Chapter 8: Artificial Intelligence in Digital Transformation
In the last chapter, we learned about the ecosystem approach to industrial digital transformation. We saw that ecosystems of partners and other stakeholders is key to moving the needle for transformative initiatives. As a result, a number of large companies often drive these initiatives across groups of large and small companies, consortiums, government agencies, and academia, with the goal of accelerating the transformation across industry segments.
In this chapter, we will learn how Artificial Intelligence (AI) is the key to industrial digital transformation initiatives. We will investigate different aspects of AI and how it drives business outcomes when applied to relevant data. We will cover the following topics in this chapter:
- The difference between AI, machine learning, and deep learning
- Applications of AI in industry
- Organization change influenced by AI