It’s onerous to go wherever today with out listening to one thing about synthetic intelligence (AI) and the way it would possibly change our world. Earlier than you leap on the AI bandwagon, although, it’s a good suggestion to take a step again and take into consideration your organization’s knowledge. This text explores the significance of fresh, well-organized knowledge when exploring an AI infrastructure.
- A lot of at the moment’s companies are fighting knowledge that’s nowhere close to prepared for AI.
- Options suppliers can play an important function in serving to organizations embark on their AI journey, however the course of just isn’t all the time easy.
- Keypoint Intelligence’s analysis uncovers an pressing have to prioritize knowledge administration and deal with the problems posed by unstructured knowledge.
By Anne Valaitis
Introduction
It’s onerous to go wherever today with out listening to one thing about synthetic intelligence (AI) and the way it would possibly change our world. Will its results be helpful or detrimental? Does it threaten our jobs, or is it extra prone to enhance our productiveness so we are able to work smarter as an alternative of tougher? Earlier than you resolve to leap on the AI bandwagon, it’s a good suggestion to take a step again and take into consideration your organization’s knowledge. Is it clear, well-organized, and able to gasoline the AI engine? Similar to a high chef wants the most effective components to organize a Michelin-star meal, AI wants high-quality, structured knowledge to succeed in its full potential.
The Knowledge Drawback
The unhappy actuality is that lots of at the moment’s companies are fighting knowledge that’s nowhere close to prepared for AI. As a substitute of persistently formatted, error-free, and simply accessible info, there are knowledge siloes, historical legacy programs, sloppy knowledge entry, and a severe lack of information governance. It’s no marvel that a lot knowledge finally ends up remoted, tough to search out, and a nightmare to work with. In response to Keypoint Intelligence’s latest multi-client examine on automation, infrastructure challenges have been among the many high 5 roadblocks when implementing robotic course of automation (RPA). If that doesn’t scream “knowledge administration points,” I don’t know what does.
Determine 1: Challenges with Robotic Course of Automation
N = 825 Whole Respondents
Supply: Robotic Course of Automation Multi-Consumer Examine: Keypoint Intelligence 2023
For organizations which are hoping to implement AI, the state of their knowledge generally is a main headache. They’ll usually begin out being excited in regards to the prospects however would possibly then falter after they understand that their knowledge is in every single place. Out of the blue, they’re confronted with the daunting activity of cleansing, integrating, and sustaining their knowledge. Returning to our metaphor above, that is like making an attempt to cook dinner a gourmand meal when the required components are scattered throughout totally different kitchens—which isn’t precisely a recipe for fulfillment.
The Answer Supplier’s Perspective
As a options supplier, you’ll be able to play an important function in serving to organizations embark on their AI journey. Sadly, this isn’t all the time a simple course of. You’ll regularly encounter shoppers whose knowledge is inconsistent, incomplete, or poorly organized. It then falls in your shoulders to whip their knowledge into form and educating them on the significance of sustaining high-quality knowledge. There’s no query that this can be a demanding activity, however it’s important for the success of any AI implementation.
These challenges could be tackled head-on by:
- Getting your knowledge governance sport on-point
- Investing in some slick knowledge integration instruments and platforms
- Automating your knowledge entry and processing duties
- Holding a watchful eye in your knowledge high quality and consistently bettering it
- Turning into a professional options supplier…or discovering an skilled accomplice that can assist you out
Keypoint Intelligence’s similar examine reveals some fascinating statistics that underscore the magnitude of the info problem. For instance, over 90% of respondents reported that a minimum of 1 / 4 of their enterprise knowledge was unstructured. As well as, about 40% of respondents admitted that over half of their knowledge lacked correct group. These findings function a robust reminder of the pressing have to prioritize knowledge administration and deal with the problems posed by unstructured knowledge.
The Backside Line
Clear, organized knowledge is the muse of profitable AI implementations. With out it, even probably the most superior AI applied sciences will battle to ship the specified outcomes. The numerous quantity of unstructured knowledge in organizations, as highlighted by our analysis, emphasizes the crucial significance of addressing knowledge administration practices and getting your knowledge so as.
To beat these obstacles, organizations should put money into the proper methods and partnerships. Take an extended, onerous take a look at your present knowledge state of affairs, work out the place you’ll be able to enhance, after which develop a sport plan. Lastly, don’t be afraid to name within the large weapons—skilled options suppliers actually know their stuff and may have the instruments that can assist you get the job achieved!
As Principal Analyst for Keypoint Intelligence’s AI Service, Anne Valaitis attracts on her in depth doc administration and synthetic intelligence experience to assist shoppers determine alternatives the place AI can streamline operations, scale back prices, and form new choices. She has led quite a few analysis initiatives which have influenced at the moment’s doc options panorama.
