By Nguyen Xuan Hoai Director, AI Academy In the 4.0 era, Artificial Intelligence (AI) has been applied in every nook and cranny of life and business, and is ready to replace humans if they do not do their utmost to improve their knowledge, skills, and confirm their position in society. AI is no longer a strange, distant concept. There are a great number of definitions of AI, but to put it simply, AI, sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and other animals. AI in all of life and business Numerous companies use AI to draw people’s attention to their newly-launched products, as well as to demonstrate that they are leading the technology trend. Particularly, a great deal of AI has been applied in smartphones. For example, the camera now automatically recognises the face, while there are also voice control capabilities, virtual assistants, and AI built into Facebook apps. In … [Read more...] about The future that lies in artificial intelligence
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Big Data and artificial intelligence, with their never-before-seen growth, are having a strong impact on society. Data has the potential to contribute to the development of humanity, but also poses unpredictable risks without proper governance. Pierre Bonnet, COO of Orchestra Networks cum CEO of Orchestra Networks Vietnam, talking about data management Technology has changed the way we live, work, think, and interact with one another. It can even change human nature. To foster sustainable growth, politicians and upper managers must take IT systems into account in a strategic way. The wealth of companies depends on their ability to manage information as a real asset. At the conference on data management themed “The new challenge beyond Industry 4.0,” Pierre Bonnet, COO of Orchestra Networks cum CEO of Orchestra Networks Vietnam, a leading provider of Master Data Management (MDM) software confirmed that “data knows us better than we know ourselves. Data grows … [Read more...] about Data Management – the new challenge beyond Industry 4.0
Data is collected from every activity (source: medgadget.com) Once in the purview of computer experts, Big Data and artificial intelligence (AI) today effect society with an unprecedented growth of knowledge. Data has become an important issue to individuals and organisations. Individuals generate data with every action that sends ripples through the Internet and social networks, creating a digital trace mirroring every facet of their lives. Even everyday objects, like connected cars and smart TVs are part of this data generation. Data is now a vital part of people’s existence and creates new knowledge about them. However, the issue is what this data is used for. For businesses and organisations, the collection and analysis of data is very important to research people and the market, to formulate informed decisions. Big Data, if sufficiently processed, will help to make proper decisions. However, if it is not processed properly, it will be next to useless and impact the … [Read more...] about Data and humanity – who will dominate?
Pierre Bonnet, co-founder of Orchestra Networks Setting up Orchestra Networks with only a small group of engineers must have been quite a journey. How did you manage to go from such humble beginnings to where you are now? Created in 2000, the DNA of Orchestra Networks was already data management. However, at the time, organisations and companies were more interested in process management (workflow) and deeply attracted by the first round of digitalisation brought about by the new Internet and e-commerce landscape. A couple of months later, the collapse of the stock market due to an Internet bubble froze the worldwide business for several years. During this period, Orchestra Networks worked hard with some early adopters, big companies (banks, retailers) who considered that the crisis period was the best time to reinvent the future of their businesses by better controlling risks and innovation budgets. It was clearly aligned with our DNA and raison d’être: developing a … [Read more...] about More efficiency via data management
Congress talks transforming finance in digital age The 48th World Chief Financial Officers (CFO) Congress opened in Ho Chi Minh City on November 15, focusing discussion on transforming finance in the digital age. In his opening speech, Nguyen Ngoc Bach, Chairman of the Vietnam CFO Association and head of the organising board, said the event, held for the first time in Vietnam, is a great opportunity for business leaders to gather, exchange and directly share their knowledge and practices, their intensive financial management skills with experienced finance leaders from other continents. “International financial experts will talk new trends and provide insights into the future of the financial sector and the challenges that business leaders and financial professionals are facing in this technological era,” he said. Nguyen Thien Nhan, member of the Politburo and Secretary of the HCM City Party Committee, said Vietnam and HCM City in particular are focusing on implementing … [Read more...] about BUSINESS NEWS IN BRIEF 17/11