Skip to main content

AI- The Preferred Direction of Modern SMEs

Artificial Intelligence is not a substitute for human intelligence, just a subtle way of reaching conclusions.

Despite all the hype about Artificial Intelligence, most of the AI technology is still in very early stages of development. Any AI successes are coming from Deep Learning and Machine Learning technologies, which are far too expensive and complex, with no direct ROI evidence, for Small and Medium Sized businesses.

Many businesses and consumers are already using Artificial Intelligence as their priority. This technology is being used in Applications like smart-home security systems, self-driving cars and intelligent refrigerators and also, in voice recognition devices and virtual assistants such as Google Home, Amazon’s Alexa, Siri and Cortana which are being used in workplaces and as well as at home. Changing our understanding of what’s possible Artificial Intelligence has already strongly influenced the world of work. AI can help Small and Medium-sized Enterprises (SMEs) do their tasks in more efficient ways, making them more productive, looking forward to which SMEs are embracing AI.

Why SMEs are important?

Because SMEs are primarily responsible for economic growth and prosperity. Their capacity for innovation and flexibility in a changing business environment makes them crucial for success in the global economy. SMEs also charge less to their clients than some of the big companies and this also allows the clients to benefit from cheaper and hence more profitable deals as they attract their way out for clients and provide special offers with reduced prices to increase their business or for the stable position in the market. In fact, it is these SMEs that governments rely upon to increase growth in their economies. The biggest asset of SMEs is that it provides employment.
Labels:

Comments

Post a Comment

Popular posts from this blog

Fast and Secure Protocol (FASP) Accelerating Data Transmission to Cloud

In this digital era, persistent and reliable movement of digital data, including massive sizes over universal distances, is becoming vital to business success across virtually every industry. The Transmission Control Protocol that has conventionally been the engine of this data movement, however, has inherent impasses in performance. What exactly is FASP? Fast and Secure Protocol (FASP) is an innovative file transfer tech by Aspera. It is a software which evacuates the fundamental shortcomings of traditional TCP based data transfer technologies such as HTTP or TCP itself. FASP is flexible and open architecture with maximum speed and reliability. Unlike TCP, FASP transfer is robust and can achieve speed hundred times faster than HTTP/FTP. With built-in security and extraordinary bandwidth control, it provides an assured and secured delivery time regardless of transfer distance, file size or network conditions. Read More:  https://www.hitechnectar.com/blogs/fasp-data-transm...
Post a Comment
Read more

Overview of WordPress and WP Engine

WordPress is an open-source content management system (CMS) that powers approximately 40% of all websites on the internet. It allows users to host their own instances or utilize managed hosting solutions like WP Engine. WP Engine is a prominent managed WordPress hosting provider that serves over 1.5 million customers globally, offering tailored solutions for businesses and agencies, including eCommerce and headless configuration. Recent Controversy Between WordPress and WP Engine Uncover the details behind the WordPress and WP Engine dispute—click to read more:  " Conflict Between WordPress and WP Engine " Key Issues The relationship between WordPress, led by Automattic CEO Matt Mullenweg, and WP Engine has recently become contentious. Mullenweg publicly criticized WP Engine, labeling it a "cancer to WordPress," primarily due to its practice of disabling the revision history feature in WordPress. This feature is crucial for data protection, allowing users to track c...
Post a Comment
Read more

5 Ways Automation Can Accelerate Event Growth

Scaling your event big or small doesn’t require crazy investment and burgeoning complexity. What it does require is more efficiency! efficiency in an event means to optimise time in every way possible. It means spending your assets in the correct direction. If you go in a correct direction, growth is inevitable. An event in most cases needs marketing efforts.  A successful and fruitful event hosting requires months of preparation. Most importantly, event management requires much multi-tasking which is readily achievable through event-driven automation. Automation assists you in prioritising and thus, accelerating your event growth in following ways: Scheduling Scheduling using Automation ensure that work is not forgotten, delayed or run out of sequence, that work is completed successfully, that the input data is correct, and is well processed. Automate event publishing so that the team can schedule events early. By handling the administrative work behind the scenes...
Post a Comment
Read more