Introduction

It’s great that you are thinking strategically about using AI in your business. With the sheer amount of solutions out there, and all the data you have access to, it couldn’t be easier to get going. However, beyond simple co-pilot solutions, using AI in business can get quite complicated really quickly. It can also get very expensive. Using available tools like AWS Sagemaker to build a simple AI model can result in fees of over £500 in less than an hour. Beware!

This is where an AI Strategy can help.

With the following seven steps, you can create a robust AI strategy within your business that will not only reduce the risks to yourself and your business, but hopefully create meaningful AI solutions that moves your business forward.

The seven steps are:

  1. Set up an AI Committee
  2. Aligning with goals and objectives
  3. Data Audit
  4. Ethics and Governance
  5. Assessment of skills and capabilities
  6. Assessment of tools and platforms
  7. Agreement and buy-in

Let’s get in to the detail:

1. Form an AI Committee

2. Aligning with Goals & Objectives

3. Data Audit

4. Ethics & Governance

5. Assessment of Skills and Capabilities

6. Assessment of Tools and Platforms