Businessman on blurred background using digital artificial intelligence (AI) interface 3D rendering. An artificial intelligence (AI) and Blockchain start-up with backing from Harrisburg University in Pennsylvania is developing a completely new way of utilizing and processing data by integrating AI and "smart logic" into every bit of data. The goal is to build what is described as an "AI Superhighway" according to the tech protagonists with the vision behind the project. Essentially, the proposition goes that by embedding every piece of data with artificial intelligence, otherwise "dumb data", which requires an application to become useful, becomes valuable and "smart." This means the "AI Thought" attaches to data allows the digital information to act on its own.
Most individuals over the age of 30 witnessed one of the most profound changes in the history of mankind: ubiquitous adoption of the internet. The internet has fundamentally changed the ways that humans interact, communicate, and work. It has broken down cultural barriers and eliminated geographic friction with instantaneous transfer of information around the world. The ability to freely communicate has enhanced human rights, helped maintain democratic societies, and created incalculable value through increased efficiency and creation of new businesses. Although the internet has seemingly taken over and enhanced almost every aspect of our lives, the initial adoption of this ground-breaking technology was very slow.
According to research conducted by Harvard Business School, digital leaders -- enterprises that embraced Digital Transformation -- saw their three-year average gross margins at 55%, compared to only 37% for digital laggards -- the companies that were not prepared to transform their businesses digitally. And when it came to earnings, digital leaders posted an average net income of 11% while digital laggards only had 7% net income. In today's highly competitive business environment, Digital Transformation is no longer optional -- it is an imperative, a necessity in order for enterprises to remain competitive or even just to stay afloat. To keep up with Digital Transformation, enterprises must understand where it is going. In this post, we explore five important trends that will help enterprises discern where the digital revolution is heading this 2018.
The modern world is changing more and more quickly with each passing year. If you don't pay attention to new changes or keep up the pace, it's easy to fall behind the times (and the market) while other companies beat you to the punch. To keep abreast of current changes – at least at a level of basic understanding. Adding to that, if you can't understand the buzzwords others are using in conversation, it's much harder to look smart while participating in that conversation. In this post, we're going to give you the 10 IT & technology buzzwords you won't be able to avoid in 2020 so that you can stay poised to take advantage of market opportunities and new conversations alike. The first in our definitive rundown of tech buzzwords 2020 is computer vision. Exciting and futuristic, the concept of computer vision is based on computing devices or programs gaining the ability to extract detailed information from visual images.