To highlight the power of artificial intelligence, we asked Chat GPT, a chatbot developed by OpenAI, what the best AI tools are that every consulting firm should use. The results included a range of data analysis and process automation technologies that are undoubtedly worth a look.
It is important to note that we do not endorse or promote any specific AI tool; we only recognize their rapid development and emphasize their power. It is clear that a company should always carefully evaluate whether new technology is appropriate, taking into account its own business needs, legal considerations, and compliance. It is also crucial to understand that sharing confidential proprietary information via AI tools can potentially threaten intellectual property rights and confidential information. Nonetheless, there may be AI tools that can help your consulting firm improve efficiency, accuracy, and analytics. Here is the list:
#1 ChatGPT
In a bit of self-promotion, ChatGPT decided to highlight itself as a productivity tool for consulting firms. It’s hard to argue with this “logic,” as we used it to tell us about AI tools. ChatGPT is a powerful AI-based language model that can generate natural language responses to text queries. It can be integrated with various communication channels, such as chatbots and virtual assistants, to streamline customer service and support. Use cases for consulting firms include creating engaging ad copy, researching market trends, and writing and validating basic code.
#2 Frase.io
If you don’t yet have a specialist focusing on search engine optimization (SEO), you might consider investing in this tool. Optimizing your online presence through SEO can strengthen and highlight your brand, and Frase.io can help with that. It is an AI-based content optimization platform that supports consulting firms in researching, writing, and optimizing content for their clients. It uses natural language processing and machine learning algorithms to analyze content and suggest improvements based on SEO best practices. Frase.io can help with SEO analysis of existing content, finding additional topics and keywords, and writing web pages, landing pages, and blog posts.
#3 Copy.ai
Copy.ai is an AI-based copywriting tool that can help consulting firms generate high-quality content for their clients. It uses natural language processing and deep learning algorithms to analyze and understand the context of the content and create relevant and engaging texts. Consulting firms use this tool to create sales materials, blog content, social media posts, and digital ad copy.
#4 Stockimag.ai
Stockimag.ai is an AI-based image and video search engine that can help consulting firms find matching and high-quality materials for their clients using computer vision and algorithms. It is worth considering this tool if you no longer want to use the same stock photo library in marketing and sales materials.
#5 Hootsuite Insights
Nearly 20 million people already use Hootsuite as a social media management platform to help build brand awareness and engage current and potential customers. Hootsuite Insights is an AI-based social media monitoring tool (sometimes called social listening) that can help consulting firms track and analyze social media conversations about their clients. It uses natural language processing and sentiment analysis to identify trends, influencers, and customer opinions.
#6 IBM Watson
Watson is an AI platform that includes a range of natural language processing, machine learning, and computer vision tools. Consulting firms use Watson to create and deploy AI applications in various industries, including healthcare, finance, and retail. In fact, Deltek uses IBM Watson in our Costpoint ERP software to help users create and interpret BI content.
#7 Salesforce Einstein
Salesforce Einstein is an AI-based CRM tool that can help consulting firms manage and analyze customer data. It uses natural language processing and machine learning algorithms to automate and optimize sales and marketing activities. Its use includes helping predict the likelihood of converting a potential customer into a sale, answering routine customer service questions via chatbots, and recommending products to customers similar to those they have already purchased or viewed.
#8 UiPath
UiPath is an AI-based process automation tool that can help consulting firms automate repetitive and time-consuming tasks. It uses machine learning and natural language processing to understand and perform complex workflows and processes.
#9 Grammarly Business
Need help finding spelling or punctuation errors? Can’t find the right words to rephrase that sentence? Grammarly Business might be for you. It is an AI-based writing assistant tool that can help consulting firms improve their written communication. It uses natural language processing and machine learning algorithms to identify and correct grammatical, spelling, and punctuation errors.
#10 Tableau
Many large enterprises use Tableau to help manage data and discover business insights, but most Tableau users are companies with 50-200 employees, including many consulting firms. Tableau is an AI-based data visualization tool that can help consulting firms create interactive and insightful dashboards and reports. It uses machine learning algorithms to analyze and present data in an easy-to-understand and actionable way.
Summary: Always Remember GIGO
Although the list compiled by Chat GPT is far from exhaustive, it includes a range of tools already used by many consulting firms (including Deltek) and several others that may be worth exploring. Some of the tools are free, while others may require license fees (and may include legal terms that need to be thoroughly reviewed). I find AI tools very useful for formulating outlines and discovering topics. However, as they say in computer science – GIGO! (garbage in, garbage out) – the more detailed and nuanced the prompts, the better the responses will be. Also, keep in mind that specific use cases in one organization may not apply to your firm, so always consider the business and legal implications of any particular AI tool.