Crayon : Artificial Intelligence | Adding Value To Your Business

Artificial Intelligence | Adding Value To Your Business

2021/01/29 16:54In Consulting Services, Thought Leadership, Indirect Resellers, Direct Customers

Artificial intelligence has been booming and showing no signs of slowing down. Our monthly newsletter covers all of the breaking stories in AI, along with future trends and new tools.

Understanding The Value Of Artificial Intelligence Solutions In Your Business

In recent years, artificial intelligence (AI) has entered the mainstream business landscape as a critical path to advance in the digital economy. However, there is still a strong misconception in the business world as to what AI is and how it contributes to the digital transformation of an organization.

Oftentimes, leadership teams attempt to develop the company's digital transformation strategy by setting strategic goals such as, 'implement AI-based solutions to realize xx% revenue gains,' or 'implement AI to increase productivity and efficiency.' These vague, high-level strategic goals betray a lack of understanding of the capabilities of AI-based solutions and how it could really add value to businesses.

Artificial Intelligence (AI) project fails: Stop blaming the talent gap

When Artificial Intelligence initiatives fall short, the blame is often placed on a skills gap. But there's more to it. Does your organization prioritize these three foundational AI pillars?

1. The right foundation
2. Company-wide collaboration and training
3. Proper production environment

With these three pillars in place, you can start realizing the business value of AI earlier.

Artificial Intelligence 101 AI Chatbot

A chatbot is software that can simulate a user conversation with a natural language through messaging applications. It increases the user response rate by being available 24/7 on your website. An AI Chatbot saves your company time, money, and results in better customer satisfaction.

The Future of AI

Five ways to make AI a greater force for good in 2021:

1. Reduce corporate influence in research
2. Refocus on common-sense understanding
3. Empower marginalized researchers
4. Center the perspectives of impacted communities
5. Codify guard rails into regulation

More information here.

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Content CornerThe Pros and Cons of Hosting Software On-Prem and in The Cloud

Widespread adoption of the cloud has led many vendors to shift focus from their on-premises solutions. The rise of the cloud is forcing organizations to ask which is best for their business, hosting their applications on-prem or in the cloud? The cloud offers freedom from hardware constraints, agility, and scalability, while on-prem delivers better security total ownership. With the cloud's growing popularity, it is easy to understand why this is such a hot debate. Read as we compare the pros and cons of both and which one would be better for your infrastructure.