What exactly do you do? Take a critical look at your business and try to figure out what you would love to do better. Now ask yourself this question, “how best do you think you can free up more working time so that you can focus on other areas of your business?” Do you even think it is possible? We will be happy to burst your bubble; implementing AI-ML solutions for your business gives you an unprecedented advantage in your business and over your competitors.
We will tell you this for free. AI-ML solutions for business transformation is the future and the earlier you key into this amazing technology for the benefit of your business, the better.
Why AI-ML Solutions for Business Transformation in Various Industries?
Just so you know, AI is still an evolving technology and it is already doing so much in enabling businesses and industries to optimise business performance and enhance growth. Therefore, it is very safe to say that implementing AI-ML solutions in your business is majorly tied to the need for improved productivity.
If you consider the benefits of implementing technological solutions to businesses and the results so far, you will see that there are so many accomplishments in businesses today that would have been impossible to achieve if not for the advent of implementing AI-ML solutions.
When you deploy AI-ML solutions for business transformation, you can use a few seconds to achieve what it would take many people to do for several days. A very good example is online marketing that targets the ideal users of your product. By Implementing machine learning in your business, you can study user behaviours and analyse important data as per their shopping picks and tailor advertising your goods to them before they even think of buying them.
If we think back to the old times, this would have cost a lot of brainstorming, surveys, and series of analysis to identify and understand user preferences before even selecting their preferred choice of goods.
Today, implementing AI-ML solutions in businesses is the game changer as you can do so much by just clicking a single button on your devices.
The Key Step-by-Step on Implementing AI-ML Solutions In Your Business
If you have been tasked with the job of implementing AI-ML solutions using the best AI tools or even platforms, you need to understand that it requires more than just using a mobile app, or automating tasks for your team. Implementing AI-ML solutions requires you to get a technology solution that truly improves workflows and ensures that the workload on your staff is reduced and some of them, even automated. But it will require you to follow certain steps that ensure you choose the best tool.
Here are the best steps to consider when adopting AI-ML technologies in your organisation.
Step1: Know What AI Can Do and Cannot Do
Before jumping to adopting AI-ML technologies in your organisation, you should seek some good knowledge about the tools, the features, platforms and functionalities. Consider your business structure side by side and see what aspects of your business will be enhanced by implementing AI-ML solutions.
You must ask relevant questions at this stage and a few very important questions to ask include;
- What industry is my business in?
- What AI tools are the best for this industry?
- What are the areas of implementing AI-ML solutions in my business?
- What are the expected results?
Knowing what AI can or cannot do is an essential part of your research in finding the best ways of implementing AI-ML solutions for your business. This stage will set the right foundation for you and create the path for you to make the best decision for the adoption of AI-ML solutions.
Step2: What are Your Goals for Implementing AI-ML Solutions?
Considering all the goals you would love to achieve by implementing AI-ML solutions will further shape the whole process for you and you will be closer to making the best decision.
Some important questions you can ask in this step include;
- What areas can AI improve in your business?
- Can an AI powered software be used to enhance performances in these business areas?
- How will this boost the overall workflow of my business?
The importance of considering your targeted goals gives you the power to sieve your list of preferred AI tools and platforms and to easily make a pick among the many tools for implementing AI-ML solutions.
Step3: Discover the main benefits you intend getting from implementing AI-ML solutions
There are so many benefits for you when you consider implementing AI-ML solutions for your business but you cannot have it all. So you need to be very realistic with the value that AI-ML solutions in your organisation can give you. Knowing the value that you will be getting from implementing AI-ML solutions will help you to set the right expectations.
For most businesses engaged in implementing AI-ML solutions, it is majorly to improve productivity and performance as well as reduce cost of operation by automating repetitive tasks.
But wait. There is another fantastic reason that you may consider in implementing AI-ML solutions, and that would be enhancing customer service.
Discovering the main benefits of implementing AI-ML solutions for your business is an important step because it narrows your expectations to exactly why you are investing in AI-ML tools and at what point would you say, oh yes, this is beginning to pay off for my business.
Having put all the three steps together, you should know the most suitable AI-ML tools for your business and what areas of your business you will be boosting in terms of performance and productivity.
Step4: Consider the technical skills of your current staff
Planning and every other thing we have mentioned above would not be properly implemented if your staff are not ready or able to go through the required process of implementing AI-ML solutions.
With the best team at your disposal, you will put up a great tech adoption, so you must ask the right questions. Questions like,
- How many of my staff have technical skills?
- What technical skills do they have?
- How far can we go together?
- Do we need more tech savvy staff?
- Should we just outsource the implementing AI-ML solutions to a third party?
Note that you do not have to do the implementation with internal staff as outsourcing is a very good option to explore. When you outsource such a task, your team will have the opportunity to explore different collaborative ways of working and learning from the best. This means you will be indirectly training your staff on implementing AI-ML solutions since they will go through the process together.
You can also hire staff on contract, say for 3-6 months to work with your existing team for implementing AI-ML solutions for your business.
Reach out to us to help you hire the best team to handle implementing AI-ML solutions for your businesses.
Step5: Start implementing AI-ML solutions
You have learnt about adopting AI-ML solutions.
You have accessed your goals.
You have considered the benefits of implementing AI-ML solutions for your business.
You have performed internal team evaluation.
Now is the time to actually start implementing AI-ML solutions into your business.
Your team may consider implementing custom AI-ML solutions for your business, which will of course take some time. So, you must have good oversight on the team as well as exercise some patience with them as they carry on the job.
Implementing AI-ML solutions can also be done using an “already built AI-ML system”. This is a lot quicker and will only require some instalments, sensitisations, training, etc.
Whatever option you finally agree to go with must concur with the set goals for your business and try not to rush the team. Rushing them may lead to creating some vulnerabilities or weaknesses that may lead to attacks on data, user privacy, etc. You do not want that for your business at all.
We have several cases where some big companies rushed the implementation phase and ended up implementing AI-ML solutions with too many vulnerabilities and weaknesses which ended up being exploited by cyber criminals. We believe that things would be better in terms of security if they took their time to get things right.
Step6: Perform System Testing on the Adopted AI-ML technologies in your organisation
Testing is one of the most important aspects of implementing AI-ML solutions in your business so you better always take this step as seriously as possible. You must perform security tests, performance tests and other important aspects of the AI-ML solutions for your business transformation.
Performing the right tests will help you to identify and address any vulnerability and weaknesses at an early stage before they get discovered by attackers and cyber criminals for data breach and attacks.
Testing will also help you ensure your users will not have any issues when using the product. While performing testing on your systems, you have the opportunity to keep records of progress made and the goals you are hitting which you must have set in step2.
You can measure the level of satisfaction from users, at the security level, navigation issues, server, the AI-ML tools or platform performance and how this whole technology works for your business.
You may also ask, if your staff now have more freed-up time to do other important tasks and how many tasks have been automated for enhanced performance?
Consider checking the statistics on areas of improvements, such as customer service satisfaction, usability improvement, automation, sales improvement, enhanced performance and productivity.
When the results come in, we are pretty sure, you should be smiling at ease and maybe you will think of implementing AI-ML solutions in other areas of your business.
Step 7: Study Progress to Make Refinements on the implemented AI-ML solutions
Remember we mentioned that AI-ML solutions for business transformation are still new and evolving. So, as much as it is very important for businesses to start implementing AI-ML solutions they also need to take it easy. As in, observe all previous steps, take things slow, and always study the progress, make adjustments and needed changes at all times.
Implementing AI-ML solutions does not mean you can go to sleep after the adoption of the technology. You must monitor performance, get a reasonable amount of data and use the reports/analysis to implement new improved changes.
Sometimes, you just need to do an upgrade on software or change the method of implementation or type of tools adopted. It may also just be adding more AI-ML tools to the existing ones and doing other relevant things to help you stay ahead of the trends.
You may also need to rework on the algorithms and influence how you use your app.
Sometimes, after you go through this step, it may require you to do a complete overhaul of the implemented AI-ML solutions which would cost you more. Do it. It is worth it.
Implementing AI-ML solutions can be very challenging, in fact, we can tell you for sure that it is not easy. You must be goal oriented, have a knack for using new technologies to revolutionise your business and also have some high level of patience with the team responsible for implementing AI-ML solutions for your business.
5 Common Challenges in Integrating AI-ML in business processes
You must have seen it everywhere that implementing AI-ML solutions in your business does a lot of wonders and brings in good results. While this is very thorough, we would like to bring to your knowledge that adopting AI-ML technologies in your organisation comes with its own challenges.
As important as it is to know the step-by-step guide for AI-ML implementation, you should also know about some of the challenges in Integrating AI-ML in business processes.
Let us take a look at a few of them.
Implementing AI-ML solutions into existing systems
This is a serious challenge among many businesses out there as there are several conditions that must be met in order for this project to be successful.
There are businesses that want to do this, but are not ready to go through the required processes. We are talking about spending the required amount of money in hiring the skilled personnel, buying the right AI-ML tools, setting up upgraded infrastructures, among others.
To overcome this challenge of implementing AI-ML solutions, businesses must learn about the worth of implementing AI-ML solutions and everything it will take to get it done.
Data Security Issues
Implementing machine learning in your business usually requires a high amount of data so that it will enable the technology to do a proper analysis for enhanced decision making. While this makes sense, sometimes you may battle with having enough storage space. And sometimes trying to seek this out can lead to data breach.
To overcome this challenge, we advise that you explore using some cloud storage services which allows you to move and store sensitive data on the cloud. You may also decide to hire a third-party company to manage all your sensitive data and such company must offer you the best level of security.
Infrastructure
Adopting AI-ML technologies in your organisation requires having all the right infrastructures in place. You cannot be integrating AI-ML in business processes of your business while you have outdated infrastructures. That will make the whole investment and resources unproductive for you and your goals will definitely be cut short.
Implementing machine learning in your business works at high speed and so it will only be compatible with infrastructures that have high end processors.
To overcome this challenge, you must upgrade all your old machines to modern ones and with the right high end processor speed. Also make sure the AI-ML environment is robust enough to accommodate the process of implementing AI-ML solutions in your business.
Conclusion
In this step-by-step guide for AI-ML implementation guide, we have discussed some very important aspects in AI-ML implementation. We looked at the benefits, the challenges and considerations when Implementing AI-ML Solutions, why AI-ML solutions for business transformation in various industries is a game changer and a look at the step-by-step guide for AI-ML implementation.
Implementing AI-ML Solutions into your business is one of the best steps that you can take in this modern period to keep you in the market and help you maximise profits. With AI-ML, you would be keying into the future of work by improving work performance and productivity.
If you would like to begin implementing AI-ML solutions for your business and you need the best advice or teams, reach out to us now and let us help you.
