Come Together: Unlocking the Power of Integrated Data with AI
I'm going to edit a sacred string of Beatles' lyrics for my newsletter opener: "Come Together, right now, all for me." In this case, I am referring to what I constantly hear as a challenge for companies to pursue personalization -- the fragmentation of their data. Data locked up in different, often legacy, databases, tied to marketing, sales, product use, billing, customer service, ecommerce, etc. It's all over the place, and getting it to "come together" seems daunting.
Yet, from what I have seen in many AI tools now, one of the core capabilities they enable is writing the code and bringing together disparate data. Could the walls that divide up data about a customer be melting? Here's a few examples:
The more I dive into newer AI tools, especially those focused on unlocking the potential of specific use cases, usually tied to a sector or a functional process, most of them start from the premise that their value comes from bringing data together. Then, the larger pool of data becomes the base for new analytics, spotting triggers, trends, and targets to act upon that could never have been possible when the data was balkanized.
There are large numbers of outsourcing firms, consultancies, and pools of data engineers all pointed at integrating data. It often takes months and unusually large budgets. Is that always necessary now? The tools I cite are not for every application, but there are more capabilities now out there than most IT teams and executives realize. I've seen companies using these tools realize breakthroughs that spending vast sums on data integration could never unlock.
The art of the possible is greatly expanding. Yes, the promises of GenAI for creation, providing answers, and now, with agents, executing operations are real. But let's also acknowledge that some of the more mundane areas, such as data integration, standardization, and hygiene, are now also transforming, providing large and small companies with fewer excuses based on the state of their data. Yes, basic processes and instrumentation to capture data in the first place is a huge gap for many companies, but bringing one's data together is now within reach.
AI can help companies unlock their own data to power AI. What could you unlock by bringing the data that you do collect together? What would change in your operations? Where is it worth trying specific tools to unlock the potential? I am very curious to hear more from leaders experimenting with these capabilities and how they see the pros and cons involved.
Founder/CEO - Soteria Intelligence
6moGreat post brotha!
Security is a huge issue. No question. But many tools can now just operate in a closed fashion in your own cloud. Not everyone will be comfortable. But I have seen a lot of progress
Freelancing , Customer Service & Sales , Helping Businesses Thrive
6moDavid Edelman I agree with you. AI is absolutely amazing, but have you thought about the security threaths? I'm a bit hesitant about plugging in a cloud-based AI into business critical processes. Besides the possibility of AI that is coded to be malicious, hackers can still trick AI into doing things it's creators didn't intend and I'm sure some AI has backdoors which where hard-coded in.
HARP Care Manager at Sun River Health
6moGreat article. Very informative
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6moInsightful