The new reality Nearly 20,000 jobs are expected to be lost in the chemicals industry because of the COVID-19 pandemic Chemicals companies will need to plan for larger transformations and innovation. Artificial intelligence is a critical component to help organizations be more agile. IBM surveyed 400 chemical executives in 18 countries who are involved in defining or executing AI strategies.
The proof-of-concept (POC) is gone, but the POC lives on! Artificial intelligence (AI) is either overhyped as a digital utopia or demonized as a terrifying threat. It is neither in the pragmatic here and now. AI is a means to enhance human skills and improve people's and enterprises' outcomes.
Leading digital business platforms include Amazon, Alibaba, eBay, Expedia, and Salesforce. The majority of businesses feel that business platforms are critical to their long-term success. According to a GigaOpinion poll, 81 percent are orchestrators of other firms on these platforms. Platform companies are exchanging supply-side economics for demand-side economics, allowing others to participate o
What is intelligent automation? Intelligent automation makes use of modern technological advancements to manage and enhance company operations in an automated and continuous manner. In order to examine intelligent automation via an operational lens, we questioned CEOs directly involved with their firms' operations for this paper. We interchangeably use the words "intelligent automation" and "intel
The Edge is a distributed computing concept that moves computation closer to the point of action or event occurrence. According to the company, processing data at the edge enables for more immediate use of analytics and AI capabilities
The power of joining a blockchain network This blockchain-based trading platform lowers counterparty risk and allows even tiny businesses to engage in cross-border trade.
Introduction According to IBM, more than 60% of early adopter companies anticipate having a blockchain network in production by 2020. The sharing economy is expected to change the company models of more than half of the C-suite respondents. IBM's Blockchain lays the groundwork for trust and scalability.
The shift to a value-based health care system Value-based health, like value-based care, relies on collaborative models, shared information, and technological solutions across stakeholders to improve outcomes across the course of a person's lifetime. It is the extending of health and wellness into people's daily lives, homes, and communities outside of the typical clinical setting.
What is intelligent automation? Intelligent automation incorporates recent advances in technology to manage and improve business processes automatically and continuously. Constituent components of intelligent automation include: • Artificial intelligence/machine learning – The application of systems equipped with software that simulates human intelligence processes, including learning without ex
Divergent perspectives on AI's ethical issues. AI threats are viewed differently by executives and customers. Consumers are concerned about social issues such as shared wealth, inclusiveness, and AI's influence on jobs, while businesses are focused on organizational consequences.