We want to mine, structure, and analyze data using data science methods. We also hope to use generative AI and large language models to perform some of the data analysis, saving us lots of time. My company tripled in size in the last three years, so we have a lot more people, but the backend operations haven't grown at the same pace as the number of salespeople.
Automation helps us with operational and analytical work because we lack enough talent for that. By using AI, we can do the same amount of work without hiring more people, so we save money and improve productivity. Generative AI is part of our discussion. We had to decide whether to develop our own model or use existing software like UiPath to get things done faster and easier.
We have about 15,000 consultants working for us during the school year, and to fill those positions, we may need to interview five times that many. A lot of them might drop out by the time school starts. Using UiPath and AI, we can speed up processing and onboarding because that might be why people quit. They might leave for another job if we don't onboard them fast enough. We can save more candidates and prevent revenue loss from a potential placement by making the processing time faster.
After implementing UiPath, we automated many manual tasks. We save a lot of time, and those people who used to do manual work are doing more knowledge work. A lot of them now see what bots can do, so they're more open to the idea of developing bots. That set the stage for them to trust AI-powered bots in the future.