What’s AI Automation? Best Tools for Businesses
If you own a business, you have a chance to automate tasks with AI solutions. Over 7 out of every 10 companies are wasting time on tasks that can be automated. Fortunately, there are tech companies that are providing AI automation solutions that cost pocket change every day, allowing human staff to spend more time on tasks that matter.
In this article, we can give you a better understanding of AI automation and how companies are able to accomplish more thanks to these implementations.
What is AI Automation?
AI automation is the process of using robots or bots to perform actions, solve problems, make choices, and process data across a company’s back-end platforms. AI automation is an element of optimal business process that also include the following:
- Robotic Process Automation (RPA)
- Business Process Management (BPA)
- Workflow Automation
How AI Automation Works
AI emphasizes on doing tasks based on direct user inputs, in addition to its great efficiency, and scalability. This allows the company that runs the AI to do tasks without human labor. Natural language processing (NLP) allows the AI to understand intents and utterances from users, decide what action to take, and come up with a natural-sounding response that can mimic human language. AI can also use third-party tools and programs to perform tasks, making it a crucial element to saving time and money.
Here are some innovations to AI automation that have been very fruitful to businesses in recent years:
- One type of AI that requires human guidance and instruction is “generative AI”. Generative AI is what causes programs like DALL-E, ChatGPT, and many others to create imagery, text, video, or audio.
- AI can also adopt intelligent data processing (IDP) to extract information from documents and use it to help solve problems for users, like with customer service.
- A third technique is process discovery, in which AI can observe behavior so that businesses can identify problems when it comes to productivity, teamwork, marketing, and other factors within a company.
Benefits of AI Automation
Investing in AI automation comes with many pros and little to no cons for any type of business. Here are some of the key ways company utilize AI automation:
- Customer experience: AI consistently provides results that can either meet or exceed the customer’s expectations.
- Teamwork: AI can allocate assignments to team members on a project based on workloads, expertise, timelines, and other factors, without having the project manager figure all this out by themselves.
- Cost savings: Because of how fast AI automation can work to complete tasks, companies can save money by spending far less resources in a given timeframe.
- Scalability: For companies that expect to grow, AI automation will be able to keep up with all the changes and growing pains your company would experience, especially on the customer service front, where AI automation can handle customer queue lines in a cinch.
- Ease-of-use: Especially when it comes to generative AI, business owners don’t need to learn coding or hire an expert coder to manage and use AI automation tools. This means an AI automation app can be finished and deployed sooner than later.
AI Automation vs Traditional Automation
“AI” and “automation” are often used interchangeably, since they both can perform tasks that humans can do, but AI automation and traditional automation are two different things that businesses need to take into account. While they have some things in common, they have key differences.
For one, AI is meant to imitate humans from an intellectual standpoint. AI uses machine learning to be able to “think” and make decisions on its own, and can learn by observing feedback and past experiences. Traditional automation doesn’t have the element of intellect to it, and instead focuses on repetitive tasks and is instructed solely based on rules and parameters. For instance, automation is used to update spreadsheet data across multiple systems. While this task can be done with a robot, it doesn’t mean AI or intelligence is involved.
AI Automation Agency
An AI automation agency is a company that promotes itself as an “all-in-one” solution for businesses designed to help them grow with several different automation tasks. These companies can center around helping other companies in finance, healthcare, retail, or other verticals. The cost of partnering with one of these agencies can start at $100 per month.
Click here to learn more about AI automation agencies.
AI Automation Tools
There are dozens of AI automation tools on the market today that business owners can try out for free. Here’s a breakdown of some of the most popular:
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