In recent years, artificial intelligence, machine learning, and other efficient systems have been adopted by businesses to increase productivity in the workplace. There’s no denying that the use of AI and automated systems can give your business a competitive advantage. “In fact, 91% of the 700 global C-suite executives surveyed by Forbes Insights agree that AI adoption will help them outpace their industry rivals in the years ahead.”
So what does it mean to adopt artificial intelligence into your business? First, you must have a strong strategy in place along with organized data before you can begin to implement AI and see results. Without a strategy and an ample amount of data, AI seems to be least effective for businesses. Business owners may have to recreate and revamp their data to fit the “AI mold.” “82% of the executives we surveyed say the data from at least some of their departments or functions is AI-ready, only 14% say their data is ready enterprise-wide.” It’s common for business owners to be interested in AI, but in reality, they may have a lot of reworking data and information to do before AI is a feasible means of progression.
This means data that is repetitive, overlapping, incomplete, or irrelevant may hinder the implementation of AI in the business. You can develop a new strategy and fit your data so it’s AI-compatible. Your strategy should reflect your business goals while thinking of the future of your business. Ask yourself what you’re trying to change, what goals you’re trying to reach, and what problem or issue you want to solve with AI.
AI is becoming rapidly popular by the minute, and there’s no doubt it’s here to stay. So if you’re a business owner and you’re really interested in the benefits AI could bring to your business, it’s worth diving in and doing your industry research. See what type of strategy would work best for your business, and see what you need to do with your current data to prepare for AI adoption.
When you have questions about AI adoption, reach out to us at M&H Consulting and we can help you walk through the necessary steps. We offer professional IT consulting & support for small and medium-size businesses in the Boston and surrounding New England areas. We are based in Natick, Massachusetts, and offer full-service technical support and development focused on all the technical needs of the small business.
Categorised in: Artificial Intelligence