ongoing struggle
The Ongoing Struggle to Convert Data Science to Business Value - RTInsights
Most businesses are new to artificial intelligence and face daunting challenges when trying to scale their efforts that seek to derive business value from data. Get artificial intelligence right, and generate $460 billion in additional revenues. That's the estimated gains today's companies may see if they do three things: improve data practices, trust in advanced AI, and integrate AI with business operations. However, most companies have not gotten the memo. That's the word from Infosys Knowledge Institute, which finds in its latest study that while the potential for AI-driven gains are significant, most companies are still struggling to "convert data science to business value."