Bankable Blueprint of an A-Grade AI Strategy

Bankable Blueprint of an A-Grade AI Strategy

61% of all organizations see developing an AI strategy as an urgent need, says Forbes. It turns out, computers today can do things what once humans could do. Without a doubt, AI has already taken a center stage at a market level and is showing great potential across industries.

Since many organizations have considered using AI to improve their business goals, it is mandatory that their strategic goals are aligned with the AI initiatives. If you want to gain most of this technology it is crucial that you have your business strategies aligned.

What do you include in your AI strategy? The infographic description provides six areas that companies must focus while establishing an AI strategy.

  1. Balanced priorities along with culture
  2. Choosing a suitable technology
  3. Business strategy
  4. Secured leadership support
  5. Capture top talent
  6. Acquire the relevant data

A mere 20% of professionals skilled in artificial intelligence are from the information and technology services industry, a report by LinkedIn.

AI is said to transform businesses, but how it is affecting the business market and industry? The uses of AI are prevalent these days, we might be using the technology in our daily lives and might still be unaware of it. Let’s look at the market space with artificial intelligence disruption.

  • 47% – IT automation
  • 46% – quality control and detecting defects
  • 41% – cybersecurity
  • 38% – predictive analytics
  • 37% – customer service (virtual assistants)
  • 37% – risk management
  • 34% – sales optimization
  • 34% – decision support
  • 32%- workforce management
  • 30% – marketing optimization
  • 29% – connected equipment devices
  • 29% – forecasting
  • 23% – tax, audit, and compliance

Amazon, Microsoft, Apple, Tencent, Google, and Facebook, etc. are some of the top companies molding the future of artificial intelligence.

As predicted by Forbes, artificial intelligence to boost the global GDP by $15.7 trillion in 2030.

LinkedIn to upscale 9.8 times growth in demand for artificial intelligence engineers. Several top companies are using AI in their product development. With the expanding interest in artificial intelligence, it is seen that the industry is in a shortage of expert professionals in the field. It is great news for IT job seeking professionals looking to enter the job market. In addition to this, the perks and compensation offered to these professionals are huge as compared to other professionals without AI skills.

As we move into the future, it is important that we consider making use of these technologies that are already making a huge impact in the IT industry. To close the skill gap and the AI crisis, individuals from the IT field are keeping up with the pace of innovation by upgrading their skill-set and taking up certification programs. You can now master the tools and technologies used in AI by taking up certification programs such as artificial intelligence certification and artificial intelligence engineer certification offered online.

Agile companies are in a hunt for professionals having certified credentials like artificial intelligence certification and artificial intelligence engineer certification. 61% of organizations are already in a training spree getting their IT professionals skilled in AI to fill the talent deficit.

Technology companies should have an end to end solution for every problem faced in businesses. Although recent survey states that 84% of executives expected to gain extensive benefits from artificial intelligence, yet only 39% of the companies have an AI strategy. Now the question arises, are these companies prepared for the AI revolution?

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