The definition and business value of digital transformation took another leap forward when artificial intelligence (AI) and machine learning (ML) entered the conversation. A typical digital transformation project will produce dozens or even hundreds of significant deliverables. Unlike the project management deliverables, many technical deliverables can be enhanced by applying AI/ML technology. Here are some of the major digital transformation deliverables that AI/ML can boost. Consider including these concepts as you plan your digital transformation projects. Data quality improvements The success of digital transformation initiatives is highly dependent on quality data. Unfortunately, the data quality in many application datastores is inadequate. Manual analysis and correction of data errors are expensive, time-consuming and tedious. Engineers can enlist AI/ML to rapidly identify errors and propose corrections with a high degree of accuracy. This capability improves the success of digital transformation initiatives by reducing elapsed time and costs while increasing quality. The benefits of improved data quality include: Higher confidence level in recommendations produced by data analytics. Improved understanding of operational performance. Higher confidence level in the accuracy of reported KPIs. Unstructured data to structured data conversion Achieving value from digital transformation projects is almost always hampered by much more corporate data […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
