By: Vishal Barapatre, Group CTO at In2IT Technologies
With the rapid proliferation of internet and smart devices, enterprises have become empowered in terms of harnessing the potential of machine to machine and machine to human based interactions. At present, millions of devices can be connected to Internet and people can store, access and share data across various storage platforms such as Cloud. Machine Learning has become a powerful tool for enterprises to provide its customers a seamless delivery of products and services at a faster rate than ever before.
Faster decision making process
Internet of Things (IoT) and Machine Learning have paved new ways for enterprises to take decisions faster as they are equipped with enhanced machines which provide quality results with accuracy in a short span of time. It further allows businesses to understand and analyse their exact requirements which, in turn leads to a faster decision making process.
Improved operational efficiency
With increasing automation and machine intelligence, enterprises are better able to adapt to changing market trends while staying ahead of the curve. Also, machines have become so advanced that businesses can rely upon the results they generate to a huge extent. Businesses are able to cater to the growing demands of large number of customers with rapid delivery of high standard products and services due to improved operational efficiency and talented workforce.
Human Resource (HR) empowerment
Machine Intelligence has not only improved operational efficiency but it has also empowered the skilled manpower of enterprises while serving as a great tool to get their tasks done with more efficiency. Enterprises have embraced technology to support their HR teams with adequate IT infrastructure that best addresses the exact requirements of fast-paced growing businesses.
When it comes to data, enterprises don’t compromise with the right kind of technology platforms that best manages their most important asset. Data is vital to every organization and so its safe and secure storage. With growing number of cyber crimes globally, enterprises have become more concerned about large sets of data known as Big Data which is growing exponentially. Key and niche IT industry players have come up with highly reliable and secure big data storage platforms for enterprises to effectively store, access, manage, and transfer large data sets on-premise and off-premise. With 24*7 customer support service, and technology assistance, IT vendors have served as a great helping hand for businesses to grow in leaps in bounds.
Operational Cost Reduction
Machines and manpower together have transformed the workplace that subsequently allows business leaders to create a balance between the two. The idea of sharing the human burden with machines results into increasing productivity and reducing costs of business operations. Businesses create a value among customers by providing them cutting-edge products and services at reduced costs.
Enterprises can walk extra miles while leveraging the combined potential of manpower and machines to enable seamless business operations across the globe. Apart from that, right technology infrastructure is the key for enterprises to meet the growing demands of millennial customers as well as employees.