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5 Tips for Efficiently Managing the Impact of Inflation: How Companies Are Strengthening Their Competitiveness by Using AI-Powered Data Classification
In times of high energy costs and inflation-driven sharp increases in personnel costs, many companies are facing major challenges. To cushion the effects of inflation, it is crucial to optimize business processes and organizational procedures. In this context, artificial intelligence and automated data classification can provide impactful solutions to reduce employee work pressure while increasing efficiency in everyday work. After all, data classification is the key to managing large amounts of data. The use of artificial intelligence enables enormous time savings in sorting, categorization and searching. “Efficient assignment makes it easier to access information that is critical to success. Our experience has shown that companies can significantly save time and costs through AI-based, automated classification of their data,” emphasizes Christoph Wendel, CEO of Iphos IT Solutions.* *Find out below how companies can benefit from the benefits of data classification and AI to strengthen their competitiveness and successfully meet economic challenges.