| |December 20198rtificial intelli-gence (AI) and Automation are the new pow-er couple in town. Together, they are creating a plethora of unique opportunities for busi-nesses to reimagine processes and bolster productivity in a digital economy. An Accenture report fore-casts that AI will find a place at the heart of the enterprise as it will affect 25 percent of technol-ogy spend in the future. What does this mean? Businesses will Expert opinionARTIFICIAL INTELLIGENCE & AUTOMATION ­ YOUR RECIPE FOR SUCCESSBy Sunil Mehra, VP-Cloud Platform, Oracle IndiaAWith decades of experience in Consulting, Product Sales and Project Management, Sunil has immense domain knowledge and expertise in Enterprise Software and Sales, Contracting, Partner Management, and Business Strategy.Sunil Mehrabe able to leverage modern technolo-gies like AI to make better decisions, by augmenting human intelligence with powerful computing, precise data analysis and automating tasks.Therapid emergence of AI & Auto-mation has been driven by three main factors. Firstly, cloud technology is making vast amounts of computing and processing power available on demand. Secondly, the overflow of data is bringing critical mass need-ed to power smart algorithms which candrive new capabilities. And last-ly, the ability for new AI tools to be integrated into a business and serve asan engine for innovation is a big advantage. But where should companies start? Forrester has already cautioned that 75 percent of AI projects will underwhelm because of operation-al oversights. Here's a guide to get you started.1. Derive value from data: With data sets becoming larger, modern and automated, AI-enabled tools can speed up the ability to uncover intel-ligent insights from data, which can,
< Page 7 | Page 9 >