Maximize AI Outcome - Essential Building Blocks
Artificial Intelligence continue to shape our world and imagination. Industry analysts continue to project increasing adoption rate in multiple industries. Algorithms we invented have led to huge advances in several different industries. While it touched our imagination with self-driving cars, it entered our lives unannounced through suggestions on what to buy and what to watch. Now it is touching almost all walks of life – gaming, healthcare, fraud detection, court verdicts, insurance claim, hiring and so on. Machines are getting smarter and AI is increasingly integrated in to our daily lives. But the path to AI nirvana for enterprises is often a slippery slope. Those who got the basic building blocks established were successful in driving business outcomes leveraging AI. In part-1 of this series, I have discussed few use cases of AI. In this article let us explore basic requirements enterprises should possess to exploit the potential of AI and other digital technologies.