5 Core Reasons Why You Need Reliable, Intelligent Search Functionality
The Power of Effortless Searching: Discover the Top 5 Must-Have Reasons for Investing in Reliable, Intelligent Search Functionality | Article
In today’s fast-paced and constantly evolving business world, having access to information at your fingertips has become an absolute necessity. As a result, investing in reliable and intelligent search functionality is no longer just a luxury but a critical component for success. By harnessing the power of artificial intelligence, organizations can revolutionize how they search for, access, and utilize information. The benefits of using an AI-powered search system are numerous, from increased efficiency and productivity to a more positive user experience. In this article, we’ll explore why now is the time for your organization to leap to an intelligent search solution and start reaping the rewards it offers.
AI: finding the needle in the haystack
One of the most significant benefits of using an Intelligent Search solution powered by artificial intelligence is the time savings it provides. AI-powered search algorithms can quickly comb through vast amounts of data and deliver the most relevant results in seconds. This eliminates the need for manual searches through various databases and reduces the time spent looking for information. This newfound efficiency can free up valuable time for employees to focus on more important tasks and projects, ultimately contributing to increased productivity for the organization.
Another advantage of an AI-powered search system is that it finds the necessary information. AI algorithms are designed to learn and adapt to the user’s search patterns and preferences. This means that the system becomes better at delivering relevant results that meet the user’s needs over time. As a result, employees can spend less time searching for information and more time using it.
Another critical benefit of using an Intelligent Search solution is reducing duplication of work. AI algorithms can detect and eliminate duplicate content, ensuring the information used is accurate and up-to-date. This saves time, helps minimize errors, and increases the accuracy of the organization’s data. By reducing the likelihood of duplicated efforts, organizations can ensure that resources are being used effectively and efficiently.
In conclusion, the benefits of using an Intelligent Search solution powered by artificial intelligence are numerous and far-reaching. From saving time to reducing work duplication, these solutions can revolutionize how organizations access and utilize information. By investing in an AI-powered search system, organizations can streamline their processes, improve the user experience and ultimately, drive their success.
Some general statistics and facts on Intelligent Search:
- According to a report by Accenture, AI has the potential to increase labour productivity by 40% and create $14 trillion in net economic benefits by 2035.
- A study by the Capgemini Research Institute found that organizations using AI in their search solutions experienced a 25% increase in efficiency and a 30% improvement in decision-making.
- Gartner predicts that by 2025, AI-powered search will deliver 50% of all search results and will replace traditional search methods soon.
- According to a report by Forrester, 63% of organizations plan to invest in AI-powered search solutions in the next 12 months.
- A Salesforce survey found that 86% of organizations believe AI will be critical to their business’s future success.
- A study by McKinsey & Company found that companies using AI in their search solutions experienced a 20% reduction in cost and a 15% increase in revenue.
These statistics and facts demonstrate the growing importance of AI-powered search in organizations and the potential for significant improvements in efficiency and profitability. By investing in these solutions, organizations can unlock the full potential of their data and drive their success in the years to come.
‘Transform Your Information Management: The Advantages of AI-Powered Search Solutions’
Unlock the Power of Effortless Searching: The Advantages of Reliable, Intelligent Search Functionality
Considering the overwhelming data flow in all environments, information overload is inevitable in today’s age and time. Subsequently, businesses need to understand the importance of reliable, intelligent search functionality in their Intranets, especially in project management and employee collaboration.
Suppose an employee wants to search for a company policy, but they don’t know its exact name. How long will it take the individual to find that particular document? Does your intranet have appropriate search provisions for such cases?
Awkwardly, most businesses lack reliable, intelligent search functionality. That’s why workers spend 22% of their time making eight or more searches to locate the correct information.
Why Do You Need Reliable, Intelligent Search Functionality?
Your employees need to search for information regularly. Consequently, they spend much of their daily time looking for data.
A McKinsey and IDC report showed that workers spend around 1.8 hours every day gathering and searching for information, which is about 9.3 hours a week. Employees could use this time much more productively.
Let’s look at it from another perspective. Considering the hours employees take to search for information, businesses might hire five employees, but only four are working. The fifth is busy looking for information.
So, it’s evident that you need reliable, intelligent search functionality powered by Artificial Intelligence (AI), Machine Learning (ML) and Natural Language Processing (NLP) to improve Productivity in the workplace. Here are some reasons you should work on updating the search functionality.
‘Maximize Your Efficiency: The Benefits of Reliable, Intelligent Search Functionality for Your Organization’
Streamline Your Processes: The Benefits of Investing in AI-Powered Search Solutions
1. Better, Bespoke, Precise Search Results
When employees search for precise information in vast documents, they want to find the exact information. However, if your search functionality lacks precision, the individual will get several search results instead of a singular one in a good scenario or none in the worst-case scenario.
On the other hand, AI-powered intelligent search functionality will direct the searcher to the appropriate piece of information, removing any ambiguity. Moreover, it will give precise search results, letting employees preview the necessary documents or information.
2. Saves Time
As already discussed, document searching takes up much time in the workplace. If the search functionality was more straightforward, dependable, and precise, this time could be spent more productively.
Therefore, enhancing your search functionality with innovative technologies such as AI, ML, and NLP will ensure that employees find what they’re looking for in the first search rather than running it eight or more times. Subsequently, they can spend all the time they have saved working on their projects, becoming more creative, adding value to the company, and meeting deadlines more promptly.
3. Technology Saves Money
The saying ‘time is money is pretty literal in the business world.
The more time you waste, the more money you lose – inevitable. However, a European study showed that looking for information wastes money in the long run.
However, you can save all this money and improve the generated revenue with reliable search functionality.
According to an IDC study, businesses lose $5,700 per employee per year. This is painful yet true.
4. Search – Improves Productivity
Suppose your employees spend an hour or two of their day searching for answers and information to do their work. In that case, inevitably, they will be less productive than if they always knew at their fingertips.
Therefore, to enhance Productivity in the workplace, you must address search capabilities that deliver results every time.
5. Enhances Employee Experience
It’s imperative to focus on employee experience today because many organizations find it challenging to retain the workforce. So it makes sense for employees to feel frustrated or annoyed because they can’t find a simple piece of information.
On the other hand, your employees will have a better experience with reliable search functionality, as they can instantly find what they are searching for and enjoy that excellent User Experience (UX)
Find What You Need, When You Need It: The Importance of Reliable, Intelligent Search Functionality
How To Improve Your Search Functionality?
One of the primary reasons employees take too long to search for relevant information is the deficiency of reliable, robust search functionality.
Consequently, it’s about time you take some measures to improve this. First, document fact-finding solutions based on AI and ML technology will be introduced. You will be astonished at how much time and money you will save.
How is Machine Learning (ML) used in Natural Language Processing (NLP)?
Machine Learning for NLP and text analytics involves statistical techniques and patterns for identifying parts of the text’s crucial phrases, entities, sentiments, and other crucial characteristics. The methods can be expressed as a model and then applied to other text, also identified as supervised Machine Learning.
Intelligent Automation | Artificial Intelligence Improved Productivity | Data-driven Insights | Enhanced Decision Making | Automated Processes | Increased Efficiency | Streamlined Operations | Advanced Accuracy | Machine Learning Application | Digital Transformation | AI Technology | Automation | Productivity | Efficiency | Time-saving | Task Completion | Repetitive Tasks | Information Access | Process Improvment | Strategic Activities | Customer Services | Data Analysis | High-Value Tasks | Improved Decision Making | Augmentation
How to Get Started Leveraging AI?
New innovative AI technology can be overwhelming—we can help you here! Using our AI solutions to Extract, Comprehend, Analyse, Review, Compare, Explain, and Interpret information from the most complex, lengthy documents, we can take you on a new path, guide you, show you how it is done, and support you all the way.
Start your FREE trial! No Credit Card Required, Full Access to our Cloud Software, Cancel at any time.
We offer bespoke AI solutions ‘Multiple Document Comparison‘ and ‘Show Highlights‘
Schedule a FREE Demo!
Now you know how it is done, make a start!
Download Instructions on how to use our aiMDC (AI Multiple Document Comparison) PDF File.
Decoding Documents: v500 Systems’ Show Highlights Delivers Clarity in Seconds, powered by AI (Video)
v500 Systems | AI for the Minds | YouTube Channel
‘AI Show Highlights’ | ‘AI Document Comparison’
Let Us Handle Your Complex Document Reviews
Please take a look at our Case Studies and other Posts to find out more:
Intelligent Search and Artificial Intelligence: Transforming Legal Research and Empowering Lawyers
Revolutionising Legal Research with AI: The Advantages of Intelligent Search for Lawyers
Embracing Artificial Intelligence: Cost-Savings and Efficiency Benefits for Law Firms
Empowering Lawyers with AI-Powered Intelligent Search: Always Finding the Correct Information
#artificialintelligence #machinelearning #advantage #organisations
Jan Czarnecki
The Blog Post, originally penned in English, underwent a magical metamorphosis into Arabic, Chinese, Danish, Dutch, Finnish, French, German, Hindi, Hungarian, Italian, Japanese, Polish, Portuguese, Spanish, Swedish, and Turkish language. If any subtle content lost its sparkle, let’s summon back the original English spark.
