How Is AI Changing Digital Transformation?

The Gist Driving innovation. AI optimizes operations and enhances customer experiences via advanced algorithms, data analytics and machine learning. Boosting efficiency. AI technologies like chatbots and intelligent process automation streamline business processes, freeing up resources for complex tasks. Fostering growth. With a staggering $142.3 billion global market, AI is at the core of transformative technologies and a key player in industries’ digital transformation. Artificial intelligence (AI) is revolutionizing the process of digital transformation, providing opportunities for businesses to optimize their operations and enhance customer experiences. By embracing AI technologies, brands can take advantage of advanced algorithms, data analytics, and machine learning to drive innovation and stay ahead of competitors. Through the use of AI, brands are able to automate repetitive tasks, extract actionable insights from extremely large volumes of data and create personalized customer experiences. From chatbots to predictive analytics and process automation, AI is reshaping the way businesses approach digital transformation, bringing efficiency, agility and customer-centric functionality to the forefront. As of June 2023, the global AI market has skyrocketed to a staggering $142.3 billion, according to a recent Statista report . The surge is primarily fueled by AI’s transformative applications in customer experience enhancement, insightful data analytics […]

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