business value


How Businesses Can Get The Most Value From Artificial Intelligence

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Many businesses are experimenting with artificial intelligence but lack an understanding of the use cases that deliver real business value. That's according to a new study from digital transformation firm Mindtree, which surveyed 650 global IT leaders on their use of AI in the workplace. It found that 85% of organizations have implemented a data strategy and 77% have invested in some AI-related technologies, with only 31% achieving a return on investment. The research shows that businesses can do more to gain increased value from their investments, although they need to focus on use cases that drive ROI. Suman Nambiar, head of strategy, partners and offering for digital at Mindtree, said: "Artificial Intelligence (AI) is transforming the way businesses across the world are operating, for instance, helping them deliver much more personalized experiences and services to their customers. "AI is delivering measurable business benefits to enterprises which experiment using agile, fast, value-driven innovation models, which can then be rolled out for wider use.


Study reveals state of AI implementation among businesses

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Mindtree has released findings from a recent survey which reveal some businesses lack the understanding and mature data infrastructures to make AI a success. The study found most businesses are well underway with AI experimentation, but many still lack an understanding of the use cases to deliver business value and the data infrastructures for making AI a success across the enterprise on a sustainable basis. The survey, which gathered data from 650 global IT leaders from key business markets, found 85% of organisations have a data strategy and 77% have implemented some AI-related technologies in the workplace, with 31% already seeing major business value from their AI efforts. Organisations are achieving their vision to industrialise AI, but many can do more to gain real business value. Greater focus is needed on use cases that deliver business value When implementing an AI strategy, there's a pressing need for use cases to demonstrate business value.


How Businesses Can Get The Most Value From Artificial Intelligence

#artificialintelligence

Many businesses are experimenting with artificial intelligence but lack an understanding of the use cases that deliver real business value. That's according to a new study from digital transformation firm Mindtree, which surveyed 650 global IT leaders on their use of AI in the workplace. It found that 85% of organizations have implemented a data strategy and 77% have invested in some AI-related technologies, with only 31% achieving a return on investment. The research shows that businesses can do more to gain increased value from their investments, although they need to focus on use cases that drive ROI. Suman Nambiar, head of strategy, partners and offering for digital at Mindtree, said: "Artificial Intelligence (AI) is transforming the way businesses across the world are operating, for instance, helping them deliver much more personalized experiences and services to their customers. "AI is delivering measurable business benefits to enterprises which experiment using agile, fast, value-driven innovation models, which can then be rolled out for wider use.


Mindtree Study: Businesses Gaining Value From Artificial Intelligence Experimentation

#artificialintelligence

Mindtree, a global technology services and digital transformation company, today revealed the findings of its recent survey of AI usage across enterprises. The study found most businesses are well underway with AI experimentation, but many still lack an understanding of the use cases to deliver business value and the data infrastructures for making AI a success across the enterprise on a sustainable basis. The survey, which gathered data from 650 global IT leaders from key business markets, found 85% of organisations have a data strategy and 77% have implemented some AI-related technologies in the workplace, with 31% already seeing major business value from their AI efforts. Organisations are achieving their vision to industrialize AI, but many can do more to gain real business value. When implementing an AI strategy, there's a pressing need for use cases to demonstrate business value.


How Businesses Can Get The Most Value From Artificial Intelligence

#artificialintelligence

Many businesses are experimenting with artificial intelligence but lack an understanding of the use cases that deliver real business value. That's according to a new study from digital transformation firm Mindtree, which surveyed 650 global IT leaders on their use of AI in the workplace. It found that 85% of organizations have implemented a data strategy and 77% have invested in some AI-related technologies, with only 31% achieving a return on investment. The research shows that businesses can do more to gain increased value from their investments, although they need to focus on use cases that drive ROI. Suman Nambiar, head of strategy, partners and offering for digital at Mindtree, said: "Artificial Intelligence (AI) is transforming the way businesses across the world are operating, for instance, helping them deliver much more personalized experiences and services to their customers. "AI is delivering measurable business benefits to enterprises which experiment using agile, fast, value-driven innovation models, which can then be rolled out for wider use.


The real reason businesses are failing at AI

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Artificial intelligence (AI) investments are so crucial for business that they now determine the success of organizations. AI optimization allows businesses to generate data insights at a lower cost, expedite the hiring process, customized consumer experiences, and improve security tactics, reported TechRepublic's Tom Merritt in his Top 5: Ways AI will change business. All of these benefits are reasons behind why AI will create $2.9 trillion in business value by 2021, as noted in a previous Gartner report, Leverage Augmented Intelligence to Win With AI. Currently 77% of global organizations have some AI-related technologies implemented in the workplace, a Mindtree Study reported on Wednesday. The report surveyed 650 global IT leaders to determine how they reach success with AI, and where they need improvement.


Businesses gaining value from artificial intelligence experimentation: Mindtree study - ET CIO

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Organisations worldwide are achieving their vision to industrialise artificial intelligence (AI) but many can do more to gain real business value, according to findings of a recent survey by technology services and digital transformation company Mindtree. The survey, which gathered data from 650 global IT leaders from key business markets, found 85 per cent of organisations have a data strategy and 77 per cent have implemented some AI-related technologies in the workplace with 31 per cent already seeing major business value from their AI efforts. The study showed certain business functions such as sales (35 per cent) and marketing (32 per cent) gaining the most value from AI as it accelerates the delivery of improved customer experiences. The most popular technologies deployed by global organisations are machine learning (34 per cent), chatbots (34 per cent) and robotics (28 per cent). "The potential of AI to disrupt, transform and rebuild businesses is clearly felt in the C-Suite even if it is not yet fully understood," said Suman Nambiar, Head of Strategy, Partners and Offering for Digital at Mindtree.


SAP Intelligent Robotic Process Automation in a Nutshell

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Robotic Process Automation (RPA) accelerates the digital transformation of business processes by automatically replicating tedious actions that have no added value. SAP Intelligent Robotic Process Automation is a complete automation suite where software robots are designed to mimic humans by replacing manual clicks, interpreting text-heavy communications, or making process suggestions to end users for definable and repeatable business processes. The course will give an introduction to RPA as an industry standard, introduce the SAP solution with its individual cloud and on-premise components, show an example of an automated scenario with SAP Intelligent RPA, and explain the business value of the solution as well as key differentiators. After attending this course, participants will be able to understand what RPA is and how the SAP solution functions. Moreover, they'll learn how to rate use cases for RPA and understand the value of it for today's businesses.


Mindtree Study: Businesses Gaining Value From Artificial Intelligence Experimentation

#artificialintelligence

Mindtree, a global technology services and digital transformation company, today revealed the findings of its recent survey of AI usage across enterprises. The study found most businesses are well underway with AI experimentation, but many still lack an understanding of the use cases to deliver business value and the data infrastructures for making AI a success across the enterprise on a sustainable basis. The survey, which gathered data from 650 global IT leaders from key business markets, found 85% of organisations have a data strategy and 77% have implemented some AI-related technologies in the workplace, with 31% already seeing major business value from their AI efforts. Organisations are achieving their vision to industrialize AI, but many can do more to gain real business value. When implementing an AI strategy, there's a pressing need for use cases to demonstrate business value.


HPE Accelerates Artificial Intelligence Innovation with Enterprise-Grade Solution for Managing Entire Machine Learning Lifecycle

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Hewlett Packard Enterprise (HPE) announced a container-based software solution, HPE ML Ops, to support the entire machine learning model lifecycle for on-premises, public cloud and hybrid cloud environments. The new solution introduces a DevOps-like process to standardize machine learning workflows and accelerate AI deployments from months to days. The new HPE ML Ops solution extends the capabilities of the BlueData EPIC container software platform, providing data science teams with on-demand access to containerized environments for distributed AI / ML and analytics. BlueData was acquired by HPE in November 2018 to bolster its AI, analytics, and container offerings, and complements HPE's Hybrid IT solutions and HPE Pointnext Services for enterprise AI deployments. Enterprise AI adoption has more than doubled in the last four years, and organizations continue to invest significant time and resources in building machine learning and deep learning models for a wide range of AI use cases such as fraud detection, personalized medicine, and predictive customer analytics.