How AI and Predictive Analysis Are Becoming an Integral Part of the Boardroom

2020-15

How AI and Predictive Analysis Are Becoming an Integral Part of the Boardroom

AI is slowly gaining a foothold in the realm of corporate boardrooms given its predictive capabilities that can facilitate more transparent decision-making, mitigate pressures of succession planning, warn the board about threats of hostile takeovers, and such like.
 

The role and impact of artificial intelligence (AI) in businesses is growing exponentially. However, from the vantage point of companies’ boardroom, it might still be considered the least harnessed revolution which has the greatest impact on enterprises today.

For most companies, AI has permeated into their business models, products, and services devoid of any intervention from the senior management. Almost 60% of organisations are presently working to include AI in their offerings. Be it in finance, retail, transport, or any other industry for that matter, AI is making inroads at every juncture possible.

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