Artificial intelligence: Business benefits and tools for startups

Want to do more with less cash? Welcome to the world of business! Here’s what other smart entrepreneurs are doing.

Save time: Automation is one of AI’s biggest strengths. Why waste time with simple tasks a robot can do? Spend your valuable time on big questions and long-term planning. Customers asking the same old questions? Send them a bot and don’t leave them waiting!

Save money: On top of dealing with customers, AI can make it easy to analyse customer data for better-than-human insight.

Reduce error: Believe it or not, robots make fewer errors than humans. Not only do they work 24/7 but they produce better results.

Long-term insight: Seeing into the future is AI’s strongest suit. From assessing market changes to predicting business trends, robots can see billions of points of data in no time. For informed decisions, AI is impossible to beat.

How can startups use AI?

Need to do more with less? AI is a dream for smart businesses in the start-up stage. Here’s a quick run-down of what smart entrepreneurs are doing with AI.

AI business management tools:
• Email categorisation
• Spam filters
• Voice to text typing
• Predictive personal assistants
• Automated 24/7 customer support
• Sales forecasts
• Security management

E-commerce tools:
• Smart searches
• Customer personalisation • Product recommendations • Fraud detection
• Price optimisation

Marketing AI:
• Personalised customer news feeds
• Ad targeting and optimisation
• Automated web updates
• Predictive service to customers

What other advantages of AI would you add? Text in comments 💬