Applying AI to Current Products

Applying AI to Current Products

April 12, 2023 by investor

Applying AI to Current Product

AI can be applied to your current products.

Here are some benefits of integrating AI with your product line:

Add new capabilities to the existing product.

This could be a better analysis of the information coming out of the product.

Reduce costs.

AI capabilities could replace more expensive search algorithms.

Improve the performance of the product.

AI can provide better results at a faster rate.

Promote ‘AI-enabled’ as a way of building the product brand.

Add recommendation features to the product.

Recommendations guide the customer on how to work with the product. 

This provides the customer with a better experience.

Enhance data analytics from the product.

Many products provide data that can be mined for insights and monetization.

AI can analyze the data and provide new insights to the customer.

Add more intelligence to the product.

By combining AI and data sets, the product can bring better results to the customer.

Consider these opportunities in adding AI to your product line.

 

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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.

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