From analytics to artificial intelligence. (3rd July 2018)

• Record Type: Journal Article
• Authors: Davenport, Thomas H.
• Is Part Of: Journal of Business Analytics. Volume 1:Number 2(2018)
• Page Start: 73
• Page End: 80
• Publication Date: 2018-07-03
• Subjects: Analytics -- artificial intelligence -- AI -- business analytics; Business intelligence -- Periodicals; Management -- Statistical methods -- Periodicals; Decision making -- Statistical methods -- Periodicals; 658.403
• DOI: 10.1080/2573234X.2018.1543535
• Languages: English
• ISSNs: 2573-234X

Abstract

ABSTRACT: Analytics have been employed by companies for several decades, but now many firms are interested in building their capabilities for artificial intelligence (AI). Many AI systems, however, are based on statistics and other forms of analytics. Companies can get a "running start" on AI by building upon their analytical competencies. The focus of this article is how to transition from analytics to AI. Three eras of analytical focus are detailed, with AI portrayed as a fourth era. The types of AI methods that are and are not based on analytics are described. AI applications that build on analytical strengths are discussed. Approaches to assessing analytical capabilities that relate to AI, and the development of an organizational plan and strategy for AI, are also described in brief.