My Computer Just Had a Good Idea

Steven Sargent Artificial Intelligence, Blog, Technology 0 Comments

Creativity is the final bastion of what it is to be human, the one thing that machines are not going to be able to do, and therefore our jobs are safe provided they require creative input.  A new book out this month by Marcus du Sautoy, The Creativity Code, discusses to what extent computers can be programmed to invent and …

Machine learning for people in a hurry

Machine learning for people in a hurry

Vlad Brincoveanu Artificial Intelligence, Blog, Technology

To put it very simply, machine learning can be described as a way of algorithms using vast amount of data to find patterns. What makes it special? It can learn and self-improve. It sounds straight out of a Sci-Fi movie, but it’s true. It runs the world and most of us use it every day without even knowing. It powers …

Future of Sourcing: How artificial intelligence is transforming business

4C Associates In the press

Artificial Intelligence (AI), is a much used and abused term, potentially at the top of its hype cycle.  In one of her recent speeches Theresa May identified AI as a major growth area for British businesses and Juniper research estimated that AI will save businesses $8 billion a year by 2020. AI is predicted to disrupt business and procurement over …

AI or BI in the era of digital transformation?

AI or BI in the era of digital transformation?

William Tickel Artificial Intelligence, Blog, Technology

Worldwide, 2.5 quintillion bytes of data are being produced every day. This endless flow of information is a cornucopia for the companies who have developed the capability to analyse and leverage this data into actionable insights. Whether it’s to drive revenue, control costs or optimise operations, it is now an imperative that no industry is immune to. The big data …

AI: the value in cognitive procurement

AI: the value in cognitive procurement

Joe Temple Blog, Procurement

4C Associates’ Joe Temple considers the applications of AI in procurement. How much does it cost to store a gigabyte of data?  In 1980, the answer would have been hundreds of thousands of dollars.  In 2017, the figure is closer to one cent.  Improvements in computing efficiency have made it much cheaper for businesses to store and process data.  Thanks …