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Victoria Sully 2019

Lylia Rose is a UK money blog by Victoria Sully featuring lifestyle topics with a focus on making money online, blogging, working from home, self-employment, staying healthy as a busy work-at-home-mum, side hustles, saving money and family finance tips.

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Three ways AI could help your business make more money

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Whether you think a virtual assistant could help you grow your small business, or you’re a fully-fledged operation looking for ways to automate core processes, staying informed of the latest developments in Artificial Intelligence (AI) is important if you want to remain viable in your industry.

If you're unsure about whether you should adopt emerging technologies in the world of AI, these amazing benefits for using AI innovation for business could be the encouragement you need to get started.

Image Source: Pexels CC0 Licence   

Increased productivity

Harnessing the potential of artificial intelligence in your business could free up many of your hardworking staff, enabling them to accomplish the tasks that require imagination and creativity, which are things robots aren't great at (yet). Design or strategy, for example, could help your business evolve and grow, but you need people free to be engaged in these creative processes. AI-powered technology for business covers a wide range of processes, from manufacturing to admin and everything in between. If you're curious about how AI could assist your company, begin by identifying which tasks drain your team the most. Whether you invest in an AI-powered HR system or bring a virtual assistant on board, harnessing AI for business is a great way to make space in your team's schedule for more productive work.

Streamline your daily processes

Robots are hardly the only form of artificial intelligence to have captured the ever-curious imaginations of business leaders the world over. The variety of AI uses have gone far beyond science-fiction. Now AI is fully integrated into the daily running of modern businesses. As AI grows in popularity, the world's top thought leaders are beginning to leverage cutting edge forms of AI to dramatically change the way many of the most crucial business tasks are performed. For example, human error has been reduced because of the lowered need for human involvement in many of the most draining repetitive manual tasks in production. It has also streamlined procedures that had previously been time-consuming and wasteful.

Image Source: Pexels CC0 Licence

Cyber security

If your business isn't investing heavily in advanced cyber security, you must recognize that your data is vulnerable to threat. Not only does this risk your customer's security, but it also puts your business reputation on the line. (Nowadays, nothing is as bad for business as a nasty data breach!) One of the biggest growth areas for Artificial Intelligence in the business space is in cyber security, with exciting new technologies such as gpu servers enabling research and development in this field. One of the top advantages that AI enjoys over humans when it comes to cyber security is that robots don't need sleep, and they certainly don't get tired. This means they don't make mistakes, and can be on the ball 24/7. This constant monitoring and vigilance enable effective protection for complex business systems as threats continue to evolve.

Whether you're new on the scene or your company is ticking along steadily, AI-powered tech could boost productivity, bolster your security, and reduce waste. With these exciting benefits in store, what are you waiting for?

 

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