AI RegulationAI StrategyArtificial IntelligenceCybersecurityDigitalFinance

AI Unchained: Navigating the New Frontier of Secure Artificial Intelligence Post-Biden’s Landmark Executive Order

The President Biden Executive Order builds upon previous actions and includes voluntary commitments from 15 leading companies for the safe, secure, and trustworthy development of AI as part of a comprehensive strategy for responsible innovation​1​.Moreover, the Executive Order aligns with the broader objectives of ensuring that America leads in managing AI’s promise and risks, advancing equity and civil rights, standing up for consumers and workers, promoting innovation and competition, and advancing American leadership globally​​.The most significant and immediate challenge for the financial services and technology industries is that any Executive Order does not require congressional approval, but they are mandates and compel federal agencies like National Institute of Standards and Technology (NIST), Department of Energy (DOE), Department of Homeland Security (DHS) to follow the order’s directives. While an order should not contradict or supersede any existing laws, because the order has initiated likely policy changes, the potential impact is significant. Orchestrating the most comprehensive set of measures ever taken to protect Americans from potential risks associated with AI systems without having either legislation or AI standards and an AI governance framework in place is pointing out the dire need for the development of said standards and tools and the requirement of sharing of test results for the most high-risk systems.

Read More
An artificial intelligence robot experiments and studies in a test tube. Development and research of new drugs
Data PrivacyDigitalDigital ArchitectureDigital TrendsTrending

Digital Transformation in the Pharma Industry

Digitalization has become essential in all areas for pharmaceutical businesses just like every other industry sector to maintain leadership, deliver accurate results, reduce risk and costs and to improve operations. Companies that stay at the forefront of technical advancements are those that continue to pave the way and open up new chances in the healthcare sector. With the rapid pace of innovation and technological advancements, the pharmaceutical industry is set to make significant strides in the coming years.

Read More
Customer Journey MappingData Management Platformdata strategyDigitalDigital ArchitectureDigital TrendsEditor's PickFeaturedTechnologyTrending

Digital and Physical Customer Journey Optimization

It is 2023 and we have been talking about digital business models for a while now, but existing infrastructure setup and architecture approaches don’t live up to the service expectations of customer 2.0.

New tools, approaches and integration strategies are of the essence.

Read More
DigitalDigital ArchitectureDigital TrendsEditor's PickFeatured

The Digital Experience Hub

Nowadays it is important to tailor your services and products based on often real-time information while customers are interacting with your products. In this article I discuss the components of a digital experience hub that need to be in place to garner insights to understand and meet customers needs.

Read More
Culturedata strategyDigital TrendsEditor's PickFeaturedTechnologyTrending

The data driven organization

Introduction: The increasing amount of data available today is causing organizations to focus on developing a data-driven culture. As per research conducted by MIT, Microsoft, Google, and AWS, artificial intelligence automation and the way we analyze and predict data have further accelerated the need for organizations to be data-driven. Let’s – See more –

Read More
CultureDigital TrendsEditor's PickTechnologyTrending

Digital Transformation Success Factors and Watch-outs 2023

In today’s fast-paced business environment, organizations must keep up with the latest technological trends to remain competitive. Digital transformation is a term used to describe the process of integrating technology into all aspects of a business, and it has become a critical strategy for companies looking to stay ahead of – See more –

Read More
Roar into the economic recovery
CultureCybersecurityDigital TrendsEditor's PickFeaturedTechnologyTrending

Grow your business during a recession against the odds

Economic recessions are a natural part of the business cycle. During a recession, businesses suffer from declining sales, shrinking margins, and reduced consumer demand. However, some companies have managed to come out stronger from a recession by investing in people, R&D, and digital transformation. This article will discuss some examples – See more –

Read More
DigitalDigital TrendsEditor's PickTechnologyTrending

Key 2023 trends for digital natives

Key 2023 Trends As we enter 2023, the world of technology continues to evolve at a rapid pace. From artificial intelligence to virtual reality, there are several digital trends that are set to make an impact in the coming year. Here are some of the key digital trends to watch – See more –

Read More
Digital TrendsTechnologyTrending

Immersive Retail Trends in 2023

Virtual Try on with hyper-realistic 3D models at the national retail federation show NRF 2023 This year the world of retail is undergoing a major transformation. Immersive technologies are becoming increasingly prevalent, and they are changing the way we shop. From virtual try-ons to augmented reality displays, here are some – See more –

Read More
CultureDigital TrendsTechnologyTrending

Is the Metaverse for real?

Is the Metaverse for real? By the ‘deep-fake’ Bill Maher I was wondering what Bill Maher would sound like when he would talk about the metaverse – so I asked ChatGTP:   Hey, folks! It’s the ‘deep-fake’ Bill Maher here, and today we’re talking about the metaverse. That’s right, the – See more –

Read More