Four trends driving near-term artificial intelligence innovation

Responsible AI, small and wide data, operationalisation and efficient resource use will be key to scaling AI initiatives. The AI market remains in an evolutionary state, with a high percentage of AI innovations appearing on the upward-sloping Innovation Trigger (see Figure 1). This indicates a market trend of end users…

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AusNet Services invests in the future with technology

Cloud transformation, data, and AI for Australia energy infrastructure company. Diversified Australian energy infrastructure business AusNet Services has invested in a series of innovative applications to streamline operations and lift customer experiences as part of a digital overhaul with data and analytics at its heart. ASX-listed AusNet Services owns over…

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Chubu Electric Power Group to drive digital transformation

Japanese energy company creates new data analytics unit. Chuba Electric Power Group’s Tsunagu Community Analytics will support a group-wide operations overhaul and creation of new services. Tsunagu was established to provide Chubu Electric with advanced data analytics capabilities as part of its goal of enhancing the operations of its various…

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Indian enterprises propels big data and analytics

The need to adopt a data-driven culture propels data analytics spending to US$21B. Decision-makers in Indian enterprises are investing in big data analytics to base decisions on real-time data during these turbulent times. Digitally determined enterprises demonstrate a forward-looking approach towards adopting these solutions, reflecting in spending growth of 11.5…

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Key emerging technologies spurring innovation

NFT, quantum ML, generative AI, homomorphic encryption and composable applications and networks among key tech  Engineering trust, accelerating growth, and sculpting change are the three overarching trends on the Gartner, Inc. Hype cycle for emerging technologies, 2021 that will drive organizations to explore emerging technologies such as nonfungible tokens (NFT), sovereign…

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Global spending on big data and analytics solutions will reach US$215.7B

Leveraging data for insights into everything from internal business operations to the customer journey. Worldwide spending on big data and business analytics (BDA) solutions is forecast to reach US$215.7 billion this year, an increase of 10.1 per cent over 2020, according to a new update to the Worldwide Big Data and…

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Optimize data and analytics value

Better business decisions happen when business, data and analytics, and other IT leaders work together. Data and analytics is a business function that fuels digital acceleration. However most organizations don’t have a systematic way to assess, optimize and articulate data and analytics value. Rita Sallam distinguished VP analyst at Gartner, believes…

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Queensland Treasury Corporation overhauls data and cloud

Striving for operational excellence and mitigating risk by eliminating inefficiencies. As the central financing authority for the Queensland Government, QTC provides financial resources and services for the State. In the last financial year, it delivered A$300 million worth of returns for Government stakeholders and achieved a record A$20.5 billion issuance…

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Organisations shift focus from big to small and wide data by 2025

New data and analytics techniques. By 2025, 70 per cent of organisations will shift their focus from big to small and wide data, providing more context for analytics and making artificial intelligence (AI) less data hungry. Disruptions such as the COVID-19 pandemic is causing historical data that reflects past conditions to…

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