leadership lab

Dr. Foteini Agrafioti is the senior vice-president for data and artificial intelligence and chief science officer at Royal Bank of Canada.

As organizations consider adopting artificial intelligence, they are faced with three options: build the AI technology in-house, buy it from a third-party vendor or develop a hybrid solution with third-party support.

These options have pros and cons but one constant should exist across all models: organizational support. Stakeholders, from business leaders, technology teams, functional partners and end users must have a strong understanding and commitment to the AI approach if it is to be successful.

The main benefit of building a proprietary AI solution is customization. An organization has full control over a product, its capabiliti

See Full Page