There is no doubt in anybody's mind that AI is the next revolution and no Enterprise can survive without maximizing it's usage. Over last 2 to 3 yrs early adaptors have ventured in this journey, many are experimenting and some are still planning. Important for all to plan & create your AI journey. These pointers will help you do that
- Clear Strategy & Vision: It's for you. Please define the goal of AI implementation and how it aligns with your overall business strategy
- Data Infrastructure: Any AI implementation is as good as High-quality, relevant Data available with the Enterprise. Often the most ignored or missed out aspect. Ensure robust Data Management Systems are in place to collect, store and process data
- Customer Journey Mapping: Key element to ensure providing the wow experience that is expected by your Customer (both Internal & External). Each investment should address any one or all of these KPI's - Efficiency, Productivity, Customer Experience or Cost Reduction
- ROI: Again one of the key elements to ensure sustainability of AI Implementation. Before you venture ensure targeted ROI
- Skill Development: Invest in Training & Development for Employees in Data Science. Machine Learning & AI Technologies
- Data Governance & Compliance: Established policies for Data Privacy, Security and Ethical use of AI to comply with regulations and build trust
- Change Management: Prepare the Organization for Cultural Shifts and change sin Workflows that AI implementation may bring
- Pilot Project: Fail early, learn & restart is the key. Small Pilot Projects helps to test AI concepts, evaluate outcomes and gather insights before scaling up
- Budgeting & Funding: Secure funding for AI initiatives, including technology investments and potential staffing needs
- Partnerships & Ecosystem: Don't reinvent the wheel. Leverage the knowledge already available with Partners, Vendors & AI Specialist
Best of luck on your AI Journey
