Succeeding with AI
Many AI projects are in progress today, and many of them will fail. This book helps you avoid starting an AI project that's doomed to failure and shows you how to lead the right AI project toward the business results.
Conventional wisdom tells us that the determinant of success or failure of an AI project is the project team's in-depth knowledge of AI technology. It is not. Overfocus on technology, paired with a vague understanding of the actions leaders must take for their AI projects to succeed, causes unrealistic expectations and poor business results. Believing that success with AI is determined solely by technical prowess confounds an enabler with a capability. Although you do need to have technical skills on your team for your AI project to succeed technically, to implement AI in your business, you also need to link technology with business goals. Only humans can do that, and this book shows you how.
Succeeding with AI helps you make your AI projects predictable, successful, and profitable. It's filled with practical techniques for running AI projects that ensure they're cost-effective and focused on the right business goals.
About the technology
Succeeding with AI requires talent, tools, and money. So why do many well-funded, state-of-the-art projects fail to deliver meaningful business value? Because talent, tools, and money aren't enough: You also need to know how to ask the right questions. In this unique book, AI consultant Veljko Krunic reveals a tested process to start AI projects right, so you'll get the results you want.
About the book
Succeeding with AI sets out a framework for planning and running cost-effective, reliable AI projects that produce real business results. This practical guide reveals secrets forged during the author's experience with dozens of startups, established businesses, and Fortune 500 giants that will help you establish meaningful, achievable goals. In it you'll master a repeatable process to maximize the return on data-scientist hours and learn to implement effectiveness metrics for keeping projects on track and resistant to calcification.
You will learn:
- How do you recognize an AI project that will fail business-wise, even if it is technically successful?
- How do you make money for your organization by using AI?
- How do you find actionable uses of AI in your organization?
- How do you manage your AI project to get optimal business results?
- How do you measure the success of your AI efforts in business terms?
- How do you quickly determine if your technical approach is capable of delivering the intended business results?
- Which part of your current technical solution you should improve to get the best business results?
Veljko Krunic is an independent data science consultant who has worked with companies that range from startups to Fortune 10 enterprises. He holds a PhD in Computer Science and an MS in Engineering Management, both from the University of Colorado at Boulder. He is also a Six Sigma Master Black Belt.