What is Artificial Intelligence?
Artificial intelligence (AI) refers to the use of advanced analysis and logic-based techniques like machine learning (ML) for interpreting events, supporting and automating decisions, and taking action. AI techniques can enable IT leaders and data analysts to solve an array of business problems and generate a considerable return on investment (ROI).
The main opportunities of artificial intelligence to create or accelerate the growth of the digital business are:
How to successfully implement an enterprise AI strategy
Implementing an enterprise-wide AI that identifies use cases, aligns business and technology teams, quantifies benefits and risks, and changes organizational competencies to support AI adoption will help the organization to capture the maximum benefits of AI.
Key elements of enterprise AI strategy include:
AI vision: Identify the focus areas that promote and enable organization-wide fluency and adoption of AI.
AI risks: Assess your exposure to different key areas of risk, comprising regulatory, reputational, and organizational. Also, assess the mitigation plans for these risks.
Continue reading: https://wire19.com/ai-in-business-how-to-use-artificial-intelligence-to-improve-businesses/
Artificial intelligence (AI) refers to the use of advanced analysis and logic-based techniques like machine learning (ML) for interpreting events, supporting and automating decisions, and taking action. AI techniques can enable IT leaders and data analysts to solve an array of business problems and generate a considerable return on investment (ROI).
The main opportunities of artificial intelligence to create or accelerate the growth of the digital business are:
- By identifying better ways of doing things by advanced probabilistic analysis of outcomes.
- By directly interacting with systems that take actions to minimize human-intensive calculations and integration steps.
How to successfully implement an enterprise AI strategy
Implementing an enterprise-wide AI that identifies use cases, aligns business and technology teams, quantifies benefits and risks, and changes organizational competencies to support AI adoption will help the organization to capture the maximum benefits of AI.
Key elements of enterprise AI strategy include:
AI vision: Identify the focus areas that promote and enable organization-wide fluency and adoption of AI.
AI risks: Assess your exposure to different key areas of risk, comprising regulatory, reputational, and organizational. Also, assess the mitigation plans for these risks.
Continue reading: https://wire19.com/ai-in-business-how-to-use-artificial-intelligence-to-improve-businesses/
