Cloud Artificial Intelligence and Machine Learning

Results of Deloitte 2022 Future of Cloud survey indicate that data analysis is one of the main uses of the cloud that contribute the most value creation as these services are directly related to such benefits as sales increase, cost optimisation or productivity growth in an organisation.

Challenges

Companies collect vast amounts of unstructured data regarding their clients or operations. The question is how to use them. Enterprises seek support in the defining, designing and implementing of data use approaches that would release their hidden potential and measurably have a positive impact on the business.

The fact that many solutions are distributed around an enterprise adds to the challenge. New, experimental analytical solutions developed by different organisational units become more and more frequent. Sometimes local analyst teams do not cooperate with one another or exchange knowledge. Decision makers try to find answer to questions regarding the right scale of analytical solutions that would allow the use of their full potential.

Solutions

Why businesses should use artificial intelligence?

• Real-time access to financial data is the essence of modern governance, and the need for up-to-date information increases proportionally to the level of uncertainty in the economic environment. Quality of decisions made by business representatives depends on the quality of data that determines the ability to timely draw the right conclusions.

• Intelligent process automation: Process automation and optimisation is a way to reduce operating expenses, eliminate human mistakes and set a repeatable process pace.

• Data-driven decisions: What is crucial in the nowadays business environment is the data management, as the data is acquired and accumulated in great quantities. The main challenge is no longer to acquire it, but rather to process and analyse it efficiently in order to draw conclusions that will serve the business.

• Preparing for future events: Preparation of future scenarios poses a challenge for each company, especially in uncertain times. Machine Learning (ML) algorithms allow preparation of such analyses.

Why Deloitte

Deloitte experts provide businesses with a highly configurable solution called Deloitte Data Science Platform (DDSP), a tool based on open-source technologies, which allows fast scaling and innovating in response to industry challenges. Additionally, our teams can offer AI and ML solution from hyperscalers portfolio.