s a lot of areas that could benefit from an AI. One such area with untapped and significant opportunities (and arguably the biggest problem facing marketers) is the infamous “No Decision.”
Out of all the state of the art technologies poised to impact the future of work as a whole, research shows artificial intelligence will be among the top 5 most transformational influencers. But we’re not talking about decades or centuries. As we speak, AI tech already affects our day to day lives is numerous ways. Examples range from simple sales AI chatbots meant to enhance customer interaction all the way to collaborative banking AI systems that use complex anti-laundering algorithms. Many leading and globally renowned companies are already harnessing the power of AI to make faster, informed decisions and increase overall efficiency
We’re definitely at the dawn of a new era; technology has never been so advanced or convenient. I mean, we’ve got cars that drive themselves, and planes that submerge underwater. But perhaps the most significant achievement the human mind has achieved to date is to recreate a non organic version of itself – Artificial Intelligence. Thanks to AI, today’s breed of tech and machines can actually comprehend, act, learn, think, and alter behavior according to new data in real time. AI is surely poised to transform numerous processes and overall productivity across the economy as a whole. But even in this