Ram Chakravarti, CTO, BMC Software: On the benefits of AIOps and autonomous digital enterprises

Businesses around the world are looking to AI technologies to increase productivity, minimise risks, and, ultimately, gain a competitive advantage.

AI plays a key role in making what BMC Software calls an ADE (Autonomous Digital Enterprise). These cutting-edge businesses know how to wield the latest technologies to minimise manual tasks and maximise the use of uniquely human talents.

AI News joined Ram Chakravarti, CTO of BMC Software, to discuss autonomous digital...

Cognizant: A “vicious cycle” is holding AI deployments back

A new study from Cognizant’s Center for the Future of Work has found that a “vicious cycle” is holding AI deployments back, with just 20 percent considered leaders that are powering ahead.

Few businesses are at the top of the “AI maturity curve,” according to Cognizant’s framework. Just 20 percent are considered AI leaders while the majority (61%) are “implementers” (defined as making progress, but not yet mature) or beginners (19%).

Respondents in the...

Enterprise AI platform Dataiku announces fully-managed online service

Dataiku has announced a fully-managed online version of its enterprise AI platform to help smaller companies get started.

The data science platform enables raw data to be converted into actionable insights through data visualisation or the creation of dashboards and also supports training machine learning models.

https://www.youtube.com/watch?v=XTBms2LeGII

“Accessibility has always been of the utmost importance at Dataiku. We developed Dataiku Online to address...

Research: Enterprises and consumers want to increase AI adoption

New research from Juniper Networks has found a growing appetite from both enterprises and consumers to use AI technologies.

Juniper surveyed 700 global IT decision-makers for its research and found that most (67%) executives have AI as a top strategic priority for 2021.

95 percent of the respondents believe their organisation would benefit from increasing the use of AI in their daily operations. 82 percent claim it makes employees more productive and 74 percent say it...

State of ModelOps: 90% expect a dedicated budget within 12 months, 80% say risk-management is a key AI barrier

The first annual State of ModelOps report highlights some interesting trends about the real-world adoption of AI in enterprises.

Independent research firm Corinium Intelligence conducted the study on behalf of ModelOp and aims to summarise the state of model operationalisation today.

Stu Bailey, Co-Founder and Chief Enterprise AI Architect at ModelOp, said:

“As the report shows, enterprises increasingly view ModelOps as the key to ensuring operational...

Microsoft considers acquiring Siri creator Nuance for $16 billion

Microsoft is considering acquiring Siri creator Nuance for $16 billion in a deal that’s expected to be announced imminently.

Silicon Valley darling Nuance is one of the world’s most recognisable AI companies for the creation of Siri, the voice assistant that would later go on to become Apple’s first-party solution.

Nuance now focuses its efforts predominantly on enterprise communications, particularly in the healthcare space which has seen increased interest amid...

Research finds 1.4 million UK jobs could be automated this year

According to a Faethm AI forecast, over 1.4 million jobs in the UK could be replaced by automation this year alone.

Faethm’s mission is to prepare the world “for the future of work” by using an AI engine – trained on billions of workforce data points – to predict what jobs need reskilling versus upskilling.

James McLeod, VP of the EMEA region at Faethm, said

“Employers and employees alike need to change their perspective. The future of work is...

Opinion: What is real intelligent automation?

Intelligent automation reduces costs, improves efficiency and allows businesses to initiate change through technology. When applied to business operations or customer services, it has proven to be an invaluable piece of technology as it improves productivity thus saving time in the process with quicker responses. With intelligent automation, manufacturing giant Siemens has driven 10 times faster processes at a tenth of the cost.

However, some software vendors place commodity...

Algorithmia: AI budgets are increasing but deployment challenges remain

A new report from Algorithmia has found that enterprise budgets for AI are rapidly increasing but significant deployment challenges remain.

Algorithmia’s 2021 Enterprise Trends in Machine Learning report features the views of 403 business leaders involved with machine learning initiatives.

Diego Oppenheimer, CEO of Algorithmia, says:

“COVID-19 has caused rapid change which has challenged our assumptions in many areas. In this rapidly changing environment,...

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...