Goto

Collaborating Authors

 enterprise operation


5 industries benefiting from drone inspections - Channel969

#artificialintelligence

The usage of industrial drones to conduct inspections can considerably enhance enterprise operations throughout industries. These inspections improve precision, present safer choices for the workforce and drive effectivity. In response to Quadintel, the worldwide drone inspection and monitoring market was $7.47 billion in 2021 and can develop to $35.15 billion by 2030. This weblog examines 5 industries that profit from the fast-growing expertise of business drone utilization. Infrastructure is vital for a society and an economic system, however a number of the world's most industrialized nations face crumbling infrastructure, particularly ageing bridges.


AI and the cloud enable energy's transformative leap - BusinessWorld

#artificialintelligence

THE current pandemic has shown the oil and gas sector how dependable enterprise operations can be upended almost overnight. Work force routines at extraction sites and refineries have been disrupted, causing unplanned outages, as we saw at the Sharara oilfield. With supply chains interrupted, parts manufactured in traditional source markets could not be delivered on time, delaying essential maintenance. Border closures and an unprecedented drop in demand have further constricted already tight economic operations. Not only do these conditions look set to continue over the short term, but other challenges loom over the foreseeable future.


How AI is transforming enterprise operations and customer experience

#artificialintelligence

To navigate through the worldwide Covid-19 health crisis, organisations from every sector have needed to adapt enterprise and customer-facing operations using AI, the cloud and other technologies, to stay relevant for employee and consumer behaviours. The shift to remote working has meant that plans for digital innovation needed to be accelerated, and AI has been key to easing transitions and improving customer experience. Initially, fears were frequently expressed about the evolution of AI meaning that human workers would no longer be needed. But with flaws such as bias and inaccuracies remaining common, the contrary has proven to be the case. "If you've watched any sci-fi film or TV programme, you'll be aware of the fears around AI.," said Samantha Humphries, senior security specialist at Exabeam.


WorkFusion Raises $35 Million to Scale AI-powered Automation within Enterprise Operations

#artificialintelligence

WorkFusion, the leading provider of intelligent automation, has closed a $35 million Series D financing round led by Georgian Partners with participation from existing investors Mohr Davidow Ventures, iNovia, Nokia Growth Partners (NGP), Greycroft and RTP Ventures, bringing total funds raised to $71 million. The funding will accelerate customer adoption of AI-powered automation as they realize the immense productivity gains from digitizing business processes. "We invested in WorkFusion not only because it aligns with our thesis that AI will transform business, but most importantly because the company has made machine learning practical and powerful for enterprise operations," said Justin LaFayette, Managing Partner at Georgian Partners. "WorkFusion has category leading products and a strong leadership aligned by a powerful vision of helping businesses drive rapid productivity improvements with AI." WorkFusion transforms operations through self-learning, process-level automation that eliminates up to 90% of manual back-office work and AI-powered chat bots that increase front office service center capacity by 5x. "IDC estimates the AI and cognitive systems market will grow from $8 billion in 2016 to over $47 billion in 2020 and businesses are looking to invest in the most innovative and comprehensive automation technologies on the market," said Max Yankelevich, WorkFusion CEO.