AI for your Business
What does AI mean for your business?
With AI being mentioned across all platforms and rapidly gaining momentum, it can be challenging to have a clear understanding of what it is, and what it can do for your business.
It is important to clarify what it is not to avoid any confusion. More specifically:
- AI is far from a ‘one-size fits all’ approach to every business problem, instead, it is a targeted solution for specific issues
- We are still a long way from genuine “intelligence”. Most AI is based on mathematical learning models which rely on vast data sets to increase the accuracy of forecasts and other outputs
- Crucially, AI systems output new data which didn’t exist before. This value adding insight shows likely patterns or behaviour, which can then be investigated and exploited
AI is still very much in its infancy and constantly changing, with a variety of companies competing with their own ranges of platforms and solutions. A young market like this often lacks in standardisation and transparency, something that can leave a company exposed to a variety of risks. That is why you need a highly qualified team, who operate at the leading edge of the market, making sure you get the most out of AI with the minimum of risk.Discover Solutions