Intelligent CIO Africa Issue 14 | Page 42

FEATURE: AI ////////////////////////////////////////////////////////////////////////// Marko Salic, CEO of the Argility Technology Group THE USE OF AI FOR FUTURE COMPETITIVENESS AND INDEED SURVIVAL IS CRUCIAL. data storage, communication, analytics, transactions and more. AI is now at the top of the digital technology stack extracting meaning from all available data and intelligently prescribing the best action that every situation requires. It has application in every sphere of the commercial world: manufacturing, heavy industry, health sector and public sector etc. A digital make-over It is inevitable that AI will be widely deployed with immense benefits being gained by exploiting the opportunities associated with it, which include cost reductions and enhanced productivity. 42 INTELLIGENTCIO Examples of the development and disruptive capabilities of AI abound. The use of AI for future competitiveness and indeed survival is crucial. For most traditional businesses, developing and finalising a robust business value proposition and a business model based on a new direction takes a long time. It often requires bold decision making at C-suite level as a number of organisational changes and change management are required if a company is to transform in order to deliver to a new business model based on new disruptive technologies. Companies ready to tackle transformation through the implementation of disruptive technologies, like AI, will thrive, whereas those who procrastinate are doomed to the fate of the dodo. n COMPANIES READY TO TACKLE TRANSFORMATION THROUGH THE IMPLEMENTATION OF DISRUPTIVE TECHNOLOGIES, LIKE AI, WILL THRIVE, WHEREAS THOSE WHO PROCRASTINATE ARE DOOMED TO THE FATE OF THE DODO. www.intelligentcio.com