Mike Capone, CEO of Qlik, discusses the AI value chain, emphasizing data's crucial role and its impact on strategic decision-making. They explore responsible AI implementation and how Qlik supports data strategies and AI value chains.
AI Value Chain: Capture, curate, and analyze data for robust AI outcomes.
Data Foundation: Quality, well-curated data is crucial for effective AI.
Deep dives
Understanding the AI Value Chain
The AI value chain involves capturing, curating, proving the data's veracity, analyzing it for AI readiness, and applying modern AI capabilities. Starting with data, the process emphasizes the importance of properly harnessing data and preparing it for analytics. The hype around AI often neglects the foundational role of data in the AI value chain, highlighting the need for a strategic and comprehensive approach to data utilization.
The Data Value Chain Importance
The data value chain complements the AI value chain by focusing on harnessing and understanding data in real time to support AI and application modernization strategies. Highlighting the priority of data, the podcast emphasizes that the data value chain precedes the AI value chain, emphasizing the critical role of quality data in enabling successful AI outcomes.
Challenges and Strategies for Data Management
Data quality and cost are significant challenges in data management highlighted in the podcast. Ensuring quality data, managing costs, and addressing risks associated with technology implementation are key obstacles faced by organizations. The strategies mentioned include focusing on data literacy, governance, and technology capabilities to enhance data management and AI efforts.
Join this conversation with Mike Capone, CEO of Qlik, exploring the importance of the AI value chain and data value chain in building successful AI strategies. Key Takeaways: 🔷The AI Value Chain: Understand the end-to-end process of capturing, curating, and analyzing data to drive robust AI outcomes. 🔷Data as the Foundation: Discover why high-quality, well-curated data is the cornerstone of effective AI. 🔷Strategic Decision-Making: Learn how AI and data analytics can empower strategic decision-making within your organization. 🔷Responsible AI: Explore the ethical considerations and governance structures necessary for responsible AI implementation. 🔷Qlik's Role: Explore how Qlik's end-to-end solutions support data strategies and AI value chains. #AI #ArtificialIntelligence #Data #DataStrategy #AIValueChain #DataValueChain #CXOTalk #Qlik #BusinessStrategy #DecisionMaking #dataquality #datagovernance ==== 📢 Stay Connected: 🔷 *Read transcript on CXOTalk site:* https://www.cxotalk.com/episode/the-data-value-chain-key-to-successful-ai 🔷 *Subscribe:* newsletter.cxotalk.com 🔷 *LinkedIn:* www.linkedin.com/company/cxotalk 🔷 *Twitter:* twitter.com/cxotalk
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