Leveraging AI for Tangible Business Outcomes: Insights from the Front Lines of Digital Innovation

Leveraging AI for Tangible Business Outcomes: Insights from the Front Lines of Digital Innovation

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Summary

Rashesh Mody, EVP Business Strategy and Realization at Aveva, discusses the impact of Artificial Intelligence (AI) on digital transformation. He emphasizes AI’s role in improving operational efficiency and decision-making processes. AI can provide insights similar to having an expert with decades of experience, leading to improved performance. Mody highlights AI applications in decision support systems and the tangible benefits, such as cost savings and improved efficiency, achieved by organizations leveraging AI. He also emphasizes the importance of sustainability in digital transformation, stating that AI applications should be used in a sustainable way to preserve resources. Overall, AI is a force multiplier in operations, performance, and management decision-making, providing significant benefits to organizations. The use of AI in digital transformation is pivotal for driving sustainability and responsible resource management.

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