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© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 1
AI for
The Value Paradigm
Enterprises
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 2
Consumer AI is driving New Enterprise Business models
Data Explosion
++
Intelligent
Chatbots
Smart
Speakers
Facial
Recognition
Systems
Autonomous
Cars
Velocity
Sensors
Variety
Text, Image, Video
Volume
Web traffic Analytics + AI
New Enterprise
Digital Business
Models Powered
by AI
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 3
AI for Enterprises – The Emerging story
Spend
$35.8 billion
$79.2 billion
in 2019
in 2022
$3.5 to $5.8 trillion
Value Potential
Source: McKinseySource: IDC
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 4
AI for Enterprises – Future is promising, but adoption has challenges
Expectations for AI adoption across industries: impact on offerings
To what extent will the adoption of AI affects your organization’s offerings today and five years from today?
Percentage of respondents who expect a large (“a lot” or “great”) effect on five-point scale
Data Challenges
Need for massive data sets, difficulties
in explaining results, generalizing
learning, and potential bias in data and
algorithms
Organization Challenges
Challenges around technology,
processes, and people can slow or
impede AI adoption
Societal Concerns &
Regulations
Use and storage of personal
information is especially sensitive in
sectors such as banking, health care,
and pharmaceuticals
Value Realization
The cost and complexity of deploying AI
may simply not be worthwhile, given the
value that could be generated. Data and
techniques are maturing, but the value is
not yet clear.Source: Forbes
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 5
AI for Enterprises – A deeper look
Timeline
Why
Adopt?
Phase
2015 2018 2025 2035
Try something new
or
A Hype
Hype Phase
Solves a problem
Correction Phase
Part of day to day
life
Determination
Phase
INNOVATORS EARLY
ADOPTERS
EARLY
MAJORITY
LATE
MAJORITY
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 6
AI Adoption – Innovators
Operational
Effectiveness
Functional
Transformation
Smart Appliances Preventive Maintenance
Enterprise Sales
and Marketing
Supply Chain Planning
Personalization
Chatbot and Virtual
Assistants
Customer
Experience
Product
Innovation
Enterprise
Technology
Ecommerce
Enterprise Technology Use Cases
41% of Tech companies are launching or modifying new business models in the next 2-3 years
Source: IBM
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 7
AI Adoption – Early Adopters
Operational
Effectiveness
Smart Appliances
Customer Experience
Product
Innovation
Retail Use Cases
At 40% CAGR, AI in Retail market size is expected to cross $8 billion mark by 2024
BFSI Retail Healthcare Automotive
Predicting & influencing
customer behavior
Chatbots for customer
support
Tracking customer
satisfaction
In-store assistance
Eliminating overstocks
and out-of-stocks
Price Optimization
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 8
AI Adoption – Early Majority
Data powered sales activation
Professional
Services CPG
CPG Technology Use Cases
Operational Effectiveness Functional Transformation
Individualized store
assortments
Demand forecasting
RoI measurement for
marketing spend
With AI and advanced analytics at scale, CPG companies can generate more than 10% revenue growth
Source: BCG
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 9
AI Adoption – Late Majority
Operational
Effectiveness
Customer Experience
Product
Innovation
Education Use Cases
Personalized learning
Chatbot and Virtual
Assistants
Automation
New efficiencies
Education Oil & Gas
Global Learning
Smart content
Virtual Facilitators
AI-enabled e-Learning tools will reach over $6 Billion in market size by 2024
Source: elearningindustry.com
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 10
AI Adoption – Value drives adoption
INNOVATORS
Pan-Enterprise
Transformation
EARLY ADOPTERS
Customer Experience &
Operational Effectiveness
EARLY MAJORITY
Growth
LATE MAJORITY
Innovation
No matter where you are in the curve, there is
potential for value realization
Value is most tangible when adoption is tied to
business outcomes
Extent of Adoption and value are tightly correlated
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 11
AI Adoption – Value view of AI
Consumer
Business
Business
New types of data
Value: Build a robust data ecosystem,
drive better visibility and control
Data-driven decisions
Value: Real-time insights and
recommendations delivered across the
enterprise, at the point of decision making
Superior CX, Innovation for better lives
Value: Customer focused decisions drive
growth and make lives better
© Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 12
AI for the Digital Enterprise
Big BRIDGEi2i Logo here
www.bridgei2i.com | www.humansofanalytics.com
Head over to
BRIDGEi2i’s Humans
of Analytics booth
And get a chance to
share your story with
the world

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AI for Enterprises-The Value Paradigm By Venkat Subramanian VP Marketing at Bridgei2i Analytics

  • 1. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 1 AI for The Value Paradigm Enterprises
  • 2. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 2 Consumer AI is driving New Enterprise Business models Data Explosion ++ Intelligent Chatbots Smart Speakers Facial Recognition Systems Autonomous Cars Velocity Sensors Variety Text, Image, Video Volume Web traffic Analytics + AI New Enterprise Digital Business Models Powered by AI
  • 3. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 3 AI for Enterprises – The Emerging story Spend $35.8 billion $79.2 billion in 2019 in 2022 $3.5 to $5.8 trillion Value Potential Source: McKinseySource: IDC
  • 4. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 4 AI for Enterprises – Future is promising, but adoption has challenges Expectations for AI adoption across industries: impact on offerings To what extent will the adoption of AI affects your organization’s offerings today and five years from today? Percentage of respondents who expect a large (“a lot” or “great”) effect on five-point scale Data Challenges Need for massive data sets, difficulties in explaining results, generalizing learning, and potential bias in data and algorithms Organization Challenges Challenges around technology, processes, and people can slow or impede AI adoption Societal Concerns & Regulations Use and storage of personal information is especially sensitive in sectors such as banking, health care, and pharmaceuticals Value Realization The cost and complexity of deploying AI may simply not be worthwhile, given the value that could be generated. Data and techniques are maturing, but the value is not yet clear.Source: Forbes
  • 5. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 5 AI for Enterprises – A deeper look Timeline Why Adopt? Phase 2015 2018 2025 2035 Try something new or A Hype Hype Phase Solves a problem Correction Phase Part of day to day life Determination Phase INNOVATORS EARLY ADOPTERS EARLY MAJORITY LATE MAJORITY
  • 6. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 6 AI Adoption – Innovators Operational Effectiveness Functional Transformation Smart Appliances Preventive Maintenance Enterprise Sales and Marketing Supply Chain Planning Personalization Chatbot and Virtual Assistants Customer Experience Product Innovation Enterprise Technology Ecommerce Enterprise Technology Use Cases 41% of Tech companies are launching or modifying new business models in the next 2-3 years Source: IBM
  • 7. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 7 AI Adoption – Early Adopters Operational Effectiveness Smart Appliances Customer Experience Product Innovation Retail Use Cases At 40% CAGR, AI in Retail market size is expected to cross $8 billion mark by 2024 BFSI Retail Healthcare Automotive Predicting & influencing customer behavior Chatbots for customer support Tracking customer satisfaction In-store assistance Eliminating overstocks and out-of-stocks Price Optimization
  • 8. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 8 AI Adoption – Early Majority Data powered sales activation Professional Services CPG CPG Technology Use Cases Operational Effectiveness Functional Transformation Individualized store assortments Demand forecasting RoI measurement for marketing spend With AI and advanced analytics at scale, CPG companies can generate more than 10% revenue growth Source: BCG
  • 9. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 9 AI Adoption – Late Majority Operational Effectiveness Customer Experience Product Innovation Education Use Cases Personalized learning Chatbot and Virtual Assistants Automation New efficiencies Education Oil & Gas Global Learning Smart content Virtual Facilitators AI-enabled e-Learning tools will reach over $6 Billion in market size by 2024 Source: elearningindustry.com
  • 10. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 10 AI Adoption – Value drives adoption INNOVATORS Pan-Enterprise Transformation EARLY ADOPTERS Customer Experience & Operational Effectiveness EARLY MAJORITY Growth LATE MAJORITY Innovation No matter where you are in the curve, there is potential for value realization Value is most tangible when adoption is tied to business outcomes Extent of Adoption and value are tightly correlated
  • 11. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 11 AI Adoption – Value view of AI Consumer Business Business New types of data Value: Build a robust data ecosystem, drive better visibility and control Data-driven decisions Value: Real-time insights and recommendations delivered across the enterprise, at the point of decision making Superior CX, Innovation for better lives Value: Customer focused decisions drive growth and make lives better
  • 12. © Copyright BRIDGEi2i Analytics Solutions Pvt. Ltd. All Rights Reserved. 12 AI for the Digital Enterprise Big BRIDGEi2i Logo here www.bridgei2i.com | www.humansofanalytics.com Head over to BRIDGEi2i’s Humans of Analytics booth And get a chance to share your story with the world