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Introduction

In an era where autonomy and precision are key to success, most businesses are shifting to intelligent systems that act and think independently. The growth in demand for autonomous systems is considered to be greater than that for systems that require manual intervention. This trend highlights the importance of AI agents being more independent while efficiently performing any operation.

Considering this scenario, Agentic AI is one of the emerging frameworks in Artificial Intelligence, transforming the outlook of business operations. It operates autonomously, makes informed decisions and performs tasks accordingly. This aligns with the goal of the Kingdom of Saudi Arabia (KSA) under Vision 2030, which supports the nation’s main aim of a vital transformation in the digital world and also enhances productivity.

The blog explains Agentic AI, its operation, and why its integration is beneficial for companies in terms of efficiency and innovation.

Agentic AI: An Overview

Agentic AI encompasses three primary aspects: decision-making, a goal-focused approach, and automating tasks. It interacts with the company’s environment related to operations and workflows, making adjustments as needed, and provides appropriate reasoning to take actions that align with the company’s goals, thereby integrating with the company’s workflow. This indicates that Agentic AI possesses two core strengths, focusing on efficiency and adaptability.

Agentic AI has transcended the traditional concept, as it not only focuses on analysing data but also facilitates informed decision-making. Therefore, it optimises the workflow of all business operations and also has the capability of determining the best solution to any problem that arises within Agentic AI’s operations.

The Core Process Behind Agentic AI

Agentic AI

Data Collection

The first step of Agentic AI is to gather data and gain an understanding of the business operations. It collects data from different sources, including CRM systems, communication tools, APIs, databases, documents, user inputs, real-time environments and customer feedback. Technically, some of the best leveraging tools, such as Talend and Salesforce, are primarily applicable for data management for customers. By consolidating and analysing the data received, a clear understanding of the further analysis can be gained.

Data Analysis And Decision-Making

After collecting the data, Agentic AI systematically evaluates all the information using machine learning tools and reasoning mechanisms and applies business rules to derive potential insights. Here, tools such as any AutoML platform are used to analyse complex data, thereby enabling informed decisions to be made accordingly. The system has the ability to assess various options related to strategy shifts or workflow changes, based on both past and current performance. This phase of decision-making aligns with the organisational goals, thus highlighting the importance of operational relevance, not just predictive analysis.

Initiating Strategic Actions

In the third phase, Agentic AI suggests specific actions related to the proposed duties, such as workflow optimisation or initiating an automatic response. The actions taken are based on real-time data insights, which becomes a major advantage for making informed decisions. Here, tools such as UiPath, a robotic process automation (RPA) platform, are primarily used to automate repetitive tasks, leading to a more effective solution for any routine-based workload. This approach focuses on implementing decisions that take effect promptly and streamlines the workflow. Hence, the productivity of a business will not be affected, and teams can focus on other activities, such as launching a product or developing a market entry plan.

Assessing User Feedback

After all the assigned automation is done, agentic AI takes an extra step by analysing the operations, routine behaviour and feedback to improve its service. It monitors the business environment in real-time, and accordingly, the changes are implemented. Here, tools such as Medallia, a customer management platform, are used to collect feedback from various social media platforms or through surveys. Thus, it helps in understanding the changes occurring in the business environment, focusing on the fact that it is a continuous learning process, and also in predicting future outcomes for better operations, highlighting how AI agents are continually evolving.

Key Use Cases of Agentic AI in Enterprise Operations

Healthcare sector:

  • Automatic scheduling of appointments: Agentic AI manages each appointment based on available time slots. It also sends reminders to patients automatically if there is any change, such as the doctor’s unavailability, and accordingly schedules a new appointment. 
  • Streamlining billing operations: Bills are systematically evaluated with accurate coding and processed more efficiently for all claims. This action leads to a reduction in human errors, resulting in no interruption to revenue cycles.
  • Continuous monitoring of patient data: Agentic AI performs constant analysis of patient data with real-time updates, enabling it to inform the medical team promptly if an error occurs.

Retail and E-commerce sector:

  • Inventory management: In the initial stage, Agentic AI determines if there is a requirement for stock, which is achieved through historical sales data and market demand, thereby avoiding overstocking.
  • Dynamic strategies for pricing: Based on competitor analysis, Agentic AI develops pricing strategies that optimise product pricing, user behaviour, and market demand to increase sales.
  • Personalised service for customers: Based on each customer’s purchase history, it provides recommendations tailored to their needs, enhancing the shopping experience.

Finance and Banking sector:

  • Detection of fraud: Agentic AI evaluates each transaction to identify any unethical practices, allowing for immediate action to be taken.
  • Loan approvals become automatic: It evaluates credit scores, risk factors and income data automatically, to streamline loan processing faster.
  • Documentation of compliance: Regulatory data analysis is conducted prior to generating compliance reports to ensure timely submissions and reduce the possibility of audit risks.

Manufacturing sector:

  • Maintenance on a daily basis: Agentic AI, with the help of IoT data, predicts the need for maintenance before any error happens, thus reducing the chance of repair and downtime costs.
  • Enhancing the supply chain management: It analyses the performance of the vendors, logistics, and inventory requirements to streamline distribution and procurement processes.
  • Quality check: Each product is inspected for quality to identify any issues at an early stage, thereby preventing disruptions to productivity.

Telecommunication sector:

  • Optimisation of networks: The load patterns of each network are identified through Agentic AI, and congestion is prevented through the reallocation of bandwidth.
  • Management of bandwidth: Agentic AI evaluates bandwidth by focusing on critical business activities, leveraging real-time data. For example, if a high-priority client conference is scheduled, the bandwidth will be increased to ensure uninterrupted connectivity.
  • Resolution for customer issues: The feedback received from users and system data is reviewed, and through Agentic AI, early predictions related to potential problems are evaluated and addressed accordingly.

Transportation and Logistics sector:

  • Optimisation of delivery routes: Agentic AI not only identifies the delivery timelines of all the packages but also determines the best distribution routes based on weather and traffic conditions. This helps reduce time and fuel costs.
  • Automation of warehouse operations: The scheduling of inventory management, including receiving orders, tracking availability, goods transit, and delivery, can be automated through agentic AI. This makes logistics management more accurate and efficient than the legacy method.
  • Fleet management: Agentic AI determines the optimal conditions for a vehicle’s transportation, the driver’s performance, and efficient routes, leading to increased productivity.

Modernise Your Systems With SquareOne

SquareOne is continually transforming the digital realm through the implementation of AI, intelligent workflows, and other data-related solutions. SquareOne offers a range of services, including big data, workflow automation, and other AI frameworks. With Korea.ai, an industry leader in Agentic AI solutions as their partner, SquareOne delivers advanced Agentic AI technology, enhancing business performance and enabling more informed decision-making.

Conclusion

Agentic AI is representing a major shift in the operations of the business by combining the most important elements: precision and autonomy. Agentic AI is revolutionising the digital landscape with its rapid decision-making capability and automation techniques, which have helped organisations to optimise resources and achieve their goals. This helps in reducing overhead costs, makes the workflow efficient, and improves the customer experience. The organisations that aim to rise above the competition, Agentic AI provides a new framework to achieve excellence in operations and also helps in driving better innovation.

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