You cannot be a digital giant overnight. Digitalising businesses should avoid launching into all-encompassing AI initiatives without careful understanding and planning of what they need to achieve. To advance this practically and effectively they should start by focusing on quick wins, building AIs to address well understood, immediate opportunities with a clear impact upon operations.
Try smaller projects and the results may well make a huge difference in three areas.
- Process Automation
- Cognitive Insight
- Cognitive Engagement
To do so you will need to:-
- Understand your customers and future behaviour
- Understand the technologies
- Create a portfolio of projects
- Launch pilots
- Focus on low hanging fruit
- Scale up
AI- don't be seduced by the hype!But be ready to be seduced
It’s easy to forget in the digital age that data represents the real-world, an object, a physical property, an event. Understanding data needs people who understand what it represents – material strain, temperature readout, chemical reactions. It is these people who can apply this knowledge and rigorously apply it to design effective AI training regimes.