This report by Raconteur focuses on how automation and artificial intelligence is the cornerstone of the future of work whilst aiming to empower employers and employees to see humans and machines working together.
With the digital universe doubling in size every two years - it will reach 44 trillion gigabytes by 2020, according to International Data Corporation calculations - the pressure is ratcheting up for business leaders to embrace data science. If data is the new oil, as the popular analogy flows, C-suite executives realise they must siphon off value, somehow.
Big data and analytics have joined forces to become a method for converting huge data volumes into next-level insights. Organisations that fail to move quickly to take advantage of the plethora of data-hungry technologies offered by artificial intelligence (AI) and the internet of things (IoT) face being drowned by competitors.
However, as the Augmented Enterprise report makes clear, rather than being a “silver bullet”, and in spite of the confusing and misleading hype surrounding AI in particular, data science must be viewed as an essential weapon to solve pertinent business challenges, though the aim must be well directed, and not a final outcome in itself.