Advances in technology impact the professional services industry as much as any other industry, if not more. Companies are creating solutions to problems you did not even know you have. There may be interagency resistance when transitioning from traditional practices that have always ‘worked’ to new, unfamiliar solutions. Still, the research shows it is in the best interest of your team and your company.
According to recent studies, AI augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally by 2021. AI augmentation does not mean robots are stealing jobs. It means humans are working with artificial intelligence, in a human-centric approach, to enhance cognitive performance.
AI and automation are not the only advancements changing the professional services industry. Cloud computing technology is vital in transforming your business into a collaborative and innovative atmosphere. Additionally, your team can easily and securely access and share data within the cloud.