If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
This post was co-authored by the extended Azure Mobility Team. The past year has been eventful for a lot of reasons. At Microsoft, we've expanded our partnerships, including Volkswagen, LG Electronics, Faurecia, TomTom, and more, and taken the wraps off new thinking such as at CES, where we recently demonstrated our approach to in-vehicle compute and software architecture. Looking ahead, areas that were once nominally related now come into sharper focus as the supporting technologies are deployed and the various industry verticals mature. The welcoming of a new year is a good time to pause and take in what is happening in our industry and in related ones with an aim to developing a view on where it's all heading.
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.
The latest pace of advancements in technology paves way for businesses to pay attention to digital strategy in order to drive effective digital transformation. Digital strategy focuses on leveraging technology to enhance business performance, specifying the direction where organizations can create new competitive advantages with it. Despite a lot of buzz around its advancement, digital transformation initiatives in most businesses are still in its infancy. Organizations that have successfully implemented and are effectively navigating their way towards digital transformation have seen that deploying a low-code workflow automation platform makes them more efficient. This enables them to ensure diverse systems' interoperability with minimal manual intervention.
There are three reasons you've likely ended up on this blog post: You and your organization are looking to embark on a digital transformation journey. Your digital transformation efforts have failed and you're looking for a reset. Whatever your reason for being here – or stage of digital transformation (DX) your company is in – defining a digital transformation strategy is a crucial step in the process. Companies of all sizes are seeing enviable business outcomes from digital transformation efforts, such as product and service improvement and innovation, operational efficiency, and increased agility across the value chain. But the path to value starts with defining a strategy for your specific business needs and desired outcomes.
Human Resources is always evolving, and a new year brings both new challenges and new opportunities. To help you get ahead, experts in the space share their insight on the trends that will matter most to HR professionals this year, writes Matt Thomas, President of WorkSmart Systems. From digital transformation to remote work, the world of business has gone through a lot of changes. As we enter a new decade, it shows no sign of slowing down -- and the HR industry is one leading the charge. The modern workforce is rapidly shifting and businesses must keep up.
As the healthcare industry continues to evolve from fee-for-service to value-based payment models, there is an increasing focus on better quality, outcomes and experience – all with significantly lower costs. Healthcare and technology leaders are working together to achieve these goals through digital transformation. This digital transformation will blanket the HIMSS20 Global Conference next month, where IT giant IBM and its Watson Health will have a massive presence. Healthcare IT News interviewed Paul Roma, general manager of IBM Watson Health, to see what he and the company see as the key trends impacting this digital transformation will be at HIMSS20 and beyond. Data security is fundamental to digital transformation, Roma asserted.
Tech Intelligence Bulletin (HG Insights) – SAS has become a tier one partner with the University of Sheffield Advanced Manufacturing Research Centre (AMRC), a network of world-leading research and innovation centers working with manufacturing companies of all sizes from around the globe. The parties will work together to identify specific pain areas in the manufacturing industry and seek to solve those business problems using SAS software, and methods and principles of advanced analytics. The AMRC aims to transform industrial and economic performance by making step changes in productivity, increasing competitiveness, developing new products and processes and training new talent and skills. It is made up of more than 125 member organizations, ranging from global giants to SMEs offering specialist equipment and services. Like other industries, manufacturing is seeing a drive towards digital transformation, thanks to more and more data being generated more quickly than ever before, greater connectivity, greater compute power and the ability to extract actionable insights from this data using analytics.
Digital transformation (DX) has exponentially evolved from IT, virtual collaborations, data transformation & amp; mining, mobile and internet due to the application of technologies such as Artificial Intelligence, Machine Learning, Robotic automation and Intelligent Automation that are virtually disrupting the structural and organizational function of practically all businesses today. One of the key drivers of digital transformation is Intelligent Automation which simply is the combination of automation and Artificial Intelligence for business functioning. Existing and new processes are targets for automation. However, most of the vendor-specific automation platforms solutions leave gaps in the workflow process or can't bridge the gaps between disparate systems. GAVS' offers zMan as a fully-managed enterprise automation platform deployable on the cloud or on premise.
NEW YORK and HOUSTON, February 4, 2020 – Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, and HighRadius, an enterprise SaaS (Software-as-a-service) fintech company, today announced a strategic partnership that will provide improvements to enterprise accounts receivable and bring together digital automation solutions powered by advanced machine learning and artificial intelligence. "Many enterprises today have been unable to streamline their receivable processes, negatively impacting business operations and profitability," said Katie Stein, Genpact's chief strategy officer. "Genpact and HighRadius will solve this challenge by delivering a transformative digital automation solution that enables businesses to maximize their working capital, while enhancing the customer and user experiences. We see a great opportunity to leverage the potent combination of domain know-how, proven technology, and digital sophistication this partnership will bring." Genpact and HighRadius, both leaders within their respective areas, will work together to innovate within the order-to-cash cycle – a critical business process that has a direct impact on improving key value outcomes for enterprises spanning customer experience, revenue optimization, margins and cash flow, and more.
Walgreens Boots Alliance, Inc. and Tata Consultancy Services, a leading global information technology (IT) services, consulting and business solutions organization, announced that the companies have expanded their strategic partnership to advance WBA's transformation of its global IT function by launching a new operating model for IT Run and Operational services, enabling WBA to accelerate its digitalization program to advance innovation for customers, drive organizational efficiencies across the company and further reduce its cost base. "WBA is building a scalable, sustainable and globally unified IT operating model that is focused on digital transformation, automation of service delivery and innovation" The expansion of the WBA and TCS strategic partnership is based on WBA's review of its IT operating model and vendor landscape. As a result, the WBA global IT team will focus on leading and supporting strategic technology projects that create customer value through the development of new digital products and services on its business platforms. Following a period of transition, TCS will provide Run and Operational managed services, including application maintenance and support, infrastructure and security operations. The TCS approach will blend artificial intelligence, machine learning and advanced software engineering to enhance operational resilience and boost productivity.