Artificial Intelligence (AI) has the power to completely transform the way we do things, personally and in business. We have seen many cases of small businesses that have used AI to deliver exceptional services and products that go on to outshine the competition, or examples where businesses have completely revolutionised an internal process.

Businesses have entered an era of eternal data-harvesting, making data an extremely valuable commodity. And for that reason, as with any other high-value asset, it is vulnerable.

A generation of executives uncomfortable with technology spell trouble for business longevity. While CIOs have ascended the ranks, many failed to translate technology’s benefits to business value.

New January jobs data from the United States Labor Department shows that women now outnumber men in the workforce (50.04%) for the first time since the Great Recession. Driven in part by the country’s lowest unemployment rate since the mid-1960s, every industry – even traditionally male-dominated ones – must now aggressively compete to attract and retain female employees.

The last quarter of 2019 saw a big jump in demand for a bundle of jobs that could dominate the future, per an index tracked by the IT services firm Cognizant.

Hollywood film-making is a boom-bust business. But might fast evolving technologies like AI improve the odds?

Perhaps so.

The digital era is catalysing business; it is unleashing technological change that may appear chaotic on the surface, but is resulting in massively powerful systems of intelligence that enable humans and machines to collaborate securely. By opening up newer means of communication with large data exchanges, new, connected ecosystems are changing the way people, devices and organizations exist, work and interact.

Would you buy a product or service from a company you have not heard of but was recommended by your voice-based personal assistant? Well, 46% of consumers in Southeast Asia recently surveyed said they would.

If you have been exploring blockchains and distributed ledger technology (DLT), you know it’s a noisy and confusing space. As with any early tech, very smart people disagree about what the future will look like. Fueled by open source tools, innovation has dispersed and accelerated to a pace at which no organization on their own can keep up. Throw in a steep learning curve, and it’s really hard to know if you are making the right move. So what can you do?

As we look ahead to the trends and technologies that will likely dominate this next year and decade, it makes sense to begin by unpacking how AI might continue its march forward and the opportunities it will create for female entrepreneurs, engineers, marketers, and others.

“The pace of business change has intensified dramatically as the fruits of digital technologies expand to the entire economy in the Fourth Industrial Revolution. In 2020, I hope to see the transformative potential of technologies such as artificial intelligence and automation reach the next level in helping businesses solve bigger challenges and invent entirely new products, services and experiences.”

In mid December, LinkedIn revealed that Artificial Intelligence (AI) Specialist was the top emerging job for 2020; this may not be of much surprise but it does beg the question of what AI specialists actually do, and what the job entails. What are the exact skills and knowledge businesses need from AI Specialists?

(First published in The Business Times, Singapore, on January 3.) If we were to think of digital networking as vehicles, 3G would now seem like riding a cart, 4G like driving an economy car with decent mileage, and 5G would be like breaking the sound barrier with an F-16 fighter jet. Put simply, speed is the benchmark for network connectivity, and 5G is set to be more than 30 times faster than the fastest available option.

Cognizant’s Bret Greenstein, global head of artificial intelligence and analytics, and Matt O’Kane, head of artificial intelligence and analytics for Europe discuss how organizations can approach implementing evolutionary AI.

There are legitimate questions about the ethics of employing AI in place of human workers. But what about when there's a moral imperative to automate?

Ramkumar Ramamoorthy, the recently-anointed chairman and managing director of tech major Cognizant’s Indian arm says that quality of talent available for recruitment has actually improved in the last few years. But that isn’t enough for an industry that is turning really hungry for some new-age skills. He elaborates on these skills in this two-part interview.

Ramkumar Ramamoorthy was recently appointed as Chairman and Managing Director of tech major Cognizant’s India operations. With new CEO Brian Humphries taking charge at the global level, Cognizant has brought about changes to its strategy and operations.

David Ingham, digital partner in media and entertainment, explores the various ways in which AI is changing the entertainment industry.

In 2007, Pradeep Bhaskaran joined Cognizant to oversee HR for 10 countries around the world. Today, that number is 47. As head of HR for global growth markets, Bhaskaran is responsible for more than 60,000 associates across 52 nationalities that speak 34 languages. And those figures are only set to grow.

Cognizant on Friday announced the retirement of its Chief People Officer (CPO) James Lennox and appointment of Becky Schmitt, currently senior vice president and CPO at Sam’s Club

“The lesson here is that business leaders need to be AI-aware,” says Jeff Olson, Head of Applied AI & Analytics for ANZ. “To do this, they must embrace data as the source of wisdom and value for their business. They need to ask better questions and expect more ― don’t ask for another report or spreadsheet, ask ‘Why?’ until you understand the root causes.”

To “beat the robots,” we shall need to join them. Robotic personal assistants will help buy back at least that 15 percent capacity (or more) needed for the skills of tomorrow. And that is nothing to be afraid of.

“With greater visibility of technology-driven initiatives, CIOs have to be better politicians than ever,” says Pring.

Earlier this year the potential for widescale disruption of the electric grid was highlighted, following a nationwide powercut. This vulnerability was caused by the combined complexity of integrating more renewable energy and distributed energy resources (DERs). We need to treat this as a serious wake-up call.

“We have reskilled our employees at scale through every disruptive technology shift to date, be it Mainframe, distributed computing or Internet. While those shifts were driven by single technologies followed by long periods of stability, digital is significantly different. In digital, we see the coming together of multiple technologies such as automation, artificial intelligence, augmented reality, blockchain, additive manufacturing and 3D printing, and we are less likely to see long periods of stability,” says Ramkumar Ramamoorthy, CMD.