AI enterprise apps ‘rapidly evolving’ with CRM and ERM spheres key, says IDC

The role of artificial intelligence (AI) applications in enterprises is 'rapidly evolving' with particular focus on the customer relationship management (CRM) and enterprise resource management (ERM) spheres, according to IDC.

As per the analyst firm's latest Worldwide Semiannual Artificial Intelligence Tracker analysis, IDC found global revenues for the overall AI market, including software, hardware and services, will top $156.5 billion in 2020.Of this, software will comprise...

What are the main challenges chief procurement officers face today?

As we move towards a new world of business, post the pandemic, without a doubt COVID-19 has severely disrupted supply chains on a global scale. Procurement leaders are having to maintain business operations, fulfill urgent demands, and mitigate supplier challenges against a backdrop of significant disruption to their teams and their partner ecosystem.  Moving forward resilience will be the watchword and as CPOs start to think about the short and medium-term needs of the...

10 ways AI is improving new product development

Startups’ ambitious AI-based new product development is driving AI-related investment with $16.5B raised in 2019, driven by 695 deals according to PwC/CB Insights MoneyTree Report, Q1 2020. AI expertise is a skill product development teams are ramping up their recruitment efforts to find, with over 7,800 open positions on Monster, over 3,400 on LinkedIn and over 4,200 on Indeed as of today. One in ten enterprises now uses ten or more AI applications, expanding the Total Available...

Managing the complexities of IT convergence: Exploring the future

Today, IT pros find themselves in a new reality, where IT roles have converged in response to the interconnected nature of modern environments. While a focus on cloud and hybrid IT architectures has been crucial in breaking down silos, it’s not without complexities. Ensuring uptime, availability, and performance of systems and applications, and greater collaboration with leadership to drive business success, is paramount. The global Covid-19 pandemic has amplified this, as organisations...

How to build a business case for endpoint security

Bottom line:  Endpoint security business cases do much more than just quantify costs and benefits; they uncover gaps in endpoint and cyber protection that need urgent attention to avert a breach.

Bad actors and hackers prefer to attack threat surfaces that are isolated, vulnerable with out-of-date security patches, yet integrated into a corporate network to provide access. For these reasons and more, endpoints are now the popular choice for hacking attempts. Ponemon Institute’s...

Six key areas where AI is improving customer experiences

Bottom Line: This year’s hard reset is amplifying how vital customer relationships are and how much potential AI has to find new ways to improve them.

30% of customers will leave a brand and never come back because of a bad experience.27% of companies say improving their customer intelligence and data efforts are their highest priority when it comes to customer experience (CX).By 2023, 30% of customer service organizations will deliver proactive customer services by using...

Five key reasons to adopt API management SaaS

In our modern technology infrastructure, API usage is growing rapidly, driven in many cases by digital transformation, a platform approach, growing ecosystems, innovation demands and increasing regulations.

But APIs have been in the technology canvas for nearly two decades, with almost all the major software vendors releasing their APIs after the year 2000. For example, Salesforce and eBay released their APIs in 2000, Amazon in 2002, and Facebook in 2006. Today, APIs are a...

Putting the user first: Why goals, comms, and transparency are key for internal services

Internal services are the lifeblood of every organisation. Supporting departments, such as IT, human resources, and facility management, enable a slick working environment. Setting up an employee’s workstation, resolving a technical problem, or reserving a meeting room are all possible because of the provision of quality user service support.

These simple but vital functions are foundational to the...

Most organisations still think humans are better than AI in detecting cyberthreats

Almost 60 per cent of respondents polled by WhiteHat Security said they were still more confident in cyberthreat findings verified by humans over those intelligent technologies.

In its latest report, titled “AI and Human Element Security Sentiment Study”, which surveyed 102 industry professionals, WhiteHat Security found over half of the organisations use AI or machine learning in their...

Three key MSP considerations for 2020 and beyond as 5G arrives

In today’s climate, many Managed Service Providers (MSPs) are at a crossroads. The industry is growing at an impressive rate of 12.5% annually since 2014, but despite this wave of optimism, many providers remain apprehensive about the road that lies ahead. Shifts in the industry have shaped client demands and forced changes in many MSP sales models. The good news: managed services aren’t going anywhere. There is currently an increased...