Page 20 - Logistics News - Issue 02 - 2024
P. 20

AI


            But collaboration and data sharing are key. While this will   7. Data democracy and the end-to-end story
          appease consumers’ tendency to trust people more than data,   Innovation often comes from a convergence between
          generative AI will also allow them to explore freely and interact   unexpected parts of the organisation. More powerful AI and
          conversationally within the systems where they operate.   automation capabilities can remove the need for advanced
                                                              knowledge and tools that can shift a new breed of users out of
          3. Curating knowledge from unstructured data        their comfort zones.
          Generative AI techniques will allow organisations to unlock
          the potential and value of unstructured data. In fact, Forrester   By merging the roles and capabilities of data engineering,
          estimates that 80 percent of the world’s data is unstructured.   data science and analysis, for example, organisations can solve
          Generative AI models, however, adapt to different data types and   tougher problems with fewer resources. This also eliminates
          do not rely on predefined rules.                    barriers between previously siloed functions to solve business
                                                              problems.
            As such, the opportunities for combining structured and
          unstructured data in a trusted way will be endless; for example,   8. From analysis to execution
          using chatbots like ChatGPT for external use cases alongside   Connecting generative AI to automation shifts human focus to
          more private chatbots where trusted enterprise data has been   action. As data can be transformed in near-real time and in the
          secured.                                            right place, new ways of using generative AI will emerge.


          4. From BI to AI, and back again                       This reduces the burden of manual work, such as building
          Generative AI is bringing about a change in the way businesses   workflows, and instead allows humans to focus on decision-
          analyse their information. It can, for example, take advantage of   making processes. However, automate incrementally as
          solutions that place analytics needs where and how people work   comfort grows by monitoring progress, adjusting and then
          and provide interactive analyses within workflows.   automating more. And always keep humans in the loop.

            Individuals might start their analytical journey in generative   9. AI customisation
          AI tools, using them for simple data visualisation and business   Applications of generative AI are currently generic. Over time,
          projections. As a next step, they may want to tap into enterprise-  however, we’ll see more customisation around industry and
          grade tools for deeper analysis, bringing the benefits of   business-to-business (B2B) use cases, with multi-cloud
          generative AI to their trusted tools.               environments providing greater efficiency and stability.


          5. Data quality matters even more                      With less effort and hours, as well as the ability to build
          While data quality and lineage mattered in the past, they have   customisations on a common foundation, greater speed and
          become non-negotiable in the AI world. Companies must be   efficiencies can be realised to address specific industry needs.
          able to create the equivalent of a ‘DNA test’ for their data to trust
          its origin.                                         10. The data marketplace
                                                              We can apply the same principles of product management to
            Solutions are emerging that offer pervasive data quality   data by asking questions about what problems we are solving,
          across platforms, the ability to continuously observe and quickly   best use-case scenarios and by whom. This will emphasise the
          quantify data quality across datasets, data transformation and   importance of data quality, governance and usability for end
          cleansing functions, and the ability to track data flows from   users.
          source to use.
                                                                 Only then can we start transforming data assets into
          6. AI bots must pass a ‘driver’s test’              products for reuse internally as well as externally. In this way, our
          Just as data literacy has been crucial in the last few years,   most valuable asset can also become a tradeable good.
          we now need to turn our attention to AI literacy to improve
          standards, avoid governance chaos and application glut   In conclusion, our focus should always be on how well
          from ‘everyday’ developers. Power has shifted into the   trust, security and regulatory pressure hold up in a new data
          hands of the many and, as such, organisations must   paradigm. Better, more trusted data will ensure that the output
          take steps to educate their workforce on the benefits and   of generative AI is not compromised by a lack of data traceability
          pitfalls of generative AI.                          and quality.  •


           18       NO V E MB E R/D E C E MB E R 2024                                    www .l o g ist i csn e w s .c o .z a
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