Using AI to find bonus value hidden in your company's data

Artificial intelligence achieved prominence in 2017 as companies looked to automate how they derive value from data. Following years focused on collecting data, where Hadoop and big data management dominated the conversation, organizations are now turning their attention to machine learning and other forms of AI to better extract meaning for that data and to open up new business models, products, and services. For perspective, 451 Research expects the total data market to reach nearly $140 billion in 2021. Couple that with a rapid rise in job creation for AI skills and you have the telltale signs of big opportunities. Recently, the AI Index report from Stanford noted that the share of jobs requiring AI skills in the U.S. has grown four and a half times since 2013. To put data to use with a focus on AI, organizations should recognize that organizational change is as important as technological change.