III Information Services Group Inc.

Generative AI Will Open New Avenues for Enterprise Business Enablement, Creativity, Productivity, Says ISG

Generative AI will fundamentally change cross-functional business operations and open new avenues for creativity, productivity and reimagination once security, legal and ethical challenges are addressed, say ISG experts appearing at an upcoming industry event hosted by leading global technology research and advisory firm Information Services Group () (Nasdaq: ).

Generative AI and other emerging technologies will be the focus of the , October 25–26, at the Maritim ProArte Hotel Berlin. ISG experts will be joined at the event by leaders with BrewDog, Nestlé, Bayer, Volkswagen Financial Services, DB Dialog, DKV Mobility, Cachet and expondo to examine strategies for using technology to drive cost optimization, talent management, sustainability and cybersecurity.

Among the ISG speakers will be the authors of the recent report which showed 85 percent of companies surveyed believe investments in generative AI within the next 24 months are important or critical.

“Most enterprises are paying close attention to generative AI and have a sense of urgency around leveraging the technology for competitive advantage,” said Andreas Fahr, partner and managing director of ISG DACH and host of the Berlin event. “Ensuring the enterprise framework is capable of supporting large-scale AI use is only one of the challenges of adopting GenAI. Enterprises with a technology-as-business-enabler mindset must navigate security, copyright data challenges, ethics and legal concerns and fine-tune enterprise-grade use cases.”

Fahr also noted sustainability is a key focus for many organizations as they struggle to meet looming deadlines, regulatory requirements and public demand. Businesses are working to establish analytics to measure and report on their sustainability goals and objectives.

In a keynote address, “The BrewDog Promise to Sustainability,” Adrian Klie, CEO of BrewDog Germany, the first certified carbon-negative brewery in the world, will share how BrewDog has prioritized ownership of its carbon footprint as a critical metric, delivered a positive impact on the planet and made sustainability a key competitive advantage.

In another session, Gijsbert Dresens, head of Digital Consultancy Services, Nestlé, and Ghaith Sankari, head of global digital health data science for Bayer, will participate in a panel discussion, “Maximizing Value Through Digital Engineering,” to explore how organizations are leveraging data-driven digital engineering to introduce products into the market faster and keep innovation and customer value at the forefront.

The report found the manufacturing sector accounted for 14 percent of generative AI use cases, with sourcing and supply chain management top concerns for most manufacturing-heavy organizations. Applying generative AI to improve forecasting methods is one of the most mature applications in this sector, along with hyperpersonalized product design, digital twins and product metadata generation from unstructured data, the report found.

In another panel discussion, “Employing Analytics and AI in a Continuously Changing World,” Sönke Iwersen, head of Data Intelligence and Analytics, DKV Mobility, and Hedi Mardisoo, CEO and co-founder, Cachet, will review how their enterprises utilize analytics and AI to improve customer centricity, operational excellence and decision-making, and enhance their product portfolio through new value streams and business models.

The ISG report said the most mature use cases for generative AI are in customer support, where organizations can infuse the technology into existing solutions or build internal ChatGPT-type tools to replace frequently asked questions (FAQ) and training tools.

During another panel discussion, “Using Technology to Create a Better Customer Experience,” Jakob Sprenger, product manager, Volkswagen Financial Services; Kamil Kalmonowicz, product owner, DB Dialog, and Philip Rooke, CEO of European professional equipment marketplace expondo, will outline strategies for ensuring robust oversight of the customer journey and using digital technologies to enhance the customer experience throughout the value chain.

“Generative AI is not another automation fad,” Fahr said. “Organizations need to imagine new possibilities for both routine tasks and transformative experiences for customers who expect digital, ethical and environmentally friendly delivery.”

In the ISG Startup Challenge, three enterprises will pitch their innovative solutions to a panel of judges before the audience votes on which technology they would implement in their own organizations. Yuval Moneta, founder and CEO, Mosaics Digital Technologies, will present a cloud-ready platform for core business and operations processes; Leif Döring, chief scientist, adago, will present scalable, AI-based solutions for decision and process automation, and Robin Spickers, co-founder and managing director, Carbmee, will present a solution for helping emissions-intensive industries gain visibility into and take action to reduce their emissions.

The is sponsored by Capgemini, IBM and Unisys. CIOInsights, CIOReview and the Technology Business Management (TBM) Council are media partners.

Additional information and registration are available on the .

About ISG 

ISG (Information Services Group) (Nasdaq: ) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit .

EN
20/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Information Services Group Inc.

 PRESS RELEASE

AI Becoming Essential to HCM, ISG Says

STAMFORD, Conn.--(BUSINESS WIRE)-- AI is becoming a core requirement for human capital management (HCM) and employee engagement, with two-thirds of enterprises expected to need AI-enabled capabilities in their HCM systems by 2027, according to new research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ). The ISG Buyers Guides™ for HCM, produced by ISG Software Research, find the biggest driver of change in talent management and HR management system (HRMS) software is the growing use of AI and machine learning (ML) in these systems. Once f...

 PRESS RELEASE

Enterprises to Boost AI and Data Analytics Skills in Global Capability...

STAMFORD, Conn.--(BUSINESS WIRE)-- New survey research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ) finds the majority of enterprises plan to leverage AI in their global capability centers (GCCs) so those centers can take on higher-value work. The newly released finds GCC staffing is shifting away from primarily labor arbitrage to also deliver higher-skilled work and expertise that drives greater innovation and productivity. Respondents said overall staffing levels will remain largely unchanged, but the mix of skills will focus more o...

 PRESS RELEASE

Asia Pacific Utilities Modernize Grids to Meet Rising Demand

SYDNEY--(BUSINESS WIRE)-- The power and utilities industry in Asia Pacific is increasingly investing in AI and other digital technologies to address operating challenges arising from increased power consumption and renewable energy development, according to new research reports published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. Energy demand in Asia Pacific, which accounts for more than half of global electricity consumption, is surging due to industrialization and population growth, ISG says. Data centers, AI, cryptocurren...

 PRESS RELEASE

L’industrie 4.0 gagne du terrain en Europe

LONDRES--(BUSINESS WIRE)-- La révolution numérique continue de transformer le paysage manufacturier européen, les initiatives de l’industrie 4.0 gagnant en dynamisme, selon un nouveau rapport de recherche publié aujourd’hui par Information Services Group () (Nasdaq : ), une société mondiale de recherche et de conseil en technologie centrée sur l’IA. Le rapport 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions pour l’Europe constate que les fabricants, dans leur volonté d’atteindre les objectifs de l’industrie 4.0, cherchent à adopter l’IA/ML, l’IoT et la robotique pour har...

 PRESS RELEASE

Industry 4.0 Gaining Momentum in Europe

LONDON--(BUSINESS WIRE)-- The digital revolution continues to transform Europe’s manufacturing landscape, with Industry 4.0 initiatives gaining momentum, according to a new research report published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. The 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions report for Europe finds manufacturers, in their push to achieve Industry 4.0 goals, are looking to adopt AI/ML, IoT and robotics to streamline operations, enhance efficiency and improve decision-making. The report ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch