finding value in artifical intelligence€¦ · why now? it’s not about the technology....

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Finding Value in ARTIFICAL INTELLIGENCE

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Page 1: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

Finding Value in ARTIFICAL INTELLIGENCE

Page 2: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

WE DELIVER INNOVATIVE SOLUTIONS TO TRANSFORM OUR CLIENTS’ BUSINESSES

25 YEARS

EXPERIENCE

1000+ PEOPLE

6 UK OFFICES

60+ LIVE

CLIENTS

Page 3: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

WHAT IS AI?First coined by John McCarthy, an early

computer scientist, in 1955, he termed it

to mean computers that do things that

simulate what humans typically do.

Page 4: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 5: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

Why now?

Page 6: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

It’s not about the

TECHNOLOGY

Page 7: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

AUTOMATION &

INNOVATION

Page 8: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

EFFICIENY &

GROWTH

Page 9: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

The conversation is

about VALUE

Page 10: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

It takes the CIO to

the Top Table

Page 11: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

The 4 Sources

of VALUE

Page 12: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

1. Personalised

Experiences

2. Optimised

Marketing,

Promos & Ads

3. Optimised

Fulfilment &

Cost to Serve

4. New

Products,

Services &

Business

Models

Page 13: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

Some examples

Page 14: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 15: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 16: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 17: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 18: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 19: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 20: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the
Page 21: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

Over to YOU

Page 22: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

1. Personalised Experiences

• Increased value per interaction

• Product upselling and cross-

selling

• Increased customer lifetime

value

• Tailored credit risk scoring

• Better fraud detection

2. Optimised Marketing, Promos

& Ads

• Better personalised advertising

• Bid price optimisation

• Real-time elastic pricing

• Optimal promotion timing

• Optimal product packaging

3. Optimised Fulfilment & Cost to

Serve

• Optimised demand forecasting

• Process & inventory

optimisation

• Improved availability

• Reduced cost to serve or

produce

• Customer churn avoidance

• Improved quality

4. New Products, Services &

Business Models

• Eco-systems – UBER

• New Digital Native–

Lemonade

• Lending for millennials – Zest

• Virtual GP - Babylon Health

• Personalised Healthcare -

Verily

Page 23: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

1. Personalised Experiences

2. Optimised Marketing, Promos

& Ads

3. Optimised Fulfilment & Cost to

Serve

4. New Products, Services &

Business Models

Page 24: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the

@BjssLabs

[email protected]

SIMON SEAR

Chief Innovation

Officer

Page 25: Finding Value in ARTIFICAL INTELLIGENCE€¦ · Why now? It’s not about the TECHNOLOGY. AUTOMATION & INNOVATION. EFFICIENY & GROWTH. The conversation is about VALUE. It takes the