Executives gathered at Cognizant’s flagship European thought leadership conference heard how digital technologies in general and AI in particular are poised to generate significant economic growth.
Stepping into the Digital Future with IoTCognizant
How 14 companies across industries are demonstrating the reality of IoT-at-scale and generating actionable intelligence to fuel higher levels of efficiency, innovation and new business models.
Cognizant Community 2016: Mastering Digital: How to Navigate the Shift to the...Cognizant
For more than a decade, this unique event has provided busy executives with an opportunity to exchange ideas and insights both with each other and with acclaimed subject matter experts on the panoply of topics critical to advancing their business objectives today — and tomorrow.
Report 3 the fourth industrial revolution - things to tighten the link betwe...Rick Bouter
This report was all about the fourth stage of the Industrial Revolution made possible by the far-reaching integration of Operational Technology (OT) and Information Technology (IT). The IT/OT convergence and the end-to-end ecosystems that are under development – from design and production to client interaction and advanced Maintenance, Repair & Overhaul (MRO) – enable a future in which appliances, devices, things and machines for professionals and private people will communicate with central systems, with one another, and with users for the purpose of providing the best possible facilities to makers, service providers, legislators and customers.
Source, Sogeti ViNT: http://vint.sogeti.com/internet-things-4-reports/
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Full IoT value cannot be realized by connecting a few devices. Organizations need to get beyond instrumentation, and focus on the impact these technologies can have on their business strategies, which will require leadership, vision and partnership.
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Cognizant Community 2016: Mastering Digital: How to Navigate the Shift to the...Cognizant
For more than a decade, this unique event has provided busy executives with an opportunity to exchange ideas and insights both with each other and with acclaimed subject matter experts on the panoply of topics critical to advancing their business objectives today — and tomorrow.
Report 3 the fourth industrial revolution - things to tighten the link betwe...Rick Bouter
This report was all about the fourth stage of the Industrial Revolution made possible by the far-reaching integration of Operational Technology (OT) and Information Technology (IT). The IT/OT convergence and the end-to-end ecosystems that are under development – from design and production to client interaction and advanced Maintenance, Repair & Overhaul (MRO) – enable a future in which appliances, devices, things and machines for professionals and private people will communicate with central systems, with one another, and with users for the purpose of providing the best possible facilities to makers, service providers, legislators and customers.
Source, Sogeti ViNT: http://vint.sogeti.com/internet-things-4-reports/
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Full IoT value cannot be realized by connecting a few devices. Organizations need to get beyond instrumentation, and focus on the impact these technologies can have on their business strategies, which will require leadership, vision and partnership.
Realising Digital’s Full Potential in the Value ChainCognizant
When we spoke with executives across Europe who lead digitising efforts, they described a diverse range of deployments, but digital can, and must, deliver far more than it has so far. In this ebook, we explore how businesses can explore digital's full potential across their value chain.
Creating the Intelligence Driven Digital Enterprise Accenture
“Artificial Intelligence, Automation and Cognitive Enterprise are no Longer a Tech Dreamer’s Imagination” Keynote Presentation on the impact of AI and Robotics on businesses and society
2020 Tehnology Mega Trends - Nov. 2019 I Nouamane CherkaouiNouamane Cherkaoui
The 4th industrial revolution is certainly technological. Here are the 10 most striking trends that we will have to prepare for in 2020, CIOs and Business Lines.
Gartner and Forrester are aligned with these trends. But let's not forget the human factor, the relationship, the interest of the client and the support of our employees. We could also add the 5G network, autonomous driving or predictive medicine, but I will come back in detail on these technologies later this year.
How smart connected products are transforming competitionRohit Kulkarni
1. INTRODUCTION TO SMART, CONNECTED PRODUCTS
2. DRIVERS FOR THE ADVENT OF SMART DEVICES
3. REDIFINING INDUSTRY BOUNDARIES AND COMPETITION
4. IoT TO IOT
5. STRATEGY FOR SUSTAINABLE COMPETITIVE ADVANTAGE
In prior research, we showcased how digital leaders are using investments in digital technologies to transform key capabilities across customer experience and operations. However, in today’s volatile and disrupted world, capability leadership is not enough. As well as having the capabilities in place, organizations need to be nimble and flexible – dexterous – if they are to respond to ever-changing technology advances, emerging competitive disruptions, and changing customer needs. Enterprises that excel in both qualities – capability and dexterity – are digital organizations. This ‘digital elite’ reported that they outperformed their competitors on multiple key performance indicators including profitability, customer satisfaction, innovativeness and growth.
Driving change, leading with the SAP®ecosystemaccenture
Accenture’s 2021 Technology Vision for SAP Solutions explores five technology trends that enable SAP customers to chart a path to future growth. https://accntu.re/3vIvYoQ
The Digital Transformation Symphony: When IT and Business Play in SyncCapgemini
Digital Masters, such as Starbucks, that leverage digital technologies effectively, differentiate themselves from their peers by consciously striving to build a close relationship between IT and the business. However, Digital Masters are exceptions. The IT-business relationship in most organizations is often a fractious relationship rather than a marriage of equals. Business teams often find the IT department’s high costs and long implementation timelines unacceptable. In addition, IT leaders are often faulted for not speaking the language of business. Leading CIOs take this disconnect head on and try and fix it. Our research shows that leading CIOs take three key actions to align the IT department with the needs of the business: 1. redesign the IT department to unlock digital innovation; 2. create strong digital platforms; 3. rationalize IT Infrastructure to fund digital initiatives. We explore each of these actions in this research paper.
Accenture's Technology Vision 2021 details emerging technology trends that will help companies get back on track & build their future post COVID-19. Read more.
Going Digital: General Electric and its Digital TransformationCapgemini
How can a company that is over a century old transform itself to thrive in a digital economy?
For GE, responding to change is part of its modus operandi. This is a company that has famously made change a core capability and a constant in its history. For over 120 years, GE has ploughed forward under a banner of “Building, powering, moving and curing the world. Not just imagining. Doing.” This constant focus on innovation and transformation has made the company the only one to still remain in the Dow Jones Industrial Index since the original index was established in 1896.
GE is betting big on software and analytics to bring about its transformation, with Jeff Immelt stating: “I took over an industrial company, now it will be known as an analytics company”. GE’s focus on data analytics was clear back in 2012 when it set aside up to $1.5 billion for small take-overs to boost its presence in analytics. GE currently monitors and analyzes 50 million data elements from 10 million sensors on $1 trillion of managed assets daily to move customers toward zero unplanned downtime.
GE’s digital transformation is not the result of being in the right place at the right time. Instead, it is the result of a structured approach that involved a strong top-down digital vision, capability development, achieving all-round buy-in and a constant focus on innovation.
While many digital natives, from FaceBook to Uber, continue to take much of the limelight, this 120-year-old giant of the corporate world shows that digital agility is not just confined to the new Millennial corporates.
- Learn to understand what knowledge graphs are for
- Understand the structure of knowledge graphs (and how it relates to taxonomies and ontologies)
- Understand how knowledge graphs can be created using manual, semi-automatic, and fully automatic methods.
- Understand knowledge graphs as a basis for data integration in companies
- Understand knowledge graphs as tools for data governance and data quality management
- Implement and further develop knowledge graphs in companies
- Query and visualize knowledge graphs (including SPARQL and SHACL crash course)
- Use knowledge graphs and machine learning to enable information retrieval, text mining and document classification with the highest precision
- Develop digital assistants and question and answer systems based on semantic knowledge graphs
- Understand how knowledge graphs can be combined with text mining and machine learning techniques
- Apply knowledge graphs in practice: Case studies and demo applications
Realising Digital’s Full Potential in the Value ChainCognizant
When we spoke with executives across Europe who lead digitising efforts, they described a diverse range of deployments, but digital can, and must, deliver far more than it has so far. In this ebook, we explore how businesses can explore digital's full potential across their value chain.
Creating the Intelligence Driven Digital Enterprise Accenture
“Artificial Intelligence, Automation and Cognitive Enterprise are no Longer a Tech Dreamer’s Imagination” Keynote Presentation on the impact of AI and Robotics on businesses and society
2020 Tehnology Mega Trends - Nov. 2019 I Nouamane CherkaouiNouamane Cherkaoui
The 4th industrial revolution is certainly technological. Here are the 10 most striking trends that we will have to prepare for in 2020, CIOs and Business Lines.
Gartner and Forrester are aligned with these trends. But let's not forget the human factor, the relationship, the interest of the client and the support of our employees. We could also add the 5G network, autonomous driving or predictive medicine, but I will come back in detail on these technologies later this year.
How smart connected products are transforming competitionRohit Kulkarni
1. INTRODUCTION TO SMART, CONNECTED PRODUCTS
2. DRIVERS FOR THE ADVENT OF SMART DEVICES
3. REDIFINING INDUSTRY BOUNDARIES AND COMPETITION
4. IoT TO IOT
5. STRATEGY FOR SUSTAINABLE COMPETITIVE ADVANTAGE
In prior research, we showcased how digital leaders are using investments in digital technologies to transform key capabilities across customer experience and operations. However, in today’s volatile and disrupted world, capability leadership is not enough. As well as having the capabilities in place, organizations need to be nimble and flexible – dexterous – if they are to respond to ever-changing technology advances, emerging competitive disruptions, and changing customer needs. Enterprises that excel in both qualities – capability and dexterity – are digital organizations. This ‘digital elite’ reported that they outperformed their competitors on multiple key performance indicators including profitability, customer satisfaction, innovativeness and growth.
Driving change, leading with the SAP®ecosystemaccenture
Accenture’s 2021 Technology Vision for SAP Solutions explores five technology trends that enable SAP customers to chart a path to future growth. https://accntu.re/3vIvYoQ
The Digital Transformation Symphony: When IT and Business Play in SyncCapgemini
Digital Masters, such as Starbucks, that leverage digital technologies effectively, differentiate themselves from their peers by consciously striving to build a close relationship between IT and the business. However, Digital Masters are exceptions. The IT-business relationship in most organizations is often a fractious relationship rather than a marriage of equals. Business teams often find the IT department’s high costs and long implementation timelines unacceptable. In addition, IT leaders are often faulted for not speaking the language of business. Leading CIOs take this disconnect head on and try and fix it. Our research shows that leading CIOs take three key actions to align the IT department with the needs of the business: 1. redesign the IT department to unlock digital innovation; 2. create strong digital platforms; 3. rationalize IT Infrastructure to fund digital initiatives. We explore each of these actions in this research paper.
Accenture's Technology Vision 2021 details emerging technology trends that will help companies get back on track & build their future post COVID-19. Read more.
Going Digital: General Electric and its Digital TransformationCapgemini
How can a company that is over a century old transform itself to thrive in a digital economy?
For GE, responding to change is part of its modus operandi. This is a company that has famously made change a core capability and a constant in its history. For over 120 years, GE has ploughed forward under a banner of “Building, powering, moving and curing the world. Not just imagining. Doing.” This constant focus on innovation and transformation has made the company the only one to still remain in the Dow Jones Industrial Index since the original index was established in 1896.
GE is betting big on software and analytics to bring about its transformation, with Jeff Immelt stating: “I took over an industrial company, now it will be known as an analytics company”. GE’s focus on data analytics was clear back in 2012 when it set aside up to $1.5 billion for small take-overs to boost its presence in analytics. GE currently monitors and analyzes 50 million data elements from 10 million sensors on $1 trillion of managed assets daily to move customers toward zero unplanned downtime.
GE’s digital transformation is not the result of being in the right place at the right time. Instead, it is the result of a structured approach that involved a strong top-down digital vision, capability development, achieving all-round buy-in and a constant focus on innovation.
While many digital natives, from FaceBook to Uber, continue to take much of the limelight, this 120-year-old giant of the corporate world shows that digital agility is not just confined to the new Millennial corporates.
- Learn to understand what knowledge graphs are for
- Understand the structure of knowledge graphs (and how it relates to taxonomies and ontologies)
- Understand how knowledge graphs can be created using manual, semi-automatic, and fully automatic methods.
- Understand knowledge graphs as a basis for data integration in companies
- Understand knowledge graphs as tools for data governance and data quality management
- Implement and further develop knowledge graphs in companies
- Query and visualize knowledge graphs (including SPARQL and SHACL crash course)
- Use knowledge graphs and machine learning to enable information retrieval, text mining and document classification with the highest precision
- Develop digital assistants and question and answer systems based on semantic knowledge graphs
- Understand how knowledge graphs can be combined with text mining and machine learning techniques
- Apply knowledge graphs in practice: Case studies and demo applications
The fourth stage of the Industrial Revolution is upon us due to the far-reaching integration, accelerated by the Internet of Things, of Operational Technology (OT) and Information Technology (IT). This creates completely new opportunities as a result of new combinations of mental, physical and mechanical work by integrating the internet, sensors and embedded systems.
The Internet of Things enabled IT/OT convergence leads to cost reduction as a consequence of predictive maintenance, speed and intelligence, thanks to Machine-to-Machine communication and improved forms of Human-Machine Interaction. M2M interaction between and within machines and systems is the cyber-physical heart of the Fourth Industrial Revolution.
“ Artificial intelligence and Big Data are two burgeoning technologies, full of promise for businesses in all industries. However, the real revolutionary potential of these two technologies is probably their convergence. Discover the possibilities offered by the alliance between Big Data and AI. “
source : www.lebigdata.fr
Digital Insights for SDG oriented Development organizations - Debrief from We...Pooja Munshi
What does the digital landscape look like for development organizations that focus on the Sustainable Development Goals? What are the digital trends and insights they can take advantage of to get ahead and achieve their communication mandates?
By 2020, 50 billion devices will be connected to the internet, creating $19 trillion of economic value. in this world of digital newcomers toppling traditional giants, it’s time to disrupt or risk being disrupted
2018 was a big year for innovation in emerging technologies and the trend will continue in 2019 with lots of exciting opportunities looking forward for us to grow tremendously. Let us look into technologies that will shake the market up.
The C-Suite Playbook on Artificial Intelligence Justin Flitter
Curated by NewZealand.ai with IBM, Clearpoint, AUT, Hudson Gavin Martin and the AI Forum of NZ to help leaders create AI capable organisations, empowered to leverage this evolving technology.
How can business professionals succeed in a future with AISemir Jahic
This is the slide deck of a talk given at UCL (University College London) in December 2017. The aim of the talk is to give a very simple overview of AI and its potential future impact on business professionals with a non-technical background.
Sources
Oxford Future of Employment Study (2013), https://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf
Andrew Ng, https://www.oreilly.com/ideas/ai-is-the-new-electricity
Simple examples, https://medium.com/simple-ai/linear-regression-intro-to-machine-learning-6-6e320dbdaf06
Gartner Hype Cycle, https://www.gartner.com/newsroom/id/3784363
AI technology image, https://trailhead.salesforce.com/modules/ai_basics/units/ai_basics_getstarted
AI startup investments, https://www.cbinsights.com/research/top-acquirers-ai-startups-ma-timeline/
FT Investment in AI, https://www.ft.com/content/856753d6-8d31-11e7-a352-e46f43c5825d
UK Government Report on AI, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/652097/Growing_the_artificial_intelligence_industry_in_the_UK.pdf
McKinsey AI report, https://www.mckinsey.com/mgi/overview
Economist catalogue of fears, https://www.economist.com/news/special-report/21700758-will-smarter-machines-cause-mass-unemployment-automation-and-anxiety
McKinsey job replacement, https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet
HBR - How to spot an AI opportunity, https://hbr.org/2017/10/how-to-spot-a-machine-learning-opportunity-even-if-you-arent-a-data-scientist
Wired Big Data Meets Big Brother, http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion
Image Sources
https://upload.wikimedia.org/wikipedia/commons/thumb/f/f6/HAL9000.svg/1200px-HAL9000.svg.png
https://s3media.247sports.com/Uploads/Assets/342/613/5613342.jpg
http://vignette2.wikia.nocookie.net/powerlisting/images/b/bd/Neo_The_One.jpg/revision/latest?cb=20131018055648
https://d15shllkswkct0.cloudfront.net/wp-content/blogs.dir/1/files/2013/12/robot_army.jpg
https://en.oxforddictionaries.com/definition/artificial_intelligence
https://fortunedotcom.files.wordpress.com/2016/03/492682174.jpg
https://galaxyis.com/wp-content/uploads/2017/07/Siri-app.jpg
http://s3files.core77.com/blog/images/549466_81_58982_URtPCkWCG.jpg
https://upload.wikimedia.org/wikipedia/en/2/2a/RegVarneyATM.jpg
http://2.bp.blogspot.com/-KKVISRr3LDc/UTdWQ_fNefI/AAAAAAAAQrE/cgLzhYENj6w/s1600/Harold+Blackman%252C+elevator+operator+Baker+Bldg%252C+1913.JPG
Various images from: https://unsplash.com/
Information Technology Is Now Being Reshaped By Many Advance Technologies Rapidly Growing In The Market. Starting From Small Pin To Huge Machines These Innovative technical Trends Are Being Used Daily.
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Cognizant Community Europe 2017: Mastering Digital: Navigating the Shift to the Digital Business Era
1. Cognizant
Community
Europe 2017
Mastering Digital: Navigating the Shift
to the Digital Business Era
Executives gathered at Cognizant’s flagship European
thought leadership conference heard how digital
technologies in general and AI in particular
are poised to generate significant
economic growth.
2. What chapter will your organization
contribute to digital mastery, the great
story of our time?
That was the question tackled by
Cognizant Community Europe 2017.
Senior executives from leading companies
throughout the UK and Europe gathered
in London to hear globally recognized
luminaries explain how organizations
can write their futures with artificial
intelligence (AI), automation, robots and
digital capabilities.
The clear message: digital is ready to deliver new solutions.
Social, mobile, analytics and cloud, the IoT, and advances in
artificial intelligence and automation are all accelerating, said
Raj Mehta, Cognizant’s President. Large, established businesses
can use these tools to augment their existing strengths, from
client relationships to market expertise. Organizations can
create their own hybrid digital-traditional business models
rather than slavishly imitate digital natives. The time for
digitally-driven innovation at scale is now, he concluded.
“The exponential impact of all
these technologies across the value
chain … is where possibilities are
endless.”
– Raj Mehta, President, Cognizant
3. The gathered executives explored
how technology has caught up with
the idea of AI.
“We think nothing will matter more than your relationship with
AI and what you do with it over the next five to ten years,”
said Malcolm Frank, EVP, Marketing & Strategy, Cognizant. AI
is key to the new machine, a “system of intelligence” driven
by software that learns and is fueled by endless rivers of data.
These systems are getting smarter, driving down costs and
improving services. They will enable organizations to focus
on “big things,” creating new ways of delivering healthcare,
education, public services, etc. Companies that master these
new machines will deliver new experiences at a lightening pace.
Raffaello D’Andrea, Professor of Dynamic Systems and Control at the Swiss Federal Institute
of Technology, demonstrated in real time how algorithms help machines learn.
Navigating the Digital Shift —
Learnings from Cognizant Community Europe 2017
PLAY VIDEO
4. “This is officially a very
special time to be alive.”
– Tim Urban, Creator, Wait But Why
Writer Tim Urban detailed the speed with
which systems of intelligence have
emerged — and continue to advance.
Humanity has lived in a fairly primitive world for nearly 99.8%
of its existence. Much of the technology we take for granted,
from steam engines to the Internet, emerged during the last 200
years. AI’s impact, for instance, will accelerate exponentially at
a rate that will make our own futures as unrecognizable to us as
today’s world would be to George III if he were swept forward
in time.
Source: Tim Urban, WaitButWhy.com
5. “With AI, automation,
bots, big data and people,
there are no stop signs
ahead. When machines
do everything, there will
still be a lot to do. So we
should all just get on
with it.”
– Malcolm Frank, EVP, Marketing &
Strategy, Cognizant
If there is a disruptive digital force,
it is AI.
Yet where 90% of the AI conversation focuses on job
losses, those discussions should shift to how AI will enhance
productivity and enable the creation of new industries and
vocations, Cognizant’s Frank declared. With powerful “new
machines,” great things will happen. New jobs will replace those
lost to automation, while many more will be enhanced, as AI
augments and extends the human strengths of creativity and
imagination. A historical case in point is the “Budding Effect.”
Inventor Edwin Budding’s lawnmower so efficiently manicured
greens that it eventually gave rise to the multi-billion dollar
modern sports industry. Looking forward, it’s “an absolutely
stunning lack of imagination to think these technology advances
and AI platforms are not going to lead to new wide-scale
Budding Effects,” Frank noted.
6. “Every single time there has been
a technological transformation,
labor markets have gotten bigger,
not smaller.”
– Mark Blyth, Political Economist, Watson Institute,
Brown University
In his energetic presentation on how populism and
economics are intertwined, political economist Mark Blyth
asserted technology is poised to help lead productivity
and thus growth.
He debunked the “lump of labor” fallacy that asserts there’s a finite amount of work to automate.
Instead, Blyth said, as technology advances “there’s more work to be done by virtue of the fact
that technology has changed what it’s possible to do.”
7. “Trust is a confident relationship to the unknown.
Technology can be very good at reducing the unknown.”
– Rachel Botsman, Global Authority on Trust
Steve Wright, Data Privacy
and Information Security
Officer, John Lewis
Partnership, discussed how
compliance with the EU’s
General Data Protection
Regulation will help the UK
retailer strengthen customer
relationships and create
better experiences.
Protecting and securing
personal data and privacy is
critical to building strong
customer relationships as
data fuels systems of
intelligence that anticipate
needs. Author/consultant
Rachel Botsman explained
how trust paradigms are
shifting from institutional to
distributed, peer-to-peer
models.
Deutsche Telekom’s Christian
von Reventlow revealed how
the telecom giant studies
customers to understand what
experiences they will want,
how they will curate their data
sharing and how it must adapt
its business models to thrive
in a future where free
connectivity is the rule.
“I strongly believe technology will build a great future.”
– Dr. Christian von Reventlow, Chief Product &
Innovation Officer, Deutsche Telekom AG
8. “No one wants change
forced on them. But – if
the context is changing,
you can do different
things. You embrace
change.”
– Rudi Peeters, CIO, KBC Group
Capitalizing on digital’s possibilities will
require businesses to disrupt themselves.
In the digital world, IT is part of the business, noted Rudi
Peeters, CIO at KBC Group, a European integrated bank-insurer.
Exhibit A is KBC’s “branch of the future,” where KBC business
leaders experience the capabilities of new technology. Then
“they start thinking about opportunities,” Peeters said. To glean
ideas from digital natives, he has his IT professionals share
workspace with start-ups that occupy the fintech incubator KBC
operates. These professionals return to the IT organization,
questioning established practices. As Peeters put it, “… if you
want to learn something new, you won’t learn it from inside the
company. You will only learn it outside the company.”
9. “It’s precisely because it has never
been done that you have to try.
Otherwise it will always remain
undone. It will always remain
impossible.”
– Bertrand Piccard, explorer and pilot, Solar Impulse
To Swiss psychiatrist, pilot and balloonist
Bertrand Piccard, “every problem
becomes a new way of learning, not
an obstacle.”
When airframe manufacturers said no one could build an air-
craft to his specs, Bertrand and his team turned to a shipbuilder
to create the Solar Impulse, which went on to make a record-
breaking solar-powered flight around the globe. “I had to find
someone who didn’t know it was impossible,” he said.
Multidisciplinary networks and partnerships are critical for
gaining new perspectives and ideas that will enable organizations
to envision new digital possibilities and business outcomes.
10. • Automate everything you can.
• Instrument everything you can.
• Enhance every person you can.
• Drive the price point of products and
services as low as you can.
• Discover and invent all of the possible
futures you can.
Getting AHEAD*
will require
organizations of all sizes and
shapes to embrace the following:
* See the AHEAD Model on page 191 in What to Do When Machines Do Everything:
How to Get Ahead in a World of AI, Algorithms, Bots, and Big Data, by Malcolm Frank,
Paul Roehrig, and Ben Pring, John Wiley & Sons, Inc.