According to an MIT SMR Connections research paper; nearly two-thirds of enterprises globally have increased spending on AI technology in the past year. Many are still in the early stages of adoption and rollout, but the appetite is there, and GlobalData research suggests that the Asia-Pacific region in particular will become an epicentre for AI innovation and investment in the future as government and private enterprise come together to search for digital disruption opportunity. GlobalData anticipates that the CAGR of AI platforms in the region will be 26.8 per cent between 2019 and 2024, with China, Japan and India leading the way.
The appeal of AI is clear. It will power transformation and future-readiness that enterprises in all sectors and across the region by improving hardware outcomes and allowing organisations to do so much more with technology. What’s more, AI will drill right down to the edge, enhancing the technology experience for every individual. “AI hardware optimisation with increased computing speed on small devices will result in the cost reduction and drive deep learning adoption across the region,” Sunil Kumar Verma, lead ICT analyst at GlobalData said in an interview with ARN.
Delivering these kinds of outcomes requires a firm understanding of transformation and the role of AI going forward. Overcoming these challenges and roadblocks in the local market and helping organisations realise the full benefits and innovation afforded by AI is the driver behind this year’s Intel AI Summit 2020.
What is driving AI forward?
Running from 29-30 September as a virtual event, the Intel AI Summit 2020 brings together leaders and innovators from across the sector to provide IT leaders with thought-provoking and practical ideas for building and executing AI deployments in today’s IT environments. The event will also highlight the most exciting case studies of AI in action and provide a road map for what might come next.
With so many enterprises still experimenting with AI and working out the role it might play in their operations, the Fireside Chat session on the topic of Building the AI-driven Enterprise will be of particular interest. Featuring leaders from enterprises that have successfully rolled out AI solutions, including Grab and Avanade as well as Intel and AWS, the fireside chat will discuss the role that technology has in achieving strategic vision. This session will provide practical insights into how organisations might make their first meaningful steps into AI.
Other key sessions for attendees to gain insights into moving their enterprises into AI include Innovating with oneAPI, where Intel’s Chief Architect, Senior Vice President and GM – Cores & Visual Computing and Edge Computing, Raja Koduri, will walk attendees through the process of driving true innovation through this powerful programming model. Professor Genevieve Bell from Australian National University (ANU) and Intel Senior Fellow, will overview the 65 Years of Evolution that has brought Intel to this point as a way of highlighting the impact that AI has already had, and how significant it will be to enterprises moving forward.
Additionally, in his opening keynote Accelerating Your AI Journey Today, Intel General Manager for AI and HPC Solutions, Dr. Nash Palaniswamy, will provide attendees with specific guidance on how to accelerate the development and deployment of AI solutions, and deliver the transformative advantages of AI back to the enterprise quickly.
How thought leaders should be looking at innovation
That is just a short cross-section of the 22 keynotes in total that will run across the two days of the Intel AI Summit 2020. Another major component of the event will be in highlighting AI in action and showcasing how Intel partners and customers have been able to deliver meaningful AI solutions now.
One such session will be presented by scientist, Professor Benjamin Tee, who leveraged AI and Intel’s Loihi Neuromorphic Chip to help co-develop electronic skin technology as a PhD student. Meanwhile, sessions from SkyLab’s Stephen Ho and AWS’ Olivier Klein on 5G and Edge Computing, respectively, will highlight the role that AI has in collaboration with other leading technology innovations that are causing waves across enterprise.
In addition to these 22 keynote sessions, the Intel AI Summit 2020 will feature eight showcases that further provide granular detail on practical applications of AI and technology. One of the most exciting will be the AI4Youth Showcase, highlighting what the Institute of Technical Education in Singapore is achieving with the next generation of technologists.
For many enterprises, the interest and experimentation in AI will soon need to transition to meaningful executions, if those organisations are to benefit from the competitive advantages and innovation offered by AI. This year’s summit is focused on helping organisations make that journey in an efficient and effective manner, and get up and running and benefitting from the innovation sooner.
For more information on the Intel AI Summit 2020 sessions, or to register to attend on September 29-30, click here.