Artificial intelligence software can accomplish a variety of tasks, from predicting who will win a competition to writing entire screenplays. With all of these breakthroughs, it’s no wonder that many businesses are examining how AI can help them grow. As AI software becomes more powerful, it can complete an increasing number of tasks. In this sense, it allows the human members of your team to focus on more complex situations, or put more focus on connecting with your clientele. Utilizing artificial intelligence as part of your business strategy can be daunting, so here are a few considerations to get you started.
Take It Slow
Often times when AI is introduced into a business, employees will be resistant. This tends to come from a misconception that AI will replace human workers. It’s a good idea to introduce AI slowly, so you can find a balance between maintaining the existing business and investing in AI technologies. Once the employees realize the AI is only there to make their jobs easier, they will be much more willing to learn. Take a look at your business processes and find a way to redesign them from end to end in order to highlight how AI will supplement, not replace, the various aspects of the process.
Find The Right Partner
Deciding who to partner with for your AI needs can be a difficult decision, especially when new AI startups are popping up left and right. In the past, businesses have looked for the partner who delivered the best quality. With AI as huge as it is, the question now shifts to who can be trusted to run the artificial intelligence ethically and competently. Even companies like Google have turned to outside help—Google works with DeepMind, a company specializing in machine-learning, in order to improve things such as search optimization. Not only is selecting a partner a big decision for your business, but it allows procurement departments to demonstrate their partnership-creating abilities.
View AI As A Core Part Of Your Business
When implementing AI into your business strategy, make sure you understand its integral role in achieving success. Not only is artificial intelligence meant to improve the way your business runs, but it helps you ultimately change the way in which you make revenue. An example of this lies in a fast-food chain where soft drink sales had been doubling in a specific store. The location had undergone renovations, and upon opening 3 weeks later received double the typical soft drink sales. AI determined the case was that the new store had a new layout, which made it easier for customers to access the soft drink machine. Due to this small observation from artificial intelligence, that chain can now impact the entire revenue of the company by rolling this change out across all locations. Properly using AI can make large impacts on your company, sometimes even repositioning the value of a business.
While implementing artificial intelligence is by no means an easy task, it’s an integral part of staying relevant in today’s increasingly competitive market. Keep in mind what’s been mentioned here and you’ll have a much smoother transition into the world of AI.