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- Driving innovation together
- AI simplifies the use of technology
- The rise of digital therapeutics
- Navigating the AI Act
- CEO frauds using AI
- Privacy in the age of AI
- AI trends in Telco
- Ethical and regulatory landscape of AI
- AI bias in the hiring process
- Building a proactive cybersecurity culture
- Work and life connections
- Innovate your operating model
- SME digitalization: From words to deeds
- Digital shift with added value
- New tech in medicine development
- Innovations in ordering and fundraising
- Data: The key to customer loyalty
- Industrial automation: Smart factories
- Safe payment ecosystems
- Information security strategy
Innovation in the Digital Age
Driving innovation together
Innovations are key to any development of society, and one of the main
benefits is economic growth. This growth not only fosters employment
opportunities and enhances service availability but also bolsters
competitiveness and addresses global challenges. The topic of innovation
is undoubtedly important and is the driving force not only of the
economy, but also of the entire society. Presently, we find ourselves at
the biginning of the fourth industrial revolution. While the third
industrial revolution was defined by mobile phones and computers, the
onset of the fourth is determined primarily by AI (Artificial
Intelligence) and IoT (Internet of Things). These two main themes are
accompanied by other intriguing developments, including blockchain and
cryptocurrencies, virtual and augmented reality, cloud computing,
digital healthcare and, last but not least, cyber security.
AI simplifies the use of technology
It sounds like a paradox that artificial intelligence – itself a complicated technology that few people understand – should simplify the use of technology. But in business, the first significant impact of AI on daily basis will not form the creation of “new” intelligence but enable simplified approach to technology.
The rise of digital therapeutics
Digital therapeutics (DTx), software-based interventions for health disorders or diseases, are gaining traction. The rise in digital tools usage has increased the demand for digital therapeutics. They can be standalone or used with other treatments to improve patient care.
Navigating the AI Act
Artificial Intelligence (AI) is revolutionizing industries and companies, offering unprecedented opportunities for innovation and growth. However, as AI technologies advance rapidly, concerns about their legal and ethical impact and risks have become increasingly prominent.
CEO frauds using AI
The fraudsters are increasingly using new technologies such as deepfakes to scam victims. More than ever, we need to better understand fraud threats and improve our personal level of defense. According to Metro Atlanta CEO the number of deepfakes in the crypto industry increased in 2023 by 128% compared to 2022.
Privacy in the age of AI
The rapid development of artificial intelligence (AI) technologies presents both opportunities and significant challenges, particularly in the area of privacy and personal data protection. As AI systems become more integrated into everyday life, the potential for privacy breaches increases, raising several legal questions.
AI trends in Telco
The impact of Artificial Intelligence (AI) is expected to be widespread and touch virtually all areas of our lives. AI technologies have the potential to improve efficiency, enhance decision-making processes, create new opportunities, and transform various industries, including the telecommunications.
Ethical and regulatory landscape of AI
Artificial intelligence (AI) stands at the forefront of the rapidly evolving world of technology, offering both unprecedented opportunities and formidable challenges. From personal assistants to autonomous vehicles, AI systems are becoming more integrated into our daily lives, and the ethical and regulatory implications these technologies bring along lead to important debates. This article dives into the complex interplay between AI development, ethics and regulations.
AI bias in the hiring process
More than half a century ago, conductor Erich Leinsdorf, who directed the Boston Symphony Orchestra, was seeking fresh performers to join his orchestra. At the time, discrimination was prevalent in the music industry, with a pronounced bias towards men over women. These barriers were frequently caused by societal expectations, or the notion that specific instruments or roles were inherently masculine and hence not acceptable for women.
Building a proactive cybersecurity culture
Most businesses concentrate on prevention and detection as their key cybersecurity strategies. On average, a breach or other type of incident, happens 212 days before initial detection1. Previously a reactive approach to business security was sufficient. Today, companies need to take a far more proactive approach to security.
Work and life connections
Success comes at a price. Business leaders face difficult decisions regarding demands on their time on daily basis. The responsibility towards their families and their employees makes them carefully consider each minute of their day. We want to know how they like to spend their time out of work, what inspires them and motivates them.
Innovate your operating model
An innovative operating model of the organization (Operating Model) naturally includes the culture, values and principles of the organization. In the era of AI and digitalization, it guides employee behavior, interactions, and decision-making, while shaping the organization’s identity.
SME digitalization: From words to deeds
In recent years, amidst endless discussions on “innovations” and how we love them and need them, the term “digitalization” has also gained increasing prominence. Additionally, large amounts of money have been earmarked for enhancing companies’ digital capabilities. But where exactly are these funds?
Digital shift with added value
In the field of service delivery, where achieving customer satisfaction and environmental sustainability are paramount, companies like Veolia are at the forefront of embracing digital transformation. This move toward digitalization is not just a business decision but a strategic response to the changing demands of consumers and the planet.
New tech in medicine development
The last century saw rapid progress in medical treatments. Early successes included antibiotics and chemical compounds like Aspirin. More recent breakthroughs in biologics like antibodies, cells and RNA-based therapies have expanded treatment options for complex diseases. However, pharmaceutical and biotechnology companies are turning to new technologies to solve their challenges in developing the next generation of medicines.
Innovations in ordering and fundraising
In recent years, restaurants have undergone a significant digitization process that has changed the way they operate and communicate with customers. In order to be closer to their customers and make the ordering process as easy as possible, restaurants have become much more visible online, mostly via delivery services. But some businesses have pushed the boundaries as regards refining their digital presence even further.
Data: The key to customer loyalty
In today’s business landscape it is absolutely crucial to understand the significance of the data you own within the company. From our own experience, we still encounter many companies that have gathered some data about their customers or business partners over time, yet they lack the knowledge of how to effectively utilize this data, particularly in terms of capitalizing on it.
Industrial automation: Smart factories
Industry 4.0, also known as the fourth industrial revolution, introduces the concept of a Smart Factory that utilizes digital transformation tools, such as Digital Twins, to streamline the manufacturing process. By seamlessly integrating systems across all levels of production, it enhances efficiency, innovation, and productivity, creating an interconnected ecosystem that covers all operations.
Safe payment ecosystems
The technology behind how people shop is constantly changing and improving. Customers expect to pay conveniently, easily, and securely at all times. The shift to digital money is incredibly exciting but it also places exponentially greater pressure to ensure every transaction is secure and reliable. Visa has been using artificial intelligence to prevent fraud and to provide security in payments already for 30 years.
Information security strategy
In today’s digital landscape, safeguarding economic and business information is crucial for success. With data playing a pivotal role across different sectors, ensuring data security is paramount to prevent losses, corruption and legal repercussions while also safeguarding the company’s credibility and reputation. While the state of information and cybersecurity varies globally, certain universal trends and challenges persist.
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