Since the last decade, businesses have been prone to adopt AI. Whether to improve efficiency, predict drawbacks, or automate tasks, AI offers enterprises multiple incalculable prospects.

According to recent research, the AI market will reach a staggering 554.3 billion dollars by 2024, with a five-year growth rate of 17.5% CGAR.

Although most leaders are well-informed about the values, still many executives are misplaced where to begin.

In addition, about 65% of organisations have implemented AI by 2023 but lack deep knowledge of their governance policies and prediction models.

This hurdle in AI adoption is because of the difficulty in crafting a solid and useful AI strategy, the lack of understanding of AI best practises, and the lack of in-house staff to come up with valuable progressive solutions.

Enterprises that need help coping with this issue most often seek the help of business consultants, who guide them through learning how AI can boost their particular needs and integrate, design, and execute clever algorithms that let the business succeed.

So, in this blog, we will explore the types of AI, the pros of picking the best AI consultants, and how AI consulting services are a gateway for enterprises to future-proof their firms from defeats.

Let’s start!

 

Varied ways in which companies can utilise AI

There are multiple ways organisations can use AI. Let’s see some of them.

Assisted Intelligence: With the mastery of data science and big data, assisted intelligence automates rule-based and mundane tasks. It automates all these daily processes that need loads of repetition. A common instance is the GPS navigation app, which helps in finding the way to an exact destination.

Augmented Intelligence: It is a mixture of NLP, ML, and OR that allows humans and processes to do chores that cannot be performed at past with least human help. Detecting fraud in a system and risk analyses are some examples of augmented intelligence.

Autonomous intelligence: In this type of AI, machines perform actions without the need for human intervention. An example of this type of AI is self-driving automobiles.

The route to AI execution is not free of issues, which is why the role of an AI consultant is vital.

Now that we are familiar with the types of AI, let’s take a jump toward learning the advantages of AI consulting and the most suitable path to choosing the perfect AI consulting service.

 

Advantages of choosing the AI business consulting

Building a useful AI strategy can be challenging for most organisations. An AI consultant with the right expertise in the field will save your business time during the implementation of an AI strategy.

During the formulation of an AI strategy, a huge amount of data needs to be collected and evaluated to build the correct AI solution. AI consulting services come with advanced programs and software that help solve the AI implementation process.

The excellence that AI strategy services deliver will support the organisation in recognising bottlenecks and proposing the most suitable resolution based on what is right for the company.

 

How is AI consulting a gateway for enterprises to future-proof their firm?

Formulating the perfect strategy: Each business has its own set of encounters, and AI adoption can help eliminate these. AI consulting services provide a profound knowledge of the business’s current status and are aware of processes in the business ecosystem that need AI infusion. Also, inadequate forecasting and planning can lead to failures in AI implementation. So, AI consultants need to predict to what extent AI will benefit the business to avoid letdowns.

Data identification and collection: Once the AI strategy is identified, consultants move forward to decide which data set is required to make and train the AI model. The business must be informed, and a data collection plan must be created.. All collected data must be in the form of careful documentation stating its properties and quality with special notes in documents. Once the data is collected, duplicates, errors, or incorrect values need checking.

Training the AI model: After analysing and collecting data, the training, evaluation, and fine-tuning of the AI model begins using multiple algorithms. The data scientist compares each AI model and decides on the perfect one that fits the business needs based on its performance.

Deployment: AI model monitoring and deployment most often require an AI consultant. They set up the systems needed to run the model at the right scale for the business. This step requires constant assessment and recreation over a time period based on model behaviour.

Implement governance policies: AI consultants establish clear rules and guidelines that cover the list of descriptions of transparency, data privacy, and decision rights. They also need to set up a system to monitor and report any errors in the model.

Apply training and support: AI consultants always ensure that the internal staff of the organisation are well-trained to rescue bottlenecks that occur in the implementation of AI in the very first step. Also, AI consultants provide ongoing support to the staff until they are well-trained to use AI models themselves.

 

Sky Potential UK is the perfect AI consulting service provider for your business

Craft custom-made AI solution: Most AI consultants offer readymade AI models, which let businesses use pre-developed AI models and customise them to fit their business needs later on. An AI consultant with an in-depth grasp of best practises and tools, like the Sky Potentials team of AI consultants or an AI-based custom software development company, can offer such AI models.

Industry expertise:   When selecting an AI consultant, organisations ensure the one they select is experienced in the industry to which the organisation belongs. AI consultants must have a saviour-faire of the technologies related to that industry to deliver advanced solutions. However, AI consultants who are experts in a single industry can be less flexible with advanced solutions. So, it’s ideal to find someone with expertise in multiple industries and who can think outside the box.

Streamlined operational model: Most firms nowadays perform in-depth AI audits to ensure that all processes operate properly in accordance with AI. AI solutions can add value by suggesting the most practical resolution that will display actual optimisation. In other words, a business may have an issue but lack the data to get a resolution. Here comes the AI consultant demand that helps deliver innovative strategies from the ground that can resolve the issue. Even in most situations, some versions of a solution exist already, and AI consultants need to tweak it to adjust it accurately per the business’s particular requirements.

 

Conclusion

The unique role of AI consulting services goes beyond implementing AI strategies using ML algorithms and data collection. It transforms a business’s manual operation into automation. It is all about realising AI’s real value by infusing it into a business system.

So, if you want to embed AI into your business processes, contact Sky Potential UK.

Also, we offer custom software development services. If you want to build AI-based software, we can do that.

Not only this, our expertise is expanded to “blockchain consulting” or “blockchain services.”

Get in touch with us!