Machine Learning for SMEs Using Axcensa’s Odobot

Typically, it’s large enterprises that adopt the latest technologies, especially since they have deeper pockets. Till now, machine learning (ML) was believed to be expensive and perceived to address the needs of only big firms handling Big Data. This article introduces readers to an ML solution that’s designed for the needs and budgets of SMEs.

Implementing machine learning on a small scale

In the next few years, machine learning (ML) is going to rule most industries and organisations, ranging from small scale units to large enterprises. This technology has already started to influence the operations of businesses, even though only a few people are familiar with it at present. However, the actual success of a technology is measured by how far it spreads its wings in all the fields of industry, irrespective of the size of an organisation. The current differences in the adoption rate of ML, with small scale operations rarely using ML and large scale industries being open to it, will get eradicated by the evolution of Axcensa’s inventions. One of these is the Odobot and another is the Axcensa Learning System. The latter performs the activities of a data analyst, translating the data it has in the form of numbers into plain text. This is displayed through the Odobot interface, which is a chatbot. It is wholly based on ML concepts, and exclusively integrated with Odoo ERP. Odobot gives small businesses the capability to make predictions. The data collected from their business is studied and processed by the Axcensa Learning System. Machine learning serves this purpose and by using Odobot, SMEs get the information to make informed and intelligent decisions based on this data. The use of Odobot will produce more positive outcomes with increasingly precise predictions made through the Axcensa Learning System. These outcomes are defined by what matters most to companies—higher sales and increased efficiency.

Making data analysts and Big Data redundant

With Odobot, data analysts will no longer be needed. Among small scale industries, the data analyst is considered as a minimal requirement and many SMEs find this a costly affair. Now, the Axcensa Learning System helps you by performing the tasks of a data analyst. Nowadays, Big Data analytics impacts almost all our day-to-day activities without our knowledge. The Axcensa Learning System acts as a Big Data analyst (as well as a ‘small data’ analyst) by examining not only the large data sets. This system helps small scale industries by uncovering the hidden patterns in their operations and making the necessary correlations to help the organisation make more informed decisions. Even without the presence of a data analyst by your side and with no Big Data, an intelligent genie-like solution like Axcensa Learning System can help you, working in the background to enhance sales and productivity. Such a system provides you with the knowledge required to make the best business decisions, in time. The Mr Odobot interface will flash all the necessary information to you. The bottom line is that small businesses will benefit from machine learning by saving costs, making better decisions, and earning more profits whenever Odobot acts as an interface. This is a great opportunity for SMEs to be part of this interesting field and to effectively implement ML technology. It might take your business to the next level in a relatively short period of time.