The Rise of Intelligent Enterprise Automation - Tech.eu

Editor's note: this is a guest post by Tom Henriksson, a general partner at OpenOcean, a VC firm investing in European data-intensive software startups. In 1999, as Steven Spielberg was preparing to make the movie "Minority Report", he assembled a team of 15 technology experts to help him depict the world as it would look in 2054, the year that the movie takes place. The result was an impressive and somewhat dystopic future scape where technology permeates our lives. It is too soon to say whether the vision of the future depicted in the movie will become reality, but 18 years after the film's release, artificial intelligence (AI) and what is often called intelligent enterprise automation have had a profound impact in some areas. Marketing spending across every industry and segment of society is now shaped and driven by artificial intelligence using real-time analysis of massive data sets about consumer habits, data sets culled by sophisticated algorithms from billions of transactions and searches happening every day across the Internet.