Should You Build Or Buy Your AI?

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The days of asking if your company needs AI are over. The answer, across nearly every industry and spanning the globe, is a resounding yes. paid intel

he days of asking if your company needs artificial intelligence are over. The answer, across nearly every industry and spanning the globe, is a resounding yes.that global AI business value would reach $1.2 trillion by the end of 2018, up 70% from the previous year, and will more than triple by 2022. Taking advantage of greater computing power and developments in machine learning, business leaders are tapping the power of AI to enhance customer experience, create new revenue and reduce costs.

Think of the choice as a standard decision tree involving a few essential questions. The first one concerns your chief objective: Do you want AI for a big, transformative “moon shot” that will define your company? Or do you want AI for the low-hanging fruit—fairly easy-to-accomplish enterprise applications that will deliver immediate value?

Buying offers a host of other advantages. Vendors take over the tricky issues of integrating new AI applications into an existing IT environment and training workers to use the tools. They also offer specialized algorithms for tasks like image recognition, a massive chore that requires feeding tens of thousands of images into a program in order to teach it to recognize objects.

, it found that 60% of them had chosen this type of vendor-supplied solution. Deloitte calls this “the easiest path: using enterprise software with AI ‘baked in.’”

Source: News Formal (newsformal.com)

 

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