3. % of time spent in activities that can be automated
Automation using Machine Learning
• Retailers use both physical automation such as robots in warehouses and algorithms to predict what users will purchase
Reference - McKinsey & co
3
• Where can you automate by augmenting human wisdom?
4. HBR survey summary of 3000 AI executives
Reference - McKinsey & co
4
• Don’t believe the hype: Not every business is using AI despite a 26B investment in AI
ü 20% are using at least 1 solution at scale
• Believe the hype that AI can potentially boost your top and bottom line
ü 30% of the users are achieving revenue increase
• Without support from leadership, your AI transformation might not succeed
• You don’t have to go it alone on AI — partner for capability and capacity. Machine learning is a powerful tool, but it’s
not right for everything.
• Resist the temptation to put technology teams solely in charge of AI initiatives
• Take a portfolio approach to accelerate your AI journey
ü Short-term: Focus on use cases where there are proven technology solutions today and scale
ü Medium-term: Experiment with technology that’s emerging but still relatively immature
ü Long-term: Partner to solve a high-impact use case with bleeding-edge AI technology
• Digital capabilities come before AI
ü Odds of generating profit from using AI are 50% higher for companies that have strong experience in digitization.
8. Identify data needs & create a service mentality
Data Hygienists
Clean incoming data for accuracy
E.g. Calendar days vs. working days to count # of days
Data Explorers
Sift through data to discover the data we actually need
E.g.Training data
Solution
Architects
Organize the explored data for analysis & querying
Data Scientists Model the organized data for predictive analytics
Experience
Experts
Turn the models into experiences that get results
E.g. e-mail, Interactive
Reference – HBR
8
10. 10
Sample Journey
Solve one problem –
Share success Metrics
Try new solutions in few
channels to showcase
results
Expand to other channels
& problem sets
Resulting web of trees
Create a product organization with agile practices & transparency with key objectives
11. Culture-Worry less about crunching with more focus on serving the model
Voice of the customer
Purpose driven product
Product teams with missions
Fun and encouragement
12. Unified experience for guests
12
Customer Backbone triggers User Experience with Real-time Context
Customer Lifestage & Shopping Journey
Products Promotions Supply Demand
Prediction
scoring
Context Security
Channel
optimized
Operations
AI / ML Engine (Algorithms, Operations, Network optimizations)
Customer Experience Backend Optimizations
Infrastructure & Data warehouse Management
Segmentation A/B TestingIdentification
Privacy &
Security
Data as a
service Content & Data Mgmt
User Facing
Tech Backend
P
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o
d
u
c
t
M
a
n
a
g
e
r
s
Unified experiences through channels such as E-mail, Apps, iOT, Google Home/Alexa, Website, wearables, Stores, at Home
Marketing & Service Channels
9
13. Recruiting tips – Open discussion
13
• Intern Program
• Brand / Culture Social awareness
• University partnership
• LinkedIn friend profile sharing – Lite referral
• Crowd sourced contests
• Fun culture