Instrumental Inc.’s Post

“The primary reason why digital transformations go wrong is that organizations find plenty of statistical data but fail to extract meaningful insights.” Live from Taipei: Tim Wu is on stage for an in-depth exploration of Foxconn Industrial Internet’s journey toward becoming an AI-powered Lighthouse factory. Join the conversation at #aim10xontour️ 🎤 #supplychain #digitaltransformation

The #digitalmarketplace is witnessing a transformative shift with the advent of #MachineCustomers—machines that autonomously make purchasing decisions based on pre-programmed criteria. This concept is not just a futuristic idea; it's a present #reality that's reshaping how businesses operate. 🚀 What's New? Recent advancements in #AI and #ML, coupled with #5G connectivity and #blockchaintechnology, have propelled the vision of machine customers from concept to reality. Gartner highlights this trend as one of the biggest #growth opportunities of the decade, predicting that by 2027, 50% of people in advanced #economies will have AI #personalassistants making daily purchases for them. 🤖 Machine Customers in Action Today, we're in the first phase of machine customer evolution. Services like HP Instant Ink and Amazon Dash Replenishment are prime examples where machines perform limited functions as "co-customers," executing tasks within a set ecosystem. These "bound customers" represent the initial step towards fully autonomous purchasing agents. 💡 The Future is Now #CEOs believe that by 2030, 15% to 20% of their #revenue will come from machine customers. The potential to convert billions of machines into customers presents growth #opportunities worth trillions, with #IT leaders playing a pivotal role in developing platforms and applications to cater to these new economic actors. 🌐 Implications for #Businesses The rise of machine customers necessitates a reevaluation of marketing #strategies, customer service, and even legal #frameworks. As machines become more capable of making decisions, businesses must adapt to serve not only human #customers but also their machine counterparts. 🔗 Takeaway Machine Customers are revolutionizing the way we think about #commerce and customer interaction. As we embrace this new era, businesses must innovate to accommodate the unique needs of these non-human economic actors, ensuring they're ready for the autonomous purchasing revolution. #Stayahead of the curve by understanding the implications of Machine Customers for your industry! #MachineCustomers #AutonomousPurchasing #AIinSales #DigitalTransformation #FutureofSales #techjobs #jobs #softwaretechnology #CustomerExperience #TechDrivenBuying #ecommerce

📰 News: 📰 🚀 --Better Artificial Intelligence Stock: TSMC vs. ASML Holding - Dive Into The Data!-- 📊 The PHLX Semiconductor Sector index has been on a tear, boasting an exhilarating 60% gain over the past year. For context, the S&P 500, no slouch itself, managed a still-impressive 28% during the same period. Artificial intelligence has been a massive catalyst, sparking demand for AI chips and sending key players like Taiwan Semiconductor Manufacturing -TSMC- and ASML Holding soaring. TSMC saw an 85% pop in its shares, while ASML enjoyed a 53% rise. But if you had to pick one AI stock to bet on, which should it be? Let’s break it down. Here are some key metrics and figures: - --TSMC owns a whopping 62% market share-- in the semiconductor foundry market, a comfortable lead over Samsung’s 13%. - --ASML's order backlog is an astounding 38 billion euros--, surpassing its full-year revenue forecast of 27.5 billion euros. - --TSMC's revenue-- in the first five months of this year has surged by --27% year-over-year--, with predictions of hitting $85 billion in 2024. Both these companies are deeply entrenched in the evolving AI landscape, but which one holds more promise for future growth? 🤔 We want to hear from you! Share your thoughts and join the discussion below. And don’t forget to follow Bernier Group for more insights and updates on driving business growth through digital transformation! 📈✨ #AIDriven #Digital #AI #Data #SMB #SME #Strategy #Innovation #Business #ArtificialIntelligence #AnniQ https://lnkd.in/e8TkMZKe

Foxconn has done it again! The world's largest contract electronics maker posted higher quarterly net profit and record-breaking revenues, driven by a surge in demand for AI servers. 📈🤖 Key takeaways for business owners: 🔹 AI server demand is skyrocketing, suggesting a massive shift towards AI-driven operations in various sectors. 🔹 With Foxconn’s record revenue, there’s a clear indication that investments in AI infrastructure are paying off. 🔹 This trend is likely to drive advancements in AI technologies, pushing other industries to adopt AI solutions to stay competitive. Potential impacts: - **Tech Industry:** Rapid growth in AI server manufacturing, spurring innovation and competitiveness. - **Manufacturing:** Increased automation and efficiency due to smarter AI integrations. - **Retail & E-commerce:** Enhanced customer experiences through AI-powered data analysis and insights. Are you ready to harness the AI wave? Let’s discuss how your business can leverage these trends for growth! 🚀 👉 If you’d like to sign up to our newsletter (it's free) to join 50,000+ business owners leveraging smart AI systems, click here: https://lnkd.in/gjWhtUK #AI #BusinessGrowth #Innovation #IndustryTrends #TechNews #AIRevolution

📢 HOT OFF THE PRESS! 🔥 Tech aficionados, here's some sizzling news for you! Apple supplier Foxconn is making waves as its Q2 profit surpasses expectations, soaring 6% year-on-year, all thanks to the burgeoning field of AI. 📈🤖 The AI boom is thriving, reshaping industries one venture at a time. So, if you're keen about the intersection of technology and business, this news is a testament to AI's transformative potential.💡 Stay ahead of the tech game with AI automation; this powerful tool streamlines operations, improves efficiency, and drives growth. Outsourcing cloistered tasks to AI automation helps you focus on wider business strategies. 🌐💼 Feeling intrigued? 🤔 Why not delve into this game-changing world of AI yourself? Start today by grabbing our FREE guide on business automation. Don't lose out on this opportunity to overhaul your business strategy and bring it to par with global standards! Witness the automated difference here 👉 https://tally.so/r/mK0qkM #AI #Automation #Foxconn #BusinessAutomation #TechNews.

This 100-year-old #manufacturing conglomerate embraces innovation with #digitaltransformation. 💡 🦾 🚗 Mitsubishi Electric leveraged the 'Working Backwards' methodology from #Amazon to better understand customer needs. Watch now. ▶️ https://go.aws/49scKrw Featuring: 💡 Nobuo Asahi, Sr. General Manager, Digital Transformation Innovation Center, Mitsubishi Electric 💡 Dr. Shoji Tanaka, Sr. General Manager, Corporate AI Strategy, Mitsubishi Electric 💡 Richard Taylor, APJ Innovation Programs Team Lead, #AWS

Manufacturing is evolving with AI-driven solutions like digital twins, automation, and more. In this episode of Supply Chain Now, sponsored by Microsoft, Scott Luton and Kevin L. Jackson, CISSP®,CCSP® are joined by Rahul Shahani from McKinsey & Company. They discuss how these innovations are enhancing productivity, navigating nearshoring, and empowering the workforce while addressing sustainability challenges. 🎥 Watch now: https://bit.ly/4i6EAxr #MicrosoftxNOW2024 #MSFTAmbassador #SupplyChain #Microsoft #McKinsey #Manufacturing #AI #DigitalTransformation #Sustainability #Innovation

🚀 Fridays are for exploring the coolest #DigitalTransformation ideas! This week, check out an insightful blog from Kinaxis on how machine learning and continuous integration are transforming supply chains ➡️ https://bit.ly/4hTvDr8. Curious to see how these innovations can elevate your business #ReadJustOne blog and discover the potential! 👉 Request a demo today: https://bit.ly/3oYqnch #SupplyChain #Innovation #Partnerships

Curious about the latest trends in the semiconductor industry? Our report "From the Source's Mouth" offers exclusive insights into #AI's rising role in driving demand and how companies are managing inventory in a rapidly evolving market. If you want a comprehensive view of upcoming demand, capacity, and #supply trends straight from the source, our report is must-read. Click the link to explore key insights and stay ahead of the curve in the ever-changing #semiconductor industry >>> https://lnkd.in/eRev4eAC #SemiconductorTrends #AIRevolution #InventoryManagement #FusionInsights #FusionWW

Not all chip firms are benefitting from the boom in #artificialintelligence, earnings show, underscoring the complexities of the #semiconductor supply chain and dominance of some companies over others in different parts of the sector. A slew of semiconductor companies have reported financial results for the June quarter, with some smashing expectations and others disappointing, providing a glimpse into how excitement over AI is affecting their earnings. https://lnkd.in/esEq9VXE