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Technology That Makes Businesses More Efficient

Editor's Note: Take a look at our featured best practice, Digital Transformation: Artificial Intelligence (AI) Strategy (27-slide PowerPoint presentation). The rise of the machines is becoming an impending reality. The Artificial Intelligence (AI) revolution is here. Most businesses are aware of this and see the tremendous potential of AI. This presentation defines AI and explains the 3 basic forms of AI: 1. Assisted Intelligence 2. [read more]

Also, if you are interested in becoming an expert on Digital Transformation, take a look at Flevy's Digital Transformation Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.

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Time is an essential resource for any business; however, there always seems to be a shortage of it.

Utilizing technology to simplify day-to-day processes could be the answer to getting more free hours that can be used on other projects. Using algorithms to quickly and accurately complete tasks can allow managers to direct their time and energy where it’s needed without compromising on standards.

The benefits of automating your daily to-do activities include unwavering accuracy (as computers always maintain a high standard), less pressure, and more disposable time. This adds the apparent benefits of lowering stress levels, improving health, bettering sleep habits, and enhancing general happiness.

Transcription

Transcription can be costly to outsource and timely to undertake yourself. Thankfully, it is possible to save your two most significant assets, money and time, while creating transcriptions through the use of an algorithm.

Automated transcription software makes getting reliable transcripts quick and effortless – from video files, live events, and even training workshops. It works by creating a draft with an automated system (which is immediately available). This document is then proofread and corrected for over 99% accuracy and returned within four hours.

Social Media Interaction

Social media management can eat into a large proportion of the working day if followers are regularly engaging with the brand. Often the desire not to discourage a social movement overtakes the need to stay focused.

Automated scheduling and response tools allow managers to release content when and where it’s most effective! You can add message responses, check engagement, and schedule posts, so while you’re waiting for a following, you can keep working where the team need you most.

Data Collection

Getting to know customers is imperative when building a brand. It allows you to target advertisements towards ideal customer groups at the perfect time.

Instead of spending hours trying to get customers to talk to you, set up an automated form and prompt or incentivize users to give their input. By doing this, you’ll also have more time to word questions carefully and adequately analyze the results.

Alternatively, suppose you’re interested in collecting data from customers indirectly, for example, in product sales or link clicks. In that case, it may be a long and daunting task for a human to collect this vast amount of data themselves, but for an automated web scraper, it’s as easy as a mouse click!

Data Backups

Backing up the system you work from is time-consuming and can considerably interrupt your workflow. However, it is essential to protect work and the overall wellbeing of the company.

With software available for easy download, you can schedule updates and backups to occur while you’re out of the office. You can even tell the system how regularly you’d like a backup to be done and it will take care of it for you. This means there will be no need to panic if something unforeseeable does happen to your data.

Time is a precious resource. Automating systems (although initially complicated and potentially costly) will simplify and shorten the day’s to-do list, allowing you to focus on what’s truly important!

36-slide PowerPoint presentation
First, what is RPA? Robotic Process Automation (RPA), also referred to as Robotic Transformation and Robotic Revolution, refers to the emerging form of process automation technology based on software robots and Artificial Intelligence (AI) workers. In traditional automation, core activities [read more]

Want to Achieve Excellence in Digital Transformation?

Gain the knowledge and develop the expertise to become an expert in Digital Transformation. Our frameworks are based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. Click here for full details.

Digital Transformation is being embraced by organizations of all sizes across most industries. In the Digital Age today, technology creates new opportunities and fundamentally transforms businesses in all aspects—operations, business models, strategies. It not only enables the business, but also drives its growth and can be a source of Competitive Advantage.

For many industries, COVID-19 has accelerated the timeline for Digital Transformation Programs by multiple years. Digital Transformation has become a necessity. Now, to survive in the Low Touch Economy—characterized by social distancing and a minimization of in-person activities—organizations must go digital. This includes offering digital solutions for both employees (e.g. Remote Work, Virtual Teams, Enterprise Cloud, etc.) and customers (e.g. E-commerce, Social Media, Mobile Apps, etc.).

Learn about our Digital Transformation Best Practice Frameworks here.

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About Shane Avron

Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.




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