Think Ai Corp

  Enterprise Integration   is a key component of digital transformation.   Enterprise Integration   allows companies to scale more rapidly, focus on their core competencies, and increase their speed to market. In this post, we’re going to discuss the  benefits of enterprise integration . Integrating systems and processes across an organization can be a complex process, with many different stakeholders involved. But done right, it can have huge benefits for your business. Let’s take a look at five signs that you need enterprise integration and how it can help your team grow: ACCESS A SINGLE SOURCE OF TRUTH ACROSS YOUR ORGANIZATION A single source of truth is a key benefit of enterprise integration. When all stakeholders have access to the same data, it makes collaboration faster and easier. This is especially true for companies that are scaling rapidly or trying to prioritize different business initiatives by pulling in information from multiple sources at once. ...

  A chatbot is application software powered by artificial intelligence that interacts with humans and answers their queries. Due to its relevance in multiple business segments, chatbots are being extensively used by all kinds of businesses. Modern chatbots are high-end artificial intelligence software created using complex algorithms and machine learning functionalities to perform various conversational tasks without real human help in runtime. Some of the most common use for Chatbots can be in the following fields: Virtual Assistants  – Businesses use chatbots for a variety of cases, such as customer service. An AI chatbot can answer user queries with ease, help users book services, get more information about a specific topic, or buy a product, etc. Using chatbots for these routine tasks allows human agents to focus on more relevant problems resulting in more team efficiency. Predictive Intelligence  – Data and information is the most valuable asset that powers the moder...

Advantages of AI Chatbots Over traditional Customer Service Methods As chatbots become increasingly adopted by businesses, their overall market size is expected to keep growing. Although chatbot technology can be applied to marketing, payments, and service, service-oriented chatbots constitute the bulk of the chatbot market’s revenue. According to  Tidio’s report , by 2023, the chatbot market is estimated to expand to $994 million, representing a yearly rise of approximately $200 million. Furthermore, the compound annual growth rate (CAGR) is currently at around 22%, so this figure is projected to climb to 3 billion dollars by the end of the decade. Additionally,  Juniper Research  predicts that in 2024, consumer spending through chatbots worldwide will be an astonishing $142 billion – a huge increase from 2019’s figure of $2.8 billion. Smaller companies have already adopted chatbots with the help of readily available  third-party customer service bots  that can...

  New technologies designed to simplify human-computer interaction have recently hit the market: chatbots or virtual assistants. In banking, chatbots and virtual assistants are some of the newest technologies that are designed to simplify human-computer interaction. What is a chatbot? A chatbot is an artificial intelligence (AI) program that can simulate a natural language conversation (or chat) with a user via messaging apps, blogs, mobile apps, or by phone. Why are chatbots relevant? One of the most advanced and promising expressions of interaction between humans and machines is also described as a chatbot. However, from a technical point of view, a chatbot reflects only the natural evolution of a Natural Language Processing (NLP) question answering device. One of the most popular examples of natural language processing used in the end-use applications of different businesses is to formulate answers to questions in natural language. What are the uses of chatbots? What is the true...