How to scale up your AI initiatives

#artificialintelligence 

Most business executives believe they need to harness artificial intelligence (AI) to stay ahead of the pack and grow their business, but they often fail to scale up their AI initiatives across their organisations, according to an Accenture expert. Citing a global study by Accenture, Lee Joon Seong, managing director for applied intelligence in ASEAN at the consulting firm, noted that while 88% of global executives believed they needed AI for their business to survive, the same proportion also struggled to scale AI initiatives beyond the pilot stage. "A lot of people understand the potential of AI and have embarked on AI initiatives, but not many have fully realised their full potential," said Lee. The ability to scale is seen as a barometer of success in AI adoption, given the time, talent and resources involved in AI projects. Here's what organisations can do to scale up their AI initiatives: Earmarking AI as part of your business strategy sounds obvious, but many organisations still struggle to get that right.

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