External data and artificial intelligence (AI) have become two major forces driving innovation today. They don’t just work well together—they actually fuel each other, transforming industries, improving efficiency and opening up all kinds of new possibilities. Whether it’s personalized recommendations on your favorite shopping site or predictive analytics helping companies stay ahead of trends, the combination of external data and AI is changing how businesses operate, how research is conducted and even how society functions. Harvard Business Review brought this topic to our attention in their article, “External Data and AI Are Making Each Other More Valuable.”
External data can include anything from customer demographics and weather patterns to market trends. It’s an enormous pool of information that organizations can tap into for insights, smarter decision-making and staying competitive. But because there’s so much data, and it’s often really complex, analyzing it manually is tough. This is where AI steps in. With its ability to quickly process huge amounts of data, AI can spot patterns and generate insights that would take humans forever to uncover.
When businesses combine external data with AI, they can unlock new opportunities, streamline operations and offer more value to their customers. As technology continues to evolve, this powerful duo of external data and AI will be at the heart of big changes in industries, driving progress and shaping the future.
Of course, making sure that data is accessible is key. A strong, standards-based taxonomy is what makes that possible. Our AI suite, Data Harmony, uses explainable AI to help with precise, innovative semantic discovery of emerging ideas. In other words, it helps you find exactly what you need, exactly when you need it.
Melody K. Smith
| Data Harmony is an award-winning semantic suite that leverages explainable AI. |
|
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.
