Business Population of the UK

There were 5.5 million small businesses, out of total 5.6 million businesses in the UK at the start of 2021.

Of these, 4.2 million small businesses had no employees, which means they are wither sole-proprietors or companies with Director as sole employee.

Global Business Population

It is estimated that there are around 400 million small businesses globally. SMEs represent around 90% of businesses and 50% of worldwide employment. Over 90-95% of Global firms are small businesses and in emerging economies, small businesses contribute more than 40% of the GDP.

Small businesses or "SMEs" are the backbone of the economy.

This clearly demonstrates the need to improve tools and systems for the SMEs to be better performing businesses and AI (Artificial Intelligence) and ML (Machine Learning) will play a major role in helping SMEs achieve continued and sustained success.

Your Business

Every Business - whether Small or Big - has Data. While every business is unique, every business has two types of Data - internal data and external data - and most small businesses fail to analyse these datasets to improve their business systems and processes.

Big Businesses have resources to analyse their Big Data and implement AI + ML, while Small Businesses do not have resources or time to analyse the data to improve their processes.

Ace of Biz develops AI + ML powered Apps for SMEs.

Most small businesses feel that AI and ML cannot help their business because they are only for the large businesses. SMEs also feel that they do not have resources to take the advantages AI and ML can offer.

Ace of Biz is developing Business Applications that will allow the small businesses to make full use of AI and ML capabilities.

How will Ace of Biz help SMEs?

Ace of Biz is developing apps that will be No Coding Apps and there will be No Learning Curve for sole proprietors and small businesses. If there is any need for help with onboarding our experts will be available to help you sign up and take advantage of artificial intelligence and machine learning in your business.

Are there tasks in your business life which you hate most? Do you think AI can help you?

Let us first try and understand the meaning of Artificial Intelligence or AI.

Artificial intelligence (AI) is intelligence demonstrated by machines and software systems, as opposed to natural intelligence displayed by humans.

The term AI is usually applied to the task of developing software systems or web applications endowed with the intellectual processes characteristic of humans. These systems mimic the abilities of humans such as the ability to reason, discover meaning, generalize the repetitive tasks, or learn from past experience.

Ace of Biz is developing AI empowered business utilities which can save you time and money by learning your business processes, so you do not have to learn many tools and systems.

AI Algorithms

AI Algorithms can be defined as set of procedures, programmes and system which can help machine learning by analysing the data. Different types of AI Algorithms are:

1. Classification Algorithms - these can be used to classify emails as spam or not.
2. Regression Algorithms - popular supervised machine learning algorithms to predict output.
3. Clustering Algorithms - organizing the data points into groups based on similarities as an unsupervised learning.

An AI algorithm is a computer software that tells the computer how to learn to operate on its own. In turn, the device continues to gain knowledge to improve processes and runs tasks more efficiently.

AI + ML + RPA Apps planned by Ace of Biz

With AI-powered business applications, you can automate time consuming and routine processes.

We are developing the right AI + ML technology empowered business Apps to help you:

Save time,
Save costs,
Identify new opportunities,
Improve operational efficiencies,
Improve efficiency and productivity, and
Achieve better work-life balance.

Leveraging power of AI, Ace of Biz will free you from learning about your day-to-day business chores of running your business. If you are just starting up your new business, then Ace of Business can help you in your journey from being a 'Job Seeker' to a 'Job Creator'.

We are working on developing business applications, that enhance business processes. As an owner of small business, you have limited resources and time at your disposal. We want to save your time so that you can concentrate on your business.

When you are working round the clock to keep your business running, most of your time is prioritised on many important tasks. This leaves you with very little time or energy to tend to the smaller business chores and tasks like keeping business records, administrative work, customer service and marketing for your business.

We are developing business systems that learn from your actions and their environment and take actions that maximize your chance of saving and time for you so that you can achieve your business goals.