Data driven leadership: trends and opportunities

According to a survey by Harvard Business Review Analytic Services, almost 75% of organisations don’t have a leadership that supports a data-driven culture or nurtures analytics-led innovation. Alarmingly, 24% of respondents say their company culture tends to limit access to information, and 20% think that organisational structure impedes use of analyzed data.

Executives also report that the adoption of analytics is at a standstill, and they have yet to realise the long-term...

Olivia Bushe, FlowForma: Why your company needs business process automation

Olivia Busche, CEO, FlowForma

Could you tell us a little bit about FlowForma and what it offers?

FlowForma is the leading provider of enterprise-class, no-code business process management and automation tools, dedicated to making intuitive and affordable process automation tools that empower businesspeople to work smarter and faster. We are business process management, automation, workflow and digital transformation experts that enable business users across all sectors to digitize, transform and...

Data scientists’ pay could hit £100k in 2022 amid ‘white hot’ jobs market

According to a forecast by Randstad, the salaries of leading data scientists could hit £100,000 by April 2022 amid a “white hot” jobs market.

A large number of vacancies across many sectors of the jobs market are leading employers to offer higher salaries to attract and retain staff. With inflation expected to hit five percent next year, workers are simultaneously looking for pay increases to keep pace with the cost of living.

Adrian Smith, Senior Director of...

CEBR: Automation increases US/UK business revenues, boosts economic resilience

Research conducted by the Centre for Economics and Business Research (CEBR), in conjunction with SnapLogic, has found that automation is having a profound impact on the monthly revenues of UK businesses.

Within three months of investment in automation technologies, UK companies saw an average increase of five percent – or £14 billion – per month.

The impact on US businesses was even higher. Over the same three-month period, US companies witnessed an average...

BT uses epidemiological modelling for new cyberattack-fighting AI

BT is deploying an AI trained on epidemiological modelling to fight the increasing risk of cyberattacks.

The first mathematical epidemic model was formulated and solved by Daniel Bernoulli in 1760 to evaluate the effectiveness of variolation of healthy people with the smallpox virus. More recently, such models have guided COVID-19 responses to keep the health and economic damage from the pandemic as minimal as possible.

Now security researchers from BT Labs in Suffolk...

IBM enhances Watson Discovery’s natural language processing capabilities

IBM has announced enhancements to the natural language processing (NLP) capabilities of Watson Discovery.

Watson Discovery is an AI-powered intelligent search and text-analytics platform that can retrieve critical information buried in enterprise data.

In one case study, Woodside Energy had no way to retrieve the 30 years’ worth of valuable engineering and drilling knowledge that was buried in unstructured documentation. Using the existing NLP capabilities of Watson...

GTC 2021: Nvidia debuts accelerated computing libraries, partners with Google, IBM, and others to speed up quantum research

Nvidia has unveiled 65 new and updated software development kits at GTC 2021, alongside a partnership with industry leaders to speed up quantum research.

The company’s roster of accelerated computing kits now exceeds 150 and supports the almost three million developers in NVIDIA’s Developer Program.

Four of the major new SDKs are:

ReOpt – Automatically optimises logistical processes using advanced, parallel algorithms. This includes vehicle routes, warehouse...

Tencent Cloud unveils three world-class AI chips

AI Chips

Tencent Cloud claims to have developed three world-class AI chips that substantially outperform rivals, although details at this point are scarce.

The third largest cloud services company in China, following Alibaba and Huawei, Tencent recently revealed the three chips at its 2021 Digital Ecology Conference.

Current information on the three chips can be summarised as follows:

Zixiao – an “AI reasoning” chip that supposedly offers 100 percent better...

QuEST partners with NVIDIA to deliver next-gen AI solutions in Japan

QuEST has extended its partnership with NVIDIA to accelerate the digital transformation of Japanese businesses with next-gen AI solutions.

NVIDIA named QuEST an Elite Service Delivery Partner in the NVIDIA Partner Network (NPN) back in June.

Through NPN, QuEST has early access to NVIDIA platforms, software, solutions, workshops, and technology updates. The previous agreement only covered the USA but NVIDIA has now extended the collaboration to Japan.

Masataka...

Paravision boosts its computer vision and facial recognition capabilities

US-based Paravision has announced updates to boost its computer vision and facial recognition capabilities across mobile, on-premise, edge, and cloud deployments.

“From cloud to edge, Paravision’s goal is to help our partners develop and deploy transformative solutions around face recognition and computer vision,” said Joey Pritikin, Chief Product Officer at Paravision.

“With these sweeping updates to our product family, and with what has become possible in terms...