Learnings From Implementations
As organisations experiment with AI, several important lessons are becoming clear. Here are a few that should inform every AI journey.
A technology-first approach often creates impressive pilots yet fails to deliver meaningful business impact. Gartner reports only 48% of AI projects make it into production, while BCG finds only 22% of companies move beyond proof of concept and just 4% create substantial value. To avoid this trap, organizations should start with business priorities and use cases, then apply AI and technology as enablers of measurable outcomes.
AI projects often fall into an old trap: automating the wrong thing instead of redesigning the process for better outcomes. Simply paving the cow paths creates speed, not value. In addition, data appeared clean and ready in the pilot but is a real mess when in production. An automation will expose flaws in leadership, process designs, data quality and operating models.
Before starting any pilots you should be clear on a number of key considerations: – does it support your business objectives, who will own the project at an executive level, how will business processes and structure be impacted, how will customer journeys be impacted, do you have clean data in place, can you actually get it into production and sustain the solution, will it be able to scaled without a resource cost multiplier effect. Without clear answers to these questions your pilot will be a pilot and money wasted.
Emerging Markets Needs Innovate Solutions
We have so much evidence and experience today to realise that traditional or “first world” solutions do not always work in emerging markets and as a result leaving many people excluded from necessary financial inclusion, education, health care and in essence a means to make a decent living.
A classic example is traditional credit scoring models that do not cater for many informal business sectors because mechanism such as credit history, payslips, proof of residence etc do not apply. Yet many of these business owners have very reliable income streams, employ people and are in fact the backbone of their local communities.
Doctor shortages across Africa leave millions of people without the basic healthcare needed.
Smallholder farmers are losing up to $200bn per annum from either crop failure or the inability to get produce to market at the right time and place.
Estimated 260m children do not have schools to attend, not even mentioning access to enough qualified teachers. A high-level calculation indicates a shortage of 6.5m teachers just in developing regions.
This world therefore needs a new way of solving issues in emerging markets. The advancement of technology and AI can and is already providing much needed relief to many of these issues.
Cities in emerging markets are losing billions a year to traffic congestions. Just take a drive through cities like Lagos, Nairobi, Kampala, Dae es Salaam and Cairo to experience the impact, not only financially but also on mental well-being.
Solutions to these pain points need news way of thinking and innovation patterns such as hybrid human-AI models, low-bandwidth design, alternative data solutions and voice-first interfaces are way forward.
By using these patterns, we now see solutions such Zuri Health that uses AI-enabled symptom checkers to reduce diagnosis time, Qure.ai uses portable X-rays analysed by AI to detect TB, Plantix diagnoses crop diseases via phone photos with 90% accuracy, Okra’s “plaid for Africa” solution uses ML models to analyse cash flow patterns for loan eligibility, Imagine launched an adaptive learning platform for students in a number of African countries, allowing kids with tablets access to all the content they require.
In conclusion, with short blog, my message is that all enterprises operating in the emerging market must seek for these new solutions to enable their customers in affordable ways to become “included” in the world we live in today.