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    You are at:Home»Business»Microsoft introduces Copilot Agents to enhance business efficiency in the Philippines
    Business

    Microsoft introduces Copilot Agents to enhance business efficiency in the Philippines

    TechStyleJourneys TeamBy TechStyleJourneys TeamOctober 27, 2024Updated:October 31, 2024No Comments4 Mins Read
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    Microsoft is at the forefront of digital transformation with the introduction of new autonomous agents designed to revolutionize business processes. This groundbreaking development promises to provide unprecedented support and efficiency for organizations worldwide, including the Philippines. 

    Currently, 60% of the Fortune 500 are leveraging Microsoft 365 Copilot to accelerate business results and empower their teams. With Copilot, Lumen Technologies projects $50 million in annual savings, Honeywell[1] equates productivity gains to adding 187 full-time employees, and Finastra has reduced creative production time from seven months to seven weeks. These successes underscore the transformative potential of AI in enhancing productivity and driving growth.

    Introducing New Agentic Capabilities 

    Building on these gains, Microsoft announces the launch of new agentic capabilities that will bring AI-first business processes to every organization. Starting next month, businesses can create autonomous agents through Copilot Studio, which will be available in public preview. This feature empowers organizations to design, manage, and connect AI agents to Copilot, allowing a seamless integration of AI-powered solutions into their workflows. 

    In the Philippines, autonomous agents are poised to make a significant impact. The 2024 Work Trend Index reports that 86% of Filipino knowledge workers are already using AI at work[1], showcasing the country’s leadership in AI adoption. The ability to create and deploy AI agents will empower Filipino businesses to streamline operations, enhance customer service, and improve overall efficiency. Industries such as retail, finance, and customer service stand to benefit greatly from these innovations, automating repetitive tasks and allowing a focus on more strategic initiatives. 

    Moreover, Microsoft is launching ten new autonomous agents within Dynamics 365, aimed at enhancing the capacity of sales, service, finance, and supply chain teams. These agents represent a shift from legacy business applications to AI-first business processes, providing organizations with a competitive edge in today’s fast-paced market. For example, the Sales Qualification Agent helps sellers prioritize and engage with high-potential leads, while the Supplier Communications Agent optimizes supply chains by autonomously tracking supplier performance and responding to delays. 

    Earlier this year, Microsoft introduced powerful capabilities within Copilot Studio, including the creation of autonomous agents. With these capabilities now moving from private to public preview, more organizations can harness AI to reimagine critical business processes. Companies like Clifford Chance, McKinsey & Company, Pets at Home, and Thomson Reuters are already leveraging autonomous agents to boost revenue, cut costs, and scale their impact. In the Philippines, local businesses can follow suit, using AI to drive efficiency and innovation. 

    Commitment to Security and Internal Successes with AI 

    As AI agents become more prevalent, ensuring robust data governance and security is paramount. Microsoft is committed to maintaining stringent security measures, including data loss prevention and authentication protocols, to protect customer data and ensure compliance. This focus on security and privacy is especially relevant for businesses in the Philippines, where data protection is a critical concern. 

    Microsoft is also leveraging Copilot and autonomous agents internally to enhance its own business processes. By implementing these AI solutions, one sales team achieved 9.4% higher revenue per seller and closed 20% more deals[1], one team is resolving customer cases nearly 12% faster[2], while the marketing team saw a 21.5% increase in conversion rates on Azure.com[3]. And in Human Resources, employee self-service agent is helping answer questions with 42% greater accuracy[4]. These successes demonstrate the potential of AI to drive significant improvements in performance and efficiency. 

    With Copilot and autonomous agents, the possibilities for innovation and efficiency are endless. Microsoft invites businesses in the Philippines to start building their own agents in Copilot Studio today, reimagining their processes and driving growth with AI. For more information, visit the Copilot Studio and Dynamics 365 blogs, and explore Microsoft’s AI transformation on WorkLab.  

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