Service Business Sector
Service business is one of the largest industries in the world. The benefits of AI-enabled demand forecasting are impressive in service business and retail. With the help of artificial intelligence, consumers are experiencing a whole new way of shopping both online and in stores. AI in service business and retail is being applied in a number of ways - from before a sale to after products or services is purchased.
Cleaning services
Following services are available for cleaning business, including house-cleaning companies: demand forecasts, stock size predictions, data mining, and smart automation, including computer vision
Education services
Following services are available for education business, including schools, universities, training centers: demand forecasts, data mining, and smart automation, including computer vision
Accommodation services
Following services are available for hospitality business, including hotels, coworkings, resorts: demand forecasts, stock size predictions, data mining, smart automation, including computer vision, quality assurance, and predictive maintenance
Tourism services
Following services are available for tourism business, including travel agencies: demand forecasts, data mining, smart automation, including computer vision
Food services
Following services are available for food business, including restaurants, cafe, bars: demand forecasts, stock size predictions, data mining, smart automation, including computer vision, quality assurance, and predictive maintenance
Personal services
Following services are available for personal services business, including barber shops, haircuts, massages: demand forecasts, data mining, and smart automation, including computer vision
Transport services
Following services are available for transport business, including rentals, trucking: demand forecasts, stock size predictions, data mining, smart automation, including computer vision, quality assurance, and predictive maintenance
Entertainment services
Following services are available for entertainment business, e.g. theaters, concert halls, exsibitions, museums: demand forecasts, data mining, and smart automation, including computer vision
Business needs to constantly anticipate the future to gain a competitive advantage. AI allows businesses to provide better forecasts for their supply chain, expected products or services demand and therefore design better offerings. Reliably forecasting demand is a way to use AI's ability to digest disparate data and automatically adjust to new information in near real-time. It can discern trends and patterns that can be acted on.
Our AI predictive analytics products help you to:
Forecast demand for the specific quantities of specific products/services at specific locations to apply smart prices' adjustment/discounts, ensuring maximum products/services realization with minimum lost sales
Forecast stock size for the specific products/services at specific locations to minimize waste, reduce storage costs and ensure always-in-stock approach, anticipating sales trends and pre-order more soon-to-be-popular items
Develop new strategies for growth (including prediction of future profitability or forecast demand for your services), client service and cost reduction
Define clients profiles, potential markets, service locations
Monitor competitive activity and capitalize on existing and potential customers
Optimize pricing and tailor website displays in real-time
Discover insights from all relevant past and current performance data with objective, fact-based information to make well-informed decisions through gathering, processing and analyzing data in real-time as it flows through the enterprise.
Our AI prescriptive analytics products help you to:
Improve planning, execution, and assessment of the key services business processes, including resource management, staff schedules, assets utilization and services gaps identification
Identify your most, and least, costly and profitable products/services
Reduce lost sales due to product unavailability
Prevent theft and fraud though automated computer vision technologies
Decrease costs related to transportation, warehousing and supply chain administration
Optimize merchandising, product assortment and micro space
Applying AI computer vision and analytics capabilities to assurance practices lead to significant performance enhancement combined with cost savings. AI algorithms discover product/services issues in image or video data in near real-time mode.
Our AI descriptive analytics products help you to:
Automate and enhance existing products/services quality assurance programs
Detect anomalies with machine vision quality control system
Any modern equipment contains a network of sensors, providing a stream Big Data of measurements. Understanding sensors data under different conditions, detecting anomalies and forecasts of the system's behavior are keys for predictive repair and maintenance which delivers early warnings of failure or required maintenance efforts.
Our AI predictive analytics products help you to:
Create a knowledge database of sensors data, assets conditions and repair cases for the utilized equipment
Implement predictive maintenance for utilized equipment based on equipment deterioration and failure forecasts at certain time and locations
Gauge reliability of integrated assets
An artificial intelligence system is capable to study the results of previous communication efforts with similar clients and identifying the most effective approach and content for each patient. Look at all available data that have not been studied before, thereby opening up a whole new set of analysis opportunities to spot previously unknown patterns, identify key relationships and uncover insights that would otherwise stay hidden.
Our AI descriptive analytics products can help you with the following tasks: