What Does It Mean to Build a Company with AI in Mind?
February 22, 2024

James Field
LogicMonitor

Share this

AI is no longer a niche buzzword. Today, every industry uses AI, from healthcare and finance to retail and transportation — everything. Some companies are just starting to dip their toes into developing AI capabilities, while (few) others can claim they have built a truly AI-first product. Regardless of where a company is on the AI journey, leaders must understand what it means to build every aspect of their product with AI in mind.

First: What Does Building with AI in Mind Entail?

Building AI capabilities is not just about implementing machine learning algorithms or adding a ChatGPT extension. It's about turning information and data into actionable insights and, eventually, automated actions. By prioritizing end users' needs, companies can create innovative products that move the tech world further.

However, in order to do so, companies must understand the data at their fingertips. Low-quality and biased data can lead to flawed AI models, so starting with high-quality input is essential. Even small tasks, like writing instruction manuals or FAQs for customers, should be done with AI in mind, so it is easily readable for bots in the future. This critical mindset sets companies up for success and helps AI become a trusted advisor that enables users to make better decisions and automate actions.

Tactical Tips on How to Do It

Education comes first for both employees and customers. All employees should understand how AI is being used, or how they are utilizing it, to improve products and services and the impact it can have on their jobs. Companies are also obligated, or should be, to inform customers about what AI is and how it will be used to benefit them.

Secondly, companies should have a governance policy for adopting, deploying, and using AI, clearly explaining the privacy and data sources used for AI solutions. This will help ensure that the company uses AI ethically, which is key to building customer trust.

Lastly, companies should use customer data wisely. For example, companies can watch how customers are interacting with a particular tool and track where their pain points are. Product teams make use of AI and this data to look for ways to automate things customers didn't even know they needed.

Always, Always Keep the Customer in Mind

Understanding the end user's needs is the most important aspect of building an AI product. Make sure every decision, big or small, is focused on creating a better product for customers. Ensure reasoning is provided so they understand how AI is making the decisions and it is — never "closed box." Much like being asked to show your work in an exam — it demonstrates your thought process and understanding of the customer's needs.

AI will continue to grow over the next days, months and decades, and sooner than we realize, it will be built into every product we use. To be successful, product leaders must prioritize transparency and education when building these products. Companies should not be afraid to experiment with AI but should also be mindful of its potential risks. By keeping goals and the end users in mind, companies can stay ahead of the curve and provide customers with innovative and helpful products.

James Field is Sr. Director of Product Strategy and Operations at LogicMonitor
Share this

The Latest

November 21, 2024

Broad proliferation of cloud infrastructure combined with continued support for remote workers is driving increased complexity and visibility challenges for network operations teams, according to new research conducted by Dimensional Research and sponsored by Broadcom ...

November 20, 2024

New research from ServiceNow and ThoughtLab reveals that less than 30% of banks feel their transformation efforts are meeting evolving customer digital needs. Additionally, 52% say they must revamp their strategy to counter competition from outside the sector. Adapting to these challenges isn't just about staying competitive — it's about staying in business ...

November 19, 2024

Leaders in the financial services sector are bullish on AI, with 95% of business and IT decision makers saying that AI is a top C-Suite priority, and 96% of respondents believing it provides their business a competitive advantage, according to Riverbed's Global AI and Digital Experience Survey ...

November 18, 2024

SLOs have long been a staple for DevOps teams to monitor the health of their applications and infrastructure ... Now, as digital trends have shifted, more and more teams are looking to adapt this model for the mobile environment. This, however, is not without its challenges ...

November 14, 2024

Modernizing IT infrastructure has become essential for organizations striving to remain competitive. This modernization extends beyond merely upgrading hardware or software; it involves strategically leveraging new technologies like AI and cloud computing to enhance operational efficiency, increase data accessibility, and improve the end-user experience ...

November 13, 2024

AI sure grew fast in popularity, but are AI apps any good? ... If companies are going to keep integrating AI applications into their tech stack at the rate they are, then they need to be aware of AI's limitations. More importantly, they need to evolve their testing regiment ...

November 12, 2024

If you were lucky, you found out about the massive CrowdStrike/Microsoft outage last July by reading about it over coffee. Those less fortunate were awoken hours earlier by frantic calls from work ... Whether you were directly affected or not, there's an important lesson: all organizations should be conducting in-depth reviews of testing and change management ...

November 08, 2024

In MEAN TIME TO INSIGHT Episode 11, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses Secure Access Service Edge (SASE) ...

November 07, 2024

On average, only 48% of digital initiatives enterprise-wide meet or exceed their business outcome targets according to Gartner's annual global survey of CIOs and technology executives ...

November 06, 2024

Artificial intelligence (AI) is rapidly reshaping industries around the world. From optimizing business processes to unlocking new levels of innovation, AI is a critical driver of success for modern enterprises. As a result, business leaders — from DevOps engineers to CTOs — are under pressure to incorporate AI into their workflows to stay competitive. But the question isn't whether AI should be adopted — it's how ...