Deriving actual business value from AI initiatives remains elusive for many organizations. To address this challenge, Austin.AI, Capital Factory, Voltage Control, and KUNGFU.AI co-hosted a workshop in Austin on September 7, 2018, that focused on building and implementing successful AI strategies. Anaconda CTO Peter Wang was invited to share his perspectives on how an organization can harness the potential of AI, as well as the various pitfalls to avoid.