Applied artificial intelligence leader Dr. JT Kostman joins Grant Thornton

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ISELIN, N.J. -- JT Kostman, Ph.D., an internationally recognized leader in cognitive computing, applied artificial intelligence, and data strategy, has joined Grant Thornton LLP as managing director of applied artificial intelligence. In this new role, Kostman will lead the development and delivery of artificial intelligence, machine learning, IoT, blockchain, and advanced analytic solutions and services for the firm and Grant Thornton clients. He will be based in the firm's Iselin, N.J., office and will report into National Managing Principal of Innovation Kevin Baril. Kostman is a data scientist, mathematician and psychologist renowned for his expertise in applied artificial intelligence and cognitive computing. He boasts an impressive pedigree – having served as chief data officer and a member of the executive committee for Time Inc., chief data scientist for Samsung, and chief data scientist and big data psychologist for Aptus Insights.


Audit, Tax and Advisory Services

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GTIL refers to Grant Thornton International Ltd (GTIL). Grant Thornton LLP is a member firm of GTIL. GTIL and each member firm of GTIL is a separate legal entity. GTIL is a nonpracticing umbrella entity organized as a private company limited by guarantee incorporated in England and Wales. GTIL does not deliver services in its own name or at all.


Public Sector

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Grant Thornton Public Sector helps executives and managers at all levels of government maximize performance and efficiency in the face of ever tightening budgets and increased demand for services. Our public sector team members find solutions that help government leaders with issues including acquisitions, financial management, human capital, information technology and performance management. Read more about our cost and performance management thought leadership. In fact, many of our professionals are former government officials who faced similar challenges and pressures – shrinking budgets, greater scrutiny from Congress, demand for program performance, ever increasing compliance requirements, inability to recruit and retain needed talent, expanding reporting burdens, the need to collaborate across the federal government and state and local partners, complex program management requirements, and other challenges. We are up to date with the latest news and activities of our clients.


CFOs betting big on AI, machine learning, robotics process automation as business goes digital

ZDNet

CFOs have increased their bets on artificial intelligence, machine learning, robotic process automation, analytics and blockchain as they are looking automate to boost savings, efficiency and agility, according to a Grant Thornton survey. Grant Thornton and CFO Research surveyed 378 senior finance executives from companies with revenue between $100 million and more than $20 billion. The findings reveal that CFOs are ready to invest heavily in emerging technologies as well as digital transformation. The digital transformation journey will also require CFOs to alter their mindset when it comes to technology investments. CFOs must be willing to experiment--and incur failures along the way--or risk falling behind.


Philippine firms asked to embrace artificial intelligence

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Companies in the Philippines need to adopt technologies like automation and artificial intelligence to get rid of repetitive and redundant processes, a partner of business advisory firm Grant Thornton says. Grant Thornton partner Depender Kumar Depender Kumar, in his presentation during the 8th P&A Grant Thornton Business Forum in Manila, says Philippine companies, including business process outsourcing providers, are slow to embrace automation and struggle to change. "To be honest, if they [BPOs] don't change the way they do things, they will pay locally for the disruption. Most of what is done by the BPOs are repetitive. You don't need a lot of intelligence to do the work that is with you.