Artificial intelligence is rapidly progressing from a promising technology to an integral part of business, changing how humans and machines interact. With recent advances in AI like chatbots powered by models such as ChatGPT, machines are shifting from tools to collaborative teammates. This wholesale change, dubbed by Gartner as “generative AI”, brings tremendous opportunities … [Read more...] about AI set to transform business – but risks must be addressed
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U.S. Companies Look to Generative AI for Business Insights Amid Uncertainty
As economic uncertainty grows, U.S. companies are increasingly turning to generative AI (GenAI) to gain better insights from data and aid decision-making, according to a new report from Information Services Group (ISG). The report finds most enterprises believe investing in GenAI tools over the next two years is crucial. Companies have already begun using GenAI for knowledge … [Read more...] about U.S. Companies Look to Generative AI for Business Insights Amid Uncertainty
How AI is Fueling a New Era of Growth for Small Businesses
Artificial intelligence (AI) is rapidly emerging as a vital asset for small and medium-sized businesses (SMBs) striving to gain an edge in 2024’s challenging economic environment. According to experts at Oxford Capital, a leading business investment firm, AI-driven tools have the potential to significantly bolster SMB efficiency, cost savings, and customer engagement. “One key … [Read more...] about How AI is Fueling a New Era of Growth for Small Businesses
Nearly One in Five Developers in the UK Using AI Regularly at Work
Artificial intelligence is making major inroads with UK developers, with nearly one in five now using AI-powered tools such as ChatGPT regularly on the job, a new study has found. The survey of 2,000 developers across the UK revealed that 19% are actively employing AI in some capacity in their day-to-day work. The study, conducted by cybersecurity provider Indusface, uncovered … [Read more...] about Nearly One in Five Developers in the UK Using AI Regularly at Work
The Market for Streamlining Teamwork Heats Up
A new report from Gartner sizes up the rapidly growing market for collaborative work management (CWM) platforms and evaluates the strengths and weaknesses of the major players. These tools aim to help teams plan projects, coordinate tasks, manage deadlines and automate workflows. The CWM market has expanded quickly as companies adapt to distributed workforces and seek digital … [Read more...] about The Market for Streamlining Teamwork Heats Up