View This Exciting New Video: AI Means All Firms Must Become Software Firms

View This Exciting New Video: AI Means All Firms Must Become Software Firms, updated 8/2/23, 5:08 AM

By 2024, the majority of top-earning businesses will be leveraging AI software to maximize profits. This underscores that all firms must join this wave of digitization and evolve into tech organizations. DigitalBiz’s new instructional videos demonstrate how to do so successfully. Vist https://www.digitalbiz.ai for more.

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The AI Revolution
Means All Firms Must
Now Become
Software Firms
In 2022, 70% of top economic performers in traditional
companies used proprietary AI software to massively boost
performance.
In essence, value is increasingly
software driven. The AI revolution
means all companies must
become software companies or
go bust.
DigitalBiz's new videos show how any company in any sector
can transform itself into a software company using AI.
Traditional companies are not specialist
software developers and include retail,
construction, healthcare, financial services,
transportation, mining, food and so on. And
despite AI hype, it doesn't mean a company has
to write software from scratch.
A company deploys an AI which then learns from a company’s own
internal data sources, aided and corrected by expert staff with deep
knowledge of company operations and the task at hand.
The result is a unique blend of AI and
data which delivers competitive
advantage by learning from staff edits
which allow it to fine tune itself to
execute company tasks better, faster
and cheaper.
According to Gartner most companies already use software to organise, produce, market, sell, deliver
and manage. With cloud computing now delivering unprecedented power and expertise to a wide
range of non experts in any company. The lesson is clear. Value will be increasingly software driven.
The importance of human oversight and staff
expertise is central. AI churns out information as data
strings with little idea of meaning, relevancy or
accuracy. It is a combination of AI software, company
data, and staff with deep knowledge of operations,
that delivers productivity gains.
DigitalBiz advice is that there is no need to go overboard or
make a huge financial commitment. Start off small on a single
task. And build from there.
Pick a job that needs data entry, is repetitive or
predicts the future. AI will likely do it more
proficiently and cost-effectively. All businesses
are different. But most will have separate,
distinct, data driven, repetitive and prediction
tasks as part of a process.
A key issue is that all AIs have the ability to learn from mistakes and need time to soak up
human experience until it is fine tuned for a specific use case. It is this ability to learn from
mistakes and not repeat them that delivers business value.
Select a task and tackle it with a quick,
simple AI pilot test. DigitalBiz content
planning, creation and distribution pilot
testing tools enable companies to test AI for
free and to kickstart a low risk AI journey.
Visit https://digitalbiz.ai to find out more.