AI Readiness Archives

MOVING BEYOND SPREADSHEETS: The Key To Modern Data Management

We all love our spreadsheets and there’s no doubt they have their place, but in today’s fast paced business environment, reliance on spreadsheets for data input can be a significant bottleneck. While spreadsheets are versatile and familiar, they pose risks related to data accuracy, security and efficiency. This is particularly important for businesses looking to adopt AI, as accurate and well-structured data is crucial for training and deploying these models effectively. Businesses must explore alternative strategies to streamline processes and enhance data management, ensuring they can leverage Big Data to gain a competitive edge. The Double-Edged Sword of Spreadsheets 1. Familiarity and Ease of Use: A Comfort Zone with Hidden Costs Spreadsheets are widely used because of their intuitive interfaces [...]

Understanding AI Readiness: A Guide for Businesses

Artificial Intelligence (AI) is transforming industries, driving efficiency, innovation, and competitive advantage. However, the journey towards AI adoption is not straightforward. It requires a foundation of robust data practices, governance, and security. This article delves into what AI readiness means concerning data, data structure, data governance, and data security, highlighting the importance of data literacy and collaboration for achieving a workable AI solution. Data: The Lifeblood of AI Quality and Quantity: AI systems thrive on data. The more high-quality data you have, the better your AI models will perform. Quality data is accurate, complete, reliable, and relevant. It's crucial to collect a diverse range of data to ensure your AI systems can generalise well across different scenarios. Data Sources: [...]