Today’s business landscape is significantly tech-driven, and AI is at the heart of this change. Indeed, for an organization to fully reap the benefits of artificial intelligence, it is no longer sufficient to experiment with it in bits and pieces. Instead, a full-blown AI-driven digital strategy has become a “must-have” for companies that wish to accelerate growth and retain a competitive advantage.
Mitra Azizirad, Corporate VP for Microsoft AI, was quoted as saying, “In the next five years, every successful company will become an AI-company. It is now the next level of competitive differentiation.” No wonder the global AI market is expected to reach $15.7 trillion by 2030. Those still caught in the loop of experimentation and risk assessment face the dangers of being left far behind than organizations taking practical measures to implement AI.