Study: Understanding the Benefits of AI | Page 14

14 “The chance is that AI will bring about new solutions that would never be devised through human thinking and research.“ Head of Digitals, Industrials, Switzerland CUSTOMER NEEDS GUIDE THE ACTION The greatest AI maturity is encountered in highly complex and data intensive processes, as illustrated by use cases in which known decision questions are optimized. Some enterprises are already setting their pricing with the help of AI to a level of detail that would be impossible using conventional means. Uber and Airbnb use millions of data points to optimize their pricing. The UK rail network has 55 million price points. And AI-driven, automated trading accounts already handle about 75% of the volume in financial markets 17 – because they make better decisions at speeds unattainable by humans. However, processes that directly translate into added value for customers are becoming more and more important, with great opportunities wherever AI can make the service not only more efficient, but more customer-oriented, and wherever products can be smartly and quickly adapted to customer requirements. CASE STUDIES BOSCH – PRODUCTION ASSISTANTS FOR AUTOMATION IN MANUFACTURING Bosch offers its customers AI-supported APAS production assistants that are often installed in IoT devices. Designed to handle simple, monotonous or unergonomic tasks, the assistants are used primarily in the automotive industry and in FMCG production. DEUTSCHE TELEKOM – AI-SUPPORTED CUSTOMER SERVICE In customer service, T-Systems offers AI solutions based on the Amelia platform by IPsoft. Its virtual assistants Tinka, Sophie and Vanda take some of the workload of staff, thereby raising efficiency. 18 MARKET VOICES “Artificial intelligence is not an end in itself (…). What’s happening now is that we are taking the digital transformation we began 25 years ago to the next level and evolving it. And AI can really help here, right across the board.“ Senior Researcher, DFKI “First factor: Identifying where AI really works, where does it make sense and where not. Because AI is not a solution for everything!” Director of Research & Data, Vodafone Spain