AI Apps and Software Can Make Your Business Successful
AI-infused apps and software solutions are all the rage, but is this trend just hype? A recent article published by Product School, reports that AI features result in an increased revenue of 3.5x in average return on every dollar invested in AI features, and an 18% increased market share when companies use AI, as well as 18% better user experience (UX) and increased stickiness and customer satisfaction. The Product School Report on AI-infused use cases and industry immersion reveals impressive success and results for renowned businesses such as Sephora, Amazon and Netflix, as well as Tesla, Boeing, Google, Hilton and others.
‘Choosing the right AI development tools, the right project and development strategy and the right AI IT consultant will ensure that your goals and objectives are met, and that your project is completed quickly and effectively.’
If your business is considering the integration of artificial intelligence (AI) within its new software product or app, there are two primary benefits inherent in this strategy:
The Use of AI in the Software Development Process – Using AI to develop your software product or app can streamline the development process, provide cost savings in the project lifecycle and speed the development process. Developers can focus on strategic and complex factors within the project lifecycle, allowing AI to generate code, detect bugs, and automate testing, and handle routine project management tasks. AI development tools like GitHub Copilot, IBM Bob and Claude enable professional developers to manage standard tasks using sophisticated tools, and to monitor, manage and move the project along more quickly.
The Use of AI in Customer and User-Facing Software – Integrating AI within business applications and consumer apps and software allows users to quickly and easily compete tasks, understand options and make selections. Today, AI is being used in market research, and to analyze large volumes of data to make better, swifter decisions. AI allows cybersecurity risk assessment by quickly analyzing patterns and identifying threats. It can manage routine tasks like data entry, responding with targeted messages to customers, and scheduling meetings, appointments, maintenance, etc. AI-infused software can automate resume screening and schedule interviews for HR staff, and it can analyze customer preferences and buying behaviors to further personalize products, system responses and product recommendations. Additionally, these tools can complete tasks to address customer ratings, setting credit limits, establishing lead qualification rankings, identifying cross-selling and upselling opportunities, and generating feedback for customer support calls.
AI-infused apps and software provides many benefits beyond the use of advanced technology. Used appropriately, it can provide a strategic tool to enhance business competition and market reach, and ensure that products get to market more quickly and effectively. It can help a business to improve customer satisfaction and retention, and provide new opportunities for features and functionality that will set your business apart from competitors.
When you engage an experienced IT consultant, you can establish a strategic approach for the use of AI within the software development lifecycle and within the apps and software you plan to use within your business or the apps you plan to offer to consumers and customers. Many AI tools are free to use, but it is crucial that your development team have a breadth and depth of understanding in how to use these tools and how to integrate the features and functionality into the apps and software you plan to launch, so that they are used appropriately and monitored and managed in a comprehensive data governance environment.
Choosing the right AI development tools, the right project and development strategy and the right AI IT consultant will ensure that your goals and objectives are met, and that your project is completed quickly and effectively.
‘AI-infused apps and software provides many benefits beyond the use of advanced technology. Used appropriately, it can provide a strategic tool to enhance business competition and market reach, and ensure that products get to market more quickly and effectively.’
Contact Us to find out how you can leverage AI Technologies to build and launch a new app or software product to support your business initiatives. Our team is experienced and skilled in AI-infused application development and cutting-edge technologies.
