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        Flexibility is the biggest selling point that we have over our larger rivals. We give our clients the freedom needed to thrive in today’s fast-paced business world, organisations say to us that they often see higher quality work from independent consultants like us, this reason is the primary motivator when choosing us over a big firm. This means that we have the same skills and experience as the big firms, with added freedom and flexibility to let us focus and resolve client requirements.

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        Will AI replace jobs

        The AI language model, has to be viewed as the internet in the 1990s and the mobile in the 2000s but I can tell you that AI has the potential to automate some of the work that is currently done by people. It's crucial to remember nevertheless that not all jobs are equally vulnerable to automation. Most jobs will have it as an assistant.

        There are some jobs that are less likely to be mechanised in the near future, such as those that demand creativity, critical thinking, emotional intelligence, and interpersonal skills.Yet, positions that require manual work, data processing, and repetitive operations are more likely to be mechanised.

        It's also crucial to remember that while AI can automate some tasks, it cannot take the place of human abilities and traits like empathy, adaptability, and decision-making that are crucial in many professions. Jobs in complex decision-making, problem-solving, and communication skills are required for these positions, which are challenging for computers to mimic and wont be able to be automated. For most the answer is NO, AI wont replace your job.

        2023 - 5 trends with financial institutions

         

        In 2023, if i had a crystal ball, I believe the following trends will become main themes within north american financial institutions:

        1. Increase mobile banking capabilities: Banks should continue to invest in technologies to improve the customer experience on mobile devices. This could include new payment systems, improved security measures and customised experiences for each customer.

        2. Develop AI-driven solutions: Banks can use artificial intelligence to automate mundane tasks and provide more personalised customer service. AI can also be used to detect fraud, improve customer experience, and even predict customer behaviour.

        3. Leverage blockchain technology: Blockchain technology can help banks reduce costs, increase efficiency, and improve security. Banks can use it to develop new services, such as digital asset management, and establish distributed networks to streamline processes.

        4. Introduce open banking: Open banking allows customers to securely share their financial data with third-party providers, such as financial advisors, lenders, and insurers. Banks should look to partner with these organisations to provide more personalised services to their customers.

        5. Utilise digital currencies: Digital currencies are becoming increasingly popular, and banks should look to leverage this technology to offer a more convenient way to send and receive payments. Banks should also look to develop their own digital currencies, and explore the potential of using them to facilitate international payments.

        This will be my last post of the year, Merry Christmas to all and wish everyone a 2023 filled with happiness, health and success.

        7 habits to transform your life

        On this friday evening, sharing some habits that have helped me improve in 2022:

        1.Get up the same time every day

        2.Set realistic goals for the day

        3. No caffeine , coffee or tea past lunch

        4.Plan by writing things with pen and paper

        5.Evening brain dump use your phone voice recorder (Time box it to 1-2 min)

        6. Challenge yourself to do something new 

        7.Time block your activites

         

         

      • What we offer

        Business & Technology Consulting

        We offer clients specialised consulting in areas that we deeply understand. Our services include:

        • - Skills To Envision, Design And Develop Enterprise Apps
        • - Talent For SaaS/PaaS/IaaS In The Cloud
        • - API Architecture
        • - Data Science Talent
        • - ALM deployments – Agile/Devops
        Read more
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  • The Difference Between AI and Deep Learning—And Why You Need Both

Blog

The Difference Between AI and Deep Learning—And Why You Need Both
11 April 2017

AI has already made its way into our smartphones, homes, and gadgets, and it continues to transform other sectors of society like ecommerce, healthcare, and more. It’s the next “big thing” in tech, just like mobile platforms have been in the past decade, and internet-based platforms in the decade before that. AI is such a big deal, in fact, that just recently, eBay’s CEO Devin Wenig said “If you don’t have an AI strategy you are going to die in the world that’s coming.”

AI may get all the buzz in the industry, but what most people don’t recognize is what’s really behind the rise in AI—and that’s Deep Learning.

What’s Deep Learning, Anyway?

Deep Learning is what goes on behind the scenes to make the AI we use on our devices, gadgets, and in our homes possible. In technical terms, it’s defined as a class of machine learning algorithms based on learning multiple levels of features or representations of the data. Experts refer to this “artificial neural networks” with huge amounts of data in hierarchal representation.

It’s called “deep” learning because it’s structured in many different layers, and these layers build on each other to interpret sensory data for a given output. In other words, it takes data like images, sounds, text, etc. and processes it through series of these hierarchal layers to produce the output that we ask for. If you’re interested the in-depth explanation, here’s a great resource.

Examples of Deep Learning you might already be familiar with are things like facial recognition in photos or sentiment analysis in text (like you might see on Facebook). But the potential applications for Deep Learning are practically endless and are applicable in practically every sector—from manufacturing and automotive, to communications, security, finance, and more.

Why Having a Deep Learning Strategy is Important

Having an AI strategy is great—and will be a necessity to keep up with the market in the near future. But without a Deep Learning strategy, your AI strategy won’t be able to keep up. It’s the advances in Deep Learning that produces that improvements in AI we see and use on a daily basis. Big names like Google are already diving in to improving their use of Deep Learning technology—just in the past 2 years the deep learning used in their apps has grown exponentially. And companies who want to stay ahead of the game will need to follow suit, too. Now is the time to start getting involved with creating and growing your Deep Learning strategy rather than waiting for the technology to catch up to what you hope or need it to be able to accomplish. Its algorithms are improving so quickly that starting sooner rather than later means you can take advantage of these improvements as they develop, rather than playing catch up after the fact.

Where Do You Start?

Before jumping into the AI space just because it’s “the next big thing,” it’s smart to determine which tasks it would be most efficient for. Despite the advances in AI we’ve seen just in the past year or two, it still isn’t the most efficient choice for all processes. In some instances, human intervention is still the best option. If your business has tasks that:

  • Are repetitive
  • Are high volume
  • Follow patterns
  • Require limited judgement
  • Have a low cost of mistake

Then these are the best places to start implementing a Deep Learning and AI strategy, while leaving the more complex tasks to humans. That’s not to say however, that both AI and human intervention can’t work together, though.

For example, in the marketing space, AI can help personalize offers to consumers using micro segmentation and customization, but decisions about marketing strategy that will heavily impact revenue or market share are probably best left to humans. In the customer service space, AI systems are great for creating better responses to transactional requests, but decisions for that customer still need to be based on empathy which means human intervention is still a necessity. In sales, AI chat bots can be effective as aids to the sales process, but an actual sales person will still be much more in influencing buyer decision, especially with high ticket B2B scenarios.

However, no matter the sector, AI is sure to disrupt industries more than we can probably even foresee today since it becomes more advance by the day. As an example, scientists in the U.K at the University of Essex and experts at Orbital Media just rolled out a new AI system to aid the NHS in providing customized medical advice and tips to patients. It’s easing the burden on doctors, helping people with self-treatable and minor issues find solutions to their problems without requiring human intervention.

How do you see Deep Learning and AI disrupting industries in the future?

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