Artificial Intelligence and the Power of Data
27 de July de 2022
27 de July de 2022
We’re fascinated by innovation even if we may be overwhelmed by the unknown. “Our phones are listening to us!” — I’m sure you’ve said it or, at least, you’ve heard it. AI is among us but, what sort of practical uses could we find in order to make the most of it?
Would you like to know more about this tool and bring value and profitability to your business? Then, this post and Joan Pons’ web conference, “AI Centred on Data”, are just what you were looking for.
AI is any technology that’s capable of reasoning, planning, solving problems and quickly learning from its own experience. To put it in other words, AI is a combination of algorithms that offer functionalities and abilities that are distinctive of human beings.
We often think of science fiction, but it’s currently a reality that offers great benefits by using the information that we manage. This whole universe may seem really strange if you’re in the world of business —or you want to be—, but AI could help you a great deal.
The question is: “What’s it for?” One of the answers is that it helps solve problems and offers solutions in less time and using less resources, both financial and human. These are, in fact, some of the functionalities offered by virtual voice assistants or bots, that are used to clear up all your clients doubts.
However, Joan Pons’ advice is to set a starting point for all of this to happen. The solution comes from planning and creating a structure in which the company’s database is objective and productive.
“We need a moment for reflection: What is it that we want to be? First we need to build a data project in order to later apply AI and put forward what we want to be.”
Data will be the foundation that will make everything work. If the foundations are strong, you can build a solid construction on top. So, by the time AI is applied, we’ll be able to reach our goals.
The design of an AI project is based on the definition of the mission, vision and values on which we want it to be built upon. The mission is the answer to what we really want to do or develop with AI. The vision is the goal of that data; the decision of what we want to become. And, lastly, we must define the values that will lay the foundations of the project. These are all concepts that have a lot in common with a business strategy and it’s precisely there that AI and the business purpose have to move in the same direction.
Based on the typology of the problem and the nature of the company, it’s ideal to have an internal data science team to manage, extract and analyse the data, and create the algorithms ad hoc for each need. In this way, you will be able to come up with specific off-the-rack solutions and tools for each of the proposed areas and tasks.
The construction of that technological stack may sound complex. Storing all that data, controlling each of them and using them efficiently… It’s all a truly arduous task. However, the goal is the greatest reward: making processes shorter and producing economical benefits.
AI is currently being used in numerous commercial and corporate environments, which allows companies to automate processes and improve their efficiency, both internally and externally.
It’s also a tool that gives you the chance to make intelligent decisions automatically. In the health sector, it brings evolution and innovation. It offers commercial continuity and optimal repetitive task management. What does all of this translate to? In a constant increase in productivity and, thus, of economic profitability.
Check out the complete talk and learn more about AI here.