In today’s episode we look at the financial aspects of AI including generative AI and that age old question of how to measure and quantify value when your CEO starts asking for hard numbers.
We start off discussing the topic of managing vendor risk highlighted by the real life drama at the end of 2023 that unfolded at OpenAI. What are the implications for the need to build resiliency in your applications to get the most out of your technology investments and their use and minimize your risk.
Next, Distinguished VP analyst expert, Fran Karamouzis discusses the multiple dimensions that organizations need to look at to be defining budgets for AI development.
And finally, in Part 1 of our interview with Rickard Wieselfors, Automation and AI lead at Ericsson, he shares his best practices and words of wisdom on how he was able to deliver and measure over $500 million in business benefits through AI and related innovations. In Part 2 coming in Episode 7, Rickard shares his experiences and early results from Ericsson’s generative AI initiatives.
About our guests:
Rickard Wieselfors, VP and Head of Enterprise Automation & AI at Ericsson.
Rickard is the founder and leading the Global Automation & AI team at Ericsson with the purpose to drive transformation through Intelligent Automation & AI across Ericsson to the benefit of both customers and employees. In addition, Rickard drives innovation and adoption of intelligent technologies such as Machine Learning, Generative AI, Low Code and Blockchain. Prior to this role, Wieselfors has more than 20 years of professional experience as an executive in the technology industry. Rickard holds an MBA from the Stockholm School of Economics.
Fran Karamouzis, Distinguished VP Analyst, D&A Analytics and AI Practice
Fran Karamouzis is a Distinguished VP Analyst in Gartner's Research and Advisory Group focusing on Artificial Intelligence, Hyperautomation (inclusive of RPA and decision modelling) as well as the business and IT services to drive outcomes. Ms. Karamouzis is focused on research that addresses strategic planning, evaluations, business cases and service delivery capabilities, as well as disruptive trends. Ms. Karamouzis has appeared and/or contributed to reports showcased on 60 Minutes, CNN, CNBC, PBS, Business Week, Forbes and the Council for Foreign Relations. Ms. Karamouzis earned a bachelor's degree in International Business and Accounting from New York University. She has also completed her M.B.A. in Finance at New York University.