Delivering On The Promise Of Artificial Intelligence
Seth Earley’s New Book, THE AI-POWERED ENTERPRISE, Provides Practical Guidance For Implementing Transformative AI Solutions
“We know how we want our companies to work. Enterprises ought to be customer-focused, responsive, and digital. They should deliver to each employee and customer exactly what they need, at the moment they need it. The data and technology to do this are available now,” declares artificial intelligence expert Seth Earley. Nonetheless, AI continues to stumble when it comes to making this a reality. In his new book, THE AI-POWERED ENTERPRISE: Harness the Power of Ontologies to Make Your Business Smarter, Faster, and More Profitable (LifeTree Media/April 28, 2020), Earley provides practical approaches for solving the data management problems that are at the heart of this disconnect, showing how organizations can truly deliver on the promise of AI.
“To create transformative AI solutions, we need a holistic, synergistic, and simultaneously integrated flow of information,” explains Earley, who has helped companies across industries to manage data to enable digital transformations. The problem is that, all too often, this foundational principle is ignored, given short shrift, or deprived of resources.
The answer, Earley says, lies in ontology – a consistent representation of data and data relationships that can inform and power AI technologies. In other words, ontology is “the master knowledge scaffolding of the organization.” Without it, any AI-driven transformation will be slow, costly, and less effective.
In language accessible to a non-tech audience, Earley draws on examples from numerous client companies to describe what correct execution of data management looks like. He addresses how to manage this transformation, step-by-step, covering such issues as:
Customer Experience – Customer experience is hard to get right and easy to get wrong. “It’s a question of the proper integration of technology,” writes Earley. He explores the roadblocks that hinder a systematic approach to customer experience, and offers a solution: a “high-fidelity journey map” that accounts for how technology represents and enables elements of the customer experience.
Marketing – Good marketing is about presenting the right content at the right time to engage the customer. Today, this means reading the online equivalent of physical body language: “the digital breadcrumbs, cues, and clues that tell us about what our customers need, how we can meet those needs, and how to best present the content most likely to engage the customer at that moment in their journey.” According to Earley, digital marketers must become knowledge enablers, champions of data quality, architects of digital systems, and keepers of the ontology that powers it all.
Ecommerce – Ecommerce is where ontology-powered AI can have its biggest impact, says the author. Its success or failure depends on the quality of data. THE AI-POWERED ENTERPRISE addresses how to enhance this quality by improving both customer classification and product taxonomies (categorizations) based on features and relationships.
Sales Process – “AI technologies can improve every part of the sales process by freeing sales staff from routine tasks and making them more efficient,” Earley writes. He discusses effective use of AI-powered chatbots in customer interaction; machine learning to train AI systems to identify sales prospects; and sematic search to recommend the most productive approaches to sales leads.
Employee Productivity – AI and efficient knowledge retrieval systems can enhance productivity across a range of tasks. The author describes how to overhaul knowledge management systems and text analytics so they can be used in making hiring decisions, training employees effectively, and providing them with access to the correct, contextualized information in their day-to-day work.
In addition to these issues, Earley explains how having the right ontology and data structures can enable AI to improve supply chain dynamics and logistics – and can even have powerful impact on strategy and governance issues. Moreover, he outlines the basic principles that should guide leaders who are undertaking digital transformations of their organizations.
“The winners and losers of the next fifteen years will be determined by who best harnesses AI for solving business problems for employees and customers,” Earley contends. Combining a sophisticated explanation of how AI works with a practical approach to applying it to a range of business problems, THE AI-POWERED ENTERPRISE is a must-read for CEOs, CMOs and technology executives – along with anyone who wants to understand the role of AI and how to get a jump on the opportunities it presents.
# # #
ABOUT THE AUTHOR
SETH EARLEY is CEO of Earley Information Science (EIS), a leading consulting firm focused on organizing information for business impact, with expertise in knowledge strategy, data and information architecture, search-based applications, and information findability solutions. He is currently on the editorial board of the Journal of Applied Marketing Analytics and is a former Data Analytics department editor for IEEE’s IT Professional magazine. He lives in Carlisle, Massachusetts.
With brutal honesty, Warner details the inner struggles and personal triumphs of a man catapulted to a level of fame for which he was not prepared. While millions of fans across the globe were learning the dance steps to his latest single, Wayne grappled with internal demons–addiction, self-doubt, and the juxtaposition of Wayne, the man (who wanted nothing more than to be home with his kids), and Wayne Warner, the “untouchable star,” whose success had been brokered, at least partially, through industry politics, the “good ‘ole boy network,” and shady backroom deals.
Karl Woolfenden, our Publisher spoke to Mike Robbins and they covered some very relevant topics.
The hero factor is that special core fundamental value system that stands some companies apart to achieve greatness. It’s a business with an elevated value system and sense of purpose. It’s a self-generated corporate culture for winning by doing the right thing. The right way. For the right reasons. The Hero Factor is for the hero leaders serious about tackling the tough questions facing corporate social responsibility.
Serial Entrepreneur and business expert Ramesh Dontha’s new book The 60 Minute Startup: A Proven System to Start Your Business in 1 Hour a Day and Get Your First Paying Customers in 30 Days gives aspiring entrepreneurs proven systems on how to start a business online in just one hour a day and get their first paying customers in one month (or less). In this new book entrepreneurs will learn how to get past all the bad advice, walk through a game plan, spending just 60 minutes per day for 30 days working on a new business.
