Challenge
The state bank faced the challenge of developing a well-founded and sustainable AI strategy that addressed both short-term and long-term goals. It was necessary to evaluate the current state of AI usage and, based on that, define a clear vision and concrete actions for the future. Additionally, the strategy needed to comply with current regulatory requirements and offer a flexible technical setup.
Approach
statworx was commissioned to develop the AI strategy for the state bank. The approach included several steps:
- Status quo Assessment: First, we analyzed the current state of AI usage within the state bank in detail.
- Target Image Development: Based on identified use cases, we developed a suitable target image that considered future requirements and possibilities of AI usage.
- Action Definition: Based on this, concrete actions in various areas were derived.
- Roadmap Creation: Finally, we transferred the actions into a comprehensive roadmap and prepared it for presentation to the management board.
Results
Through collaboration with statworx, the state bank was able to develop a comprehensive and forward-looking AI strategy. The key results were:
- A prioritized use-case backlog that includes feasibility assessment and a roadmap for the next 12 months, including quick wins.
- Definition of the organizational structure and team setup, including role profiles and the number of full-time equivalents (FTE).
- Development of processes and templates, such as AI lifecycle management, regulatory requirements (EU AI Act), make-vs-buy decisions, and monitoring.
- Definition of a technical setup and architecture for AI.
- Creation of an action catalog, roadmap, and business case that balances bottom-up net benefit against top-down costs.