Who’s afraid of Gen-AI in finance and business intelligence?
Despite all hype, the usage of GenAI in BIA is still in early stages, with only 9% implementing it. What are the hurdles and roadblocks?
Despite all hype, the usage of GenAI in BIA is still in early stages, with only 9% implementing it. What are the hurdles and roadblocks?
The BARC Spotlight Study GenAI in Business Intelligence & Analytics sheds light on the uncertainty in the industry with regard to the use of GenAI: concerns about data security, a lack of technical expertise, poor data quality and the complexity of integrations dominate the picture. There is no clear focus when it comes to implementing … Continued
With the emerging AI trend, more and more organizations are looking to implement AI solutions in their business operations but do not know if they are ready as a company or organization to adopt AI. Many factors need to be considered if an organization wants to be “AI-ready” and they can be divided into three … Continued
The manufacturing industry is undergoing significant changes due to demographic shifts, labour shortages and rapid digitalisation. These factors are driving companies to adopt innovative technologies to stay competitive and efficient. One of the most impactful technological advancements is artificial intelligence (AI), including machine learning (ML) and generative AI. These technologies are revolutionising the way manufacturing … Continued
Structured data is currently considered the cornerstone of the data industry. This type of data forms the backbone of various applications due to its accessibility and reliability, facilitating efficient information organization. With the emergence of Generative AI (GenAI), Large Language Models (LLMs) have revolutionized how we interact with data by excelling at processing and generating … Continued
Business intelligence is a collective term used to describe processes, technologies, and strategies for gathering, analyzing, and presenting business information. Business intelligence aims to improve an organization’s decision-making process by acting as an aid in areas such as planning, forecasting, budgeting, target tracking, optimization, sales analysis, etc. There are four key components to BI systems: … Continued
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