Appen: 93% say ‘responsible AI’ is the foundation of all projects

Appen’s latest annual State of AI and Machine Learning report has some interesting findings about the pursuit of safe and ethical solutions.

“This year’s State of AI report finds that 93 percent of respondents believe responsible AI is the foundation of all AI projects,” said Mark Brayan, CEO at Appen.

“The problem is, many are facing the challenges of trying to build great AI with poor datasets, and it’s creating a significant roadblock to reaching their...

SAS: Finland leads in hyperautomation awareness, UK languishing

Research from analytics firm SAS has found that Finland appears to be leading in hyperautomation awareness while a number of large countries are falling behind.

Hyperautomation brings together AI, robotic process automation, and multiple business processes on a cloud platform to help organisations make better decisions more quickly.

“Organisations will require more IT and business process automation as they are forced to accelerate digital transformation plans in a...

Ready to boost your business with analytics? This data expert reveals all

By itself, data is like a bicycle with no wheels. It can’t go anywhere. That’s where the power of analytics comes in. Similar to the wheels of a bike, analytics powers data to reveal meaningful trends and insights, enabling organisations to make key business decisions. 

As data sets increase and become more complicated, manual analytics processes become less feasible. And as data gathering evolves, analytics has to keep up. That’s where advanced analytics joins the...

Darktrace adds 70 ML models to its AI cybersecurity platform

Darktrace has enhanced its flagship AI cybersecurity platform with 70 additional machine learning models and over 80 new features.

The Cambridge-based firm was founded by mathematicians and cyber defense experts in 2013 and uses self-learning AI to protect enterprises across all industry sectors.

Machine learning is used to make thousands of “micro-level” decisions in the background as part of Darktrace’s autonomous response technology called...

92% of product decision-makers say data and analytics is critical to success

A new study, “The Business Intelligence Landscape,” commissioned by Sisense and conducted by The Harris Poll among product decision-makers, highlights that companies offering data and analytics to their customers have a competitive advantage and reap the benefits of increased revenue and loyalty. 

However, the report shows there are some challenges to overcome. For example, 53% of respondents wish their analytics experience was more aligned with user-friendly entertainment...

AI bias harms over a third of businesses, 81% want more regulation

AI bias is already harming businesses and there’s significant appetite for more regulation to help counter the problem.

The findings come from the State of AI Bias report by DataRobot in collaboration with the World Economic Forum and global academic leaders. The report involved responses from over 350 organisations across industries.

Kay Firth-Butterfield, Head of AI and Machine Learning at the World Economic Forum, said: 

“DataRobot’s research...

Deloitte launches Unlimited Reality to help businesses create AI-powered virtual worlds

Deloitte has launched Unlimited Reality, a new offering that helps clients harness emerging technologies like AI to create engaging virtual worlds as part of the metaverse.

The term “metaverse” was first coined in the 1992 science fiction novel Snow Crash but interest has skyrocketed in recent years. Long-term, the metaverse is expected to essentially be a new version of the web—a network of interconnected virtual worlds that can even combine elements of the real...

Editorial: Our predictions for the AI industry in 2022

The AI industry continued to thrive this year as companies sought ways to support business continuity through rapidly-changing situations. For those already invested, many are now doubling-down after reaping the benefits.

As we wrap up the year, it’s time to look ahead at what to expect from the AI industry in 2022.

Tackling bias

Our ‘Ethics & Society’ category got more use than most others this year, and with good reason. AI cannot thrive when it’s...

Data driven leadership: trends and opportunities

According to a survey by Harvard Business Review Analytic Services, almost 75% of organisations don’t have a leadership that supports a data-driven culture or nurtures analytics-led innovation. Alarmingly, 24% of respondents say their company culture tends to limit access to information, and 20% think that organisational structure impedes use of analyzed data.

Executives also report that the adoption of analytics is at a standstill, and they have yet to realise the long-term...

CEBR: Automation increases US/UK business revenues, boosts economic resilience

Research conducted by the Centre for Economics and Business Research (CEBR), in conjunction with SnapLogic, has found that automation is having a profound impact on the monthly revenues of UK businesses.

Within three months of investment in automation technologies, UK companies saw an average increase of five percent – or £14 billion – per month.

The impact on US businesses was even higher. Over the same three-month period, US companies witnessed an average...