Business leaders at each level see the value of using artificial intelligence, but use AI with good where the right value is.
Here, there may be a text guide from the leading stream. According to a recent Deloitte survey, early adopters of AI taking 2% of AI are seeing positive financial results from their investment in cognitive technology with an average return on investment of 1 c%.
The biggest difference between a successful AI project and a failed one? Whether it’s driven by technology or business needs, says Nitin Mittal, head of analytics and cognitive proposals at Delite Consulting.
Organizations seeking to maximize AI focus: “Focus on specific use cases that can lend themselves to AI. Focus on business objectives that need to be achieved, verify value, and measure. That’s where we’ve seen a lot of success.”
Here are eight tips for converting artificial intelligence projects into business value, said by those taking real-world benefits from AI.