Technology How to unlock business knowledge for real-world ROI

How to unlock business knowledge for real-world ROI

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Presented by Pryon


AI-powered knowledge management platforms maximize existing investments by turning them into interactive experiences, doubling productivity, without doubling budgets. Learn how they give businesses ROI within weeks in this VB On-Demand event!

Look here for free on request.


Business knowledge is a multiplier; it’s having the right business information, applied to an employee or partner’s query, when and how they need it. The challenge for most companies is to unlock knowledge from the available information and data. From enterprise search and communication platforms to internal websites and knowledge graphs, companies have tried a wide variety of methods to turn business facts into insights.

“In many ways, those systems have become their own barrier to efficiency,” said Chris Mahl, CRO and president at Pryon. “Data is everywhere. Unstructured knowledge is everywhere. Information in silos is everywhere. But applied knowledge—bringing it to me when I need it so I can be as productive as I need to be and want to be—that’s the difficulty most companies are trying to discover.”

It became clear that knowledge could be unlocked with the kind of interaction AI assistants have brought to consumers, says Igor Jablokov, the founder and CEO of Pryon, and founder of the startup bought by Amazon as the foundation for what Alexa became.

But it would be necessary to fuse disparate knowledge within an enterprise into one natural language representation.

“In the past, to unlock computer resources, you had to be a computer scientist, a mathematician, or an engineer,” he says. “We can turn the tables and democratize access to knowledge by allowing people to converse in natural language, to access the same resources that used to be buttoned up.”

Presenting knowledge in minutes

What’s different about Pyron’s approach to unlocking business knowledge is the solution’s ability to ingest and vectorize content into collection models, which can be used using natural language.

A full-stack, cloud-based, API-driven solution that easily connects to a company’s infrastructure with a single sign-on provider. From there, it leverages existing repositories, including S3 dollars, ServiceNow, ZenDesk, Confluence, Google Drive, Sharepoint, and more. The content does not need to be reformatted or transformed and the content can continue to be written the way the company currently manages it.

Once a collection is created and referenced to the content sources, it automatically generates the model, which then starts extracting relevant information. Automation and machine learning ensure that the system provides precision in recall, an understanding of context, the best rendering in response to a question, and filters that allow the inquirer to focus on a specific piece of information. Once the knowledge is incorporated, the search for information now becomes a valuable source of customer signals.

The solution can also identify high-quality information by tracking searches and interactions with the system, as well as uncover information gaps, redundancies, conflicts, or outdated content that should have been retired.

It’s a powerful, customer-centric tool, but using AI to serve employee productivity is a differentiator, Mahl says.

“Talent likes to work in a very agile place, where I can get the things I need to do my job, arguably at the speed of the spoken word,” says Mahl. “It’s definitely an acquisition, retention, and productivity game.”

And the system was designed from the ground up to be democratized for the entire workforce, not just specialties — which is why these tools are so important, says Jablokov.

“How many of your respective companies have been built by chance discoveries and experiments? And why not find something that you can get into every nook and cranny?” he says. “We had some customers who discovered new product lines by giving this tool to an intern. Bring it to every nook and cranny of your organization. The best time you should have done that was yesterday. The second best time is today.”

To learn more about the real-world ROI of an intelligent knowledge platform, use cases of successful organizations, what the tool looks like under the hood and more, don’t miss this VB On Demand webinar.

Start streaming now.

agenda

  • Increase productivity 2x by leveraging your existing investments in content assets, knowledge bases and human capital – without doubling budgets
  • Outperform your current customer support chatbots with a next-gen strategy
  • Drive repeatable, simultaneous digital transformation across multiple business units
  • Invest in an AI platform that pays for itself in weeks, not years

presenters

  • Igor JablokovCEO & Founder, Pryon
  • Chris MahliPresident & CRO, Pryon
  • Art ColeModerator, Venture Beat

Shreya Christinahttp://ukbusinessupdates.com
Shreya has been with ukbusinessupdates.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider ukbusinessupdates.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

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