Artificial Intelligence (AI): How to plan a pilot project

Artificial Intelligence (AI) presents an opportunity for businesses in nearly every industry to evolve and improve business operations. The numbers speak for themselves: Data from Fortune Business Insights shows that the AI market size was valued at $27 billion in 2019 – a figure projected to reach $267 billion by 2027. It's no wonder enterprises are grappling to get involved in what is likely the most prolific technology of our time. But implementing an AI strategy is challenging, especially for legacy organizations and those who simply don't know where to begin. By definition, pilot experiments are carried out before large-scale quantitative research to avoid using time and money on an inadequately designed project.