Gartner's AI
business value forecast highlights decision support/augmentation as the largest type of AI by business value-add with the fewest early barriers to adoption (see Figure 1).
Vendors believe that flat-rate licensing plans no longer capture the full
business value of their solutions in the scenarios above.
AI
business value growth shows the typical S-shaped curve pattern associated with an emerging technology.
account for 46% of the global AI-derived
business value in 2018 and 26% by
"In the early years of AI, customer experience (CX) is the primary source of derived
business value, as organizations see value in using AI techniques to improve every customer interaction, with the goal of increasing customer growth and retention.
To realise true
business values of AI, it's absolutely critical to identify professionals who have deep business skills, data engineering skills and AI skills to lead any AI project or initiatives.
The Gartner Al-derived
business value forecast assesses the total
business value of Al across all the organisation vertical sectors covered by Gartner.
And they must demonstrate
business value, not just the benefits of better security and risk management programmes.
Sachdeva said that a start-up needs to have
business value to be successful.
has been selected as a winner of the 2016 Channel Partners 360[degree sign]
Business Value Awards, the company said.
Intentional level is when the knowledge value attained through BDA grows and
business value opportunities are visible.
Planning starts with a review of existing financials, preparing a
business value assessment, identifying business improvements and actions that can be implemented over the next two to three years that improve the
business value when it's time to sell.