“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…
Tag: ai strategy
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…