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AI STRATEGY FORMATION

AI Revolution is here.
Are you ready to transform?

Business leaders recognise the increasing importance of LLM technologies, such as ChatGPT and GPT-4. The benefits AI can bring to businesses are immeasurable: increased efficiency, growth in revenue, and better-informed decision-making processes, to name a few. 

Companies that do not utilise AI are at risk of falling behind. The leading experts in the industry agree that AI is the single most important technology in the years to come. 

Your chance to seize the power of AI is now!

Make Your Business AI Ready

Businesses must use the power of AI and maximise the value of their data assets to stay competitive – here is where AI Strategy can help. We identify the people, processes, and technology initiatives enabling your business to become AI-driven.

AI Strategy

Why have an AI strategy

If your company is undergoing digital transformation or digital optimisation journey, AI strategy is where you should start. Progressive companies must understand how to leverage AI to drive their business performance.

AI can help businesses in various ways, such as:

AI can process large amounts of data and provide insights that can help businesses make better decisions.

AI can automate repetitive and time-consuming tasks, allowing employees to focus on more complex and creative work.
AI can analyse customer data to provide personalized recommendations, improving customer experience and loyalty.
AI can help predict when equipment and machinery will require maintenance or repairs, reducing downtime and maintenance costs.
AI can analyse financial data to detect and prevent fraudulent activities, reducing financial losses.
AI-powered chatbots can provide quick and efficient customer service, improving customer satisfaction and reducing costs.

Key elements of an AI strategy

The key components of an AI strategy can vary depending on the specific needs and goals of the organisation. However, some common features are as follows:

Clearly defining the business goals and objectives of the AI strategy, such as improving operational efficiency, enhancing customer experience, or increasing revenue.
Developing a data strategy that focuses on collecting and managing high-quality data, as well as ensuring data privacy and security.
Ensuring that your organisation has the necessary technology infrastructure to support AI initiatives, such as cloud computing, data storage, and processing capabilities.
We help you develop a plan to attract and retain talent with the necessary AI skills and expertise.

Establishing ethical guidelines and governance frameworks to ensure that AI is used in a responsible and transparent manner. This is particularly critical given the impending EU AI Act.

Developing a detailed implementation plan that outlines the specific AI use cases, timelines, and resources required to achieve the desired outcomes.
Establishing metrics and key performance indicators (KPIs) to monitor and evaluate the effectiveness of the AI strategy, and making adjustments as necessary.

If any of the above apply to your business – you need an AI Strategy:

Multiple analytics teams (often competing and / or with gaps between them)

Wasted investments in AI or analytics infrastructure, products or services

No clear data ownership leading to multiple versions of the truth

Different departments using different technologies, methodologies or suppliers

No long-term plan, therefore not keeping pace with competitors’ use of artificial intelligence

Missed opportunity to extract value from AI and your organisation's data

Ready to get started? ​

AI Strategy enables:

  • Achieve business goals more effectively
  • Stop losing time or investment over disorganised data infrastructure.
  • Measure and track business KPIs with precision.
  • Make informed business decisions with less effort.
  • Know your customers and predict their needs.
  • Comply with all necessary data and AI regulations.

Why invest in AI?

By incorporating AI technologies such as machine learning, natural language processing, and computer vision, companies can:

  • improve operational efficiency by automating routine tasks,
  • make more informed decisions,
  • provide personalised services to customers,
  • unlock new revenue streams.

Investing in AI is not just an option but a necessity for companies looking to stay ahead.

Failing to invest in AI increases the risk of falling behind competitors and missing out on the transformative benefits of AI technology.

Three steps towards AI Strategy

  • Evaluation: We conduct a consultation to understand your organisation’s current capabilities and aspirations and identify your data sources and technology infrastructures.
  • Company culture: We cultivate a company culture to promote and enable the use of data & analytics and the organisational readiness required to act on insights.
  • AI Capability: We provide training and tools to equip organisations to use advanced analytics and AI to meet their business objectives.

Discover

Explore what is possible with data relative to your organisation’s strategic objectives and goals.

Define

Evaluate current systems and processes to identify gaps and pinpoint enabling actions required within people, processes, and technology, which will support the organisation's goals.

Plan

Deliver a roadmap of initiatives to formulate your AI Strategy.

Liam O‘ Donoghue | Deputy CEO Ibec​

“The team in Idiro have done a fantastic job on the strategy document. We have been so impressed with their ability to really get a handle on our business in a short space of time and to produce a document that gives us a clear path forward…. We have engaged with a number of external parties over the past couple of years as we’ve sought to define our data strategy. Nobody came close to your team in being able to pull all of the relevant elements together in a coherent strategy. I’d also add that the guys were really great to work with too.”

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