Author |
Proksch, Michael (Artificial Intelligence researcher), author.
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Title |
The secrets of AI value creation : practical guide to business value creation with Artificial Intelligence from strategy to execution / Michael Proksch, Nisha Paliwal, Wilhelm Bielert. |
OCLC |
on1417204352 |
ISBN |
9781394233632 (epub) |
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1394233639 |
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1394233647 |
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9781394233649 (electronic bk.) |
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9781394233625 (cloth) |
Publisher |
Hoboken, NJ : Wiley, 2024. |
Description |
1 online resource |
LC Subject heading/s |
Decision making -- Data processing -- Case studies.
|
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Decision support systems -- Case studies.
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Artificial intelligence -- Industrial applications -- Case studies.
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Artificial intelligence -- Economic aspects -- Case studies.
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Bibliography |
Includes bibliographical references and index. |
Contents |
The journey of AI achievers -- Three factors of AI business value creation -- Four types of AI value creation -- AI-centric elements -- Collecting valuable data -- Creating actionable insights -- Building stakeholder trust -- Managing AI's decision making -- Crafting an AI strategy -- Leading successful projects -- Cultivating an AI-friendly culture -- Technology -- Data management -- Talent. |
Summary |
"Artificial Intelligence (AI) is a game-changing technology that can bring significant value to businesses of all sizes and industries. Research has shown that companies can achieve up to a 30% increase in profits and provide significant business value by successfully adopting it. In this publication, we bring together three experienced authors with a deep understanding of the AI industry to show how to do it. While many publications focus on one or two aspects of AI from a single perspective, this book is a comprehensive guide that provides readers with a framework to navigate the complexities of AI value creation from different perspectives. We explore the various value drivers and obstacles that come with adopting AI and highlight strategies and tactics that successful AI Achievers have used to drive business growth and create value through AI. Our insights are organized into four parts and fourteen chapters, drawing from our own and the experiences of AI Achievers to provide actionable guidance on creating value with AI. Through real world examples, case studies, and interviews with industry leaders, we identify the best practices and common pitfalls that companies face when implementing AI. Our aim is to equip readers with the knowledge and tools necessary to overcome obstacles and reap the rewards of AI. We examine the challenges from multiple perspectives, including business, technology, data, algorithmics, and psychology. By providing practical examples and case studies, we aim to illustrate our points and offer readers the key capabilities required to foster an environment for successful AI value creation"-- Provided by publisher. |
Source of Description |
Description based on print version record and CIP data provided by publisher; resource not viewed. |
NOTE |
O'Reilly O'Reilly Online Learning Platform: Academic Edition (EZproxy Access) |
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