The AI in Business Podcast

Overcoming Obstacles in Reaching ROI for AI Projects - with Fallon Gorman of NLP Logix

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Jun 16, 2023
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ADVICE

Assess Automation Costs

  • Assess implementation, maintenance, and continuous care costs for automated solutions.
  • Understand the true cost of current processes before automating.
INSIGHT

Beyond Automation

  • Automating repetitive tasks isn't enough for achieving ROI.
  • Comprehensive process understanding and identifying areas for improvement are crucial for successful automation and ROI.
INSIGHT

Pain Points as Symptoms

  • Pain points are symptoms of larger problems, not the root cause.
  • Identifying the root cause is essential for maximizing ROI.
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