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Showing posts from October, 2023

Applied AI is a rose – understand the thorny challenges

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  Applied AI – the application of AI technology in business, is skyrocketing. An   Accenture report on AI   revealed that 84% of business executives believe that AI adoption would drive their business growth.   Applied AI   empowers businesses with end-to-end process automation and continuous process improvement for greater productivity and profitability. However, applied AI is like a rose garden. AI-powered business applications are enticing, but you should be aware of the thorns surrounding the flowers. You need to use frameworks such as Responsible AI while embracing AI for your business. You should understand potential risks such as adversarial attacks and data poisoning. Understanding these concepts will help you address common hiccups in AI adoption for business before they choke your initiatives.  Responsible AI   Artificial intelligence is powerful. When used responsibly, AI can be a solution to many problems and change the world. It can be the biggest problem to society when u

Four technology trends reshaping the Future of the Manufacturing Industry in 2023

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  Manufacturing is fundamentally about innovation. It boosts economic capacity, strengthens workforces, and opens doors to progress and opportunities. Since the industrial revolution, a lot has changed, and the industry has become much more complicated. Changing customer demands, labor issues, supply chain disruptions, technological breakthroughs, and sustainability requirements are all driving the industry’s once-in-a-century revolution right now. In this blog, we will talk about four crucial trends that are   reshaping manufacturing   on the lines of innovation:  Empowering a connected workforce  Nurturing intelligent engineering and factories with the industrial metaverse  Establishing agile supply chains  Accelerating sustainability  According to Dominik Wee, CVP of Manufacturing and Mobility at Microsoft, AI has more tremendous potential for the manufacturing sector than any other field, and he ascertains that we have merely glimpsed the tip of the iceberg of what is possible!  To

Data cataloging, data governance, and data quality: All you need to know

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  The pace at which data is growing is exponential. With new data sources being created and connected, enterprises are overwhelmed with data management. Furthermore, integrating insights from AI and IoT and harnessing all the data for business outcomes becomes even more challenging. However, everyone across all organizational levels, including CDOs, data analysts, and customer support, wants to harness data strategically to drive their organization ahead. In this evolving business landscape, organizations increasingly rely on data to make better decisions, forging us into a data-driven era. However, data on its own is of little value unless it is treated and managed well to derive meaningful information. This is where data cataloging,   data governance , and data quality come into play.  According to IDC’s projection, global data will reach over  175 Zettabytes   by 2025, marking a phenomenal fivefold rise from 2018. Parallelly, the Big Data analytics market is expected to surpass USD

How to Measure the business value of Power Platform solutions

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  Microsoft Power Platform   has emerged as a game-changer, empowering businesses to unleash their true potential through its   low-code/no-code platform . With the ability to build applications, automate tasks, streamline processes, and harness the power of artificial intelligence,   Power Platform   offers a multitude of capabilities that can revolutionize business operations. However, harnessing the full potential of Power Platform goes beyond its features and functionalities. It requires a strategic approach to measure and quantify the business value it brings to the table. Understanding the impact, business value, and return on investment (ROI) of Power Platform solutions becomes critical to ensuring long-term success.  When measuring the business value of Power Platform, we can explore two key perspectives: IT benefits and the value derived from the applications built upon it. From an IT standpoint, the Power Platform presents a wealth of advantages. It allows organizations to re