The importance of developing an 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.

How to build an Artificial Intelligence strategy in facilities?

            To start building your AI strategy you need to work on the following 9 Fields:

Fields-of-building-AI-strategy

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?