One day, a somewhat unconventional player came on the scene and began making moves no other player could comprehend. The player was artificially intelligent. It was using strategies it developed on its own – completely. It was only programmed with the basic rules of Go, not any human expertise or prior gameplays.
Depending on your perspective, this is either terrifying or exciting. The future of artificial intelligence (AI) is probably a mix of both. However, in the realm of ERP software, AI falls more into the “exciting” category. The AI within ERP systems is becoming increasingly advanced, and organizations are using this AI in conjunction with business intelligence to reveal new ways of improving operational efficiency and increasing customer satisfaction.
AI Functionality in Modern ERP Systems
Most organizations have so much data that it can be difficult to determine what data matters. If you think in terms of what matters to your different business functions, prioritizing data becomes easier. You can apply AI to any area of your business to gain competitive advantage. At the end of this post, you’ll find an infographic detailing how AI functionality can benefit several areas of your organization.
How to Define a Business Intelligence Strategy
1. Determine key stakeholders
2. Assess your current state
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3. Set KPIs
4. Evaluate your options
5. Obtain buy-in
A Note About Artificial Intelligence
Developing a business intelligence strategy can help your organization take advantage of the AI functionality available in many of today’s ERP systems. The infographic below details the benefits of AI for a variety of business functions.