Artificial intelligence has invaded our daily lives. Virtual assistants do our shopping for us and heat and cool our homes autonomously. On the silver screen, even Tony Stark’s sidekicks JARVIS and FRIDAY take care of most daily tasks. Companies are not only turning to artificial intelligence to build these revolutionary products and services, they are also using it to strengthen their internal systems.
With its potential to disrupt nearly every aspect of communication email list life and business, it’s no surprise that AI is at the top of CIO budget priorities in 2021. The intrigue of AI has many organizations moving forward with new implementation ideas. But without the right framework, these grand visions are quickly deflated.
Consider these 5 important questions before investing in AI:
An MIT Sloan report reveals the dangers of jumping in first: 40% of organizations that have made significant investments in AI report little to no business gains from its use. little to no business gains from its use . Here’s how you can set the stage to beat that statistic and become a major AI player.
Does the AI initiative you have chosen align with a real business objective?
Don’t just implement AI for the sake of it; you need to ensure it will deliver real value to your organization. Can you use it to eliminate inefficient processes, reduce costs, capture a new profitable opportunity, or contribute to a high-value project? Select a use case that is more than just a sleight of hand by choosing a technology that aligns with a concrete goal that can make a difference in your organization.