Newsroom
- VADS
- Newsroom
- What is AI: Definition, How it Works, and Its Application in Business
What is AI: Definition, How it Works, and Its Application in Business
24 January 2022
What is AI? Lately, the word AI or artificial intelligence is increasingly being discussed. Mentioned, AI has many benefits that can facilitate human tasks, including in terms of managing a business. To help you understand what AI is and how it can be applied in business, let's take a look at the following review!
Get acquainted with what AI is
AI itself stands for artificial intelligence. Literally, AI means artificial intelligence. Basically, AI is a computer system developed in such a way that it can have human-like intelligence. Just like humans, the intelligence possessed by AI is also obtained from a learning process.
However, the AI learning process is different from humans. AI learns by gathering as much information as possible. Systems embedded in AI then filter and process that information until it can finally be used. Broadly speaking, AI has three basic capabilities, namely learning, reasoning, and self-correction.
Understand how AI works
After knowing what AI is, let's also understand how it works. The way AI works starts with collecting data. After that, the algorithm embedded in the AI will filter and process the data set. That way, AI can also get new information.
For example, you want to create an AI that can provide food recommendations according to weather conditions. For AI to work, you have to enter data about different types of food. Later, AI will group the food data into these weather conditions. So, when users enter certain weather conditions, they can immediately get food recommendations.
Examples of applying AI in business
The application of AI in everyday life is so broad, you can even apply it when managing a business. The points below will explain some examples of applying AI in business:
- Providing product recommendations on e-commerce websites
The wide choice of products makes it easy. However, if it is too diverse, customers will feel confused about making a choice. At times like this, providing recommendations can be a solution.
Well, you can use AI to provide product recommendations to customers. AI will learn customer tastes from products they have purchased or seen before. From there, AI can offer similar or related products.
- Chatbot to serve customers for 24 hours
A chatbot is software specially designed to be able to reply to chats from customers automatically. Interestingly, chatbots offer similar interactions to humans.
This can happen because AI collects data in the form of frequently asked questions by customers and their responses. AI also stores keywords or keywords in the system. So, when these keywords appear in customer questions, AI can immediately find the answers.
If you often feel overwhelmed by customer inquiries, chatbots can be an efficient solution. VADS Indonesia offers a Smart Outreach service in the form of a chatbot that can be tailored to your needs. Click here for service details!
- Inventory monitoring to monitor the stock of goods
As the business grows, monitoring inventory manually will obviously be very time-consuming. As a solution, you can take advantage of the help of AI. With AI, tracking raw materials becomes easier. In addition, AI can also manage backorder sales from suppliers to carry out stock inventories automatically.
- Automation of employee recruitment process
Another example of the application of AI is the automation of the employee recruitment process. Utilizing AI, you can sort your apps according to your company's needs. If there are unsuitable criteria, AI will automatically reject the application immediately. This method is very efficient, both in terms of time and cost.
- Predict future trends
By gathering appropriate data, AI can also predict future business trends. You simply provide data about business trends in previous years, consumer behavior, market demand, and stock of raw materials, then AI will immediately process it into predicting trends in the future.
Hopefully, this review can answer the question of what AI is along with examples of AI applications in business. If you want to immediately take advantage of AI to help manage your business, VADS Indonesia provides several services that have been supported by AI technology such as chatbots. For more information, email marketing@vads.co.id.
Related News
19 November 2024
14 November 2024
08 November 2024
05 November 2024
01 November 2024
31 October 2024
25 October 2024
22 October 2024
18 October 2024
16 October 2024
11 October 2024
09 October 2024
08 October 2024
07 October 2024
27 September 2024
24 September 2024
20 September 2024
13 September 2024
10 September 2024
10 September 2024
06 September 2024
04 September 2024
02 September 2024
02 September 2024
09 August 2024
05 August 2024
26 July 2024
23 July 2024
02 July 2024
25 June 2024
18 June 2024
14 June 2024
06 June 2024
31 May 2024
24 May 2024
26 April 2024
02 April 2024
08 March 2024
05 March 2024
01 March 2024
29 February 2024
27 February 2024
23 February 2024
20 February 2024
16 February 2024
13 February 2024
09 February 2024
06 February 2024
02 February 2024
30 January 2024
26 January 2024
23 January 2024
19 January 2024
17 January 2024
12 January 2024
09 January 2024
05 January 2024
04 January 2024
29 December 2023
26 December 2023
20 December 2023
13 December 2023
08 December 2023
05 December 2023
28 November 2023
23 November 2023
17 November 2023
14 November 2023
09 November 2023
08 November 2023
01 November 2023
24 October 2023
17 October 2023
17 October 2023
11 October 2023
10 October 2023
06 October 2023
04 October 2023
29 September 2023
27 September 2023
26 September 2023
22 September 2023
21 September 2023
15 September 2023
08 September 2023
01 September 2023
22 August 2023
18 August 2023
15 August 2023
15 August 2023
04 August 2023
26 July 2023
21 July 2023
04 July 2023
03 July 2023
30 June 2023
09 June 2023
01 June 2023
30 May 2023
26 May 2023
19 May 2023
17 May 2023
12 May 2023
04 April 2023
16 March 2023
09 March 2023
24 February 2023
22 February 2023
14 February 2023
13 February 2023
09 February 2023
31 January 2023
26 January 2023
23 January 2023
19 January 2023
12 January 2023
10 January 2023
06 December 2022
31 August 2022
17 June 2022
09 May 2022
20 April 2022
06 April 2022
01 April 2022
25 February 2022
23 February 2022
21 February 2022
18 February 2022
15 February 2022
11 February 2022
08 February 2022
07 February 2022
04 February 2022
02 February 2022
31 January 2022
17 January 2022
14 January 2022
07 January 2022
03 January 2022
28 December 2021
07 December 2021
01 November 2021
27 October 2021
25 October 2021
18 October 2021
15 October 2021
14 October 2021
21 September 2021
22 April 2021
15 April 2021
13 April 2021
08 April 2021
05 April 2021
26 March 2021
23 March 2021
18 March 2021
15 March 2021
12 March 2021
09 March 2021
04 March 2021
02 March 2021
26 February 2021
23 February 2021
19 February 2021
16 February 2021
11 February 2021
09 February 2021
04 February 2021
02 February 2021
26 January 2021
21 January 2021
19 January 2021
14 January 2021
12 January 2021
07 January 2021
05 January 2021
29 December 2020
17 December 2020
15 December 2020
10 December 2020
08 December 2020
04 December 2020
02 December 2020
18 November 2020
16 November 2020
13 November 2020
11 November 2020
10 November 2020
09 November 2020
06 November 2020
04 November 2020
28 October 2020
23 October 2020
12 October 2020
09 October 2020
06 October 2020
02 October 2020
30 September 2020
23 September 2020
19 September 2020
26 August 2020
22 July 2020
23 April 2020
16 April 2020
09 April 2020
26 March 2020
19 March 2020
12 March 2020
05 March 2020
27 February 2020
20 February 2020
13 February 2020
06 February 2020