Meaning ● Algorithmic Mediation, in the context of SMBs, represents the use of automated systems and algorithms to facilitate, manage, or influence business processes and decisions. It applies to SMB growth by streamlining operations, often reducing costs and enhancing efficiency through automation. This involves the implementation of software that makes choices or recommendations, typically impacting marketing, supply chain management, customer service, and financial forecasting. ● Automation achieved through algorithmic mediation enables quicker response times, improved accuracy in data analysis, and more personalized customer interactions.
