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Investing in intelligent software can automate repetitive tasks, bolster creative output, and boost growth. There are many tools to choose from. A majority of them are free or at a very low cost.
However there is a difference between them. Not all AI tools are created to be equal. Some are more advanced than others, however all offer entrepreneurs a significant benefit. This is why it’s important to be aware of the capabilities of each software before integrating it into your workflows for business.
For instance Natural language processing (NLP)-powered applications like Grammarly can help entrepreneurs improve their writing and suggest phrasing options to improve the readability and tone. This is a fantastic tool for those who write business proposals and presentations as well as other documents to support their startup.
Other AI tools can assist businesses track, analyze and visualize data. For instance, Tableau allows users to create informative visuals and derive insightful insights from their data. This is a huge benefit for startups and small businesses that do not have the resources to employ an analyst for their data.
Chatbots are one of the most useful and fascinating intelligent software tools. This type of artificial intelligence is utilized to automate customer service, answer commonly asked questions, and provide instructions via a voice or text interface. Chatbots are able to significantly cut down on the amount of time and money that is spent on customer support, while improving the quality of the experience for customers.
Utah Jazz’s seat-by seat visualization app is another example of a smart tool. It gives fans the most important revenue metrics and sales metrics per row in the arena. It helps the team maximize ticket sales by enabling them to quickly identify patterns and problems. It’s important to remember that these AI tools are still in the beginning stages of development and require supervision and oversight from a human being to be effective.