Why Should I Implement AI into My Business?

Integrating AI into business operations brings numerous advantages, including enhanced customer engagement, improved decision-making, increased efficiency, and personalized experiences. AI can streamline processes, automate repetitive tasks, and provide valuable insights across various business functions.

After all, the potential global economic impact of artificial intelligence is predicted to reach $13 trillion by 2030.

Benefits of AI Development Outsourcing

Costs Saving

Contrary to popular beliefs, outsourcing AI development indeed can save money. And we’re not talking peanuts.  

Our extensive experience in team augmentation has highlighted the persistent challenges of securing qualified IT specialists.  Anyone familiar with the hiring process understands this well.  However, the scarcity extends even further for specialists with expertise in AI development. Let the numbers do the talking. 

A recent Reuters report revealed a staggering 50% hiring gap for AI-related roles. The lack of AI adoption, however, reaches far beyond that. Notably, Pluralsight’s 2024 survey indicates that while 81% of IT professionals believe they can use AI, only 12% actually have the AI skillset. 

Hence to complete a highly skilled team of AI development specialists, the successful brainhunt doesn’t only call for top players on the developers’ side, it requires a team of expert talent acquisition specialists. Their services also don’t come for cheap. 

Hiring pains aside, welcoming new AI development experts isn’t the only trick. Glassdoor data shows that an AI Specialist's average salary in the US exceeds $140,000 a year, while some of the less modest sources imply much more than that. Imagine having a whole team in-house.  

Direct Access to Expertise 

AI development evolves rapidly with new algorithms and tools. Outsourced partners stay updated on these advancements, ensuring your AI solutions use the latest technologies. Leading AI consultancies invest in R&D, keeping their teams at the forefront of AI innovation.

Right, a demand for qualified candidates exceeds supply drastically. Outsourcing addresses this gap by providing access to a global pool of specialized AI developers. Don’t waste your time and resources on a guessing-game in AI hiring. 

Supported by the highly specialized in-house talent acquisition teams, your AI transformation partner has all the resources to match the right professionals with your project’s business goals. 

Diversity is key. It’s essential to have direct access to expertise across AI subfields like natural language processing (NLP, , machine learning (ML), computer vision, or predictive analytics. As AI development experts, we provide comprehensive solutions that many in-house teams may struggle to match. 

Fast and Flexible Implementation 

Outsourcing experts report up to 50% faster completion compared to in-house efforts. Established methodologies and pre-built frameworks avoid common pitfalls and expedite launch.

Why?

When done correctly, outsourcing AI development can be an effective strategy to quickly and efficiently deploy AI capabilities within an organization.

By leveraging the expertise of a highly skilled external provider, you can streamline your product development and gain access to specialized engineering and domain knowledge. With the right outsourcing partner, you can benefit from cost savings, faster time to market, and the flexibility to scale your operations as needed.

Increased Scalability & Risk Management 

As AI becomes integral to business operations, companies' needs will evolve. Gartner research predicts that by 2025, 75% of enterprises will move from AI pilot projects to full-scale implementation. Ready to follow suit? 

If you do, it’s important to maintain flexibility as your project evolves.

Gain momentum with flexibility through outsourcing, which provides agility to swiftly adapt to new requirements by adding expertise or shifting focus. This capability is crucial for navigating the ever-changing AI landscape. 

Outsourcing AI development allows businesses to meet evolving demands without maintaining a large in-house team, offering the ability to scale teams up or down easily and adapt to project needs without the burden of fixed staffing costs.

Are you currently at an AI-dev standstill? Scale down and wait for the right time to impact. Need more workforce? Let it in. 

Staffing aside, scalability in AI projects includes both team size and computational resources. Outsourcing partners often have access to advanced computational infrastructure, enabling businesses to scale AI projects without investing in expensive hardware.

In result, outsourcing helps reduce risks related to infrastructure investments, technical challenges, and customer dissatisfaction.

On-Demand Support 

With the new AI product, the journey just begins. Outsourced teams provide continuous support and maintenance to ensure your software functions flawlessly.

How do we make sure your new product helps you thrive?

Once the AI solution is ready, we seamlessly integrate it into your existing systems and workflows. This ensures the AI solution operates smoothly within your current infrastructure.

Post-deployment, we continuously monitor the AI solution's performance and make necessary adjustments. This includes fine-tuning the model, updating it with new data, and ensuring it consistently delivers optimal results.