Food is important and you are what you eat. Eating healthy and good food is important if you wish to be fit and healthy. Even if you have an unhealthy diet, the occasional big mac, you want your food to be of good quality. Meaning you want your food to be well-treated throughout the supply chain and without any unhealthy bacteria. Fortunately, there are a lot of regulations to ensure the safety of your food and drinks. Manufacturers have to comply with these regulations. However, despite all regulations, sometimes it goes wrong. For example, in 2008-2009, nine people died due to Salmonella [...]
The hospitality industry is all about delivering the best guest experience. Whether this is in the local restaurant around the corner, the five-star beach resort that you visit during your holiday or the conference venue where you attend an event. Superior guest experience is what differentiates the winners from the losers within this great industry. I have always had a passion for the hospitality industry. Ensuring that your guests have a great time is a very rewarding job. With the data era now upon us, delivering personalised service becomes increasingly easier. Moreover, thanks to [...]
After months of speculation, Facebook has revealed its Libra blockchain and the Libra coin to the world. The highly-anticipated cryptocurrency ran into immediate opposition in Europe and the United States. The French Finance Minister Bruno Le Maire said it was “out of question” that Libra would “become a sovereign currency”. Meanwhile, Markus Ferber, a German member of the European Parliament, said that Libra has the potential to become a “shadow bank” and that regulators should be on high alert. In addition, both Democrats and Republicans raised their concerns with Representative [...]
Today is the slowest business will ever run. In today’s world, it is the small companies that beat the large enterprises with speed and agility, according to Valerie Blatt - Global Vice President SAP. Companies such as Spotify are forcing incumbents such as Apple to change their music business. Therefore, for the organisation of tomorrow to remain relevant, they need faster, better and more intelligence. Last week, I was invited to join SAP Ariba Live in Barcelona. SAP Ariba Live is a conference around intelligent spend. The integration of SAP Ariba, SAP Fieldglass and SAP Concur enables [...]
Blockchain has the potential to revolutionise the way we leverage trust and even the way we think about trust. It is a fundamental good. While largely intangible, it is key to the functioning of practically every meaningful interaction in society. We tend to think of trust concerning businesses, banking, relationships and finance since the necessity of trust in these areas is clear and undeniable. But it goes a lot further. In fact, without trust, no transaction can go forward. The very idea of even the simplest negotiations becomes implausible without it. Unfortunately, according to the [...]
Nowadays, every organisation is a data organisation. This not only applies to commercial organisations, but also to governments. Governments at every level – local, regional, national and supranational – should take a different approach to organise their activities. However, becoming a data organisation is not an easy feat. It requires governments to rethink all their processes and all citizen touchpoints. Even though governments do not have such fierce competition as organisations do, they too have to adopt technologies such as predictive analytics, blockchain and AI to improve their [...]
Artificial intelligence thrives with data. The more data you have, the better your algorithms will be. However, just having a lot of data is not sufficient anymore. You also need high-quality data, or in the words of Peter Norvig, you need better data: “We don't have better algorithms, we just have more data. More data beats clever algorithm, but better data beats more data." - Peter Norvig - Director of Research, Google Nowadays, most organisations collect vast troves of data, but especially the financial sector is well-suited for also collecting high-quality data. Simply because of [...]
The world around us is changing faster than ever before. It is changing politically (Brexit), socially (generation Z hitting the labour market), technologically (AI, quantum computing, blockchain and IoT coming our way), economically (continuous trade wars between US and China and the upcoming economic powerhouse China) as well as environmentally (climate change). This is a significant challenge for citizens to deal with. As a result, we see a movement towards populism, nationalism and in-ward looking politics (make America great again, and Brexit are perfect examples of this). After all, [...]
With the number of cameras drastically increasing in our world, facial recognition is rapidly taking flight. Facial recognition is a biometric faceprint, where artificial intelligence maps an individual’s face mathematically. This faceprint is then stored in data. Later, the stored data can be compared with a live or digital image using deep learning to verify someone’s identity. Facial recognition can be integrated anywhere there is a camera. As a result, the number of applications for facial recognition is growing rapidly, from security to retail and consumer electronics to government[...]
The organisation of tomorrow will be built around data, and it will require artificial intelligence to make sense of all that data. Artificial intelligence is a broad discipline with the objective to develop intelligent machines. AI consists of several subfields: Machine learning (ML), a subset of AI that enables machines to learn from data. Reinforcement learning, which is a subset of ML and focuses on artificial agents that use trial and error to improve itself. And deep learning, also a subset of ML that aims to mimic the human brain to detect patterns in large datasets and benefit from [...]
Food is important and you are what you eat. Eating healthy and good food is important if you wish to be fit and healthy. Even if you have an unhealthy diet, the occasional big mac,[...]
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