Unlocking AI’s Strategic Imperative

Unlocking AI’s Strategic Imperative: Artificial Intelligence Best Practices

This latest article from Hanzo is from its CEO, Julien Masanès, who discusses the importance of unlocking AI’s strategic imperative for enterprises.

The post (Unlocking AI’s Strategic Imperative: From Proof of Concept to Production, available here) discusses how, we likely now all agree that the latest generation of AI has emerged as a game-changer. AI’s potential is undeniable and prevalent across every sector, industry, and use case. Yet, many enterprises remain stuck in the “Proof of Concept” (POC) phase due to various barriers, testing the waters but never diving in.

As Julian notes: “It’s time to move beyond this and build real-world applications using AI.”

Here are a couple of indicators that Julian provides that illustrate how enterprises have embraced AI as a strategic imperative:

  • According to IDC’s AI StrategiesView 2022, within the next two years, firms will prioritize AIOps (16%), augmented intelligence (15%), and discovery and analysis applications (14%). These findings emphasize that AI isn’t merely a passing trend; it’s a strategic imperative shaping the future of our field.
  • IDC’s Worldwide Artificial Intelligence Spending Guide (August 2022) projects that global spending on AI is set to surpass $301 billion by 2026, with a notable 5-year compound annual growth rate (CAGR) of 26.5%. This figure serves as a compelling testament to the vast potential that lies ahead.

So, why haven’t POCs brought about the promise of AI to enterprises (yet)? What are some strategies for scaling AI projects? And how does legal operations illustrate Julian’s points? Find out here! It’s just one more click! Unlocking AI’s strategic imperative for enterprises begins with reading Julian’s article! 😉

So, what do you think? Do you feel like your organization is unlocking AI’s strategic imperative? Please share any comments you might have or if you’d like to know more about a particular topic.

Image created using Microsoft Bing’s Image Creator Powered by DALL-E, using the term “unlocking technology with impressionism”.

Disclosure: Hanzo is an Educational Partner and sponsor of eDiscovery Today

Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, my partners or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.

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