enterpriseAIreporter

These days, eCommerce is a thriving area, with millions of companies producing huge amounts of money. However, with so much success, it's easy to get distracted in the shuffle and lose out on possibilities. Almost every industry identifies with this and strives to do better by adopting the right methods and technology. Take, for example, the news and journalism sector which has innovatively incorporated AI for personalised news features by providing a much more comfortable user experience.  By leveraging acquired business and customer data to make better business decisions and more accurately forecast the future, AI can help today's online merchants create an optimal consumer experience on and off their eCommerce websites. Even if you run a small firm, there is plenty of space for you to lay out the expansion plans and thrive. If you are willing to do this, you must ensure that you are employing the appropriate tools and tactics that we are going to talk about in detail furth...

  NLP which stands for Natural Language Processing is one of the most exciting technologies on the market today. Many businesses are interested in how it can help them achieve their goals but don't know where to start. In this blog, we are going to look at Natural Language Processing and how it is going to impact technology and business. NLP is a segment of artificial intelligence which assists machines or computers to read, understanding and interpret human language just like humans do. Irrespective of whether the language is spoken or written, NLP with help of AI uses the input, analyse it and produces some understanding out of it for the machines to process. NLP integrates statistical, machine learning, and deep learning models with computational linguistics—rule-based modelling of human language. These technologies work together to allow computers to interpret human language in the form of text or speech data and 'understand' its entire meaning, including the speaker...

  In the recent past, the growth of digitalisation has caught a rapid pace and the industries across the globe came under the obligation to incorporate this into their business activities. This mandate didn’t arrive only due to technological advancements made in the field of science, but also the fact that it made it possible and more convenient for organisations to perform better and cater to their customers in much more efficient ways. Artificial intelligence has given way to solutions using wide data models and machine learning to automate various industrial activities. One operating in the period of traditional importance in manufacturing companies would never believe the popularity and the level of accomplishments machine-operated tasks have acquired in the present world. AI-powered services have developed a world where almost everything previously handled by humans is now controlled through machines and provides results far better than the former approach. In recent reports, ...

  AI for CRM : Customer relationship management in the tech-driven business world When we talk about business, it's a fundamental fact that one strives to succeed in the longer term by pleasing and retaining its customers. We can clearly understand the relationship between any business organisation and its customers through the words of Michael Leboeuf, “ A satisfied customer is the best business strategy of all”. Customer relationship management ( CRM) has come a long way since its birth in the 1970s and keeps on maintaining its importance in the present world. CRM is still underrated by many people which is a massive organisational mistake altogether. CRM systems allow businesses to understand their target audiences better and figure out the best alternatives to cater to their needs, thus assisting in the retention of customers and driving sales growth. With the advent of technology in dealing with customers and the data related to them, AI for CRM emerged as the most truste...