There is no doubt that all companies aim to increase their overall performance and boost their revenues, no matter if they sell dairy products, second-hand furniture, or petroleum products.
AI has become a massive buzzword over the last few years, and part of the reason for this is its increasing utilization by the most powerful corporations on the planet. We’ve already shown how it can greatly impact some of the key processes within your business and how some companies are already offering consulting services on the adoption of AI.
In December 2020, the Performance Magazine editorial team interviewed Fabian Stigler, Industrial Engineer working as a Performance Analyst at IQ Intelligentes Ingenieurmanagement GmbH, Germany, and a former Business Intelligence Specialist for the BMW Group, on behalf of an engineering service provider.
One of the most important key factors I have experienced during my work in this area is the commitment of all the people involved in the implementation and use of KPIs.
As artificial intelligence continues to expand its role in modern commerce, there are three aspects of AI that are proving particularly important. In this article, we will examine process automation, cognitive insight, and cognitive engagement, and how they relate to the world of business.
Companies today are focused on delivering the best products and services to their customers. Achieving the expected results should start from setting realistic goals.