Artificial Intelligence (AI) can be a huge game-changer in your company. This technology can be used to streamline or even automate daily operations, achieve higher efficiency, optimize costs, and facilitate customer service. However, for many companies, the entry threshold is still too high. If that’s the case in your situation, a good option to consider is to work with an AI consulting company that specializes in generative AI. Let’s talk a bit more about that.
Let’s start with a short yet important explanation: AI consulting will not make AI cheaper as with a magic wand. But those companies have extensive experience with available AI tools and platforms, so it’s much easier for them to provide you with options that are tailored to your company’s size and profile, as well as your budget.
If you can work with an AI consulting company that has experience with generative AI, that’s even better, as many genAI tools are either free or cheap to use. And be in no doubt, their capabilities are still very impressive! As a result, this technology is now open even to small players and non-profit organizations. But you still need a trusted partner that will help you pick the right solutions and implement them in your business.
Who should use AI consulting?
There are four major types of organizations that can use AI consulting services to grow their operations and streamline work:
- Small and medium-sized enterprises (SMEs): If that’s you, AI consulting can help you leverage AI to improve daily processes, enhance customer experiences, and gain competitive advantage. And because this type of service is based on outsourcing, you don’t need to have anyone with AI expertise in-house.
- Large corporations: Large corporations with extensive IT departments often work with AI consulting companies to come up with new AI-fueled technologies and solutions that help them scale their operations, mitigate risk (think financial and insurance sectors), and improve customer service on a mass scale (virtual assistants).
- Startups: Just like SMEs, startups can use AI consulting to accelerate growth without large investments in AI know-how. By integrating AI early in the development process, you can optimize your operations, create innovative products/services, and enter the market as a fully-fledged company with ready-made offer much faster.
- Non-profit organizations: Lastly, government agencies and non-profit organizations also use AI consulting services to improve their decision-making processes, analyze big data effectively, and achieve their missions with ease.
Since AI consulting, just like any other consulting service, is tailor-made to each client, many people wonder what such companies actually do and offer. And here’s the answer:
What do AI consulting companies do?
AI consulting companies usually help their clients work on specific solutions or new AI-powered tools that they can either incorporate into their business ecosystem or sell as a ready-made product. The work usually starts with the AI strategy or roadmap, leading to building a scalable AI infrastructure and production-grade AI solution. Typically, such services comprise:
- AI strategy roadmap: Your AI consulting agency will help you assess the feasibility of incorporating AI within your organization, analyze existing data, and evaluate AI/data monetization opportunities.
- AI Proof-of-Concept (PoC): Next, such a company will validate your assumptions and hypotheses with a quick and functional MVP version of your future product.
- Production-grade AI implementation: Your agency will deploy algorithms and models to enhance your business’s production systems, providing real-time insights.
- Ongoing support: AI consultants continually assist you with model validation, quality control, and system stability to ensure your AI product/solution is fully operational and effective.
Today, AI consulting firms play a big role in helping businesses implement AI technologies into their operations. These consultants offer expertise in data analysis, machine learning, and AI implementation. As a result, they enable other organizations to develop effective AI strategies, test new concepts, and deploy production-grade AI solutions.
Benefits of working with an AI consulting agency
While there are many benefits of working with such a partner, there are five that are especially worth your attention:
- AI experience: AI consultants bring knowledge and extensive experience to the table, which is crucial for every successful AI implementation.
- Cost efficiency: In most cases, working with an external AI consulting agency can be more cost-effective than building an in-house team of AI experts. This is especially true for SMEs.
- Quicker implementation: Thanks to their expertise, AI consultants can accelerate the implementation process, thus helping your business enjoy the benefits of AI sooner and avoid many potential pitfalls.
- Risk mitigation: AI consultants will help you identify and mitigate potential risks, ensuring that your AI projects are executed effectively and successfully.
- Competitive advantage: The last benefit refers to implementing AI as a whole in your company. By implementing such technologies, your business can gain a competitive edge, improve offered products and services, and enhance your customer service. This way, you can build a stable and successful business.
Wrapping up
Faster implementation of tailor-made AI solutions, cost efficiency, risk mitigation, and a competitive advantage – these are the main benefits you can expect when working with a trusted AI consulting agency. We can expect that as the AI landscape continues to evolve and those technologies are improving almost overnight, the demand for AI consultants will only grow. You can be a part of this trend even today. Reach out to a selected AI consulting firm and ask about tools and technologies you can use to make your business better and more profitable. If you’d like to know more, visit the Addepto website: https://addepto.com/ai-consulting/