Using Artificial Intelligence for innovative Business model
The heavy machinery company in this case study is hampered by departmental policies, laws, silos, regulations, and fabrication issues despite being a global market leader. These obstacles keep it from developing new business models, products, and services that are only conceivable thanks to Machine Learning.
The use of Machine Learning forces the company to venture into areas of research, development, and engineering where it is unfamiliar.
Digital transformation has been characterised by businesses that have studied it as the total repositioning of their business in the digital marketplace. They've prepped their employees for sweeping changes and are far more likely to take advantage of AI's business potential than companies that have overplayed "digital/technology."