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How AI Can Help Small Businesses Grow and Thrive

Small businesses are increasingly turning to Artificial Intelligence (AI) to streamline their operations and save money. According to a survey by the Small Business and Entrepreneurship Council (SBEC), 48% of small businesses started using AI tools in the past year, and 29% have been using them for one to two years. AI tools can help small businesses save time and money, allowing them to focus on other areas of their business. AI can also help small businesses automate tasks, improve customer service, and gain insights from data.

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Discover the Remarkable History of AI in Business

Artificial Intelligence (AI) has come a long way since its speculative science fiction roots. It has now become a fundamental pillar of modern business. This article looks at AI's brief yet impactful history in the business world, from its theoretical roots to its current status as a transformative force in the global market. The early years saw significant academic interest in AI, but it was primarily confined to research laboratories. The 1980s marked the first wave of AI entering the business arena, with the emergence of expert systems. The internet era saw a pivotal boost for AI with the vast amounts of data generated by digital activities. This led to companies like Amazon using AI for personalized recommendations. In the 2010s, AI made the leap from a niche technology to a mainstream tool for businesses of all sizes.

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SAP Wants to Make Every Developer an AI Expert

SAP has announced plans to help developers around the world become experts in generative AI tools. At the SAP TechEd 2023 event in Bangalore, the company unveiled a number of new AI-based tools that will allow for the speedy creation of apps, automate processes, and build business sites. The new “pro-code” tools will help experienced developers keep up with the changes generative AI has brought to businesses. Juergen Mueller, SAP Chief Technology Officer, said that “all developers have to become AI developers.”

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