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Category: Artificial intelligence

Legal Regulation of Artificial Intelligence Technology: The Inevitable New Frontier

As the utilization of Artificial Intelligence (AI) technologies increases, so does the potential for these technologies to become misused and misrepresented. The absence of standardization around transparency for AI-based technologies creates legal and ethical gaps. Legal regulation of AI is the inevitable, and indeed necessary, next step as this disruptive technology continues to evolve into uncharted territory.  The Potential Hazards of AI Technology The scope of the harmful impacts of…

Meet Your New Digital Co-Worker: How Artificial Intelligence is Transforming the Modern Workplace

Despite growing concerns that robots will replace workers and eliminate jobs, there are many ways in which the new digital workforce can substantially enhance jobs and positively transform the modern workplace. Ethical, responsible automation has the power to create a work environment where employees are more engaged, more productive and overall happier at work. Robotic Process Automation (RPA) – also known as software robots or the new “digital workforce” –…

Why Business Intelligence & Process Mining Alone Won’t Solve Your Business Problems

You might rely on Business Intelligence systems for monitoring operations and performance, but when metrics fall outside the optimal range, how do you identify the cause? How do you tell exactly which process is under performing, why it is happening, and where you should take corrective action? It might seem that BI fulfills the same needs that Process Mining does — that is they are both helping businesses achieve better…

Process Intelligence: The Next Leap Forward in the Intelligent Business

Everything accomplished in an organization requires a series of business activities, which together comprise a process. Whether the organization is a hospital, bank, manufacturer, or any other type of business, its level of success is directly tied to how well it performs and manages its many business processes. However, today’s business intelligence (BI) and data discovery tools provide organizations with only the most basic insight into its processes – even…

A New Way of Looking at Business Processes

Artificial Intelligence (AI) and machine learning have gained significant momentum over the past few years; businesses from all industries continue to embrace the technology at rapid rates, adoption stands to increase even further. More and more companies are beginning to see the positive impacts that this technology can bring to a company. In fact, Gartner predicts that by 2020, 85 percent of all customer interactions will be managed without a human. Powering…

Top 10 Benefits of Process Analytics

Process Analytics is a specialized branch of business intelligence. It utilizes the same data as most other types of analytics however it views them as the traces of business processes. It connects multiple records belonging to the same business entity (patient, online order, insurance claim, etc.) and brings up a lot of information about the process behind these records. This information delivers unique and tangible benefits which are not attainable…