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The importance of AI and Data in driving enterprise performance

Turning data into insights has never been more critical to business success. Many businesses are looking to accelerate their journey to AI and looking for ways to harness the enormous amount of enterprise-wide data that is generated every day. But what is stopping enterprises from leveraging that data today?

“There are several barriers hindering AI adoption such as understanding the value that AI brings, availability of the required tools like cloud enabled infrastructure data readiness, as well as the availability of proper skills to build AI models. Any enterprise can overcome these barriers by building some of the capabilities internally as well as selecting the right partner to help them on their digital transformation journey, a part that GBM is covering with many of our clients,” said Mohamed Riaz, General Manger, GBM Dubai.

Understanding the importance of a robust data strategy and the fact that organised data forms the bedrock to AI innovation is critical, and the most important step in starting any AI journey. We are seeing a shift in an AI-first world where mobile centricity is getting replaced with personalised user-centricity, this is where conversational AI has the potential of being a curator of services and experiences that can intelligently fulfil the needs of customers and engage them emotionally anytime and anywhere, using intelligent AI engines.

Moreover, AI can also have a significant impact when it is applied to Sustainable Performance Management, an area that has seen a greater adoption within the overall realm of Corporate Performance Management. Today there is a much higher emphasis on goals such as sustainability, environmental impact, social welfare, and governance (ESG) in addition to the existing Performance Management.

Join Beyond the Hype – How AI and Data are driving enterprise agility event hosted by GBM and IBM on the 23rd of June to learn more about the current trends, issues, challenges, and opportunities in the field of Data Management, AI and Sustainable Performance Management by using AI and analytics tools and technologies.

At the event, attendees can get a chance to engage and learn from industry experts such as Muhammad Raza Jessani, SVP – Head of Strategic Planning & Business Analytics Dubai Islamic Bank, Mostafa Zafer, VP Data & AI and Automation MEA from IBM, Joy Paul, Regional Leader – Analytics, AI, Risk & ESG from GBM and Savio Monteiro, Director – Digital Business Solutions from GBM Dubai.