AI Is Reducing The Need Of Middle Managers: Find Out How? Indian Business of Tech, Mobile & Startups

OutSystems is a leading AI-powered low-code development platform, empowering IT leaders with a better way to build the software that matters most. The OutSystems platform helps companies develop, deploy, and maintain mission-critical applications by unifying and automating the entire software lifecycle. With OutSystems, organizations leverage gen AI to deliver software instantaneously, adapt faster to changing requirements, and reduce technical debt by building on a future-proof platform.

Developing governance policies

Leaders can then make better decisions, which are more strategic, thereby giving them an upper hand over their competition. “It allows our risk analysts to evaluate whether that use case violates any privacy laws or requirements, any security best practices and any of the emerging regulatory frameworks that might apply to the business,” he tells CSO. Marcus suggests a stoplight system — red, yellow, green — that classifies AI tools for use, or not, within the business. It provides clear guidance to employees, allows technically curious employees a safe space to explore while enabling security teams to build detection and enforcement programs. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a powerful ecosystem of industry-leading digital media brands, with a reach of 15+ million elite tech professionals.

CSO Executive Sessions: How AI and LLMs are affecting security in the financial services industry

Rosalyn Page has been writing about technology long enough to remember when the only thing to worry about was Y2K. Since then, the dot-com boom became the dot-com bubble, technology fundamentally altered our lives, and everything has become about security. With a particular interest in privacy, data, and security, Rosalyn has covered social media, AI, IoT, deepfakes, marketing tech, the cloud, enterprise tech, consumer tech, and digital transformation. And when not wrangling bits and bytes into words, Rosalyn enjoys low-fi hobbies like reading books, walking her Whippet Sketch, and having one too many coffees at her favourite café. The industry research suggests that CISOs will need to help strengthen AI risk management as a matter of urgency, driven by leadership’s hunger to realize some pay-off without moving the risk dial. However, industry surveys suggest there’s still a long way to go for the guardrails to catch up with AI.

• “Then by the time an AI tool gets to the CISO, people have an understanding of what the expectations are,” Marcus says.
• The increases in and experimentation with agentic AI over the next 24 months will spur workforce transformation and innovation throughout the organisation.
• AI risks include data safety, misuse of AI tools, privacy considerations, shadow AI, bias and ethical considerations, hallucinations and validating results, legal and reputational issues, and model governance to name a few.
• Today, with GenAI, it is possible to integrate a comprehensive view of the customer into existing workflows for real-time decision making.
• Such insights will help the leaders make more realistic decisions based on real figures rather than guessing.

AI can become the driver of creativity as it can offer the new perspective of tackling problems and creating new products. Generative models, e.g., can assist in a new product creation, marketing planning, or even creating business ideas through the use of existing data to generate new solutions. Adapting these frameworks offers a way to elevate AI risk discussion, align AI risk appetite with the organization’s overarching risk tolerance, and embed robust AI governance across all business units. “Instead of reinventing the wheel, security leaders can map AI risks to tangible business impacts,” says Karpati. At the same time, cybersecurity has become a core enterprise risk and CISOs have helped ensure compliance with regulatory requirements and establish effective governance frameworks.

key areas where AI is transforming insurance today

Even if something new and better manifests in six months, be agile and use your learnings to shift. But remember, the future doesn’t belong to the biggest or strongest but to those who adapt the fastest. The longer you wait to get on board, the further behind you and your business may become. I like to tell Safe Software’s clients that it’s better to pick a route forward and change your mind in six months than to sit and weigh out the options while the world moves forward.

• These AI tutors offer personalized, patient and always-available assistance, regardless of a student’s prior academic background or preparation.
• This gives them the confidence not only to act more assertively but also to make faster but more informed decisions, which is in the long run beneficial to the organization.
• Johnsrud encourages faculty members to start small, by assigning students a creative generative AI task in a single assignment, for example.
• If an organization decides to self-host, it must ensure it can deliver opex-based pricing models or managed services for it.
• Crafting well-structured prompts is crucial for guaranteeing precise, top-notch outputs.
• They’re empowering developers to shift their focus from repetitive tasks to crafting unique solutions in partnership with business leaders and solving more complex user challenges, leading to the creation of new roles and improved innovative agility and scalability.

These AI tutors offer personalized, patient and always-available assistance, regardless of a student’s prior academic background or preparation. “This is an exciting time, but one characterized by rapid change,” says Brian Johnsrud, head of thought leadership and advocacy for education at Adobe. Adam Stone writes on technology trends from Annapolis, Md., with a focus on government IT, military and first-responder technologies. The process of hiring can be assisted with AI in enabling leaders to make wiser choices, automating the recruitment process, and analyzing the suitability of candidates based on the resumes and skills as well as personality traits. In a world where customers are the key, delivering an outstanding customer experience has become a key to success. AI can also aid leaders in providing personal services, as it will help analyze customer information and customize their interactions according to their behavior and preferences.

Now is the time to empower teams to drive innovation and business transformation with Generative AI solutions.

The company’s new, proprietary theCUBE AI Video cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations. SiliconANGLE Media is a recognized leader in digital media innovation serving innovative audiences and brands, bringing together cutting-edge technology, influential content, strategic insights and real-time audience engagement. When augmenting and customizing gen AI models, businesses need to weigh upfront and running costs. Despite massive investments, only about half of AI projects make it beyond the prototype stage.

Johnsrud encourages faculty members to start small, by assigning students a creative generative AI task in a single assignment, for example. Especially in these early days, faculty should also be looking for ways to assess the process as much as the outcome. For example, the Adobe AI Assistant for Acrobat helps faculty and students to summarize, synthesize and understand large amounts of information in PDFs and other documents. From course readings to academic research papers to literature reviews, deep reading and critical analysis of texts can be streamlined and made more accessible to broader audiences. AI can assist leaders in creating effective teams by improving their hiring process and giving them an idea about how the employees are performing. The process is intended to identify potential risks and be able to communicate those to stakeholders within the organization, including the board.

They can be used to manage such activities as scheduling, customer support, processing data, and others and save time to be used by teams on strategic activities. Since then, GRC has developed from rules and checklists focused on compliance to a broader approach of managing risk. Data protection requirements, the growing regulatory landscape, digital transformation efforts, and board-level focus have driven this shift in GRC. A major challenge with foundational AI initiatives is not the technology itself but the organizational mindset. When teams are measured solely by feature delivery speed, they rarely invest the time and resources required for transformative initiatives.

AI is used to simplify and make more precise the process, which leads to an atmosphere, in which leaders and employees can perform more by doing less. The team can then look at what compensating controls can be applied, how far they can be applied across different AI tools and provide this guidance to the executive. “It shifts the conversation from a more tactical conversation about this one use case or this one risk to more of a strategic plan for dealing with the ‘AI risks’ in your organization,” Marcus says. AI risks include data safety, misuse of AI tools, privacy considerations, shadow AI, bias and ethical considerations, hallucinations and validating results, legal and reputational issues, and model governance to name a few. Explore prompt design tools that can boost the quality of prompting and save money in the long run.

The majority of software executives (69 per cent) anticipate AI will introduce new, more specialized roles to accommodate the evolving role AI will play within organisations. More than three out of five respondents (63 per cent) also feel that AI will require substantial upskilling or reskilling within existing development teams. Firefly is integrated into Adobe’s commercial and professional tools, including Adobe Photoshop and Illustrator, as well as easy design tools such as cloud-based Adobe Express. For colleges and universities, that makes generative AI capabilities readily available and ensures that students are learning on the tools they’ll use in their professional lives.