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The Secrets of AI Value Creation
book

The Secrets of AI Value Creation

by Michael Proksch, Nisha Paliwal, Wilhelm Bielert
February 2024
Beginner to intermediate content levelBeginner to intermediate
416 pages
8h 1m
English
Wiley
Content preview from The Secrets of AI Value Creation

1The Journey of AI Achievers

In the coming years we will be limited not by technology but by imagination.

—John Leonard (CEO of Intellia Therapeutics)

As we look at the history of various organisations, we see that all evolved and adapted to new technologies over the years. But what sets apart the AI achievers is not their sole focus on AI, but rather their ability to incorporate AI into their tool set and drive sustainable value for their organisation. We will take a closer look at some of the AI achievers, including Amazon, John Deere, Chipotle, Commonwealth Bank of Australia, Coca‐Cola, IBM, Intel, Microsoft, and Google, among others. These organisations are examples of how innovative applications of AI can create value within and beyond the enterprise.

However, success did not happen overnight. Their AI journey, often spanning two decades or more, has been a marathon, which required not just time but dedication. But, it's not the total time invested that yields results at the end of their AI journey, it's the milestones they set along the way that have created value. The secret of their persistence seems to be their mindset. Similar to marathon runners, who visualise the finish line to fight the pain and discomfort on the way, AI achievers have a specific mindset to stay focussed on the long and winding journey ahead of them.

Although many manufacturing organisations have recently made significant investments in their AI capabilities, one particular industrial manufacturer ...

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Publisher Resources

ISBN: 9781394233625Purchase Link