Analytics and AI

Artificial Intelligence (AI) and analytics are indispensable in propelling digital transformation efforts, particularly influencing Enterprise Resource Planning (ERP). With the rapid progression of technology and computing power, organizations across various sectors are generating immense amounts of data daily, impacting ERP processes. The significance of this data lies in its potential to extract actionable insights, facilitate strategic planning, and drive innovation within the ERP framework. In this context, AI and analytics emerge as pivotal tools, facilitating the extraction of value from the vast amounts of data generated and collected across the enterprise, optimizing ERP functionalities. Analytics is commonly categorized into descriptive, prescriptive, diagnostic, and predictive types, enhancing the ERP landscape. AI algorithms contribute not only to predictive and prescriptive analytics but also empower companies to develop innovative ERP capabilities, exemplified by advancements such as Industry 4.0.

abstract image of a brain | Oracle and Microsoft
Oracle and Microsoft collab to support growth flurry of AI services
Oracle has announced a multi-year agreement with Microsoft to support the growth of AI services.
The letters 'AI' are imprinted on a gold plaque on top of a black circle | SAP Aleph
SAP backs Aleph Alpha’s $500m series B round
SAP has joined a consortium of investors to back the series B round of GenAI developer, Aleph Alpha, totaling $500m.
Fujitsu office building | Fujitsu forms merger to enhance cloud services
Fujitsu forms merger to enhance cloud services
Japanese multinational conglomerate Fujitsu has announced its decision to form an  “absorption-type merger” of its public cloud business.
CEO Bill McDermott | ServiceNow sees “tailwind of growth” with GenAI in Q3 23 success
ServiceNow teases rivals with real GenAI “product” in Q3 23 success
ServiceNow has outperformed its guidance across most Q3 23 profitability metrics, citing GenAI impact as it increased 2023 guidance.
Gartner on why CFOs need inhuman accountants
Exclusive: Mark D. McDonald, senior director analyst in the Gartner Finance Practice, talks GenAI use in the financial space
one dollar notes placed next to each other | Can AI be trusted to battle money laundering and fraud
Can AI be trusted to battle money laundering and fraud?
AI has reached the scope of multiple industries, but banking might be one of the more unexpected fields to adopt the budding technology.
Mihir Shukla, CEO of Automation Anywhere | Automation Anywhere: Automation + AI
Automation Anywhere combines automation + AI in a fresh launch
Automation Anywhere announced new generative AI-powered innovations to help companies put automation and AI to work across enterprises
Would Albert Einstein approve of Salesforce AI stance?
Salesforce Dreamforce 2023 finished last week, and AI was the big theme of the company's flagship event. But what would the real Einstein make of Salesforce in this current moment?
A robotic figure captured in a mid-running motion | AI
Race for the prize: An update on the AI race as ChatGPT speeds ahead
All vendors bring distinctive value propositions to enterprises - choose wisely or find yourself obsolete in the age of AI!
A puddle of oil : DaaS
After the oil spill comes AI to fill in the gaps for enterprises
For AI to succeed it needs data and computation, so let’s look into the reasons why CxOs need to now have DaaSrolling off their tongues.
Rob Enslin, UiPath
UiPath’s Q2 results beat expectations, but AI value questioned
UiPath’s second-quarter results for 2024 beat analysts’ revenue growth expectations but investors question the value of its AI bet.
IFS building
IFS signs key AI acquisition and flurry of partnerships
IFS has had a busy end of the month, recently taking the spotlight with new acquisitions and a strategic acquisition of Falkonry AI.
Image of AI chatbot
PwC joins the AI trend with its own ChatPwC
PwC is slowly releasing its new generative AI tool named ChatPwC, which has already been released to approx. 1,000 employees.
The ChatGPT page open on a smartphone in front of a colourful background
US Trade Commission investigates OpenAI over deceptive practices
The U.S. Federal Trade Commission has launched an investigation into OpenAI in relation to unfair or deceptive privacy data practices.
U.S. and China's flags placed next too each other
Robo trade wars as US to bar Chinese companies from buying AI cloud services
The U.S. administration is set to restrict Chinese firms’ access to U.S. AI cloud services to “close loophole in chip-export controls".