Artificial Intelligence has taken the world by storm in recent months with new AI features and apps becoming easily accessible. From Chat GPT to Alexa or Siri, AI has quickly become our own personal assistants at the touch of a screen.
However, Artificial Intelligence is not limited to just personal use, many businesses are taking AI usage to the next level. Let's explore some new statistics on the current state of AI’s impact in the business world.
- 35% of companies are actively using AI and 42% of companies are exploring AI for its implementation in the future, according to a TechJury article.
- 91.5% of leading businesses invest in AI. Customer satisfaction is expected to increase 25% in businesses that use AI by 2023, according to Gartner.
- IT (Information Technology) Analyst Firm, an Info-Tech Research Group, reports that 44% of private sector companies plan to invest in AI systems in 2023
If you or your company are seeking to learn how you can leverage Artificial Intelligence in your company's services, including software development, you are at the right place!
How to Incorporate AI in your Business:
- Provide educational courses that teach the latest artificial intelligence tools, technologies, resources and frameworks. Developers can implement the AI knowledge gained from their courses into their dedicated projects.
- IT companies can foster a culture of creativity among developers by allowing them to explore and individually learn AI tools. Employers can organize learning groups and activities such as Hackathons to encourage innovation.
- Consider hiring an industry leader or develop an AI expert to advance your team. They can work with the software development team; providing guidance, mentorship and support to implement AI technology in projects.
- Partnering with AI research organizations, industry leaders, universities and third-party AI vendors can provide support and knowledge on AI-driven projects. These partnerships aid AI adoption in the development process, allowing your team to collaborate and learn from additional resources and expertise.
- To promote data-driven decision-making processes, prioritize data management, collection and analysis. Ensure your development team and even project managers have access to high-quality datasets to effectively train AI models with the other teams.
- Offering an AI-friendly environment for your software development team can simplify the development process and workflow through integrating AI frameworks, libraries and analytics. In addition, plugins, extensions and IDE integrations allow developers to efficiently complete projects.
- Allow development teams to work together and share their learning experiences with AI to foster a community of togetherness and personal success.
Final Words
It’s clear artificial Intelligence is the future, many businesses are eagerly incorporating AI in their software development lifecycle. The following strategies serve as an effective way to promote Artificial Intelligence in your company.