Artificial intelligence: Driving future growth in Singapore- AccentureAccenture ASEAN
Businesses that successfully apply artificial intelligence (AI) could create up to US$215 billion in gross value added (GVA) in Singapore by 2035. Business services, financial services, and manufacturing look set to benefit the most out of the 11 industries studied in Singapore.
To capitalise on the opportunity, the report Artificial Intelligence: Driving Future Growth in Singapore identifies eight key strategies for successfully implementing AI that focus on adopting a human-centric approach and taking bold and responsible steps to applying the technology within businesses and organisations.
Intelligent Automation - The Evolution of Automated Business ProcessesSwiss Post Solutions
This brochure provides an overview of Intelligent Automation, the use if Robotics and Artificial Intelligence, to automate and optimize end-to-end business processes.
Gender Pay Parity Prototype for the 'Gig' Economy - Accenture LabsAccenture Technology
The Accenture Labs’ Gender Pay Parity Prototype provides a set of services that work together to promote fairness during the hiring process.
It is designed to extend any online talent sourcing platform with functionality to promote equitable pay and hiring processes.
Read our news release: https://newsroom.accenture.com/news/accenture-demonstrates-technology-prototype-to-promote-gender-pay-parity-at-the-white-house.htm
Malaysian corporates could become irrelevant in the blink of an eye if they do not react quickly to changes in the digital economy.
Find out how Malaysia can be a nation of disruptors instead of disrupted.
Artificial Intelligence is rapidly coming of age, as business leaders increasingly grasp the immense potential of "smart" machines and other innovations as catalysts for greater efficiency and competitiveness. Discover more at www.accenture.com/AItechnology
Artificial intelligence: Driving future growth in Singapore- AccentureAccenture ASEAN
Businesses that successfully apply artificial intelligence (AI) could create up to US$215 billion in gross value added (GVA) in Singapore by 2035. Business services, financial services, and manufacturing look set to benefit the most out of the 11 industries studied in Singapore.
To capitalise on the opportunity, the report Artificial Intelligence: Driving Future Growth in Singapore identifies eight key strategies for successfully implementing AI that focus on adopting a human-centric approach and taking bold and responsible steps to applying the technology within businesses and organisations.
Intelligent Automation - The Evolution of Automated Business ProcessesSwiss Post Solutions
This brochure provides an overview of Intelligent Automation, the use if Robotics and Artificial Intelligence, to automate and optimize end-to-end business processes.
Gender Pay Parity Prototype for the 'Gig' Economy - Accenture LabsAccenture Technology
The Accenture Labs’ Gender Pay Parity Prototype provides a set of services that work together to promote fairness during the hiring process.
It is designed to extend any online talent sourcing platform with functionality to promote equitable pay and hiring processes.
Read our news release: https://newsroom.accenture.com/news/accenture-demonstrates-technology-prototype-to-promote-gender-pay-parity-at-the-white-house.htm
Malaysian corporates could become irrelevant in the blink of an eye if they do not react quickly to changes in the digital economy.
Find out how Malaysia can be a nation of disruptors instead of disrupted.
Artificial Intelligence is rapidly coming of age, as business leaders increasingly grasp the immense potential of "smart" machines and other innovations as catalysts for greater efficiency and competitiveness. Discover more at www.accenture.com/AItechnology
The digital revolution is coming to procurement. While many businesses have embraced eProcurement systems and cloud-based tools, digital procurement demands more than that. Is your business ready? Learn three considerations before you move forward.
Companies are blurring the line between business and personal—blazing a new trail for future growth. Accenture outlines five critical tech trends, from artificial intelligence, extended reality to data veracity and explains how Oracle can help enterprises embrace them.
Discover how SAP solutions and technologies support four key trends, helping businesses rebuild and rebound for the future.
accenture.com/techvisionforSAP
The Value Game-Changer: Digital Performance in The Post and Parcel Industryaccenture
Returns on digital investments are hard to quantify. To help companies better understand the interplay between digital and financial performance, Accenture created the Digital Performance Index, based on a study of more than 1,300 companies in eight industries.
Technology and communications companies have an unprecedented chance to seize the IoT moment. If they place the right bets, the payoff will be enormous. If they stumble, they will likely lose millions to competitors who made wiser strategic choices.
Understandably, many technology and communications companies are looking to develop IoT platforms. That’s probably not the smartest play. The greatest opportunity may lie in developing the software and analytics capabilities in those parts of the information chain they have already mastered. By building on their strengths, they can zero in on winnable—and lucrative—pockets of value.
Neel Banerjee of Urban Airship and Gene Ehrbar of ISITE Design discuss strategy and tips for making digital disruption a part of business large and small.
Budgetary constraints and other external factors have forced government back-office functions to focus limited resources on transactional and compliance obligations. See how to shift the focus of back-office functions and innovate to shape better results.
Automation, analytics and talent are driving greater value in today’s BPO. In this year’s High Performance BPO Report, we examine what the leaders are doing to drive greater value from their BPO relationships.
Accenture makes major investments in IT automation capabilities to advance to more intelligent and touch less IT operations, and business efficiency. Read more.
The Tech Vision 2015 maps out five key IT trends: The Internet of Me, Outcome Economy, Platform (R)evolution, Intelligent Enterprise and Workforce Reimagined. How to sum it all up? It’s not just about you - or me, or anyone else in particular. It’s about all of us - The “We” Economy. http://www.accenture.com/technologyvision
Disruptions in supply chains during the pandemic meant procurement leaders needed to be more innovative
identifying and contracting with approved, sustainable
and reliable suppliers.
How to Reinvest to Reinvent: The Case for Intelligent Source to PayAccenture Operations
Transforming the source to pay process is the key to ensuring the continued success of you and your team. And it forges the growth filled digital path ahead for your company.
With intelligent source to pay, CFOs can uncover the value needed for growth.
How to set up an artificial intelligence center of excellence in your organiz...Yogesh Malik
Setting up a COE ( Center of Excellence ) for AI ( Artificial Intelligence ) could be a daunting task. Lack of skills and quality data sets could hold you back. But still you should not wait any longer and start with what you have, build skills by training people, and move ahead in gettering executive approval for building an artificial intelligence center of excellence
AI Readiness: Five Areas Business Must Prepare for Success in Artificial Inte...Kaleido Insights
This research report from technology research firm, Kaleido Insights introduces a framework for organizational preparedness—not only of data and infrastructure, but of people, ethical, strategic and practical considerations needed to deploy effective and sustainable machine and deep learning programs. This research is the first to market to articulate the need for readiness beyond data and data science talent. Based on extensive research and interviews of more than 25 businesses involved in AI deployments, the report identifies and examines five fundamental areas businesses must prepare for sustainable AI. Download the full report: https://www.kaleidoinsights.com/order-reports/artificial-intelligence-ai-readiness/
The digital revolution is coming to procurement. While many businesses have embraced eProcurement systems and cloud-based tools, digital procurement demands more than that. Is your business ready? Learn three considerations before you move forward.
Companies are blurring the line between business and personal—blazing a new trail for future growth. Accenture outlines five critical tech trends, from artificial intelligence, extended reality to data veracity and explains how Oracle can help enterprises embrace them.
Discover how SAP solutions and technologies support four key trends, helping businesses rebuild and rebound for the future.
accenture.com/techvisionforSAP
The Value Game-Changer: Digital Performance in The Post and Parcel Industryaccenture
Returns on digital investments are hard to quantify. To help companies better understand the interplay between digital and financial performance, Accenture created the Digital Performance Index, based on a study of more than 1,300 companies in eight industries.
Technology and communications companies have an unprecedented chance to seize the IoT moment. If they place the right bets, the payoff will be enormous. If they stumble, they will likely lose millions to competitors who made wiser strategic choices.
Understandably, many technology and communications companies are looking to develop IoT platforms. That’s probably not the smartest play. The greatest opportunity may lie in developing the software and analytics capabilities in those parts of the information chain they have already mastered. By building on their strengths, they can zero in on winnable—and lucrative—pockets of value.
Neel Banerjee of Urban Airship and Gene Ehrbar of ISITE Design discuss strategy and tips for making digital disruption a part of business large and small.
Budgetary constraints and other external factors have forced government back-office functions to focus limited resources on transactional and compliance obligations. See how to shift the focus of back-office functions and innovate to shape better results.
Automation, analytics and talent are driving greater value in today’s BPO. In this year’s High Performance BPO Report, we examine what the leaders are doing to drive greater value from their BPO relationships.
Accenture makes major investments in IT automation capabilities to advance to more intelligent and touch less IT operations, and business efficiency. Read more.
The Tech Vision 2015 maps out five key IT trends: The Internet of Me, Outcome Economy, Platform (R)evolution, Intelligent Enterprise and Workforce Reimagined. How to sum it all up? It’s not just about you - or me, or anyone else in particular. It’s about all of us - The “We” Economy. http://www.accenture.com/technologyvision
Disruptions in supply chains during the pandemic meant procurement leaders needed to be more innovative
identifying and contracting with approved, sustainable
and reliable suppliers.
How to Reinvest to Reinvent: The Case for Intelligent Source to PayAccenture Operations
Transforming the source to pay process is the key to ensuring the continued success of you and your team. And it forges the growth filled digital path ahead for your company.
With intelligent source to pay, CFOs can uncover the value needed for growth.
How to set up an artificial intelligence center of excellence in your organiz...Yogesh Malik
Setting up a COE ( Center of Excellence ) for AI ( Artificial Intelligence ) could be a daunting task. Lack of skills and quality data sets could hold you back. But still you should not wait any longer and start with what you have, build skills by training people, and move ahead in gettering executive approval for building an artificial intelligence center of excellence
AI Readiness: Five Areas Business Must Prepare for Success in Artificial Inte...Kaleido Insights
This research report from technology research firm, Kaleido Insights introduces a framework for organizational preparedness—not only of data and infrastructure, but of people, ethical, strategic and practical considerations needed to deploy effective and sustainable machine and deep learning programs. This research is the first to market to articulate the need for readiness beyond data and data science talent. Based on extensive research and interviews of more than 25 businesses involved in AI deployments, the report identifies and examines five fundamental areas businesses must prepare for sustainable AI. Download the full report: https://www.kaleidoinsights.com/order-reports/artificial-intelligence-ai-readiness/
Incorporating artificial intelligence into your business systems and processes is a journey unlike any other digital technology implementation. Here is a five-step process for navigating it successfully.
How Can Businesses Adopt AI Technology to Achieve Their GoalsKavika Roy
https://www.datatobiz.com/blog/businesses-adopt-ai-technology/
Artificial intelligence is a dynamic force that keeps the industry moving forward to conquer more technologies. From manufacturing to hospitality to retail and aerospace, AI is being adopted by several organizations across all industries. The global AI market is worth $327.5 billion in 2021.
However, businesses are still in varying stages of adopting AI in their enterprises. While the top companies have added AI technology as an integral part of their systems, SMEs still use AI to develop pilot projects for certain departments like sales, marketing, etc.
A Guide on How AI Contributes to Businesses in Today’s Era to Watch in 2023.Techugo
Artificial Intelligence and Machine Learning have become the main focus of the scene. Artificial intelligence can be used for a wide variety of uses in business, including streamlining processes and aggregating the performance of companies. Researchers are still determining what AI will mean for businesses shortly. AI is predicted to shift technological advancement away from the traditional two-dimensional screen and towards the three-dimensional physical space surrounding the person.
Although the acceptance by society in general for AI does not mean anything new. The idea itself isn’t. Artificial intelligence is a broad field of business application. Indeed, most of us interact with AI in some way or another. Artificial Intelligence is changing all aspects of business across every industry. To know more, visit the post.
AI STRATEGY CONSULTING: STEERING BUSINESSES TOWARD AI-ENABLED TRANSFORMATIONChristopherTHyatt
Unlock the potential of AI with LeewayHertz's AI strategy consulting. Our seasoned experts offer tailored solutions to drive business growth and innovation. From initial assessment to execution and optimization, we guide clients through every stage of AI implementation. With deep industry expertise, we empower organizations to harness the power of artificial intelligence for sustainable success.
AI solutions are the most important component of the digital transformation of many companies. AI Startups are racing ahead to address the needs of industries. In this paper, we present the broad strategies AI startups can employ to be successful.
Artificial Intelligence (AI) is a transformative technological paradigm that empowers machines to
simulate human-like cognitive functions. At its core, AI aims to equip machines with the ability to
learn, reason, and make decisions independently, mirroring human intelligence.
The Power of Artificial Intelligence Technology in Modern BusinessPriyadarshiniPD3
Artificial Intelligence revolutionizes modern business by enhancing efficiency, automating tasks, providing data-driven insights, and personalizing customer experiences, leading to significant competitive advantages.
Artificial Intelligence: Competitive Edge for Business Solutions & Applications9 series
The growth of Artificial Intelligence in recent years brought forth a major challenge for brands in deploying such AI solutions. Many brands lack the clarity regarding where to start the AI integration process and profitably deploy these solutions in the most effective manner.
Get Ready: AI Is Grown Up and Ready for BusinessCognizant
Despite great enthusiasm for AI, full-blown deployments remain the exception rather than the rule across businesses in the U.S. and Europe, according to our recent research. Businesses can turn the tide by honing their AI strategies, maintaining a human-centric approach, developing governance structures and ensuring AI applications are built on an ethical foundation.
In a world where smart machines augment human work, board members and C-suite
executives need a working understanding of AI before they define how they will
implement it successfully within their organizations. Fingent provides technology
solutions that ensure that the technical implementation and strategic adoption of AI
builds toward their long-term goals.
This AI business checklist is a tool that provides an easy-to-use structure for strategic discussions, goal setting and critical decisions in your leadership team. A structure that you can use as a business leader to guide your decisions towards getting full value out of AI technology in your organisation. It is meant to be a tool that you can return to to guide your progress.
Importance of Artificial Intelligence - By DataToBizKavika Roy
In this article, we’ll explain the benefits of outsourcing ai projects, and show why most enterprises prefer to outsource their ai needs.
To Read the Full Article: https://www.datatobiz.com/blog/outsourcing-your-ai-projects/
What is the Role of AI Consulting Services on Business.pdfJPLoft Solutions
This piece will allow you to explore how AI-related consulting services could be instrumental in creating a significant business change. From understanding the intricacies of AI solutions to integrating their application to goals of strategic importance, enterprises depend on experts to understand the complexities and make the most of the capabilities of AI-powered solutions.
AI for enterprises Redefining industry standards.pdfChristopherTHyatt
"AI for Enterprises revolutionizes business landscapes, offering unparalleled efficiency, data-driven decision-making, and personalized customer experiences. From automation to advanced analytics, this transformative technology empowers organizations to streamline operations, enhance productivity, and stay ahead in the competitive digital era. Embrace the future of business with AI for Enterprises and unlock a realm of innovation, strategic insights, and sustainable growth."
Gartner predicts that in 2020, organizations using AI tech will achieve long-term success 4 times more than others. Considering the exponential expansion and influence of AI and its exceptional value, adopting this technology is no longer a choice, but a need, for organizations.
Here are 13 reasons why your business needs AI:
How Companies Can Move AI from Labs to the Business CoreCognizant
APAC and Middle East organisations have big expectations from AI, but they’re only just getting started. To realise the full potential of AI-led innovation, they must rapidly, but smartly, scale their deployments and embrace a strong ethical foundation, keeping a close eye on the human implications and cultural changes required to convert machine intelligence from lofty concept to business reality.
AI IN THE WORKPLACE: TRANSFORMING TODAY’S WORK DYNAMICS.pdfStephenAmell4
AI is transforming workplaces, marking a significant shift towards automation and intelligent decision-making in various industries. In the modern business realm, AI’s role extends from automating mundane tasks to optimizing complex operations, thereby augmenting human capabilities. This integration results in significant productivity gains and more efficient business processes.
Similar to How to implement an effective ai strategy in your business (20)
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
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Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
How to implement an effective ai strategy in your business
1. How To Implement An Effective AI Strategy In Your Business?
By By Jair Ribeiro, Senior Business Analyst –Artificial Intelligence Volvo
Group IT
Source – AppliedTechnology Review
According to the mostaccredited researches, artificialintelligence or AI as we
used to call it, is set to generate a growth of 13 billion dollars in global GDP by
2030, which will occur in sectors such as manufacturing, agriculture, energy,
logistics, and education, among others.
Regardless of increasing investments in AI, more than 50 percent of companies
still do not apply these technologies efficiently or are delayed in implementing
it.
The boom in AI that weare observing during the last years represents an
opportunity for all industries to differentiate their products and services and to
remain competitive in the market. However, leaders mustunderstand what AI
is and set the correct expectations when planning and implementing efficient
solutions.
THE CHALLENGES OF AN EFFECTIVEAI ADOPTION
There are enormous benefits that AI can bring to our business, butwe should
also know the important aspects that can considerably slow down the
adoption of AI for an enterprise.
One of these factors is the difficulty to provide sufficient data for AI algorithms
that require a considerable amount of training data. AI algorithms need data in
enough quantity and quality to learn and make predictions. The more high-
quality the data is, the more accurateare the forecasts.
2. There is no doubt that AI is a transformativetechnology, perhaps the most
transformativetechnology available today, and it will transform every business
in every industry
Also, the lack of open company culture can representchallenges to AI
adoption. InnovativeAI solutions requirepeople and resources dedicated to
the research and development of new ideas, and an evident willingness to
embrace and investin innovation.
HOW TO APPLYAI INYOURBUSINESS?
There are severalpractical applications of AI in businesses, butcurrently, there
five areas where it has been applied the most:
• Virtualassistants can answer users’ queries and perform specific actions. The
interaction can be based on multi-device connection, 24/7 service, fluid
communication, efficiency, and immediate response.
• Cognitive analysis of fields that facilitate the understanding between man
and machines like natural language processing, computer vision, and cognitive
computing can deliver tools for personalisation, understanding of human
behavior, segmentation, and customer loyalty.
• Pattern recognition is an AI technique that enables systems to extract
information to identify the behavior of people and systems to predict their
future behavior.
• Learning systems aretools based on AI that allow the creation of
personalised educational systems and learning tools focused on an individual.
3. • Robotic process automation uses AI algorithms and methods that mimic and
automate human tasks to supportcorporateprocesses, allowing us to take full
advantageof pure human talent and move employees to more strategic and
creative positions.
IMPLEMENTING YOURAI BUSINESS STRATEGY
There is no doubt that AI is a transformativetechnology, perhaps the most
transformativetechnology available today, and it will transform every business
in every industry.
Therefore, it is necessary to start from an efficient AI strategy that allows you
to focus on the main business goals and prioritise whereAI can help you most
to achieve them.
If you are planning to implement AI in your workflow, thereare many ways to
scale your AI strategy. Let's look at some of the steps that can help you to scale
your AI strategy:
Build a diverseand dedicated team for AI. Having an internal team with multi-
disciplinary knowledgeand diversity, dedicated to deploying actions, testing
data, analysing metrics and adjusting parameters will secure and enhance your
AI adoption efforts. Itwill also have a positive impact on the development and
retention of talent who already know the organisational culture. Consider that
deploying AI is challenging. Firstof all, AI solutions must havemeaning. Many
companies believe that justhiring suppliers, buying equipment, and connecting
it all will make AI work by itself to bring immediate results. You must know
how and what AI will be used for, the answers you need for a business, and
which data will be used to obtain them.
Develop your in-houseteam. Technology changes so fast, and it is a challenge
for ITspecialists to absorb all knowledgeand keep pace with the needs of the
4. marketplace. There is a significantshortageof qualified workforceto work with
AI. Itis necessary to train internal talent with financing courses, foster
discussion groups, sharesuccess stories from theindustry itself, and as support
self-development initiatives.
Have an efficient communication strategy: Itis fundamental to maintain a
constantalignment within the AI team and all your stakeholders, developing a
transparentand active communication channel related to the AI initiatives, the
ethical issues surrounding AI and how thebusiness is positioned, and
conformity on currentrules and regulations. You can identify someone in the
team that can act as a bridge between the company and the technical side,
leading communication with all the stakeholders.
Build your AI and ML center of excellence. You must setup a unit that
centralises all decisions about AI implementations in your company with
defined people positions, their roles, obligations, and goals, determining the
technology standards, thechoice of vendors and tools, intellectual property
management. Of course, you will also need well-defined governancewith
senior leadership to organiseinitiatives.
Do not ignoreethical issues. We do AI for humans. Itis essential to open
discussions, for example, about human-robotinteraction, the risks of
developing autonomous weapons, and changes in human behavior even
before efforts to roll out technology further.
With bright ideas and proper planning, the implementation of AI business
strategy is accessiblefor all types of companies as it can significantly improve
processes, reducecosts, and open up new business opportunities.
Companies that understand and embrace their effective strategies since the
beginning of their AI implementation can fully realise the value of AI and
ensurethat their efforts are set to last.