In this episode of the Technovation podcast, Kristy Folkwein, CIO of Archer Daniels Midland (ADM), shares insights into the company's data journey and its embrace of AI. She explores ADM's extensive data landscape and the steps taken to enhance data quality and integrity. Folkwein highlights how these improvements have unlocked significant value through advanced analytics, particularly in AI and machine learning applications for areas like production scheduling, pricing, and customer relationship management. She advocates for a hands-on approach to AI adoption, focusing on experimentation and strategic investments that demonstrate clear value. The discussion wraps up with a look at the challenges and risks of AI implementation, such as data security and cost management.
