Disruption from artificial intelligence (AI) is here, but many company leaders aren’t sure what to expect from AI or how it fits into their business model. Yet with change coming at breakneck speed, the time to identify your company’s AI strategy is now.
If you are thinking of innovation, AI would be driving it and would be one of the strategic imperatives in your organisation.
But surprisingly, although three-quarters of executives believe AI will be the trigger to get into new businesses, only about one in five companies has incorporated AI in some offerings or processes.
According to a MIT Sloan survey, more than 80% of organizations see AI as a strategic opportunity and only a quarter have started to adopt AI.
AI is the buzz word today and is disrupting businesses like never before, but many company leaders aren’t sure what to expect from AI or how it fits into their business model. Yet with change coming at breakneck speed, the time to identify your organisation’s AI strategy is now.
The AI market is likely to touch $60 billion by 2025 from $2.5 billion in 2017. However, how organisations will synchronise AI into their set-ups is a big question mark.
IBM with experience of over 16,000 AI engagements is enabling organizations to progress toward data maturity, prepare data for AI and drive business insights.
It is helping organisations to learn how to empower their businesses with the power of AI and how to deal with integration and other challenges.
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