In May, Blue Tea’s team, alongside business leaders and data experts from across the Southwest, convened for a roundtable on Data management strategies to prepare for AI implementation. The discussion touched on a wide array of vital topics. Here are the main ones.
Breaking down data silos
Fragmented data across departments—marketing, sales, and finance—prevents businesses from gaining a holistic view of their operations. This limits the ability to generate actionable insights and make informed decisions. By breaking down these silos, organisations can create integrated data flows that enable more comprehensive analytics and drive better outcomes.
Unifying data platforms
With the rapid growth of data, businesses must adopt advanced cloud-based infrastructures to ensure data accessibility, scalability, and efficiency. Unified platforms allow seamless data integration, offering businesses real-time access to critical information, enabling more responsive decision-making, and providing a foundation for AI-driven initiatives.
Fostering a data-driven culture
The success of AI adoption hinges on creating a culture that prioritises data. Leadership buy-in is crucial, as it sets the tone for the organisation. Additionally, investing in employee data literacy programs equips teams with the necessary skills to collect, analyse, and interpret data effectively, ensuring they can harness AI’s potential for enhanced decision-making and innovation.
AI-driven optimisations
AI technologies present enormous opportunities for improving operational efficiency, from automating routine tasks to predicting future trends based on data analysis. By leveraging AI, businesses can optimise processes, enhance customer experiences through personalised offerings, and foster innovation that helps them stay ahead in a competitive market.
Thus, the idea for a long-overdue event was born! When we thought of who the speaker should be, we immediately turned to John Turner, a key figure from Visit Somerset, whose groundbreaking research on AI readiness was conducted as part of his course at the SAID Business School, Oxford University. His work offers insights into how organisations can leverage data and AI to transform business operations, streamline processes, and foster innovation.
To hear more from John Turner and gain deeper insights, join us on October 17, 2024, for the Hybrid Session: Data Management Strategies for AI-Ready Business Operations.
John Turner’s AI Research: A Case Study on Visit Somerset
John Turner brought forward significant insights from his research on Visit Somerset, which detailed their AI adoption journey. His work reveals both the opportunities and challenges small organisations face in integrating AI into their operations. Turner’s research evaluated AI readiness through the 4C’s framework and found that while many businesses understand the potential of data, few have the necessary infrastructure or cultural mindset to embrace AI-driven strategies fully.
For example, while Visit Somerset’s vast data sets present an opportunity for personalisation, Turner’s findings show that over 25% of the businesses surveyed were not AI-ready and a significant portion of leadership lacked the data fluency to make informed decisions. Turner also stressed that organisations with stronger data governance often struggle with innovation, revealing a paradox that businesses must navigate to stay competitive in the digital age.
Join us for More Insights at the October Event
If you’re keen to hear more about John Turner’s insights and how AI can transform your business, we invite you to join us at the upcoming Hybrid Session: Is Your Business AI Ready? Data Management Strategies for the Future of Business.
On October 17, 2024, at Canary Wharf, London (and online). This event will look into data management, AI adoption, and practical strategies to optimise business operations for the future. Learn how to break down organisational barriers and foster a culture that embraces AI.
Event Details
Date: October 17, 2024
Location: Canary Wharf, London / Online
Whether you’re in-person or online, don’t miss this chance to gain the insights needed to future-proof your organisation with AI and data-driven strategies.
