Original article can be found here (source): Artificial Intelligence on Medium
Artificial Intelligence | Crossroad Elf DSS Pvt. Ltd
In the words of — the father of modern quality management, William Edwards Deming,”In God we trust; all others must bring data”. Therefore in this digital era, data is the new oil. It is one of the most useful resources of the 21st century and, if understood and utilized properly it can be one of the most valuable asset for any business. To invest in technologies and processes that enable big data analytics is vital for every modern business.
Why do businesses need AI technologies?
A combination of big data, AI algorithms and computing provides a range of benefits for businesses by reducing costs, making quicker and better decisions, creating new products or services to meet the changing consumer demands, managing risks, assessing profitability, identifying target market segments and bringing real-time results. AI helps businesses to enhance their customer experience (CX).
AI helps in automating repetitive learning through data. It adds intelligence to existing products by analyzing and finding structures and regularities in the data. It is often not sold as an individual application but is combined with large amounts of data to improve many of the existing technologies. It helps in getting the most out of the data thereby achieving high accuracy and giving the businesses an edge.
How can Crossroad Elf DSS Pvt. Ltd. help?
As companies grow and expand operations, they need a partner to draw them a framework of growth; a partner to help them reach their goal of monetizing big data and AI investments. Meet team Crossroad Elf — the experts in big data analytics and AI.
• Build and utilize secure, intelligent, strategic big data foundation and analytics systems.
• Accelerate your business growth by predictions and automation with the help of AI.
• Innovate and apply AI to processes and products applicable to your business and market.