Overview — AI Value Creation

Dr Thara Ravindran

Chapter 8 in Data Strategy and AI Value Creation:For Data Leaders by Data Leaders, 2025, pp 115-120 from World Scientific Publishing Co. Pte. Ltd.

Abstract: We are currently witnessing a global Artificial intelligence (AI) revolution termed the “AI Spring” wherein organizations are scrambling to adopt and experiment with AI to transform their processes and services and realize business value. According to reports, in the last 5 years, there has been a doubling of AI adoption among organizations worldwide. The early adopters who have tasted success continue their experimentation and have since accelerated the pace, forging ahead with their AI-driven strategies. More and more organizations have reported the use of tools such as Robotic Process Automation (RPA), computer vision, natural language processing, virtual agents and interfaces, recommender systems, facial recognition, robotics, and generative AI.AI has been touted as the most disruptive emergent technology of the coming decade, that wields the power to enable the creation of enormous value for all types of businesses.

Keywords: Data Strategy; Data Governance; Data Quality; Privacy Protection; Artificial Intelligence; Generative AI; Business Value; Innovation; Digital Transformation; Regulations (search for similar items in EconPapers)
JEL-codes: O3 O32 (search for similar items in EconPapers)
Date: 2025
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