#AI needs data 🧠 But how can you be sure that data is trustworthy? With the Data Provenance Standards from Data & Trust Alliance. Launched in November, the D&TA just released v1.0.0 of its standards, and we’ve got details on what’s changed – and why it matters. Read it here 👉 https://lnkd.in/ehD4Dn2B 👈
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We are proud to have played a pivotal role in the development of Data & Trust Alliance‘s #dataprovenance standards. When implemented, the standards will provide transparency into the origin of the datasets used for both traditional data and #artificialintelligence applications. Read what we’re doing to ensure data transparency and enhance the trustworthiness of #AI businesses : https://lnkd.in/g8ameKnZ
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Financial institutions operating in the UK must begin ensuring the integrity of their data estates after the newly elected government signalled plans to forge a potentially far-reaching AI bill. Get the details: https://lnkd.in/gFAYyrT7 #AI #data #dataestates #regulations #AImodels #datamanagement #legislation #dataquality #datatransparency #LLMs ManageEngine
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Lots of buzz around the EU AI act but also fear of the unknown for many. I urge non-data people to read this overview from the EU. Exciting times whether we like it or not, even if you are not a data fanatic! Both this act, the EU Data Exchange act and upcoming EU Data Act are key drivers for EU companies to stay competitive in a compliant manner. https://lnkd.in/eMyx-6v7 #DataManagement, #Compliance and #DataAwareness are gaining more importance in ways we could not have imagined a few years ago ✅
EU AI Act: first regulation on artificial intelligence | News | European Parliament
europarl.europa.eu
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Despite an ever-changing work landscape and enterprise tech market, the key objectives for a business remain the same: revenue growth, cost reduction, superior customer and employee experience, and business continuity. Enterprises invest heavily in transformation programs to drive these goals, but most programs fall short. One significant reason is the oversight of a valuable business intelligence source: interaction data, often seen as the 'dark side of the moon.' Human-machine interaction data is complex and unstructured but pervasive in business. Soroco ‘s flagship product, Scout, uses an AI-transformer model to generate a work graph aimed at addressing this blind spot. Read this paper by HFS Research to learn about Scout and how we illuminate the dark side of the moon in enterprises. https://bit.ly/3vmK96X #DigitalTransformation #ai
HFS Market Vision Report: Using AI to Illuminate the Dark Side of the Moon
https://soroco.com
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📊 AI & Partners - Leveraging #Data Assets to Support the EU #AI Act 🤖 *Repost* 📂In our latest presentation, we dissect European Securities and Markets Authority (ESMA)’s 2023 report on #data quality and usage to uncover insights on mobilizing #data assets in alignment with the EU #AI Act’s objectives. Here’s what you need to know: 📜High-Quality #Data Mandate: The EU #AI Act mandates that high-risk #AI systems rely on top-notch #data sets meeting stringent quality criteria. From relevance to completeness, ensuring error-free, representative #data is paramount. 📜#Data Governance Essentials: Emphasizing robust #data governance and management practices, the EU #AI Act underscores the importance of meticulous design choices, #data collection processes, and comprehensive #data assessments. 📜Access to Premium #Data Sets: Acknowledging European common #data spaces, the EU #AI Act champions #data sharing between businesses and governments. This collaboration fuels access to top-tier #data for #AI training, validation, and testing purposes. Understanding key data terms is crucial: 💻Training #Data: Fitting #AI system parameters. 💻Validation #Data: Evaluating trained #AI system. 💻Testing #Data: Independent #AI system evaluation. 💻Input #Data: Fuelling #AI system output. ✅Harnessing the power of quality #data is pivotal in driving #AI innovation responsibly. 🔍Let’s unlock its potential together! 📘Read it here > https://lnkd.in/dYcV-9sW 🚀 #DataQuality #EUAIAct #AIInnovation #DataGovernance AI & Partners
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📅 The AI Act is officially in force today! Explore the timeline provided by Future of Life Institute: https://lnkd.in/duiUtRy6 There are over 30 key milestones as various sections of the Act roll out, each with its own set of deliverables and compliance deadlines different stakeholders. #AIAct #ImplementationTimeline #Compliance #Regulation #EU #ArtificialIntelligence
Implementation Timeline
https://artificialintelligenceact.eu
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FCA publishes Big Tech and AI updates Big Tech The Financial Conduct Authority has published feedback to it's call for input on data asymmetry between Big Tech firms and #financialservices firms - https://pimfa.cc/fcmKq Big Tech’s emergence in financial services has improved things for consumers, but there is a risk that a lack of #datasharing could limit future competition and delay innovation. The FCA now wants to encourage Big Tech to come forward so it can work with them to examine if their data would be valuable in retail financial markets. It will also continue to monitor Big Tech firms and market developments, through its work with the Digital Regulation Cooperation Forum (DRCF) and international counterparts. Artificial Intelligence The FCA has also outlined its approach to #AI following the Government’s publication of its pro-innovation strategy on AI, including its work so far and plans for the next 12 months - https://pimfa.cc/I7xBd It continues to deepen its understanding of the potential impact of AI on financial services and remain committed to ensuring that AI in UK financial markets is used safely and responsibly, while creating the conditions for beneficial innovation. It will continue to collaborate with the Bank of England, PSR, DRCF and with international and global peers, such as IOSCO and the FSB.
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🇪🇺 Exciting insights ahead! 🚀 Delving into the European Data Flow Monitoring by the European Commission, this presentation sheds light on Enterprise EU AI Act implementation. 📊 From understanding cross-border data flows in the EU, EFTA, and the UK to navigating the strategic implications for enterprises, we're uncovering key facets crucial for AI development and compliance. 💡 The EU AI Act's focus on transparency and copyright compliance presents both challenges and opportunities for businesses, emphasizing the need for robust data governance frameworks. 🛡️ Stay tuned as we explore how enterprises can navigate this landscape to foster innovation and contribute to a trustworthy digital economy! 🚀 Access the report here > https://lnkd.in/dTNTzmR9 #EUAIAct #DataGovernance #AIInnovation 🌐🤝
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What makes Data Governance successful, and what makes it fail? Now that the EU’s AI Act is in effect, Data & AI Governance is at the top of every organization’s to-do list. If you are still figuring out how to get DG right, the SMART Conference organized by IVSZ - IT Association of Hungary is the place for you: this Wednesday, Máté Gulyás will share typical patterns and killer use cases to build up your knowledge. And keep in mind: DG is not just about risk mitigation and abiding regulations but to ship value to your org. Register using the link in the comments and join SMART in person this Wednesday in Budapest. #SmartConference #DataGovernance #DataandAIGovernance
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CEO @ mindzie | Operational Intelligence | Process Mining, Task Mining, Generative AI | Techstars Mentor | Top 40 under 40
"The AI Process Intelligence Copilotgoes beyond mere data analysis. It can explain complex processes, pinpoint the top-priority improvements, and provide recommendations on how to initiate these improvements." Start today at www.mindzie.com #llm #businessintelligence #processintelligence
mindzie, inc. | Process Mining, Generative AI, Automation | SaaS, On-Premise, Desktop | Corporations, Partners, Consultants
mindzie has launched its AI Process Intelligence Copilot, a groundbreaking innovation that harnesses the power of Generative AI to make complex data analytics accessible and actionable for businesses. Our latest innovation is designed to empower organizations to better understand their processes and drive meaningful change that enhances operational efficiency and business outcomes. Check out the link to learn more: https://lnkd.in/gKk8Vq8H
AI Process Intelligence Copilot
http://mindzie.com
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