Who Is An AI Consultant And Why Does Your Business Need It?

July 16, 20245 minutes read
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According to reports, 42% of enterprises have rolled out artificial intelligence within their business. Yet among the enterprises that use this technology and those that plan to use it, a majority want to accelerate the roll-out of this technology. After hearing this information, you may desire to invest in this technology.

If you wish to deploy this technology successfully, you may need an artificial consultant. However, you must first understand their role within your business and the responsibilities they will take on. Then, you will be able to judge whether your business will benefit enough from their services to warrant this expense.

In this blog, we will reveal what an AI consultant does and how relying on their services will help your business.

What Is an AI Consultant?

An AI consultant is an artificial intelligence and machine learning expert who helps your business use these technologies. Since they are familiar with various applications of these technologies, they can advise you on how to use them. Then, you will have the ability to use these technologies in your operations, goods, or services.

Moreover, these consultants can be salaried or contracted from a consultancy firm that is nearshore, onshore, or offshore. Furthermore, they should have the following skills to ensure that you will receive stellar services

  • Adaptability

  • Analysis

  • Collaboration/Teamwork

  • Communication

  • Problem-Solving

AI Consultancy Roles and Responsibilities: What Do AI Consultants Do?

Before exploring how this type of consultancy can help your business, you need to understand their role in your business. Generally, these consultants will advise your company on everything concerning these technologies. However, they can also work directly with your staff or IT team to form strategies, implement them, and improve your new systems.

Let us delve deeper into the specific tasks they do and their responsibilities.

Develop an AI Strategy 

One of the main responsibilities of these consultants is to strategize how to enhance your business with artificial intelligence. They examine your business IT systems, operations, goods, or services to create solutions that suit your needs. These needs could be issues in your systems or opportunities that you should exploit. Once they have established a solution to your problem, they will plan a strategy that will help you implement the solution, measure its effectiveness, and adjust it for maximal efficiency.

Since these strategies depend on your specific circumstances, they should be unique. However, as you select these consultants, you will need to ensure that they customize their services. Otherwise, these strategies may not be as efficient as you need them to be.

Implement AI Solutions

Since these consultants have the skills to use advanced machine learning tools, they can even work with the artificial intelligence tools that you already have. Therefore, they can even help you coordinate different algorithms into an efficient system. For example, they can help you integrate chatbots, virtual agents, and deep learning tools.

Offer Technical Assistance and Management

When you use these services, you may also receive technical assistance in the form of support and/or management. These consultants can easily break down complex concepts and make using this technology more intuitive, allowing your staff to use them more confidently. Plus, your clients will use your application/website more easily.

Alternatively, you can use these services to manage your artificial intelligence team. In fact, these specialists have extensive experience and are familiar with the trends in this field, creating strategies and implementing this technology. Therefore, they can lead your IT experts who may not have the training to operate these new technologies.

Conduct Studies and Analyze Them

Another responsibility of these consultants is that they will conduct the following studies:

Study

Explanation

Feasibility

They will verify whether your algorithm will be successful. In particular, they will test whether your product is viable. Then, you will know whether you should go beyond the planning stage.

Cost-benefit

Your consultant will study how profitable your algorithm is. More specifically, they will calculate the cost of creating, implementing, operating, and maintaining your algorithm. Then, they will compare it to the revenue or other benefits it provides so that you can decide if it is a sound investment.

Risk

Before you start investing in this technology, these consultants will study it to calculate the risks associated with it. For example, they could verify how safe these algorithms are from cybercrime.

Monitor AI Systems

Artificial intelligence consultants are responsible for monitoring AI systems. They will ensure that your artificial intelligence software and associated processes run smoothly. As they verify how your systems run, they will also advise you on the changes you should make. These changes could make your system more efficient, make it more intuitive to use, and implement more innovative technologies. Then, they will continue monitoring your systems to ensure this implementation is successful and advise you to further improve it.

Provide Ethical Guidance

Finally, these consultants take on the role of ethical guide. This technology is difficult to understand, and so you may not be aware of its ethical considerations. Therefore, you can rely on them to inform you of ethical issues such as lack of transparency, discrimination, and plausible layoffs. Then, they can advise you on how to best mitigate them as you integrate artificial intelligence.

Why Are AI Consultants Crucial to Business Growth?

Now that you know what an AI consultant does, let's explore how their help can lead to your business success. 

Increases Opportunity Identification

The first reason why these consultants can help your business grow is that they identify opportunities. They know about the currently trending artificial intelligence tools. So, they will enable you to use more efficient software, allowing you to outcompete other companies in your industry. 

Moreover, these consultants will bring a new perspective. While your current IT team may have similar skills, they may not be able to notice ongoing problems. In fact, your staff may not be able to find solutions to your problems due to their proximity to the issue. Meanwhile, these consultants will be able to find creative ways to resolve your issues and further improve your systems.

Improves Efficacy of AI Investments

Another reason why consultants are essential to business growth is because they ensure that you make sound artificial intelligence investments. In fact, lack of financial resources is a major factor in the failure of startups. They make cost-benefit, risk, and feasibility studies, ensuring that your investment will bring you the maximum benefits. 

Moreover, they have deep knowledge of this technology. So, they can inform you of cost-effective tools you can use to maintain or enhance your operations, goods, and services. Furthermore, they know which tools are intuitive for your employees and customers to use. Plus, they have the skills to explain this technology and demonstrate to your staff how to use it. 

Increases Overall Operational Efficiency

Lastly, these consultations increase your business' operational efficiency. By helping you select algorithms that suit your business, consultants will help increase your operations’ efficiency. More specifically, these algorithms will take over time-consuming and repetitive tasks and quickening procedures. Therefore, they free your staff to work on core tasks. Plus, they can complete these tasks faster. Then, your business can grow since you will have the resources to provide more goods and/or services and then gain more profits.

The Benefits of Using AI Consultancy Services

According to reports, 64% of companies expect artificial intelligence to improve their productivity. In fact, even large and successful businesses such as Amazon already use it. To understand why companies use these consultancy services, let us explore their benefits.

Improved Sales Efficiency

To begin with, artificial intelligence consultants improve the efficiency of your sales. With their suggestions, you will develop a more streamlined process toward check out. In fact, they can even increase user engagement with improved artificial intelligence tools. 

For example, Amazon uses this technology to forecast sales, allowing them to prepare products for shipping before they are bought. This company uses this technology and the data they gather on their customers' buying habits. Then, Amazon increased their sales. According to reports, their revenue has grown by over 100billion in the past 4 years.  

Streamlined Processes

Another benefit of using these services is that these consultants create more straightforward processes. They guide you toward software that will simplify your processes and make them faster. For example, the online selling platform Alibaba used this technology to automatically create product descriptions. So, sellers using their platforms can more quickly begin to sell their products on their websites.

Innovative Solutions

This type of consultancy offers you innovative solutions. Since these consultants are aware of the latest artificial intelligence tools, they will recommend the best software for your business.

For instance, with the help of artificial intelligence software experts, Google was able to make their technology useful to the average person with Google Duplex. This service allows their users to schedule their calls and make calls while mimicking a human voice.

Customized Strategies

When you use these services, these consultants may offer you customized strategies. A competent consultant will be able to create a new strategy that specifically targets your problems and enhances your strengths. 

Let us take Simplilearn as an example. With the help of artificial intelligence experts, this company created a strategy that led to the creation of an algorithm that offers course suggestions and personalized feedback.

Enhanced Customer Experience

Lastly, this service will improve the customer experience and increase customer satisfaction. This is because these consultants aid you in creating algorithms that are more intuitive for your customers. 

For example, with the help of artificial intelligence experts, Apple perfected FaceID, which they integrated into multiple products. This algorithm allows you to log into your Apple devices by examining your face, making signing in more convenient for customers.

How You Can Enhance Your Business with Divelement AI Consultants

Finding the right artificial intelligence consultants is crucial to ensure you receive efficient service. Your consultant should have the niche computing expertise and abilities required to solve your problems and perfect your operations. 

With Divelement, you will have access to expert advisers who can develop artificial intelligence strategies. Moreover, they can build prototypes and enhance algorithms. You can even opt for staff augmentation or a managed team, whichever set-up you prefer for your artificial intelligence system.

You can summarize what an AI consultant does as advising you on artificial intelligence matters. However, their roles and responsibilities are much more broad. They can help you with developing customized strategies for artificial intelligence software. Then, they will guide you through the implementation, testing, and monitoring of your software.

As you work with these consultants, you will improve your sales, improve your customer experience, and gain access to innovative solutions. To ensure the right AI solutions are employed, it is essential to collaborate with experts, such as Divelement, who specialize in artificial intelligence and machine learning. These professionals will ensure the successful implementation and operations of your software.

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Eddie Hudson

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