There has not been an increase in the adoption of artificial intelligence but some companies are capturing value from the frontier technology at the enterprise level and many are generating revenue and reducing costs at least at the function level, says McKinsey & Company. According to the results of this year’s McKinsey Global Survey on…
AI adopters should be proactive in implementing certain measures if they want to gain or maintain an advantage over their industry peers as the disruptive technology becomes mainstream, according to global accounting firm Deloitte. In the 3rd edition of its State of AI in the Enterprise report, Deloitte says there are three things that both…
The coronavirus pandemic is accelerating the need for artificial intelligence solutions as the technology can help businesses run more nimbly and reliably, says a marketing manager at TAIGER, one of Asia’s fastest-growing AI companies. “Big companies are realizing that AI technologies can make them more flexible to adapt better to changes like the ones brought…
As technology is taking giant leaps and bounds, artificial intelligence is sweeping aside old notions of education and human tutors are expected to be sidelined soon. There are many advocates of replacing teachers with AI machines, but Jesper Tække, a Denmark-based university professor, argues that handing over the job of instilling knowledge into young minds…
The lower valuations caused by the economic uncertainty gripping the world provide a great opportunity for investors, says a serial digital entrepreneur. “The economic fallout of what’s happened is just starting to be realized. At the moment, a lot of the investors are sitting on the sidelines, yet some are taking advantage of investment opportunities,”…
Social media is no longer a foreign concept, at least to more than 3.5 billion people on the internet. Notably, the number of people using any form of social media has been on the rise in the early 2000s. The social media landscape has evolved so much that companies that were prominent earlier are nowhere today in…
We met with Jean-François Gagné, the CEO at Element AI, a global AI software provider that aims to solve real-world problems. Jean-François Gagné has made a name for itself in the field of artificial intelligence. Element AI is not Gagné’s first enterprise. He launched his first company at 20, selling it years later to create…
Artificial Intelligence (AI) is no longer stuff for the movies but a reality that is unfolding. The technology is slowly permeating human life through driverless cars, the use of algorithms to accomplish tasks, facial recognition and so on. Notably, the presence of AI in emerging technologies is immense. Interestingly, a World Economic Forum analysis concluded that AI…
In the past few years, Artificial Intelligence has been one of the technologies that are growing fast and disrupting almost every sector. Implementation of AI is very vital in defining future growth in various industries and manufacturing will be the most impacted on the industry. Countries and several businesses across the globe have been trying…
China which is the most populous nation in the world has set its sight on becoming the world’s leading economy. The Southeast Asia country is equally keen on becoming a leader in artificial intelligence in the world. AI will be vital in the next decade in transforming and enhancing the economic growth of most countries….
