Every Company Needs an AI Strategy or It will be Left Behind

In Its Quantity and Complexity, Data is Increasingly Difficult to Leverage without the Assistance of Machines that Process and Learn from It

Editorial

November 9, 2017

By Brian Krzanich

Today, I spoke at the New York Times Dealbook conference about the urgency every company should work under to put an AI strategy in place. As the pace of the digital revolution accelerates, businesses must make fast, critical decisions based on the increasing amount, complexity and diversity of data. To manage this deluge, companies need artificial intelligence (AI) strategies or they will be left behind.

The amount of data available exceeds the capabilities of human analysts to process its quantity and complexity. It becomes increasingly difficult to leverage effectively without the assistance of machines that not only process but also learn from that data.

Press Kit: Artificial Intelligence

AI will enable businesses to manage complex data as well as provide unprecedented opportunities for real-time decision-making, dynamic operations management and customer response.

This isn’t future-gazing. Companies around the world – from banking and health care to manufacturing and consumer services – use AI to analyze data and build learning organizations that adapt and compete at an unprecedented pace. Some examples:

These are just a few examples of the exciting innovations companies are able to implement using AI platforms. There are four key guidelines companies should follow to stay on track for an AI-empowered future:

At Intel, we’re focused on making AI a significant part of our portfolio. The same technology that will solve our own internal business challenges will help our customers. Examples where AI optimizes solutions include factory processes, strategic planning and IT data center operations. Those use cases are among many and they are the reasons we see AI as a strategic part of our Intel Capital investment criteria.

To help, Intel offers a suite of AI products – hardware and software – for nearly every use case imaginable. We are taking the lead on AI integration into business operations by providing flexible, scalable solutions across business scenarios. The most forward-thinking companies are already gaining a competitive advantage through AI. As we look to the future, an AI strategy will no longer be optional, it will be a condition for survival.

Companies must build and execute AI strategies now to be relevant tomorrow.

Brian Krzanich is the chief executive officer of Intel Corporation.

About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world's first commercially available "conflict-free" microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel's conflict-free efforts at conflictfree.intel.com.

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