XFER Blog

AI, or artificial intelligence, has made significant contributions to the world of business technology even at this stage of the game. AI can be used to streamline your business’ operations and processes, too. Let’s explore five ways that AI can help a business be more efficient and put forth their best efforts.

Gaining efficiencies inside your business can make a world of difference to how it runs, but also how it is viewed by your customers. An efficient business can do more and react much faster than one that is constantly struggling to streamline things. Let’s look at five things you can do to create a more efficient workflow.

The modern business creates and deals with a lot of data, and has for some time. For most of that time, this data has just been ignored, but recent developments in analytics and business intelligence has made this data extremely valuable. In order for your analysts to make accurate determinations they’ll need access to a wide variety of data from a myriad of sources. This is where data warehousing comes in.

How do you look at your organization’s data? The answer will likely be the same as how you look at your organization. The businesses that do more to use their data to improve their business’ process, policies, and strategies, are the businesses that, by-in-large, are the ones that grow more rapidly and see more operational efficiency.  This month, we thought we would look at four ways your business can use their data to actively improve its operations.

IT requires several factors in order to function properly. First of all, it can’t exist without information, and this information can’t exist without data. Technology is what creates data so that your company can take advantage of changes in the industry and business environment. It might seem like a lot to take in, but understanding the flow of data is necessary for a business owner. Otherwise, you won’t be able to take advantage of it to jumpstart sales and profitability.

According to a recent survey by IDG Research Services of business and technology leaders, on average, only 28 percent of data stored and maintained has value to the day-to-day operations of a business. Translation: a whopping 72 percent of files stored by a business are useless.

In our previous blog article, we introduced you to Chris Dancy, aka "The Most Connected Human on Earth." We told you Chris' story, how the former IT manager lost his job due to corporate downsizing and then turned to quantitative technology to find relevance in an ever-changing work environment. Today, Chris utilizes hundreds of different technologies and systems as part of his "quantitative life existence." In part two of our interview with Chris, he explains how you too can be a connected human.

One of the best ways to leverage technology in order to make your business more profitable is to take advantage of the latest trends. 2014 presents business owners with dynamic new trends that are improving operations and providing the competitive edge. Over the next week we will highlight three of the most important trends that your business can take advantage of, beginning with Business Intelligence Analytics.