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When it comes to investments in artificial intelligence , the numbers are staggering.“Stargate”, a US initiative to build the largest AI data centers the world has ever seen, aims to invest $500-billion over the next four years. Saudi-Arabia and the United Arab Emirates just announced plans to buy hundreds of thousands of advanced AI chips.
Let’s start with software: All successful companies use software to organize and optimise their business operations – from order intake and procurement to production, delivery and customer service. Yet, many enterprises still rely on legacy on-premise software – that is, a wide range of programs installed on the company’s local IT servers.
The first step towards powerful business AI, therefore, is the move from legacy on-premise software to modern cloud software – that is applications that are centrally managed and maintained in professional data centers, constantly updated with new innovations, and tightly linked so information can flow freely between the different parts of the company.
Once in the cloud, companies can add advanced data management solutions with little effort. Think of advanced data management as a magic filing cabinet: it automatically stores and organises all documents, all information, all data automatically in the right place and in perfect order – always up to date, perfectly searchable, without duplicates and errors, smartly annotated, and everything in the right context.
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