Getting stakeholder buy-in for AI initiatives is the KEY to success. But it's not just about convincing the C-suite. You need to win over EVERYONE from IT leaders to frontline employees. Why? Because AI isn't just software. It's a cultural shift that impacts your entire organization. Here's what most people get wrong: They focus solely on ROI and ignore the human element. Big mistake. Instead, you need to tailor your approach for each stakeholder group: ? Executives care about competitive advantage ? IT worries about integration and scalability ? Operational leaders want efficiency gains ? Innovation execs crave cutting-edge tech The secret? Address their unique concerns head-on. Show executives real-world case studies of AI success. Demonstrate to IT how easily it integrates. Paint a picture of streamlined workflows for ops teams. But don't stop there. Engage stakeholders throughout the process. Get their feedback. Make them feel ownership. And when you hit milestones? Celebrate publicly. It reinforces the value and keeps momentum going. Remember, successful AI adoption isn't just about the tech. It's about bringing your people along for the ride. Want to learn more about getting stakeholder buy-in for AI? Check out our full guide: https://lnkd.in/dTkyChui Keep building.
Multimodal
科技、信息和网络
New York,NY 1,116 位关注者
World’s First End-to-End Generative Process Automation Platform for Finance and Insurance
关于我们
Multimodal automates complex middle and back office workflows in financial services such as underwriting, claims processing, and loan origination. By augmenting people with Generative AI Agents, Multimodal helps teams move 4x faster and enables companies to reduce operating costs, speed up decision turnaround times, and deliver better customer and employee experiences – all while keeping customer data private and secure. Recognized for its superhuman levels of accuracy and near real-time decision making, Multimodal is the go-to Generative AI partner for enterprises seeking to modernize the way teams work. To learn more, visit us at www.multimodal.dev.
- 网站
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https://www.multimodal.dev
Multimodal的外部链接
- 所属行业
- 科技、信息和网络
- 规模
- 11-50 人
- 总部
- New York,NY
- 类型
- 私人持股
- 创立
- 2022
地点
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主要
205 Hudson St
7th Floor
US,NY,New York,10013
Multimodal员工
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Claire Grosjean
Global Finance & Operation Executive | CFO | S/VP | Expert in Financial Innovation | Operational Excellence in High-Tech & Financial Services |…
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Russ Sacks
Co-Founder & EVP of Innovation and Data Science at Kythera Labs
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Thomas Shaw
Chief Marketing Officer / Chief Technology Officer @ OCMBC, INC.
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Ram Narayanaswamy
VP Business Transformation @ Lloyds Bank | 6 Sigma Black Belt
动态
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This might be the most comprehensive list of AI KPIs I’ve ever seen—34 in total! From accuracy and F1 scores to track model performance, to cost savings and revenue growth for business impact, this list covers it all. But here's the thing: numbers alone don't tell the full story. The real question is, how do these metrics translate into real-world success? Take customer satisfaction. Measuring it is one thing—but what does an improvement mean for your business? More retention? Higher lifetime value? These are the connections that drive real insights. And we can’t overlook the ethical side. Regulatory compliance and adherence to ethical standards are essential KPIs that often get lost in the shuffle. If you're implementing AI (or planning to), this guide lays the groundwork for measuring success and pinpointing areas to improve. ?? Ready to take a closer look? Read the full article here: https://lnkd.in/dTQ2BUAj Let’s keep pushing the boundaries of what AI can achieve. I’d love to hear your thoughts!
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Check out Ankur Patel's insights on measuring AI ROI—because it's about more than just numbers. Here's the formula, the framework, and the factors that really drive value.??
Founder & CEO @ Multimodal. Author, speaker, and podcast host. We automate complex workflows for customers in finance and insurance using generative AI agents.
I took a closer look at how businesses can measure AI ROI effectively. Here's the lowdown: It's all about comparing implementation costs against the benefits. Use this formula: ROI = (Net gain / Investment Cost) x 100 But here's the real deal - it's not just about the numbers. You've got to: 1. Identify your key metrics (work with your CFO on this) 2. Make baseline assessments (understand where you're at now) 3. Research implementation costs (consider everything from licensing to downtime) 4. Gather data (real or projected, depending on where you're at) 5. Calculate ROI (using that formula) The metrics that matter most? Operational efficiency, cost savings, revenue increase, and customer satisfaction. Now, it's not all smooth sailing. Challenges include poor data quality, difficulty attributing specific outcomes to AI, and the need for longer timeframes to measure accurately. But here's the kicker - AI ROI is about more than just financials. It's about the impact on your entire business performance and capabilities. Want to go deeper? We've got a full breakdown on our site. https://lnkd.in/esV-ydTE Keep innovating, keep measuring, and keep pushing for that competitive edge.
How to Calculate AI ROI for Your Business
multimodal.dev
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What if your business could handle complexity with ease, lower costs, and boost efficiency—all through smarter collaboration between AI systems? Multi-Agent Systems (MAS) can bring clarity and order to even the most challenging workflows. But what exactly MAS could mean for your operations? - Autonomy & Collaboration: Discover how teams of intelligent AI agents work independently yet collaboratively to solve intricate problems. - Adaptability & Scalability: Learn how MAS can dynamically adjust to new challenges and scale effortlessly with your growing needs. - Real-world Applications: From fraud detection in banking to portfolio management in finance, see how MAS is already making a significant impact across industries. This comprehensive guide not only compares single-agent and multi-agent systems but also provides practical guidance on choosing the right architecture for your organization. Whether you're looking to improve operational efficiency or tackle large-scale tasks with ease, understanding MAS is key to staying competitive. ??https://lnkd.in/dvPtqmhS
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The first edition of our Multimodal AI Lab newsletter is here! ?? We explore the future of insurance—covering everything from balancing automation with the human touch to seamlessly integrating AI into legacy systems. Don’t miss these insights to navigate the path forward with confidence!
AI That Works for You—and Your Clients: A Guide for Insurance Agents
Multimodal,发布于领英
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Christopher Frankland, Global Head of Product and Innovation at Cover Desk, shares insights on reshaping the insurance industry. He encourages teams to embrace design thinking and become problem solvers, evolving beyond routine tasks to leverage technology as a powerful tool for transformation. Catch the full conversation here and discover how a problem-solving mindset can unlock new pathways in InsurTech! https://lnkd.in/dEdNbk-2
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Join us to explore how AI is transforming finance and insurance. Multimodal AI Lab newsletter, written by Ankur Patel, offers a fresh perspective on industry trends, innovation, and practical insights. Subscribe now to stay informed and inspired.
Welcome to the Multimodal AI Lab Newsletter
Multimodal,发布于领英
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MEET AGENTIC AI: THE VANGUARD OF MODERN ENTERPRISE Agentic AI is a transformative approach that empowers businesses with autonomy and adaptability. We’re talking serious upgrades: getting through complex workflows faster, making smarter decisions, and moving beyond old constraints. So, what does Agentic AI bring to the table? - Autonomy: Handle demanding tasks with minimal human intervention. - Adaptability: Continuously learn and adjust to new data in real time. - User Experience: Engage naturally through interactive systems that improve over time. Want the details on how Agentic AI is delivering these gains? https://lnkd.in/dQHqdBjQ #AgenticAI #MultimodalAI
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Tune into the latest episode of Pioneers to uncover how Generative AI and agile methodologies are shaking up the insurance industry. We’re talking bold moves and big insights with Christopher Frankland, Global Head of Product and Innovation at Cover Desk. ?? Discover how Generative AI is transforming customer interactions in insurance by: - Bridging gaps between insurers and customers through data-driven insights. - Automating claims processing, leading to faster resolutions and reduced admin burdens. - Tackling challenges posed by legacy systems with innovative solutions that integrate seamlessly without disruption. - Enhancing efficiency using agile methodologies and RPA for smoother workflows. - Maintaining a human-centered approach to ensure empathy remains central in complex interactions. This episode offers invaluable insights into balancing technology-driven efficiency with meaningful customer engagement. ?? Don't miss out on learning how these cutting-edge innovations are reshaping the landscape of InsurTech! https://lnkd.in/e_ai3U3g #AIinInsurance #InsuranceInnovation #PioneersPodcast``
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AI has moved from hype to impact, and insurance is feeling it. In this week’s Pioneers podcast, Christopher Frankland unveils how Generative AI is fueling a customer-centric shift, pushing insurers closer to the real needs of their clients. From predictive analytics to fully integrated platforms, AI is redefining the industry by moving companies from routine transactions to personalized, insightful engagements. Catch this clip for a sneak peek, and set a reminder for tomorrow’s episode for an in-depth look at the future of InsurTech. Don’t miss out!