We are tracking the most impactful AI use cases here. This is meant to be a list that grows over time so feel free to contribute with your comments, this list is definitely not comprehensive now. And share the knowledge with your twitter followers: @AndrewYNg claims that "AI is the new electricity". We compiled 100 applications runnning on this new electricity. Marketing can be summarized as reaching the customer with the right offer, the right message, at the right time, through the right channel while constantly learning. Optimizing product, pricing & placement allows marketers to create an attractive value proposition to customers. Gesture Control: Gesture control enables higher levels of activity and engagement by allowing users another mode of interaction with your digital products. Quantify the gesture levels and other engagements in order to provide meaningful insights. Pricing Optimization: Also called dynamic pricing or demand pricing, pricing optimization allows companies to optimize markdowns. Optimal markdowns minimize cannibalization while maximizing revenues. One of the easiest transformations a business can achieve, dynamic prices directly impact the bottom line and can be rolled out in a matter of days. Optimize markdowns to minimize cannibalization while maximizing revenues. Identify which products are of significant importance for customers.
The two qualities can also create a competitive advantage, which is key priority for growing organizations. While agents hold the keys to your company's success, they are also the most expensive resource you have – accounting for 60% to 70% of expenses in a contact center. Depending on organizational needs, call centers can implement an array of different technologies, from basic to sophisticated. Monet Software predicts in their study that call centers using workforce management systems generally experience a minimum reduction of 2% for staff hours with an average potential savings in the 5-10% range. With workforce management it is generally expected that at least 25% of the time currently devoted to manual input can be saved.
Digital disruption A new industrial revolution, but people matter HR Tech 2017 Keynote 3 Copyright 2017 Deloitte Development LLC. Robots Can cost as low as $25,000* 250,000 purchased globally in 2016** *Source: Robots: The new low-cost worker, Dhara Ranasinghe, CNBC, April 10, 2015. The future of work Robotics, AI, sensors are here now HR Tech 2017 Keynote 4 Copyright 2017 Deloitte Development LLC. Quantified self: arriving now $1.8 billion in venture invested in wearables since 2016 Source: CB Insights HR Tech 2017 Keynote 5 Copyright 2017 Deloitte Development LLC. The "average" US worker now spends 25% of their day reading or answering emails Fewer than 16% of companies have a program to "simplify work" or help employees deal with stress. The average mobile phone user checks their device 150 times a day. The "average" US worker works 47 hours and 49% work 50 hours or more per week, with 20% at 60 hours per week 40% of the US population believes it is impossible to succeed at work and have a balanced family life.
In the modern workplace, technology is the real game changer. The majority of businesses today are inclined towards investing in automated systems that are powered by artificial intelligence. The idea is to access data in real-time that boosts employee productivity. Application of automated data engineering is no longer a vision. It is a reality that has long-term advantages by transforming employee performance within a business environment.
Committed to drive smarter care, superior patient outcomes, and hospital experience across its vast national network, Apollo Hospitals Group, Asia's foremost integrated healthcare services provider, has selected an innovative workforce management solution from Kronos – a global leader in cloud based human capital management, to boost workforce efficiencies, and productivity. The innovative solution from Kronos Incorporated, the global leader in workforce management cloud solutions, has gone live across Apollo's six locations in South India, empowering its 3,000 workforce, with real-time visibility, and actionable insights, yielding quality care. Collaborative self-scheduling allows hospital staff to select their preferred schedules and make it easier to swap shifts and request time off, offering a more engaging experience that simplifies their work-life balance. These features will be extended to 15 more locations, covering about 8,000 employees during the next month. Given the criticality of healthcare operations and the importance of accurate staffing to meet patient's demand, the intuitive solution helps auto generate rosters and enables the nurses and other healthcare staff deliver better care.