The Synergy of Tradition and Innovation: How the Latest AI Revolution Impact and Evolve Centers of Excellence (CoE)

Authors: Amnon Ekstein

DOI: https://doi.org/10.37082/IJIRMPS.ICTIMESH-23.4

Short DOI: https://doi.org/mgdn

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Abstract: This paper examines the influence of AI advancements on Centers of Excellence (CoEs) across diverse sectors, identifying common functional and process areas that can be addressed through AI integration. The integration of Artificial Intelligence (AI) into Centers of Excellence (CoEs) is revolutionizing organizational innovation by reshaping traditional CoE practices and enhancing their functionality. This paper explores the dynamic interplay between established CoE principles and innovative AI technologies, demonstrating how AI is transforming CoEs into data-driven, adaptable, and predictive hubs of expertise. Traditionally, CoEs have served as centralized knowledge repositories, consolidating best practices for process optimization and fostering excellence. The infusion of AI introduces new dimensions to their functions, propelling CoEs into an era of augmented intelligence, adaptability, and predictive capabilities. This research, grounded in the authors' firsthand experience in establishing and operating CoEs, delves into core CoE principles and functions, examining how AI initiatives can contribute to enhancing their capabilities and improving efficiency, cost savings, and Time to Market (TTM). The paper encompasses specific CoEs across various sectors and domains, including Technological, Learning, Health, and Finance. Additionally, it explores the potential of an AI-dedicated CoE to support various organizational areas, including other CoEs, in their evolution towards self-supporting AI functionalities for their specialized domain CoE. As AI continues to serve as a catalyst for progress across domains like Data Science, Analytics, Business Automation, Process Optimization, Innovation, Idea Generation, Quality Assurance, Monitoring, Scalability, Augmented Decision-Making, and more, the fusion of traditional CoE foundations with AI-driven adaptations empowers organizations to maintain a competitive edge.

Keywords: Centers of Excellence, Artificial Intelligence, Organizational Innovation, AI-powered CoE, Digital Transformation, AI Transformation, AI Automation, Innovation, Data-driven Intelligence, Business Processes Improvement (BPI)

Paper Id: 3.104

Published On: 2024-01-23

Published In: Special Issue - International Conference on Trends & Innovations in Management, Engineering, Sciences and Humanities (January 2024)

Cite This: The Synergy of Tradition and Innovation: How the Latest AI Revolution Impact and Evolve Centers of Excellence (CoE) - Amnon Ekstein - IJIRMPS Special Issue - International Conference on Trends & Innovations in Management, Engineering, Sciences and Humanities (January 2024). DOI 10.37082/IJIRMPS.ICTIMESH-23.4

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