AI Transforms Business Leadership Strategy
AI's potential for real-time, scalable insights from business data could shift its role from enablement to strategic leadership, says PwC Principal Rani Radhakrishnan.
Summary
Data intelligence from AI implementation has untapped power to transform enterprise operations, according to Rani Radhakrishnan, PwC Principal (Technology Managed Services – AI, Data Analytics and Insights). While business intelligence tools can provide insights, reaching those insights quickly, in real-time, and at scale remains a challenge. AI can turn these challenges into opportunities. Deploying AI is not simple and brings its challenges, including data governance and staffing issues. There is a growing demand for AI from many PwC’s clients who need in-house expertise to act on these needs. AI value is realized when the underlying data is in good shape and requires data sanitization, normalization, and data annotation processes. It highlights the importance of AI stewardship among CIOs.
Key Concepts
- Enterprise AI can provide insights quickly, in real-time and at scale.
- Deployment of AI has challenges like data governance and staffing issues.
- AI is needed in various sectors and is of interest from different parts of a business.
- Effective AI use requires good data practices and human effort.
- CIOs have a major role in AI stewardship.
Sentiment: POSITIVE
The sentiment is positive due to the potential of AI in transforming businesses and its growing demand from clients. However, the article also acknowledges the challenges preventing a broader, more effective implementation.
Author and References
Author: Joe Green
Article Link: AI enables shift from enablement to strategic leadership