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Cost and pricing of AI
August 16, 2023 @ 9:00 am – 9:30 am PDT
We empower business leaders to tackle customer challenges and seize opportunities by better understanding the cost of building AI and the pricing and packaging of AI products.
The “Cost and Pricing of AI” webinar is our third one in the “Approachable AI” series. These webinars aim at decision-makers who approach AI from customer, product, and business perspectives. As we see it, AI is technical, but technology is an enabler, not the primary purpose.
First, we explore the cost elements when building an AI-enhanced solution. In this fast-evolving space, costs can be unpredictable. New AI models and tools are constantly launched, and the price changes can be dramatic. Also, estimating the resource needs may take much work to predict. This goes for data collection, training efforts, and computing resources.
Second, we guide you through the critical cost elements and the ones that should carry less weight in your decision-making. We also bring up some assumptions and their impact on the overall costs.
Third, it may be more approachable to understand the cost through examples. We explore three example projects and their costs. Every case is different, and similar projects can have varying cost structures.
Everything covered up to this point is relevant for in-house tools and commercial offerings you may be building. Finally, we focus on the specifics of the products you offer your customers. We touch on the principles of product pricing and packaging.
About the speakers
Mikko Peltola
Mikko, co-founder and COO of A-CX has a background in driving innovation and building award-winning products and services. With extensive experience at Nokia, Microsoft, and F-Secure, Mikko has leveraged technology to create impactful solutions. Mikko’s career exemplifies a deep understanding of business dynamics and a passion for driving growth.
Dr. Petri I. Salonen
Petri, founder and CEO of TELLUS International, is a renowned expert in business strategy consulting. He’s been a global President for IAMCP, the largest Microsoft partner organization, and held other leadership roles within the ecosystem. He has led hundreds of workshops for ISVs, SIs, and end-user organizations, helping them transform their businesses. Petri is an expert on innovative cloud business models that add value for companies interested in cloud applications.
