Now, more than ever, organizations are encountering unparalleled levels of complexity, whether that’s shock pandemics, sprawling globalized supply chains, rising customer expectations or ever-increasing digital demands. To succeed and grow in this challenging world, businesses must adapt at speed and find new ways of working to generate ongoing business value.

However, businesses can only be as successful as the data they capture and integrate into their enterprise operations, which is why applying data and analytics at every opportunity is fast becoming a prerequisite for organizational success and disruptive decision making. Owing to the sheer volume, velocity and variety of data available, AI is proving instrumental in driving business insights, minimizing the probability of human error, improving overall business efficiency and increasing innovation in today’s connected world.

AI can analyze in an hour what would take us a lifetime, making it a strategic technology to tackle the most pressing of challenges. But it takes leadership with a clear and concise AI strategy, a knowledgeable workforce, standardized processes and the right mix of tools to convert AI-powered intelligence to practical use.