4 Reasons Why Companies are Using AutoML

The meager supply and high salaries of data scientists have led to a decision among many companies totally in keeping with artificial intelligence ― to automate whatever is possible. Case in point is machine learning. A Forrester study found that automated machine learning (AutoML) has been adopted by 61% of data and analytics decision makers in companies…

Why cyber fraud prevention is better than cure

There’s a cyber security arms race happening right now – and the criminals are winning. Estimates predict the cost of cybercrime will top $10.5 trillion by 2025, with financial institutions being particularly vulnerable. One study found the average cost of cybercrime to financial services companies was $18 million – 40% higher than the average cost…

Why the modern supply chain must ditch siloed working

The global supply chain isn’t just bending, it’s on the verge of breaking. Pent-up demand from the lifting of lockdowns, geopolitical instability, war, problems in China, inflation and energy costs are all factors in creating an unprecedented level of supply chain instability – which pose an existential threat to companies the world over. Known as…

Thoughtworks NEO streamlines in-house app dev

Even software developers can use a hand. That’s the intent of Thoughtworks’ homegrown Network Enabled Organization (NEO) toolbox, a development portal that has sped up application development from idea to deliverable on average 30% faster by automating much of the grunt work — and advanced tasks, too — out of the development process. “Making developers…

Tips for CIOs looking to change verticals

Technology today has become the fulcrum for achieving business goals. With enterprises across verticals increasingly realizing the value of IT, career opportunities abound for CIOs willing to make the switch from one vertical to another. Doing so can provide financial gain, but there are other compelling drivers for IT leaders to make the shift —…

Digital twins: 5 success stories

Humans have always gathered data to better understand the physical world around us. Today, companies are increasingly seeking to meld the digital world of data with the physical world through digital twins. Digital twins serve as a bridge between the two domains, providing a real-time virtual representation of physical objects and processes. These virtual clones…