There are many obstacles and challenges that we see when marketers are selecting and implementing an AI initiative. These obstacles include:
- A lack of confidence in Marketing's technical expertise
- Resistance to AI technology
- Technical resource constraints
- A lack of structured data for AI learning
- Ethical concerns about the new technology
Our Advice
Critical Insight
AI is here. Cut through the hype and start with the right initiative. Supercharge revenue growth, accelerate operational efficiency, and increase cost savings with the right AI initiative. Evaluate AI applications according to the value they will bring and your company’s readiness to implement. Prioritize those AI initiatives with the highest value-readiness score to deploy across Marketing, Sales, and Customer Success.
Impact and Result
After working through this research, you'll come away with the ability to:
- Identify and prioritize the most impactful and realistic AI initiatives for the organization.
- Identify metrics that will be improved through leveraging AI for growth.
- Develop internal AI capabilities.
- Move forward with an agile adoption of AI initiatives.
Workshop: Capitalizing on AI
Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.
Module 1: Identify Marketing-Supported Business Goals
The Purpose
Identify and align your AI strategy to your business goals.
Key Benefits Achieved
Identify top AI use cases that support your business goals, as well as possible vendors.
Activities
Outputs
Identify SMART marketing-supported business goals that create value.
Identify possible AI use cases and software that would meet these goals.
- SMART marketing-supported business goals
- AI strategy goals
- List of metrics to improve with AI strategy
Module 2: Brainstorm
The Purpose
This a whiteboarding session where we brainstorm all possible use cases that support the identified business goals. We then flesh out each use case into an AI initiative.
Key Benefits Achieved
Create a longlist of AI use cases. Flesh them out with pain points, metrics improved, expected value, data required, readiness to implement. Identify any legal or ethical concerns.
Activities
Outputs
Create a longlist of possible AI solutions
Flesh out the use cases with pain points, metrics improved, expected value, data required, and organizational readiness for adoption.
Identify any legal or ethical concerns using the guidelines established by your AI council.
- A longlist of AI use cases complete with all the information necessary to gauge their suitability
Module 3: Create AI Initiative Shortlist
The Purpose
Create a forum to discuss the long list of opportunities. Categorize and short list the top AI initiatives.
Key Benefits Achieved
A shortlist of AI initiatives and a comprehensive group review by decision-makers.
Activities
Outputs
Gather decision-makers to discuss the long list.
Categorize opportunities
Shortlist top AI solutions
- AI initiative shortlist
Module 4: Scoring Initiatives
The Purpose
Score the AI initiatives according to value and readiness. Periodize your AI powerhouse initiatives.
Key Benefits Achieved
Uncover your golden opportunities with your high-value and high-readiness AI initiatives
Activities
Outputs
Gather decision-makers to discuss the shortlist.
Categorize opportunities.
Decide on AI powerhouse opportunities.
- AI initiative value-readiness assessment
- Possible vendors for each AI initiative
Module 5: Next steps and wrap-up (offsite)
The Purpose
Get executive approval to move forward with AI initiatives.
Key Benefits Achieved
Get to “go” on high value-readiness AI initiatives.
Activities
Outputs
Build the AI initiative executive presentation, including the highest value-readiness initiatives, benefits, and metrics.
Gain executive approval and move forward with the AI initiatives.
- AI initiative executive presentation
NFO~TECH RESEARCH GROUP | MARKETING RESEARCH & ADVISORY
Capitalizing on AI
Supercharge Marketing, Sales, and Customer Success growth by selecting the right AI initiative.
Info-Tech Research Group Inc. is a global leader in providing IT research and advice. Info-Tech’s products and services combine actionable insight and relevant advice with ready-to-use tools and templates that cover the full spectrum of IT concerns.
© 1997-2024 Info-Tech Research Group Inc.
CAPITALIZING ON AI
Table of Contents
03 | Analyst Perspective |
04 | Navigate the New Landscape of AI |
07 | The Benefits of Using AI are Real and Immense |
08 | AI Case Studies: From Theory to Reality |
14 | Overcome Resistance to AI: Addressing Ethical and Technical Implications |
15 | How to Choose the Right AI Initiative |
16 | The Secret Sauce: Balance Value Against Readiness |
19 | AI Use Cases |
20 | The Top 5 Info-Tech Big Bets on AI |
38 | A Manifesto for AI |
50 | Phases and Steps |
66 | Measure the Value of this Blueprint |
68 | Bibliography |
THE AI REVOLUTION
Analyst perspective
AI is changing the way that CMOs, sales leaders, and heads of customer success do their jobs. In fact, that change has already started to happen. With 90% of organizations using some form of AI (70% using and 19% are testing), failing to act swiftly in the face of this monumental change could lead to lost opportunities and revenue. Those who continue to delay adoption could lose market share and revenue.
Even so, many leaders are unsure how or where to start implementing AI solutions for their companies. Selecting the right AI applications promises to drive immediate revenue, operational efficiency, or cost savings. Nevertheless, leaders need a way to understand which AI initiatives will be the most impactful and which they are most ready to implement.
Leaders should begin selecting their AI initiative because early adoption of impactful technology will provide a competitive advantage. Those who delay adoption will undoubtedly be left behind. The AI revolution is already here, so don’t feel like you are sticking your neck out.
To optimize the AI strategy, it's important to start by identifying how marketing adds value to the organization. This understanding lays a solid foundation for CMOs, sales leaders, and customer success heads to uncover AI use cases that support value creation. With this solid foundation, they can then prioritize AI initiatives that have the greatest value and align with the organization's readiness.
Terra Higginson
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Shashi Bellamkonda
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Navigate the new landscape of AI in Marketing, Sales, and Customer Experience
Pain Points
In the quickly evolving AI landscape, marketing, sales, and customer success professionals encounter significant hurdles. While AI's availability and necessity grow, it brings with it a wave of hesitation and uncertainty.
- Decision dilemma: Marketers see AI everywhere, but they just aren’t sure where to start, given the wide variety of options available.
- Risk aversion: There is a large risk to marketers who invest in AI that doesn't deliver business value.
- Expertise gap: Without a good and easy methodology for selecting AI, it is difficult to assess AI software.
Obstacles
There are many obstacles and challenges that we see when marketers are selecting and implementing an AI initiative. These obstacles include:
- A lack of confidence in Marketing's technical expertise
- Resistance to AI technology
- Technical resource constraints
- A lack of structured data for AI learning
- Ethical concerns about the new technology
Info-Tech’s Approach
We help marketers uncover golden opportunities in AI. Our strategy is all about making sure you're choosing initiatives that don’t just have a high impact, but which are also a great fit for your current capabilities. After working through this research, you'll come away with the ability to:
- Identify and prioritize the most impactful and realistic AI initiatives for the organization
- Identify metrics that will be improved through leveraging AI for growth
- Develop internal AI capabilities
- Move forward with an agile adoption of AI initiatives
AI IS HERE. CUT THROUGH THE HYPE AND START WITH THE RIGHT INITIATIVE.
Supercharge revenue growth, accelerate operational efficiency, and increase cost savings with the right AI initiative. Evaluate AI applications according to the value they will bring and your company’s readiness to implement. Prioritize those AI initiatives with the highest value-readiness score to deploy across Marketing, Sales, and Customer Success.
CAPITALIZING ON AI
AI is here: get on board or be left behind
Welcome to the era of AI:
Businesses vie for limited resources. Adopting new and better technology allows companies to shift away from an overcrowded market where competition is fierce and move into a new frontier of opportunity where efficiency is increased and the opportunities for cost savings or revenue generation are abundant.
Don’t delay:
The AI revolution is already happening. The AI inflection point started in 2023, and exponential growth will continue. You cannot afford to delay. AI isn't just an option to consider later; it is a strategic imperative we face today. Those who falter will be squeezed out of the ever more competitive market. Worse still, those who choose their path blindly risk investing in the wrong AI.
Prioritize high value, high readiness:
Drive revenues, save costs, and increase operational efficiency with the correct AI initiative.
2023 was the AI inflection point
“AI has been around for 40 years, but we have now reached the inflection point. AI is no longer an IT problem but a marketing opportunity.” (David Piazza, SVP Info-Tech Research Group, Marketing Advisory)