EDITOR ’ S QUESTION
NATHAN MARSH , REGIONAL EXECUTIVE ( EMEA ),
BENTLEY SYSTEMS
Europe is a diverse , vibrant and economically active region with clear ambition to leverage the benefits of responsibly designed , deployed and managed AI across our industries . EU and UK governments have embraced the potential of AI . They have established forums , policies , standards and regulatory frameworks that guide , govern and steer how AI is built and used , as well as how positive value is captured . AI can empower a fourth industrial revolution across all industries in Europe .
Over the last year , there has been debate on AIpowered applications and solutions to improve project efficiency , organisational effectiveness and industrial outcomes . Leveraging AI , Machine Learning and other intelligent applications presents immense potential for addressing issues across our industrial lifecycle . Crucially for CIOs , data is the foundation for AI-powered anything , and industries must get better at organising , structuring and controlling the data baseload so that the full benefits of AI can be unlocked across valuable data sets .
Crucially for CIOs , data is the foundation for AI-powered anything , and industries must get better at organising , structuring and controlling the data baseload .
AI will be so pervasive , and is so early in its development , that it will become industry . As a progressive CIO who is focused on creating and extracting value from information , I would see major opportunities for AI across all industries . I see a good level of preparedness across the CIO community across three strategic domains :
• Accuracy : The enhanced fidelity of AI-enabled data analysis , twinned with assessing benchmarks via accessing global cloud data , means that AI will deliver an unprecedented level of accuracy in data modelling and optioneering . Having access to an almost universal volume and class of industrial data – and processing it quickly and relentlessly – enables a new level of accuracy and , in turn , betterquality decision-making .
• Pace : Building on this new level of accuracy in data modelling and optioneering , AI delivers industry pace with increasingly faster processing power , enabled by ongoing improvement in chip design , performance and more directive analysis from ‘ learned AI ’ practices . Stimulated by Quantum Computing , the speed of accessing , analysing and optioneering data will become almost immediate . Time taken can then be redeployed elsewhere , creating further value across industries .
• Integration : Aggregating data sets to present a full picture – including context , benchmarks and relative performance data – brings the additional AI-enabled value to accuracy and pace . This integration is where we see AI move from smart to wise .
AI offers CIOs a practical , and relatively untapped , opportunity to bring together data , processes and systems faster , more accurately , and in a more integrated way to enable richer quality decisions that deliver social , environmental and economic value to our industrialised world .
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