Augmented Intelligence: An Introduction To The New AI

Augmented Intelligence An Introduction To The New AI

Artificial Intelligence is certainly making the way for the future. But, what happens when you combine AI, data, and analytics with human intelligence? It gives rise to the phenomenon of Augmented Intelligence.

 Augmented intelligence helps us understand the power of analytics and the speed at which AI can process data.

What is augmented intelligence?

  • Augmented intelligence integrates artificial intelligence with human strength to amplify the overall power and precision and make better decisions. It helps improve cognitive performance, enhance learning implementations and decision making.
  • Augmented intelligence aims to enhance users’ knowledge and skills by utilizing it with machines. It helps improve human intelligence by making smarter decisions and choices.

How does augmented intelligence work?

  • Augmented intelligence technology identifies human strengths and improves them with smart algorithms. This coupled with real-time insights, and data-driven reports can help improve outcomes. You can find patterns, note important spots, unlock opportunities, notice strategic zones and convert customer data into action. 
  • Augmented intelligence extends human cognitive abilities instead of simply automating a process. The technology aims to simplify decision-making while ensuring that the final decision comes from humans only.

For example: You watched a Sci-fi film on Amazon Prime. The provider then suggests a list of similar movies based on what you have watched. This is augmented intelligence in action. You may have experienced this a lot. This is basically the service provider offering you options from his table based on an algorithm.

Benefits of Augmented Intelligence for Businesses:

  • Firstly, Augmented Intelligence helps reduce costs by increasing accuracy. Hence, it impacts the decisions about invoice processing to sales forecasts.
  • Moreover, it helps representatives take smarter initiatives on the basis of the data. As a result, it influences employees to create better opportunities for themselves and the business.
  • Furthermore, Augmented Intelligence assembles human resources and technology to foster a collaborative environment.
  • It also performs repetitive and time-intensive tasks to help teams work on the strategies and plans for the business.
  • Above all, it works as a virtual assistant for data analysts and scientists. That is to say, it provides further insights and data to the analysts and scientists, for better actionable insights.
  • It also provides opportunities for better, more accurate, and data-driven decisions for science, businesses  and daily life.
  • Most importantly, it provides capabilities for decision-making processes and handling large data sets.

Steps and Strategies to develop Augmented Intelligence for the Business

  • Firstly, it is pivotal to develop and employ bilingual resources to incorporate various expertise for enterprise-class approaches.
  • It is also crucial to consider change management for the smooth adoption of new and better solutions.
  • Further, businesses can collaborate business strategies with the latest technologies for integral governance of the human and machine workforce.
  • It also increases agility, flexibility and scalability by migrating data and analytics to the cloud.
  • Above all, it is critical in developing white-box algorithms to detect and diagnose issues in case of any discrepancies.

Top Augmented Intelligence Tools Businesses should be aware of?

  1. Oracle->Oracle Analytics Cloud is an AI-centric self-service analysis tool. Moreover, it provides data preparation, visualization, reporting, and augmented analysis features.
  2. IBM->IBM offers a range of Business Intelligence and analytic features under two product lines. Its Cognos Analytics solution enables users to access data and generate dashboards as well as reports. 

Industries that benefit from augmented intelligence

1.     Finance and banking  2. Healthcare  3.Manufacturing and engineering  4.Retail

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Conclusion:

Augmented intelligence should not be looked at in isolation as a technology that can replace humans. It is meant to augment human expertise by utilizing the capability of the machines in the best possible manner.

There is still a lot of scope for improvement in this cutting-edge technology. But it is already showing lots of great promise!

The augmented intelligence solution from SOAIS is helpful for businesses to make the right decisions.

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Dear Default Value,
 

Welcome to SOAIS Newsletter of September 2021!

Continuous Testing with Remote Execution
 
The speed of innovation continues to increase, driving rapid and relentless change for today’s ever-evolving IT landscapes, creating greater risk as IT and business teams scramble to ensure timely delivery. How can your organization keep pace? Test more, worry less. With Worksoft’s Connective Automation Platform, you can easily build and maintain automated tests, accelerating testing time without losing scope or volume. You can schedule and execute remote, continuous tests to intercept defects sooner and prioritize remediation - without sacrificing your nights and weekends. Explore how continuous test automation and remote execution can empower your organization.

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Skip Costly Rework with Dynamic Change Resiliency​

Change resiliency is imperative in ever-evolving IT environments. Our patented object action framework streamlines change management by assigning object definitions to your shared assets. The same object may be used in a thousand automation steps, but it can be easily updated by making one simple change to the model definition. The change automatically propagates to every single instance where that object may have been used without a single line of code or manual human involvement. For more change readiness you can also engage our Impact Analysis for SAP to predict how changes in SAP transports will affect your business processes. 

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SOAIS Blog – Nuts and bolts of Certify Database Maintenance​

One of the key thing, which is often missed by the organizations, who have invested in using Worksoft Certify for automating their Business Process Validation initiatives, is implementing a Database Maintenance Plan. While the business and the test automation consultants get excited about the shiny new thing that they have got and start building the regression suite; planning and executing a database maintenance plan for most of the customers gets pushed down the priority list. However, since all the test assets in Certify are stored in a Database, a robust database maintenance plan is very important to maintain smooth operation of Certify with acceptable performance criteria. The customers usually start facing issues once they have built significant number of Certify processes which they have started executing on regular basis. Such executions add a lot of data to the tables storing results data and increase the overall size of the Certify database.

Please click here to read the complete blog.
 

Worksoft Blog – Process Intelligence: A Multi-Dimensional Approach

The ability to extract process knowledge has become easier through the years. Technology has evolved to the point where we can deploy capabilities that connect at multiple levels to extract different types of process insight. In the past, organizations were forced to spend enormous energy extracting data manually from different applications and databases. Then, they would have to use things like spreadsheets to transform the data and convert it into meaningful information. 

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