What can one million monkeys teach us about digital networks? paid SAP
But you needn’t aspire to such literary, musical or artistic heights to benefit from artificial intelligence. You might simply want to run your business better. Through predictive analytics and cloud-based digital networks, business leaders are extending competitive advantage in ingenious ways. With newfound visibility into the interconnected operations of buyers and suppliers, they’re uncovering insights hidden away in the vast repositories of data they hold.
By tracking the human response to cloud-based applications and integrating what it learns, artificial intelligence can refine the user experience in real time — such that each successive log-in narrows the gap between expectation and satisfaction. At a time when organizations suffer not from too much information but from too few relevant insights, business leaders yearn for a path forward. Yet contrary to popular misconception, that path needn’t necessarily lead to machines replacing employees.
When applied wisely, artificial intelligence complements a workforce by freeing people from the tedious, tactical tasks traditionally associated with procurement, external workforce management, and other cost centers — enabling them to focus instead on more strategic activities such as shoring up the supply chain, collaborating with buyers and suppliers, managing service providers, and instilling a culture of innovation throughout the organization.
For business leaders seeking actionable insights from the data they accumulate, cognitive technologies can bear fruit. Without artificial intelligence, data can still be put to work for an organization — but with about as much efficiency as a roomful of indefatigable touch-typing primates. And that would be bananas. in Austin, Texas, from April 1–3, where we’ll explore what’s ahead for our platform and our industry. See you there.
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