From the course: No-Code AI: Harness the Power of AI without Programming
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Business models for no-code AI
From the course: No-Code AI: Harness the Power of AI without Programming
Business models for no-code AI
- Before you invest in a no-code AI tool it is important to know what will it cost your business. If you have a data scientist, who's going to build an AI model in-house, it'll be hosted on your own servers. And it's a piece of software. If you buy a no-code AI tool from a third party vendor, it is not available as a software, it is hosted on their service. It is your interface to their cloud. So every single time you use it, it is going to cost you money. This is not necessarily bad but it is just a trade off. So there are three different approaches to figure out the right business model for you to pick a no-code AI tool. When you build AI in-house your data scientist would build a model in-house and deploy it as a piece of software in your company servers. So every time your customer runs the AI, it runs from your own servers. Most no-code AI tools are not offered as software that you can buy as a one time…
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