Eggplant launches AI-powered software testing in the cloud

Automation specialists Eggplant have launched a new AI-powered software testing platform.

The cloud-based solution aims to help accelerate the delivery of software in a rapidly-changing world while maintaining a high bar of quality.

Gareth Smith, CTO of Eggplant, said:

“The launch of our cloud platform is a significant milestone in our mission to rid the world of bad software. In our new normal, delivering speed and agility at scale has never been more...

6 October 2020 | Cloud

Global spending on AI ‘expected to double in four years’, says IDC

Worldwide spending on artificial intelligence (AI) is forecast to double over the coming for years to hit $110 billion by 2024, according to new data from IDC.

The figure, which comes from the analyst firm's latest Worldwide Artificial Intelligence Spending Guide, calculates a CAGR of 20.1% as adopting AI becomes a 'must' in the enterprise.

In particular, companies will utilise AI to deliver a better customer experience, as well as help employees to become better at...

27 August 2020 | Adoption

Microsoft: The UK must increase its AI skills, or risk falling behind

A report from Microsoft warns that the UK faces an AI skills gap which may harm its global competitiveness.

The research, titled AI Skills in the UK, shines a spotlight on some concerning issues.

For its UK report, Microsoft used data from a global AI skills study featuring more than 12,000 people in 20 countries to see how the UK is doing in comparison to the rest of the world.

Most notably, compared to the rest of the world, the UK is seeing a higher failure...

12 August 2020 | Adoption

Moveworks raises $75m in series B funding to accelerate conversational AI for IT support

Moveworks has raised $75m in a series B funding round to boost its conversational AI technology for automated IT support as the company says it is ‘still in its first inning.’

The round was led by new investors ICONIQ Capital, Kleiner Perkins and Sapphire Ventures. Along with these new investors, existing investors like Lightspeed Venture Partners, Bain Capital Ventures, and Comerica Bank. The fundraiser also received personal investment from John W. Thompson, partner at...

15 November 2019 | Enterprise

Elif Tutuk, Qlik: On securing data literacy and the evolution of AI with BI

This time last year, a fascinating report from venture capital firm Work-Bench assessed the future of enterprise software.

The study argued that the largest technology companies were winning at artificial intelligence (AI) – not surprising, given they can hoover up all the best talent – but more importantly, business intelligence (BI) vendors wanting to ensure their future going forward needed to beef up their skillsets with AI. “Expect all modern BI vendors to release an...

16 September 2019 | Big Data

IDC: Half of AI projects fail for one in four companies

Research from IDC has found that half of AI projects fail for one in four companies on average.

Put in such a context, the research offers little comfort for businesses considering AI investments. On the other hand, it means half of AI projects are successful for three out of four companies; a far more incentivising statistic.

The two leading reasons for an AI project failing are:

A lack of required skills.Unrealistic expectations.

IDC’s research found...

9 July 2019 | Enterprise

Accenture: How automation, augmentation and innovation will mean success in AI initiatives

According to a report from Accenture, artificial intelligence is forecast to double economic growth by 2035. The opportunity is a big one; the chance to transform business, as well as society in general, is there – but overcoming ethical and technological roadblocks needs to occur before progress is truly made.

Cyrille Bataller (left), managing director of emerging technology innovation at Accenture, has been involved with artificial intelligence in some capacity for the...

18 June 2019 | Enterprise

Infosys: On how edge computing and blockchain will be key in different ways for AI

Artificial intelligence (AI) has gone beyond the way of the buzzword, all hype and no substance. Indeed, the technology is being increasingly seen in the enterprise as important in concert with other technologies such as the Internet of Things (IoT) and edge computing.

A report from KPMG last month explored how artificial intelligence would look to influence business. Among millennial respondents, AI came out on top as the biggest technological priority, ahead of IoT and 5G. Yet...

7 June 2019 | Blockchain

93% of firms committed to AI – but skills shortage posing problems

According to new research from software provider SnapLogic, many firms have fully invested in AI but more than half do not have the required in-house talent to execute their strategy.

As the study notes, 93% of US and UK organisations consider AI to be a business priority. However, more than half (51%) acknowledge that they do not have the right mix of skilled AI talent in-house to bring their strategies to life.

In order to build the right AI team, 68% said that they...

21 May 2019 | Enterprise

AI in the workplace: a blessing, not a curse

Artificial intelligence is beginning to permeate many aspects of our daily lives – it’s embedded into apps on our smartphones, leading the charge in entertainment, it’s helped to modernise industries such as manufacturing and the supply chain, and it’s promising to make a big difference in the world of medicine.

At its core, AI has a huge amount of potential to improve the way people work: think automating cumbersome processes, or helping employees be more efficient by...

9 May 2019 | Enterprise