Take advantage of artificial intelligence and machine learning in your business
Machine learning is one of the key components of artificial intelligence and refers to the ability of different systems to learn and improve their performance by using the data provided to them. Artificial intelligence and machine learning can be utilised in a wide variety of different situations within an organisation. For example, the traditional, time-consuming inventory management process becomes more efficient and cost-effective when inventory can be tracked in real time, and future demand can be estimated in advance.
At the management level, artificial intelligence supports decision-making by bringing all the information together and creating visualisations of alternative plans. With the help of real-time data, management can constantly be on top of the company’s operations and make more informed decisions.
Artificial intelligence and machine learning have been available to companies for a long time, but their real significance and their potential for improving business efficiency is only just beginning to emerge. Continued competition and growing environmental demands require companies to take action to adopt digitalisation and these helpful technologies.
Innotect develops solutions that utilise machine learning and artificial intelligence in order to meet customer needs. For example, SUPERSENSE Material enables the analysis of material flows and management of load weighing in real time. The solution, implemented by Kemi Energy and Water Oy in autumn 2020, automatically compiles collected data into digital reports, which the company is free to use to streamline invoicing operations, among other things.