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When it comes to innovations in AI, Tier-1 institutes such as IIT have been trying to leave no stone unturned. IITs have been performing a lot of research work in the field of emerging technologies like AI, machine learning, blockchain, among others. The institutes are also joining hands with the government and various other prominent organisations to launch the Centre of Excellence (CoE), Research & Development Centres (R&Ds), among others. In this list, we have curated the top AI initiatives, in no particular order, by IIT in the year 2020. In January, Indian Institute of Technology, Kharagpur has evolved an AI-aided method to read legal judgements.

Things such as extended learning beyond classrooms, real-time assessment and feedback, automated creation of personalized learning plans, and supporting teachers on time consuming tasks, are now possible courtesy of AI-based systems and applications. AI technologies are being utilized more and more these days to analyze the growing number of data points for evaluating the performance and the changing needs of students. AI is playing an increasingly valuable role in accelerating effectiveness and efficiencies in many areas of the educational administrative processes. Individualized learning is priority one for educators. AI-based solutions for education are rapidly accelerating the individualized learning mission.

As I noted last week, I'l be talking at CBIA's Employment Law Conference on the topic of "Artificial Intelligence & Analytics for HR: Recruiting, Retention & Engagement" next month. Joining me on the panel is Doug Smith, the SVP Client Delivery at Tallan, which has offices in the Greater Hartford area. I thought it might be enlightening to ask Doug a few questions about AI and Analytics in the Workplace before our talk. He was gracious enough to humor me with answers to my questions. Is there really a place for data analytics in HR?

The multiplayer online shoot'em up Fortnite is the most popular video game in the world, with more than 250 million players. It is also representative of a relatively new paradigm in gaming – one that has altered the software landscape until it has become almost unrecognizable in recent years. Known as games-as-a-service (GaaS), the game is funded through subscriptions and regular transactions by its players rather than a one-off fee. Although this may not seem all that new to those of us old enough to remember the coin-guzzling likes of Pac Man and Space Invaders, GaaS means the continuous revenue stream funds ongoing development and improvement of the game. And its cloud-based nature (along with the vast userbase) means huge amounts of data is available to developers Epic – the game generates a staggering two petabytes per month.

The multiplayer online shoot'em up Fortnite is the most popular video game in the world, with more than 250 million players. It is also representative of a relatively new paradigm in gaming – one that has altered the software landscape until it has become almost unrecognizable in recent years. Known as games-as-a-service (GaaS), the game is funded through subscriptions and regular transactions by its players rather than a one-off fee. Although this may not seem all that new to those of us old enough to remember the coin-guzzling likes of Pac Man and Space Invaders, GaaS means the continuous revenue stream funds ongoing development and improvement of the game. And its cloud-based nature (along with the vast userbase) means huge amounts of data is available to developers Epic – the game generates a staggering two petabytes per month.

One of the hottest topics in information technology today is using artificial intelligence (AI) and analytics tools to help you identify patterns which can guide you in digital transformation efforts. To make these efforts fruitful, your first hurdle is to identify data worth mining. For many organizations, your CRM system is a great place to start. If you have used CRM such as Microsoft Dynamics 365 (formerly Dynamics CRM), Salesforce, Oracle, Adobe, SAP or Siebel for several years, you are likely to have built up a repository of data which reflects your organization's customers, vendors, and stakeholders as well as your interactions with them through customer service, sales and marketing efforts. The leading CRM vendors are in a race to add AI and machine learning to their products.

As more organizations apply artificial intelligence and machine learning systems to their data, managers might question the role of business analytics as a success factor. But like the Frank Sinatra song goes, "This I tell you, brother. You can't have one without the other." A recently released global study of AI and its various applications estimates a market valuation of $191.60 billion by 2025. That's a 36.68 percent annual growth rate from the estimated $11.71 billion AI projects garnered back in 2016, according to Xpodence Research.

"You can't get good insights from bad data, and AI is playing an instrumental role in the data preparation renaissance."–Narendra I have interviewed Narendra Mulani, chief analytics officer, Accenture Analytics. What is the role of Artificial Intelligence in analytics? Narendra Mulani: Artificial Intelligence will be the single greatest change driver of our age. Combined with analytics, it's redefining what's possible by unlocking new value from data, changing the way we interact with each other and technology, and improving the way we make decisions.