Accelerating the adoption of AI in FS through robust data foundations and trusted, AI-powered insights from unstructured and structured data
This is a great episode packed with content and well worth 30 minutes of your time if you're in a role that is touched by #data, #analytics or #AI - so that's everyone...! Key points for me were: 👉 We're going from the Big Data movement to the Better Data movement 👉 How to create rich, robust, AI ready data products 👉 The scope for unstructured data screening is huge; versus structured data its 2x for unstructured text and 9x for images and video 👉 How AI is improving data literacy and helping data citizens engage better with data and lowering barriers to entry 👉 Those who are having most success start at the outcomes they are looking to drive for lines of business through data and AI and work backwards (a recurring theme that is relevant to all areas that data is used in business imo) 👉 The data foundation is key to ensure quality and reliable outcomes from data used in AI - are you collecting the right data? Is it robust enough to train an AI system? Is it in the right format for AI to find patterns and drive insight? 👉 Coupled with this - How are your end users going to consume the data these models create? How do we make it easy to consume, gain insights and drive decisions? 👉 AI informs your data strategy, as well as being part of it... 👉 Retrieval Augmented Generation is going to provide huge benefit to internal use cases - and Qlik is bringing a solution to market this year 👉 AI agents are going to create networks of intelligence to accelerate chain of thought processes and deliver insights faster and more effectively Much more more was discussed by Ronald van Loon, James Fisher and Nick Magnuson, and check out the rest of the Visionary Voices in AI series if you'd like to hear more thought leadership on the latest in the AI, data and analytics space. #AI #GenAI #data #analytics #dataproduct #datafoundation #dataliteracy #structureddata #unstructureddata #RAG #LLMs
Ready to turn #AI innovations into real business solutions? Catch us tomorrow for the second installation of our Visionary Voices in AI series! Our host Ronald van Loon will join Qlik’s Chief Strategy Officer James Fisher and Head of AI Nick Magnuson dissect major AI and data trends and share how to apply them to your business strategy. Don’t miss out – register now: https://bit.ly/3TxscMP
Co-Founder of Altrosyn and DIrector at CDTECH | Inventor | Manufacturer
9moYour insights on transitioning from the Big Data movement to the Better Data movement resonate with the evolving landscape. Considering the focus on unstructured data screening, how do you envision addressing potential challenges related to privacy and ethical considerations, especially with the increased utilization of images and video data? You talked about AI improving data literacy; in this context, how can organizations effectively foster data literacy among their teams to ensure responsible and informed data usage? Delving deeper, can you share thoughts on implementing AI agents in diverse industries, such as healthcare or finance, and the unique challenges they might encounter in these sectors?