Tag BUSINESS

AI in Business: Transforming Operations, Unlocking Benefits

In the rapidly evolving landscape of modern business, staying ahead of the competition often means harnessing cutting-edge technologies. Artificial Intelligence (AI) has emerged as a game-changer, offering businesses an array of transformative use cases and significant advantages. In this article,…

AI: Basic Programme for Staff Training

The type of training necessary for staff when implementing AI in your business can vary depending on your specific goals and needs. However, here are some essential training areas and why they are important. AI FundamentalsBasic training in AI fundamentals,…

Why Deviating from Rationality May Harm Your Business

Unfortunately, it is well known that irrational behaviour has a significant negative impact on a company’s performance. Deviating from rationality may harm your business because a business requires organised and logical processes to function properly. I’ve seen numerous poor choices…

Transforming Hospitality: An AI Success Story

We recently undertook a project that underscores the transformative power of artificial intelligence. Bound by privacy and confidentiality, the details we can share about our client—a bar chain with six locations—are limited. Yet, this constraint underscores the delicate and trusted…

Some of the Best Use Cases of AI

AI has a wide range of applications across various industries. Some of the best use cases include Healthcare: AI can assist in medical diagnosis, drug discovery, and personalised treatment plans. Finance: AI helps with fraud detection, algorithmic trading, and credit…

Difficulties of introducing new software in a workplace

Introducing new software into a workplace can be a challenging and complex process. Here are some of the difficulties that may arise: In sum, introducing new software into a workplace requires careful planning, things you can’t do without professional guidance.…

Difficulties of digitizing a business process

Digitizing a business process can be a complex and challenging task, especially for organizations that have been relying on manual processes for a long time. Some of the difficulties that may arise during the digitization process include: Surely, digitizing a…

What’s procurement and how to streamline processes?

What’s procurement? Procurement refers to the process of obtaining goods or services from external sources, typically through purchasing or contracting. It involves identifying the need for a particular product or service, determining the specifications, evaluating potential suppliers, negotiating contracts, and…