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Is AI the new standard in Marketing Automation?
In all honesty, your business needs Marketing Automation if you are determined to survive this digital era. It makes sense that marketers welcome the change with open arms.
This technology of computers performing tasks that typically require human intelligence has been there since decennia. With the launch of AI became available for the larger community and made it better accessible for the mass market. Let us explore how you can use AI to revolutionize your business’ efficiency and quality, reduce costs, and leverage any of the other benefits the technology brings. This article is the first in a series covering diverse topics related to AI.
Alan Turing is said to be the godfather of AI. He produced the idea of intelligent machines back in the fifties and designed the chess computer Turochamp. However, computers were not strong enough back then, not yet able to make connections or apply smart techniques. It took until 1997 to beat the famous chess player Garry Kasparov. In 2016, the computer AlphaGo defeat a Go world champion. This was a milestone for AI, as Go is known as the most challenging classical game for artificial intelligence due to its complexity.
Generative AI systems rely on Large Language Models (LLM), designed for understanding and generating content. It will boost workers' performance and is the “Co-Pilot” of every employee. It can generate new texts, images or even a complete Power BI dashboard, using the data you provide as input. The outcome is just as good as the input is. You need to make sure to specifically ask what you need. Garbage in is garbage out. We will dive deeper into writing good prompts in a later article.
Selecting the right approach (machine learning may be sufficient) and model for your task is crucial. Some models are more focused on text, while others are more focused on images. Thereby each AI solution has its own strengths and weaknesses depending on the purpose you want to use it for.
Training AI algorithms requires enormous amounts of high-quality data. An IOT (Internet of Things) platform such as PTC ThingWorx, PTC’s platform focusing on the Internet of Things (IoT), can be a source of data. But ERP (Enterprise Resource Planning) systems with a lot of historical data can be a reliable source as well. It all depends on the use case you want to optimize/automate with AI.
Let us start with another example. You are a developer who wants to develop an app. You start from nothing by drafting a basic layout and adding logic to your form. How long does that take you? Image being able to ask AI: “Create an app to add my expenses. I need to be able to add the amount spent, link it to a project, and add a picture of my payment receipt.” In response to this prompt, Copilot in Power Platform draws a basic form with the necessary fields. It might not be perfect, but that is where you come in. The dull work has already been done and now you can tweak it to make it top notch!
That is precisely what Microsoft aims to do - empower you. Microsoft Dynamics 365 Copilot gives you a head start with its AI-powered digital assistant. It allows you to work more efficiently, be creative, and focus on true added value.
Drawing parallels to the revolutionary impact of the steam engine during the Industrial Revolution, this innovation symbolizes the subsequent powerful advance towards heightened productivity.
Note that not all Copilot solutions are available in all regions.
We experimented with incoming emails for customer support. A customer complains about an appliance that broke down.
A shortlist of actions that AI can now take care of:
Curious about an early preview with one of our customers?
Azure AI is Microsoft’s portfolio of artificial intelligence services designed for developers and data scientists. This way, it is possible to build and deploy your own AI solutions using their models. The speed at which Azure AI gathers information and speeds up line work is dazzling.
Chatbots are best known by the larger public. Bing Chat and ChatGPT both use OpenAI’s language models. However, there is a significant difference as the latter saves chat history to further train its models. That being said, a data leak is never far off.
You should not dive into AI just because it sounds cool. It is important to evaluate what use case is relevant to you and to prioritize. First, master your processes to see where the added value of AI could be. All tools come with a price. As always, it is important to compare the cost to the potential efficiency gains.
The world of AI holds immense promise for businesses willing to harness its capabilities. From revolutionizing processes to enhancing customer service, the potential applications are vast. By understanding the different AI systems, leveraging data, and choosing the right tools, businesses can unlock the full potential of AI and drive sustainable growth in today's competitive landscape.
Stay tuned for more articles in this series as we delve deeper into the exciting realm of Artificial Intelligence.