Most people believe that the time to buy a BI report automation program is when the number of reports becomes too time consuming for employees to run themselves. Only after they have purchased the product, they realize how to take advantage of many of the same features – BI Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA. Here are some examples.
Using the same scheduling and distribution features that start with BI reports at night and place them in the inboxes of the company’s decision makers, EMPR allows customers to now choose their own pace and billing. This move has changed the way the company works, reduced paperwork, and increased cash flow by 50 percent in less than five months.
Real-time billing based on parameters
Taking the previous idea one step further, service-based organizations that undertake large-scale projects can speed up customer payments by linking the bill-generating process to project milestones.
As is often the case in construction or IT projects on a large scale, customers agree to pay installments when important phases of the project are reached. Unfortunately, this close coordination between project managers and accounting teams requires two groups with very different priorities and focus Qlikview Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA. You can reuse the same data-based capabilities that you see inventory levels here to automatically monitor project points, generate invoices and send them electronically to customers.
Savings and safety
The Cessna aircraft maintenance schedule depended on time, but this process meant that parts were replaced regardless of wear and tear. Cessna knew that she could do better if she switched to a user-based approach, so she linked her equipment database with her information reporting program. This step ensures replacement of the parts only when needed, saving $ 20,000 per year on the maintenance process. In addition, the use-based approach helps to maintain more aircraft in service and has eliminated the need to recruit additional maintenance staff on a regular basis.
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Bilytica #1 Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA benefits and functionality of business intelligence software collect and analyze data constantly to provide useful information for your business. Professionals can generate reports on a variety of data-sets such as expenses, operations processes, personnel and customer service.
There are numerous types of reports that you can create using BI tools. All BI platforms will offer formatted reporting capabilities that collect data for common KPIs. Companies can also generate customized or self-service BI reports, applying the excellent BI images to unique and organization-specific data-sets. If none of these options gives you what you need, users can run an ad hoc report, which the users produce in its entirety, and usually focuses on a very specific KPI that other types of reports can not address.
Another unique benefit of Business Intelligence Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA reports is the relevance of the information. Because the reports contain relevant data collected within their business operations, the companies can act better based on the information contained in the BI reports. In addition, you do not have to be a data scientist to use BI tools, the visualizations of data generated by these tools are easy to understand and explain. In the recent survey of organizations in the market for BI software.
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BI offers Qlikview Consulting services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA reports and analysis, are not they just two words for the same thing? Many people, both inside and outside the software industry, misuse reports and analyzes interchangeably, which is one of the causes of the confusion behind the BA / BI confusion.
The reports are “the process of organizing data in informative summaries to monitor the performance of different areas of a company.” Collect data and deliver it in a digestible format.
The analysis is “the process of exploring data and reports to extract meaningful information, which can be used to better understand and improve business performance.” This function takes the “what” of the data provided by the reports and draws conclusions and perspectives, offering users a “why” and “how”. Basically, the reporting functions present data and the analysis functions interpret the data. Both are crucial characteristics and, in general, the BA and Cognos Consulting Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA will offer them.
A Large amount of data are produced every day. Our inability to process such large volumes of information, even with traditional computer methods, has led to a renewed wave of interest in a technology that has captured the imagination of computer scientists from last 4 decades: artificial intelligence (AI).
This impressive expansion of global investment in AI has been boosted by promising initial benefits in several cutting-edge industries such as retail, electrical services, manufacturing, medical care and education.
Retail
Inventory management has always been one of the most challenging aspects of the retail operation. If a retailer asks for too much of a particular item, the excess of units will remain inactive on its shelves for months; If they do not order enough, they run the risk of losing potential sales. Taking advantage of an AI platform to forecast the needs of its products, a retailer can reduce excess inventory by up to 20% and reduce lost sales by an astonishing 65%.
For e-commerce retailers
AI provides dynamic prices based on the day of the week, current season, time of day, weather, current prices of competitors and more. LatestAI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA allows online retailers to charge each customer the highest possible price they are likely to pay, a fundamental differentiator in an e-commerce space defined by narrow margins.
Manufacturing
Both the R & D department and the manufacturing department are ready for the interruption of the AI. By running test and run scenarios at superhuman speeds, artificial intelligence-based analysis platforms can such as Artificial intelligence solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA help companies simplify the product development process, significantly reducing time to market. As time passes and automation continues to find its way into the major industry, Artificial Intelligence will also play a critical role in minimizing machine downtime and maximizing machine performance through timely preventive maintenance.
Healthcare
There is a great help with AI as this technology has the ability to analyze large datasets at an incredibly fast rate has the potential to revolutionize the healthcare industry as we know it. Everything from diagnosing specific conditions of the patient to stopping the spread of infectious diseases depends on the analysis of patient histories, medical images, epidemiological statistics and more, all of which can be done faster and, with time, more effectively for an AI that for a human being doctor.AI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA help doctors in improvements driven by AI to the accuracy of patient treatments can reduce overall health care costs by up to 9% and increase average life expectancies
We are a privileged generation to live in this era full of technological advances. Gone are the days when almost everything was done manually, and now we live in a time when machines, software, and several automatic processes are evolved to take a lot of work. In this sense, artificial intelligence has a special place in all the advances made today.
Artificial intelligence or AI is nothing more than the science of computers and machines that develop intelligence like humans. In this technology, machines can do some of the simples to complex things that humans need to do on a regular basis. As artificial intelligence systems are used day by day in our daily lives, it is not bad to say that our lives have also advanced with the use of this technology.
The world of AI
A great help for humans
Artificial intelligence systems are efficient enough to reduce human efforts in various areas. AI technology always helps us to perform various productive activities in the industry, many of them are using artificial intelligence to create mechanical slaves that perform various activities on a regular basis. Artificial intelligence applications help to get the job done faster and with accurate results. Chatbots solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA helps Error-free and efficient worlds are the main reasons behind artificial intelligence. In recent years, many sectors have begun to use artificial intelligence technology to reduce human efforts and also to obtain efficient and faster results.
Widely used in banking and financial systems
It is a known fact that banks have numerous day-to-day activities that need to be done accurately. Most activities require a lot of time and effort on the part of employees and, sometimes, there is also the possibility of human error in these activities, so to speak. Some of the jobs that banks and financial institutions handle are investing money in stocks, financial operations, managing various properties, etc.
With the use of Artificial intelligence solutions in Saudi Arabia in these processes institutions can achieve efficient results in a quick response time. Customers are happy at all times, as they can get a fast service for all banking and financial needs.
With the strategic implementation of artificial implementation in the bank which helps them to focus on each client and provide them with rapid resolution.
Importance of AI in medical science
Artificial intelligence has completely changed the way medical science was perceived a few years ago. With the help of Artificial intelligence solutions in Saudi Arabia, medical science was able to create a personal virtual healthcare assistant. There are numerous areas in medical science where AI is used to achieve incredible value.
These are used for research and analysis purposes. There are also many efficient health care bots that are introduced in the field of medicine to provide constant health support-in-riyadh-jeddah-makkah-madinah-khobar-saudi-arabia-ksa to patients. The robots are effective to answer frequently asked questions and also to schedule appointments in rapid succession.
Addition to heavy industries Makes it Perfect
Artificial intelligence is used in the production unit in most large manufacturing companies. The AI system is used to give a specific shape to an object, move objects from one place to another, etc. This application is also used in the management of most companies to perform tasks efficiently with respect to their required time. AI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA is used to store all records of an employee, it helps to deal with the crucial data of the company to stored and can be easily extracted at the right moment of decision making.
Powerful Machine learning algorithms demonstrate value through three ways that can be easily implemented in your business today.
Reveal and optimize processes in ways
Automated learning can effectively help in processing data that has been too complicated or expensive to analyze before. This gives insights into processes that can be improved in new ways.
Predictive maintenance: Use detailed sensor data and algorithms to deter the first real signals of problems in parts or machines. BI Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA this can save huge sums of money compared to changing them on a regular schedule regardless of whether they are worn or not – worse – wait until the parts fail and production stops. These techniques are even used for expensive human assets such as professional athletes.
Text analysis and classification: Machine learning can be used to extract texts and images from electronic documents, and then classify that information so that it can be analyzed more easily than ever before. Microstrategy Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA uses include analysis of insurance claims texts for potential fraud and emotion analysis for customer retention and drug interactions based on research documents and much more.
Process Automation
Machine learning requires a lot of high-quality data. In most enterprises, this is found in current business applications such as finance, logistics and sales. The data in these systems has already been collected, cleaned and stored over a long period of time, so there is a lot of data available to create useful and useful predictive models.
Machine learning works best when there is a precise decision, thousands of times a day, using a few variables, where the errors are obvious and can be corrected quickly to improve the SAP BO Business Objects Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA For example, “Which of these bank payments corresponds to this invoice?” Much easier than “How can we improve lung cancer survival rates over the long term?”
Few Examples of automatable processes:
Classification of transactions for tax compliance
Predict when needed to renew contracts based on use
Forecasting and delays in transit stock delays
Calculate the optimum length of time between actual inventories to ensure their compatibility with automated systems
Direct customer service requests to the most appropriate teams
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Banks are financial institutions that must stay awake 24 hours a day, 7 days a week because financial transactions can also occur at any time of the day; although from the user’s perspective, the real problem is the lack of customer support-in-riyadh-jeddah-makkah-madinah-khobar-saudi-arabia-ksa 24/7. But now, some banks provide customer support-in-riyadh-jeddah-makkah-madinah-khobar-saudi-arabia-ksa with the help of the adoption of Chatbots in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA.
AI is being implemented on a large scale by all companies, large or small, and in the same way, some of the largest banking institutions have also identified the potential of artificial intelligence in banking:
How AI make you Efficient
Understand customer behavior: Understanding your customer is much more than recognizing your basic statistics. AI can do an in-depth analysis of clients’ behavior patterns and financial reports instead of taking a look at key data, for example, age, gender or salary.
AI has improved banks
Banks are becoming more and more focused on the customer, getting to know their customers from closer than ever, with the help of AI. This is the reason why Robo mentors are in great demand these days. AI has improved banks’ understanding of customer knowledge.
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Updating customer behavior, specifically, is one of those territories where AI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSAcan actually be used to track patterns through available information, and design organized data structures that have been beyond our reach yet. This data can, in turn, be used to provide better customer service, process optimization, personalized suggestions and much more for customers.
Incorporation of clients
By knowing the client adequately, AI can help carry out an integrated and assisted incorporation process that will eliminate several steps that clients and banks must follow.
For example, Chatbots with AI feed can be used to quickly understand critical queries that in turn automate frequently recurring queries. This broadens the search for a bank to transmit more on-demand management and support-in-riyadh-jeddah-makkah-madinah-khobar-saudi-arabia-ksas cross-channel. Through the implementation of AI, banks can interact with their potential customers, at an early stage through the process of digital voice assistant, and vice versa, for the client.
Easy risk management
for any bank, the most important thing is to manage the gaps and the risks involved. And with the integration of AI, risk management is practically resolved, because due to its predictive nature, risks can be evaluated, calculated and mitigated before they appear and damage the chain.
Artificial intelligence solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSAis being applied to the detection and prevention of fraud in banking, and several fraud tools are present that can extract data to discover a significant pattern that is basically used by banks. But when using AI, these risks can be minimized and an automated analysis can be performed. Testing such large amounts of data manually without error simply was not possible.
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As the use of artificial intelligence solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA (AI) becomes more and more extensive, we will all have more contact with it in our daily lives, at that point, to plan for the AI to work as we function.
Not all business intelligence programs are created on an equal footing. Sure, there are lots of BI tools with great reporting, analytics, and visual functions. But just because the BI tool works well with one business, does not guarantee that it will have the same effect for another company. This is especially true when you take business size into consideration.
What is Enterprise BI Software?
We discussing here the difference between enterprise BI and self-service BI, we first need to look at what constitutes the Foundation’s program. In essence, they are very basic: programs designed for use in large companies. The goal is to increase productivity and efficiency in a complex project environment.
Best Solutions of Enterprise BI Software:
Only a few business intelligence tools can be categorized as an enterprise BI solution. These are the best among the best – sellers who meet the needs of large organizations looking to increase the effectiveness of their data and gain strong insights into decision making.
Cloudera Enterprise
Cloudera is a unique BI solution, with open source capabilities within its system. They provide a range of Hadoop developers and experts to help companies take full advantage of open source capabilities. In addition, they provide the usual BI functionality of the enterprise, such as data management. Cloudera also includes perimeter data security, error tolerance, automatic backup, and disaster recovery to protect your data.
IBM Cognos BI
IBM Cognos BI is one of the easiest systems to integrate with. For example, Cognos Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA integration with Watson AI integrates predictive analytics with advanced business intelligence features. Similarly, both internal publishing and system cloud deployment are designed to be scalable. Therefore, no matter how many users you start on the platform, you can increase their number without any problems as needed.
SAP BusinessObjects
SAP’s BusinessObjects program describes itself as helping to make companies great in the new Data Age. With its full suite of applications, the prosecution is no longer away. The system does not suffer from a lack of dynamic features, such as custom reports, predictive analytics, business intelligence boards, and mobile applications. Integration with other analytics platforms such as SAP BO Business Objects Consultant in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA Crystal and SAP Lumira will only improve these features so that companies can perform robust analytics.
MicroStrategy Analytics
MicroStrategy Analytics is one of the enterprise’s simple BI learning solutions. This includes drag-and-drop functionality, an untapped aspect of easy-to-learn software. The platform is available on your mobile device as well as your desktop. In addition, Microstrategy Consulting services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA provides intuitive visualization and one-click sharing of your ideas with the program. You can also combine multiple data sources, such as spreadsheets and Hadoop databases, to aggregate all of your analytics.
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Chatbots are often promoted by chatbot developers and technology bloggers as a replacement for customer service agents. They are not. There is still a lot that they can not do, at least for now.
On the other hand, there are also many who claim that chatbots are just a hot trend that will eventually disappear and in which it is not worth investing. The truth is somewhere between these two extremes. Chatbots can be beneficial for your business and, without a doubt, it is worth analyzing them, but you must understand what they can and You can not do it because they can only benefit your brand if you use them in the right way.
Things that your chatbot can do
The best chatbots are those that are programmed to handle a predetermined set of very specific tasks. This allows you to better focus on the programming of a chatbot that can effectively handle those tasks. The first chatbot developers who try to do too much with their chatbots end up with a chatbot that is easily confused and very unhelpful. Let the advanced development of artificial intelligence chatbot in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA for the technological giants and let your chatbot adhere to simple tasks. Examples include:
answering simple questions, Contact your customer service team to find out what questions are always asked and then use simple natural language processing to program a chatbot to recognize when these questions are asked and schedule them to respond with the appropriate answers these questions.
Route customers to the right people If your customer service team consists of different specialties, a chatbot can reduce the number of transfers that customers must make to reach the person who can best help them. By asking questions to understand the nature of a customer’s problem, Chatbots solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA can Develop chatbots that can more accurately connect customers with the right people in your company.
Think complementary and not the replacement
Chatbots cannot replace their customer service team or their secretaries because they can not do everything that humans can do. On the other hand, there are some tasks that chatbots are better equipped to handle.
Chatbots are ideal for automating the simplest and most mundane tasks normally asked of customer support-in-riyadh-jeddah-makkah-madinah-khobar-saudi-arabia-ksa staff and the secretaries who drive. Chatbots developer in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA Find ways to help chatbots reduce their employees’ workloads instead of trying to reduce payroll by eliminating positions.
Admit fails
The latter is important, a good chatbot should be able to recognize when its utility has come to an end. There will be customer interactions with your bot that are not resolved successfully. Your chatbot needs to be able to recognize that point in the conversation and have an exit, otherwise, you will be stuck in an endless cycle of futility that will only frustrate the client
Because the investment decisions were made a long time ago, the systems bind high resources for both IT and the department and are now reaching their limits, recently I noticed a clear change of opinion. While the statement used to say, “We need a monitoring system,” we hear more and more often: “We want to see better and, at the same time, reduce costs.” When designing the options, different approaches are chosen:
Replacement of the existing system:
A common goal here is to find a system that is easy to use, which facilitates the operation and configuration of the system for non-IT-related specialist users. The departments want to be able to adapt workflows of the system to their own processes, to independently analyze large amounts of data without statistical know-how and to simulate new rules in the combination of scorecards by hand, without having to initiate complex IT processes Artificial intelligence solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSAprovides you the assistance in your task . The banks that choose this path have usually reached their threshold with the existing system, and the decision makers at the time have thankfully left the area or the bank.
Optimization of the existing system:
This is mostly about optimizing the rule logic to reduce the false positive rate. One speaks also of “Tuning”. In the first step, the generic rule set is replaced by an individual that more closely matches the bank’s product and customer profile, and then, in a second step, uses statistical methods that define the characteristics and corresponding expressions in the construct of a scorecard meet more precisely. This procedure is only recommended if it is ensured that the necessary statistical know-how is available in the bank and a stable process is established so that it does not remain a one-time exercise AI Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA solve this for you. It is only a matter of time before providers emerge on the market who offer this ongoing optimization of rule logic as a service model.
Complete abolition of classical detection methods:
A new trend that has recently been seen in the press in the context of a leading UK bank is the abandonment of the traditional way of transactional monitoring. The reasons are the ones described above: The classical systems produce too many false positives, and the complex cases do not recognize them at all. Instead, the bank is talking about expanding analytics teams to use artificial intelligence and machine learning to identify money laundering patterns and identify individual cases with Artificial intelligence solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA .
Should retain the agility with Artificial Intelligence:
Meanwhile, banks in our language area, at least in part, seem to follow this trend. I am seeing more and more banks building new teams with young scientists who work exclusively with newer technologies in parallel with traditional monitoring. Here’s the challenge of keeping these young teams working outside of the mills of business and IT so that they retain the agility they need in the dynamics of money laundering and fraud. Furthermore, close coordination with the external auditors and supervisory authorities in such a project is essential.
The development of Blockchain has increased rapidly in demand lately. Mobile developers have been the golden geese of Silicon Valley they stayed on top for a long time, but those days are coming to an end. With the growth of the blockchain ecosystem in the hockey stick, the need for specializedblockchain developers in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA is increasing.
Today from this Blog you will learn what it means to be a blockchain developer.
Let’s start with an example: imagine that a company wants to launch an ICO (initial offer of coins). This company first needs to go through many hoops that the crypto community expects from communication, presentation, marketing, etc. But the most important thing is that you need a developed intelligent contract.
The First Step is crucial
To do that, the founders of ICO must first determine which chain of blocks will be used, since there are many options. For BlockChain Development Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA Ethereum is the most popular option at the moment, although the ability of companies to develop their own chain of blocks with technologies such as Tendermint is becoming an attractive alternative.
ERC20 token standard
If the founders decide to use the Ethereum blockchain, they must comply with the ERC20 token standard that describes the functions and events that an Ethereum token must implement for the following
To be able to see the total supply of tokens,
The balance of addresses,
The capacity for transfer to and from accounts,
Approve or deny transactions, etc.
Once those fundamental decisions have been made with BlockChain Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA, intelligent contract development can begin, if Ethereum is used, will be written in a language called Solidity. It is a language created by the Ethereum team and was very influenced by C ++, Python, and JavaScript, so if you are well versed in that, Solidez will be familiar.
Solidity and its Limitations
In spite of everything, Solidity has its peculiarities and limitations for the moment that can make it difficult for you to work if you do not know the idiosyncrasies involved in its use.
Money Flow with Intelligent Contract
The objective of the construction of this intelligent Contract is the democratic distribution of the tokens among the shareholders. Essentially, a smart contract handles the acceptance of funds and the distribution of tokens.
Those who choose to finance the ICO can send cryptocurrencies to the wallet address of an intelligent contract. The money stays there until a certain financial objective has been reached; then the contract is executed. This means that the money transferred is converted into a number of tokens that are distributed to investors based on the amount they invested.
