New product development (NPD) is designing and launching products to answer a market opportunity. AI for new product development has applications across various business sectors. In the automotive vertical, companies consider a combination of smart...
Artificial Intelligence
Explore the fascinating world of Artificial Intelligence. Discover how AI technologies are revolutionizing industries, enhancing automation, and enabling intelligent decision-making.
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ROI of Artificial Intelligence project – Key considerations for Executives
AI can fail you, and in a big way: by delivering results, which nobody cares about, or providing results only if you invest millions, which might not guarantee final success. Measuring the ROI of the Artificial Intelligence project will put you on...
How Machine Learning generated $100M in 2.5 years for an insurance company?
After a storm because of the COVID-19, the IPO market has come back, and the machine learning-driven startup, Lemonade has rung the bell. Just look at their offering, the shares spiked by 139% to $69.41—putting the market cap at over $3 billion....
Tesla is not the first. Mercedes was the first autonomous car.
Germany was first in building a fully autonomous car, so we probably should be aware that Tesla is not the first company, which manufactures this type of vehicle. Decades before Google, Tesla and Uber stepped into the self-driving car business, a team...
European Union challenges in building the Artificial Intelligence talent pipeline
I have recently been studying a great summary of how the European Union shapes Artificial Intelligence talent, creates the labor market in AI, and why it is lagging internationally. There are many challenges in Europe, and I have found this topic...
Artificial Intelligence future is now, and you are late to the party
Artificial Intelligence future is valued at $1 trillion. While some companies like Johnson&Johnson, P&G, General Motors are adopting robotics and artificial intelligence, many are not. Early adopters of AI will share global profit, but...
Get Machine Learning working for your business
Are there any applications of Machine Learning, or are we still talking about the future and something they will come to us in a few years? Artificial Intelligence here and there. Machine Learning, robots, and automation. These terms bombard us from...
How Product Manager gets machine learning skills, the self-starter way
More and more companies look for a Product Manager that specializes in building Artificial Intelligence products. Why? Well, Statista could be one source for a comprehensive answer. The research company claims that the Machine Learning...
Why Artificial General Intelligence is important and when it will be achieved?
What is Artificial General Intelligence? An Artificial General Intelligence (AGI) would be the intelligence of a machine capable of understanding the world as well as any human being, and with the same potential to learn how to perform a massive range...
AI software, which makes Product Managers life easier
As artificial intelligence capabilities are plotted into new products and services, it is great to review the AI software, which Product Managers can use in their job and increase efficiency dramatically. Product management tools include: product...
Artificial Intelligence in retail innovation, by Amazon
For some reason, the company always gets my attention, and the Amazon Artificial Intelligence strategy even made me more curious. I love to constantly check how the company launches new products and develop go to market strategy for its innovations. The...