Artificial intelligence is the technology story of the hour, and everyone wants to dive in. However, three recent studies suggest there’s more work to be done before AI starts delivering business value. A report from McKinsey suggests many organizations require a solid infrastructure underneath it all — it takes digital to go more digital. Data is also […]
If science fiction has taught us anything it’s that artificial intelligence will one day lead to the downfall of the entirety of mankind. That day is (probably) still a long way away, if it ever actually happens, but for now we get to enjoy some of the nicer aspects of AI, such as its ability […]
By Mahesh Lalwani, Vice President, Head of Data & Cognitive Analytics at Mphasis In today’s world, it should no longer be acceptable to have merely adaptive data. To win customers and market share, an organization must do far more and predict which strategy will unlock the potential its data has to offer. A company must envision […]
A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues through intelligent automation. The report, Growth in the Machine, demonstrates the advantages of applying the right combination of robotic process automation (RPA), artificial intelligence (AI), and business process optimisation in the sector […]
Despite a growing interest in artificial intelligence, most healthcare organizations still lack the tools necessary to ensure responsible use of such technologies, finds a report from Accenture Health. According to the report, Digital Health Technology Vision 2018, 81% of healthcare executives said they are not yet prepared to face the societal and liability issues needed to explain […]
The most recent issue of MIT Technology Review shows their annual list of 35 Innovators Under 35. Of these, 15 are AI-based – 43%. Another 3 are in Computational Synthetic Biology that depends on deep learning. Similarly the website Angel.co which tracks the formation and investment in startups shows about 6,800 companies specifically relating to AI. That’s probably understated. […]
By Sultan Meghji, Founder & Managing Director at Virtova I remember grumbling, “Good lord this is a waste of time,” in 1992 while I was working on an AI application for lip-reading. The grumble escaped my lips because I felt like I was spending half my time inputting data cleanly into the video processing neural […]
