Artificial Intelligence (AI) and HR have become closely acquainted in recent years but as AI penetrates deeper into organizations, there are challenges when it comes to applying AI into analyzing employee networks.
Artificial Intelligence is being applied to almost anything and everything, with even the most banal information delivering telling revelations once the data is collated and interrogated. Anyone in doubt should consider the last time they visited a favorite online shopping store and glanced at some of the ads being offered up; the techniques used to analyze what you have bought and rejected to second-guess what you might buy can produce startlingly accurate results.
Collaboration and networks are about people not data. In this Forbes article, the CEO of Brainpool.ai, a worldwide network of AI and Machine Learning experts, explores opportunities and concerns around the use of network data analysis to transform organizations.
Business models are quickly changing in the age of AI. n this article, CEO Jayshree Pandya of Risk Group writes, “Over the years, digital data has been growing at a staggering pace across nations. It is essential to understand:(i) how this new data-driven intelligence reality brings each business across countries an entirely new world full of opportunities and risks; and (ii) what the expected consequences for each market (existing and emerging) would be?” How are you preparing your business for the challenges of automation driven growth? Contact us to see how Yocum Technology Group can help..
Technologies like machine learning that make sense of data and patterns are essential. So are the incisive analytics that can result from its use.
The report, titled “The Next-Generation Wealth Manager,” found that 64% of executives in wealth management said they are able to create distinct client profiles for highly personalized service, and 86% said artificial intelligence is important or highly important in delivering data analysis and personalized insights. That’s significant because nine in 10 said analytics has the same level of importance.
Taken together, the findings suggest that wealth managers are all-in on technology and have advanced their digitization and deployment of AI with big strides. Still, over a third are not able to deliver highly personalized service, a touchstone of the business.
Data, data everywhere! You've probably heard the message that data is the key to success in today's world. Like many businesses, you are probably already collecting and storing massive amounts of data in the cloud. But are you actually using it to benefit your business?
Put that data to use with AI and machine learning, whether it be interacting with customers more effectively via chatbots or more quickly producing actionable insights for your operations.
At Yocum Technology Group, we are ready to help you use AI to unlock the insights buried in your data. Check out this infographic to learn more about how and why companies are turning to AI to reimagine business and customer management.