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A recent report from Google and Public First revealed that AI-powered innovation could generate over £400 billion in economic value for the UK by 2030. AI presents a unique opportunity for the UK to stay at the forefront of technological advancement while creating jobs, boosting productivity, and driving sustainability. Here are two real-world examples of how AI is already fueling innovation and creating opportunities in the UK: ✏️ Serco: We partnered with Serco to create Checksy, a revolutionary AI-powered learning platform that connects learners with training opportunities and government funding. Since its launch, Checksy has helped individuals of all ages improve their skills and secure fulfilling employment. This is just one example of how AI can help bridge the skills gap and enable economic growth through education and workforce development. 🚛 Mitie: As the UK’s leading facilities management company, Mitie turned to AI to help optimise the performance of its 5,000-strong electric vehicle fleet. Using Real-Time Intelligence, powered by Microsoft Fabric, we’ve enabled Mitie to track driver behaviour, optimise routes, and improve fuel efficiency. This AI-driven solution is not only helping Mitie achieve its net-zero ambitions but also reducing operational costs and enhancing safety on the road. These examples highlight just a fraction of the potential AI holds for the UK. With AI-powered innovation, we have the chance to transform industries, improve sustainability, and drive the next phase of economic growth. The future of AI in the UK is bright, and we're excited to be part of this journey! #AI #Innovation #UKEconomy #Sustainability #TechForGood #AIopportunities

In The Data Disruptor's last edition we talked about Gen AI in the post-hype era, as now we're in a sort of "reality check" stage, where business leaders are becoming more cautious and, at the same time, realising AI's true potential: it can transform entire workflows in favour of efficiency; it frees up knowledge workers from repetitive tasks to focus on more strastegic ones; it helps businesses make a better use of their data, a fundamental component of Gen AI integration. 📈 Data is what we're talking about in today's release, as it's one of the most common roadblockers for effective integration. Even the best models can fail miserably if the data feeding them is not properly cleansed, organised, and unified. As data specialists, we know how critical good data management can be in the success of AI initiatives, in today's newsletter we're sharing part of that knowledge with you. In the upcoming weeks, we'll also cover the need for aligning AI strategies with the major business goals and the need for upskilling your team, two huge roadblocks in the corporate Gen AI journey. Subscribe on the link below and discover how to make AI work for you! 👇 https://lnkd.in/dV88dxh7 #Data #GenAI #TechInBusiness #Development #Strategy

Why is overestimating Gen AI’s capabilities a recipe for failure? 🤔 A recent Harvard Business School study explored how generative AI, specifically GPT-4, impacts entrepreneurial performance among 640 Kenyan entrepreneurs. The findings highlight that AI's effect on business outcomes isn't uniform—it all comes down to task selection. Here’s what the study found: 🔹 No Average Effect: On average, AI advice had no overall impact. 🔹 High Performers Thrive: High-performing entrepreneurs experienced a 15% performance boost when leveraging AI solutions. 🔹 Low Performers Struggle: Low performers saw a 10% decline. Why? They often sought AI help with complex tasks, beyond AI's capability to provide effective guidance. How not to be one of the low performers? Don't think of Gen AI as almighty, LLMs are great assistants, but not the best advisors. Approach it with a solid idea of what you need. How to resemble the high performers? Analyse your knowledge work (WINS) needs and understand your workflows. Choose the tasks Gen AI can help you with, make them specific and measurable. Repeat and fine-tune the process. Gen AI is a great tool, and as any tool it'll only be as good as the person using it 🤩 #GenerativeAI #BusinessPerformance #AIInBusiness #Entrepreneurship #Innovation

We are thrilled to announce our acquisition by Acora - IT & Cybersecurity Managed Services, marking the beginning of a new era in IT, Cyber, and AI 🎉 After more than three years in the making, this acquisition is set to transform service standards and drive innovation across the market. Together, we are creating a powerhouse that combines Elastacloud’s expertise in data science and AI with Acora’s strong foundation in IT services. Richard Conway, our CEO, has this to say about this new journey: "Joining forces with Acora is an exciting new chapter for us. At Elastacloud, our partnership with Microsoft spans more than 12 years as specialist data and AI experts. We founded the largest European Azure users group and we have over 100 certified data, AI, and cloud engineers, with many former and current Microsoft MVPs in our senior team. Combined with Acora’s achievement as a top-tier Microsoft MSP, this offers expansive opportunities for our team to explore diverse projects, increase innovation, and advance professionally." Together, we’re ready to set a new standard for technology solutions and drive business transformation and growth like never before! 🙌 Read the full press release to learn more: https://lnkd.in/dp8GEa2H #acquisitionnews #technologyinnovation #AI #datascience #Elastacloud #Acora

How could this increased efficiency transform your legal practice? Find more about it in our upcoming newsletter 'The Data Disruptor'. Subscribe in the link below: https://lnkd.in/dV88dxh7 #Elastacloud #LegalTech #GenAI #Efficiency

We're at the forefront of these trends, helping organisations leverage AI to its fullest potential. Connect with us to explore how we can drive innovation and efficiency in your enterprise. 🚀 Stay ahead, stay informed. Reach out to learn more about how AI can transform your business! info@elastacloud.com #Elastacloud AI #TechTrends #BusinessInnovation

We recently worked with Mitie, Amey and IWG plc on launch projects for Microsoft Fabric's new workload Real-Time Intelligence, enabling actionable insight from real-time data dashboards. Read about some of those projects in our latest blog: #RealTimeIntelligence #MSBuild #FleetAnalytics #CallCentreAnalytics Devang Shah https://lnkd.in/efT8Wczy

Thank you Paschalis Lagias and Randeep Kooner - great to have you at the hack #SERIESAI Microsoft

Knowledge Miner has the capability of sorting through your business' data in seconds. With chat features enabled by Azure OpenAI it is of great help for professionals in the finance and legal fields who need to extract key information from lengthy documents like wills or financial statements. Send us an email so you can kickstart your GenAI journey with Knowledge Miner! info@elastacloud.com