An AI Primer for Interested Execs

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Artificial intelligence (AI) is already reshaping industries and delivering substantial operational advantages.

Jan 07, 2025

Managed AI Services

Artificial intelligence (AI) is already reshaping industries and delivering substantial operational advantages. Companies from manufacturers and retailers to healthcare providers and professional services firms are using AI-enabled solutions to reduce workloads, minimize waste and optimize output to name only a few benefits.

AI is game-changing tech that no organization can afford to ignore, waiting for an ideal moment to engage. Because many of your competitors surely are evaluating, implementing and adopting AI-enhanced solutions that could revolutionize their businesses.

So, the critical question becomes, where to start your AI exploration? How about with these six fundamentals terms:

Algorithm: A set of rules or instructions directing a computer to solve a problem or complete a task.
Data Mining: Processing designed to discover patterns and derive knowledge from vast amounts of information.
Machine Learning: An AI subcategory involving algorithms capable of learning, predicting or determining actions based on available data.
Deep Learning: Using multi-layered neural networks as leverage to improve the accuracy of predictive analytics and other decision-support reporting.
Robotics: Complementary technology designed, constructed and operated with AI controls to perform tasks traditionally handled by humans.
Natural Language Processing (NLP): Applying machine learning to enable computers to understand and communicate using simulated speech.

There’s plenty more to learn. Let us help.