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How AI is easing the Digitization process in IT & Consulting

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LeSoft
Oct 2022

IT and Consulting is one such industry that takes care of software development, software management, and catering to clients' needs as per their requirements.

Since the emergence of the COVID-19 pandemic, organizations have vividly adapted to the new normal by harnessing the features, benefits, and advantages that emerging technologies add to their business.

One such technology is Artificial Intelligence, abbreviated as AI.

It has a wide array of applications across business areas of several organizations from different domains.
What if I say that AI will be the next big thing in IT & Consulting in the upcoming years.

While it excites you to know the potential AI holds for IT & Consulting, what scares you the most is uncertainty about its benefits, and that's where you become vulnerable to investing in AI.
IT and Consulting services help clients assess different technology strategies and align their technology strategies with their business process strategies which further support customers' IT initiatives by providing strategic, architectural, operational, and implementation planning across the value chain of the businesses.

Recent research suggests that the global market value of AI will reach USD 1,400 Billion in 2030.
Such considerable growth pushes organizations to invest massively in AI. When organizations invest in people and processes, they quickly lose momentum with artificial intelligence. The reason is that it's deceptively easy to launch a series of successful AI at multiple projects.
Without the right approach and focus on change management strategy, it becomes nearly impossible to achieve AI at a larger scale, and that's where organizations become aware of the rising significance of AI and take steps to harness its value.

In simple words, AI is the simulation of human intelligence in machines and their programming to think like humans and mimic their actions, deliver growth, promote efficiency, and increase resilience.
However, extracting the maximum out of AI is impossible without its proper implementation.
Secondly, there has been a bleak view stating that AI will replace humans in the days to come.
While this is half the truth, what's more, important is the rising instances of business streamlining.
But, just like any other emerging technology, AI, too, will surge to massive heights only after the support and investments from the governments, both in terms of project approvals, funding, and project initiations.

Furthermore, the disruption caused in the IT & Consulting industry by AI will always be prone to cyber threats and other instances of data leakages and cybercrime activities, which makes it imperative for both governments and companies to understand what it takes to implement AI and drive value across the businesses' entire value chain.
No matter what the industry critics say about the uncertainty of AI-based value creation, as far as organizations know how to leverage the benefits that come with AI, it is only going to bolster more growth in sectors of several business domains.

Conclusion

AI is a game changer. Since its inception, it has proved vital for various industries across the sectors with its unique benefits, revolutionizing domain-specific areas.

Even IT & Consulting has a wide array of applications transforming the industry by increasing its digital footprint.
However, there is significant uncertainty regarding its feasibility, and that's where companies need to invest in AI more.
In the years to come, AI will only benefit multiple industries.