Reference no: EM131791809 , Length: word count:1500
Assessment Details - Digital Innovation
You are expected to write a thoroughly researched/analysed critical business report for assignment.
You have been hired as a consultant for the organization (in the banking industry) you have been selected for this project due to your exceptional credentials. The CTO of the selected organization has identified artificial intelligence as emerging technology which could have real commercial viability for their organization.
You need to research the trends and explain potential applications for artificial intelligence within the selected organization.
Prepare a briefing report for CTO which analyses artificial intelligence. Perform a feasibility and viability (business model canvas and value proposition) for artificial intelligence to determine the business model / value proposition in the selected organization. Develop the product or a processes roadmap by outlining the minimal viable product or a process. Develop a cost benefit analysis for artificial intelligence.
In this course, there are three components which need to be submitted as a professional business report (each report should be a complete document in its own right) to the Chief Technology Officer of the major organisation of your own choice.
The organization you are allowed to select to demonstrate the solution of the all the assignment below is banking industry.
Assignment 1 - Business Case
Business Case - In this professional business report, you must at least cover the following points adequately:
- Identify the selected organization in the industry mentioned above and give an overview of artificial intelligence.
- Existing technology analysis and trends (issues) in the selected organization in the industry mentioned above.
- Describe scope of artificial intelligence in the selected organization in the industry mentioned above.
- Provide the problem statement and benefits artificial intelligence can solve in the selected organization in the industry mentioned above.
- Recommendation & Conclusion
Assignment 2 - Strategy Plan (world limit 1500 words)
In this professional business report, you must at least cover the following points adequately:
1) Business model canvas in the context of artificial intelligence in the selected organization in the industry mentioned above.
2) Technology analysis and trends in the context of artificial intelligence in the in the industry mentioned above.
3) Alignment of business model and value proposition
4) Identify the different customer segments to whom the product/process will be valuable
5) Outline a representative customer journey
6) Recommendation & Conclusion.
Assignment 3 - Organisational Integrations
In this professional business report, you must at least cover the following points adequately:
Strategy
Discuss the short term strategy to launch the MVP and validate the product/process
Mission, vision, goals, objectives, strategies and tactics
Hypothesis / Use Cases / Experiments which you want to validate / invalidate as part of your short term strategy to inform your product/process roadmap
Cost benefit analysis
Discuss the longer term strategy to iterate the product/process with additional features and to develop a viable business model
Mission, vision, goals, objectives, strategies and tactics
Hypothesis / Use Cases / Experiments which you want to validate / invalidate as part of your short term strategy to inform your product/process roadmap
Cost benefit analysis
Product roadmap and minimal viable product/process for artificial intelligence
Identify the issues and integrations of artificial intelligence in the selected organization.
Recommendation & Conclusion.
Need Assignment 2 Strategy Plan 1500 words.