Figo AI labs, TBO Integrated services, partner to deploy measurable AI solutions for large-scale enterprises
The partnership combines AI engineering, strategy, and governance to help organizations scale operations with AI, track return-on-investments, and instil safe AI practices within institutions to safeguard assets Figo AI Labs, an AI engineering and research company, and TBO Integrated Services Limited, a business and advisory technology firm, have announced a strategic partnership to design and…
Figo AI Labs, an AI engineering and research firm, has teamed up with TBO Integrated Services Limited, a business and advisory technology provider, to deliver AI solutions that can be measured and provide tangible value for large enterprises. This partnership concentrates on the key challenge faced by organizations globally: converting AI investments into measurable results.
As generative AI, automation, and intelligent systems gain traction, enterprises must now focus on the business impact of these technologies rather than merely experimenting with them. The collaboration brings together Figo AI Labs' AI expertise and TBO Integrated Services Limited's business strategy and governance knowledge to identify high-value business problems, create tailored AI solutions, and facilitate their implementation within intricate enterprise settings.
Uchenna Okpagu, CEO of Figo AI Labs, emphasized that the market is transitioning from the question of 'How do we use AI?' to 'What business impact can we achieve through AI?' He highlighted that many organizations made broad AI investments during the initial boom but now require evidence of these investments generating real results.
The partnership adopts a value-led, problem-centric approach to enterprise AI. Instead of beginning with the technology or a predetermined AI solution, Figo AI Labs and TBO Integrated Services Limited will collaborate with organizations to comprehend their strategic priorities, map the value streams that underpin critical business outcomes, and pinpoint the most significant opportunities for enhancement.
This strategy enables the partnership to decide on the appropriate intervention before identifying the technology. When AI is the appropriate solution, use cases are prioritized based on their potential business value, organizational preparedness, feasibility, and risk before proceeding to design, engineering, and deployment. By integrating this approach with stringent governance and ongoing measurement, the partnership aims to guide organizations from AI adoption to demonstrating tangible improvements in performance, efficiency, and service delivery.
For financial institutions, this may encompass intelligent customer service, automation of repetitive tasks, and tools that assist employees in navigating extensive information volumes more efficiently. For oil and gas companies, AI applications could facilitate operational optimization, data analysis, and more effective administration of intricate workflows.
For government entities and public-sector organizations, potential applications include streamlining administrative processes, enhancing service delivery, and fostering more efficient interactions between institutions and citizens. Dr Temitope Oyeleye, CEO of TBO Integrated Services Limited, stressed the importance of balancing ambition and responsibility in enterprise AI.
He stated that organizations cannot afford to separate innovation from governance, emphasizing the need to incorporate a robust governance framework into AI deployments from the outset to capture the benefits of AI while managing operational, regulatory, and reputational risks. In Africa, where organizations are concurrently focusing on digital transformation, operational efficiency, and competitive advantage, the potential lies in embracing cutting-edge AI technologies and applying them to the most pressing problems.
As Okpagu pointed out, the companies are not in the business of merely deploying AI for the sake of claiming AI adoption. Instead, their goal is to assist organizations in identifying the right problems, building the appropriate solutions, and proving that those solutions yield a difference. For more information, visit https://tboisl.com/ and https://www.figolabs.ai/.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.