Artificial Intelligence, or AI, due to its rapid technological growth, is one of the major players that are transforming and revolutionizing almost every sector, industry, and individual in present decades. AI has empowered individuals by helping them in everyday life tasks. The AI-powered tools and applications are suggesting various items as per the user’s likings and preferences. Right from recommending books, music, and movies, AI-driven machines are creating a significant impact on the life of individuals. These suggestions are fully based on an algorithm that analyzes what the end user has previously looked upon. The algorithms learn from such purchases, enabling them to suggest the items as per user preferences.
In addition, Artificial Intelligence in business is being driven with the help of digital platform service providers like Amazon Web Services (AWS), Google Cloud platform, and more. They have developed various deep learning APIs and micro-services that are helping businesses to deploy AI for business operations and automation process. Furthermore, AI can be utilized to solve an array of problems that various industries are facing.
At Katalyst Technologies, by using Artificial Intelligence and machine learning, we have developed various operational solutions that are helping to manage resources in a more efficient and better way. Our team has developed Celero2.0, a highly customizable Enterprise Resource Planning (ERP) solution for various industry verticals that are integrated with Artificial Intelligence (BI) and big data analytics capabilities. It is a zero-installation cloud-based “Software as a Service” (SaaS) system that can be initiated from any location.
Celero2.0 works on Amazon’s AWS platform, having easy and high scalability that covers integrated modules of warehouse operations, customers, vendors, inventory, accounting, and sales. The core of this ERP solution is optimized to pick an algorithm for highly efficient warehouse management and operations. It allows single user sign-in with high-end security. The algorithm used in Celero uses “simulated annealing” for determining efficient and effective ways for shipping from warehouses with the help of mobile devices or RF scanners. It also helps in saving and optimizing resources.
To close, Forbes estimates that Artificial Intelligence has the potential to offer $15.7 trillion to the global economy by 2030, and that there will be tremendous growth in the number of B2B and B2C AI-based solutions in the years to come. As such, AI is trending high and getting opted by almost every industry in order to meet the challenges and solve the issues faced by a modern world. We at Katalyst are always focusing on developing high-end business intelligence and analytics solutions that are fully integrated with Artificial Intelligence, which helps in leveraging our alliance with industry leaders to stay ahead in our technological-driven era.