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Deloitte to launch AI Institute initiative in Canada


On Wednesday, Deloitte is set to launch a new artificial intelligence (AI)-focused virtual initiative in Canada, aimed to foster research and AI adoption across industries. The initiative, which is being called the Deloitte AI Institute in Canada, will bring together practitioners, clients, and ecosystem partners, such as academics and research institutions, to exchange knowledge and information regarding the field of AI. Deloitte is one of a number of large firms that have recently sought to invest in Canada's AI ecosystem. The initiative will also host virtual events allowing Canadian medium-to-large organizations to better understand AI, learn from more mature organizations, and create an ecosystem of AI partners that can help them adopt AI or scale up its use. The institute will not have a physical location, but will instead be run remotely.

Top Five tech advancements leaders should prepare for in 2018: Deloitte insights


As 2017 is coming to its end, it's an opportune time to look at what C-suite executives will be turning their attention to in the coming months. Deloitte's recently released Technology, Media and Telecommunications (TMT) Predictions, provides insights into key technology trends on the consumer and business front.

Report: Over three million Canadians will own smartphones with machine learning abilities this year


By the end of 2017, over three million Canadians will own smartphones with machine learning capabilities. Machine learning tops the list of Deloitte's 2017 Canadian Technology, Media & Telecommunications (TMT) Predictions, which claims that 300 million people around the world will own smartphones with the capacity to do onboard machine learning. This amounts to over a third of the smartphones sold in the coming year, though this trend won't end with smartphones. These capabilities will soon be found in tens of millions more devices such as drones, tablets, cars, virtual or augmented reality devices, medical tools, IoT, etc. "Machine learning will see everyday tasks become even faster and more effortless -- so simple, that Canadians may not even realize their mobile devices have in fact learned these new capabilities," said Anders McKenzie, partner and national TMT Leader for Deloitte Canada. "Not only will machine learning revolutionize how we conduct simple tasks through our mobile devices, but it will also improve the safety of Canadians through other platforms, such as better autonomous vehicles, responding to disasters and more resilient to cyberattacks," he continues.

Machine learning will be the big winner in 2018, Deloitte says


More businesses will be using machine learning to get the job done in 2018, while over 15 million Canadians will be using their smartphones to create augmented reality content.

Canadian companies are vulnerable to the increasing risk of cyber attacks


The ability of companies to fight cyber attacks isn't keeping pace with the rising prevalence and costs inflicted on businesses, according to professional services firm Deloitte & Touche LLP. Companies such as Eddie Bauer, which had customers' payment card information accessed by malware, and Volkswagen, which has had keyless entry systems hacked, are among those that have fallen prey to hacks and attacks recently. "You basically have to swallow your pride and say: 'We're going to get hacked no matter what," said Montreal-based Rob Masse, partner at Deloitte's Enterprise Risk Services. "The attacks are always happening and the level of impact is increasing. The gravity of each breach is getting more important."