In investing in software that is intelligent, you can automatize repetitive tasks, increase creativity output, and help accelerate growth. There are a myriad of tools available. Many are free or extremely affordable.
However there are many differences between the AI tools are created equal. Some are more sophisticated than others, yet all is able to provide significant value for entrepreneurs. It’s therefore important to understand the capabilities of each tool prior to incorporation into your business workflows.
Natural language processing (NLP) powered software such as Grammarly can help entrepreneurs improve their writing by providing alternative words and phrases, as well as improving readability and tone. This is a great tool for anyone who writes business proposals, presentations, and other documents for their business startup.
Other AI tools are available to help businesses track analyze, visualize, and analyse data. Tableau is a good example. It lets users create visually appealing data visualizations and gain insightful insights. This can be a tremendous benefit to startups and small businesses that may not have access to an analyst for data.
Chatbots are among the most useful and intriguing intelligent software tools. This kind of artificial intelligence is used to automate customer support, answer common questions, and provide instructions via a voice or text-based interface. Chatbots are able to significantly cut down on the amount of time and money that is spent on customer service, while increasing the quality of the experience for customers.
Utah Jazz’s seat by seats visualization app is another example of a smart tool. It gives fans key sales and revenue metrics per row in the arena. It helps the team improve ticket sales as it lets them quickly spot trends. It’s important to remember that these AI tools are still in the early stages of development and require some human supervision and oversight to be effective.
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