Progress of technological development in AI and Machine Learning is bewildering for many companies.
The pace of technological developments in artificial intelligence (AI) and machine learning (ML) is happening so fast that many companies are struggling to keep up, according to a study by CeADAR, Ireland’s National Centre for Applied AI.
The national authority on AI says that even tech companies are finding it hard to stay on top of rapid advancements in AI and Machine Learning which could prove critical to their business.
“The rapid pace at which advances are being made in the areas of AI and Machine Learning is incredible; new breakthroughs and developments are happening weekly”
To counter this CeADAR has created new bespoke resources for companies to understand and implement new technologies such as ChatGPT and more.
Lighthouse Projects Programme
CeADAR’s Lighthouse Projects Programme, which focuses on advancements in these two areas, is helping member companies keep up with the relentless pace of technological development.
“The rapid pace at which advances are being made in the areas of AI and Machine Learning is incredible; new breakthroughs and developments are happening weekly,” said CeADAR director Edward McDonnell.
“So much so, it can be bewildering for some companies and many are struggling to keep up.
“CeADAR does the heavy lifting and makes the emerging and existing AI techniques understandable and implementable so busy business leaders and technical experts can try them out and see the benefits they bring to their business first hand before taking the plunge in adopting them.”
The Lighthouse Projects identify emerging technologies of interest, workshop them with companies and create bespoke hands-on training manuals, technical demonstrators, and quick video tutorials to enable the companies to adopt the technologies to solve business problems.
During the process of a project, group discussions with industry stakeholders are held where leading companies in the field of the project are invited to discuss different aspects of the technology including trends, applications and challenges.
“Our aim is to create a knowledge base and general use cases through research projects tailored to our member companies’ business needs,” said Dr Alirezea Dehghani who leads the Lighthouse Projects Programme.
“Topics are selected collaboratively following a consultation process with member companies that identifies business problems they wish to resolve. As a result, the companies understand what technologies are out there and can incorporate them into their business as and when they are ready to do so.”
Participating companies are drawn from various industries including insurance, healthcare, banking, computer services, energy and marketing consulting. Led by Dr. Alireza Dehghani, Technical Manager at CeADAR, the projects run over a period of six months.
The first two Lighthouse Projects – on Self-supervised Learning (SSL) and Privacy Preserving Machine Learning (PPML) – ran at the end of last year, and feedback was so overwhelmingly positive that two new projects are already underway. After participating in last year’s projects, enterprise automation specialists OpenSky have committed two engineers to taking part in this year’s programme.
This year’s projects are:
- AI in Digital Twins in Industry:Digital twinning uses Artificial Intelligence to create simulations for predicting the performance of a product or process thereby identifying any potential flaws or pitfalls. Data Analytics and Machine Learning on Graphs/Networks: Employing Data Analysis and Machine Learning on data graphs enables companies to add value to existing products or services from their own data or even create new ones.
“OpenSky is proud to participate in the CeADAR Lighthouse Projects, a move aimed at keeping its employees in touch with the latest advancements in technology and research,” said Tudor Pitulac, of Manager Research Projects Division at OpenSky Data Systems.
“The company recognises the importance of disrupting the monotony of daily routine and providing employees with opportunities to broaden their horizons.
“By partnering with CeADAR as a Research Performing Organisation, OpenSky can stay ahead of the curve and identify new opportunities for joint projects. Participation in the Lighthouse Projects has three main objectives: to accelerate the adoption of new technologies, better understand the path from an idea to market, and have the participating employees share the knowledge and experience gained with other employees.”