Welcome to the era of Intelligent Cloud Computing. Over the past few years, Cloud Computing has been touted as the most revolutionary technology post the internet. Undoubtedly, it has evolved as the mainstream platform of software solutions and people have embraced the technology and its software services with open arms. In fact, it has blended naturally into our everyday lives. One truth about technology is that it is continuously evolving, so is Cloud. Today, we have reached a new phase in Cloud Computing with the advent of Intelligent Cloud Computing.
What is an Intelligent Cloud Computing?
Artificial intelligence (AI) + Cloud = Intelligent Cloud Computing
AI combined with Cloud acts as an engine for innovation and a mechanism for faster digital transformation. Large chunks of data can be stored and processed in the Cloud and AI with its cognitive capabilities can use that data to provide better services, generate revenue and value. This helps enterprises gain better insights into their businesses that can help them with better decision making. Another advantage of deep business insights is enhanced productivity leading to increase in business profitability. According to an article in Forbes, C-level executives of enterprises are looking to scale beyond descriptive analytics that defines past performance patterns. In fact they are keen on getting entirely new level of insights that are prescriptive as well as cognitive. Thus, to sum it all, Intelligent Cloud Computing is all about getting greater insights into one’s business leading to more favorable business outcomes.
For instance, if a manufacturing company uses an AI integrated business management software like ERP (an intelligent product based on AI and Cloud) it can help manage the the supply chain by handling logistics and shipment processes smoothly. AI integrated software on Cloud can churn huge amount of data with maximum speed within a shorter time frame. Thus, allowing employees to invest their time into some other productive work and decreasing the chances of manual error since the entire process is automated. Hence, the enterprise can deliver its products quickly providing better services. Also, as the resources are being utilized in other productive tasks it enhances the company’s productivity leading to increased revenue generation.
In this era of Industry 4.0, these are exciting times for us. Industry 4.0 has introduced the concept of “smart factory,” in which cyber-physical systems monitor the physical processes of the factory and make decentralized decisions. With the adoption of AI, companies can manage their inventories better and reduce the overall cost, thereby witnessing a significant growth. In the current scenario when it is all about digitally connected world, the manufacturing sector too has to be prepared for a connected set up i.e. high integration of supply chain, designing team, production line, and quality control. Manufacturers can make the most of this integrated intelligent system to identify the issues for slow down in the manufacturing process, and immediately search for ways to overcome the cause of the delays. All within seconds. Manufacturers will be able to assign every material asset a distinct digital identity so that they are able to track the location and condition of assets on a real-time basis. Besides boosting productivity on the manufacturing company and ensuring uninterrupted workflow, smart manufacturing facilitates a number of other aspects as well: Optimization of supply chains, strategies promoting company growth, demand forecasting as well as ensuring better quality of services.
Intelligent enterprise software
The Intelligent Cloud system has ushered in a new phase of innovation in terms of cloud-based products and services. Deskera is a market leader of cloud-based business software solutions. Being the no. 1 ERP vendor in the South-East Asia region, the company is a strong promoter of technology and innovation. It has been working towards intelligent enterprise software by combining its cloud-based ERP with AI.
AI enabled ERP software can heavily impact the core of an organization’s everyday business processes by streamlining routine tasks, reducing operating expenses, and eliminating manual errors. Artificial intelligence integrated with ERP isn’t about getting data from speaking into a device, but having a system that understands an organization’s goals, and can adjust existing processes or institute new ones in order to achieve, and potentially exceed, those goals. It would also help organizations utilize employees to perform other important tasks that require innovation. With the advent of this new technology there would be considerable cost reduction in business operations by supporting employees’ workflows. While cloud-based ERP can help businesses enhance their productivity, integrating AI can further enhance the product’s potential.
In today’s world of disruption, the integration of AI with applications like ERP is proving to be an excellent tool for businesses to transform operations. This integration is helping organisations all over the world to optimise operational models.