What is Your Artificial Intelligence Strategy?

What is Your Artificial Intelligence Strategy?

Artificial intelligence (AI) is driving rapid change across all industries. CEOs, CIOs, and other top management team members must reimagine their digital and business strategies at the corporate, competitive, and functional levels, leveraging opportunities that AI present, which vary across industries.

The winners will be firms where business and IT leaders collaborate, rethink, and innovate on how they create value using AI for the business and its customers and on how they apportion some reasonable part of that value among their key stakeholders.

This raises a question: Should firms formulate a separate AI strategy, or should AI strategy be part of their overarching digital strategy?

In the article published in IEEE IT Professional, we answer this question. First, discuss how organizations can harness AI for their advantage, illustrated with a few examples of business applications of AI. Then, they discuss how AI strategy relates to an overall digital or IT strategy and how to develop a digital strategy that also encompasses and supports the enterprise's AI strategy. Finally, we examine strategy implications for corporate leaders, IT professionals, and researchers.

Download the article free at: https://ieeexplore.ieee.org/document/9049296

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