5 ways AI can be your business’ competitive advantage

Technology has changed the game

Imagine doing your job without the Internet ...

• Looking up numbers on your rolodex;
• Picking up the phone or booking a meeting every time you need to ask someone a quick question;
• Writing or typing out individual letters and mailing them out ...

The time and effort on repetitive task work we’ve saved is immense.

20 years from now, you’re going to feel the same way about AI.

AI will be the next big wave of technology essential to business function

AI is no longer a futuristic concept limited to major tech brands such as Amazon, Facebook, Google, Microsoft, Apple and Netflix.

The reality is, forward-thinking organizations of all sizes, across all industries, are already using AI to build sustainable competitive advantages for their products and their people.

And the rate of AI adoption is growing rapidly -- according to a Harvard Business Review article, AI adoption has skyrocketed over the pandemic, with 86% of companies polled saying that AI is becoming a “mainstream technology” at their company.

Companies across the globe are already using AI to:

• Accelerate revenue growth
• Drive costs down
• Reduce time spent on repetitive, data-driven tasks
• Shorten the sales cycle
• And more ...

One day, in the very near future, we’ll marvel at the kinds of problems we solved using spreadsheets, guesswork and gut instinct.

So the question becomes: How do you determine the current and future potential for AI to improve -- and eventually transform -- your business?

5 ways AI can be your business’ competitive advantage

1. Projection

Accurately forecast demand, supply, and future offerings for competitive advantage by:

• Designing better offerings
• Using sales trends to guide planning
• Using demand to achieve “just-in-time” inventory
• Identifying reliable supply chains
• Financial modelling for budgeting

2. Production

Innovative processes to decrease necessary inputs and increase overall production by:

• Maximizing the time systems run
• Reducing fuel, labour, and equipment costs
• Creating additional capacity or ability for output

3. Prevention

Anticipate risks, reduce downtime and intercept before incurring losses by:

• Changing maintenance patterns
• Reducing the number of high-risk clients or investments
• Detect anomalies in regular activity
• Increase quality control to stop shipping of defective products

4. Promotion

Insight-based selling: Make customized product or service recommendations based on customer insights:

• Personalizing promotions
• Recommendations based on customer insights
• Tailored product displays
• Target the most valuable customers
• Dynamic pricing

5. Personalization

Give customers a rich, personalized and convenient experience by:

• Recommending relevant products, content and services
• Customizing experiences in real-time

Amii is here to help

Your business has unique needs. We specialize in helping our clients develop unique solutions.

Though there are many ways to integrate AI into your business, we know that building your internal AI capacity is the best strategy to see long-term and compounding return-on-investment. The true potential of AI is unlocked when you build internal capabilities, and that’s where we excel.

Working with us ensures that you stay focused on making the best choices to advance your business along the AI adoption spectrum and de-risk each step along the way.

From exploring the idea of adopting AI in your business to putting it into practice and then advancing it even further, the Amii team has the knowledge, skills and processes in place to help your business move through the adoption process quickly and effectively.

We’ve invested in advanced AI research for decades. Put our experience to work for your business.

We’re ready to help your team find the best path forward.

Let's get started!

Interested in learning more about how Amii can help you harness the potential of AI in your business?

The first step is easy. Book a call with our team! We're here if you want to float an idea or to answer any burning questions you might have. We're always happy to chat with a fellow AI enthusiast (it's absolutely our favourite topic of discussion).