Choosing the right feature based on strategic factors
By strategic factors, we mean the high-level business-related considerations that we need to consider when designing an AI feature. AI projects are rarely small or inexpensive, and considering the business consequences of the decisions we're making is a necessary corrective for any conclusions we might draw from our functional or structural analysis. You can see where we are in the overall framework in the following diagram:
Figure 9.5 – Strategic factors
We will begin this analysis by considering the size of investment required to implement different types of features.
Size of investment
The initial investment covers the amount of effort and money, including licensing costs, that will be required to implement an AI feature. We will include in this the full life cycle cost of the implementation and the ongoing maintenance cost of running the solution.
Considering our feature categories...
