What determines the cost of an AI project


Posted April 29, 2022 by tanvis_

Artificial Intelligence holds the power to revolutionize the business and its op operations.

 
Artificial Intelligence holds the power to revolutionize the business and its op operations. With the wonders this modern technology has done globally, no company wants to stay away from the fruits AI can bring. But before you develop, having idea of the cost is important. And when you ask a consultant or a vendor how much a certain AI would cost your company, a typical response is, “Well, it depends.” Padmashree Shagrithaya, Vice President, Head - AI & Analytics, India I&D, Capgemini defines Indirect costs as the ones which are involved primarily due to development challenges or model performance or lack of transparency of the model. These includes model performance cost because continuous model monitoring is necessary to ensure the decisioning consistency. Any wrong recommendation due to drop in model performance can have a negative cost impact.
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Issued By tanvi
Country India
Categories Automotive , Computers , Engineering
Tags ai , capgemini , it
Last Updated April 29, 2022