{"id":210518,"date":"2017-08-08T04:11:38","date_gmt":"2017-08-08T08:11:38","guid":{"rendered":"http:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/artificial-intelligence-is-transforming-the-enterprise-information-age\/"},"modified":"2017-08-08T04:11:38","modified_gmt":"2017-08-08T08:11:38","slug":"artificial-intelligence-is-transforming-the-enterprise-information-age","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/artificial-intelligence\/artificial-intelligence-is-transforming-the-enterprise-information-age\/","title":{"rendered":"Artificial intelligence is transforming the enterprise &#8211; Information Age"},"content":{"rendered":"<p><p>      Intelligent systems may play the key to success through      digital transformation and delivering on consumer      expectations, but this will only be realised through      intelligent deployment and management models    <\/p>\n<p>    The predictions for AI use cases have been prolific and    wide-ranging in recent years. From humanoid robots to    predictive analytics for legal institutions, hedge    funds, and more, there has rarely been more excitement    generated by a technology than the current buzz emanating from    AI    software.  <\/p>\n<p>    Application of this technology extends to mobile and    telecommunications too. Here, it has become an important next    step in helping operators transition from Communications    Service Providers into more advanced Digital Service Providers    that can predict their customers wants and needs.  <\/p>\n<p>    AI is empowering service providers with a range of new    capabilities such as deep learning, natural language    processing, and cognitive computing to create a digital    interface that will essentially deal directly with human    beings, addressing and resolving customer service issues. Sound    like science fiction, but its    the new reality. AI is a huge catalyst for change, not just in telecoms, but    almost every walk of life.  <\/p>\n<p>    >See also:Making    business smarter: 3 misconceptions about AI  <\/p>\n<p>    So, what exactly is artificial intelligence? Is it about    creating robots powered by super computers, which outperform their human    counterparts? Or is it grounded in less futuristic, albeit    still important, applications and in more sedate data crunching    and algorithms than walking-and-talking machines? Its all of    the above and more.  <\/p>\n<p>    AI can be about simulating human    intelligence, incorporating traits such as reasoning,    perception, problem solving and forward planning. At its crux,    though, AI is about the development and enactment of methods of    transforming vast amounts of complex, often unstructured    data into intelligent    insights.  <\/p>\n<p>    The key elements of artificial intelligence  machine learning,    cognitive computing, natural language processing, and sentiment    analysis, combined with more effective real-time data    management  make this possible.  <\/p>\n<p>    For example, rather than the time consuming and, due to    human error, often    inaccurate process of manually sifting through data and drawing    conclusions, AI can rapidly automate processes.  <\/p>\n<p>    It can establish rules and use algorithms to deliver accurate    analytics and predictions. Importantly, this may also reveal    hidden insights in data that would have been missed if the    process were to be conducted by a human.  <\/p>\n<p>    >See also:To    err is human, so why not use an AI?  <\/p>\n<p>    In turn, for service providers across all industries, this    makes it possible to take much more informed actions as a    result of predicting what customers will need and when, making    timely, relevant, and attractive offers to drive sales and    further engagement.  <\/p>\n<p>    Findings from data can be utilised to improve services, develop    new tools and technologies, and drive production or business    efficiencies, in addition to wide-ranging benefits we are yet    to realise. Although the terms are often used interchangeably     or confused  this more specific application of AI can be more    closely defined as machine learning.  <\/p>\n<p>    Much has been made of the opportunities AI can deliver to    businesses and consumers, but the technology has attracted some    negative publicity, particularly in relation to the potential    impact of AI and robotics on the job market.  <\/p>\n<p>    However, as with other technological and industrial revolutions    which have come before it, the disappearance of jobs in some    sectors coupled with the introduction of new technologies will    likely spur the creation of new (human) roles in other    areas of business.  <\/p>\n<p>    New training and skills will be needed for workforces in order    to adapt their jobs to the new opportunities AI presents,    requiring new educators. AI technology will need    maintaining and new systems will need to be developed,    necessitating individuals with knowledge and experience in this    new field. In addition, the automation of traditionally    repetitive, administrative office jobs would arguably allow for    more creativity and boost workforce morale, an advantage for    any industry.  <\/p>\n<p>    Questions over how to regulate and control AI have also become    a key topic, particularly after Facebook was forced to shut down    an artificial intelligence program after it created its own    language.  <\/p>\n<p>    In this instance, two bots created a series of code words and    nonsensical text strings for communicating tasks. Although more    efficient than a full English sentence, the phrases could not    be interpreted by human controllers.  <\/p>\n<p>    There is not enough evidence to suggest that this unforeseen    development poses a threat, but its certainly a development    that needs closer monitoring and regulation for the future of    this technology.  <\/p>\n<p>    >See also:How    Tesco is using AI to gain customer insight  <\/p>\n<p>    The ethics of AI and the role it will play in our lives    continues to drive debate as a result. It has even split the    opinions of two of Silicon Valleys most esteemed CEOs.    Recently, Facebooks Mark Zuckerberg and    Teslas Elon Musk found themselves embroiled in a very public    row about the viability of AI, the benefits it can offer    and the potential challenges it poses.  <\/p>\n<p>    Zuckerberg was more optimistic focusing on the breakthroughs    that have been made in healthcare and the development of    self-driving cars. Its no surprise Zuckerberg holds this view    given that Facebook has invested so heavily in AI. And, despite    their differences, both CEOs have accepted AI will play a    crucial role in improving their businesses.  <\/p>\n<p>    Despite significant developments in AI over the past decade,    full automation and computer super intelligence is still a    while off yet. Where the technology has been making significant    inroads, though, is in communications.  <\/p>\n<p>    In the digital-first landscape of today, consumers are more demanding    than ever. They expect always-on digital services and for    engagement with service providers to be immediate, reliable,    and on their terms through platforms of their choosing.  <\/p>\n<p>    Until recently this engagement meant contacting a call centre,    with delays and queues to connect to an operator. AI, and    chatbots in particular, have revolutionised this space. Gartner    recently predicted that by 2020, 85% of all customer    interactions will be handled without a human agent.  <\/p>\n<p>    Facebook launched its chatbot creation tools in 2016, allowing    platform creators to build their own version of the technology    and integrate these customer service tools into their business    offering.  <\/p>\n<p>    As of January 2017, a reported 45,000 developers were using    Facebooks Wit.ai chatbot-building tool to create chatbots for    Facebook Messenger.  <\/p>\n<p>    >See also:The    role of artificial intelligence in cyber security  <\/p>\n<p>    In addition to driving customer satisfaction through quicker,    more convenient interaction with companies, the use of chatbots can also prove a    revenue-booster: an estimated 36% of sales representative    positions in the US could be automated, meaning annual savings    from salaries of at least $15 billion. However, it is    not only in communications generally where AI is proving its    worth, but in the telecommunications industry more    specifically.  <\/p>\n<p>    With the rise of disruptive new digital service providers    (DSPs) and the continuing shift to data usage, mobile    operators and communication service providers (CSPs) face    threats to their traditional revenue streams.  <\/p>\n<p>    Access to data services is now seen by consumers and businesses    as a necessity, and, as the market has opened up to more    competition  and more choice  consumers are demanding more    from their service providers.  <\/p>\n<p>    Although not solving all ills, AI can be seen as a force of    differentiation that will empower service providers to drive    value across their businesses. And not only in the customer    interaction space but also in areas like network management and    optimisation, and improving subscriber    experiences through more accurate data visibility and    analytics.  <\/p>\n<p>    It is within this latter area that AI will play an essential    role, ensuring telcos not only survive but thrive. The imminent    arrival of next generation 5G    technologies and networks, coupled with the rapidly expanding IoT will vastly    increase the number of end-points a CSP\/DSP must manage.  <\/p>\n<p>    More consumer connected devices, a greater number of    machine-to-machine (M2M) connections, and sensors embedded in    infrastructure and vehicles will result in a dizzying amount of    communication between technologies and information traversing    networks.  <\/p>\n<p>    This level of data is    unmanageable for the human to process, yet an AI system can    provide real time visibility and management of this    information, delivering intelligent data analytics to improve    processes.  <\/p>\n<p>    AI can also extract data from one part of a business in order    to place it in another, linking up sectors to allow them to    learn from each other.  <\/p>\n<p>    In the case of data from consumer devices, AI-grounded analysis    can also be used to improve services for subscribers. Customer    behaviour and engagement data can be    gathered and processed more rapidly and in greater volumes,    used to influence the development of optimal pricing models and    create new services.  <\/p>\n<p>    >See also:NHS    Trust successfully fought back WannaCry ransomware with    AI  <\/p>\n<p>    The granular data insight garnered by AI goes beyond    that capable of humans, meaning a deeper understanding and    learning of competition data, such as BSS information,    advertising and voice of the consumer type feedback.  <\/p>\n<p>    AI will not just allow for reactive management of customer    services, but, due to the predictive capabilities of    the technology, itll also support proactive customer care.    Implementing intelligence and automation will enable operators    to anticipate the needs of their customers in order to engage    with them via the channel of their choosing and at the time    most suited to their preferences. For traditional CSPs looking    to revitalise their business in order to keep up with    innovative DSPs, this kind of action could prove a vital    differentiator.  <\/p>\n<p>    Artificial intelligence will also deliver huge benefits to    network management. Many    telcos have already introduced network functions    virtualisation (NFV) and software defined networking (SDN), as    well as moving processes and applications to the cloud.    Artificial intelligence can be harnessed to aid efficient    traffic routing, as well as managing network traffic capacity.    Faults on an operators network can quickly be identified, and    problems rectified.  <\/p>\n<p>    Data on factors such as capacity demands and user behaviour can    be analysed and networks can be automatically configured in    response. Again, the use of AI technologies means these    processes will be proactive rather than reactive.  <\/p>\n<p>    Machine    learning systems can be taught to recognise patterns in    data and information, and networks and applications can be    adjusted and altered in order to solve any problems before they    impact the consumer.  <\/p>\n<p>    Widespread implementation of such systems is a while off yet,    although the aforementioned chatbots are making strides when it    comes to CSPs and their customer service offerings.  <\/p>\n<p>    >See also:AIs    impact on customer experience  <\/p>\n<p>    Indeed, many CSPs are ready for a full transformation towards    AI implementations, whilst others are taking it at a slower    pace. This said, in addition to developing and fine tuning AI    systems, an operator  or any business considering    implementing AI  must recognise the level of risk    associated with this move, and ensure they implement strategies    and business models to maximise opportunity whilst reducing    risk.  <\/p>\n<p>    Artificial intelligence can help boost efficiencies, aid    customer engagement and services, and drive revenue as a    result. However, any potential financial gain must be weighed    against the cost of investing in an AI strategy.  <\/p>\n<p>    This cost includes not only the AI tech itself, but the training which will be    needed to ensure that workforces are trained to support    implementation, and any new skills required added to the    business through new hires.  <\/p>\n<p>    This may include change management committees, which can help    to manage an AI implementation process, including overseeing    the cultural changes which are often experienced when a    business makes such a dramatic move.  <\/p>\n<p>    Finally, many traditional CSPs will likely have already    experienced challenges caused by digital    transformation in the industry. Building an AI system    in-house could easily exacerbate any problems, so companies    wishing to make this move should consider looking to external    suppliers to instead create and help deploy any new system.  <\/p>\n<p>    Even after 60-plus years, artificial    intelligence is still a while off peak maturity. Equally, the    implementation by any business of an AI strategy should not be    a rushed process. The benefits artificial intelligence can    deliver will be great, but these must always be costed against    potential pitfalls.  <\/p>\n<p>    Intelligent systems may play the key to success through digital    transformation and delivering on consumer expectations, but    this will only be realised through intelligent deployment and    management models.  <\/p>\n<\/p>\n<p>    Sourced byJonathan Kaftzan, head of Digital &    Intelligence marketing at Amdocs  <\/p>\n<\/p>\n<p>    The UKs largest conference fortechleadership,TechLeadersSummit, returns on 14 September    with 40+ top execs signed up to speak about the challenges and    opportunities surrounding the most disruptive innovations    facing the enterprise today.Secure your place at this prestigious    summit byregisteringhere  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read the original here:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.information-age.com\/artificial-intelligence-transforming-enterprise-123467724\/\" title=\"Artificial intelligence is transforming the enterprise - Information Age\">Artificial intelligence is transforming the enterprise - Information Age<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Intelligent systems may play the key to success through digital transformation and delivering on consumer expectations, but this will only be realised through intelligent deployment and management models The predictions for AI use cases have been prolific and wide-ranging in recent years. From humanoid robots to predictive analytics for legal institutions, hedge funds, and more, there has rarely been more excitement generated by a technology than the current buzz emanating from AI software. Application of this technology extends to mobile and telecommunications too <a href=\"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/artificial-intelligence\/artificial-intelligence-is-transforming-the-enterprise-information-age\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187742],"tags":[],"class_list":["post-210518","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/210518"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=210518"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/210518\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=210518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=210518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=210518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}