Competitive Advantage

Competitive advantage is unsurprisingly often stated by companies as their number one reason to embrace AI and Machine Learning technology. Companies and organisations who have started to use AI are already seeing large returns on their investment. Here's how AI offers an advantage over your competitors:

• Make better, informed more accurate decisions and predictions at all levels of business operations
• Increase productivity through more efficient process design and decision points
• Spot positive and negative trends that would be otherwise impossible to observe and understand
• Automatic fraud and anomaly detection
• High level predictive analytics
• Rapid automation of critical data-heavy processes
• Enhanced scalability across all levels of business
• Much greater coverage of decision points and variables through the entire business structure
• Massive fault decreases in areas otherwise prone to human error
• Better understanding of customers, staff and stakeholders through historical analysis and predictions
• Real time response to diverse unpredictable events
• Reduced costs spent on traditional systems and software development
• Minimising loss and maximising gain at all levels
• Asset protection and management
• Constant real time learning and adaptation throughout all business operations
• More streamlined, personalised and relevant services to customers resulting in repeat sales
• Automatic Identification of profitable markets and leads through data analysis
• Solve unique technical, business or operational problems that would otherwise require intense time and cost consuming analysis and resource
• Many, many more...

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Specific tasks

As well as gaining a competitive advantage in the overall business market, Artificial Intelligence can also be used to greatly speed up analysis, design, innovation, response and automation in a wide variety of tech, science, engineering and related sectors, all of which can be made much more efficient using AI, therefore increasing accuracy and quality at the same time as reducing time, cost and resource requirement:

• Scientific data analysis
• Drug design
• Image, video and voice recognition
• Cyber security
• Behavioural analysis
• Medical diagnostics
• Enhanced surveillance
• Oil exploration
• Fire protection
• Emergency response
• Engineering design
• Active risk management
• Weather forecasting and climate change
• Many, many more...

Now is the time to start using AI

Although the core components of AI have been known for a long time, it's only relatively recently that we have all the combined technology required to offer AI to all.

The world is certainly understanding and realising the power and capability of AI in many sectors for numerous tasks and this demand is only going to get greater.

Companies and organisations who do not embrace AI and Machine Learning technology are at real risk of being left behind.

Still not convinced?

Please get in touch us at Fennaio - we would love to discuss AI with you, and especially how it can benefit your organisation. We have the technical and management knowhow and experience to get AI into your organisation at any level from the outset to delivery and beyond.