How AIML Can Facilitate a Holistic Digital Transformation of SMEsNovember 27, 2018
Using AI digitised mobility-efficient business management empowers SMEs to expand to any region globally with literally no associated monetary or infrastructural deterrents. Especially in processes like strategy-based planned sales, financial management, supply chain logistics, and marketing management where the focus should rightly be on the operational aspects rather than offline management of these which reduce enterprise efficiency.
Notable benefits of machine learning courses in India are learning better workflow management, enabling operational management to reach out, service and retain the all-important customer base. Increased cost-reduction, increased satisfaction levels of customers, doing away with time-consuming redundant offline process management and the obvious maximising of profit margins and enterprise efficiency result.
Role of Machine Learning-ML and AI
Issues are unique to every enterprise. Solutions should emerge from the workflow and be need-specific to the enterprise and its segment. Automating the logistics of the supply chain processes and sales can be optimised by ML and AI to build solutions meeting the needs and precise requirements of any business or industry with a high level of precision and customisation through the proper use of the huge data repository available with them.
Data and Challenges
Data is the backbone of automation and readily available with SME’s. Greater volumes in the database ensure tweaking for quickening and process efficiency. Big data Hadoop training courses help streamlining data, identifying and eliminating unnecessary recurrent processes and automating the process for fixed quicker and efficient outcomes is what ML, data analytics and AI intuitive combinations does when customizing processes and big data.
This indirectly frees-up the crucial time-component spent on customer interactions. ML and AI bring huge benefits in pattern recognition and predictive analysis. Their use helps deliver effective business solutions with quick outcomes by identifying and automating recurring procedures and patterns. Thus the digitization of marketing and sales drive profit and efficiency in the enterprise.
Customer Service Paradigms
In today’s scenario the pervasive use of the internet, use of digital tools, mobile apps and smart-phones create a huge database of young consumers under-35, who use and prefer digital methods to offline methods. Gainful insights are provided through their feedback, need for value-enhanced solutions, customer interaction and resolutions for customer satisfaction.
The success of SME’s depends on adapting and catering to this sector which forms nearly two-thirds of the total Indian population. Many shy away from building a digital infrastructure citing prohibitive costs involved. But, as per digital customers and a study by Google-KPMG, SMBs and SMEs have the potential to grow twice as fast with the adaptation of ML and AI.
Do we need to say anything more for machine learning courses?