hile artificial intelligence has been around for many years, deployment has been picking up. Between 2017 and 2018, consulting firm McKinsey & Co. found
For AI to be deployed effectively, it must be focused on a new business problem or unrealized opportunity. To that end, there are several areas of business that the technology is well-suited to address. “Companies that have been around for a long time will have a lot of archaic processes, and they need to be upgraded,” Jyoti says.
“This feature helps organizations optimize early payment discount offers by using ML algorithms to find the right balance between incentivizing customers while ensuring profitability for the seller,” Jyoti says.
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