INFOGRAPHIC
However , their revenue growth is one of the lowest in the top ten at 196 %.
Christoph C . Cemper , founder of AI prompt management tool AIPRM , offered some expert tips for budding entrepreneurs looking to start up in the AI sector , saying : “ Starting up in AI is becoming increasingly competitive , as the industry continues to develop and grow at a rapid rate . If you ’ re looking to capitalise on this growth and start up your own company , a strong understanding of the AI sector is key – as well as AI ’ s capabilities and uses . Market research is vital for competing in this industry .
“ Constructing and defining a business model for your company is a crucial first step . Have product offerings planned out , outline and research your target market , and review your USPs , in order to stand out in the industry . Essentially , plan , plan , plan !
“ It ’ s also important to ensure you don ’ t go it alone – have a strong team around you who can help innovate and provide valuable insight for your brand . The world of AI is vast , so having a solid team who understand the brand and its aims is invaluable .”
AIPRM : https :// www . aiprm . com / p
www . intelligentcio . com INTELLIGENTCIO NORTH AMERICA 29