{"id":675,"date":"2017-10-18T13:39:14","date_gmt":"2017-10-18T13:39:14","guid":{"rendered":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/industry\/2017\/10\/18\/grow-your-business-with-microsoft-ai\/"},"modified":"2018-10-15T21:03:40","modified_gmt":"2018-10-15T21:03:40","slug":"grow-your-business-with-microsoft-ai","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/10\/18\/grow-your-business-with-microsoft-ai\/","title":{"rendered":"Grow your business with Microsoft AI"},"content":{"rendered":"
The age of intelligence is here. Artificial Intelligence (AI) has the power to augment human ingenuity and extend our capabilities, helping us achieve significantly more.\u00a0 When made accessible to everyone, AI is transforming industries, making us more productive, and helping solve society\u2019s biggest challenges.\u00a0 This intelligent technology is already improving our lives today and promises to change the world tomorrow in ways unimaginable to us now.<\/p>\n
Over the years, some aspects have significantly helped AI cross that chasm and go mainstream across all industries:<\/p>\n
A recent McKinsey research study<\/a>\u00a0states that companies with these advanced digital capabilities across assets, operations, and workforces grow revenue and market shares faster than peers. They improve profit margins three times more rapidly than average and, often have been the fastest innovators and the disruptors in their sectors\u2014and in some cases beyond them.<\/p>\n Microsoft has been advancing in the areas of artificial intelligence for past two decades \u2014 and this vision is coming to life with new chatbot Zo, Cortana Devices SDK and Skills Kit<\/a> , and expansion of intelligence tools.<\/p>\n As Microsoft CEO Satya Nadella calls AI the\u00a0“ultimate breakthrough” in technology\u2014our vision is to<\/a> build systems that have true artificial intelligence across agents, applications, services and infrastructure.<\/p>\n The top three benefits emerging across multiple industries and use cases, as well as a glimpse into how we are very committed to simplifying the development of AI systems, are highlighted below:<\/p>\n At Microsoft, we are investing in AI and machine learning and making it the core of our strategy. Businesses leveraging this technology are magnifying the benefits many-fold<\/a>. Predictive analytics has helped Rolls-Royce optimize airplane engine performance significantly. Rolls-Royce applied the predictive analytics capabilities of Cortana Intelligence Suite<\/a> and Azure IoT Suite<\/a> to access massive data from diverse sources to more than 13,000 engines for commercial aircraft in service around the world. This helped them not only reduce fuel consumption and minimize maintenance costs, but also improve the customer experience. With highly scalable and sophisticated data analytics services built on the Azure platform, Rolls-Royce\u2019s plan to use Microsoft\u2019s advanced data analytics capabilities to improve the reliability and efficiency of air travel has already taken off.<\/p>\n Besides, let\u2019s not restrict AI only for sales, marketing, and services. Finance, for example, can immediately follow-up when sales closes an opportunity, or HR can better work with departments on peer reviews and talent acquisition. Just think: if you could increase the productivity of every department, you could grow your business that much faster. \u00a0So, let\u2019s embrace the growth that AI, cloud computing and machine learning can bring as powerful tools to help transform the world.<\/p>\n What to learn more? Learn more on how Microsoft helps companies use big data, cloud and AI to accelerate digital transformation <\/a>.<\/p>\n\n
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