Innovation
-
Blog
Which industries are leading the charge when it comes to AI innovation?
AI has rapidly reshaped the business landscape, and as the technology is continually improved it continues to push new boundaries in enterprise productivity. Research shows one of the latest developments in the AI space, generative AI, has sparked a groundswell of attention from enterprises, who have ramped up their use of generative AI over the last year. McKinsey’s State of…
Read More » -
Blog
Embracing the future: A visionary CIO’s perspective on predictable certainties and innovation
Being a chief information officer (CIO) today is about much more than just managing IT infrastructure and ensuring cybersecurity. It’s about being a visionary who can foresee technological advancements and understand their implications for the organization. A key part of this role is identifying “predictable certainties”—those inevitable innovations and business processes that are bound to happen—and using them to drive…
Read More » -
Blog
Public Boards Seek a Balance Between Innovation and Risk
Public boards are bullish on artificial intelligence and generative AI as new key levers for growth and are taking measures to seize opportunities while mitigating mounting risks, a new survey finds. Directors realize “the full potential of technology deployment requires enhanced risk management, security, and compliance measures to safeguard their organizations and stakeholders,” according to the 2024 BDO Board Survey…
Read More » -
Blog
AI innovation Should Be Balanced With Sensible Regulation
Australian-grown tech startup Dovetail’s CEO has backed the need for AI regulation to ensure the booming technology is not used for “nefarious purposes.” However, he said the practical aspects of compliance will determine how easy or difficult it is for businesses deploying AI to comply with. Benjamin Humphreys has grown customer insights platform Dovetail over the last seven years to…
Read More » -
Blog
Gov’s new Regulatory Innovation Office promises to remove red tape
The UK government is opening a new office to speed up regulatory approval of new technologies from AI surgical software to drones and space technology. The aim of the Regulatory Innovation Office (RIO) is to cut red tape and make it easier for businesses to bring new products and services to the market, by speeding up approvals and ensuring that…
Read More » -
Blog
The power of partnership: Driving innovation with AWS support for business
The cloud has become an indispensable tool for organizations looking to scale, innovate, and stay competitive. Businesses are increasingly moving their critical operations to the cloud, embracing the speed, flexibility, and cost-efficiency on offer. Indeed, global spending on public cloud services is expected to grow 20.4% to a total of $675.4 billion in 2024, according to a recent Gartner report.…
Read More » -
Blog
EU rules stifle AI innovation, claims Meta letter – Computerworld
“Really sad that you are part of this Orwellian doublespeak. Translated to English: Mark Zuckerberg wants the right to use YOUR data and property for his own gain forever, without asking or compensating you. And by ‘you,’ I mean everyone in the world – individuals, companies, brands, countries, etc. If his reproductions end up replacing your work, that’s your problem,…
Read More » -
Blog
Teradata wants you to think differently about data and innovation – and take inspiration from the likes of Shazam
Steve McMillan, CEO at Teradata, wants you to forget what you think you know about his company – and the way that you approach AI. From reducing egress fees by keeping data in one place, to raising our expectations on the potential for generative AI, McMillan believes it’s better to accommodate customers in the cloud rather than dictate what they…
Read More » -
Blog
Why are so many AI projects destined for failure? Inexperienced staff, poor planning, and a shoehorned approach to agile development are all stifling innovation
AI projects fail because of technical challenges, people misunderstanding what’s possible, and agile development, according to research from the RAND institute. Research cited by RAND suggests as many as 80% of AI projects fail — that’s twice the rate of other technology projects and a serious problem for the industry given the costs involved with AI. RAND notes that the…
Read More » -
Blog
CBA’s x15ventures Set to Lead in Fintech AI Innovation
On Aug. 20, the Commonwealth Bank of Australia’s venture-scaling arm, x15ventures, will close applications for its annual Xccelerate program — an opportunity for tech startups to win a $250,000 investment into their company. The competition reflects the CBA’s broader efforts to establish itself as a dominant force in fintech AI. The bank’s initiatives, including its partnership with Microsoft and the…
Read More »