“Digitization as a necessary first step for many AI projects
At first glance, it may seem that digitization has nothing to do with AI. However, digitization is a necessary first step to extracting value from data that is locked in non-digital assets or human-based processes. By first digitizing and then digitalizing processes and documents, greater value can be applied to business organizations letting them tackle increasingly harder business problems of increasingly more strategic value. Without the foundational layer of digitization, organizations can’t apply higher level technology such as AI and ML to extract additional value. After all, data is the foundational layer upon which information, understanding, and insights can be gathered.”