A major issue executives and tech leaders face today: Using AI to drive business without a solid data strategy. According to a recent report from MIT Technology Review, 82% of C-suite executives and senior tech leaders (from a survey of 300) view scaling AI applications as crucial, yet 45% struggle with integrating data effectively. They face challenges that include managing large data volumes, migrating data to the cloud, and providing real-time access. It’s also highlighted that while generative AI could add trillions to the global economy, its success largely depends on having robust data strategies. For industries under tight regulations, data governance and security are especially important, with 44% of respondents marking it as a critical hurdle. The need for scalable and adaptable data management solutions is clear. These solutions make sure our AI technologies can handle today's demands and tomorrow's changes. As leaders, our focus should be on building strong data systems that are both current and future-proof. By ensuring our systems are robust and versatile, we position our organizations to thrive in a dynamic, ever-changing marketplace. Link to article: https://lnkd.in/db7E4Bzn #AI #DataStrategy #GenAI
Javier Andrés Bargas-Avila’s Post
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It’s exciting to be featured in such prominent media as Intelligent CIO Middle East with my latest article, exploring the crucial role of #AI in enhancing decision-making processes. A big thanks to the Intelligent CIO team for this opportunity! In our swiftly evolving #digital landscape, the rapid pace of digital transformation necessitates not only quick but also astute decisions. Meanwhile, as technological advancements continue to complexify data architectures and cloud environments, they bring challenges to business expansion and decision-making – these developments have significantly increased the pressure on CIOs. Therefore, how can we streamline this complexity and boost the speed and accuracy of the decisions? Enter AI – this transformative #technology offers robust decision support systems that can sift through complex data, providing timely and actionable insights. For a deeper understanding of how AI can be your strategic ally in decision-making, check out the full article here: https://lnkd.in/e38_J5wr
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🌟 Exciting Webinar Alert! 🚀 Join us for an insightful discussion on "The Transformative Impact of AI in Cloud and Storage" and discover the best practices to turn your business from digital to AI-assisted! Artificial Intelligence (AI), particularly generative AI, has reshaped the enterprise IT landscape, revolutionizing everything from cloud infrastructure to data management and privacy. While the promise of organizational efficiencies and innovation with AI is undeniable, it's essential for businesses to navigate the complex terrain of data privacy considerations. Join us as we explore the risks and opportunities associated with aligning your organizational strategy with technological advancements. Key topics we'll cover include: ✅ AI Technology Disrupting the Cloud and Data Center Ecosystem: Explore how AI is transforming traditional IT infrastructure, enabling scalability and efficiency like never before. ✅ Data Privacy Considerations: Learn about the importance of safeguarding sensitive data in the AI-driven era and strategies for ensuring compliance with regulatory requirements. ✅ AI Performance Determinants: Discover the key factors influencing the performance of AI systems and how to optimize their capabilities for maximum impact. ✅ Analyst Advice for Businesses to Pivot from Digital to AI Assisted: Gain valuable insights and recommendations from industry experts to guide your organization's transition towards AI-driven solutions. Don't miss out on this opportunity to gain valuable insights and strategies for leveraging AI in cloud and storage! Reach out to me directly with any questions or comments, and I'll be delighted to facilitate a follow-up discussion with our analysts. See you there! 💼💡 #AI #CloudComputing #DataPrivacy #Webinar #TechTransformation
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In today's competitive landscape, harnessing data, analytics, and AI is crucial for organizational growth and differentiation. Key points include: Widespread Adoption: Over 52% of future-ready organizations leverage data and analytics at scale. Strategic Alignment: Aligning data and AI initiatives with business goals enables swift ROI and enterprise-wide transformation. Core Competitive Asset: Data-driven reinvention positions data as a central competitive asset. Scaling with Cloud: Using cloud technology to scale AI capabilities extends offerings and enhances data maturity. Operational Efficiency and Innovation: Data and AI boost efficiency and drive innovation, keeping businesses ahead in dynamic markets. Industry Impact: Sectors like retail and healthcare showcase data and AI’s transformative impact, from personalized experiences to improved outcomes. By prioritizing data strategies and investing in AI and cloud technologies, organizations unlock growth opportunities and sustain competitive advantage. For more info: https://lnkd.in/gMSh-JV7 #DataDriven #AI #Analytics #BusinessGrowth #DigitalTransformation #Innovation #CloudComputing #CompetitiveAdvantage #FutureReady #TechLeadership #agilebusinessconcepts #agile
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In today's competitive landscape, harnessing data, analytics, and AI is crucial for organizational growth and differentiation. Key points include: Widespread Adoption: Over 52% of future-ready organizations leverage data and analytics at scale. Strategic Alignment: Aligning data and AI initiatives with business goals enables swift ROI and enterprise-wide transformation. Core Competitive Asset: Data-driven reinvention positions data as a central competitive asset. Scaling with Cloud: Using cloud technology to scale AI capabilities extends offerings and enhances data maturity. Operational Efficiency and Innovation: Data and AI boost efficiency and drive innovation, keeping businesses ahead in dynamic markets. Industry Impact: Sectors like retail and healthcare showcase data and AI’s transformative impact, from personalized experiences to improved outcomes. By prioritizing data strategies and investing in AI and cloud technologies, organizations unlock growth opportunities and sustain competitive advantage. For more info: https://lnkd.in/gK2CRi5t #DataDriven #AI #Analytics #BusinessGrowth #DigitalTransformation #Innovation #CloudComputing #CompetitiveAdvantage #FutureReady #TechLeadership #agilebusinessconcepts #agile
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AI Market will surge to $1trillion! Bain & Company’s latest report projects the AI market will surge to $1 trillion by 2027. What’s fueling this growth? Here is the growth drivers- [1] Generative AI is scaling fast, reshaping industries, and driving innovation. [2] AI-related services (cloud, consulting, etc.) will account for 40-55% of the market. [3] Demand for AI chips is expected to rise by 30%+ by 2026, raising concerns over supply chain shortages. [4] Data centers powering AI will see their costs soar from $1B to $10B, reflecting the need for bigger infrastructure. You know, AI isn’t just some futuristic thing anymore—it’s actually becoming a core part of how businesses are run today. But companies really need to rethink how they operate, like how their teams work and how decisions are made, to truly get the value out of it. It’s more about changing the way they do things, not just adding more tech. Do you think AI can enhance efficiency of the employees? Let me know in the comment box and stay tuned Nilesh Dasri for such more updates! #financiallearning #financialplanning #financialgrowth #financialfreedom
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Tech leaders, entrusted with the responsibility of advancing generative AI implementations, face the dual challenge of ensuring progress while maintaining vigilant oversight of cloud expenditures. CEOs, keen on understanding the timeline for realizing returns on AI investments, turn to their CIOs for expert guidance in navigating the swiftly changing regulatory landscape. All in all, a busy year lies ahead for CIOs as they navigate the complexities of emerging technologies and evolving regulatory frameworks. Here are seven business tech trends to monitor in 2024: #CIO #businesstrends #ai #artificialintelligence
7 business technology trends to watch in 2024
ciodive.com
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✨ Let's unlock the power of AI with Google Cloud at Big Data & AI World 2024! On 9-10 October, join us to explore how AI is transforming industries and how #GoogleCloud is leading the charge in AI innovation. Don't miss these insightful sessions: ✅ Customer success stories: Unlocking the power of AI ✅ Build with Google AI ✅ AI powered transformation: How Google Cloud is redefining business innovation ✅ AI in action: Real world use cases and implementation strategies ✅ Build with Google AI Secure your spot today!
Register Now - Big Data & AI World Asia 2024
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Digital transformation is driven by several key factors that are reshaping industries globally. First, the rapid advancement of technology, including AI, machine learning, and cloud computing, enables businesses to streamline operations and enhance customer experiences. Second, the demand for data-driven decision-making has made analytics and big data crucial for gaining insights and driving innovation. Third, consumer expectations for seamless, personalized digital experiences push organizations to adopt new technologies. Fourth, the need for greater operational efficiency and cost reduction is prompting automation and digital tools to replace traditional processes. Finally, external pressures such as regulatory changes and the necessity for business continuity in times of crisis, like the COVID-19 pandemic, have accelerated digital adoption. Together, these factors are not only transforming business models but also reshaping entire industries. 👉 Connect with us: https://bit.ly/3W0YNbZ 📩 contact@synkriom.com #Synkriom #DigitalTransformation #TechTrends #technology #ai #leadership #ml #inovation #cloudcomputing #bigdata #automation #technologytrends #CulturalTransformation #DigitalTransformationTrends2024 #digitalteam #teamsynkriom #usa #digitalbusinesstransformation
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Despite the confusion surrounding #AI adoption, there's a positive outlook among business leaders. Our recent survey reveals that while a small fraction currently use AI, those who do are seeing tangible benefits and exploring further applications. Download to find out more about AI on our website: https://lnkd.in/e9fsnUBF Yet, barriers persist, with some leaders hesitant to embrace AI's potential. In today's economic climate, sticking to traditional methods risks missed opportunities for growth and efficiency. AI isn't about replacing humans but enhancing their capabilities. It automates tedious tasks, freeing up talent for more strategic roles and potentially closing skills gaps in organisations. While concerns about AI remain, its current impact is overwhelmingly positive. Organisations should embrace AI's potential to thrive in today's challenges and emerge stronger. #digitalinnovation #businessintelligence #digitaltransformation #cloudcomputing #cloud #network #accounting #automation
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Many people mistakenly believe that merely having the technical skills to understand Cloud applications is sufficient to transform a business. However, this is not the case. My name is Arian Saddam Hossain, CEO at DdF (Designers do Futuro), and through our platform Discovery AI, we provide tailored AI solutions for specific business challenges. While my primary role is to promote the widespread adoption of AI, I also emphasize the importance of utilizing Cloud services to make these AI solutions effective. To effectively harness the power of the Cloud, one must understand its capabilities and potential benefits. It's not necessary to delve into the technical complexities, but a solid grasp of how the Cloud can enable the development of new products and services or revolutionize business processes is essential. Most organizations and individuals lack the computing and data storage capacities that the Cloud offers, which are crucial for many AI applications. Embracing this technology is essential to avoid falling behind in the competitive landscape, and leaders need to comprehend the fundamental advantages of accessing Cloud-based services. Ultimately, business leaders must possess a conceptual understanding of how these technologies can enhance their companies, products, and services. This understanding extends beyond the technical aspects to practical applications, particularly in the realm of Artificial Intelligence, which requires a visionary approach. Recognizing how to effectively leverage Cloud-based technologies for business innovation and transformation is vital. This combination of technological insight and strategic foresight is key to maximizing the potential of AI and the Cloud. #AI #ArtificialIntelligence #Cloud #DiscoveryAI
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Senior UX Researcher | PhD in Learning Sciences
3moVery interesting. Thx for sharing!