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Putting AI to Work in the Enterprise Chris Curran Chief Technologist | PwC

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Page 1: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Putting AI to Work in the Enterprise

Chris CurranChief Technologist | PwC

Page 2: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible
Page 3: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Newsletters• Inside AI – Rob May• Exponential View – Azeem Azhar• Import AI – Jack Clark• Benedict Evans• CB Insights

Podcasts• This Week in Machine Learning & AI• O’Reilly Data Show• Masters of Scale• The Twenty Minute VC• Exponent

Page 4: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible
Page 5: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible
Page 6: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible
Page 7: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

In a survey of CEOs…

say AI is not a priority28% are evaluating AI 21%

24% are using AI 27% are aware of AI

of global GDP impacted by AI in 2030$15T

Page 8: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Case 1:Leadership

Case 2:Project Selection

Case 3:Teams & Skills

Page 9: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

C A S E 1 :

Leadership

Page 10: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

CFO

CIO

CTO

• Data

• Compute

• Business Process SMEs

• Cyber

• 3rd Party Relationships

CDO• Customer Experience

• “All” Customer Tech

• Market Data

CEO

• Emerging Tech

• Labs

Page 11: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Percentage of digital/technology spend outside of the CIO’s IT budget:

62% Public Sector

72% Financial ServicesHealthcarePower & Utilities

73% Entertainment, Media & CommunicationsIndustrial ProductsTechnology

74% Energy & Mining

75% AutomotiveHospitality& LeisureRetail & Consumer

The CIO doesn’t own the tech budget anymore

Page 12: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Q UE S T I O N S :

Who owns emerging tech in the organization?

Who owns AI? Who might think they do?

Where do AI assets exist in the organization?

Where do budgets exist in the enterprise that might be allocated for AI?

Page 13: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

C A S E 2 :

Project Selection

Page 14: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Skills & Techniques

Data

QuestionsQuestions

Value

People

Automation

Complexity

Quality

Competition

Innovation

Business Drivers

Page 15: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

67% 70%of business executivesagree that AI has thepotential to enable humans to concentrate on meaningful work.

of business executivessee the future potentialof AI to automate processes and optimizebusiness efficiency.

In a study we conducted on AI…

Page 16: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Q UE S T I O N S :

Which business leader is a vocal champion for the business problem you are trying to solve?

What business metric(s) does the project address?

Does your project have the potential to make quantitative impact?

Page 17: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

C A S E 3 :

Teams & Skills

Page 18: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

✓ ✓ ? ?? ?✓

Page 19: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

✓ ✓ ? ?? ?✓

Page 20: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

43%of companies have a dedicated team for digital innovation.

Sourcing Innovation

3 R D PA R T Y S O U R C E SO F I N N O VAT I O N :

3% University Labs

2% Open Source Projects

2% Incubators

1% Hackathons

Page 21: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Q UE S T I O N S :

Do we have the AI expertise we need?

What channels can we use to source additional talent?

How can we organize to maximize sharing and learning?

Page 22: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Case 1:Leadership

Who is responsible for AI and owns the assets?

Case 2:Project Selection

Are projects aligned with tangible business goals?

Case 3:Teams & Skills

Are we optimizing collaboration and learning?

AI Leadership “Hyperparameters”

Leaders - energetic, own $/assets, own problems

Problems - BU vs enterprise, business lens

Sourcing - internal, external, crowd

Communication - automation, AI, loud, quiet

Page 23: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

IN OUR 2017 DIGITAL IQ SURVEY,

20%of executives said their organizations had the skills necessary to succeed with AI.

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M&A MOOCs/CrowdUniversities

andmanymore…

Who will help our business leaderslearn about AI?

Page 25: Putting AI to Work in the Enterprise - PwCusblogs.pwc.com/emerging-technology/wp-content/... · for AI and owns the assets? Case 2: Project Selection Are projects aligned with tangible

Thank You

@[email protected]

pwc.com/digitaliqpwc.com/aipwc.to/aibriefing

Chris CurranChief Technologist | PwC