The pace of work has outstripped human capacity, affecting innovation Microsoft Corp. has introduced Microsoft 365 Copilot, a generative AI tool, to its suite of applications including Word, Excel, PowerPoint, Outlook, and Teams. The company is expanding access to the Copilot preview and introducing new features. In conjunction with this…
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Business and IT leaders need to incorporate trends into their D&A strategies Gartner, Inc. has identified the top 10 data and analytics (D&A) trends for 2023 that can enable D&A leaders to unlock new sources of value and capitalize on business opportunities amidst uncertainty. These trends emphasize the need for…
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1000minds uses explicit criteria and explicit human judgments 1000minds has launched an AI assistant as part of its decision-making and conjoint analysis software using Microsoft Azure OpenAI services. OpenAI’s GPT technology is also used in the popular ChatGPT service. The 1000minds AI assistant helps people build their decision model while keeping them in…
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To forge a path forward for their organizations, many CEOs are redefining VUCA DC conducted a survey of close to 400 CEOs across the world, supplemented by several one-on-one interviews, and identified five mandates to help business leaders scale their digital businesses in a rapidly changing digital world. Our survey…
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Rising inflation and currency devaluations made technology investments costlier According to the latest data released by IDC’s Worldwide Black Book: Live Edition, IT spending by Indian enterprises and service providers is projected to grow 7.8 per cent in 2023, albeit more slowly than in 2022. Consumer IT spending (dominated by…
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The business environment is changing faster than many leaders think A new report by MIT Technology Review Insights seeks to understand how organizations approach transformation and the obstacles they encounter in adapting to a continually changing business and technology environment. The report, “Evolutionary organizations reimagine the future,” is produced in partnership with Thoughtworks and…
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Less than of data and analytics teams provide value to the organization Less than half of data and analytics (D&A) leaders (44 per cent) reported that their team is effective in providing value to their organization, according to a new Gartner, Inc. survey. Chief data and analytics officers (CDAOs) must focus on…
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Many technology leaders entered 2023 prepared for a potential recession Despite the current economic uncertainty, 72 per cent of high-tech leaders in the U.S., Canada and Western Europe have plans to grow revenue in 2023, according a survey by Gartner, Inc. Furthermore, nearly half of those leaders believe they will be…
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Generative AI initiatives do not solve the fundamental challenges AI faces The palpable excitement and potential opportunity around ChatGPT, Stable Diffusion and other Generative AI sensations is real, but Generative AI doesn’t solve any of the market challenges which face any type of AI. In a new report, Omdia suggests that Generative…
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Supply-chain disruptions accentuated the necessity of widespread digitization The agriculture industry is facing several pressing concerns, including extreme vulnerability to climate change, labour shortages, inefficient agri-food system, and evolving consumer preferences for transparency and sustainability. In this context, innovations in technology are driving the next wave of revolution in agriculture,…
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