Artificial Intelligence in the Spotlight

CAIRO - 12 February 2020: "We are entering the cognitive age. Over the next 25 years, advanced AI [Artificial Intelligence] will be the central element of digital transformation that fundamentally changes how businesses operate," Executive Vice President of global consulting firm Protiviti, Cory Gunderson, once said. Protiviti argues in a report that artificial Intelligence (AI) and Machine Learning (ML) are poised to help companies make dramatic shifts in performance, shareholder value and business development within the next two years. "AI opens the door to analyse massive amounts of data and deliver critical insights that organisations across a wide variety of industries can use to improve processes, drive profitability, and increase their competitive advantage," it stated. The research concluded that companies leading the charge with advanced AI are finding that it is a real game changer, while companies that are still lagging behind will soon experience a major disadvantages.