Introduction to Artificial Intelligence Levels | Intellipaat
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Nowadays, AI is used in almost all industries, giving all companies that integrate AI at scale a technological advantage. According to McKinsey, AI has the potential to generate 600 billion dollars in retail value and 50 percent more incremental value in banking than other analytics techniques. The potential revenue increase in transportation and logistics is 89% higher.
For example, if a company uses AI in its marketing team, it can automate mundane and repetitive tasks, freeing up sales representatives to focus on relationship building, lead nurturing, and so on. Gong is a company that provides conversation intelligence. The machine records, transcribes, and analyses every phone call made by a Sales Representative. The VP can formulate plans using AI analytics and recommendations.
Obtaining an Artificial Intelligence Course is vital for upskilling and staying current in the workplace.
In a nutshell, artificial intelligence (AI) provides cutting-edge technology to deal with complex data that a human cannot handle. AI automates repetitive tasks, allowing workers to focus on higher-level, value-added tasks. When AI is used on a large scale, it reduces costs while increasing revenue.