You need everything you see in the list below and so much more, as well as ongoing management and instruction to keep your AI systems operating at peak performance. It’s this comprehensive make-up of technology, style, and approach to AI that delivers the return on your investment.
How to generate ROI from AI
Let’s consider just 13 of all the crucial elements you need to consider, alongside LLM capability, to make AI automation successful for your company, including functional and non-functional aspects:
1. Clear business objectives
First and foremost, what are you using AI for? What should it achieve for your business? Launching an AI assistant without this figured out from day one is like launching a marketing campaign with no target audience. It’ll reach and convert no-one.
– Research customer experience and your need for services
– Know what metrics you want to improve
– Set your Objectives & Key Results
2. Organised data
You’ll need to find, check, and organise your data stores (customer records, company processes, manuals, and marketing, sales, finance or customer service documents), then decide where you’ll store them for an AI assistant to access them for different tasks, and how (via a database or API, etc.). Today’s AI agents also use RAG to retrieve highly specific information about your processes and business from such sources, so they need to be accessible and accurate if you want AI responses to be right and also remove hallucinations, which LLMs are prone to if you don’t securely introduce them.
Consider too how you’ll keep this information up to date, whether your AI assistant will update documents via a team-working platform like Microsoft Teams or upload them directly into your AI platform. is clever but can only learn from and share what you feed it, so knowledge management systems that determine what process you use for which piece of data to train your effectively need to be mapped out and followed to the letter to avoid errors.
3. Appropriate API setup
An AI agent isn’t able to complete tasks or end-to-end journeys for people without being integrated with all the go-to apps and systems your teams use already. This integration is often facilitated by APIs and to use them, you’ll have to:
– Catalogue all the APIs your AI agents will interact with
– Understand API protocols (REST, SOAP) and data contracts
– Find or build OpenAPI specs for the APIs
– Understand what data and in what format the API expects and responds with
– Implement OAuth, API keys, or other security measures
– Define strategies for API failures and exception management
– Consider API Rate Limits and plan accordingly for any limitations
– Some APIs also require working with multiple endpoints and calls to carry out a task or transaction
4. Deep AI capability
Successful AI agents today must be able to recognise and understand requests and commands without human help by identifying key information and context. This means your AI agents need NLP, intent recognition, entity extraction, and context management, and you must understand what all those things are.
You’ll also need to be able to decide which AI model is best suited to each task and then instruct it appropriately for the most striking result.
5. Fluid visual design
Although it’s now commonplace to chat to and speak with AI assistants, it’s important to remember the tasks they’re assisting with and conversations they’re having are with human teams and customers. Your UI/UX interface design and messaging format is as important as the technical components that make your AI agents work, so people have a hassle-free experience and can enjoy it. You’ll need to give as much thought to browser compatibility and ease of use as you do to branding, styling, and naming.
6. Robust security
It’s impossible to cover the depths of your security, disaster planning and recovery needs here; it’s a whole separate article entirely, but it includes following best practices to prevent vulnerabilities, penetration testing and regular security assessments by third parties, and compliance audits.
You’ll need to use redaction to protect PII (personally identifiable information) in the right place at the right time for all AI-driven conversations, internally and externally.
7. Compliance handling
You not only need to be compliant with ADA and WCAG accessibility standards for inclusive design and assistive technologies, you also need to be compliant with industry standards like HIPAA and PCI DSS, GDPR regulation, legal obligations, and meet strict data storage location laws too. Absolutely no skimping.
8. Strict privacy policies
Data protection, as we already know, is a big issue in AI, and rightly so. AI agents are handling all the tasks your teams do and so should be bound by the same strict confidentiality and data protection rules. It’s critical you collect only necessary AI data and appropriately contain and manage consent for using it. Trust in business is easily broken when companies don’t pay close attention to details around data.
9. Time to test
It takes a long time to test and build any new AI-powered system, but particularly a public facing one where every word you say will be scrutinised. Yet AI is advancing so fast, if you aren’t already agile and equipped with the expert team you need to get every element of a secure, smooth AI system off the ground, you can miss opportunities or make mistakes rushing. One thing’s certain; you can’t skip the testing phase and it’s not a once and done task.
10. Timely updates
As LLMs and all AI technologies evolve quickly from here, it’s important to update your systems regularly to keep up with and in line with industry-standard innovations in AI ― yes, all of them! 😬