EarlyBirds’ role in adoption of AI-powered innovation in businesses - Kalkine Media

Highlights

• EarlyBirds has been pressing upon the wide application of artificial intelligence (AI) against complex challenges in businesses.
• The use of AI can enhance customer engagement, boost sales, and save time and resources for businesses.
• On EarlyBirds’ platform, businesses can connect with innovators and address various challenges using their AI-powered innovations.

In today’s fast-evolving world, companies need to stay abreast of the latest tech advancements and embrace novel techniques to maintain a competitive advantage in the market. AI is one such technological innovation with the potential to revolutionise how businesses operate across industries. It can transform company operations through its ability to process, analyse, and make predictions from data, enabling better informed decision making.

Australia-based open innovation ecosystem EarlyBirds plays a crucial role in promoting the widespread application of AI against complex business challenges. The platform brings together innovators and early adopters to allow tech innovations play their part in resolving technical and operational challenges f businesses.

Understanding the power of AI

Using artificial intelligence, companies can forecast future trends and make proactive decisions. AI can help in predictive maintenance in manufacturing to predict possible equipment failures, which in turn decreases downtime and maintenance costs.

With AI assistance in customer service, chatbots and virtual assistants can offer quick responses to customer questions. AI tools can provide highly personalised product recommendations, content, and services based on customer preferences, ensuring a better customer experience.

This tech innovation can play a significant role in supply chain management by predicting demand, managing inventory, and aiding in logistics.

Artificial intelligence has also found its applications in detecting fraudulent activities, be it insurance claims, financial transactions, or digital encounters. This is possible because of machine learning models which have been designed to point out unusual patterns and notify in case of potentially fraudulent transactions.

Also, AI can prove to be of great assistance in recruitment of workforce at companies as it is capable of screening resumes, conducting interviews, and selecting candidates as per set criteria.

In the field of healthcare, AI can deliver efficiently in diagnosing diseases, predicting patient outcomes, and managing healthcare resources. Medical records, images, and genetic data can be analysed using machine learning models.

AI-driven robotics and automation systems have found large-scale applications in manufacturing. The use of AI has resulted in better product quality, easier detection of defects, and higher efficiency.

Overall, the use of AI can bring in higher customer engagement, boost sales for businesses, save time and resources.

How EarlyBirds can pace up AI adoption?

EarlyBirds hosts a wide network of innovators, early adopters, and subject matter experts. On this platform, businesses can connect with innovators and address different kinds of challenges using their technology innovations.

The company offers two types of programs – The Explorer Program for businesses who need innovation as a service to supplement existing innovation programs and The Challenger Program for solving one business or technical challenge at a time.

Any researcher or innovator can sign up as ‘Innovator’ on the platform.
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