How to make your product AI ready?

Fabian |

25. Jun 2019 |

- min Lesezeit

AI is a hype everybody wants to jump on. In order to apply AI for your product you have to do your homework. You have to treat your data as your most valuable asset. You have to collect, store, treat and use it as your greatest treasure. You have to establish a data driven culture and establish all necessary processes to naturally utilize data. You have to know and understand your data. This article provides a step-by-step guide to make your product and team ready for AI.

Imagine the following situation: * You come to the office on a Monday morning * Get to the elevator and your boss steps in * Door closes. Then the boss says: “what happened to our product?” * You (recognizing that this is not going in a good direction): “what do you mean?” * Boss: “Haven‘t you seen it?” * You (slightly stressed, now definitively knowing that is not the start of the day you expected): “What?” * Door opens, the boss steps out grunting: “The conversion is down. Fix that.”

Can you relate to that situation? Have you ever experienced this kind of situation? At least you are not alone. According to Gartner 87% have low business intelligence and analytics maturity.