Have you ever gone someplace where a velvet rope separated the “in crowd” from the masses? The power of the bouncer/security guard being the only thing that separates who has access and who can on dream of what goes on behind that barrier. Anyone who has ever gone to an upscale event and not been “on the list” knows what it feels like to be excluded. Unfortunately, this is the same feeling that most every business leader feels daily when it comes to access to the power of AI as it becomes more prevalent for business uses.
In most organizations the IT department is the gatekeeper of access to any new technology, and the use of AI is no exception. What is different now is the sheer pace at which AI and generative AI is developing and the potential for competitive impact can be realized almost instantaneously. So that begs the question of who should have access to AI, when and under what circumstances?
Getting the right information to right leader in right format at right time can optimize operations, ensure compliance and save $millions… in theory. In practice it usually takes days if not weeks and months for data analysts and data scientist (i.e. specialized resources) to generate custom reports by programming joins between a myriad of different systems all with their own data types and formats (i.e. specialized tools).
Enter GenAI and the promise of instant production of content such as text, images, audio, and synthetic data (i.e. future state scenarios) combined with new techniques for reinforcement learning and you have a business executive’s dream come true. So, limiting access to the business side of the house will unfortunately foster shadow IT projects cropping up in random places under random scenarios and ultimately lead to chaos.
The concept of AI democratization will make these advancements in GenAI and Reinforcement learning available to the average business executive without the requirement of specialized tools, resources or even technical knowledge, thereby empowering them to realize the vale themselves. By effectively letting business executives behind the velvet rope of AI, you will foster a new level empowered decision making to optimize productivity and profitability.
According to a TechTarget article “At a high level, democratization of AI places AI capabilities in the hands of more employees, reduces the barriers to using AI, cuts expenditures and supports the development of highly accurate AI models.” Even industry analyst firms like Gartner are predicting that the future of data and analytics is moving from data-centric to decision-centric.
This will require a new understanding of data management and specifically who should have access and under what circumstances in order to satisfy corporate policy, privacy and regulatory requirements. The ultimate solution for AI democratization in a manner that is still controlled by IT is the introduction of an intelligent cloud to provide access and contextualize all data from inside the enterprise and publicly available to turn it into usable knowledge.
By adopting a business-led AI strategy, you will turn data into information that is available to all without the requirement of proprietary tools or resources. By doing so with an intelligent cloud built with a no code approach means that you will realize the benefits of democratizing AI in days not months or even years. This in turn will transform business and domain experts into production innovators so the right data gets to the right business leader at the right time and improves daily decisions that impact productivity, waste, compliance, growth, and profitability.
UBIX understands the value of AI democratization and can help deliver an intelligent cloud that is at the intersection of data access, no-code GenAI with reinforcement learning, and human-centric queries to understand past, present and future states. Check us out to solve complex problems in both a generative and bespoke way to accelerate your business and we have also talked about how BI has fallen short on the ability to drive action and automation within your business.
Understanding the nuances of an intelligent cloud and how a no code solution can deliver on the promise of AI democratization has never been easier. Download our free eBook titled “Solving the Problem of Data and Decision Making” to help better understand the details of emerging AI concepts and how to ensure digital transformation and business-led AI success. Or if you can spare 22 minutes for a mini–AI Readiness Workshop, you can contact one of our AI experts today.