I view an AI consultant as a wizard.
I grew up a huge Harry Potter and Doctor Strange fan. The wave of the wand and the circular swish of the hand changes the circumstance.
I see artificial intelligence consultants as wizards who reshape an organization. They conjure growth with expertise. They move technologies from old to new. They are leaders of change.
But which wizard is strong enough without his/her wand or the power of spinning golden circles? Everyone needs training and direction to become one.
Artificial intelligence consultant courses are now quickly becoming popular. It’s not a surprise.
Did you know?
Generative AI consulting as a market size is valued at USD 93472 million. ColorWhistle says that this number is set to expand. It’s expected to reach USD 630611.25 million by 2028.
Let’s understand what an AI consultant is before we learn how you can become an AI consultant?
AI consultants are specialist counselors who bridge a divide. If you’re an artificial intelligence consultant, then you bridge your organization’s strategic requirements with the technical jargon of artificial intelligence.
Similar to their counterparts in Harry Potter, they summon insights from seemingly chaotic information.
An AI consultant meaning could relate to,
- Helps businesses navigate the challenges of adopting AI
- Transforms your investments as measurable and in line with company goals
- Is an implementer of solutions that drive innovation
- Aims for efficiency and competitive advantage
What does an AI consultant do?
A wizard isn’t a one-trick-pony. There’s always more to their bag of sorcery. An AI consultant is the same. They wear numerous hats. When we want to know what an AI consultant is? or what does he do?. We learn the following,
Artificial Intelligence consultants identify AI opportunities
- Examine current procedures to find gaps where AI can improve decision-making.
- Scan through data to then train artificial intelligence models.
- Spot trends to retain applicability in various business areas.
- Align their AI strategy with corporate goals.
AI consultants develop AI strategies
- Go through various business use cases based on impact and strategize the same.
- Build an AI plan with actions, materials, and schedule.
- Become a moral compass for ethical AI standards.
- Keep improving Ai capabilities in governance, data or infrastructure.
AI consultants choose AI solutions
- Assess the capabilities of AI platforms and tools.
- Look at an AI vendor’s track record and level of support services.
- Balance data compatibility with the eventual AI solution chosen.
- Keep scalability in mind for future growth and any major change.
AI consultants are always available for support
- Always scanning to fix technical issues based on set AI solutions.
- Constantly instruct clients or internal personnel.
- Retrain clients in newer AI models.
- Focus on ROI to measure against the AI solutions proposed.
Examples of AI consultants
Artificial intelligence consultants use their expertise as a magnifying glass to pinpoint opportunities. They add value and create an AI support structure. This aligns with the solution they propose. AI consultants combine business savviness with technological know-how.
McKinsey and Company
McKinsey needs no introduction. It’s a multinational management consulting firm that specializes in AI. They provide support for implementation as well as strategic guidance.
- They specialize in customized data analysis solutions for customers.
- They make full use of their in-depth industry expertise to deliver AI consultancy solutions.
Accenture
Accenture is another top international provider of AI consultancy.
- They deliver technology, and operational services, with a focus on artificial intelligence.
IBM
IBM is an AI technology company. They provide solutions for a range of use cases and sectors.
- They also lead the way in hybrid cloud technology.
- As artificial intelligence consultants, they offer clients the adaptability to implement apps.
- IBM assists customers in utilizing data and AI to provide insights and streamline procedures.
Which are the types of AI consultants?
Artificial intelligence consultants can offer varying degrees of experience and services, depending on their area of specialization.
AI business consultant
- AI business consultants look for unique business possibilities using AI.
- Create a customized AI plan based on the objectives of the business.
- An AI business consultant will measure ROI using ROI analysis.
- They guide in all aspects of the implementation procedure.
Example of AI business consultant
Here is an example of a well-known AI business consulting firm and their noteworthy customer.
Roland Berger
Global business consulting company Roland Berger provides a variety of services to assist businesses.
- Their goal is enhancing performance and accomplishing their strategic objectives.
- They offer knowledgeable counsel on issues including strategy, operations, finance, technology, and sustainability.
AI management consultant
- An AI management consultant will suggest AI platforms based on the needs of the business.
- They develop a management team that solely focuses on AI implementation.
- Management issues such as bias and privacy towards AI implementation is handled.
- An AI implementation consultant offers continuous support towards the solution they propose.
Example of AI management consultants
Here is an example of a well-known AI management consulting firm and their noteworthy customer.
Bain & Company
The US headquarters of Bain & Company are located in Boston, Massachusetts.
- Bain & Company is renowned for its exacting analytical methodology.
- They possess an extensive knowledge of the business.
AI strategy consultant
- AI strategy consultants determine how data-rich an organization is before and after using AI.
- They define the AI vision and align them with aims and ambitions of the business.
- An AI strategy consultant will create a strategic plan for implementing AI along with deadlines.
- They assemble an in-house AI Team to assist stakeholders in finding the right AI personnel.
Example of AI strategy consultants
Here is an example of a well-known AI strategy consulting firm and their noteworthy customer.
Boston Consulting Group (BCG)
Also headquartered in Boston, BCG is a global strategy consulting firm that helps organizations improve their performance and achieve their strategic goals.
- Their consultants collaborate directly with businesses to create solutions that are specifically designed to meet their goals and difficulties.
- BCG is renowned for its exacting analytical methods and dedication to producing quantifiable outcomes.
AI crisis management consultant
- AI crisis management consultants protect enterprises from the possible negative effects of AI-related accidents.
- They create thorough plans for handling crises that are adapted to AI-specific circumstances.
- An AI crisis management consultant will oversee crisis response activities, such as speaking with regulators, the media, and stakeholders.
- They work on post-crisis analysis to pinpoint lessons learned and enhance readiness going forward.
Examples of AI crisis management consultants
Here is an example of a well-known AI crisis management consulting firm and their noteworthy customer.
Ernst & Young (EY)
Global professional services company Ernst & Young (EY) provides crisis management consultancy services along with tax, audit, and advisory services.
- They possess knowledge of the financial services, healthcare, technology, media, and telecommunications industries.
- EY is dedicated to providing top-notch services while upholding the strictest moral principles.
AI risk management consultant
- AI risk management consultants assess risks such as cybersecurity threats, privacy breaches, and unintended effects.
- They create plans to eliminate hazards that have been recognized as risk mitigation.
- An AI risk management consultant will ensure laws, rules, and guidelines are adhered to.
- They create procedures for handling AI-related emergencies.
Examples of AI risk management consultants
Here is an example of a well-known AI risk management consulting firm and their noteworthy customer.
PwC (PricewaterhouseCoopers)
Similar to the other top management consulting firms in this post, PwC also frequently participates in corporate responsibility programs. They emphasize community involvement, diversity, and sustainability.
- PwC uses an international distribution network. They offer clients effective consulting services.
- They offer advisory services in sustainability, technology, and risk management.
What is the salary of an AI consultant?
AI consultant salary or AI consultant hourly rate are based on numerous variables. These include the AI consulting niche, the organization, region, industry expertise, and experience level.
AI consultants frequently fetch lucrative compensation due to the significant demand for their knowledge.
The following broad wage trends will give you a good idea about AI consultant salaries:
- Location – Major tech hubs and cities with a significant AI presence, such Silicon Valley, New York, London, and Beijing, typically have higher AI consulting salaries.
- Experience – Consultants with more experience usually make more money.
- Industry Specialization – AI consultants with a focus on sectors like healthcare, finance, or manufacturing that have strong adoption rates for AI could make more money.
- Company – Artificial intelligence consultant salaries in larger companies tend to be greater than in smaller ones.
- Consulting Firm: Salary packages from reputable consulting firms may be more. For example, Deloitte offers a salary of USD 86,000 as a start
Just for the sake of comparison, the AI consultant salaries in India are at ₹22 lakhs per year (according to Glassdoor)
How to become an AI consultant?
Asking how to be an artificial intelligence consultant? Do you really wanna become one?
The usual tips that Google would give you are,
- Specialize in an AI consulting niche
- Create a book of spells or in this case a nice little portfolio of projects
- Grow your consulting brand with networking
- Constantly evolve with AI learning etc.
But, I have one fantastic sorcerer’s stone that can advance your learning in AI consulting. Do this AI consulting course and turn into a sorcerer (AI consultant) supreme.
Consulting in the age of Generative AI by 10x Consultant – AI Consulting Course
AI consulting courses by 10x Consultant are perfect for you.
You gain abilities needed to be successful in this quickly expanding industry.
Some of the key features of this AI consulting course are,
- We don’t use a one-size-fits-all model for our course. There’s insightful knowledge and useful advice regardless of your experience level.
- You join a visionary AI community, ask questions, and study at your own pace.
- This artificial intelligence consultant course by 10x Consultant is CPD certified. This makes it globally recognized.
- Shen Pandi, an AI specialist who founded two AI-focused firms is the instructor for this course.
- There’s focus on generative AI tools, case studies, and practical consulting ideas.
- Real-world case studies for AI consulting.
Becoming an AI consultant needs a strong direction
I mean every wizard was once an apprentice. To become a top consulting wizard, you’ll need a Prof McGonagall or an Ancient One.
Not so ancient, but the 10x Consultant course delves on the latest and greatest in AI consulting. Enroll for the course, get AI consulting-certified, and then build a profile that top companies can’t ignore.
Now that you know how to become an artificial intelligence consultant, it’s time for me to ‘Evanesco’. See you on the next one.
