More than half of technology executives in the 2019 Gartner CIO Survey say they intend to employ AI before the end of 2020, up from 14% today. Successful AI initiatives have the following in common:
Easily Understood: the project should be explainable in laymen’s terms, and should be an outgrowth of what the company is already doing.
Start Small: as with any tech initiative, starting small provides an opportunity to get feedback sooner, to prove results, and to pivot accordingly.
Keep it Up: AI is not a one time investment. To stay ahead, your business will have to continue to ensure that’s applying the lessons it’s learning, and continue monitoring this fast-evolving space.
In a recent report by NewVantage Partners, 75% of companies cited fear of disruption from data-driven digital competitors as the top reason they’re investing.