Unlocking Business Value with AI: Essential Insights and Resources
Unlocking Business Value with AI: Essential Insights and Resources
AI is reshaping our world at an unprecedented pace, driving innovation, transforming industries, and redefining how we work and live. In this dynamic landscape, the rapid evolution of AI is not merely a technological advancement; it’s a transformative force reshaping the very fabric of our professional lives. It’s altering the way we make strategic decisions and tackle business challenges.
At Cynozure, we understand the pivotal role AI plays in today’s businesses. We’ve curated a selection of top-tier resources to guide you on an impactful AI journey, emphasising the integration of data and AI. Aligning these elements with your strategic goals and business requirements is crucial for unlocking the true potential of AI.
In this blog post, we explore key insights and practical resources that go beyond the surface, delving into the heart of how AI, including ChatGPT, can deliver tangible business value. From challenging conventional AI strategies to identifying high-impact applications and navigating the complexities of AI in society, our carefully curated resources are designed to empower your organisation in the AI era.
Let’s dive into some of our best resources, shedding light on the significance of AI and offering practical steps to kickstart a successful journey with your team.
Article: Why Your Strategy For AI Might Be To Not Do AI
Dive into Jason Foster’s latest article on Forbes where he challenges conventional thinking about AI strategies. Discover the essential components of a successful AI strategy, including data management, ethics, innovation, education, and governance. Jason also shares practical steps to kickstart your AI journey without feeling overwhelmed. Read here.
Keynote session: Where AI Delivers Real Business Value
In this keynote session at Big Data LND 2023, James Lupton, CTO at Cynozure, explores where AI can deliver the most value for organisations. He provides actionable insights for identifying high-impact AI applications, implementing them effectively and maintaining focus on the most value-add area. Watch here.
Video: Is Generative AI the game-changer we’ve all been waiting for, or is it just another passing trend?
In this video, James Lupton, Cynozure’s CTO, answers the question and provides valuable insights on how to respond effectively to this evolving landscape. Watch here.
Webinar: Outsmarting the Bots – A practical application in machine learning
In this webinar, hosted by Stewart Boutcher, CTO at Veracity Trust Network, and Tom Wilson, Solution Architect at Cynozure, we introduce a groundbreaking machine-learning model. This model, a finalist for Data IQ’s AI-Enabled Data Solution of the Year, is specifically designed to identify and prevent the persistent attempts by bots to infiltrate an organisation’s digital platforms. Watch here.
Podcast: Using Artificial Intelligence to Provide Better Life Insurance
In this podcast, Jason Foster is joined by Glenn Hofmann, former Chief Analytics Officer at New York Life. Tune in and discover how AI is reshaping risk assessment, revolutionising customer retention strategies, and optimising office spaces in the insurance sector. Listen here.
Article: Navigating AI and Its Impact on Business and Society
Artificial Intelligence is reshaping the business landscape, presenting both challenges and opportunities for leaders like you. In this article from Dataversity, Jason Foster, James Lupton, and Keith Goldthorpe dive deep into the complex world of AI, explore the profound implications of AI on society and business and highlight the critical need for responsible AI interaction. Read here.
Conclusion
At Cynozure, we stand at the forefront of innovation, empowering companies to seamlessly integrate data, data science, and AI. Our commitment lies in aligning your strategy and technologies with your unique goals and business requirements.
If you have any questions or want to explore your organisation’s AI potential, don’t hesitate to contact us at hey@cynozure.com. Our dedicated team of AI experts will be ready to support your AI Strategy and Data Science needs. We’re here to support your data and AI transformation journey every step of the way.
The Metaverse: A Dystopian Nightmare?
The Metaverse: A Dystopian Nightmare?
As technology keeps advancing, the ways to interact also evolve over time. Metaverse has been a hot topic in the digital world for how it transforms the way we connect – that can either be beneficial, or disruptive, to businesses.
Jason Foster shares his insights on the metaverse: what it means, its characteristics, where it has come from, and where it can go in the future.
Metaverse… what?
The word is credited back to a sci-fi film called “Snow Crash”. It was launched in 1992. The use of the term metaverse has steadily increased in books and some films until the recent explosion on social media.
According to Mark Zuckerberg, “The metaverse is a virtual environment where you can be present with people in digital spaces. You can kind of think of this as an embodied internet that you are inside of rather than just looking at it.”
It’s as though you’re inside the internet and you’re interacting with physical people in a digital space, rather than just looking at the internet and interacting with people through the lens of a screen.
Essentially, it’s a collection of technologies that exist as augmented reality, virtual reality, high throughput networks, cloud computing, artificial intelligence, online commerce, virtual meeting technology like zoom, virtual event platforms, online gaming concepts and more.
Basically a collection of all these technologies that create a new upgraded version of what we currently know as the internet.
Metaverse characteristics
One of the leading organisations looking at this from a certain lens is the law firm, Norton Rose Fulbright. They talk about the characteristics of the metaverse that allow this embodiment of ourselves in an online space, to help understand what needs to be in place for the metaverse to exist now. There are five things that they talk about.
- Persistence. Metaverse will exist regardless of where you are, or time of day.
- Synchronicity. The participants of the metaverse who are engaging with the metaverse or interact with one another in the digital world in real-time, react to the virtual environment, just as they would in the physical world. We’re at the same time interacting in the digital world in real-time, in a very similar way that we would in a physical world.
- Availability. Everyone will be able to log on simultaneously. There’s no cap on the number of participants.
- Economy. This is really the important one as it’s going to accelerate metaverse adoption everywhere. People, including those in businesses, will be able to supply goods, supply services, and exchange those goods and services for value that people will recognise.
- Interoperability. The metaverse will essentially allow participants to use their virtual things, products, services, or their persona across different experiences, on the metaverse. This is a total cross-platform capability.
To summarise
Organisations are working on how we more closely blend physical and digital – rather than fully immersive digital – which takes you away from any kind of real social interaction, and puts it all in the digital space. We must put the controls and relevant guard rails in place. Which will mean we support a much brighter future. Digital and physical interaction with each other, rather than leaving the current world behind and moving to this new digital space.
