“It is difficult to think of a major industry that AI will not transform. This includes healthcare, education, transportation, retail, communications, and agriculture. There are surprisingly clear paths for AI to make a big difference in all of these industries.” – Andrew Ng, Computer Scientist and Global Leader in AI
Like it or not, artificial intelligence (AI) has arrived, and while industries grapple with what this means in terms of regulations and job replacements, it’s important to remember that it has the potential for incredible business growth. This is true for business communications with AI predicted to enhance customer engagement through a number of key areas. Here’s a look at some of the key trends and predictions being made.
1. Improved international communication
The introduction of AI in business communication will see enhanced video conferencing and employee collaboration tools. This will be achieved through unique features like real-time translation for international conferences; gesture recognition across cultures; as well as automatic transcription for review. In a world of increasing global communication, these features will go a long way in improving cross-continental business relations for more inclusive business.
2. Better virtual meetings
In addition to the cross-cultural communication improvements, AI will improve video quality for virtual meetings and videoconferencing by reducing bandwidth requirements and optimising network performance. This will ensure that your remote business meetings, whether local or international, are much more effective.
3. Real-time language translation
Another way that AI is enhancing international business relations is through more accurate language translation. There is a lot less chance of misunderstanding and crossed wires as AI improves the efficiency of business communication in various organisations. This is great news for global corporations as well as businesses operating in multi-linguistic countries. You can expect a breakdown of language barriers and improved global collaboration in future.
4. Natural Language Processing (NLP)
While NLP has been in existence for a while, AI will continue to improve the accuracy of human language interpretation including voice recognition, speech synthesis, and language translation. This is good news for businesses, as the technology will make interactions with AI systems much more intuitive and natural, enhancing operations overall.
5. Rise of virtual assistants
We’ve all become quite familiar with Amazon’s Alexa, Google Assistant, and Apple’s Siri, you might recall that they weren’t quite as efficient or accurate when they first came out. However, nowadays we incorporate these virtual assistants into our everyday lives, helping us with work and home activities. This is because AI-powered voice interfaces are becoming even more advanced, which is good news for business communication. Integration into the business will allow virtual assistants to perform tasks and retrieve information quickly and efficiently.
6. Data analysis
Data is big business and can hold the key to many business challenges and opportunities. By incorporating AI into business communication, a vast amount of data flowing in and out of the business will be quickly analysed, with valuable insights gained. This can be used to improve your business decision-making, identify your customer preferences, and optimise business operations.
ECN, suppliers of a range of cost-effective voice, data and hosted services, are on top of all the latest trends in business communication! Get in touch with them today to find out about their market-leading voice solutions, business-grade internet access products, and hosted services!