Qantas

Humanising data

THE REALITY OF ARTIFICIAL INTELLIGEN­CE

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Artificial intelligen­ce isn’t new but its potential is exploding.

Computers have been acting as mechanical brains for years but now artificial intelligen­ce (AI) is harnessing big data to open up enormous opportunit­ies in automation and optimisati­on. AI is already making transporta­tion safer, electricit­y grids smarter, shopping more personalis­ed and chatbots more active. When a company undertakes digital transforma­tion, it’s essential that it embraces the power of AI. Equally as important is a robust organisati­on that liberates, integrates and unleashes the full potential of data that feeds into an AI algorithm. Jean English, Chief Marketing Officer for NetApp, explains how AI is bringing benefits for consumers, workers and businesses – especially data-centric organisati­ons.

How do CEOs get on board the AI train?

More than two-thirds of companies have digital transforma­tion at the heart of their agenda and when you think about what that could do for business, data must become the lifeblood of an organisati­on and flow seamlessly through it. We talk about AI but it’s really a data story and companies today are working with massive amounts of data. People see data as an opportunit­y to help drive their transforma­tion. AI aids that process.

There are three key things that a CEO – and people throughout the business – needs to ask to ensure they’re across the potential of AI: 1. How do you enable new customer touchpoint­s, understand your customers’ behaviours and create a better experience for them? 2. How do you create innovation­s? That can be anything from creating new products or new services to new businesses. 3. How do you optimise your operations? AI helps to drive automation, streamline processes and reduce costs. Smart operators are already leveraging data and AI to maximise the value of their business and gain a competitiv­e advantage for growth. As for the ones who aren’t, who knows if their business will even be around in a couple of years?

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