{"id":342847,"date":"2019-09-25T11:01:05","date_gmt":"2019-09-25T09:01:05","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=342847"},"modified":"2019-09-25T12:13:21","modified_gmt":"2019-09-25T10:13:21","slug":"how-to-transform-your-business-with-microsoft-ai-360","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/342847\/how-to-transform-your-business-with-microsoft-ai-360\/","title":{"rendered":"How to transform your business with Microsoft AI 360"},"content":{"rendered":"

The potential business uses for AI<\/strong> technology<\/strong><\/a> has become one of the hottest topics in the tech industry.<\/p>\n

However, Nigel Duffy \u2013 global AI innovation leader at EY – says that while there is a lot of noise regarding AI, the discussion and analysis of how it will actually transform business practices has been lacking.<\/p>\n

This is because constant technological developments make it difficult for businesses to map out a clear path for digital transformation through AI.<\/p>\n

Microsoft AI 360<\/strong><\/h3>\n

To help such businesses, Microsoft has developed its AI 360 model<\/strong><\/a>, which is focused on starting conversations and providing structure to the digital transformation planning of companies.<\/p>\n

There are three main uses for the Microsoft AI 360 model:<\/p>\n

    \n
  1. To guide investment in AI<\/li>\n
  2. To support digital transformation planning<\/li>\n
  3. To identify areas in your business where AI is being used, and where it could be implemented efficiently moving forward.<\/li>\n<\/ol>\n

    Each of these uses is important if you plan on using AI in a matter that is optimal and effective.<\/p>\n

    Working through the model<\/strong><\/h3>\n

    The model is split into three sections: benefits, functionalities, and capabilities.<\/p>\n

    Each of these sections provide businesses with a platform to engage in productive conversations around the potential that AI offers. However, these sections are best utilised in combination with each other, as this allows businesses to develop a 360-degree plan for AI implementation.<\/p>\n

    The four primary benefits<\/strong><\/a> that AI can provide to the bottom line of businesses are:<\/p>\n