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Step 1

AI or not?

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

1

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: 

  1. To "increase profit", you can focus on "increasing sales" or "reducing costs".

  2. 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

  3. An AI solution can now help with one or more of these tasks.

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