The impact of the advancement of technology is both good and bad. While it simplify certain processes, it also increase complexity of certain processes or implementation. Significantly, organisations need to apply the right technology to accelerate their progress. In term of decision making, the right one is decision intelligence as according to Gartner. Decision intelligence is useful to various industries and that includes retails, banking and finance, healthcare and energy. This post will help us further understand the contributions of decision intelligence to different industries?
The significance of decision intelligence
In general, decision intelligence empowers organisation to make more informed decision through the combination of multiple AI techniques to process different resources of information or data into various possible outcomes according to parameters defined by the organisation. Decision intelligence had shown promising results to the early adopters such that there are increase in profits and elevation in the sale of AI-driven rebuying.
What are the contributions of decision intelligence to industries?
The business environment today depends heavily on market trends and customer demands. Decision intelligence processes historical data and helps retailers to make the right inventories at the right spot by predicting products with the highest demands.
Decision intelligence provides better solution for medical practitioners. With decision intelligence, they can analyse medical imaging reports more quickly, obtain problem-solving options or suggestion for diagnosis as well as improve results through prioritisation in their case.
Decision intelligence, for example, Athena AI software helps users save energy and cost through automated decision as well as optimises capacity of energy source.
4. Banking and finance
Decision intelligence benefits both banking company and their customers. The application of decision intelligence allows banking companies to analyse customers’ behaviour. This give them opportunities to focus on customising their services and product that better fits the customers’ need. With decision intelligence, customers can be consulted into investing in smarter way by giving them better insight on the outcomes of their investment.
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