AI Strategies – Incremental and Fundamental Improvements

Summary: Before starting to develop an AI strategy, make sure your team understands the limits of what is reasonable today, as well as incremental improvements that might be overlooked. Focus should be on your LOB leaders who understand the business. Make sure they are also able to recognize AI opportunities. I recently saw this chart from PricewaterhouseCoopers as part of their '2018 AI Predictions Report'. The statement was: 'we effectively utilize all the data we capture to drive business value' (strongly agree - 2200 C-level and IT respondents in large and mid-size companies internationally).