Artificial intelligence (AI) is the ability of a machine or computer to emulate the processes of the human mind. The term was coined in 1960 by British computer scientist Alan Turing in his paper on mathematical logic, but AI has long been used as a catch-all phrase, originally encapsulating all attempts at replicating human mental abilities You might have heard of the famous words- It is impossible to build a robot that is smarter than humans. The same thing applies to AI or artificial intelligence. So, what exactly is AI? In simple words, it refers to using algorithms or rules to solve problems. And when you use these rules and algorithms, they can create solutions which are better than human brain in solving problems. There are many uses of AI including making video games more realistic by creating new ways of videos and images with more depth, acting as helpers in dangerous situations by connecting with people who are injured and so on.
Read more ...What is Business Intelligence? Business intelligence is the use of data to help companies make educated decisions with the right information. BI, if done manually, needs a lot of resources and time. It is an integral part of the process and helps simplify and automate the process as well as generate qualitative reports Business intelligence is the process of bringing together data and information management tools to enhance customer experience, increase productivity and profitability, improve business processes, and make better decisions. This process involves the consolidation, analysis and presentation of business information to users of all kinds for the purpose of enhancing strategic and operational decision-making. BI encompasses a variety of technologies that automate the management of data, integrate multiple sources within the enterprise, and present results in a meaningful way that helps users make better decisions. The modern business intelligence (BI) model follows a bottom-up approach and allows users to interact with data and make strategic decisions at their own level. A simple example, an employee needs to see his salary details as compared to his colleagues. He can do so by logging into the employee portal, and then clicking on the salary tab, which is accessible via a link that appears on every account. Afterwards, he can customise this dashboard by entering his own information – total earnings, bonus percent etc.
Read more ...Effective workplace communication is vital to businesses of all sizes. It’s an important part of a collaborative workplace where employees are engaged and motivated, clients feel valued and satisfied, and leaders can contribute to the success of their teams. Experts agree effective business communication is most often neglected because it can be time-consuming, complex and difficult. In this article we’ll share our tips for establishing effective business communication in your organization so you can utilize it to improve productivity and quality without overcomplicating things.
Read more ...AI is essential for improving productivity, analyzing vast amounts of data, and reducing costs. It's even helping in the search for aliens, or in creating the next generation of AI-based robots. Today, artificial intelligence is essential across a wide range of industries, including healthcare, retail, manufacturing, and even government. We may assume that artificial intelligence can help us save time, solve problems and make our lives easier. But there are ethical challenges with AI, and as always, we need to stay vigilant about these issues to make sure that artificial intelligence isn’t doing more harm than good.
Read more ...As a business owner, you already know the importance of customer feedback. It's the key to understanding your customers' needs and preferences, identifying areas for improvement, and ultimately growing your business. But collecting and managing feedback can be overwhelming. With so many different channels available today, it's hard to keep track of everything! In this article, we'll show you how to effectively manage customer feedback in your business – from collection to implementation – so you can stay on top of what matters most: satisfying your customers!
Read more ...Digital marketing is a growing medium with beneficial applications in almost every industry. With no room for error, companies that have embraced digital marketing have improved their reputation by leaps and bounds. Clients are increasingly aware of the importance of being online and requesting good quality content. This has led to an increasing demand for online status updates on social media Digital marketing is a growing medium with beneficial applications in almost every industry. With no room for error, companies that have embraced digital marketing have improved their reputation by leaps and bounds. Clients are increasingly aware of the importance of being online and requesting good quality content. This has led to an increasing demand for online status updates on social media sites like Facebook and Twitter which can be targeted towards their target audience in order to increase brand awareness, interaction and loyalt
Read more ...In this leadership vs management article, we will dig deep into the differences between leadership and management. A few years ago, leaders, entrepreneurs, and innovators created companies, whereas managers were hired to run their operations. But, nowadays, you will notice that our educational system is mostly geared towards management education. Also, there is a perceptual change that treats both management and leadership as the same, which is not a mere reality. So, in this leadership vs management article, we will dig deep into the differences between leadership and management.
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