It’s that time of year again – a time to reflect on the past while also looking toward, and planning for, the future. As it has been in years past, the topic of cybersecurity will remain at the forefront for business and IT leaders in 2019 and beyond. As attackers continue to become savvier and […]
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Today’s forward-thinking organizations are leveraging the power of artificial intelligence to automate the decision making process. In fact, corporate investment in AI is predicted to reach $100 billion by the year 2025. As a result of this rapid digital transformation, many changes are underway in the workplace. In particular, there are a number of ways that machine learning is already making an impact for companies in every industry. Here are a few to consider.
Personalizing the customer experience.
One of the most exciting benefits machine learning can have for businesses is the fact that it can help improve the customer experience while also lowering costs. Through things like deep data mining, natural language processing and continuous learning algorithms, customers can receive highly personalized support with little to no human intervention. And people are warming to the idea. In fact, 44% of US consumers say they actually prefer chatbots to human agents.
Improving loyalty and retention.
With machine learning, companies can do a deep dive into customer behavior to identify those who are at a higher risk of churning. This enables organizations to develop and implement next steps designed to target and retain those high-risk customers. The more proactive a company is in this area, the more profitable it will be over time.
Enhancing the hiring process.
When asked about the most difficult part of their job, corporate recruiters and hiring managers almost unanimously list the task of shortlisting qualified candidates for job openings. With dozens and sometimes even hundreds of applicants, sifting through and narrowing down the options can be a monumental task. Machine learning is fundamentally changing the way this process is handled by letting software do the dirty work, quickly identifying and shortlisting those candidates that are the best fit.
Did you know that the average organization loses up to 5% of their total revenue each year due to fraud? Machine learning algorithms can be used to track data and apply pattern recognition to identify anomalies. This can help risk management detect fraudulent transactions in real-time so they can be prevented. This type of “algorithmic security” can also be applied to cybersecurity, leveraging AI to quickly and accurately pinpoint threats so they can be addressed before they are able to do damage.
Streamlining IT operations.
Another way AI and machine learning are revolutionizing how organizations operate is through intelligent automation. Powered by machine learning algorithms, agentless automation and orchestration platforms become force multipliers, driving efficiency and helping enterprises save time on manual and repetitive tasks, accelerate mean time to resolution, and maintain greater control over IT infrastructure.
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Over the past few years, Gartner has made some pretty bold predictions surrounding artificial intelligence and automation technology. These include such projections as the generation of $2.9 trillion in business value, the recovery of 6.2 billion hours of worker productivity and the creation of some 2.3million new jobs. All of this is expected to take […]
There’s been plenty of hype about machine learning and artificial intelligence and that buzz isn’t expected to slow down anytime soon.As we prepare for another new year, it’s always a good idea to consider what’s in store for technology and all indications point to 2019 being a major year for AI and ML. What might […]
Program Empowers Growing Community of MSPs, OEM Partners and SIs with AI-Powered IT Automation Resources, Tools, Education and Support San Jose, CA –- November 28, 2018 – Ayehu, provider of the leading AI-powered IT and security automation and orchestration platform, today announced that it has launched a Global Partner Program for Managed Service Providers, OEM […]
For several decades now, IT automation has been developed,refined and continuously improved to help streamline operations and take on the manual, repetitive tasks that nobody wants to complete. It’s becoming more widely accepted that most of these work duties can be handled by software. Beyond these simple, basic tasks, however, enterprises across the globe are […]
Machine learning has been proven to be so effective that many make the mistake of assuming it applies to all situations and can solve every single problem. As with any technology, there is a time and a place for machine learning – particularly when it comes to existing problems you simply couldn’t tackle due to […]
Chatbot technology is disrupting almost every industry, with everyone from Verizon and Capital One to NASA jumping onboard. But while artificial intelligent is certainly not a new concept, developing and implementing chatbots in a practical and profitable way is still in its relative infancy. Unlike other, more established technologies, there aren’t necessarily any real standards […]
The benefits of artificial intelligence for business are widely acknowledged and understood. So, why are so many organizations still holding back when it comes to adoption? While it may seem logical to blame technical issues for the holdup, in reality what’s standing in the way is far more likely to be human in nature, whether […]
Artificial intelligence has made our lives infinitely easier. Smart home devices can turn lights on and off and adjust the thermostat without us having to get off the couch. Cars automatically hit the brakes to avoid crashes and are capable of parking themselves. But intelligent automation isn’t just something that can benefit our personal lives. […]
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Ayehu is the IT Automation and Orchestration platform built for the Digital Era. Powered by machine learning algorithms, it acts as a force multiplier for IT operations, security operations, managed service providers (MSPs) and managed security service providers (MSSPs). Customers can significantly save time on manual and repetitive tasks, respond to incidents with pinpoint accuracy, accelerate mean time to resolution, and maintain greater control over IT infrastructure.
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