Is your business ready for AI?

By bedigital on May 8th, 2024

There’s no denying that AI is everywhere. From fashion to engineering, artificial intelligence is making significant changes across the entire business landscape. The consensus is: get with it or get left behind. 

However, it’s not as easy as ‘install and go’. AI, though indisputably adaptable, is not a ‘one size fits all’ kind of model. In order to make AI work for your business, there’s a lot to consider. 

Context is key 

Before you can delve into where AI would fit best into your business, it’s important to understand how AI is disrupting organisations on a macro-level.  It is predicted that the market size for artificial intelligence will reach $407 billion within the next 3 years, which is a staggering increase from $86.9 billion in 2022 (Marketsandmarkets). 

As AI becomes more accessible and its use-cases become clearer and more advanced, it’s apparent that tech-centric companies are not the only ones who can benefit from adoption— AI is for all.  

Outline your business goals 

By considering the wider context and researching how others in your industry are utilising AI, you can then explore how to make artificial intelligence work for your business.  

Whether it’s by improving efficiency, enhancing customer experience or driving innovation, AI can be leveraged for maximum impact. Start by identifying your business’s specific problem areas and use them to guide how AI can be implemented to help improve overall productivity. 

Understand your data 

The output of AI will only be as good as the data that you put into it. Therefore, it’s absolutely vital to ensure your business’ data is available, accurate and relevant.  

Once your data has been assessed and verified, it needs to be organised and made accessible to the specific AI training model that you’ve chosen. 

Resource for results 

There’s a lot to consider when you’re a business looking to adopt AI. Understandably, many rush into the process out of fear of falling behind, meaning they’re left with processes that are insufficient, and ultimately, underwhelming. 

If implemented correctly, AI could see positive impact across your entire business estate. So, it’s vital to resource for results; not only by training and upskilling your team, but also through ensuring you’ve got the right people on-hand to help this process get underway. 

bedigital’s AI experts have developed a new AI Readiness Assessment to help businesses begin their journey of AI implementation to ensure it’s a swift and easy process. 

Our AI Readiness Assessment 

bedigital’s AI Readiness Assessment helps businesses identify the strengths and weaknesses, gaps and opportunities, risks and challenges, and best practices and recommendations for implementing AI. 

Want to find out more about how to make your business ready for AI? Get in touch with our experts today. 

Written by