Investing intelligent software can automate repetitive work, boost creative output, and speed up business growth. There are a variety of tools available. Many are completely free or very inexpensive.
Not all AI tools are created equal. Some are more advanced than others, however all offer entrepreneurs substantial value. It is therefore essential to understand the capabilities of each tool prior to incorporation into workflows for business.
Natural language processing (NLP), powered applications such as Grammarly can help entrepreneurs improve their writing skills by suggesting better phrasing and improving the readability and tone. This is a great tool for anyone who creates business proposals, presentations, and other documents for their business startup.
Other AI tools are available to help businesses track as well as analyse and visualize data. Tableau, for example, allows users to create visually informative visualizations of data and gain insightful insights. This can be a tremendous advantage for startups and small businesses that might not have access to an analyst for data.
One of the most interesting and useful software tools for intelligent use is chatbots. This artificial intelligence tool is used to automatize customer support, answering common questions, and providing guidance through either a text or voice interface. Chatbots can significantly reduce the amount of time and money spent on customer support, while improving the quality of customer experience for customers.
Another example of a smart software tool is the Utah Jazz’s seat by seat visualization app that provides fans with crucial sales and revenue statistics for each row of the arena. It allows the team to optimize ticket sales because it lets them quickly spot trends. It is important to keep in mind that these AI tools are still in the early stages of development and require some supervision and oversight by a human to be effective.
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