Artificial Intelligence strategy

      The Internet has very great importance in the business world in providing a huge amount of information and a high speed in searching for information as well. 

Artificial Intelligence is one of the most important fields that will lead to a complete change in the structure of the business world since it is based on developing systems and devices that have a high ability to simulate human intelligence, analyze huge amounts of data, and use superior thinking techniques. 

Many companies have adopted Artificial Intelligence strategies to make products and services smarter, better business decisions, and dramatically improve business and business processes. AI has the power to change almost everything. The companies that do not benefit from the transformative power of AI will risk being left behind and will have to bear the resulting loss.

1. Business strategy

      To get the maximum benefits of AI, you must base your business strategy and strategic goals broadly. So the first step in developing any AI strategy is to review your business strategy. To ask yourself several questions such as:

  • How does our business strategy fit us in the era of digital transformation?
  • Is our strategy still effective in the world of smarter products and services?
  • Should we change work priorities in line with the great development in the world of technology?
 

2. Artificial Intelligence strategies priorities

  Then After identifying the recent direction of your business, you can begin to define how AI can help you get there.

First, by knowing the answers to the following question:

      Second, knowing the priorities for artificial intelligence that you define at this stage, which are your use cases. To make sure your AI strategy is focused and achievable, here are the following examples of AI priorities:

3. Adopting Artificial Intelligence in the short term priorities:

Transforming products, services, or processes that deal with the requirements of digital transformation may take a long time, including the development of the use cases you have identified. For this reason, it is imperative to make quick AI gains in no time by setting short-term AI priorities that will help you demonstrate value and gain support for larger AI projects.

To achieve this, the following questions must be answered:

You can hire specialized companies to implement and build an AI strategy in your facility.

Then, across each of the AI priorities or use cases that you identified in the steps above, you need to work on the following steps:

 

4. Data strategy

Artificial Intelligence needs to process massive amounts of data. Therefore, you need to review your data strategy regarding each AI use case and determine which modifications should be made to the master data. 

This includes answering the following questions:

5. Ethical and legal issues

      You have to know that the idea of super-intelligent machines Scares people. Therefore, it is important to apply Artificial Intelligence ethically. 

You should ask yourself the following questions:

6. Technological issues

      Here you can determine the technical and infrastructure implications of the decisions you have made, 

so far by answering the following questions:

7. Skills and abilities

  You have to know that accessing AI skills is a real challenge. Therefore, this step is related to reviewing your internal skills and capabilities in the field of Artificial Intelligence and identifying the skills that you need to improve. 

You should ask yourself the following questions:

8. Implementation

 To get start implementation you need to think about how to turn your AI strategy into reality.

So you have to answer the following questions:

9. Change management issues

 Since people are so concerned about AI, especially what it might mean for their jobs, change management is a really important part of any AI project .

so you have to answer the following questions:

What does Renad Al Majd (RMG) offer facilities through AI services?

  • Review the business strategy in the facility, and determine appropriate strategies for the process of introducing Artificial Intelligence technologies into it.
  • Knowing the priorities of Artificial Intelligence in your facility.
  • Review your data strategy in relation to each AI use case and determine which adjustments should be made to the master data.
  • Ensure that you apply Artificial Intelligence in your facility ethically and legally in accordance with international standards.
  • Determining the technology required to achieve Artificial Intelligence priorities in the facility.
  • Transform your AI strategy into reality.
  • Ensuring the performance of Artificial Intelligence technologies in the facility and their availability using modern software.
  • Create a process to detect errors and automate problem-solving.
  • Monitor analytics and technology data to modify infrastructure to ensure optimal performance.
  • Transfer Knowledge and awareness of work teams and employees in the Artificial Intelligence system adopted at the facility.

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