Hi ,
When I first moved into data science at an organisation with fewer than 200 staff, I soon discovered the inconvenient truth they overlooked in my training.
Building effective models with limited data is an entirely different game.
While the smaller size of the organisation created unique opportunities (such as direct access to senior decision-makers), our reality was constrained by limited resources - something I had never previously considered.
Our datasets were too small for reliable model training and enterprise AI tools priced at $100k+ per year were completely out of reach.
After months of trying to bend enterprise techniques to the world in which I lived, I reluctantly concluded these techniques were reserved for the bigger end of town.
But that was then and this is now.
Today everything has changed. In a few, short years, the AI landscape has undergone a revolution that few data scientists even realise.
With the recent commoditisation of AI solutions, it has now become possible for data scientists to create AI solutions for small businesses that deliver jaw-dropping ROI - we're talking multi-million dollar returns from solutions you could build in weeks, not months, with a budget of just $10k.
I recently had the opportunity to speak to AI consultant Heidi Araya who
regularly does just that.
In the latest episode of Value Driven Data Science, Heidi joins me to discuss her approach to creating transformative AI solutions for under-served small and medium businesses.
In this episode, you'll discover:
- Why AI implementations for small businesses can deliver dramatically higher ROI than enterprise solutions
- The three pre-built AI solutions that consistently generate the greatest value for resource-constrained clients
- A practical framework for identifying high-impact opportunities even when clients have minimal data
- The "AI receptionist" solution that generated
$30 million in new business from dead leads for one small client
If you've been told your organisation is "too small for AI", then this episode will change everything you believe. Listen now on Apple Podcasts or Spotify, or click the link below:
Episode 62: The Data Science Gold Mine Hidden in Small Business AI Solutions
Talk again soon,
Dr Genevieve Hayes.
