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How AI contributes toward mitigating risks and managing inventory levels 

Marketplaces today are undergoing dramatic shifts. Aided by digital transformations, E-commerce has transformed the buying and selling process. There is a greater need than ever to keep pace with the changing consumer landscape and businesses that are stuck with legacy technologies and processes will certainly perish. Real-time perpetual inventory management systems can help in dynamic […]

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5 Reasons to Choose ML and AI Over Rule-Based Systems

“Data is becoming the new raw material of business.” – Craig Mundie, Senior Advisor to the CEO at Microsoft  The 3 most common question that has been trending among CPG enterprise and their Sales Leaders were;  1. How does AI/ML differentiate itself from conventional rule-based systems?  2. How can AI/ML solve their business problems while […]

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The Post Pandemic Data Driven Culture

The outbreak of COVID-19 has had a global impact, and nothing is left untouched by the aftereffects of the pandemic. Be it healthcare, lifestyle, education, travel, business, or economy, there is unprecedented demand for certain products/services, whereas some businesses are completely shut down. Digitalization is at its peak with high demand for online availability of […]

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Data literacy – A step towards embracing the data-driven culture.

Data has always been the key element for making decisions, even prior to the modern era; the only difference was how data was examined earlier, employing conventional rule-based procedures. Time has changed, and with the rapid onset of AI, business leaders are predicting disruption in the working practice of the workforce.  AI is transforming the […]

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4 ways you can instill a data forward culture in CPG Industries

In the age of rapid acceleration, companies are making every attempt to transition from feeling- to fact-based, but it is proving to be anything but simple. Most data-driven transformations are nipped in the bud because they aren’t paired with shifts in established business models and processes. To put it simply, to make successful changes, CPG […]

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Best Practices To Ensure Data Security Governance.

Gartner defines data security governance as a subset of data governance that deals specifically with protecting data, whether structured or unstructured, through defined policies and practices. The unprecedented data growth and other factors that include scalability, flexibility, cost reduction, efficiency, and agility have pushed businesses to adopt cloud architecture. However, the combination varies; businesses move […]

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How is data governance crucial for the success of AI? 

A data governance framework governs company data’s availability, usage, integrity, and security by establishing standards and regulations. Aligning human resources, various business processes, and technology makes data a corporate asset.  Due to appropriate data governance, you can respond to the following questions. Depending on the business, several sources contribute a wide range of data. Many […]

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With AI/ML in the toolbox— CIOs can strengthen the supply chain:

The supply chain is regarded to be the beating heart of any business. So one may determine how essential its correct operation is to its stakeholders. Recent disturbances, such as Covid-19 or the Ukraine-Russia war. These interruptions will influence the supply chain worldwide, so don’t expect your skin to be spared. God forbid how many […]

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AI first – Power to spur AI growth.

AI must be a central component of any business strategy, not only for process optimization but also for developing novel approaches to gain a competitive edge and re-evaluating how to appropriately use AI to improve goods, services, and business models. After all, AI goes beyond simply automating repetitive chores. Understanding this is crucial, but even […]

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Is AI/ ML overhyped?

Business as usual is not usual anymore, it has been disrupted by AI to a great extent. It has enabled corporate functions such as marketing, sales and finance,  and helped them deliver predictive insights at extraordinary speed and scale. Given the possibilities that AI can bring to the fore, it’s little wonder that its adoption […]

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The role of interpretability for building trust in Al models

The tryst with trust when it comes to AI is an ongoing and much talked about topic of discussion for corporations across the world. While they spend big bucks and time to regulate AI, a trend for Explainable AI has emerged. According to Reuters–Amazon.com Inc’s AMZN.O machine-learning specialists uncovered a big problem: their new recruiting […]

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Experiential Learning: A hands-on approach to AI.

Innovation is now imperative for driving your business to the next level. Business executives must stand out to stay up with the market’s changing needs. Driving innovations with AI is critical for business leaders to bring value. An organic adoption of AI to address complex business problems will increase the effectiveness and scalability of an […]

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Getting past the AI’s misconceptions and embracing its reality.

I am not trying to justify my reasons for saying somebody’s notion is a delusion, for I am an AI/ML enthusiast. Logically misunderstanding makes room for misconceptions. Media and our cinematic narrative writers have overhyped AI for misinterpretation; they are to blame. To shatter myths is when you grasp reality and correct those misses by […]

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Breaking Through the Fear of Change: Embracing AI

Overcoming Five Legitimate Concerns About AI Adoption While some businesses have already embraced the advantages of implementing AI, others remain hesitant to take the leap. Their concerns are indeed genuine and valid, but should we let this fear of change hold us back from progress? After all, we’re talking about technology, which experts predict will […]

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The success of the AI project — three main pillars

What does it take to make a good recipe? A good chef or the appropriate quantity of ingredients, or both. I wish making the machine learning project a success was that easy. It will be one day. Even when you have sufficient data infrastructure and have established a culture for change management, an accurate model […]

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Domain experts are the primary drivers of AI.

Democratization of AI has become viable with no code tools available. Today AI has transitioned from model-centric to data-centric, giving our domain experts more control over accurate ML model building. What do you consider I’ve misspoken? A data scientist should have been there, given data scientists are the ones who create ML models. They have […]

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Overcoming Roadblocks to Adopt AI/ML: Strategies for Success

On the way to overcoming AI/ML roadblocks: From augmenting human capabilities to automating repetitive tasks and streamlining customer services to improving business efficiencies, AI has made its way into business processes, be they simple or complex. In a nutshell, AI has opportunities in every enterprise and through every business process. AI is something that generally […]

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