High-Impact Use Cases
Optimize Student Enrollment and Retention
Increase Student and Faculty Performance
Donor Prioritization
Optimize Student Enrollment and Retention
It’s more important than ever for higher education institutions to cost-effectively bolster program enrollment and student retention. AI enables colleges and universities to target the right candidates, maximize tuition fee revenue, and promote retention activities at the lowest possible cost.
Increase Student and Faculty Performance and Engagement
AI helps colleges and universities improve student outcomes and engagement. Aible can improve student performance by recommending students who would benefit from study groups, additional tutoring, or extended office hours to prevent them from falling behind. It can also notify students prior to enrollment that they are at high risk of changing from their selected major and provide reasons why.
Donor Prioritization
Aible helps higher education administrators better target and optimize donor contributions and build stronger long-term relationships with contributors. Aible optimizes donor outreach and retention activities by predicting which donors are likely to contribute and the best engagement strategies for each contributor.
Drive Impact Across Every Constituent
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Students
Aible helps increase student performance and engagement by optimizing student activities, courses, and experiences that increase satisfaction and the likelihood of employment at graduation.
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Teachers
Aible helps teachers improve student performance by recommending students for study groups, additional tutoring, and office hours to prevent them from falling behind. Retain high-risk students by optimizing phone, in-person, email, and virtual retention activities.
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Administrators
Aible helps administrators optimize student welfare and promote retention activities at lowest possible cost by determining which students are more likely to drop out within a defined period, and how to optimally mitigate.
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Campus Faculty
Aible helps campus operations staff optimize limited resources to cost-effectively improve the health and safety of students, teachers, and administrators.
Student Retention
in Action
AI enables colleges and universities to optimize retention activities at the lowest possible cost. Watch this video to see how Aible in partnership with Boomi helps maximize student retention.
Bringing Impact Across Higher Education
Higher education faces myriad challenges ranging from student retention to operations effectiveness and faculty outreach. Educators and administrators are already applying AI to predict how student and faculty needs are evolving, and which activities, courses and experiences will increase satisfaction and engagement.
Administration
Student Retention
Maximize student welfare and promote retention activities at lowest possible cost
Program Enrollment
Increase new student enrollment and yield rates
Alumni Donor Prioritization
Maximize endowment capital campaign effectiveness
Faculty
Outreach Prioritization
Retain high-risk students
Teacher Retention
Reduce cost of re-hiring and prevent student disruption
Improve Student Performance
Identify students that would benefit from study groups, tutoring, and office hours
Campus
Operations Effectiveness
Reduce overtime and expedited shipment costs by effectively prioritizing resources and staffing for security, cafeterias, gyms, and across other university facilities
Preventive Maintenance
Lower maintenance, replacement and servicing costs for campus equipment, fleet vehicles, and other assets by proactively predicting the needs
Students
Student Engagement
Drive engagement by promoting student activities and courses
Likelihood of Employment
Increase likelihood of employment at graduation
Minimize Lost Credits
Notify students prior to enrollment that they are at high risk
High Impact Use Cases Across Industries
High Value Use Cases for Telecommunications
The telco industry continues to experience rapid change as consumer behavior shifts towards telecommuting, and the 5G rollout promises to open new opportunities. Aible helps telco companies reduce customer churn by targeting customers with the right tactics to maximize lifetime value at the lowest possible cost, while also optimizing leads across different product lines and sales groups. Aible also helps call centers increase customer satisfaction by proactively routing calls to the best available service group based on lifetime value and the complexity of the service call.
High Value Use Cases for Retail
The retail industry continues to be under tremendous pressure from online competitors and a more demanding consumer base. Aible helps leading retail organizations optimize and personalize promotions to maximize cross-sell and up-sell opportunities, monitor and take action against inventory loss from fraud and employee error, decide when to expedite inventory to match demand spikes, and reduce avoidable returns. Aible also helps retail stores optimize inventory, logistics and staffing, and make better data-driven decisions that take into account the long-term value of customers and how to prioritize them.
High Value Use Cases for Supply Chain
Artificial intelligence is rapidly being adopted by manufacturers as the next evolution of automation and is opening up new growth opportunities. Aible helps manufacturers optimize inventory expedites to balance carrying costs vs. revenue opportunities, improve conversion rates of sales teams by qualifying leads that better match ICPs, and improve employee retention by identifying workers at the greatest risk of churning in order to take proactive intervention. Aible also helps manufacturers minimize lost sales by identifying the potential stockouts that matter most so companies can take early action.
High Value Use Cases for Healthcare
The healthcare industry faces increased pressure to leverage technology to deliver better patient outcomes at lower costs. Aible helps leading healthcare organizations increase the quality of care, improve operational efficiency, and reduce fraud, resulting in increased revenue, reduced cost, mitigated risk, and better health outcomes. Aible enables providers to predict in advance patients likely to miss appointments and proactively contact them to improve healthcare and reduce clinician downtime as well as determine which members are likely to churn in order to target them with the optimal tactics.
High Value Use Cases for Banking
Banking leaders are already applying AI to win new business, evaluate creditworthiness, and reduce fraud, resulting in increased revenue, reduced cost, and mitigated risk. Aible helps banks reduce customer churn by gauging the risk of losing high-value customers and optimize sales by predicting the likelihood of a customer purchasing a given product, while optimizing the sales team’s resources. Aible also mitigates credit risk by identifying high-risk applicants to avoid unnecessary debt collection.
High Value Use Cases for Insurance
Leading insurance companies are already applying AI to predict how customer needs are evolving, improve claim management, and reduce fraud, resulting in increased revenue, reduced cost, and mitigated risk. Aible helps insurers optimize leads across different product lines and sales groups to maximize profits and determine which policies are likely to churn in order to increase retention. Aible also improves fraud detection by predicting which claims are likely to be fraudulent to optimize claim investigation resources and quickly process valid claims.
High Value Use Cases for Government
Governmental agencies are increasingly being asked to do more with less. The recovery from COVID places new demands, even as budgets tighten. Aible helps governmental agencies improve employee recruitment by identifying top candidates to pursue based on past outcomes and optimize employee retention by identifying employees at the greatest risk of churning in order to take early action. Aible also improves child and domestic welfare by identifying cases that are likely to require early intervention and mitigates unemployment fraud by proactively flagging fraudulent claim submissions.
Resources
BLOG
3 High-Impact AI Use Cases for Higher Education
Higher Education Is Facing Unprecedented Challenges. In the last decade, the US has seen an enrollment decline rate of over 2 million students. Now in the wake of Covid, institutions are faced with a fresh set of problems around student enrollment, student and faculty retention, donor engagement, marketing spend optimization and more.
May 2021
NEWS
Today’s AI isn’t prepared for the messiness of reality
Most AI practitioners are training their models in sterile environments using cleaned data. But future, real-world data will always be imperfect.
May 25th 2021
ON DEMAND WEBINAR
Strategy-First: The Key to AI Success
Businesses often unwittingly deploy a set of tactics with their AI that’s in conflict with their overall strategic objectives.
