How Artificial Intelligence Can Help Your Business Reduce Compliance Costs
Investment in Artificial Intelligence (AI) recoups in a short while through improved efficiencies. CIOs in regulated industries reap returns using AI to cut compliance costs. Regulations are a part of doing business, especially for companies in the financial and health sectors. Most businesses have to comply with many regulations, which are in place to protect […]
Artificial Intelligence in Manufacturing: Real-World Success Stories (+ Tips to Replicate It)
Artificial Intelligence (AI) is the favourite of the season. Manufacturers who deploy AI lower costs, improve quality, boost equipment uptime, and reduce scrap. Overall efficiency improves. But not all AI projects succeed. In fact, most projects do not proceed beyond the prototype stage. Many prototypes that pass muster eventually end up as duds, wasting time […]
Is your Data Governance Ready to Handle the Risks Posed by Artificial Intelligence?
Data governance means organizing data at the enterprise level. Artificial Intelligence, at its core, involves generating insights from data. Machine Learning algorithms match present situations to the past and apply time-tested solutions. As the algorithm processes more data and decisions get validated, the output becomes better and more accurate. There is a direct relationship between […]
How AI-Driven Decision Making Can Fuel Your Business Growth
The initial wave of AI-based applications replaced humans to improve efficiency and cut costs. Newer AI-powered applications help enterprises make better decisions, manage risks, and fuel innovation. Advances in AI help leaders make informed decisions to address complex challenges and fuel growth. 1. Increased volumes and turnover through improved sales and marketing Many enterprises have […]
Quantum AI: Are CTOs Ready?
Each generation of computers is faster and better than the previous versions. But quantum computing offers a radically different approach to computing. A regular bit in computing is 0 or 1. Quantum computing instead has quantum bits or qubits that can be 0 or 1 simultaneously or even have any ratio between them. Two or […]
Top Security Industry Innovations that Will Prevent new wave of Cyber Threats
The stakes of cyber security have never been higher. Attacks have become complex and sophisticated. Mobility, work-from-home, and the spread of IoT have increased the attack surface of late. By 2027, there will be 41 billion IoT devices connected online. The rush to move applications to the cloud in the wake of the COVID-19 pandemic […]
AI and Threat Intelligence for Better Cybersecurity
Cyber-attacks keep growing in volumes and intensity. Cyber-crimes will cost enterprises globally a whopping $10.5 trillion annually by 2025, up from $3 trillion in 2015, with a CAGR of 15%. Accenture’s Cost of Cybercrime Study estimates that 43% of cyber-attacks affect small businesses. But only 14% of them can defend themselves. IT teams deploy network […]
How Data Virtualization Can Accelerate Enterprise AI
Data is a strategic asset. Smart enterprises deploy Artificial Intelligence (AI) to gain strategic advantage from their data. But the devil lies in the implementation. About 87% of data science projects never make it to production. The reasons for such a high failure rate go far beyond weak project management capabilities or unclear targets. A […]
Five Key Qualities for a New Gen Leader in an AI Dominated World
Artificial Intelligence (AI) is growing in popularity, and for good reasons. AI will create $2.9 trillion in business value and add 6.2 billion hours of worker productivity in 2021. The technology improves processes and unlocks possibilities in almost all facets of work and life. Considering that AI augments, improves, and even replaces human intelligence, the […]
AI-fication: How CXOs are Betting Big on AI Growth
Technology is always in a state of flux. Each period has its new dominant technology, which drives business growth. The Internet, cloud, and mobility were all big new things that propelled growth in the past. Artificial Intelligence (AI) is the next big thing that drives business growth. In a recent EY survey, almost one out […]
5 Steps to Transition from Traditional ITOps to Automated AIOps
The AIOps Market was worth USD 13.51 billion in 2020 and will touch USD 40.91 billion by 2026, with a CAGR of ~21.05%. Traditional IT cannot cope with the sheer volume, velocity, and variety of data in today’s digital age. To cope, smart businesses upgrade from traditional ITOps to automated AIOps. AIOps marks a shift […]
Five Reasons Why Data Science Projects Fail
Data science and machine learning are the key drivers of digital transformation. But beyond the hype, deriving business value from data science projects is tough. A study by Dimensional Research reveals just 4% of companies succeed in deploying Machine Learning models to a production environment. And, even worse, the gap between enterprises gaining value from […]
