Opportunity Discovery

Monetizing Artificial Intelligence

Vin Vashishta

Technical Strategist

Getting started

Discover opportunities to create customer value, linked to business data.
Balancing costs between product generation and data creation.
Aim for lower data costs for higher margins.

Two sides

Seek high-value, non-obvious opportunities beyond the apparent ones.
Utilize data from all business activities for product development.
Access to varied data is crucial for opportunity discovery.

Data access

What generates data?

Employees doing work
Customers using products
Experiments

Some data is hard to gather, limiting opportunities to create and deliver value with analytics

Data dynamics: internal innovation

Internal processes and workflows generate data, essential for creating value.
Lack of technology limits access to this data, hindering value creation.
Reassessing opportunity discovery to include data access and costs.
Define current data generation and capture within the business.

Empowering the business

Transitioning

Access to business and customer context is essential for models to learn complex domain knowledge.
Opportunity discovery aligns with existing technology and data capture processes.
Transition from obvious to right-fit opportunities for effective discovery.

Let's practice!

Monetizing Artificial Intelligence

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