Enterprise Applications

The nervous system of a mosquito consists of about half a million neurons. That of a bee – of 800,000 neurons, of a dog – of 160 million neurons. A human has 85 billion neurons in the system. Modern computer systems contain only a few hundred thousand neurons and in rare cases, a few million, which, in terms of intelligence, is comparable to a bee. Bees are technically 100 times dumber than dogs and 100,000 times dumber than humans.

The Australian Securities and Investments Commission (ASIC) wants to learn if Artificial Intelligence (AI) technology can assist it in regulating the corporate landscape. It has issued tender that focusses on a specific subset of AI, natural language processing (NLP), to help with tasks such as drafting correspondence, monitoring text translations of sales calls and reviewing Product Disclosure Statement documents.

Meaningful artificial intelligence (AI) deployments are just beginning to take place, according to Gartner, Inc. Gartner’s 2018 CIO Agenda Survey which found that four percent of CIOs have implemented AI, while a further 46 percent have developed plans to do so.

Analytics giant SAS has announced a new offering, SAS Visual Text Analytics, to extract value from unstructured data using the combined power of natural language processing (NLP), machine learning and linguistic rules.

More and more companies are under pressure to adopt digital strategies to leverage greater profits, drive high levels of customer satisfaction, and maintain footing in competitive marketplaces. And one of the key measures to adjusting to this ever-changing world of digitization is taking advantage of automation platforms. As such, consumer investments into one of these technologies — robotic process automation (RPA) — will increase to $US1 billion within the next two years.

Australia’s Department of Finance has put EDRMS adoption by non-corporate Commonwealth agencies on hold until 30 June 2019 while it completes a pilot rollout of its own in-house cloud records management solution. The decision has upset the vendor community and seemingly jeopardises The Digital Continuity 2020 policy championed by the National Archives of Australia (NAA).

Redman Solutions has announced a partnership with US-based local government website design and hosting specialists, CivicPlus.

M-Files Corporation has announced a partnership with FileFacets, a data discovery and enterprise analytics company that also develops data connectivity and migration technology.

A major survey shows more than half of respondents in the disability sector report that their IT systems don’t work well for their staff and management.

A worldwide survey of 196 organisations by Gartner, Inc. showed that 91 percent of organisations have not yet reached a "transformational" level of maturity in data and analytics, despite this area being a number one investment priority for CIOs in recent years.

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