History Has Shown That Digitization Is More Evolution Than Revolution. — Some people say one should not look behind. The past is gone, and you cannot change it anymore. Well, that’s true and it is indeed the right attitude to look into the future because this is the only place where you can change things and introduce innovation. However, I am…

Today, the artificial intelligence (AI) hype wouldn’t exist without cloud computing. Only the easy access to cloud-based innovative AI services (machine learning etc.) and the necessary and fast available computing power enable the developments of novel “intelligent” products, services and business models. At the same time, AI services ensure growth of public cloud providers like Amazon Web Services, Microsoft and Google. Thus, one can observe a “Cloud-AI interdependency“.

Artificial Intelligence Is the Next Step in the Digital Evolution — After two decades, platform companies are still collecting tons of data, filling their databases with information of everyone’s knowledge, opinions, recommendations, locations, movements, buying behavior, relation status, lifestyle etc. This is not a secret and nothing new. And speaking of Artificial Intelligence (AI), the platform companies are fully embracing and…

And It Makes Our Life Easier. Period! — Seriously, are you not bored of people like Elon Musk or Stephen Hawking, who are frequently claiming that artificial intelligence (AI) is a big threat to human society? Those discussions let people think AI is going to steal everyone’s job and start the next world war. Even worse, it fuels…

Artificial Intelligence Is Much More Than Just Machine Learning — Did you realize something? When analysts and media write about artificial intelligence (AI), most of them unfortunately only talk about machine learning. In doing so, they mention AI and machine learning in the same breath and thus equal AI with one single technology. This is wrong and a concerning progress…

The Foundation for New Generation Business Models and Applications — In 2016, artificial intelligence (AI) reached its climax. Research and advisory firm Tractica predicted that the annual worldwide AI revenue will grow from $643.7 million in 2016 to $38.8 billion by 2025. The revenue for enterprise AI applications will increase from $358 million in 2016 to $31.2 billion by 2025…

I was recently interviewed by Los Angeles-based technology journalist Tom Samiljan on the current state of artificial intelligence (AI), in particular from a marketing professional perspective. Tom: What types of tasks are machines best suited for vs humans? Conversely, what are humans better at? …

Modern Business Strategy Essentials. — Being a business leader in the established economy is not necessarily a fun job these days. Keeping the competitors at a distance while finding ways to defend the current business model against the Internet giants like Amazon, Google, Facebook etc. is a tough job. However, running a business based on…

Machine Learning needs tons of data. But what are you going to do when the data only exist in the heads of your employees? — Machine Learning, Deep Learning, Cognitive Computing, Robotic Process Automation (RPA), Natural Language Processing (NLP), Machine Perception, Predictive APIs, Image Recognition, Speech Recognition, Virtual Agent, Intelligent Assistant, Personal Advisor, Chatbot, Semantic Search. Did I miss anything? I am sure I did. However, I guess I provide a good list for your…