Dateline: October 21, 2016
Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend.
Have your executives asked about Watson or Edison yet? With all the attention and resources being spent on artificial intelligence (AI), machine learning and cognitive systems, many C-levels are starting to wonder how to apply this type of technology to their business processes. Recently, author, professor and expert Tom Davenport, published an article about 7 Ways to Introduce AI into Your Organization. In it, he outlined these options,
Mostly Buy
- Use an existing vendor’s software with cognitive capabilities.
- Pick a small project and a “low hanging fruit” vendor
Some Build, Some Buy
- Build on your analytics strength to emphasize machine learning.
- Go big with Watson.
- Start with chatbots.
Mostly Build
- Make an existing application smarter or more autonomous.
- Build from open source software.
Whatever your method of choice for experimentation and moving forward, start now. Understanding cognitive technologies and the way they will change your organization is going to take some time and some patience.
How are you exploring the benefits of these new technologies in your organization?
That’s a WRAP! Have a fun weekend!
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