Part 8/13:
The Ecosystem Approach: Collaborations and Partnerships
A recurring theme was that organizations cannot go it alone in AI transformation. Successful implementation requires ecosystem collaboration, including partnerships with cloud providers, innovation labs, and specialized AI vendors. An illustrative example included a project with ServiceNow, which resulted in a 50% reduction in procurement cycle time and increased compliance.
This collaborative model emphasizes leveraging external expertise and existing platforms—effectively avoiding the pitfalls of "reinventing the wheel." The powerful idea here is consolidation and active ecosystem engagement to accelerate AI adoption and maximize ROI.