Businesses today are facing the toughest challenges across the world. Most of the countries are encouraging entrepreneurship and creating a favourable business environment for investors. The advancement in technology has caused a lot of sprains on small and medium enterprises. The SMEs are in heavy competition against the large corporations that have the capacity to eat of the market pie.
Especially the latest and the most promising AI technology is what the large corporations around the world are eyeing for to stay efficient and win the competition. However, AI technology has always been expensive and mostly out of reach for small and medium businesses.
Enter ONPASSIVE, a unicorn AI technology company that is dedicated to providing cutting edge AI technology products to the world. Mainly, it focuses on enabling small and medium enterprises to adopt AI in their operations and stand up against the massive competition offered by large companies.
The companies that already have adopted AI to analyze business data to empower and outrun the competition are successful in gaining market share and cutting costs. However, only 20% of the companies are using AI for their data because the technology is rather elusive and inaccessible to smaller organizations.
The tide of the cut-throat competition is high. Businesses are hardly making their ends meet and are eventually giving up on achieving the goals they set out to attain initially. This trend is bad for the global economy because organizations going bust because of the powerful competition is against the laissez-faire concept. After all, the companies are intentionally rooting out the smaller companies out of the competition.
To empower all the lesser-known organizations to win the battle of business and keep thriving, ONPASSIVE is offering its newly developed and cutting-edge AI platform to automate the operations holistically. In a way, your enterprises are converted into an income-generating machine that will offer consistent yet exponentially growing wealth to the owners like you.
Understanding the value of data
Data is the fuel for technology to operate and deliver efficient results that make your business outstandingly successful. Therefore, whatever data your business keeps or generates as a result of its daily operations must not be looked down upon. We would like to repeat that data is the new oil, at the cost of sound redundant.
However, we can still witness that several small and medium businesses are not taking data seriously. They’re mainly focused on improving their sales and running their operations to generate their regular income. However, in the next two years, the competition will bust you and deny you of your income stream.
Nevertheless, sophisticated AI technology is here to help you survive and thrive. The vast amount of data generated from your daily transactions and other functions need not be deleted. But, it can be used to analyze for reaping business insights to power your enterprise to function better. Not just the internal data, but the AI platform also crawls through the internet and analyzes data of all the competitors and give you an outline for your business to move forward.
Business process transformation
The cornerstone of innovation is AI today. It is composed of machine learning, deep learning, neuro-linguistic programming that will understand the business processes. Once the algorithms comprehend the processes, they will be able to operate as the function would be performed with a human mind. Over a period of automation, the AI system will be able to evolve and better itself. ONPASSIVE offers the bouquet of AI technologies as a platform. The system is used by GoFounders to create new enterprises and operate them independently.
The autonomously run businesses will generate a consistent and exponentially growing revenue for their life without manual intervention or supervision. GoFounders system takes care of all the business functions such as inception, marketing, sales, operations, customer support, and engagement.
A collaborative AI platform
The AI platform is used by GoFounders, which is a leadership network organization that creates innovative businesses. The leaders of GoFounders use the comprehensive AI platform that is rich with smart business tools. The system will analyze the data from aa business’s CRM and ERP. The data from CRM and ERM is leveraged to find new business opportunities, increase upsells, predict sales revenue, provide effective customer engagement, and rapidly increase their revenue.
With improved efficiency and revenue generation capacity, it allows the business owners to spend the rest of their life innovating and nurturing newer businesses, while not worrying about operating and generating an income stream.
Sales and marketing with data
The AI platform studies the customer data and arrives at significant recommendations which are again implemented by the system automatically to reap more benefits. The historical sales and marketing data are deeply analyzed by the AI algorithms and helps you with an effective marketing strategy along with its associated factors such as the projected results, cost for implementation, and the resources required.
The real-time information acquired is then used by the system to generate a favourable outcome for your business. It simply translates to higher profitability and increased efficiency.
Sales processes need to be streamlined
ONPASSIVE’s AI system that is used by GoFounders review organization allows them to streamline their sales processes and completely automate them for marketing, lead generation, and sales conversions. The same system can be implemented for your business, and you can automate your entire sales and marketing processes. You can sit back and relax, while the automated sales process will convert leads into customers and adds money into your bank account.
Improve cash flow
When the AI system allows your business to be run on autopilot mode, your cash flow will be significantly improved. The streamlined business processes will significantly improve more your revenue generation and profitability by reducing resource wastages. The AI-based system will transact with your customers more efficiently and ensure cash flow to your account to be consistently increasing.
With the power of AI and data, you have now seen how your business can be boosted at rocket speed. The improved speed of your enterprise will bring more cash into your business and enable you to expand into different areas and potential markets. Therefore, it is imperative for us to realize that small and medium enterprises will be pushed out by large corporations if we don’t implement AI and make use of the data.
Image Credit: https://www.shutterstock.com/nl/g/jimbophotoart
How Can Technology Help Fight the COVID-19 Pandemic?
As the COVID-19 pandemic continues unfolding, technology solutions and government initiatives are multiplying to help monitor and control the virus’s journey. Their aid includes reducing the load on the health system and reinforcing the efforts of overworking and burned-out healthcare workers.
While smart technologies cannot replace or compensate public institution measures, they do play a crucial role in emergency responses. Let’s take a look at the promising use cases of how technology can help fight the novel coronavirus outbreak.
Technologies Used for Good
People tend to think of technology as a heartless machine, which is true, but only until it’s used for good. Just look at all the wonderful things we’ve managed to do with its help.
Telemedicine is gaining traction by offering remote patient monitoring and interactive remote doctor’s visits. At the same time, 3D printing and open-source solutions are facilitating the production of more affordable face masks, ventilators, and breathing filters as well as optimizing the supply of the medical equipment. Even more, the pandemic has driven scientists to desperate measures. They are now experimenting with gene editing, synthetic biology, and nanotechnology to develop and test vaccines faster than ever in the history of humanity.
Smart technologies like the Internet of things (IoT), big data, and artificial intelligence (AI) are being massively adopted to help track the disease spread and contagion, manage insurance payments, uphold medical supply chains, and enforce restrictive measures. Let’s go step by step to see how IoT, AI, big data, and mobile solutions are actually enhancing medical care.
IoT for Smart Patient Care Management and Home Automation
IoT has already found its use among healthcare providers. Today, connected patient imaging, health devices or applications, worker solutions, and ambulance programs are being adopted globally. But COVID-19 made the technology take on new applications to help the world combat the epidemic. Tracking quarantine, pre-screening and diagnosing, cleaning and disinfecting, innovative usage of drones, reducing in-home infections, are all “new normals” thanks to IoT.
For example, an American health technology company Kinsa creates smart thermometers that screen and aggregate people’s temperature and symptoms data in real-time. Having gathered data from over one million connected thermometers, Kinsa rolled out its US HealthWeather™ Map.
The map is updated daily, highlighting how severely the population is being affected by influenza-like illness (ILI). This real-time information helps health authorities see an increase. In fevers as early indicators of the community spread of COVID-19 to streamline the allocation of health resources. These areas are marked in the “Atypical” mode of the map.
To slow down the spread of COVID-19, a team of Seattle engineers created Immutouch, a smart wristband vibrating every time a person wearing it tries to touch their face.
Smart speakers, lights, and security systems are being used to open doors and switch on lights to reduce in-home infections. These gadgets allow people to avoid touching the surfaces of doorknobs, switches, mail, packages, or anything that could easily spread germs.
The Role of Big Data in Fighting Coronavirus
Tapping into big data is a must to develop real-time forecasts and arm healthcare professionals with a profound database to help with decision-making.
IBM Clinical Development system is an advanced Electronic Data Capture (EDC) platform that allows an accelerated delivery of medications to market and reduces the time and cost of clinical trials thanks to cognitive computing, patient data assets, and IoT. Additionally, the U.S. government had been in active talks with Facebook, Google, and others to determine how to use location data to glean insights for combating the COVID-19 pandemic.
Could Mobile Apps be Used to Control the Pandemic?
The COVID-19 pandemic has become a game-changer for the healthcare continuum. Today’s mobile apps are on guard to help patients receive online therapy, at-home testing, conclude self-checks, and improve mental well-being. Thanks to smartphone apps, it is now possible to trace the virus’s journey and help limit its spread.
Apple COVID-19, for instance, was created in partnership with the Centers for Disease Control and Prevention (CDC), the White House, and the Federal Emergency Management Agency (FEMA). The application contains vital and relevant information from trusted sources on the coronavirus pandemic: hand hygiene practices, social distancing FAQs, quarantine guidelines, self-checking tutorials, tips on cleaning, and disinfecting surfaces. On top of that, it has a screening tool that advises people on what to do when a person has COVID-19 symptoms, has just returned from abroad, or has come in close contact with someone who might be infected with the disease.
Meanwhile, health authorities in Abu Dhabi have created the TraceCovid app for Bluetooth-enabled smartphones to minimize the spread of the disease. The service allows tracing individuals who have come into proximity with a person tested positive for COVID-19. Thanks to it, medical professionals сan react faster and render the necessary healthcare. Germany, in turn, is going to roll out a smartphone app, which will use Bluetooth to alert people if they are close to someone with the confirmed viral infection.
Telemedicine has also proved to be an efficient tool for flattening the curve. The Sheba Medical Centre, the largest Israeli hospital, launched a telehealth program for remote patient-monitoring to control the pandemic spread. Doctolib, a Franco-German company, Qare (France), Livi (Sweden), Push Doctor (the UK), Compugroup Medical (Germany) are offering virtual doctors too.
Using AI to Identify, Track and Forecast Outbreaks
Artificial intelligence-powered by natural language processing (NLP) and location monitoring is crucial for identifying, tracking, and scanning outbreaks, predicting hotspots and helping make better decisions.
For example, Microsoft collaborated with the U.S. Centers for Disease Control and Prevention (CDC) to create an AI-based COVID-19 Assessment bot to treat patients more effectively and allocate limited resources. The bot, nicknamed Clara, can evaluate symptoms, advice on the next steps to take and track users who need urgent care the most.
The Canadian startup BlueDot has applied AI to spot and track the spread of COVID-19 and predict outbreaks, and the Japanese company Bespoke rolled out Bebot, an AI-powered chatbot that was developed specifically for travelers. This mobile app informs and assists them with coronavirus-related questions as they move about.
There’s no doubt that the coronavirus pandemic has become a real-life test for everyone. It has caused tremendous damage, but at the same time, it has forced tech innovators to roll out advanced solutions, and it seems that they don’t plan on slowing down anytime soon.
Healthcare providers across the globe are continually switching to smart technologies. So if you are in the smart technology niche, consider the current trends to steer your business in the right direction.
Chatbots and Intelligent Automation Solutions Paving the Way towards Seamless Business Continuity
Frequent business disruptions in the form of storms, pandemics, lockdowns, etc., pose risk to seamless operations and revenue generation in service industries. One day of operation disruption leads to losses worth millions. Semi-automation is not able to stop the cascading business effects of an unprecedented business disruption. Services such as banks, financial services, insurance, healthcare, information technology services, etc., cannot afford the risk of downtime. Chatbots powered by Intelligent Automation is that indispensable solution in the omni-channel customer interface that keeps the business moving 24×7 even in the face of a major business disruption such as long prevailing pandemic.
How do Intelligent Automation powered Chat-bots offer seamless business continuity?
Chatbots engage diverse skill sets such as Robotic Process Automation (RPA) and Artificial Intelligence (AI) / Machine Learning (ML), in short Intelligent Automation, and offer a lifeline to the service industry businesses. Chatbots are located on the key pages of a business website or social media pages of the business, and can be accessed by customers and prospects round the clock in different international languages. They augment the services of the regular service desk and helps tide over most emergency situations.
Chatbots can handle complex queries and the functioning depends on training data set and the streamlined data in the CRM database. All chatbot interactions can be further cleaned and stored in the CRM and analysed. Based on these interactions at different stages of the customer journey, the chatbots can make intelligent suggestions to the customer during the subsequent customer interaction.
The chatbots offer tremendous business benefits. The responses are highly accurate and relevant and have a minuscule turnaround time. The on time responses right from order booking to bill payment while taking care of customer preference ensures high productivity and thereby generates high revenue even when a business executive is not able to interact directly with a customer.
Chatbot solution powered by Intelligent Automation is that indispensable tool in the omni-channel customer service desk of a service industry business. It helps to keep the business up and running even when customer executives are not able to interact directly with the customer due to unprecedented business disruptions. Chatbot solutions thereby enable businesses to stay up and functioning at all times in a 24x7x365 scenario.
Image Credit: https://www.freepik.com/yanalya
How Hazelcast hopes to make digital transformation mainstream
Commentary: Even as the coronavirus pandemic has hastened digital transformation efforts, success remains elusive for many companies. This one-stop shop to digital transformation might help.
It’s no secret that, as CircleCI CEO Jim Rose put it, “The pandemic has compressed the time[line]” for digital transformation. What is perhaps surprising is just how broad and deep that transformation is spreading. In an interview with Hazelcast chief product officer David Brimley, he stressed that while Fortune 500 e-commerce and finance companies have historically paid the bills for Hazelcast, provider of an open source in-memory data grid (IMDG), mid-sized enterprises “are coming to us and saying, we want to start digitizing and [adding digital] channels for our business.”
How they get there, and how fast, is the question.
SEE: Digital transformation road map (free PDF) (TechRepublic)
A one-stop shop to digital transformation
As keen as companies are to move workloads to the cloud to facilitate digital transformation, not all companies are alike in their readiness, Brimley said. In particular, these mid-sized enterprises may lack the personnel or other resources to push aggressively into the cloud, whatever their intentions. As such, he said, many companies are trying to figure out “the quickest way I can get the applications and hardware I’ve got today in my own data centers and add a digital channel on the top of it as quickly as I can.”
No PhD in Computer Geekery required.
SEE: Special report: Prepare for serverless computing (free PDF) (TechRepublic)
By pairing Hazelcast IMDG for distributed coordination and in-memory data storage with Hazelcast Jet for building streaming data pipelines, Brimley said, organizations can build digital integration hubs without having the technical chops of a Netflix or Facebook. “There are a lot of companies that can’t make head nor tail of this plethora of Cloud Native Computing Foundation products [Kubernetes, Envy, Fluentd, etc.], and they just want to stand up a Java process, have it clustered together, have some way of running their ‘microservices’ on this Java cluster, and off they go.”
Once, a company (and open source project) like Hazelcast would have had to pitch themselves to banks and credit card companies for low-latency, high-performance distributed systems; these were the types of organizations that valued IMDGs. Today, however, such concerns span a much broader range of companies, particularly with this crushing need to achieve digital transformation.
For Brimley and Hazelcast, they’re not pitching themselves as a database or any particular technology. Even the IMDG label might not fit particularly well. After all, the company isn’t positioning itself as about technology, per se, but rather about solving business problems; about how developers can use Hazelcast to capture “interesting new architectural patterns,” in Brimley’s words. It’s taking on the “I need to embrace an event-driven architecture crowd,” and not selling a data cache or, yes, not even an in-memory data grid.
Disclosure: I work for AWS, but these are my views and don’t reflect those of my employer.
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