AI Business Use Cases

Since everyone’s on the AI bandwagon, I thought we could go over some real life business use-cases. You would hope that the business side would ask these types of questions, but I believe that IT has a responsibility in educating the business side in what kind of questions are appropriate to ask IT for. For example, sales can and should ask, “what happens if we increase the price of these products? Do we believe that the number of sales will be the same or are we going to drop?” That’s a great question and with a proper AI model, IT can help answer it.

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AI Business Use Cases - Dino Cajic

It’s difficult to understand what to ask, so lets go through a few use cases that you can start to use in your business.

1. AI algorithms can analyze customer data to understand their preferences, behaviors, and purchase history, and then create personalized marketing campaigns for them.
2. Chatbots and virtual assistants powered by AI can handle customer inquiries and support requests 24/7, providing a quick and efficient response to customer needs.