Unlocking New Possibilities

Commercial AI

Commercial AI refers to the application of artificial intelligence technologies in business settings to drive revenue, improve operations and create competitive advantages. It encompasses a wide range of AI-powered solutions designed specifically for commercial use, focusing on practical applications that can directly impact a company’s bottom line. Commercial AI aims to transform business processes, enhance decision-making and create new opportunities for growth and innovation across various industries.

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At valantic, we use the many opportunities of Commercial AI for several customers:

Process Intelligence and Analysis

Commercial AI leverages AI algorithms to analyze vast amounts of process data from SAP systems, providing deep insights into business operations. This enables companies to understand their processes in depth, identify inefficiencies and make data-driven decisions for process improvement, ultimately leading to optimized operations and cost savings. In assisting clients, valantic has honed the art of insight discovery, identifying AI opportunities that align with core business functions.

Commercial Process Management

Commercial AI can analyze historical process data from SAP systems to predict future process behaviors, potential bottlenecks, or compliance risks. This enables proactive decision-making and allows companies to address issues before they impact business operations, leading to improved process performance and reduced operational risks. We have updated process management systems with predictive analytics models, streamlining adherence to plans and anticipating challenges.

Process Visualization and Optimization

AI-powered process mining tools can create visual representations of actual process flows based on SAP system data. This helps businesses understand how processes actually work in practice, identify deviations from intended processes and optimize value chains across different departments and functions. We implemented AI solutions in the manufacturing industry by assessing existing processes and integrating AI to streamline operations and improve innovation.

Compliance and Risk Management

Commercial AI can monitor processes in real-time to ensure compliance with internal policies and external regulations. It can flag potential compliance issues, automate compliance reporting and help manage risks associated with various business processes, reducing the likelihood of costly compliance breaches. Our development of a specialized AI chatbot for the chemical industry showcases how technology can reinforce compliance and facilitate robust internal communications.

Customer Relationship Management

Commercial AI can analyze customer interaction data across various touchpoints to optimize customer journeys, predict churn and personalize customer experiences, leading to improved customer satisfaction and loyalty. At valantic we have automated and redesigned the customer interface for a leading automotive company using Conversational AI, leading to reductions in workload and more efficient communication.

Sales and Marketing Optimization

By examining sales and marketing processes, Commercial AI can identify inefficiencies, optimize resource allocation and provide data-driven insights to enhance lead generation, conversion rates and campaign effectiveness. We have recently transformed sales and demand planning for a leading food company, enhancing forecasting accuracy through the integration of machine learning.

Automated Customer Service

Commercial AI can streamline customer service workflows, automate repetitive tasks and provide intelligent recommendations to customer service agents, improving response times and first-contact resolution rates. With AI we reduced IT overload by handling frequent tickets and inquiries more efficiently.

Product Development and Innovation

Through Commercial AI it is possible to analyze customer feedback, market trends and product usage data to inform the product development process, helping companies create more innovative and market-responsive products that better meet customer needs. Our Conversational AI initiatives have paved the way for more responsive and intuitive product development strategies.

We support you to maximize your outcome with Commercial AI through various services:

  1. 1

    We identify specific business areas where AI can provide the most significant impact on revenue or cost reduction.

  2. 2

    We invest in quality data collection and management to fuel AI systems effectively.

  3. 3

    We develop or acquire the necessary AI expertise, either in-house or through strategic partnerships.

  4. 4

    We implement AI solutions incrementally, starting with pilot projects and scaling based on proven success.

  5. 5

    We foster a data-driven culture that embraces AI-driven insights and decision-making.

  6. 6

    We continuously monitor and refine AI implementations to ensure they deliver the expected commercial value.

By successfully leveraging Commercial AI, you can achieve significant competitive advantages through improved operational efficiency, enhanced customer experiences and the ability to make more informed, data-driven decisions. This can lead to increased revenue, cost savings and improved market positioning. However, it’s crucial for companies to approach Commercial AI strategically, focusing on areas where it can provide the most significant commercial impact and aligning AI initiatives with overall business objectives.

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Let our experts guide you to implement and execute Commercial AI for maximum output. Contact us now.

Laurenz Kirchner, valantic

Laurenz Kirchner

Partner & Managing Director

Division Digital Analytics & Strategy

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