A digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential, Globant is the place where innovation, design, and engineering meet scale. Globant is a disruptor in the professional services arena and we leverage the latest technologies and methodologies in the digital and cognitive space to help organizations transform in every aspect. A pure-play in the digital and cognitive fields, Globant has a global presence with delivery centers in North America, Latin America, Europe, and Asia through which we offer a deep knowledge of the latest trends and technologies. With over 17,250 professionals present in 18 countries working for companies like Google, Rockwell Automation, Electronic Arts, and Santander, among others, we are featured as a business case study at Harvard, MIT, and Stanford apart from being a member of the Cybersecurity Tech Accord (2019).

Pre-pandemic, artificial intelligence was already poised for huge growth in 2020. Back in September 2019, IDC predicted that spending on AI technologies would grow more than two and a half times to $97.9 billion by 2023. Since then, COVID-19 has only increased the potential value of AI to the enterprise. According to McKinsey's State of AI survey published in November 2020, half of respondents say their organizations have adopted AI in at least one function. "As the grip of the pandemic continues to affect the ability of the enterprise to operate, AI in many guises will become increasingly important as businesses seek to understand their COVID- affected data sets and continue to automate day-to-day tasks," says Wayne Butterfield, director of ISG Automation, a unit of global technology research and advisory firm ISG.

Science fiction is riddled with dystopian views of artificial intelligence. It can be difficult for companies to embrace AI as augmenting--rather than threatening. At this point, with 90% of companies having made at least some investment in artificial intelligence, it's all but inevitable that AI will redefine every industry. While organizations recognize that investing in AI is essential to competing in the digital age, they struggle to realize gains as a result of their AI implementations. Fewer than 40% of companies have realized business gains from AI in the past three years.

Emerging technologies are rapidly transforming the business landscape, and will continue to do so as organizations increasingly seek out solutions related to these trends and actually put them into place, according to Globant's 2019 Trends in Technology Report, released this week. "The digital landscape is changing at a record pace," Martín Migoya, CEO of Globant, said in a press release. "There's already a solid foundation of use cases for emerging technology like AI and Cloud technologies, and this year we're anticipating that we'll see these solutions really get taken to the next level." SEE: IT leader's guide to achieving digital transformation (Tech Pro Research) IoT solutions will begin to move beyond a singular element or individual task, and integrate into existing systems, the report stated. AI engines will help businesses across every industry gain automated insights from complex data sets faster than in the past, the report stated.

It is true in politics, business and investing. Right now, there is no question that the money is headed into artificial intelligence. Gartner, a global IT research and advisory company, surveyed 3,000 CIOs operating in 89 countries in January. The Stamford, Conn., firm found that AI implementations grew 37% during 2018, and 270% over the last four years. This is a trend investors should embrace.

Verisk Analytics (NASDAQ:VRSK) and Globant (NYSE:GLOB) are both business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, risk and valuation. This table compares Verisk Analytics and Globant's revenue, earnings per share (EPS) and valuation. Verisk Analytics has higher revenue and earnings than Globant. Verisk Analytics is trading at a lower price-to-earnings ratio than Globant, indicating that it is currently the more affordable of the two stocks.

Globant (NYSE:GLOB) and Verisk Analytics (NASDAQ:VRSK) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, analyst recommendations, profitability, institutional ownership and valuation. This table compares Globant and Verisk Analytics' net margins, return on equity and return on assets. This table compares Globant and Verisk Analytics' revenue, earnings per share (EPS) and valuation. Verisk Analytics has higher revenue and earnings than Globant.

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You want to start an AI project – but what processes do you need to bear in mind, how do you manage the data, and what do you need to look at when it comes to team composition and testing? In this extract from Embracing the Power of AI, Javier Minhondo, Juan José López Murphy, Haldo Spontón, Martín Migoya, and Guibert Englebienne outline how to get through these crucial initial stages. Getting a grasp of the business needs is crucial, as is understanding the data sources. Are we thinking the solution centers on user needs or are we putting technology first? Going back to the key aspects discussed in Chapter 6 (see page 73), successful AI products must be driven and designed to help people access and process information, and facilitate decision-making.

In the last two years, artificial intelligence (AI) has started to become a mainstream topic, but core aspects of AI, like machine learning and data science, have been around for quite some time, so the technology has had plenty of time to impact the industry already. According to a study by Tata Consultancy Services, more than 90% of companies in the energy, high tech, telecom, retail, and automotive industries use AI today. The company researched 13 industries globally and found that more than 80% of companies use AI in some capacity. "Beyond the IT function, artificial intelligence is most often used in customer service, sales, marketing, and finance," states the report. "In energy, 100% of companies use AI – the only industry in which every company is using it. Of the companies that don't use AI today, all expect to by 2020."