AI is part of many business conversations. Companies are navigating the evolving AI landscape and developing roadmaps to mitigate risk and deliver value responsibly. Depending on their goals and unique challenges, companies seek distinct outcomes from AI, and there are multiple routes to AI success.
Today we begin a series of blog posts that provide guidance and advice on how best to engage with AI. You’ll learn how to approach your AI strategy and the kinds of tools you’ll need to quickly move from proof of concept to proof of productivity. Wherever you are on your journey, you should find insights to help you deliver value on your AI strategy sooner. And you’ll discover how Dell Technologies and the Dell AI Factory with NVIDIA can help you address AI’s complex needs to take full advantage of the technology’s benefits.
We start by discussing how to create a strategy for AI success.
Avoid diving into AI too deeply
With the concept of AI already embedded in popular culture, as well as all the media attention that AI has received recently, it’s easy to fall into the trap of AI overreach. What we mean by that is setting unrealistic targets, like building a fully autonomous system from scratch or trying to solve every problem your business faces.
Be clear on what you want from AI
It would be best if you had your business objectives for AI locked down. The reality is that AI projects have a high failure rate — 80% according to the RAND Corporation — with an overemphasis on technology being one reason so many run off course. The right approach is identifying how AI can support your company’s mission. Define what high-level business objectives you want AI to assist you with, such as cost reduction, revenue growth or market expansion. And consider how AI can solve your business challenges in these areas, such as time-consuming manual processes, high error rates or a lack of personalisation.
It’s best to start with small-scale pilot projects early in AI adoption. These will quickly reveal your AI readiness, not least regarding the data at your disposal and its preparedness for AI itself. It’s also worth identifying high-impact use cases like AI-powered virtual assistants that will have an immediate effect on operations and wow end users. Remember, you want buy-in across the business for your AI strategy to work.
Shaping a successful approach
Vision, not technology, is what it comes down to for a successful AI adoption journey. Essentially, you’re starting with the why, to paraphrase a well-known business book, so you can understand the best use of AI in the context of your business. Immediately, you gain clarity and reduce the risk of reworking AI projects because they don’t align with your business’s true purpose. Note, at least 30% of Generative AI projects are abandoned after the proof-of-concept stage for reasons that include unclear goals. That’s a lot of someone’s time and money.
Accelerate your AI journey
At Dell Technologies, we’re focused on simplifying and accelerating customers’ AI journeys. We’re supporting the growing number of businesses that want to work with partners to deliver their AI strategies, with 86% of companies in one study finding it more cost-effective and 64% stating it ensured access to specialised skills and expertise. Using our comprehensive and secure Dell AI Factory with NVIDIA—customised to your business’s requirements—you can speed up AI business outcomes, enabling success through a blend of cutting-edge technology and customer-focused services.
Discover more about the Dell Technologies AI story and learn how the Dell AI Factory with NVIDIA can drive your AI strategy forward. Undertake our AI Readiness Assessment and learn how prepared your business is for AI adoption.
The Dell AI Factory with NVIDIA is the industry’s first and only end-to-end enterprise AI solution*, designed to speed AI adoption by delivering integrated Dell and NVIDIA capabilities to accelerate your AI-powered use cases, integrate your data and workflows, and enable you to design your own AI journey for repeatable, scalable outcomes.
* Based on Dell analysis, July 2024. Dell offers solutions with NVIDIA hardware and software engineered to support AI workloads from PCs with AI-powered features and workstations to Servers for High-performance Computing, Data Storage, Cloud Native Software-Defined Infrastructure, Networking Switches, Data Protection, HCI and Services.
