“‘Among the 90% of companies that have made some investment in AI, fewer than 2 out of 5 report business gains from AI in the past three years,’ the report found. The survey found that companies with AI initiatives led by the chief information officer saw value in 17% of cases. But when other C-level…
Tag: ai strategy
2020: The Year Of Artificial Intelligence For Your Business
“Close to 40% of businesses use artificial intelligence (AI). This number was estimated at 5% to 10%, but a survey by IBM showed that we grossly underestimated the scale of AI’s existence. This number is set to grow to 80% to 90% over the next 18-24 months. Here are some processes and areas AI is making inroads in…
CIO outlook 2020: Building an explainable AI strategy for your company
“Four steps to building an AI-ready business Introduce AI Learning – Everyone in the company should have some knowledge of AI, so train them with one of the many online courses available today. Identify the Business Problem – Where would we like to cut costs? Where do errors most often occur? What parts of the…
AI: The Next Big Thing For Small Businesses, Too
“Almost every business leader I know has begun to — or is pondering the best way to — incorporate artificial intelligence (AI) into their 2020 growth plan. If deployed judiciously, however, AI can provide a clear advantage. A 2016 study conducted by Harvard Business Review found that sales teams incorporating AI enjoyed a 50% increase…