Step 1: Does your problem need AI? And if so, are you ready to use it? This step helps you define your business problem better, and check our data & process readiness for AI
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Define the Problem:
AI solves specific tasks, not big problem statements. So break down your business problem into the tasks needed to achieve it.
For example:
To "increase profit", you can focus on "increasing sales" or "reducing costs".
If you wish to increase sales, you could:
identify the right customers
determine what they want
predict when they will make a purchase
decide the optimal pricing
automate engaging them at scale
An AI solution can now help with one or more of these tasks.
