How to Set Up an AI Center of Excellence

Artificial intelligence is one of the most powerful technologies for reshaping business in decades. It has the ability to optimize many processes throughout organizations and is already the engine behind some of the world's most valuable platform businesses. In our view AI will become a permanent aspect of the business landscape and AI capabilities need to be sustainable over time in order to develop and support potential new business models and capabilities. Specifically, we believe that companies need to establish dedicated organizational units to entrench AI. This is an important business tool that cannot be left to bottom-up whimsy.