The Symbiosis of Humans and Machines: Planning for Our AI-Augmented Future

Our work of tomorrow is going to look vastly different from the work we do today. Artificial intelligence (AI) is augmenting workers in certain roles, and soon this trend will expand to the vast majority of the workforce, allowing humans to do the work that matters and, in the process, vastly improving workforce productivity and effectiveness. Rather than being concerned about a jobless future, organizations are now called upon to prepare for work that’s enhanced through the collaboration of humans and machines.

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Dialog Information Technology

Dialog Information Technology is one of Australia's leading technology services organisations trading nationally from offices in Brisbane, Sydney.

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Software, Future Tech, Application Development Platform

Are Telcos Ready for a Quantum Leap?

Article | August 7, 2023

Quantum technologies present both an opportunity for telcos to solve difficult problems and provide new services and a security threat that could require extensive IT investment. Are Telcos Ready for a Quantum Leap? When Andrew Lord, Senior Manager, Optical Networks and Quantum Research at BT, first started presenting quantum technologies at customer events six or seven years ago, his was the graveyard shift, he says, entertaining attendees at the end of the day with talk of 'crazy quantum stuff.' "But that is no longer the case," says Lord. "Over the last two years, I've noticed a shift where I now speak before lunch, and customers actively seek us out." Two developments may be causing the shift: Customers’ growing awareness of the threats and opportunities that quantum computing presents, plus a recent spike in investment in quantum technology. In 2022, investors plowed $2.35 billion into quantum technology startups, which include companies in quantum computing, communications and sensing, according to McKinsey. The public sector has also been digging deep into its pockets. Last year, the United States added $1.8 billion to its previous spending on quantum technology, and the EU committed an extra $1.2 billion, the consultancy noted, while China made total investments of $15.3 billion. According to Luke Ibbetson, Head of Group R&D at Vodafone, quantum computing's promise lies in solving a probabilistic equation within a few hours. This task would take a classical computer a million years to accomplish. This breakthrough would enable telcos to address optimization problems related to network planning, optimization, and base station placement. The flip side is that a powerful quantum computer could also break the public-key cryptography that protects today’s IT systems from hackers. As a spokesperson at Deutsche Telekom remarks: “Telcos will have to react to the threat of quantum computers to communication security because their core business model is at risk, which is offering secure digital communications.” The idea of quantum computing posing a security threat is not new. In 1994, Peter Shor, a mathematician working at AT&T Bell Labs, showed how a quantum computer could solve the logarithms used to encrypt data. “His work simultaneously ignited multiple new lines of research in quantum computing, information science, and cryptography,” according to an article by the Massachusetts Institute of Technology, where Shor is currently working. Beyond The Lab What has changed nearly thirty years on is that quantum computing is creeping out of the lab. Sizeable obstacles to large-scale quantum computing, however, remain. Quantum computers are highly sensitive to interference from noise, temperature, movement or electromagnetic fields and, therefore, very difficult and expensive to build and operate, especially at scale: IBM’s latest quantum processor, for example, operates at a very low temperature of approximately 0.02 degrees Kelvin. When Deutsche Telekom’s T-Labs tested telco use cases, it found quantum computing coped well with small problem statements. “However, when the problem size was scaled to real-world problem sizes, the quality of the QComp solution degraded,” according to the spokesperson. The company is now awaiting the next generation of quantum computing platforms to redo the analyses. All of this means, for now, quantum computers are not large and powerful enough to crack Shor’s algorithm. The question is, when will someone succeed? The Global Risk Institute tracks the quantum threat timeline. In its latest annual report, the organization asked 40 quantum experts whether they thought it likely that within the next ten years, a quantum computer would break an encryption scheme like RSA-2048 in under 24 hours. Over half the respondents judged the event to be more than 5% likely, and almost a quarter considered it to be more than 50% likely. Any breakthrough will come from a relatively small number of actors. Today, governments and academic institutions are home to around half of the 163 projects accounted for worldwide by Global Quantum Intelligence, a research and analysis company, according to its CEO, André M. König, with big technology companies and specialized startups accounting for the rest. Q2K Nonetheless, the impact of quantum computing could be widespread, even if relatively few of them are built. The challenge of preparing for a post-quantum future is often called Q2K in reference to the Y2K bug. In the late 1990s, many (but not all) governmental organizations and companies spent millions of dollars on Y2K systems integration to ensure that IT programs written from the 1960s through the 1980s would be able to recognize dates after December 31, 1999, all while being uncertain of the scale or the impact of the risk if they didn’t. ‘Q2K’ differs in that there is no specific deadline, and the dangers of a major security breach are much clearer cut. However, it is similar in demanding a lot of work on aging systems. “Cryptography is used everywhere,” points out Lory Thorpe, IBM’s Director of Global Solutions and Offerings, Telecommunications. She adds, “Because telco systems have been built over periods of decades, people don’t actually know where cryptography is being used. So, if you start to look at the impact of public key cryptography and digital signatures being compromised, you start to look at how those two things impact open source, how that impacts the core network, the radio network, [and] OSS/BSS, network management, how the network management speaks to the network functions and so on.” This complexity is why some analysts recommend that telcos take action now. “You’re going to find tens of thousands of vulnerabilities that are critical and vulnerable to a quantum attack. So, do you have to worry about it today? Absolutely - even if it’s in 2035,” says König. “Anyone who has ever done [IT implementation projects], and anyone who’s ever worked in cybersecurity [knows], tens of thousands of vulnerabilities that are critical [requires] years and years and years of just traditional integration work. So, even if you’re skeptical about quantum, if you haven’t started today, it is almost too late already.” Don’t Panic! For the past two to three years, Vodafone has been preparing to migrate some of its cryptographic systems to be quantum-safe, according to Ibbetson. He believes there is no need to panic about this. However, telcos must start planning now. König said, "The telecoms industry as a whole is not moving as quickly as some other sectors, notably the banking, pharmaceutical, and automotive industries. In these sectors, post-quantum security planning often involves CEOs at a very strategic level." For this reason, Vodafone joined forces with IBM in September 2022 to establish the GSMA Post-Quantum Telco Network Taskforce. “Even though many industries are preparing to be able to defend against future quantum threats, we didn’t see anything happening particularly in in the telco space, and we wanted to make sure that it was a focus,” says Ibbetson. “Obviously it will turn into an IT-style transformation, but it’s starting now with understanding what it is we need to mobilize that.” AT&T has also been working to pinpoint what needs to be addressed. Last year, the company said it aims to be quantum-ready by 2025, in the sense that it will have done its due diligence and identified a clear path forward. Minding Your PQCs Companies across multiple sectors are looking to post-quantum cryptography (PQC) to secure their systems, which will use new algorithms that are much harder to crack than RSA. König contends that PQC needs to become “a standard component of companies’ agile defense posture” and believes the development of PQC systems by software and hardware companies will help keep upgrade costs under control. “From a financial point of view, vendors do a fantastic job bringing this to market and making it very accessible,” says König. Lord, who has been researching quantum technologies at BT for over a decade, is also confident that there is “going to be much more available technology.” As a result, even smaller telcos will be able to invest in securing their systems. “It doesn't need a big boy with lots of money [for] research to do something around PQC. There’s a lot of work going on to ratify the best of those solutions,” says Lord. There are several reasons why eyes are on software based PQC. Firstly, it can be used to secure data that was encrypted in the past, quantum computing advances will make vulnerable in the future. In addition, the quantum-based alternative to PQC for securing network traffic called quantum key distribution (QKD), comes with a huge drawback for wireless operators. QKD is hardware-based and uses quantum mechanics to prevent interception across optical fiber and satellite (i.e., free space optical) networks, making it secure, albeit expensive. But for reasons of physics, it does not work on mobile networks. Setting Standards Given the importance of PQC, a lot of effort is going into standardizing robust algorithms. The political weight of the US and the size of its technology industry mean that the US government’s National Institute of Standards and Technology (NIST) is playing a key role in the technical evaluation of post-quantum standardization algorithms and creating standards. NIST expects to publish the first set of post-quantum cryptography standards in 2024. In the meantime, Dustin Moody, a NIST mathematician, recommends (in answers emailed to inform) that companies “become familiar and do some testing with the algorithms being standardized, and how they will fit in your products and applications. Ensure that you are using current best-practice cryptographic algorithms and security strengths in your existing applications. Have somebody designated to be leading the effort to transition. QKD There is no absolute guarantee, however, that a quantum computer in the future won’t find a way to crack PQC. Therefore, institutions such as government agencies and banks remain interested in using QKD fiber and satellite networks to ensure the highest levels of security for data transmission. The European Commission, for example, is working with the 27 EU Member States and the European Space Agency (ESA) to design, develop and deploy a QKD-based European Quantum Communication Infrastructure (EuroQCI). It will be made up of fiber networks linking strategic sites at national and cross-border levels and a space segment based on satellites. EuroQCI will reinforce the protection of Europe’s governmental institutions, their data centers, hospitals, energy grids, and more,” according to the EU. Telecom operators are involved in some of the national programs, including Orange, which is coordinating France’s part of the program called FranceQCI (Quantum Communication Infrastructure). Separately, this month, Toshiba and Orange announced they had successfully demonstrated the viability of deploying QKD on existing commercial networks. Outside the EU, BT has already built and is now operating a commercial metro quantum-encryption network in London. “The London network has three quantum nodes, which are the bearers carrying the quantum traffic for all of the access ingress,” explains Lord. For example, a customer in London's Canary Wharf could link via the network to the nearest quantum-enabled BT exchange. From there, it joins a metro network, which carries the keys from multiple customers “in an aggregated cost-effective way to the egress points,” according to Lord. “It is not trivial because you can mess things up and [get] the wrong keys,” explains Lord. “You really have to be more careful about authentication and key management. And then it's all about how you engineer your quantum resources to handle bigger aggregation.” It also gives BT the opportunity to explore how to integrate quantum systems downstream into its whole network. “What I'm telling the quantum world is that they need to get into the real world because a system that uses quantum is still going to be 90%, non-quantum and all of the usual networking rules and engineering practices apply. You still need to know how to handle fiber. You still need to know how to provision a piece of equipment and integrate it into a network.” SK Telecom is also heavily involved in quantum-related research, with developments including QKD systems for the control and interworking of quantum cryptography communication networks. Japan is another important center of QKD research. A QKD network has existed in Tokyo since 2010, and in 2020, financial services company Nomura Securities Co., Ltd. tested the transmission of data across the Tokyo QKD network. As the EU’s project makes clear, satellite is an important part of the mix. Lord expects satellite-based QKD networks to come on stream as of 2025 and 2026, enabling the purchase of wholesale quantum keys from a dedicated satellite quantum provider. Back in 2017, China already used the satellite to make the first very long-distance transmission of data secured by QKD between Beijing and Vienna, a distance of 7,000km. Securing The Edge There are additional efforts to secure communications with edge devices. BT’s Lord, for example, sees a role for digital fingerprints for IoT devices, phones, cars and smart meters in the form of a physical unclonable function (PUF) silicon chip, which, because of random imperfections in its manufacture, cannot be copied. In the UK, BT is trialing a combination of QKD and PUF to secure the end-to-end journey of a driverless car. The connection to the roadside depends on standard radio with PUF authentication, while transmission from the roadside unit onward, as well as the overall control of the autonomous vehicle network, incorporate QKD, explains Lord. SK Telecom has developed what it describes as a quantum-enhanced cryptographic chip with Korea Computer & Systems (KCS) and ID Quantique. Telefónica Spain has partnered on the development of a quantum-safe 5G SIM card and has integrated quantum technology into its cloud service hosted in its virtual data centers. Given China’s heavy investment in quantum technologies, it is no surprise to see its telecom operators involved in the field. China Telecom, for example, recently invested three billion yuan ($434m) in quantum technology deployment, according to Reuters. Quantum in The Cloud Some of America's biggest technology companies are investing in quantum computing. Today, it is even possible to access quantum computing facilities via the cloud, albeit at on small scale. IBM's cloud access to quantum computers is free for the most basic level, rising to $1.60 per second for the next level. And it is just the beginning. America's big tech companies are racing to build quantum computers at scale. One measure of scale is the size of a quantum processor, which is measured in qubits. While a traditional computer stores information as a 0 or 1, a qubit can represent both 0 and 1 simultaneously. This unique property enables a quantum computer to explore multiple potential solutions to a problem simultaneously; and the greater the stability of its qubits, the more efficient it becomes. IBM has a long history in quantum research and development. In 1998, it unveiled what was then a ground-breaking 2-qubit computer. By 2022, it had produced a 433-qubit processor, and in 2023, it aims to produce a 1,121-qubit processor. Separately, this month, it announced the construction of its first quantum data center in Europe, which it expects to begin offering commercial services as of next year. Google is also firmly in the race to build a large-scale quantum computer. In 2019, a paper in Nature featured Google’s Sycamore processor and the speed with which it undertakes computational tasks. More recent work includes an experimental demonstration of it’s possible to reduce errors by increasing the number of qubits. Microsoft reckons that "a quantum machine capable of solving many of the hardest problems facing humanity will ultimately require at least 1 million stable qubits that can perform 1 quintillion operations while making at most a single error." To this end, it is working on what it calls a new type of qubit, a topological qubit. Amazon announced in 2021 an AWS Center for Quantum Computing on the Caltech campus to build a fault-tolerant quantum computer.

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Neural Networks

Empowering Industry 4.0 with Artificial Intelligence

Article | September 15, 2023

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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Software, Future Tech, Application Development Platform

How Artificial Intelligence Is Transforming Businesses

Article | July 24, 2023

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Spotlight

Dialog Information Technology

Dialog Information Technology is one of Australia's leading technology services organisations trading nationally from offices in Brisbane, Sydney.

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Software

BMC Software Announces AIOps in BMC Helix for AI-Optimized IT Ops

BMC Software | November 06, 2023

BMC Software's new AIOps capabilities in BMC Helix Operations Management use AI for quick IT issue resolution. The solution boosts IT operations in hybrid, multi-cloud environments, enhancing visibility and service performance. New features like service blueprints, causal AI-powered explainability, and AIOps situation fingerprinting expedite incident resolution and risk recovery. BMC Software, a global leader in IT solutions, announces new AIOps capabilities for its BMC Helix Operations Management solution using the BMC HelixGPT capability. The solution uses advanced AI to find problems' root causes more quickly. It changes the way IT works by adding dynamic service modeling, situation explainability, and deep container auto-detection to better understand containerized environments. As businesses grapple with complex hybrid, multi-cloud environments and increasing data volume and complexity, the need for advanced AI and machine learning to drive visibility, observability, and optimum business service performance is paramount. Nancy Gohring, research director for IDC's Enterprise System Management, Observability and AIOps program, emphasized the importance of modernizing IT operations in line with the adoption of hybrid and cloud-native technologies. AIOps capabilities that leverage AI to pinpoint problem causes, guide users to the correct response, and predict potential future issues are key to ensuring service delivery aligns with business outcomes. The BMC Helix Operations Management solution combines advanced causal AI to identify issue root causes, predictive AI for proactive problem identification and resolution, and generative AI for automating event summaries and best action recommendations for complex problems. These innovations enable IT operations to deliver higher service availability and resilience to businesses, driving efficient operational performance with greater tool silo visibility and superior AI-driven insights for significantly improved problem identification and repair times. The new BMC Helix Operations Management innovations include out-of-the-box service blueprints, situation explainability powered by causal AI, and AIOps situation fingerprinting powered by AI, GPT, and NLP. These features ensure accurate service models in ever-changing IT environments, swift incident resolution, and faster recovery from service outages and other potential risks. While the new AIOps capabilities in BMC's Helix Operations Management solution offer a host of benefits, they also present potential challenges. The complexity of AI systems can lead to difficulties in understanding and controlling their operations, which could pose challenges in troubleshooting and rectifying issues. Additionally, the heavy reliance on AI might reduce the level of human oversight in IT operations, which could be risky in certain scenarios. The effectiveness of the solution is also heavily dependent on the quality and quantity of data it receives, which might not always be optimal in real-world scenarios. On the brighter side, the benefits of this solution are substantial. The use of advanced AI capabilities allows for swift identification and resolution of IT issues, greatly improving operational efficiency. The solution's ability to enhance IT operations in complex hybrid, multi-cloud environments is a significant advantage, as it provides much-needed visibility and service performance. The new features, including out-of-the-box service blueprints, causal AI-powered explainability, and AIOps situation fingerprinting, ensure swift incident resolution and faster recovery from potential risks. These innovations lead to higher service availability and resilience, which are crucial for businesses in today's digital age. Overall, despite some potential challenges, the BMC Helix Operations Management solution's new AIOps capabilities present a promising advancement in the field of IT operations management.

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General AI

Deloitte Strengthens ERP Efficiency via AI Integration in SAP BTP

Deloitte | October 13, 2023

Deloitte integrates Generative AI into SAP BTP to optimize ERP services. The Clean Core + Edge Innovation strategy streamlines cloud development and AI in SAP BTP. Deloitte's AI commitment evident in training 120,000 professionals, recognized by SAP. Deloitte's latest move involves an expansion in its practices for the SAP Business Technology Platform (SAP BTP) by incorporating generative AI solutions for its clients. The integration of these advanced technologies aims to streamline processes and provide data-driven insights, ultimately enhancing the value delivered to clients within the enterprise resource planning (ERP) domain. Deloitte's strategy, known as Clean Core + Edge Innovation, emphasizes the fusion of cloud application development and AI capabilities within the SAP BTP framework. The goal is to enable clients to derive tangible business outcomes while minimizing technical complexities. By leveraging SAP BTP's capabilities in conjunction with Generative AI, Deloitte anticipates delivering tailored solutions optimized for cloud-based ERP platforms. Chip Kleinheksel, Enterprise Performance Generative AI Leader and SAP Chief Technology Officer at Deloitte Consulting LLP, reportedly emphasized, Our efforts to drive innovation and value for clients remain at the forefront of our strategy. Expanding our SAP BTP practices is the next step in our journey, bolstering our AIOPS.D micro-solutions and enabling SAP AI Services to facilitate autonomous processes within industry-specific cloud solutions. [Source – CISION PR Newswire] Juergen Mueller, Chief Technology Officer and Executive Board Member of SAP SE, highlighted the significance of SAP BTP in fostering generative AI-powered applications across various business functions. He reportedly stated, Deloitte's Clean Core + Edge Innovation approach can accelerate opportunities for transformation through generative AI, particularly in conjunction with SAP S/4HANA and SAP BTP. This expansion highlights our commitment to continuously innovating and unlocking new value for customers. [Source – CISION PR Newswire] Furthermore, Deloitte's Clean Core + Edge Innovation approach aims to reduce technical debt and facilitate agile innovation through SAP BTP's capabilities, such as low-code application extensions and API-driven integration. The integration of generative AI applications, including agent-based simulation, virtual assistants, predictive analytics, computer vision, and natural language processing, seeks to bolster enterprise productivity and expertise. Deloitte's commitment to advancing its generative AI capabilities is underscored by its investment in training over 120,000 professionals through the AI Academy, as well as its substantial financial commitment to global technology learning and development initiatives. With the recent recognition from SAP through the SAP Pinnacle Award and the Premium Supplier Designation for Cloud Managed Services, Deloitte remains dedicated to delivering innovative solutions to its clients, solidifying its position as a leader in the professional services landscape.

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Software

Docupace Releases Developer Portal to Catalyze Fintech Innovation

Docupace | September 22, 2023

Docupace Technologies, renowned for its cloud-based fintech solutions tailored to the wealth management sector, has introduced the Developer Portal, a comprehensive hub designed to empower developers. It serves as a one-stop shop for developers to access and utilize Docupace's APIs and associated developer resources. It is set to facilitate innovation and collaboration within the financial technology industry. The Developer Portal provides an extensive array of resources, including detailed API documentation, tutorials, widgets, and practical examples. Developers can also perform tasks such as creating accounts, generating API keys, and testing their applications with Docupace's live APIs through this portal. Liz Pavlik, Executive of Product Management for Docupace, reportedly expressed excitement, stating, We are excited to launch our Developer Portal and make it easier for developers to build innovative solutions using our APIs. Our goal is to provide developers with the resources they need to be successful, and we believe the Developer Portal will play a key role in achieving that goal. [Source – Cision PR Newswire] Key features of the Docupace API Developer Portal: Comprehensive Documentation: In-depth insights into each API, including usage instructions, endpoints, parameters, authentication methods, and response formats. Tutorials and Examples: Resources to assist developers in getting started with Docupace's APIs Self-Service Account Management: Developers can create accounts, generate API keys, and manage subscriptions within the portal. Live API Testing: A platform for developers to test their applications against live APIs Interactive Code Samples: Real-world code samples in multiple programming languages to aid integration with the Docupace Platform. Robust Testing Environment: Controlled sandbox environment for efficient code validation and troubleshooting. Community Collaboration: A platform for developers to discuss, share knowledge, and collaborate on projects Matt Fields, Vice President of Research and Development at Docupace, affirmed the company's commitment to ongoing development and encouraged developers to provide feedback and suggestions through the portal's AI chatbot. About Docupace Docupace, headquartered in Los Angeles, California, is a leading digital operations technology provider specializing in streamlining and digitizing processes for wealth management firms. Its secure, cloud-based Docupace Platform offers solutions for client onboarding, document management, advisor transitions, cybersecurity, and regulatory compliance. With a focus on efficiency and compliance, Docupace serves a diverse range of financial firms, including some of the industry's largest players. Its expertise lies in web-based solutions, imaging, workflow management, and SaaS offerings, making them a valuable partner for financial services organizations seeking operational enhancements.

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Software

BMC Software Announces AIOps in BMC Helix for AI-Optimized IT Ops

BMC Software | November 06, 2023

BMC Software's new AIOps capabilities in BMC Helix Operations Management use AI for quick IT issue resolution. The solution boosts IT operations in hybrid, multi-cloud environments, enhancing visibility and service performance. New features like service blueprints, causal AI-powered explainability, and AIOps situation fingerprinting expedite incident resolution and risk recovery. BMC Software, a global leader in IT solutions, announces new AIOps capabilities for its BMC Helix Operations Management solution using the BMC HelixGPT capability. The solution uses advanced AI to find problems' root causes more quickly. It changes the way IT works by adding dynamic service modeling, situation explainability, and deep container auto-detection to better understand containerized environments. As businesses grapple with complex hybrid, multi-cloud environments and increasing data volume and complexity, the need for advanced AI and machine learning to drive visibility, observability, and optimum business service performance is paramount. Nancy Gohring, research director for IDC's Enterprise System Management, Observability and AIOps program, emphasized the importance of modernizing IT operations in line with the adoption of hybrid and cloud-native technologies. AIOps capabilities that leverage AI to pinpoint problem causes, guide users to the correct response, and predict potential future issues are key to ensuring service delivery aligns with business outcomes. The BMC Helix Operations Management solution combines advanced causal AI to identify issue root causes, predictive AI for proactive problem identification and resolution, and generative AI for automating event summaries and best action recommendations for complex problems. These innovations enable IT operations to deliver higher service availability and resilience to businesses, driving efficient operational performance with greater tool silo visibility and superior AI-driven insights for significantly improved problem identification and repair times. The new BMC Helix Operations Management innovations include out-of-the-box service blueprints, situation explainability powered by causal AI, and AIOps situation fingerprinting powered by AI, GPT, and NLP. These features ensure accurate service models in ever-changing IT environments, swift incident resolution, and faster recovery from service outages and other potential risks. While the new AIOps capabilities in BMC's Helix Operations Management solution offer a host of benefits, they also present potential challenges. The complexity of AI systems can lead to difficulties in understanding and controlling their operations, which could pose challenges in troubleshooting and rectifying issues. Additionally, the heavy reliance on AI might reduce the level of human oversight in IT operations, which could be risky in certain scenarios. The effectiveness of the solution is also heavily dependent on the quality and quantity of data it receives, which might not always be optimal in real-world scenarios. On the brighter side, the benefits of this solution are substantial. The use of advanced AI capabilities allows for swift identification and resolution of IT issues, greatly improving operational efficiency. The solution's ability to enhance IT operations in complex hybrid, multi-cloud environments is a significant advantage, as it provides much-needed visibility and service performance. The new features, including out-of-the-box service blueprints, causal AI-powered explainability, and AIOps situation fingerprinting, ensure swift incident resolution and faster recovery from potential risks. These innovations lead to higher service availability and resilience, which are crucial for businesses in today's digital age. Overall, despite some potential challenges, the BMC Helix Operations Management solution's new AIOps capabilities present a promising advancement in the field of IT operations management.

Read More

General AI

Deloitte Strengthens ERP Efficiency via AI Integration in SAP BTP

Deloitte | October 13, 2023

Deloitte integrates Generative AI into SAP BTP to optimize ERP services. The Clean Core + Edge Innovation strategy streamlines cloud development and AI in SAP BTP. Deloitte's AI commitment evident in training 120,000 professionals, recognized by SAP. Deloitte's latest move involves an expansion in its practices for the SAP Business Technology Platform (SAP BTP) by incorporating generative AI solutions for its clients. The integration of these advanced technologies aims to streamline processes and provide data-driven insights, ultimately enhancing the value delivered to clients within the enterprise resource planning (ERP) domain. Deloitte's strategy, known as Clean Core + Edge Innovation, emphasizes the fusion of cloud application development and AI capabilities within the SAP BTP framework. The goal is to enable clients to derive tangible business outcomes while minimizing technical complexities. By leveraging SAP BTP's capabilities in conjunction with Generative AI, Deloitte anticipates delivering tailored solutions optimized for cloud-based ERP platforms. Chip Kleinheksel, Enterprise Performance Generative AI Leader and SAP Chief Technology Officer at Deloitte Consulting LLP, reportedly emphasized, Our efforts to drive innovation and value for clients remain at the forefront of our strategy. Expanding our SAP BTP practices is the next step in our journey, bolstering our AIOPS.D micro-solutions and enabling SAP AI Services to facilitate autonomous processes within industry-specific cloud solutions. [Source – CISION PR Newswire] Juergen Mueller, Chief Technology Officer and Executive Board Member of SAP SE, highlighted the significance of SAP BTP in fostering generative AI-powered applications across various business functions. He reportedly stated, Deloitte's Clean Core + Edge Innovation approach can accelerate opportunities for transformation through generative AI, particularly in conjunction with SAP S/4HANA and SAP BTP. This expansion highlights our commitment to continuously innovating and unlocking new value for customers. [Source – CISION PR Newswire] Furthermore, Deloitte's Clean Core + Edge Innovation approach aims to reduce technical debt and facilitate agile innovation through SAP BTP's capabilities, such as low-code application extensions and API-driven integration. The integration of generative AI applications, including agent-based simulation, virtual assistants, predictive analytics, computer vision, and natural language processing, seeks to bolster enterprise productivity and expertise. Deloitte's commitment to advancing its generative AI capabilities is underscored by its investment in training over 120,000 professionals through the AI Academy, as well as its substantial financial commitment to global technology learning and development initiatives. With the recent recognition from SAP through the SAP Pinnacle Award and the Premium Supplier Designation for Cloud Managed Services, Deloitte remains dedicated to delivering innovative solutions to its clients, solidifying its position as a leader in the professional services landscape.

Read More

Software

Docupace Releases Developer Portal to Catalyze Fintech Innovation

Docupace | September 22, 2023

Docupace Technologies, renowned for its cloud-based fintech solutions tailored to the wealth management sector, has introduced the Developer Portal, a comprehensive hub designed to empower developers. It serves as a one-stop shop for developers to access and utilize Docupace's APIs and associated developer resources. It is set to facilitate innovation and collaboration within the financial technology industry. The Developer Portal provides an extensive array of resources, including detailed API documentation, tutorials, widgets, and practical examples. Developers can also perform tasks such as creating accounts, generating API keys, and testing their applications with Docupace's live APIs through this portal. Liz Pavlik, Executive of Product Management for Docupace, reportedly expressed excitement, stating, We are excited to launch our Developer Portal and make it easier for developers to build innovative solutions using our APIs. Our goal is to provide developers with the resources they need to be successful, and we believe the Developer Portal will play a key role in achieving that goal. [Source – Cision PR Newswire] Key features of the Docupace API Developer Portal: Comprehensive Documentation: In-depth insights into each API, including usage instructions, endpoints, parameters, authentication methods, and response formats. Tutorials and Examples: Resources to assist developers in getting started with Docupace's APIs Self-Service Account Management: Developers can create accounts, generate API keys, and manage subscriptions within the portal. Live API Testing: A platform for developers to test their applications against live APIs Interactive Code Samples: Real-world code samples in multiple programming languages to aid integration with the Docupace Platform. Robust Testing Environment: Controlled sandbox environment for efficient code validation and troubleshooting. Community Collaboration: A platform for developers to discuss, share knowledge, and collaborate on projects Matt Fields, Vice President of Research and Development at Docupace, affirmed the company's commitment to ongoing development and encouraged developers to provide feedback and suggestions through the portal's AI chatbot. About Docupace Docupace, headquartered in Los Angeles, California, is a leading digital operations technology provider specializing in streamlining and digitizing processes for wealth management firms. Its secure, cloud-based Docupace Platform offers solutions for client onboarding, document management, advisor transitions, cybersecurity, and regulatory compliance. With a focus on efficiency and compliance, Docupace serves a diverse range of financial firms, including some of the industry's largest players. Its expertise lies in web-based solutions, imaging, workflow management, and SaaS offerings, making them a valuable partner for financial services organizations seeking operational enhancements.

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