Accelerate Enterprise AI adoption using No-Code Conversational Platform
January 11, 2021
Artificial Intelligence (AI) looks positioned to be the foundation on which digital transformation, disruption, and competitive advantage of existing and new businesses will start from.
Enterprise AI isn't something to be leveraged for a one-off project. The only way that your business can fully experience the power and capability of Enterprise AI is by deploying it at scale across all your business workflows and functions.
Key Definitions, Explained.
Enterprise AI
Let’s break it down into two parts.
Enterprise refers to a business, while AI is an umbrella term used to describe intelligent automation processes such as machine learning, natural language processing (NLP), cognitive computing, and deep learning.
Therefore, Enterprise AI is the leveraging of intelligent automation processes into a business to discover and deliver organizational knowledge, data, and information similar to the way humans look at and process information.
Non-Code Conversational Platforms
Conversational platforms are application development platforms used by developers to build conversational user interfaces, Chatbots, and Virtual assistants for integration into messaging platforms such as SMS, Website, and Social Media Chat components.
Non-Code Conversational Platforms are these application development platforms that don't require any coding to develop conversational user interfaces. Developers use graphical user interfaces and configuration components instead.
Enterprise AI Adoption, Let’s Have A Look at the Numbers.
Organizations across multiple industry verticals are at different stages of implementing AI-related technologies. Enterprise AI adoption rates from various research studies show that they are anywhere between 20% and 30%, with adoption loosely meaning 'implementing AI in some form.'
Image Credits: game-changer.net
KPMG undertook a survey that involved 30 of the Global 500 companies. 30% of the respondents in the study reported using AI-related technology for several functions. However, only 17% of these respondents were deploying the AI technology at scale.
A survey done by research firm Gartner reported the number of companies who have implemented an AI-related technology in the past four years had grown by 270%.
Average Number of AI and ML Projects Deployed In the Last Four Years
The image below shows there has been a steady rise of the AI and ML projects deployed in the last four years by organizations.
Image Credits: Gartner AI and ML Development Strategies Survey
Skills Shortage, a Major Hindrance in Enterprise AI Adoption
Deloitte's Tech Trends 2020's report cites skill shortages necessary in deploying AI technologies as the biggest reason for AI project failures and slow uptake enterprise AI adoption.
Image Credits: game-changer.net
57% of the survey respondents (as per the image above) indicated a lack of ML Modelers and Data Scientists as the major hindrance to Enterprise AI adoption, which involves machine learning applications.
Fortunately, no-coding conversational platforms have effectively taken care of this issue that enables users with zero coding experience to create modern, multi-modal applications on the fly within minutes.
Differentiate Between No-Code and Low-Code Platforms
Low-code platforms are generally used IT personnel with coding knowledge to create mission-critical custom applications, such as transactional ERP applications.
No-code platforms are application development platforms that use visual development environments, used by laymen to create apps, through various methods such as; drag-and-drop or the adding of application components, in creating complete applications.
Benefits of Using No-Code Conversational Platforms to Accelerate Enterprise AI Adoption
The rise of no-code conversational platforms is proving to be a game-changer in accelerating enterprise AI adoption strategies, which is why.
Increased Productivity and Efficiency
Empowering business people without any coding skills and creating their apps, results in increased business productivity and efficiency.
Verite, a non-profit firm that works with brands such as Apple, Nestle, and Patagonia, uses a no-code conversational platform to centralize its project management data. They successfully managed to cut between 80-100 hours of workers' time by optimizing their workflow process.
Cost Savings
Businesses can save tremendous costs by encouraging in-house talent willing and eager to learn how to build conversational Enterprise AI applications for their company instead of hiring professional, expensive external developers.
Less Time
No-code conversational platforms enable users to create a functional application on the fly resulting in the deployment of these applications in less time it could have taken if the user had used a code-based conversational platform.
VoiceWorx: Your Conversational AI Platform of Choice
Voice Worx is a No-Code conversational AI platform that makes it easy for business users to build robust, dynamic, and secure enterprise conversational assistants such as Chatbots or intelligent personal assistants.
What Makes VoiceWorx Stand Out?
Fast & Easy to Use
As a no-code conversational platform, anybody at your business can create and deploy a functional conversational platform within no time.
Cost-Effective
Doesn’t require expensive data scientists, conversational AI developers or weeks spent on programming
Supports Common CAI Channels
Provides complete support to leading CAI channels such as Amazon Alex, Google Assistant, Skype, Slack, and SMS platforms
Third-Party Application Integration
Provides third party application integration of common Enterprise applications such as CRMs (Salesforce), ERP (SAP).
REST API Interface for Faster Connections
Enables on-the-fly secure connection to most enterprise systems available on the market
Request for a FREE trial and learn how we can help your business improve productivity and efficiency.
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