Intelligent CIO North America Issue 19 | Page 42

FEATURE : ARTIFICIAL INTELLIGENCE
Efe Erdem , MEXT Group Director and Head of C4IR Turkey , said : “ With our strong expertise in manufacturing consultancy and plus100 SIRI maturity assessments , we see that the foundational knowledge of AI in operationalizing the strategy is visible as a common need .
“ Global research on the subject confirms that using AI has benefits like providing cost reduction , inventory

THE AI C-SUITE TOOLKIT RAISES AND DISCUSSES KEY QUESTIONS THAT COMPANY EXECUTIVES NEED TO CONSIDER WHEN MAKING INVESTMENTS IN AI .

minimization , quality increase , profit optimization etc , and potential risks like strengthening inequalities .
“ Creating a platform for understanding the benefits and mitigating the risks is required , especially at the executive level . With the modularity and extensive understanding of AI , this toolkit will be a reference guide for all leaders . and contributors urge organizations to pilot this toolkit and share their learnings of using it .
“ We are excited for this toolkit to come to life and serve as a critical guideline for the industry .”
Organizations at various levels of AI maturity can benefit from the steps laid out in the AI C-suite Toolkit to leverage .
Nihar Dalmia , Canada Government and Public Services Leader , Omnia AI , Deloitte , said : “ As an advisor to C-suite executives of organizations aspiring to become AI and Data-driven , we have observed firsthand how fundamental it is for leaders to understand how to make informed decisions such that their organizations can truly reap the benefits of AI in the coming years .
“ The AI C-suite Toolkit on Empowering AI Leadership is a timely report for C-suite executives as more organizations embrace AI across their enterprise ,” said Anand Rao , Global Leader , Artificial Intelligence , PwC , USA .
“ PwC is delighted to collaborate with the World Economic Forum on this toolkit to provide a practical and operational framework to implement AI in a responsible manner . The holistic and enterprise-wide end-to-end governance will enable C-suite executives to take advantage of the benefits of AI while also addressing the societal and ethical risks .”
Automation is key
“ We believe this guide will be instrumental in helping executives identify the right opportunities to solve problems using AI and overcome the challenges and barriers they will face on their journey .”
The toolkit states : “ A culture of large volume experimentation , data-driven decision making , and ethical AI distinguishes market leaders .” The authors
Following the release of the World Economic Forum ’ s Global Risks Report , Chuck Everette , Director of Cybersecurity Advocacy at Deep Instinct , gave us his opinions on its contents , stressing the importance AI will play in the future of cybersecurity :
“ The World Economic Forum ’ s report into cybersecurity highlights that Artificial Intelligence
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