AI business strategies
Artificial intelligence software is changing how enterprises conduct business. Machine learning supports data-driven decisions, customer service chatbots follow up on leads, robots in manufacturing boost productivity -- the list goes on. Get advice for building and implementing AI business strategies.
Top Stories
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News
08 Dec 2022
How enterprises determine whether to buy or build AI models
From the USPS to appliance company Conair, organizations employing machine learning technology sometimes need to determine whether it's better to buy or build capabilities. Continue Reading
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Tip
06 Dec 2022
How significant is AI's role in Industry 4.0?
Many examples exist to demonstrate the effectiveness of AI in Industry 4.0. It entails the newest revolution in manufacturing, so naturally advanced tech like AI will play a crucial role. Continue Reading
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Feature
30 Nov 2022
Evaluating multimodal AI applications for industries
Various industries, including healthcare and media, are currently making use of multimodal AI applications and have determined that the benefits outweigh drawbacks. Continue Reading
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News
22 Nov 2022
How Cisco uses AI to find diverse suppliers
The digital communications technology giant employs machine learning vendor Tealbook to gain access to data that fits the types of suppliers it wants. Continue Reading
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News
17 Nov 2022
What Microsoft, Nvidia AI supercomputer partnership means
The public cloud supercomputer will incorporate A100 and H100 GPUs and the chipmaker's AI enterprise software suite. It will enable enterprises to build large AI models at scale. Continue Reading
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Feature
08 Nov 2022
Augmentation a better approach than automation for AI
Fears that robots will replace human workers grow as technologists create new tools that imitate what humans do. Instead, industries should focus on using AI to complement humans. Continue Reading
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News
04 Nov 2022
Finding value in AI in the age of digitization
Even as enterprises invest in AI technology, they are not applying it strategically, although they attempt to change their operations to become more focused on technology. Continue Reading
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Feature
31 Oct 2022
Defining requirements key to manage machine learning projects
Machine learning projects are likely to fail without proper planning. 'Managing Machine Learning Projects' provides guidance on how to plan by defining ML project requirements. Continue Reading
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Feature
31 Oct 2022
Why and when to consider a feature store in machine learning
Feature stores exist to make data for training machine learning models reusable. Explore both the benefits and challenges of feature stores that organizations can experience. Continue Reading
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Tip
25 Oct 2022
How financial institutions can streamline compliance with AI
AI systems help make compliance processes more efficient and effective for financial institutions. Automation can reduce problems like human error and regulatory breaches. Continue Reading
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News
18 Oct 2022
Oracle Cloud Infrastructure incorporates Nvidia GPUs and AI
Nvidia GPU chips will support Oracle Cloud Infrastructure. Also, OCI users will have access to Nvidia's Enterprise AI system and Clara healthcare-specialized platform. Continue Reading
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Feature
07 Oct 2022
The long-term answer to fixing bias in AI systems
The technology is exploding with new developments daily. However, problems with training data can lead to bias. Fixing it requires retraining the data and educating users. Continue Reading
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News
06 Oct 2022
Automation and digital assistants in a post-pandemic world
From the food industry to manufacturing and healthcare, enterprises are looking for more ways to enhance their businesses and scale their growth with digital automation. Continue Reading
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News
04 Oct 2022
RPA vendor Automation Anywhere aims at process discovery
While the vendor's new platform is geared towards automation, the market is shifting. Many enterprises are now moving away from RPA and toward process mining and discovery. Continue Reading
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News
04 Oct 2022
AI Bill of Rights blueprint lacks enforceability
The AI Bill of Rights blueprint offers guidance to businesses, but the White House Office of Science and Technology Policy cannot enforce its recommendations. Continue Reading
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Feature
23 Sep 2022
Industries leading the way in conversational AI
Learn how companies in vertical markets are using conversational AI and even partnering with AI developers for software that's tailored to their unique business needs. Continue Reading
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Tip
21 Sep 2022
Assessing different types of generative AI applications
Learn how industries use generative AI models, which function on their own to create new content and alongside discriminative models to identify, for example, 'real' vs. 'fake.' Continue Reading
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Tip
13 Sep 2022
Successful generative AI examples worth noting
Industries are utilizing generative AI in various ways to successfully generate new content. Learn about successful examples of this technology and how it's expected to expand. Continue Reading
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Opinion
12 Sep 2022
Augmented analytics, decision intelligence power modern BI
Business intelligence is rapidly evolving, and businesses would be best equipped to handle today's data analytics challenges with both augmented analytics and decision intelligence. Continue Reading
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News
09 Sep 2022
How Loram reduces distracted driving with AI technology
The road and rail maintenance company employs technology from a startup AI vendor with a computer vision and deep learning device that alerts unfocused fleet truck drivers. Continue Reading
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News
01 Sep 2022
Nvidia now needs special license to export AI chips to China
The requirement applies to the vendor's A100 and H100 chips. It will also affect competitor AMD's M123O chips. The U.S. move will keep China from accessing advanced GPUs. Continue Reading
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News
30 Aug 2022
Panera's AI drive-through test addresses labor concerns
The restaurant chain is using Tori, a voice assistant from startup OpenCity. The company says its goal is to redirect employees from the drive-through lines to other tasks. Continue Reading
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Feature
24 Aug 2022
How businesses can benefit from conversational AI applications
Conversational AI tools have traditionally been limited in scope, but as they become more humanlike, businesses have realized their potential and applied them to more use cases. Continue Reading
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News
19 Aug 2022
Why you need to consider using small data to train AI models
A smaller data set makes sense for certain applications, such as intelligent document processing. It is not helpful in cases in which a large volume is needed to avoid mistakes. Continue Reading
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Feature
18 Aug 2022
GANs vs. VAEs: What is the best generative AI approach?
Generative AI is gaining steam in the tech sector. Two popular approaches are GANs, which are used more for multimedia, and VAEs, which are used more for signal analysis. Continue Reading
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News
05 Aug 2022
Abbyy aims intelligent document processing at business users
Since its birth three decades ago, Abbyy's trajectory has shifted from old-line OCR tech to the forefront of the fast-growing intelligent document processing sector. Continue Reading
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Feature
05 Aug 2022
New AI ethics advisory board will deal with challenges
Created by the Institute for Experiential AI at Northeastern University, the board will help organizations without internal audit boards but will face some challenges. Continue Reading
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Feature
04 Aug 2022
The white-box model approach aims for interpretable AI
The white-box model approach to machine learning makes AI interpretable since algorithms are easy to understand. Ajay Thampi, author of 'Interpretable AI,' explains this approach. Continue Reading
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Guest Post
04 Aug 2022
Why banks need MLOps for digital transformation
Financial institutions should look to MLOps to ease the development, deployment and management of machine learning models. MLOps is often ignored, yet banking will benefit from it. Continue Reading
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Feature
03 Aug 2022
How the economic downturn is affecting the AI sector
Enterprise budget cutting is slowing AI projects. Vendors may not feel the impact now but likely won't be spared. Meanwhile, venture capitalists have cut back investments. Continue Reading
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News
21 Jul 2022
DataRobot CEO resigns amid turmoil
DataRobot CEO Dan Wright resigned amid turmoil surrounding 'immoral' stock sales and layoffs. His departure follows the protest resignation of DataRobot's chief AI evangelist last week. Continue Reading
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Feature
15 Jul 2022
The future of data science: Career outlook and industry trends
The future of data science as a profession is unclear, as new technologies change the responsibilities of data scientists. It may also soon change the nature of the job. Continue Reading
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Tip
14 Jul 2022
How AI governance and data privacy go hand in hand
Given instances where AI compromise data privacy and security, it's imperative that organizations understand both AI and data privacy can coexist in their AI governance frameworks. Continue Reading
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Feature
11 Jul 2022
Green AI tackles effects of AI, ML on climate change
AI and ML are making a significant contribution to climate change. Developers can help reverse the trend with best practices and tools to measure carbon efficiency. Continue Reading
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News
30 Jun 2022
Siemens forges digital twin deal with Nvidia for metaverse
The industrial powerhouse partners with AI hardware/software vendor Nvidia on digital twins, a metaverse technology increasingly used in industrial and manufacturing settings. Continue Reading
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Feature
30 Jun 2022
How hybrid chatbots improve customer experience
Hybrid chatbots combine human intelligence with AI used in standard chatbots to improve customer experience. Learn how industries are using them to engage with customers. Continue Reading
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Feature
28 Jun 2022
Hybrid AI examples demonstrate its business value
As businesses weigh the potential benefits of implementing AI systems, hybrid AI examples demonstrate the technology's practical value for businesses. Continue Reading
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Tip
24 Jun 2022
Real-world hyperautomation examples show AI's business value
Hyperautomation examples in the real world help businesses automate as many of their processes as possible and achieve their strategic goals. AI is instrumental in these efforts. Continue Reading
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News
23 Jun 2022
Microsoft reins in AI facial and voice recognition tech
The tech giant plans to rein in some of its AI technologies based on facial and voice recognition to reduce or eliminate bias and discrimination and aim for 'inclusive AI.' Continue Reading
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Tip
15 Jun 2022
Weighing quantum AI's business potential
Quantum AI has the potential to revolutionize business computing, but logistic complexities create sizeable obstacles for near-term adoption and success. Continue Reading
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News
13 Jun 2022
Alternative data, multimodal AI tech produce new insights
AI fuels the delivery of new sources of investment and corporate information, such as satellite imagery, contact center audio logs, employee sentiment and social media data. Continue Reading
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Feature
19 May 2022
How AI and automation play a role in ITOps
Tech professionals agree that AI, intelligent automation and cybersecurity play important roles in the enterprise and can revolutionize ITOps when implemented and used correctly. Continue Reading
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News
21 Apr 2022
Chatbots and a tortilla-making robot: Chipotle's AI
The restaurant chain uses the technology to provide recommendations to customers, help with complaints and improve its inventory system. It is also testing out AI in the kitchen. Continue Reading
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Tip
20 Apr 2022
Use an AI governance framework to surmount challenges
As AI governance adapts to the rapidly expanding field of AI, businesses need a holistic framework to surmount challenges with clearly defined roles and responsibilities. Continue Reading
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Feature
13 Apr 2022
Stochastic processes have various real-world uses
The breadth of stochastic point process applications now includes cellular networks, sensor networks and data science education. Data scientist Vincent Granville explains how. Continue Reading
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Feature
11 Apr 2022
Stochastic point processes and their practical value
Data scientists learn and utilize stochastic point processes for myriad pragmatic uses. Data scientist Vincent Granville explains this in his new book. Continue Reading
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News
07 Apr 2022
Making AI systems responsible, competitive and functional
Many enterprises have a tough time building fair and trustworthy models. Doing so could be profitable for enterprises, while not doing so could be catastrophic. Continue Reading
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Feature
04 Apr 2022
Spotify personalizes audio experiences with machine learning
The streaming platform builds models using analytics, data from users and content to create a personalized audio experience for users and try to keep them as long-term customers. Continue Reading
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Tip
01 Apr 2022
How AI ethics is the cornerstone of governance
The concept of AI ethics ensures that AI systems provide accuracy and reliability. Businesses will benefit from adopting AI ethics strategies of their own. Continue Reading
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News
30 Mar 2022
Enterprises not focused enough on AI governance, security
AI has reached a plateau, with many organizations using similar AI and machine learning tools. But enterprises have been slow to implement AI ethics and effective cybersecurity. Continue Reading
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Tip
29 Mar 2022
What is AI governance and why do you need it?
AI governance is a new discipline given the recent expansion of AI. It's different from standard IT governance practices in that it's concerned with the responsible use of AI. Continue Reading
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Feature
25 Mar 2022
Using digital twins simulation to reduce risks in industry
Whether it's fighting wildfires or working in a warehouse, people often encounter dangerous working conditions. Researchers are using digital twin simulation to counter those risks. Continue Reading
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Tip
23 Mar 2022
How businesses can measure AI success with KPIs
Organizations can measure the success of AI systems and projects using a few key metrics. The most important AI KPIs are quantitative, yet others are qualitative. Continue Reading
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Tip
17 Mar 2022
How companies can achieve AI ROI
Companies realize AI for security is crucial to mitigate today's threats and think ROI from such investments is achievable. The investment community is also bullish on the future of AI ROI. Continue Reading
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News
17 Mar 2022
Dialysis lab uses SambaNova, DeLorean AI for renal care
The lab ingests data from test results of kidney patients into the AI engine. The engine finds patterns and provides recommendations for the best care for patients. Continue Reading
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News
17 Mar 2022
China's AI regulations face technical challenge
China's AI regulations ask for things that may not be technically feasible, said Russell Wald, policy director at Stanford University's Institute for Human-Centered AI. Continue Reading
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News
10 Mar 2022
RPA market expected to plateau in the next few years
While the technology was useful during the pandemic, enterprises are shifting away from its simple fix and are looking at more complex ways of automating business processes. Continue Reading
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Feature
07 Mar 2022
Swiss retailer uses open source Ray tool to scale AI models
Ricardo uses Anyscale's Ray for scaling its product classification models. Ray helps enterprises scale their applications from a laptop to the cloud. Continue Reading
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News
03 Mar 2022
Finance firms scrape alternative data from unexpected sources
Investment firms and individual investors use data from sources as diverse as Facebook and TikTok, private jet tracking, geolocation and sentiment analysis to buy and sell securities. Continue Reading
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Feature
03 Mar 2022
Finance industry giants disclose AI challenges
Education, explainability, privacy and integration are some of the problems institutions face when implementing machine learning tools and technology. Continue Reading
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Feature
02 Mar 2022
Enterprise hybrid AI use is poised to grow
Hybrid AI is an approach for businesses that combines human insight with machine learning and deep learning networks. Despite certain challenges, experts believe it shows promise. Continue Reading
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News
23 Feb 2022
SambaNova unveils GPT Banking for financial industry
The product is aimed at giving financial institutions deep learning language capabilities. However, deep learning is hard to navigate in the finance industry. Continue Reading
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News
17 Feb 2022
Nintex expands range by acquiring RPA vendor Kryon
Acquiring Kryon enables Nintex to expand its scale. Robotic process automation is important for enterprises seeking digital transformation in their business. Continue Reading
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Feature
17 Feb 2022
Learn the benefits of interpretable machine learning
In this excerpt from 'Interpretable Machine Learning with Python,' read how machine learning models and algorithms add value when they are both interpretable and explainable. Continue Reading
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Tip
03 Feb 2022
10 top AI and machine learning trends for 2022
Tiny ML, multi-modal learning, responsible AI -- learn about the top trends in AI for 2022 and how they promise to transform how business gets done. Continue Reading
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Feature
27 Jan 2022
Piloting machine learning projects through harsh headwinds
To get machine learning projects off the ground and speed deployments, data science teams need to ask questions on a host of issues ranging from data quality to product selection. Continue Reading
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Tip
26 Jan 2022
AI's growing cybersecurity role
Artificial intelligence capabilities are increasingly used to detect cybersecurity threats. As threats proliferate, AI cybersecurity capabilities will likely be the norm. Continue Reading
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News
25 Jan 2022
IRS facial recognition move raises bias, privacy concerns
The agency requires photo identification for certain services using a face match system from digital ID vendor ID.me, but privacy advocates say the technology is prone to bias. Continue Reading
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Tip
25 Jan 2022
Securing AI during the development process
AI systems can have their data corrupted or 'poisoned' by bad actors. Luckily, there are protective measures developers can take to ensure their systems remain secure. Continue Reading
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Feature
21 Jan 2022
How cloud RPA is key to automation's future
Companies have traditionally used robotic process automation (RPA) as on-premises software but are now embracing cloud RPA as its business benefits are outweighing the drawbacks. Continue Reading
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News
20 Jan 2022
New U.S. Chamber of Commerce commission to promote AI
The bipartisan commission includes experts with a variety of technology backgrounds and is led by two former congressmen. A report by the commission is expected later this year. Continue Reading
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News
12 Jan 2022
Mostly AI plans to use $25M funding for responsible AI efforts
The synthetic data vendor works with customers in Europe and North America. Experts say more than half of AI projects will be created using synthetic models by 2024. Continue Reading
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News
06 Jan 2022
AI vendor Fractal kicks off 2022 with $360M fund raise
The AI vendor's fundraising success shows investors' willingness to pump money into vendors that are applying AI in vertical industries. Continue Reading
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News
29 Dec 2021
AI is the game-changer needed in customer service
The holiday season is a busy time for call center agents. However, problems in the CX industry are leading organizations to turn to machine learning for optimization. Continue Reading
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News
23 Dec 2021
RPA vendor Automation Anywhere to acquire FortressIQ
The acquisition is expected to help the vendor advance its AI platform with process discovery, while giving it a well-rounded product in time for its public offering. Continue Reading
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Feature
20 Dec 2021
Q&A: How retail AI tools can help combat inflation
Prices for food, gas and more have risen during the past year. Revionics' senior director of retail innovation discusses how retail AI tools can help companies navigate inflation. Continue Reading
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Feature
20 Dec 2021
Why TinyML use cases are taking off
TinyML technology can successfully collect and analyze data in real scenarios, as demonstrated in various use cases. Continue Reading
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Feature
16 Dec 2021
Language models and the metaverse top AI stories of 2021
From moves toward government regulation to the metaverse, language models getting bigger and autonomous vehicle tech slowing, these are some of the biggest stories of the year. Continue Reading
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News
15 Dec 2021
8 AI headlines expected in 2022
As 2021 draws to a close, some of the biggest AI headlines next year will likely involve regulation, automation, the Great Resignation and larger language models. Continue Reading
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Feature
03 Dec 2021
A look at Honeywell's digital transformation strategy
The century-old, multinational conglomerate is going through internal and external changes. The survival of its brand will depend on maintaining its trust and reputation. Continue Reading
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News
30 Nov 2021
AWS AI for analytics partner tool simplifies model building
AWS' new AIDA program helps close the tech skill gap, the tech giant said. Enterprises can use languages like SQL to embed ML software tools using Amazon SageMaker Autopilot. Continue Reading
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Feature
18 Nov 2021
Why optimizing machine learning models is important
A look at why AI needs optimization and how it speeds up inferencing, helps deploy models on small devices and reduces memory footprint. Continue Reading
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News
15 Nov 2021
DataRobot introduces AI Cloud for Industries
The independent AI vendor has created a taxonomy for specific industries by building out its AI Cloud platform on which customers can take advantage of industry-specific services. Continue Reading
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Feature
12 Nov 2021
Predictive analytics vs. machine learning
Machine learning lends itself to various applications, while predictive analytics focuses on forecasting specific variables and scenarios. Learn what they can do when combined. Continue Reading
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News
09 Nov 2021
Biden's top science advisor working on AI bill of rights
A national AI bill of rights could include the rights to transparency and data governance, according to Biden's top science advisor. Continue Reading
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Feature
29 Oct 2021
Strategies to successfully deploy AI in the enterprise
Deloitte executive director Beena Ammanath talks about ways businesses can see successful return on their investment and deployment of artificial intelligence. Continue Reading
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News
08 Oct 2021
Examining both sides of the AI regulation debate
Some government and business leaders want more AI regulation to ensure that systems don't discriminate against or harm others. Others say too much regulation will stifle innovation. Continue Reading
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News
05 Oct 2021
Mailchimp AI tool targets small-business email marketing
The veteran email marketing vendor's new tool, the result of its purchase of martech vendor Inspector 6, is aimed at boosting small businesses' email campaigns with AI. Continue Reading
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News
01 Oct 2021
Experts cautious about Apple's mood-detecting AI research
The tech giant is working with UCLA to develop technology that uses facial recognition, sleep, typing patterns and other data points to detect emotion. But some are cautious. Continue Reading
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Feature
28 Sep 2021
Capitalizing on the many artificial neural network uses
Neural networks have many use cases. Businesses interested in using AI should consider both the challenges and potential gains of deploying neural nets. Continue Reading
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Feature
21 Sep 2021
AI carbon footprint: Helping and hurting the environment
Companies can use AI to help the environment, including by using it to prevent forest fires and reduce factory waste. At the same time, AI has its own carbon footprint. Continue Reading
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News
21 Sep 2021
Deloitte AI Academy: A training ground for AI talent
The global consulting giant's new AI Academy will provide supplemental education that closes the gap between the knowledge of AI tools and domain experiences and applications. Continue Reading
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Feature
08 Sep 2021
Expanding explainable AI examples key for the industry
Improving AI explainability and interpretability are keys to building consumer trust and furthering the technology's success. Continue Reading
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Feature
31 Aug 2021
AI and climate change: The mixed impact of machine learning
AI can both help and hurt the environment. While companies use artificial intelligence to increase factory efficiency and lower energy costs, training AI demands a lot of energy. Continue Reading
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Feature
26 Aug 2021
Energy consumption of AI poses environmental problems
Data centers and large AI models use massive amounts of energy and are harmful to the environment. Businesses can take action to lower their environmental impact. Continue Reading
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Feature
19 Aug 2021
AI accountability: Who's responsible when AI goes wrong?
Who should be held accountable when AI misbehaves? The users, the creators, the vendors? It's not clear, but experts have some ideas. Continue Reading
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Feature
12 Aug 2021
Why transparency in AI matters for businesses
To ensure model accuracy, businesses need to understand why their machine learning models make their decisions. Certain tools and techniques can help with that. Continue Reading
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Feature
23 Jul 2021
Building trustworthy AI is key for enterprises
Organizations need to focus on transparency in models, ethical procedures and responsible AI in order to best comply with guidelines for developing trustworthy AI systems. Continue Reading
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Feature
09 Jul 2021
The benefits of an AI-first strategy
Enterprises should put AI first in their business strategies by constantly collecting and using new data to power AI models, argues startup investor Ash Fontana. Continue Reading
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Feature
09 Jul 2021
A guide to artificial intelligence in the enterprise
AI in the enterprise will change how work is done, but companies must overcome various challenges to derive value from this powerful and rapidly evolving technology. Continue Reading
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Tip
30 Jun 2021
9 top applications of artificial intelligence in business
The use of AI in business applications and operations is expanding. Learn about where enterprises are applying AI and the benefits AI applications are driving. Continue Reading
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Tip
28 Jun 2021
How to formulate a winning AI strategy
Executives are aware of the value artificial intelligence in its many forms can bring to enterprises yet devising a viable AI strategy can be as complex as the technology itself. Continue Reading