siliconindia | | OCTOBER 20258IN MYOPINIONGlobal integration of artificial intelligence (AI) requires substantial investment in the digital infrastructure. With a keen focus on measuring return on investment (ROI), Ramesh Jagannathan materializes meaningful outcomes using the "CORE GUIDE" framework. This involves embracing a "Fail Fast" culture that involves quick experiments to determine and mitigate errors.International Data Corporation (IDC) projects global AI spending to exceed $500 billion by 2027, yet unlocking its full potential demands significant investment in technology, infrastructure and talent. The challenge lies in measuring return on investment (ROI) effectively.Are You Aiming to:· Drive incremental value through AI?· Achieve consistent success beyond pilot phases?· Balance investment with tangible business outcomes?The solution is merging human insight and digital precision. Mastering cognitive convergence in AI-human interactions is crucial. Here's How to Excel with the CORE GUIDE Framework:Many AI projects fail. IDC and other core studies report at least 1 in 3. The "CORE GUIDE" framework offers a roadmap to mitigate risks.Culture: Embrace a "Fail Fast" mindset. Iterate with "Experiment ­ Learn ­ Adjust" cycles.Operational Alignment: Align AI projects with clear business goals.Relevance: Set attainable goals and collaborate with tech and business teams for feasible projects.Empathy: Design with the user in mind. Incorporate continuous feedback through ideation and prototyping.Governance: Establish a framework for roles, responsibilities, ethics, compliance and performance monitoring.Unbiased: Ensure fairness and transparency, focusing on explaining complex models.Integration: Seamlessly integrate AI with existing systems for scalability.Data: Use high-quality and diverse datasets. Prioritize accuracy, security, and relevance.Error-free: Aim for reliability. Employ techniques like Generative Adversarial Networks (GAN) to boost model performance.Leverage "Dual intelligence"Maximize AI success by combining human and artificial intelligence:By Ramesh Jagannathan, Director, Architecture, Fidelity Investments THE SYNERGY OF BRAINS AND BYTESRamesh Jagannathan is a distinguished expert in digital transformation and enterprise architecture with 27 years of experience across Fortune 500 companies and top financial institutions worldwide. As a recognized empathetic thought leader, Ramesh excels in crafting pragmatic, innovative and simplified technology solutions for complex business challenges, as well as revitalizing critical business transformation programs. His extensive expertise encompasses consulting, architecture and technology leadership, with a strong focus on cloud computing, security, artificial intelligence and operational excellence.Ramesh is also an avid standup comedian under the name "Kirukku Kesava". He is also inspired by storytelling, traveling and solving puzzles.Ramesh Jagannathan
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