A MASTERCLASS IN UNDERSTANDING THE DIFFERENT POTENTIAL OFFERED BY AI, RPA, BIG DATA, MACHINE LEARNING, THE CLOUD & VOICE

Financial Advisory

John Hall

Advisory DistributorsAIDataFinancial AdvisoryTechnology

Headlines

  • We live in a tech savvy world.
  • Clients can be affected by other brands, ie Google, Tesco, etc…
  • No one really knows how many jobs will be taken by AI – reports conflict one another

BUT every job will have some form of automation.

  • It is already part of our lives – train tickets, Costa are examples.
  • Be careful of firms telling you they use AI when they don’t – they do so for marketing and fund-raising purposes.
  • Human contact is now seen as a premium service.
  • Data is the new oil, arguably more important – you should have a single source of Data and great integrations.
  • Data is about: scale – need to have enough to be able to make decisions / quality – crap in means crap out / actionability – great if you have dashboards but so what.
  • The elderly use voice activation more than the young.
  • Don’t make the mistake of thinking the elderly do not use the internet.
  • Customer experience is now more important than price.
  • Is your technology for you or your client?
  • At the centre of it all should be better customer experience.

 

Key challenges

  • Knowing what technology is best for your business and clients.
  • Joining up systems to support processes and become more efficient.
  • Cost of implementation.

 

Conclusions/Solutions

  • Human contact is now seen as a premium service.
  • No clarity re AI replacing jobs as the many reports written on this subject differ.
  • Most people use the Cloud but make sure you also have a back up.
  • Use technology to optimise processes.
  • Firms asked when they should begin – tomorrow and spend the money.

 

Expert: Alex Sbardella, GDR Creative Intelligence

Facilitator: Paul Miles, Silverback Consultancy


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