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Is unstructured data slowing down your business operations? Race to efficient operations with  Intelligent Data Processing
Is unstructured data slowing down your business operations? Race to efficient operations with Intelligent Data Processing

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Data is what most businesses rely on to make informed decisions. But, is just having a pile of data across the multiple systems at your disposal enough to be worth your salt. Nah! We all have seen how chatbot has become the first point of contact for customer queries and helps enterprises save time and manual efforts. But, what if you get a chance to offer an instant resolution to your customers and save employees time in fetching data from a centralized system instantly without any manual effort. 

 

This is where AI comes in handy. Although AI has been a helping hand to banks, healthcare, manufacturing, and other industries there is one more side of AI that focuses on intelligent automation and leads to a room full of opportunities for business leaders to drive efficiency through innovation. 

 

And the secret sauce to do this is in processing data in a structured and meaningful format to get an actionable insight. But, how do you do that? Let’s go through this piece of information to understand the importance of Artificial Intelligence in data processing.



Beginning with Intelligent  Data Processing leveraging Artificial Intelligence

 

Gone are the days when customers used to look for queries by following the paper trial method. This is the digital era. Considering the time and effort involved in providing resolution manually is exhausting for both customers and employees as well. The challenges include-

 

  • Understanding the unstructured data
  • Processing the information in the required format
  • Routing structure data into process map with the right sequence

 

To get grip on these challenges is an opportunity to leverage AI and Machine Learning capability for better decision making and business outcomes. 

 

Even Gartner in a report stated that “ AI has the potential to allow companies to be competitive and pursue AI for better decision making and productivity. 

So, how do Artificial Intelligence technologies work all the way to make the data processing smooth like butter. 

 

Suppose, you received an email with five different data formats pdf, word file, image, scan copy, and text file. Manually formatting these data types and processing them took a whole bunch of time. But, using AI technologies like Machine Learning, OCR, and NLP enable employees to make sense of the data from multiple formats and offer end-to-end process automation without any glitch.

 

No paper trail, no manual extraction, and validation of data plug AI and free up the human from mundane and repetitive activities. In addition, AI technologies make sure that humanity is in the loop if any complex checker part is required. Isn’t it all employees expect from the organization? All in all, AI offers technology and process-driven operations instead of people-driven. That’s what the secret sauce 



Incentives Gained from Using Artificial Intelligence (AI) in Data Processing

Automation of data processing with Artificial Intelligence offers great benefits to businesses from compliance risk mitigation to streamlined business processes. There are a range of benefits that organizations can gain while keeping the human in the loop, let’s take a look-

 

  • How about gaining the maximum out of the minimum?

Usually, the technology solutions are meant to be expensive. But with intelligent automation, your enterprises gain more than the ROI. Using automation can reduce the operational cost spent on the manual effort by 5x and enable your enterprises to reduce 80% of the cost. And it all happens because the combination of AI technologies like Machine Learning and OCR ease the data extraction process for employees which leads to low manual intervention in processing data and providing resolutions. Isn’t it an apt example of gaining the maximum out of minimum resources?

 

  • Why not increase accuracy?

Manual accuracy is a serious concern when it comes to data processing. Segregating data from multiple sources and collecting them in a centralized system lead to manual error and high inaccuracy. Inaccuracy and errors not only delay the data processing time but also slow down the decision-making process. But AI and other cognitive technologies fast-track this process by taking over the repetitive and manual activity and making the process accurate and error-free. 
 

  • What about better data hygiene and confidentiality?

Yes, you heard it right when data is extracted, segregated, and processed autonomously using AI technologies hardly leaves a chance for theft and misused. In addition, the autonomous AI data processing solution ensures that the data which is processed is clean and relevant to the information requested.

 

Transform Data Processing with AI in Place

AI technologies are at the edge and advancing so quickly that almost every organization is trying to leverage them for better business outcomes. However, there is no sure shot way to success across the organization, but combining the power of AI along with a human touch can help you close on a solution that works for you specifically as per your needs. 

 

By leveraging AI you not only give better decision-making to enterprises and business leaders but also continue to grow your business while getting more valuable time back to employees. And who doesn't want accuracy, efficiency, and growth in one place? It's high time to make your smart employees smarter with AI adoption. Are you ready to roll with AI in data processing and scale up & down as per your needs? Act now before it's too late. 

 

 

 


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