Do Businesses Have to Adjust to AI?

  • admin
  • January 5, 2024
  • 7 minutes reading

Artificial Intelligence (AI) has helped improve automation in our daily lives. We are using this technology to enhance processes and services to live more conveniently. Various industries are already implementing and adopting AI into their systems to boost productivity levels. But are we maximizing the benefits of this new technology?

 

How Many Companies Actually Implement AI Correctly?

Many organizations struggle to implement artificial intelligence effectively. In fact, only one in ten companies are currently reaping the benefits of this technology. Simply automating business operations is not enough. For successful enterprise AI implementation, companies need to consider long-term data-driven strategies.

 

Why Is It Important for Companies to Implement AI Correctly?

Businesses must implement AI correctly to benefit from it fully. To achieve this, organizations must align their business objectives with AI. This ensures that they maximize their return on investment, drive growth and diversification, and generate revenue. Therefore, companies must understand the relationship between their business and Artificial Intelligence.

 

How Organizations Adjust to AI Implementation

There is no doubt that AI implementation is trending in all industries. Around 93% of businesses will use AI in one form or another in 2021. Applying enterprise AI in your business can change each area of your organization. Here are a few ways how companies can adjust when implementing AI:

 

Putting Investments in Technological Infrastructure

Conducting an organization-wide transformation without applying a holistic approach at the onset can make your attempt fail right from the start. This is one of the reasons why companies are failing in their endeavor to integrate AI into their systems. That said, one of the adjustments organizations need to make is to go digital. This means owners must invest in the right tools, data scientists, technological platforms, and other essentials to make the transition.

 

Data is a critical aspect when it comes to an AI-driven transformation. After all, data is one of the most powerful resources available today; hence, it plays an important role in any digital transformation. By possessing both machine learning tools and the necessary tech infrastructure, companies will be able to make the transition into a digital platform.

 

Improve Data Fluency of Workforce

Data fluency and data literacy are the primary competitive differentiators for any data-driven business. A workforce that is fluent in data can easily understand, analyze, and interpret data and then deliver it to their managers effectively. This skill is important in organizations that are making the shift to digital infrastructure.

 

However, many companies are struggling with data fluency, which is one of the reasons why AI implementation in the workplace is becoming difficult. It is predicted that up to 75 million jobs will disappear because of digitalization. This means that if an organization fails to work on its data fluency, it will be at high risk of failure. This is why companies these days are working on improving data fluency.

 

Upskilling your employees is one way to bridge the gap and create a data-fluent and literate workforce. Owners and managers can determine this by conducting meetings to see what skill areas their personnel need to develop. Gradually upscaling your employees will help them go beyond the basics of computer use, benefiting them and your business.

 

Implementation of Enterprise AI Governance

It is essential to keep in mind that implementing AI in any organization must be governed by rules. If AI remains unregulated, it will wreak havoc in the industry, which can affect businesses post-AI implementation. That said, companies need to be hands-on when it comes to creating AI-based solutions for their businesses to ensure that they adhere to their governance policies.

 

AI governance policies are a list of rules that are adhered to during the development and implementation phase of AI technology. These policies are related to data collection, sharing, and usage.

 

Role of AI in Organizations

AI plays a significant role in various industries. To maximize profits and ROIs, organizations need to understand the symbiotic relationship between humans and AI. Automated machines should work in conjunction with their human counterparts and not supersede them. This means that AI bridges the gaps left behind by human personnel.

 

AI’s role in an organization depends on the level of human intervention required when it comes to decision-making, data assessment or evaluation, and implementation. For instance, AI can function as a data evaluator in an organization as it can quickly go through tons of data. On the other hand, AI can also work as an Automator, where it assesses and analyzes data and makes decisions based on its information without human intervention.

 

AI can also function as a decision-maker, providing insights and recommendations to determine any strategic insights derived from the data acquired. The technology can change its functions based on what is needed from it.

 

Therefore, organizations must make necessary adjustments when implementing AI to avoid the pitfalls that others have fallen into. By doing so, they can leverage AI’s positive impact on their business by using it solely for its intended purpose and maximizing its potential.

 

AITS AI-Based Solutions

Finding the right AI technology to implement in your business takes a lot of work. Unless you have a full understanding of what your company is missing, it is important that you do your research on the different AI-based solutions available today.

 

Fortunately, there are plenty of options and companies to approach for your transition to digital infrastructure. In fact, we at Artificial Intelligence Technology Solutions (AITS) offer several AI-based solutions geared towards automating processes to boost an organization’s productivity levels and revenues, too.

 

For example, our SCAN2i technology helps organizations monitor their Audiovisual rooms and equipment in real-time. This program monitors the wear and tear of your Audiovisual equipment to predict any issues that may crop up. Through predictive maintenance, you will be in the best position to order maintenance to minimize downtime and reduce costs as well.

 

CHOPE.AI is a room booking platform that helps your organization maximize the usage of office space. This is particularly important as more companies move towards a hybrid setup. With CHOPE.AI, users can easily book a desk or room for conferences, meetings, or presentations in advance. The booking system is seamless and allows users to specify the number of attendees, duration of use, and other details.

 

CHOPE.AI also monitors the number of people inside the room, tracks energy resources used, and uses facial recognition technology to ensure that only authorized personnel can access the facilities.

 

These are just a few examples of AI-based systems ready for implementation under AITS. That said, our goal is to assist companies in seamlessly transitioning to an automated infrastructure. After all, organizations need to take advantage of this technology not only to have more efficient processes and services but also to improve their reputation and revenue.

 

Why Choose AITS?

At AITS, we prioritize your needs and strive to provide the best possible solutions for your business. If you’re looking for assistance determining which of our available solutions can help address your current business challenges, please email us at sales@aitssg.com. We are confident that we can find the right solution for you. This is the perfect opportunity to transition to an AI-based infrastructure, and we’re here to help you find the right tools to stay ahead of the competition.

Artificial Intelligence, Digital Transformation