Automation is clearly a two-edged sword. While applying automation, robotics and artificial intelligence capabilities to business processes can help businesses boost efficiency, quality and profitability, the resulting displacement of human workers can also inflict damage to the very fiber of the organization.
On Feb 23rd, Cognizant gathered participants and speakers for an interesting breakfast on Artificial Intelligence – key to new digital ecosystems. With insights from both business and academia, the audience were introduced to the latest research, the potential of AI, and got to meet the robot Furhat who might play a key role in future education, healthcare or shopping malls. But don’t worry, humans will still be needed in the loop.
Artificial intelligence (AI) was a big deal back when I was in engineering school (which wasn’t just yesterday). Through the years, AI’s evolution has produced multiple hype cycles, followed by disillusionment.
It’s the core of any digital disruptor, it’s among the top 5 digital trends worldwide, and it’s a key enabler for creating new business. I’m talking about Big Data and Analytics. Big Data is relevant to all companies and if they are not ready for Big Data, the consumers are. Hence, it is high time to catch up. What about maturity? Some have already experienced major ROI, some have just about started their journey, while many are still stuck into the tech complexity or struggling to come up with a strong business case internally.
Cognizant hosted a very well received Snapshot Breakfast in Oslo on January 24th with key Norwegian pioneers in a unique conversation about Big Data for real.
Cognizant and Informatica invite you to a joint webinar to learn about the role of GDPR (General Data Protection Regulation) and Data Governance initiatives and how they could deliver a world class customer centric experience.
CFO need-to-know in a digital world:
How can the finance department use analysis to promote and drive business development? It is all about utilising the goldmine that is data in a smarter way. Key performance indicators play a decisive role in realising analysis that creates more value.
As the CFO you possess information that nobody ever asks for, and if they do, it is difficult to give a quick answer. But the CFO sits on a gold mine that is seldom utilised: data, the very key to an ever more important role for the finance department.
Every New Year's Eve, we promise ourselves and our immediate circle of people how to become better persons. In your role as CFO you can also help make your organization better. To do that you have to ask yourself a number of tough questions.
Cognizant has become the exclusive digital systems, technology and operations services partner for multiple portfolio companies of Norway-based Aker, a leading industrial investment company.
