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The Financial Value of Intelligence: Artificial and Human
AI or Human; which is the smarter investment? With the rapid rise and adoption of the Artificial Intelligence (AI) technologies in the recent 5 years, senior executives in the organisation are facing the dilemma of whether to invest in employees who possess real intelligence or to substitute them with artificial intelligence technologies. Additionally, it poses…
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Data Analytics (AI/ML) ROI 101 series: Article 5: Strategic value of data in the data analytics value chain
[Brief background to this series: In recent months, I have encountered a large number of articles that report lack of returns on investments (ROI) made by organisations in deploying AI and related technologies. But, in reality many organisations are achieving significant return on investments in data analytics (AI/ML) which I encountered during my business value…
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Data Analytics (AI/ML) ROI 101 series: Article 4: How data analytics drives value across organisational value chain
[Brief background to this series: In recent months, I have encountered a large number of articles that report lack of returns on investments (ROI) made by organisations in deploying AI and related technologies. But, in reality many organisations are achieving significant return on investments in data analytics (AI/ML) which I encountered during my business value…
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Data Analytics (AI/ML) ROI 101 series: Article 3: Accounting fundamentals for data analytics (AI/ML) value
[Brief background to this series: In recent months, I have encountered a large number of articles that report lack of returns on investments (ROI) made by organisations in deploying AI and related technologies. But, in reality many organisations are achieving significant return on investments in data analytics (AI/ML) which I encountered during my business value…
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Data Analytics (AI/ML) ROI 101 series: Article 2: Why focus on data analytics value?
[Brief background to this series can be found by clicking this link ] In this article, we will discuss the significance of economic value, how value is perceived by different stakeholders, differences between macro and micro economic value and economic theories of value that apply to data analytics (AI/ML). Scope of data analytics (AI/ML)? Before…