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Data Empathy - Developing AI-driven Business Solutions For Human Augmentation
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With the artificial intelligence (AI) age upon us, many organizations (from startups, nonprofits to large companies) have already started investing in the process to leverage it, allowing them to create competitive advantages never imagined possible before. The difficulty in getting started with AI is what business problems focus on, how to unpack that problem and what components need to be considered before you continue investing money and time Data Empathy is a simple easy-to-use framework allowing you to demystify and get started with AI in your organization quickly.
Every organization today is a data company. No effective decision can be made without it. Data is the core of any AI algorithm. AI uses data to discover patterns and relationships not possible with conventional technology. According to IBM and Forrester research (respectively), 90% of the world's data created in the last few years and only 12% being effectively leveraged; organizations today are overwhelmed by the 5Vs of data: Volume, Velocity, Variety, Value and Veracity. Traditional systems and processes cannot handle the ocean of data to help them gain a competitive advantage. It requires new methods such as machine learning (subset of AI) and new thinking like building Data Empathy to harness this new asset.
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