14 - Voice of Industry Experts - AI in Action: Tackling Key Challenges
AI in Action: Tackling Key Challenges Across industries, organizations are increasingly investing in AI-driven initiatives to tackle complex business problems and unlock value from their data. Initially, these efforts spark enthusiasm—with expectations of accelerated innovation, efficiency, and competitive advantage. Yet, after the initial phase, many management teams find themselves facing a perplexing reality: the promised results are falling short. This raises a critical question— what’s going wrong? AI implementation, much like any software development project, carries inherent uncertainty. However, the return on investment (ROI) in AI is often more nuanced and harder to quantify. Unlike traditional systems, AI demands a deeply integrated approach involving continuous learning, experimentation, and cross-functional collaboration. It's not just a technical journey; it's an organizational transformation.