shape2
shape2
shape_round
shape_round
shape_round

How Does Generative AI Help Your Business?

Table of Contents

    What is AI?

    If you are looking for a helping hand to improve productivity, support your teams to provide more personalized and targeted customer experiences, or increase sales without overinvesting, you should explore the capabilities of AI.

    Over the years, AI has broadened its services and use cases. Today, it aids businesses by automating tasks and generating insights to make better decisions.

    Many organizations have already implemented AI’s assistance to optimize their workflows and extend the capabilities of their systems like finance, human resources, sales, customer service, and procurement.

    Oracle AI can enhance your team’s productivity

    Enhance business outcomes, improve productivity and efficiency, and much more.

    Oracle AI- Revolutionizing Generative AI

    Generative AI creates new and original text-based, audio and video-based, or even software-based outputs. Chat GPT is a prevalent AI technology we have been using for quite some time now. It takes text-based prompts as inputs and produces output in images, text, video, and much more.

    When integrated with business applications, AI can help to extend the capabilities of systems.

    Some specific use cases of this are when AI can automatically generate product descriptions, summarize videos and long blog posts, and send an automated answer to customer support queries.

    Use cases

    AI has many practical applications on the consumer-facing end.

    According to Oracle, many AI products are not products at all. They are specific functions and features integrated into applications like Enterprise resource planning (ERP), logistics, accounting, human resources management, and others.

    Generative AI technology, though diverse, shares a common purpose- to help humans complete certain tasks more efficiently and solve problems using their own set of unique capabilities.

    We have listed some industry-specific use cases listed below:

    1. Retail
      A retailer needs to maintain proper inventory levels in stores to avoid the situation of stockouts.

      AI can help retail owners build a more proactive dataset that informs them of the restocking capacity according to the sales of certain items which helps the store redirect their promotions to other products.
    2. Hospitality Services
      Generative AI can be leveraged to enhance the complaint redressal speed of hotel chains to ensure guest satisfaction and better reviews and feedback leading to more business. They can advise hotel managers to predict certain complaints and resolve them.
    3. Customer Service Helplines
      Any call center manager aims to deliver an enhanced customer experience. But a call center can be a busy place bustling with calls and impatient customers waiting to get their queries addressed.

      Generative AI can act as an assistant for agents and display relevant on-screen information such as customer details. Moreover, AI can understand many common questions to enhance the quality of complaint redressal.

      AI can also assess call quality and help agents measure customer satisfaction.
    4. Healthcare
      Generative AI can help to analyze lab results, interpret test reports such as X-rays and CT scans, and help doctors identify problematic areas considering the latest research. It can even summarize transcripts.

      Medical practice can transform the patient’s experience as human-centric with the help of generative AI can aid cost-reduction, improve earnings, and help patients receive better treatment faster.
    5. Financial Services
      Banks are increasingly becoming aware of the need to eliminate fraudulent activities in a bank’s retail operations.

      Generative AI can act as a bridge for fraud detection and combine multiple strategies such as document verification, assessing transaction information, and much more to calculate the statistical risk of fraud in each transaction within seconds.

    Realize expansive growth with Oracle AI

    Your complete AI strategy is just a click away.

    About Astute

    Astute Business Solutions has been an Oracle partner since 2007. Our partnership with Oracle gave us a competitive edge and leverage to learn about new and evolving technologies more deeply.

    We provide a bunch of value-packed Oracle offerings and one of them is assistance with Oracle AI services.

    Should you need assistance with envisioning the role of AI in your working infrastructure or developing a strategy to maximize its returns, contact Astute Business Solutions.

    See The Team In Action

    Upcoming Events

    In-person
    Be-a-part-of-Alliance-24
    March 3, 2024
    08:00 AM ET
    • All
    • Heug

    Be a part of Alliance 24!

    Be a part of Alliance 24!

    March 3, 2024
    08:00 AM ET

    Description

    Come say hi to us at booth #829, in Solution Center, near the Solutions Theater. Play exciting games with us and attend our workshops and sessions for valuable insights.

    Event Type

    In-person

    Event Subject

    HEUG

    Event Audience

    All

    Speakers

    Joe_Finlinson-new-250x250
    Joe Finlinson
    In-person
    cisoa-event
    March 18, 2024
    08:00 AM ET
    • All
    • Higher-education

    CISOA Technological Summit 2024

    CISOA Technological Summit 2024

    Where Innovation Meets Technology

    March 18, 2024
    08:00 AM ET

    Description

    The CISOA Technological Summit attracts IT professionals and representatives from over 500+ Community Colleges of California. It aims to bridge communication gaps between all stakeholders involved. It also helps to promote all members of the community towards professional growth and development.

    Event Type

    In-person

    Event Subject

    Higher-education

    Event Audience

    All

    Reach Out

    Ready to Connect?

    Please fill the following form, we will get back to you within a business day.

    Contact Form

    Contact Us

    Schedule an
    Appointment Now

    Meet with an Astute expert today, we would love to help you think about your enterprise applications, and how the cloud can deliver greater value to your customers.