{"id":11036,"date":"2022-08-15T07:12:00","date_gmt":"2022-08-15T07:12:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3843107_AE43107_0"},"modified":"2022-08-15T07:12:00","modified_gmt":"2022-08-15T07:12:00","slug":"ai-adoption-generates-new-business-models-and-strengthens-customer-value","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=11036","title":{"rendered":"AI Adoption Generates New Business Models and Strengthens Customer Value"},"content":{"rendered":"<p class=\"prntac\"><b>The adoption of AI technologies across industries unleashes innovative business models, drives operational efficiencies, and creates strategic differentiation, says Frost &amp; Sullivan<\/b><\/p>\n<p><span class=\"xn-location\">SAN ANTONIO<\/span>, <span class=\"xn-chron\">Aug. 15, 2022<\/span> \/PRNewswire\/ &#8212; Artificial intelligence (AI) will create new revenue and growth opportunities for start-ups and global information and communication technology (ICT) companies, finds Frost &amp; Sullivan&#8217;s recent analysis, <b>Global Artificial Intelligence (AI) Market<\/b>. The adoption of AI technologies across industries unleashes innovative business models, drives operational efficiencies, and creates strategic differentiation. Additionally, the pace of digital transformation and AI adoption has accelerated as organizations explore new means of creating sustainable business models and driving customer value.<\/p>\n<div id=\"prni_dvprnejpg6b00left\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/1876896\/AI.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg6b00left\" title=\"AI-adoption strengthening businesses and customer value.\" src=\"https:\/\/mma.prnasia.com\/media2\/1876896\/AI.jpg?p=medium600\" alt=\"AI-adoption strengthening businesses and customer value.\" align=\"middle\"><\/a> <br \/><span>AI-adoption strengthening businesses and customer value.<\/span> <\/div>\n<p class=\"prntac\"><b>For further information on this analysis, please <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3619417-1&amp;h=3073335781&amp;u=https%3A%2F%2Finsights.frost.com%2Fpr_ict_nryder_pd55_artificialintelligence%3Fcampaign_source%3DPR&amp;a=click+here\" target=\"_blank\" rel=\"nofollow noopener\">click here<\/a><\/b><\/p>\n<p>&#8220;The move to large-scale AI adoption requires a holistic AI strategy coupled with an ethical and responsible framework to ensure sustainable and long-term adoption,&#8221; said<b>, ICT Industry Analyst at Frost &amp; Sullivan<\/b>. &#8220;Going forward, deploying AI technologies and operationalizing an ethical AI framework within an organization and throughout the AI development and management life cycle will require a well-defined approach and business as well as the alignment of all technology stakeholders.&#8221;<\/p>\n<p>Patel added: &#8220;Data-driven business models and the digitization of functional applications created large volumes of data that need to be analyzed effectively to unlock their true potential. Due to this, over the next three years, organizations are expected to create data readiness for AI deployments and leverage disruptive AI technologies to strengthen competitiveness and build sustainable business models.&#8221;<\/p>\n<p>Market participants seeking to take advantage of the expanding AI market and its growth opportunities should:<\/p>\n<ul type=\"disc\">\n<li>Partner with <b>consulting services companies<\/b> to provide advisory capabilities to clients.<\/li>\n<li>Integrate AI capabilities into <b>vertical\/horizontal<\/b> enterprise solutions or create industry-specific solutions.<\/li>\n<li>Develop infrastructure management platforms and tools to effectively deploy AI technologies and provide customers with easier management of <b>edge data center<\/b> facilities, networks, and security.<\/li>\n<li>Build <b>domain capabilities<\/b> around use cases or establish strategic partnerships with advisory service providers and industry participants that possess the necessary functional abilities.<\/li>\n<\/ul>\n<p><b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3619417-1&amp;h=1503069615&amp;u=https%3A%2F%2Fstore.frost.com%2Fglobal-artificial-intelligence-growth-opportunities-2022.html&amp;a=Global+Artificial+Intelligence+Growth+Opportunities\" target=\"_blank\" rel=\"nofollow noopener\">Global Artificial Intelligence Growth Opportunities<\/a><\/b>&nbsp;is the latest addition to Frost &amp; Sullivan&#8217;s<b> ICT<\/b> research and analyses available through the Frost &amp; Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.<\/p>\n<p><b>About Frost &amp; Sullivan<\/b><\/p>\n<p>For over six decades, Frost &amp; Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3619417-1&amp;h=2786570034&amp;u=https%3A%2F%2Fwww.frost.com%2Fcontact-us%2F&amp;a=Contact+us%3A+Start+the+discussion\" target=\"_blank\" rel=\"nofollow noopener\">Contact us: Start the discussion<\/a><\/p>\n<p class=\"prntac\"><b>Global Artificial Intelligence Growth Opportunities<\/b><\/p>\n<p class=\"prntac\"><b>PD55<\/b><\/p>\n<p><b>Contact:<br \/><\/b><span class=\"xn-person\">Nicole Ryder<\/span><br \/>Corporate Communications<br \/>E: <a href=\"mailto:Nicole.Ryder@frost.com\" target=\"_blank\" rel=\"nofollow noopener\">Nicole.Ryder@frost.com<\/a><br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3619417-1&amp;h=4221834393&amp;u=https%3A%2F%2Fwww.frost.com%2Fcontact-us%2F%3Futm_campaign_source%3DPR%26utm_campaign_medium%3DWebsite%26utm_campaign_name%3DCampaign_Traffic_Acq&amp;a=Frost.com\" target=\"_blank\" rel=\"nofollow noopener\">Frost.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The adoption of AI technologies across industries unleashes innovative business models, drives operational efficiencies, and creates strategic differentiation, says Frost &amp; Sullivan SAN ANTONIO, Aug. 15, 2022 \/PRNewswire\/ &#8212; Artificial intelligence (AI) will create new revenue and growth opportunities for start-ups and global information and communication technology (ICT) companies, finds Frost &amp; Sullivan&#8217;s recent analysis, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":11037,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-11036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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