QuantumBlack, AI by McKinsey

“Just having a very shiny object doesn’t mean that you’re going to get all these great efficiencies.” Technology is the key for organizations to outcompete, but it’s underdelivering. Only 3 in 10 digital transformations are able to capture the full value at stake, and that’s because it’s never just about the tech – it’s about tech with purpose. At QuantumBlack, our teams have completed a number of generative AI engagements. We’re pushing the limits of AI to help deliver real-world impact and transformative change across organizations globally. Watch Partner and Global co-Leader of AI Trust for QuantumBlack Liz Grennan explain what it takes for leaders to rewire their organizations and deliver tech’s promise, then dive deeper into our approach to AI and digital here. 👉 https://lnkd.in/ezCgNJbG #NeverJustTech #QuantumBlack

Even if you’re a tech wizard, there’s always something new to learn about technology! October is Computer Learning Month, and we want to celebrate it by sharing some learning resources with you. 🧑💻 Here are some of our favorites on Kedro, our open-source Python framework focused on production-ready data science code: - Our introduction to Kedro: https://lnkd.in/ditRES8J - Top 10 features added to the Kedro ecosystem in 2024: https://lnkd.in/eTFuWYPV - Accelerating the path to production for AI with Kedro: https://lnkd.in/eddzh59e - Kedro & VS Code tour: https://lnkd.in/eVxgUkEZ #AIbyMcKinsey #ArtificialIntelligence #ComputerLearningMonth

Opportunities, governance, potential partners, and more – there are many questions on leaders’ minds around generative AI, and these topics are taking center stage all around the business world! 💭 Our global leader Alex Singla has drawn from his experience speaking to a range of clients, and has collected six burning questions (with answers) that are preoccupying CEOs globally right now. Swipe for a peek at the six questions, and find the answers to each here. 👉 https://mck.co/40isVoI #AIbyMcKinsey #GenerativeAI #ArtificialIntelligence

QuantumBlack Labs drew from our McKinsey colleagues’ collective experience to create Turo, a performance management tool designed to track AI impact for scale. Our recent blog post describes Turo in more detail. 👇 https://lnkd.in/efDMceb6 Turo can help technical teams communicate the value of investments in AI, which in turn can help investors make better-informed decisions. It can be used for both generative AI and traditional machine learning projects, and it can be priceless to automate repetitive performance tracking and reporting activities. Swipe for a quick glance into Turo’s features, and read our latest Medium blog post to learn more. #AIbyMcKinsey #DataManagement #ArtificialIntelligence

Our Vizro team had an incredible experience at the AnitaB.org Grace Hopper Celebration 2024 Open Source Day! 🚀 Vizro was showcased as an open-source project, and we hosted sessions for attendees to learn about software development and how to contribute to open-source projects. Over 40 participants joined the learning sessions, and we're humbled to have received 13 code contributions to Vizro! It was inspiring to see such excitement from both industry professionals and academics, all eager to make their mark in open source. 🙌 A huge thank you to everyone who took part and to the GHC community for making this event so special. We’re looking forward to continuing this journey and growing the Vizro community together! If you’re curious about Vizro, learn more in our Medium blog: https://mck.co/4fh3sAs #AIbyMcKinsey #OpenSource #GHC #Vizro

Join NVIDIA and QuantumBlack's Iguazio (Acquired by McKinsey), for a live webinar on Tuesday, October 29th to explore how #NVIDIA NIM and #MLRun can drive scalable, optimized gen AI deployments. Amit Bleiweiss, Senior Data Scientist at NVIDIA, and Yaron Haviv, Co-Founder & CTO of Iguazio, will provide an in-depth look at NIM architecture, MLRun orchestration & monitoring capabilities, and practical insights on how to accelerate and streamline your gen AI deployments at scale. 👉 Secure your spot here: https://hubs.la/Q02SVPzn0 Unable to attend live? 📽️ Register to receive the recording. #MLOps #GenAI #AIbyMcKinsey

A supply chain as smooth as predictive text? It’s possible, and some of the top performers in consumer-packaged-goods (CPG) are leading the charge. 📦 Our research across more than 140 use cases has shown the value that CPG companies can generate by committing to digital and AI investments. In brief, we’ve estimated that gen AI use cases could increase the economic impact of traditional AI by 15 to 40 percent, unlocking an additional $160 billion to $270 billion annually in profit (measured by EBITDA) for CPG companies globally. But to succeed, all the subsectors and their ecosystem partners need to embrace this chance across the entire supply chain. Consumer good players will need to hone in on six areas of innovation and commit to long-term, large-scale, iterative effort – but if they do, they have a chance to bring about the next great technological revolution in CPG. Read more. 👉 https://lnkd.in/esRN24ex #AIbyMcKinsey #ArtificialIntelligence #CPG #GenerativeAI

Many organizations have dabbled in generative AI, but how many are actually keeping an eye on its impact? 🧐 This technology is transforming industries, but only around 10% of companies report tracking their AI initiatives' value systematically. What sets the top-performers apart? Our research shows that most have these elements in common. 👇 - Clear KPI definition and alignment: establishing leading and lagging indicators early on can help track real-time performance and long-term success - An eye for feasibility: can you collect and track the right data accurately? - Automated tracking: streamlined data collection ensures efficiency and scalability - Communication around impact: stakeholders should remain informed with clear, actionable insights Our colleagues Matthew Fitzpatrick, Mohammed ElNabawy and Rohit Rathod wrote an article for DataIQ on this topic! Find out more about measuring the impact of AI: https://lnkd.in/eGwrzX-r #GenerativeAI #DigitalTransformation

How can AI speed up scientific discovery and drive positive innovation? Anna Koivuniemi of Google DeepMind recently met with Matthew Fitzpatrick of QuantumBlack, AI by McKinsey to talk about how AI could benefit both business and humanity, and why every application needs to underscore safety and responsibility: https://lnkd.in/eAmViVWW #AIbyMcKinsey #ArtificialIntelligence #Digital #GenerativeAI

AI is changing the game in almost every industry, but the amount of power needed by data centers is doubling! How can the energy sector seize the opportunity to meet this escalating demand? 🧐 There are untapped opportunities for investors and large companies to help meet the needs of AI across the power value chain. Our research has identified several key areas for growth, including secondary markets with reliable power, and the chance to invest in equipment innovations – but without a bold shift to new energy solutions, the risk of power shortages could slow down AI’s progress. Here's how the energy sector could meet the expectations of today for a more power-efficient tomorrow: https://lnkd.in/eG8bYR3N #AIbyMcKinsey #DataCenters #Energy