In 2018, insufficient information architecture and a lack of education at the leadership level have been quoted as the two biggest reasons for a lack of AI adoption within enterprises.*
Key predictions for 2019:
As small and large companies learn and adapt, two key disciplines of AI, Machine Learning and Natural Language Processing are likely to make most traction.
In addition to that the Robotic Process Automation (RPA) market will reach $1.7 billion in 2019, as 40% of enterprises enable digital workers.
AI talent will remain scarce and two-thirds of decision makers will struggle to acquire, with 83%** struggling to retain AI talent.
Rolling forward to 2019, we at AtomX believe that a number of business enterprises will still struggle to derive business value out of AI transformation initiatives.
There are three key reasons for it:
“I want AI – by why?”: Looking at it from a technology perspective as opposed to business strategy, objective and outcome lens.
“I have heard of AI but don’t understand it in detail. And by the way, is it different from machine learning?”: Lack of AI education at the exec level.
“Boiling the ocean”: The concepts of a lean agile, iterative and fail fast approach still very much apply in the AI world. The basics haven’t changed: Carve out a high value / low risk (especially security & brand risk) use case, prove the value, take exec team on board and expand.
AtomX Digital is a pioneering AI transformation agency which prides itself in delivering business outcomes at Speed and with Certainty.
We bring decades of digital change experience, combine it with sensible, relevant & tested AI platforms and fanatically collaborate to achieve results for our clients.
All that is great but what does that mean to me?: It means that with AtomX you would be achieving business outcomes (like higher Customer stickiness, New revenue streams, Double-digit productivity gains etc) within a continuous lean agile delivery framework, ensuring that people change and business risk aspects are addressed right from the start.
If interested, please drop us a line at firstname.lastname@example.org and a sales rep will get in touch within 24 hours.
*Forester releases AI and automation predictions for 2019