Advances in artificial intelligence (AI) over the past couple of years have made the technology an important part of business transformation. Whether in search of efficiencies, savings or simply more advanced ways to deal with increasing quantities of data, businesses from all sectors have begun to seriously consider how they can implement AI to achieve an advantage.
However, AI is not the panacea many would have you believe; as with all technical investments, the success of an AI installation is highly dependent on the way it is selected, implemented and integrated with the rest of the business. AI does deliver incredible ROI for some businesses, but for others, it can result in wasted time and financial losses. Full Article
The Architecture, Engineering, and Construction (AEC) industry has recorded the lowest productivity rate over the years. It seems to have been stuck in a time wrap and left behind in the transformation saga. AEC’s growth has fallen behind that of other industries for quite a long time, and there is a $1.6 trillion chance to close the gap. The critical question we need to ask ourselves is why? Is it a matter of cost or fear for ambiguity in the usage of recent technologies? Full Article