Editor’s Note: Author Aseem Prakash will be speaking at the CRO Network Summit next week about “Separating Hype From Reality — Selling Upward and Setting Expectations.” He will also lead a panel at RoboBusiness 2017 on “Is Your Business Ready for Robotics and AI?” and the need for a robotics and AI roadmap.
The U.S. has about 1,200 shopping malls, but soon, 400 of them will shut their doors. What could retailers do if they had this information earlier? Similarly, how can chief robotics officers or CROs apply an AI roadmap to anticipate business challenges?
If you’re not yet taking advantage of machine learning, bots, cobots, or service robots, you won’t just be left behind. The competition will eat your lunch. Customers will ditch you, and your business will struggle to survive.
By contrast, you can tap robotics to boost productivity, apply artificial intelligence to improve efficiencies, and use automation to reinvent value.
As multiple industries evolve and are transformed by robotics, AI, and drones, these technologies will become the new nucleus of your business. That is the future for which technologists, business leaders, and partners must prepare.
Many of the robotics providers I’ve spoken with have said their customers are not fully ready to adopt and implement robotics. They mistake manufacturing’s long familiarity with industrial automation or assume that newer robots are simply plug and play. Companies seriously looking to scale up should consider the following for their robotics and AI roadmap:
- How do you go from your current situation to becoming a robot-ready business?
- Should you hire a CRO? If so, what qualities and capabilities should you look for?
- Do you plan to tap someone internally or do it yourself?
At the end of the day, it does not matter which individual or team is responsible for leading robotics and AI in your business. What matters is deciding how the CRO role creates value for the organization.
Mapping industry transformation
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