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3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. Promises made by your technology partner, such as increased analytics capabilities and improved compliance with regulators, are probably at the top of your mind. A Resistant Culture.

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The Slow Progress Being Made With AI In The UK

The Horizons Tracker

The laggards are generally suffering from outdated technology, poor data quality, and a lack of internal knowledge. Globally we’re seeing IT decision-makers turn to these technologies to improve efficiency and customer satisfaction. The failures underscore the complexities of building and running a productive AI and ML program.

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How Being A Generalist Can Help You Adapt And Innovate

The Horizons Tracker

This means that innovators are not necessarily inventing completely new things, but rather applying existing technologies in new ways. The researchers set out to explore what set the early adopters apart from their peers, and trawled through the database of academic papers held by the Institute of Electrical and Electronics Engineers.

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Creating Scalable Opportunities For Lifelong Learning

The Horizons Tracker

“ The rate at which new skills and disciplines are emerging, especially in technologies such as machine learning and AI, universities are saying that they simply don’t have the faculty to keep up,” Maggioncalda continues. Lifelong learning. Global appeal.

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CMI Highlights

Chartered Management Institute

How can AI and future technology aid, rather than impair, inclusion? This aims to support employers to embed EDI into decision-making on occupational standards, apprenticeships and technical qualifications and build a skills system that allows everyone, regardless of their background, to access high-quality training.

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Do Your Customers Actually Want a “Smart” Version of Your Product?

Harvard Business Review

There’s been a gold rush happening in technology these last few years, focused on the Internet of Things, or IoT. And while we’ve found customers for IoT connectivity, the number of our customers who value the new technology has been much lower than industry projections led us to believe.

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Accelerating Customer Adoption at the Bottom of the Pyramid

Harvard Business Review

They encourage viral marketing through early adopters. It starts with a trickle : To illustrate this challenge from my own experience, let's look at the example of drip irrigation , a technology that has been around for more than 50 years. So how to reduce these risks and accelerate early adoption?