The current economic environment threatens the success – and perhaps even the survival – of many small and midsize companies, because larger organizations are increasingly able to provide personalized experiences to their customers, in literally any way their customers choose. Most leaders of these smaller companies have already made significant
Tag: businesses
Data Privacy, Security, And Transparency: Delivering All The Greater Benefits To Businesses, Customers, And Society & What Does It Mean For The Digital Society?
Data has never been more valuable – or more fraught. In a time of turmoil and uncertainty, how can businesses and people come together to create shared principles for society and a better data-driven future for everyone? Billions Of Digital Footprints The COVID-19 crisis has cast the data dilemma into
4 Types Of Approaches For Cybersecurity In Small And Midsize Businesses: Monitor And Target, Always Expect A Breach, Create A Culture Of Security & Scrutinize Your Supply Chain
Small and midsize businesses aren’t immune to cyber threats. They must research and prepare for attacks just as large enterprises would. Unfortunately, smaller companies typically have fewer resources and less talent available to help fortify against attacks. In March of last year, AI caught a sophisticated, highly targeted cyber-attack exploiting
4 Simple Use Of Natural Language Processing In Businesses
Natural language processing (or NLP for short) refers to technology that allows computers to understand human language. NLP is what helps computers read, edit and summarize text – as well as enabling natural language generation (NLG), whereby computers generate their own “speech.” In other words, NLP is the technology that
The Biggest Threat For Data In Businesses
The enormous amount of data being generated every day is changing our world, and has given rise to a term most of us are now familiar with: big data. The sheer volume of data available is just one of the many challenges in working with big data. But perhaps the
What Is Unstructured Data And Why Is It So Important To Businesses? An Easy Explanation For Anyone
Unstructured data can’t be easily stored in a traditional column-row database or spreadsheet like a Microsoft Excel table. It’s therefore more difficult to analyse and not easily searchable, which is why it wasn’t useful for organizations until recent years. Today, however, we have unstructured data analytics tools powered by artificial intelligence (AI) that were created specifically to access the insights available from unstructured data.
A Founder Using Cloud Services To Save Family Businesses
A fairly typical, frustrating experience led entrepreneur John Buni to found CleanCloud, a cloud-based, software-as-a-service (SaaS) business. Buni went to his local dry cleaner to pick up his shirt, except Buni couldn’t find his ticket. Without a ticket, the dry cleaner couldn’t find the shirt. Sound familiar? Buni had already
Artificial Intelligence in Enterprises – Businesses Are Waking Up
Organizations that want to survive in this data rich AI economy better pay attention and have an AIPlaybook or prepare to be decimated by competition.
