108 - Understanding AI for business and how to develop AI strategy

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Understanding AI for business and how to develop AI strategy for your organization is vital for everyone. Navigating the complex world of AI for business can be a daunting task, and with so much hype, it is now a daunting task for everyone.

However, understanding the Artificial Intelligence potential and integrating it into your organization's strategy can unlock new opportunities for growth and efficiency. In this podcast, you will get some of the very simplified areas for you to help you how to develop an AI strategy for your business.

Before anything else, it's crucial to have a solid understanding of what AI is, its capabilities, and how it can be utilized in various industry contexts. AI isn't just a buzzword—it's a tool that can automate tasks, provide insights, and even help you make more informed business decisions. Then you need to focus on what you aim to achieve with AI. Whether it's improving customer service, increasing efficiency, or gaining a competitive edge, having clear objectives will guide your AI strategy rather than just going to adopt AI for the sake of AI.

Today’s Guest:

Kavita Ganesan is an AI advisor, strategist, educator, and founder of Opinosis Analytics.

Kavita has a Ph.D. from the University of Illinois at Urbana Champaign, with a specialization in NLP, Search Technologies, and Machine Learning, and she also wrote a book 'The business case for AI'.

• How to identify use cases where AI can help the organization and the steps to follow to build the AI strategy.
• Why it is important to look at your current processes, technologies, and data infrastructure. Are they AI-ready? This assessment will help you understand where you stand and what needs to be done to integrate AI into your operations.
• If you are new to AI and how will you start using it in the organization?

• Website: Opinosis Analytics
• Blog: Kavita Ganesan, PhD
• Book: The Business Case for AI

Resources:

• The Business Case for AI