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Importance of AI Initiatives in Companies: Understanding the Extent of Involvement

Companies increasingly adopt AI as a strategic goal, yet find it challenging to find practical applications for it. While AI can potentially yield tremendous advantages for businesses, it's crucial to determine where this versatile technology fits within a corporate structure.

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In the current digital evolution, an increasing number of businesses are setting AI as their goal,...
In the current digital evolution, an increasing number of businesses are setting AI as their goal, yet they face challenges in finding practical applications for it. Indeed, AI holds the potential to deliver substantial advantages to a company, emphasizing the necessity of comprehending where this versatile technology belongs within a Business context. The report further accentuates the importance of strategic implementation and efficient utilization of AI for business growth.

Importance of AI Initiatives in Companies: Understanding the Extent of Involvement

In today's digital world, many companies are eager to harness AI, yet struggle to find practical applications. Andrei Negulescu, Strategic Digitalisation Officer at Matricia Solutions, puts it simply: "The ideal candidate for AI - it's so obvious, it's dull."

Whenever you have large, critical, yet unstructured data, AI steps in as a game-changer. Think of mountains of contracts or reams of invoices - data that, without AI, remains undiscovered, chaotic, and unrevealed.

For instance, companies hoard countless contracts, each one a valuable resource for strategic insights. But without AI to sort through them, the most potential lies untapped. Similarly, your invoices brim with actionable insights. Although some data may be structured in ERP solutions, the unstructured bits are perchance even more valuable, such as using AI to calculate sustainability reports based on invoices for carbon footprint analysis.

Digging Deeper, there are more opportunities out there - like tenders, acquisitions, and supplier management. A centralized system for workflow and task management offers operational insights.

Data, the missing piece

Many firms get stuck when hunting for an AI solution, unaware of the initial step - establishing a platform for data storage and processing. Simply put, you can't run AI on piles of dusty office files. Similarly, an Excel spreadsheet doesn't cut it, as it lacks the potential to be harnessed by AI systems.

First things first - create the foundation for your AI system. A platform to store and process documents, capable of leveraging AI to offer actionable insights, tasks, and dynamically route information to employees.

Often, this crucial step gets overlooked, leaving change officers puzzled about why they can't find a compatible AI provider.

What Matricia Solutions delivers

Matricia doesn't just digitalize - it offers business-focused digitalization, blending consultancy with IT expertise. Safe, robust solutions that cater to your key objectives, budget, and time constraints, all while quickly adapting to your specific needs. We achieve this mastery through the use of secure, widely-adopted platforms such as Laserfiche, backed by extensive Business Analysis and Organizational Change knowledge.

  1. The unstructured data found in mountains of contracts and reams of invoices, if analyzed by artificial intelligence, could reveal valuable strategic insights for businesses.
  2. In the realm of finance and business, technology, especially artificial intelligence, can be utilized to create a centralized system for workflow and task management, thereby offering operational insights and actionable tasks. However, the first step in leveraging AI is establishing a platform for data storage and processing.

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