The benefits of AI for a business
Implementing AI Solutions in Business
Jacob H. Marquez
Data Scientist
Four Pillars of Business Value
Four Pillars of Business Value
Four Pillars of Business Value
Four Pillars of Business Value
AI Enables Efficiency
Automation
Synthesis of data or information
Identification of an event
Optimizing resource allocation
AI Enables Efficiency
Easiest area to start
Automate tedious tasks
Saves time!
AI Enables Productivity
Productivity = increasing outputs
Higher efficiency helps increase outputs
More time for high value projects
Example
: Automatic sales lead scoring
Sales can focus on follow-up calls
Example
: Predictive maintenance and prioritized repair
Maintenance experts can focus on repair
Ensuring output doesn't drop
AI Enables Productivity
1
https://github.blog/2022-09-07-research-quantifying-github-copilots-impact-on-developer-productivity-and-happiness/
AI Unlocks Creativity!
Creativity is a limitation of AI
People can use AI to foster creativity
Continually evolving
AI Unlocks Creativity!
Remove upfront tasks
Faster iteration!
More creative space
Skilling: Direct
Direct
Part of educational process
Personalized learning and feedback
Example
: AI knows user's strengths and weaknesses
Personalized learning paths
Skilling: Indirect
Indirect
Usage results in learning
Example
: generative AI to build a website
Upskilling to leverage AI
Let's practice!
Implementing AI Solutions in Business
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