No longer a fringe curio, AI has evolved from futuristic concept into an all-consuming technology. And while the first wave of viable AI learned to walk with chatbots and basic automations, AI is coming of age as organisations seek to fuse it with real-time data to unlock efficiencies and opportunities. This is the era of dynamic data, and companies are beginning to realise just how critical data maturity is to make it reality.
If the first wave of viable AI was all about chatbots—linear automation that answered simple queries framed as preset questions based on predefined data—businesses are now looking to flex beyond set outcomes to integrate AI with real-time operational data. Think retail companies merging AI with live sales data, or member organisations feeding AI with member information to personalise experiences and deliver timely insights.
In essence, businesses are realising data is at its most potent when it’s current. While point-in-time data provides useful historical context, real-time data is the fuel AI needs to make accurate predictions and deliver timely insights. Instead of relying on last quarter’s sales reports, AI can now access live sales, giving businesses the ability to tweak operations on the fly. And it’s this shift that is redefining how businesses interact with their data.