AI Strategy for Business: Making Money, Saving Money, and Managing Risk
About this episode
This episode discusses how businesses can leverage AI to enhance profitability, reduce costs, and manage risks.
In this episode of Trading Up, host Jim Fitzpatrick sits down with Gareth Kelly, the partner leading Data and AI for EY in Northern Ireland, to demystify artificial intelligence for modern enterprises. Rather than simply using AI for small productivity bumps, Kelly explains how companies must completely redraw their business processes to stay competitive. The conversation explores how AI can be leveraged to achieve three core objectives: making money, saving money, and managing risk. They explore the critical differences between generative AI and "agentic" AI, alongside practical use cases showing how AI is currently transforming traditional finance departments; empowering enterprise sales teams with AI co-pilots; and cutting costs in procurement. Beyond the technical adoption, Gareth details the necessary ethical guardrails for data security and explains why human creativity and business acumen are more vital than ever. Whether you lead a lean startup or a large PLC, this episode provides a strategic roadmap for navigating the AI revolution. Brought to you in association with EY. The views and opinions expressed by guests on this podcast are their own and do not reflect the…
People in this episode
Host: Jim Fitzpatrick
Guest: Gareth Kelly
Topics covered
- artificial intelligence
- business strategy
- risk management
- cost savings
- generative AI
- enterprise sales
Keywords
- AI strategy
- business processes
- data security
- ethical AI
- finance transformation
Sponsors
EY
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