Question 1

What are the most common hurdles when getting started with GenAI?

Accepted Answer

There are many challenges organizations face when adopting GenAI.  These include selecting the right tools in a market where things are evolving rapidly, concerns around making the wrong selection and having to course correct later down the road, and ensuring GenAI produces tangible impacts to the business.  In addition, making sure each team is enabled and understands the "why" is critical to AI success and adoption.  Addressing these is key to maximizing its benefits.

Question 2

How does an AI consultancy help with these challenges?

Accepted Answer

Consultancies help by providing structured guidance and strategies that help navigate the GenAI landscape and avoid common pitfalls along with providing the proper training and enablement needed to drive a successful adoption.

Question 3

What are the most common pitfalls of traditional analytics services?

Accepted Answer

Traditional analytics services that revolve around hourly rates and project-based models don't have a strong enough connection to the underlying business value.  The focus is on completing tasks in a certain amount of time rather than driving business outcomes that will make a real impact.

Question 4

How does a subscription-based approach help with these?

Accepted Answer

A subscription-based approach, or managed service, provides predictable costs and ongoing involvement where business outcomes are the primary focus.  This allows for of a partnership rather than a transactional relationship where analytics are used to improve decision making in a way that can evolve and adapt along with the business.

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