Artificial Intelligence (AI) is quickly finding a place at the heart of the enterprise, with it set to affect 25 percent of technology spend going forward, according to Accenture. Enabling better-informed decisions by augmenting human intelligence with powerful computing and precise data analysis, and then automating the tasks that follow, AI and automation – like an AA battery – have the power to energise business and help them drive towards success.
Their rapid emergence has been driven by three factors. The cloud has made huge amounts of computing and processing power available, on demand. The data deluge – where 90 percent of the world’s data has been created in just the last two years – has brought the critical mass needed to power the smart algorithms that drive these new capabilities. New AI tools that can easily be integrated into a business as an engine for innovation, are helping organisations more easily adopt them and gain benefit.
With so many potential applications for AI, where should companies start, especially given Forrester’s caution that in 2018, 75% of AI projects will underwhelm because they fail to model operational considerations? Here are five key areas for consideration:
1. Driving value from data: We live in a world where data is big and insight needs to be in real-time. As data sets become larger, new, automated, AI-enabled tools will speed up the ability to find the needle in the haystack and then ensure appropriate action is taken. These tools will also have an incredibly powerful role to play in how data is managed. Taking on the tasks of running, patching and optimising databases and data warehouses, these new offerings will deliver unprecedented availability, performance, and security—at a significantly lower cost by eliminating the cost of human error stemming from manual processes.
2. Rebalancing the cyber warfare: Another area where humans can’t keep up is around the rapidly expanding challenges inherent to enterprise cybersecurity. There are too many devices, too many applications, too many users, too many infringements and too many megabytes of log files for humans to make sense of it all, and then react in a timescale that would make a difference, in today’s world, that potentially could be milliseconds. Businesses will need to rely on AI and automation to automate the detection, prevention and response to security breaches, performance anomalies, and vulnerabilities. Only by using machines to fight machines will companies be able to reprioritize and rethink about how they defend their information.
3. The search for operational excellence: Businesses are under increasing pressure to reduce time-to market for new applications and services. At the same time, they are overwhelmed by the distributed nature and volume of their operational systems, finding their siloed form hindering their ability to make good decisions, troubleshoot issues and drive cross business collaboration. Cloud, while simplifying things in certain areas has added an extra dimension, making it increasingly difficult for IT teams to optimise enterprise systems and prevent catastrophic failures. AI can automate the many various monitoring and control requirements needed to keep enterprise systems running at their best, helping identify anomalies that human teams would have missed, enabling new levels of optimisation.
4. Boosting business performance: Embedded AI capabilities within core business applications such as enterprise resource planning (ERP), human capital management (HCM), supply chain management (HCM), Sales and Marketing are helping make the decision-making process simpler and more efficient for business professionals across the organisation. In Finance this has the potential to improve activities like supplier negotiations, especially at times like end of quarter reporting when companies are also focused on optimising cash flow needs and balancing costs. In HR, recruiters would be better able to identify the best candidates in the shortest time. For Marketing professionals AI is already being used to help them run more personalised campaigns around next best offers.
5. Creating conversation from chat – Finally, as shown by Bajaj, a good area to start with AI is chatbots, especially given the rising importance of the customer experience set to be a key competitive battle ground for 2018. With new AI enabled platforms available that make it quick and easy to build and train Intelligent Bots without the need for specialist AI skills.
Without doubt, AI will be an increasingly important element of the business environment, and is not something that can be watched from the sidelines. Given that the benefits of AI are really quite simple – speed from automation and the ability to make better decisions – if the guy in front makes a better decision than you and does it faster, you are going to be outraced. You can’t afford to sit back and wait.
- Niral Patel, Managing Director Oracle South Africa
Veeam passes $1bn, prepares for cloud’s ‘Act II’
Leader in cloud-data management reveals how it will harness the next growth phase of the data revolution, writes ARTHUR GOLDSTUCK
Veeam Software, the quiet leader in backup solutions for cloud data management,has announced that it has passed $1-billion in revenues, and is preparing for the next phase of sustained growth in the sector.
Now, it is unveiling what it calls Act II, following five years of rapid growth through modernisation of the data centre. At the VeeamON 2019conferencein Miami this week, company co-founder Ratmir Timashev declared that the opportunities in this new era, focused on managing data for the hybrid cloud, would drive the next phase of growth.
“Veeam created the VMware backup market and has dominated it as the leader for the last decade,” said Timashev, who is also executive vice president for sales and marketing at the organisation. “This was Veeam’s Act I and I am delighted that we have surpassed the $1 billion mark; in 2013 I predicted we’d achieve this in less than six years.
“However, the market is now changing. Backup is still critical, but customers are now building hybrid clouds with AWS, Azure, IBM and Google, and they need more than just backup. To succeed in this changing environment, Veeam has had to adapt. Veeam, with its 60,000-plus channel and service provider partners and the broadest ecosystem of technology partners, including Cisco, HPE, NetApp, Nutanix and Pure Storage, is best positioned to dominate the new cloud data management in our Act II.”
In South Africa, Veeam expects similar growth. Speaking at the Cisco Connect conference in Sun City this week, country manager Kate Mollett told Gadget’s BRYAN TURNER that the company was doing exceptionally well in this market.
“In financial year 2018, we saw double-digit growth, which was really very encouraging if you consider the state of the economy, and not so much customer sentiment, but customers have been more cautious with how they spend their money. We’ve seen a fluctuation in the currency, so we see customers pausing with big decisions and hoping for a recovery in the Rand-Dollar. But despite all of the negatives, we have double digit growth which is really good. We continue to grow our team and hire.
“From a Veeam perspective, last year we were responsible for Veeam Africa South, which consisted of South Africa, SADC countries, and the Indian Ocean Islands. We’ve now been given the responsibility for the whole of Africa. This is really fantastic because we are now able to drive a single strategy for Africa from South Africa.”
Veeam has been the leading provider of backup, recovery and replication solutions for more than a decade, and is growing rapidly at a time when other players in the backup market are struggling to innovate on demand.
“Backup is not sexy and they made a pretty successful company out of something that others seem to be screwing up,” said Roy Illsley, Distinguished Analyst at Ovum, speaking in Miami after the VeeamOn conference. “Others have not invested much in new products and they don’t solve key challenges that most organisations want solved. Theyre resting on their laurels and are stuck in the physical world of backup instead of embracing the cloud.”
Illsley readily buys into the Veeam tagline. “It just works”.
“They are very good at marketing but are also a good engineering comany that does produce the goods. Their big strength, that it just works, is a reliable feature they have built into their product portfolio.”
Veeam said in statement from the event that, while it had initially focused on server virtualisation for VMware environments, in recent years it had expanded this core offering. It was now delivering integration with multiple hypervisors, physical servers and endpoints, along with public and software-as-a-service workloads, while partnering with leading cloud, storage, server, hyperconverged (HCI) and application vendors.
This week, it announced a new “with Veeam”program, which brings in enterprise storage and hyperconverged (HCI) vendors to provide customers with comprehensive secondary storage solutions that combine Veeam software with industry-leading infrastructure systems. Companies like ExaGrid and Nutanix have already announced partnerships.
Timashev said: “From day one, we have focused on partnerships to deliver customer value. Working with our storage and cloud partners, we are delivering choice, flexibility and value to customers of all sizes.”
‘Energy scavenging’ funded
As the drive towards a 5G future gathers momentum, the University of Surrey’s research into technology that could power countless internet enabled devices – including those needed for autonomous cars – has won over £1M from the Engineering and Physical Sciences Research Council (EPSRC) and industry partners.
Surrey’s Advanced Technology Institute (ATI) has been working on triboelectric nanogenerators (TENG), an energy harvesting technology capable of ‘scavenging’ energy from movements such as human motion, machine vibration, wind and vehicle movements to power small electronic components.
TENG energy harvesting is based on a combination of electrostatic charging and electrostatic induction, providing high output, peak efficiency and low-cost solutions for small scale electronic devices. It’s thought such devices will be vital for the smart sensors needed to enable driverless cars to work safely, wearable electronics, health sensors in ‘smart hospitals’ and robotics in ‘smart factories.’
The ATI will be partnered on this development project with the Georgia Institute of Technology, QinetiQ, MAS Holdings, National Physical Laboratory, Soochow University and Jaguar Land Rover.
Professor Ravi Silva, Director of the ATI and the principal investigator of the TENG project, said: “TENG technology is ideal to power the next generation of electronic devices due to its small footprint and capacity to integrate into systems we use every day. Here at the ATI, we are constantly looking to develop such advanced technologies leading towards our quest to realise worldwide “free energy”.
“TENGs are an ideal candidate to power the autonomous electronic systems for Internet of Things applications and wearable electronic devices. We believe this research grant will allow us to further the design of optimized energy harvesters.”