Kognitos’ Post

ableneo's Head of Business Optimization & Efficiency Pavel Dvornak reviewed the status of our AI projects, just before leaving for his summer vacation.   "I'm proud that in implementing AI projects, we now have four clients where we have AI Kognitos solutions in production. We also have three clients with whom we are addressing business transformation," Pavel says.   "I would also like to share some highlights," he adds.   • In document categorization, we achieved 100% recall (all critical documents captured) and 94.5% precision (5.5% of non-critical documents recognized as critical) for one of our clients. This significantly helps the business, as they have confidence that all important documents are processed, saving time that can be devoted to activities with high added value. • Another example is from HR, where we are handling onboarding by processing information from five different sources and documents. The overall success rate is 92.3%. Thanks to having people on the team with Lean experience, we’re improving these processes which will help increase success rate. This approach has been so successful that business teams are asking to implement AI solutions in additional processes beyond this area.   „I am grateful to the team working on these projects: Filip Staňo, Barbora Jančovičová, Peter Hrivnák, Adam Horka, Dominika Letkova, Kristína Bednárová. Also, a big thanks for the support from the people at Kognitos: Drayton Wade, Kirk Neal, Neeraj Mathur, Paige Urig, Jerome Joseph.“   If you're looking to explore how AI can transform your business processes, let's connect! We'd love to discuss how we can achieve similar results for your organization. #Kognitos #AI #businessefficiency #businessprocesses #ableneo

🌟 **2024: The #Year of #BusinessValue from #ExtendedAI** This year, organizations are truly beginning to use — and derive business value from — this new technology. At JAKALA, we are working and closely monitoring the market and can confirm that organizations that are strategizing and implementing 'extended' artificial intelligence (Analytics, AI/ML, GenerativeAI) - supported by the courage and commitment of leadership - are bringing value and increasing their market impact, including short-term strategies. Here’s a snapshot of the current landscape from our analysis on a McKinsey research: 🔹 **Adoption Strategies:**   ▪ Takers, shapers, and makers utilize gen AI models off the shelf.   ▪ Customization with proprietary data is common.   ▪ Some develop gen AI models from scratch. 🔹 **High Performers:**   ▪ Only a small group reports a meaningful share of EBIT from gen AI deployment.   ▪ These high performers use gen AI across more business functions.   ▪ They pay close attention to challenges and adhere to risk-related best practices. 🔹 **Functional Use:**   ▪ The average organization uses gen AI in two functions.   ▪ Most common uses are in marketing and sales, and product and service development. 🔹 **Industry Insights:**   ▪ Energy and materials, professional services, and consumer goods report the largest increase in gen AI use.   ▪ Many industries invest more than 5% of their digital budgets in gen AI, on par with non-generative analytical AI solutions.   ▪ Despite this, most industries spend more than 20% on analytical AI than on gen AI. As organizations continue to navigate and leverage gen AI, the impact on business value and innovation will be significant. Marco Di Dio RoccazzellaXavier Cardon Edouard Fonkenell Tassos Koutlas Michael Koefoed Steensborg Drejer Miguel Otero Javier Millán Stefano Brigaglia Fabio D'Ovidio Giacomo Luigi Gasco Marco Goglio Sergio Raimondi Vittorio Di Tomaso Antonio Mazzei Gilberto Pastorella Mauro Iannizzi Marco Rosato Riccardo P. Francesco Iaria Davide Pieretto #GenAI #BusinessValue #TechnologyAdoption #HighPerformers #Marketing #Sales #ProductDevelopment #Energy #Materials #ProfessionalServices #ConsumerGoods #DigitalTransformation #AIInnovation #RiskManagement #JAKALA #ExtendedAI #LeadershipImpact

After months of preparation, research, and countless glasses of water (since i'm not the biggest coffee fan), I am thrilled to announce the launch of Darya Consulting! 🚀 Darya Consulting is born out of a passion for leveraging cutting-edge AI technology to solve real-world business challenges. Our mission is to empower businesses to achieve growth and efficiency by providing custom AI solutions that are as unique as the challenges they solve. 🔧 Leveraging fresh perspectives in technology and a network of AI professionals, we're setting out to help transform how businesses operate, innovate and compete. We believe in the power of AI to unlock new opportunities and are committed to making it accessible to businesses of all sizes. 🏢 And, of course, as I have learned over the years, never miss an opportunity to end with a call to action: We're excited to announce our offer of complimentary consultations, specifically designed to identify how our tailored AI solutions can enhance your business' efficiency and drive growth, all based on your unique needs. Intrigued by the transformative potential of AI tailored to fit your business?Get in touch to schedule a conversation and let's explore the possibilities together. 🗓 Stay tuned for updates, insights, and success stories as we embark on this exciting journey. 📢 🌍 daryaconsulting.com 📲 +47 905 06 548 📩 info@daryaconsulting.com #daryaconsulting #ai #techstartup #businessgrowth #innovation #ailaunch

Exciting to see how AI is transforming contract management! These 7-point breakdown shows the impressive potential of these technologies. #AI hashtag #GenAI hashtag #GenerativeAI hashtag #ContractManagement hashtag #Efficiency hashtag #Innovation hashtag #WalkingTree hashtag #techsolutions

Hello from Saige! You might have seen us around the last few months, but we thought it was time to properly introduce ourselves. Our mission is to help businesses achieve their greatest potential by embracing the future. **What does this mean exactly** It means that everything we do is about digital transformation. We’re doing it differently – faster, more efficiently and with a team of experts that specialize in integrating advanced AI and digital solutions. We help clients see what’s possible, so they can achieve the impossible. **What Sets Us Apart** We use the power of AI, data and machine learning to transform business on the global scale. Companies you know and trust already partner with Saige to achieve exceptional outcomes. **Every Job is a Tech Job** AI and digital transformation touches every corner of an organization. From organizational design discovery to company-wide transformation, we are experts at navigating the tech landscape and guiding companies through this evolution. **A Holistic Approach** Our work extends beyond tech. We know that true transformation is about people. Our change management roadmap helps ensure seamless transitions that allows managers to focus on the human side of change. Want to learn more about us and the work we do? Have a look at our website and see what’s possible. #digitaltransformation #saigeconsulting #artificialintelligence #machinelearning https://lnkd.in/gkfjgyMP

Hey #LinkedIn Family, I hope you all enjoyed your weekend and are excited to dive into a productive week ahead!!!! For those managing a large volume of #contracts and facing challenges, exploring how #AI can help might be just what you need. At WalkingTree Technologies, we specialize in leveraging #AI to simplify and enhance #contract #management #processes. Here’s how our #AI-driven solutions can transform your contract management: 1. Automated Data Extraction: Effortlessly extract data from diverse contract formats. 2. Smart Rules Mapping: Streamline contract validation with intelligent rule application. 3. Increased Efficiency: Minimize manual efforts and accelerate processing times. 4. Clear Insights: Obtain actionable outcomes for faster decision-making. 5. Adaptive Learning: AI models that evolve with new contract types and regulations. 6. Error Reduction: Improve accuracy and consistency in document handling. 7. Scalable Solutions: Manage growing volumes and complexities of contracts with ease. If you’re exploring how #AI can streamline your #contractmanagementprocesses, let’s connect. I’d be happy to discuss how WalkingTree Technologies can tailor a solution to your needs. Reach out to me at #nishant.mishra@walkingtree.tech or connect here. Looking forward to connecting and exploring how we can drive efficiency and innovation together! #AI #GenAI #GenerativeAI #ContractManagement #Efficiency #Innovation #WalkingTree #techsolutions WalkingTree Technologies Shubham Bhardwaj Alok Ranjan Pradeep Lavania Ankit Sharma Ankit Sharma Damini Bilandani Anmol Kaushik Utkarsh Kulshrestha KAUSTUBH SHARMA Nimisha Sabharwal Ashish Gautam Gaurav Srivastava Tanya Jain Tanya Dadlani richa upadhyay Shivam Bhardwaj

Generative AI is becoming an integral part of business ecosystems. But only 10% of companies have mastered scaling GenAI to create value and reap other benefits from this transformative technology. Their competitors risk being left behind—and the time to catch up is now. #technology #business #artificialintelligence https://lnkd.in/eCZiwnTk

iLearningEngines, an AI-powered learning and work automation platform, has emerged as one of the fastest-growing technology companies in North America. The company's rapid growth, with a nearly 50% average CAGR over the last five years, can be attributed to its consistent delivery of a product that exceeds customer satisfaction, resulting in an impressive retention rate surpassing industry standards. According to Balakrishnan A.P., president and CEO of iLearningEngines (NASDAQ: AILE), the company's Applied AI platform revolutionizes learning in organizations of all sizes. 'The company has grown rapidly, with a nearly 50% average CAGR over the last 5 years. It has done this by consistently delivering a product customers are satisfied with, leading to a retention rate that well exceeds the industry standard,' he stated during a recent appearance on Benzinga's All-Access. @ilearningengine @benzinga #AI #edtech #customerretention

ATT: Chief AI Officers, AI Product Mgrs. & Teams! Been tasked with unlocking the potential of AI for your company but it feels like the 'wild west?' If so, here are 4 essentials to create more wins, more quickly with less waste (aka losing money): 1. Start testing use cases right from the start. No value is delivered by AI until users or customers adopt an AI product. You’re going to have to address adoption eventually, so give yourself as much time as possible to test and shape use cases. Avoid the temptation to spend months or years working only on architecture and security – test uses cases while you are building these out. 2. Establish a framework for testing use cases. Without a common framework based on evidence instead of opinions, it’s difficult to make good decisions about which AI use cases to invest in. Make it clear what level of evidence (e.g. verbal feedback, adoption during observational studies, etc.) is required for an AI use case to be considered for investment. Bonus: a common framework results in a portfolio view that enables you to demonstrate progress and articulate the value of your work, even in the earliest stages of development. 3. Make sure you communicate “the why” of the framework. Nobody likes process until they understand why the process is in place. Make it clear that the framework is in place to establish a meritocracy that lets the good use cases through and parks the losing use cases based on common standards with as few resources wasted as possible. Stress that the framework is in place to de-politicize the identification of AI use cases that will be scaled. 4. Make sure everyone knows their role in the framework. Wasted time, effort, and resources result when AI product owners, AI product teams, and senior AI executives don’t know their specific roles in the framework. Give each role in your framework a “cheat sheet” so they can remember their roles and responsibilities. If you want to talk about your specific AI implementation protocols and outcomes - book a quick 15-20 min call with our CEO, Ben Hafele here: https://bit.ly/4dfkFtD #Innovation #bigdata #LeanStartupCo #AIRevolution #SmartTechnology #generativeai #ericries

My summary of the McKinsey webinar "Never just tech: unlocking the full value of GenAI".   the #economicPotential of genAI is HUGE: $4.4 trillion ANNUALLY for the global economy   McKinsey uses a #4C motto to categorize AI use cases: #Concision #Customer Engagement #Coding #Creative content   Of the 6 #capabilities "that matter most" - strategic roadmap, talent, operating model, technology, data, adoption, and scale. #Scaling and #scalability were presented as the most pressing needs to be addressed to successfully leverage genAI.   To reap the full #benefits of genAI, companies will need to "rewire their business" along 6 pathways: 1️⃣ Selecting the right genAI pilots that drive competitive advantage 2️⃣ Skill up talent in the right areas 3️⃣ Establish standards through a centralized team 4️⃣ Build trust among employees 5️⃣ Build an architecture that promotes reusability and scalability 6️⃣ Ensure data quality - keep an eye on unstructured data   In general, I'd say it was 30 minutes well spent with 2 senior McKinsey consultants with opportunities for expanding your vocabulary ("pilot purgatory"; and the McKinsey #taker #shaker #maker 3level categorization of AI adopters)  https://lnkd.in/dcKjYihN