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Want to Innovate? Automate.

The key to innovation lies in the ability to quickly identify and resolve frictions. Easier said than done? Not necessarily – provided you have the right tools in your corner. That’s where the power of AI, machine learning and intelligent automation come into play. By leveraging these technologies, organizations will be better prepared to pinpoint roadblocks and pivot accordingly to unlock new opportunities.  The Process In order to identify issues in workflows, there needs to be a process put in place, and that process must involve mapping out the complete journey of that workflow from start to finish. Hidden within this flow of events is where you’ll find those gaps and imperfections. And chances are, the more detailed the workflow, the greater the number of frictions you will encounter. That being said, the more frictions you find, the greater the opportunities to innovate by solving those issues and streamlining those workflows. Upping the Ante The whole process of laying out a workflow and identifying problems is nothing new. In fact, it’s been employed by top organizations around the world for eons. The problem is, because this process has historically relied on human effort, it’s naturally prone to errors and oversights. Here’s where technology has become a real game-changer.  Not only does AI and automation dramatically speed up the process of monitoring workflows and identifying issues, thereby streamlining processes, but because it’s capable of providing users with improved access to knowledge, it’s empowering users to self-serve. The result is a powerful synergy between human and machine which is enabling enterprises to truly up the ante in virtually every area of operation. Automation = Innovation Thanks to rapid advances, not only are we able to use automation technology to explore and identify frictions, but artificial intelligence and machine learning can also present new and expanding solutions to those issues. This capability is becoming one of the most powerful tools for decision-makers, who no longer have to rely on fallible human suggestions, but can instead choose from recommendations derived from real, quantifiable data.   In fact, unlike human analysts, AI is capable of sifting through mountains upon mountains of raw data and then convert that data into invaluable insights and actions. With intelligent automation, we are able to gain a new understanding of what’s happening in both the physical as well as the digital arena, as well as the context in which these things are occurring. With these insights, we can then take action, whether it be by informing, alerting or closing the loop. If, in the past, we considered the question, “How can we solve problem A for person B,” intelligent automation changes the game by asking, “How can we automate this process and make it more intelligent?” As such, the solutions we’ll develop will ultimately take us beyond the human user to learn what’s standing in our way, predict and plan next steps and incorporate automated actions whenever and wherever it makes sense. By leveraging the power of intelligent automation, we are essentially shifting responsibilities from human to machine.  Putting Ideas into Action It’s easy to write about how AI and intelligent automation has become a game-changer in terms of innovation, but how can organizations actually put this into action? There are two critical questions to ask: •	Given your available data and existing assets, which behaviors, activities, processes or environments could be made more intelligent through automation? •	What, if any, gaps exist within those physical assets and data? Which devices, tools, applications and analytics capabilities could be added into the mix to capture data more effectively and further the goal of automating? When you incorporate intelligence and automation into your processes and operations, you’ll be able to expand your portfolio of ideas and identify newer and better opportunities as a result. And that’s where true innovation can be found.  Ready to get started? Download your free 30-day trial of Ayehu and put the power of AI and intelligent automation to work for you.

The key to innovation lies in the ability to quickly identify and resolve frictions. Easier said than done? Not necessarily – provided you have the right tools in your corner. That’s where the power of AI, machine learning and intelligent automation come into play. By leveraging these technologies, organizations will be better prepared to pinpoint roadblocks and pivot accordingly to unlock new opportunities.

The Process

In order to identify issues in workflows, there needs to be a process put in place, and that process must involve mapping out the complete journey of that workflow from start to finish. Hidden within this flow of events is where you’ll find those gaps and imperfections. And chances are, the more detailed the workflow, the greater the number of frictions you will encounter. That being said, the more frictions you find, the greater the opportunities to innovate by solving those issues and streamlining those workflows.

Upping the Ante

The whole process of laying out a workflow and identifying problems is nothing new. In fact, it’s been employed by top organizations around the world for eons. The problem is, because this process has historically relied on human effort, it’s naturally prone to errors and oversights. Here’s where technology has become a real game-changer.

Not only does AI and automation dramatically speed up the process of monitoring workflows and identifying issues, thereby streamlining processes, but because it’s capable of providing users with improved access to knowledge, it’s empowering users to self-serve. The result is a powerful synergy between human and machine which is enabling enterprises to truly up the ante in virtually every area of operation.

Automation = Innovation

Thanks to rapid advances, not only are we able to use automation technology to explore and identify frictions, but artificial intelligence and machine learning can also present new and expanding solutions to those issues. This capability is becoming one of the most powerful tools for decision-makers, who no longer have to rely on fallible human suggestions, but can instead choose from recommendations derived from real, quantifiable data.  

In fact, unlike human analysts, AI is capable of sifting through mountains upon mountains of raw data and then convert that data into invaluable insights and actions. With intelligent automation, we are able to gain a new understanding of what’s happening in both the physical as well as the digital arena, as well as the context in which these things are occurring. With these insights, we can then take action, whether it be by informing, alerting or closing the loop.

If, in the past, we considered the question, “How can we solve problem A for person B,” intelligent automation changes the game by asking, “How can we automate this process and make it more intelligent?” As such, the solutions we’ll develop will ultimately take us beyond the human user to learn what’s standing in our way, predict and plan next steps and incorporate automated actions whenever and wherever it makes sense. By leveraging the power of intelligent automation, we are essentially shifting responsibilities from human to machine.

Putting Ideas into Action

It’s easy to write about how AI and intelligent automation has become a game-changer in terms of innovation, but how can organizations actually put this into action? There are two critical questions to ask:

  • Given your available data and existing assets, which behaviors, activities, processes or environments could be made more intelligent through automation?
  • What, if any, gaps exist within those physical assets and data? Which devices, tools, applications and analytics capabilities could be added into the mix to capture data more effectively and further the goal of automating?

When you incorporate intelligence and automation into your processes and operations, you’ll be able to expand your portfolio of ideas and identify newer and better opportunities as a result. And that’s where true innovation can be found.

Ready to get started? Download your free 30-day trial of Ayehu and put the power of AI and intelligent automation to work for you.

Innovation without Breaking the Bank. Yes, it’s Possible.

Innovation without Breaking the Bank. Yes, it’s Possible.In a recent survey conducted by IDC, 45% of CIOs and senior IT executives stated that one of their top three objectives is to “create competitive advantage for the business.” Today’s IT leaders are, perhaps more than ever before, being asked to deliver more. More reliability. Faster responsiveness. Greater flexibility. They are expected to leverage digital transformation to create disruption. And they are expected to do all of this while keeping financial impact at a minimum.

These IT leaders find themselves facing quite the challenge: finding a way to continuously innovate in the face of increasing budgetary restraints. The good news is, with the right strategy, this is – indeed – possible. Here’s how.

Leverage Your Data

Today’s forward-thinking organizations are increasingly driving business value and seeking to achieve competitive advantage through deeper data insights. This enables business leaders to uncover hidden value in existing services or products. With the right approach, innovation doesn’t have to be expensive. Simply prioritize the results of data discovery in order of those initiatives that require minimal risk and investment but have the potential for high returns.

Ultimately, the key to innovation lies in having a data-oriented mindset. Initiatives that focus on reducing costs and streamlining processes can be successful, but only when the right data is being used the right way to facilitate better decision-making. The ability to rapidly execute on those findings is also important.

Review Risks and Seek Out Greater Efficiency

Another critical key to cost-effective innovation is risk analysis and efficiency planning. Review the risks the business has and assess the impact and likelihood those risks may have on customers and operations. From there, you can prioritize and monetize, making more informed decisions about which areas budget cuts can be made while still meeting business needs.

Budget cuts enable business leaders to focus their efforts on maximizing efficiency. Establishing leaner teams, optimizing process management and improving the effectiveness of certain key elements, such as data storage, can all result in a better product or service at a lower cost. And, of course, adoption of technologies, such as intelligent automation (which we touch on in greater detail below), to help streamline processes and maximize efficiency.

Optimize, Optimize and Optimize Some More

The most innovative organizations – especially those on tight budgets – make a concerted effort to continuously optimize ongoing operations and costs. It’s never a “set it and forget it” kind of thing. It’s a never-ending battle – one for which technology can provide a leg up.

IT leaders must take advantage of targeted applications and cloud opportunities to extend and enhance their core capabilities. By leveraging the power of tools like artificial intelligence and machine learning, operations can be fully optimized. Not only does this create a more productive, efficient work environment, but it also frees up human workers to apply their creative, cognitive skills toward innovative business initiatives.

According to Gartner, 90% of the IT budget is currently consumed by the support of legacy systems. These costs can be dramatically lowered through IT optimization. Adopting the right technologies – preferably ones that seamlessly integrate with legacy systems – can reduce expenditure, improve customer service and provide distinct competitive advantage. At the end of the day, innovation takes funding and resources. IT optimization can free up both.

Looking for a platform that can bring your legacy systems together, improve efficiency and help you harness the power of data for better decision-making support? Ayehu offers all of this and more. Experience it for yourself. Request a live demo today and get your organization on the path to affordable innovation.

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