Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Artificial Intelligence
    Editor's Pick (1 - 4 of 8)
    left
    The Right Technology And Reliable Partners; The Business Next Frontier

    Luke O'Brien, CIO, ISS Facility Services Australia & New Zealand

    Conquering Technological Transformation

    David Kennedy, Group CIO, Transaction Services Group

    How to Get to AI-first

    Ani Paul, CIO, ING Australia

    Legal Knowledge Management and the Rise of Artificial Intelligence

    Christopher Zegers, CIO, Lowenstein Sandler LLP

    Building an AI-Based Machine Learning for Global Economics

    Alexander Fleiss, CIO & CEO, Rebellion Research Partners LP

    Changing the tester DNA -From tester to Software Development Engineer in Test (SDET)

    Bernd Bornhausen, Senior Manager QA, TD Insurance [NYSE: TD]

    Booming Digital Healthcare Industry Post-COVID

    Utpal Chakraborty, AI Researcher, Head of Artificial Intelligence at YES Bank

    Winning in the Race of Efficiency: Semi Plug & Play AI Services

    Pooyan Asgari, Chief Data Officer, Domain Group

    right

    AI and Intelligent Process Automation are real and businesses leveraging them

    By Apac CIO Outlook | Wednesday, May 15, 2019
    Tweet

    While scope for application of AI is still being explored these days, there are many examples of businesses which have started to gain real traction behind the scenes by applying AI to automate manual, back-office business processes.

    At some instances, referred to as Intelligent Process Automation (IPA), most of the back-office cases primarily includes manual, document-based workflows such as contract analytics, audit planning and reporting, customer support analysis and automation, assessment and claims analysis. Rather than following simple task-based automation to perform all these cases, there is a requirement of AI-based decision making to augment the workflow.

    In most of the times a lot of AI initiatives that begin as discovery projects without any real business outcome in mind. While implementing AI initiatives to gain real outcomes, enterprises need to consider the following key points.

    Check This Out: Top Artificial Intelligence Companies

    Be realistic about the capabilities of AI

    Many organizations implement  their project by assuming that AI can tell them what the right answer that lies within a large data pool when it comes to unstructured content. In reality, AI is great at finding out what exactly matches to an already defined and desired state by recommending the further steps.

    Make sure to have access for the right data

    For an enterprise, it doesn't necessarily have to be a lot of illustrations to get access for right data, but there is a need for a business to get clear idea about AI initiatives that can give right insights against a larger set of data.

    Ensure a common understanding

    The broad application of AI technology and smart process automation is still in early days. Before an enterprise is going to apply AI to automate business process,  it is important to initiate with a common understanding of the different steps in a process. Use scientific method to identify the traction with different business processes and continue to build on the value to deliver the real business outcomes.

     As many disruptive competitors are employing data-driven decision making and digital approaches to take markets into new directions, most of the existing companies need to increase their capabilities in driving the automation in their business processes to acquire the benefits.

    Few Artificial Intelligence Companies: Ecompex, Fifth Dimension, Splunk

    tag

    Splunk

    Process Automation

    Weekly Brief

    loading
    Top 10 Big Data Solution Companies - 2020
    Top 10 Big Data Consulting/ Service Companies - 2020

    Featured Vendors

    Kogentix

    Boyd Davis, CEO

    Illation

    Dallas Newton, Country Business Manager

    ON THE DECK

    Big Data 2020

    Top Vendors

    Big Data 2019

    Top Vendors

    Big Data 2019

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Four Security Issues in IoT

    Four Security Issues in IoT

    Four Use Cases of AR/VR Technology in Employee Training

    Four Use Cases of AR/VR Technology in Employee Training

    Five Major Trends in Digital Transformation for Businesses

    Five Major Trends in Digital Transformation for Businesses

    How Blockchain Reinvents Regtech

    How Blockchain Reinvents Regtech

    Five AI Technologies to Help Boost Business

    Five AI Technologies to Help Boost Business

    Popular E-Commerce Growth Trends in 2021

    Popular E-Commerce Growth Trends in 2021

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/ai-and-intelligent-process-automation-are-real-and-businesses-leveraging-them-nwid-6358.html