Artificial intelligence (AI) is no longer a distant concept – it’s already here, and it’s reshaping the way businesses and society operate. This presents both challenges and opportunities, and as a business leader, your ability to keep up with the intricate world of emerging technologies such as artificial intelligence is crucial. Preparation and execution are […]
Demystifying Large Language Models: Practical Insights for Successful Deployment
There is no escaping the excitement and potential that generative AI has been commanding recently, particularly with regard to large language models (LLMs). The release of GPT-4 in March 2023 has produced a strong gravitational pull, resulting in enterprises making clear and intentional moves toward the adoption of the latest LLM technology. As a result, […]
Digital Transformation 101
Digital transformation is a digital technology-aided transformation of the fundamental dynamics of a business’s operations. It enables organizations to streamline processes, enhance collaboration, and leverage data analytics for informed decision-making. To comprehend this transformative process, it is crucial to explore the key technological advancements and disruptions that have catalyzed this shift. One of the most […]
Ethical Web Data Collection Initiative Introduces Certification Program
According to a new press release, The Ethical Web Data Collection Initiative (EWDCI) has launched a certification program aimed at enhancing transparency and ethical practices in the web data collection industry. This consortium, composed of web data collectors, seeks to foster public trust, promote ethical guidelines, and facilitate informed data extraction decisions for businesses and […]
Powering Smart Video Analytics Through Advanced Storage Technology
Smart video analytics is a powerful technology that processes and analyzes video data in order to extract insights and help make data-informed decisions. Growing in popularity, this innovative technology is improving the way we live and work today, as well as evolving to profoundly and positively change our lives in the future. Smart video is […]
Akkio Launches Generative Business Intelligence Tool for SMBs
According to a new press release, Akkio, a leader in generative business intelligence for small and medium businesses (SMBs), has launched Generative Reports, an AI tool designed to transform data into actionable insights instantly. This first-of-its-kind tool empowers SMBs by allowing them to connect their data and describe their project, after which Generative Reports automatically […]
Teradata and UiPath Partner to Help Organizations Automate Insights for ESG Initiatives
According to a new press release, UiPath and Teradata have announced a partnership aimed at helping enterprises automate complex data applications directly at the source. This collaboration is particularly focused on harnessing data for environmental, social, and governance (ESG) initiatives. By combining UiPath’s automation capabilities with Teradata’s analytics and AI expertise, the two companies aim […]
Weed Out Bad Data to Make Better Business Decisions
With data powering just about every modern business, the saying “garbage in, garbage out” is more relevant today than it’s ever been. Any data-based application, whether it’s a simple analytics engine or an advanced AI model, is only as effective as the data it’s fed. For any organization to become truly data-driven, they must weed […]
Transforming Decision-Making Processes
On a typical day, managers spend 37% of their time making decisions, according to a McKinsey study. Decisions are the lifeblood of a business and need to be made with accuracy and speed. The manual and complex process of decision-making today amounts to 530,000 days of lost productivity and roughly $250 million in labor costs for the […]
Blockchain-Based LLMs: A Game Changer for Data Privacy Protection
In today’s digital age, data privacy has become a major concern for individuals and organizations alike. With the increasing number of data breaches and unauthorized access to personal information, the need for robust data privacy protection measures has never been more pressing. That’s where blockchain-based large language models (LLMs) comes into play. Blockchain is a […]