© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - How to Maximise Business Opportunities with AI and Automation
Posted 24th May 2023

How to Maximise Business Opportunities with AI and Automation

Whether it be for operational heavy lifting or data management and analysis, AI and automation tools have the power to transform UK businesses.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

How to Maximise Business Opportunities with AI and Automation
Man touching floating bubbles with different incons inside them

Whether it be for operational heavy lifting or data management and analysis, AI and automation tools have the power to transform UK businesses.

Recent UK government statistics show that around 15% of all UK businesses have adopted at least one AI technology with the IT and legal sectors leading the way to adoption with 29.5% and 29.2% respectively.

While AI has its limitations, with disruption comes opportunity. Ben Ridgway, co-founder at iamproperty, outlines how businesses can effectively implement technology to maximise their potential.

 

Tech as a disruptor

Whether it’s driving efficiency or keeping up with legislation, tech can play a positive, disruptive role for businesses, freeing up time that might have been spent on admin tasks. This can allow your workforce to spend more time adding real value, whether that be prospecting new business or servicing existing clients.

Tech can enable business leaders to assume a helicopter view of their operations. It’s worth considering which services can best help you achieve this. For example, CRM platforms can help you manage your team, while revenue management systems help you earn around the clock.

 

Embracing AI

There are many ways that businesses can leverage AI for business growth, with many centred around providing better and more personalised customer service.

Businesses today collect a wealth of data from consumers such as from cookies, social media and customer surveys. This ‘big data’, made possible by AI, provides insight into user behaviour and can be employed to develop business strategies, reach new customers and promote new products.

Reportedly, the vast majority (91%) of consumers say they would choose to shop with brands that provide offers personalised to them. AI can enable this through data analysis and algorithm creation to better understand consumer behaviour.

In recent months, even the creative industries – so often aligned with nuance, creativity and critical thought – have begun to embrace AI. ChatGPT and other AI language models have been praised for their impressively detailed, human-like responses to random questions. This can assist with everything from research tasks to coding websites and copywriting.

 

Increasing demand for self service

From the refuelling forecourt to the retail sector, consumer demand for self-service models is glaringly apparent.

Queueing – once such a facet of British life – is becoming less appealing with 66% of UK shoppers agreeing that they prefer self-service checkouts at the point of payment as it makes shopping more efficient. This use of digital interfaces on the shop floor accelerates processes and can reduce overall queues and waiting times.

The hospitality sector has been similarly depersonalised – expedited in part by the coronavirus crisis. 80% of consumers agree that QR codes simply make life easier with some venues now choosing to let guests order food and drink through codes or an app, dispensing with the typical server-customer dynamic at tables. 

 

Transforming the property sector

Even property – a typically people-oriented sector – has the potential to be transformed by AI technology. AI can be used to pick up some of the heavy lifting when it comes to maximising opportunities for agents.

Using audience segmentation tools, agents can embrace personalisation principles and send out the appropriate messages to the right people at the right time and avoid their network unsubscribing from emails.

Automation can also be an effective tool in keeping agents compliant. Often, agents will have to take on compliance tasks themselves which can increase workload and the possibility of Anti-Money Laundering fines if not observed correctly. Automating these tasks with bespoke digital solutions can ensure processes don’t slip. A CRM for estate agents can simplify tasks significantly.

AI adoption can have a transformative impact across sectors and industries. Even in businesses which deal with typically traditional areas, automation can simplify mundane processes and free up more time for your experts to focus on providing services and maximising their effectiveness elsewhere.

Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
Zillow Group Acquisition of Trulia
M&A
Read Full PostRead - Eye Icon
Buy a Business or Start Your Own? What’s Your Best Option?
News
20/07/2021Buy a Business or Start Your Own? What’s Your Best Option?

There are two main ways of becoming a business owner. Starting your own or buying an existing venture. Find out the pros and cons of each option.

Read Full PostRead - Eye Icon
Most Innovative Law Firm of 2016, Swansea
Legal
04/04/2016Most Innovative Law Firm of 2016, Swansea

The Most Innovative Law Firm of 2016, Swansea was awarded to ALEXANDRA CHAMBERS.

Read Full PostRead - Eye Icon
AI and ESG: Where Do They Overlap?
Corporate Social Responsibility
06/11/2023AI and ESG: Where Do They Overlap?

AI and ESG are two boardroom topics that have more in common than you might think.

Read Full PostRead - Eye Icon
5 Effective Leadership Styles in Education
Leadership
20/11/20205 Effective Leadership Styles in Education

Creating a positive learning culture in school is what is one of the most important and challenging jobs for any teacher. That’s because education is not only about going to school and giving a lecture. It also has a lot to do with instilling confidence and

Read Full PostRead - Eye Icon
5 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management
News
08/07/20245 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management

5 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management Tax accountants in Gold Coast play a pivotal role in financial planning and wealth management. Their expertise extends beyond mere tax preparation, encompassing strategic plan

Read Full PostRead - Eye Icon
Uncloak Technology for Cutting-Edge Brand Protection
News
18/03/2024Uncloak Technology for Cutting-Edge Brand Protection

Uncloak Technology for Cutting-Edge Brand Protection In the ever-evolving terrain of the digital age, the realm of brand protection has witnessed a paradigm shift with the advent of Uncloak technology. This groundbreaking innovation has revolutionized the way

Read Full PostRead - Eye Icon
Bridgepoint Developement Capital acquisition of stake in MVF
Finance
04/08/2015Bridgepoint Developement Capital acquisition of stake in MVF

Bridgepoint Developement Capital acquisition of stake in MVF

Read Full PostRead - Eye Icon
Advancing the Four Pillars of Market Intelligence
News
10/03/2021Advancing the Four Pillars of Market Intelligence

When it comes to understanding vulnerabilities and predicting shifts in today’s markets, data forms a major part in the decision-making process for most enterprises. Applying that data accurately and effectively is not always easy, but the leading-edge team



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow