Artificial intelligence (AI) is being talked about constantly, and is the hot topic both in the world of business and in the media, but understanding it can be a bit of a minefield.
AI uses computer algorithms to learn human practices and behaviours, such as problem solving, decision-making, understanding patterns and research. AI then acts independently to gather the required information based on its findings and presents this in the user’s desired format, whether that be text, graphs, images, speech or inserted directly into systems.
Think of asking your smart speaker a question, for example,
“what’s the weather like today?”
the device searches for this information and responds to your request in an instant. This is a simplified use of AI, but it can be used for so much more from small scale, to things we can probably not yet even comprehend.
AI can be used by a multitude of people, for a wide range of scenarios across both their personal and working lives.
Individuals
Businesses
At ResX we use AI across a number of our solutions, including:
Our Predictive Analytics Model determines the profitability of accounts or customers and uses AI to develop a formula that continuously learns and segments information. Our Predictive Analytics Model determines the profitability of accounts or customers and uses AI to develop a formula that continuously learns and segments information.
Our AI-powered customer journeys chooses which of your messages to send and when to send them to order to receive the best outcome.
Our Intelligent Document Processing solution allows businesses to convert large volumes of unstructured documents by automatically extracting & sorting the required information before inputting it back into a company’s system, completely removing the need for manual data entry and review.