What is AI consulting?
Are you looking to use AI in your business and need to find the best AI consultants? Consultants can help to get your company started quickly with AI initiatives. We have compiled all that you need to know on AI consulting, to decide whether to use AI consultants and which ones to work with:
AI is the next keyword that will used to death by people who know little about it. And consultants will be among those people
and they will be justified to talk about it because AI indeed represents a big business opportunity. Different consulting companies have different estimates but companies like McKinsey, PwC all rightly claim that AI is a multi trillion dollar economic opportunity for the world which will be unlocked in the next decade.
However, as outlined in a report by BCG and MIT Sloan Management Review, enterprises state these as 3 factors that lead to their slow adoption of AI:
- lack of an AI strategy
lack of awareness about AI capabilities- lack of AI talent in their organizations
Consultants can help with all of these problems.
- Strategy is their bread&butter
- They have smart&motivated personnel learning about AI that can identify AI use cases for businesses
- They can help companies improve their approach to attracting top AI talent. If that falls short, they can always support development of new solutions.
Why is AI consulting becoming important?
Integration of artificial intelligence related products is becoming more important. Currently, there is demand for artificial intelligence related products, but supply side is limited. Either the technology isn’t mature yet or the Companies don’t know which firm to hire. Hence, artificial i
ntelligence consulting will be a highly important industry in the near future.
(Courtesy of Capgemini Consulting)
A recent report by Capgemini Consulting presents this problem. Many firms miss the chance to implement low complexity and high benefit artificial intelligence use cases. This is the “must do quadrant”. 54% of the firms in this quadrant haven’t implemented the suggested use case yet.
Another survey conducted by Boston Consulting Group and MIT Sloan Management Review shows the expectations of respondents. Many industries have the potential to adapt the technology and the rest expects to reach the same potential in five years.
These two studies show that while businesses have high expectations from AI, they are currently not leveraging AI as much as they can. BCG – MIT Sloan Management Review shows the high expectations of companies. Capgemini Consulting’s report shows that there are potential use cases that are not adopted yet.
Blockchain: What’s Ahead?
Solve a business problem
Technology leaders are intrigued by the capabilities of blockchain, but they are unclear exactly where business value can be achieved in the enterprise context.
Blockchain will disrupt the digital future
Blockchain technologies promise new economic, business, social and technological models that can pervasively impact business and society. Enterprise architecture and technology innovation leaders must understand the implications to exploit this disruptive, but immature, technology.
Can Blockchain Transform Your Customer Experience?
Discussion Topics:
- What blockchain is and why it is important
- The new opportunities blockchain brings for customer experience
- How blockchain will impact your customer strategy, and how to get started
A recent Gartner survey reveals that 25% of CEOs perceive the impact of blockchain as major or transformational over the coming five years. While blockchain evolves into a platform for digital transformation, CIOs and application leaders supporting customer relationship management (CRM) and customer experience (CX) are in a unique position. They can use this opportunity to drive innovation and competitiveness by leveraging blockchain as part of their long term customer strategy. In this webinar, we discuss how and why blockchain technologies have the potential to transform the way your organization interacts with customers.
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