Research
5 Ways GenAI is Reshaping Day-to-Day Consulting Work
How forward-thinking consultants are using genAI to save time, sharpen strategy, and boost client value By now, it’s highly likely that at least some conversation around generative AI has entered your professional life in consulting. Whether through client conversations, internal pilots, or vendor tools, most consultants have had some exposure to genAI. But awareness alone isn't enough. The real differentiator lies...
Unleash the Potential of AI in Market Research
Unlock the Potential of AI in Market Research Revolutionising How We Understand Markets Market research is the cornerstone of informed decision-making, yet it often involves navigating a sea of data from disparate and lengthy sources. Challenges such as information overload, sourcing reliable data, and time-intensive workflows hinder productivity. AI-powered tools like Nexis+ AI are reshaping how market research...
AI in Investment Research
AI in Investment Research Transforming Mergers and Acquisitions Analysis and Decision-Making The integration of artificial intelligence (AI) into investment research is reshaping how professionals approach mergers and acquisitions (M&A). By accelerating complex processes and delivering actionable insights from trusted data, AI tools like Nexis+ AI are providing analysts with unprecedented efficiency in evaluating...
Harnessing AI for Company Analysis
AI Company Analysis Revolutionising How We Evaluate Businesses Artificial intelligence (AI) is transforming company analysis, reshaping how professionals approach business evaluation and decision-making. By streamlining workflows, accelerating processes, and uncovering actionable insights, AI tools enable deeper, faster analysis. Among the most advanced solutions, Nexis+ AI™ stands out as a powerful platform for handling...
The Application of AI in Business Intelligence: Enhancing Insights and Efficiency
Artificial intelligence (AI) is redefining how organisations approach business intelligence (BI). Today, professionals need to extract actionable insights from an ever-growing volume of data faster than ever before. AI meets this demand by accelerating tedious data processing tasks, allowing organisations to focus on strategic analysis. Nexis+ AI™ is a prime example of how AI-enabled platforms can revolutionise research...
Will AI Replace Business Intelligence? Exploring the Future of BI with AI
Artificial intelligence (AI) is increasingly integral to business intelligence (BI), sparking the question: Will AI replace business intelligence as we know it? As AI tools become more advanced, they are reshaping how data is analysed and interpreted. LexisNexis explores whether AI will supplant traditional BI practices or act as a powerful extension of them. Solutions like Nexis+ AI™ serve as examples of AI augmenting...
How AI is Transforming Business Intelligence
In today’s data-driven world, the role of business intelligence (BI) has become more pertinent than ever. Organisations rely on data to inform strategy, track market trends, and maintain a competitive edge. However, the sheer volume of data can overwhelm traditional BI processes. Manual data collection, analysis, and reporting are not only time-consuming but also prone to human error. Artificial Intelligence (AI) offers...
Understanding AI in Business Intelligence: Fundamentals and Benefits
Business Intelligence (BI) is the practice of collecting and analysing data to support informed decision-making within an organisation. BI helps businesses track performance, assess competition, and understand market trends. Traditionally, BI workflows can be fragmented and time-consuming, relying on multiple tools for data collection, analysis, and reporting. Artificial Intelligence (AI) is transforming BI by automating...
The Future of Company Research: Leveraging AI for Comprehensive Analysis
Artificial Intelligence (AI) is rapidly transforming how organisations conduct company research, offering new tools and methodologies that vastly improve the ability to gather, analyse, and utilise data. As businesses strive to remain competitive in an increasingly complex and fast-paced global market, the adoption of AI in company research is not just an advantage but a necessity. By leveraging AI, organisations can...
AI for Business Research: Unlocking New Insights & Opportunities
Artificial Intelligence (AI) is revolutionising business research, transforming how companies gather, analyse, and apply data. As AI technology evolves, its applications in business research become more sophisticated, offering deeper insights and enhancing strategic decision-making. Leveraging AI for business research not only provides a competitive advantage but also streamlines workflows and uncovers opportunities...
The 6 Most Important Market Intelligence Metrics (And How to Present Them)
In 2021, a McKinsey survey revealed that 80% of organizations were prioritizing new business building to better adapt to disruption and shifts in demand. Market intelligence metrics play a crucial role in enabling business expansion. Ongoing turbulence—in economies, markets, and elsewhere—has only increased the value of timely, relevant market intelligence (MI). Like setting sail on the vast ocean, your success hinges...
Cracking the Competitive Intelligence Code: How Third-Party Data Helps Your Org Gain a Market Advantage
What’s your strategy for uncovering intelligence that can give you an edge in the market? We’ve all experienced the transformative power of data and algorithms when using Google, streaming with Netflix, or shopping on Amazon. But futurist and technology thought leader Bernard Marr highlights that organizations directly interacting with consumers have a significant data advantage due to the abundance of consumer-generated...
Espionage Alert: How to Crack the CI Code Without Breaking Ethical & Legal Boundaries
When most people hear the word, “espionage,” they likely picture a spy from the big screen—James Bond for action junkies or perhaps Austin Powers for comedy lovers. But espionage isn’t confined to Hollywood thrillers. And it isn’t a recent phenomenon either. A Foreign Policy article highlights the storied history of corporate espionage, noting, “From classical Greek cities to modern U.S. corporations, the theft of trade...
5 Essential Factors to Look For Before Investing in Your Next CI Tool or Service
If you’re finding your current competitive intelligence falls short of expectations, you aren’t alone. Cam Mackey, Past Executive Director of Strategic and Competitive Intelligence Professionals (SCIP) pointed to a growing gap between competitive intelligence (CI) leaders and laggards in 2021. At the time, Mackey noted that leaders are “… more adept at ‘seeing through the fog’ of a volatile market and acting quickly when...
The Power of Perspective: Using Multi-Dimensional Data to Fuel Better Competitor Analysis
“Without data, you’re just another person with an opinion.” This adage, attributed to the legendary statistician W. Edwards Deming, suggests the vital role data plays in your market and competitor analysis. After all, you need to convince decision-makers across your organization that the insights you deliver are credible—not just a gut feeling. Embarking on market and competitor analysis without the right data is like...
Why You Need to Fact-Check AI-Generated Content for Misinformation
Content created by Artificial Intelligence proliferates at a remarkably rapid pace. AI’s power to transform our informational landscape is immense, due to the constant overflow of information. AI analysis is more than twice as fast as human discovery and gives us a wellspring of optimised data that allows us to expedite decision making. However, if the AI dataset is flawed, it can drown out fact with misinformation and...
Everything to Know About Generative AI in Media Production
If you’ve logged onto the internet in 2023, you’ve probably heard about AI advancements. From appealing AI filters on social media to the March 14, 2023 release of GPT-4, artificial intelligence (AI) has become all the rage, and that’s not likely to end anytime soon. But what does AI have to do with film and media production? Generative AI, a category of intelligence that creates content like text and imagery, could...
Top 5 Ways Financial Services Teams Are Using Generative AI
There’s no doubt about it. Generative AI promises to transform how financial institutions conduct analysis, research markets, and serve clients. While there will always be a need for human oversight and ingenuity, using AI can make everything more efficient for financial professionals. For researchers, advisors, analysts, and other financial professionals, generative AI allows streamlining time-intensive processes—which...
Top 5 Ways Professional Services Teams Are Using Generative AI
By now, it’s highly likely that at least some conversation of Generative AI has crept into your life in professional services. While there are debates about the pros and cons of the technology, there is no doubt that Generative AI is emerging as a game-changing technology for professional services firms like management consultants, market researchers, IT services, and more. More and more companies and professionals...
Top 5 Ways Communications Teams Are Using Generative AI
Communications professionals face immense demands to continuously produce content across multiple platforms and channels. Generative AI is emerging as a game-changing technology to automate certain communications tasks and boost productivity. For marketing, PR, social media, and other communications professionals, generative AI enables drafting press releases, website copy, social posts, presentation materials, and...
Top 5 Ways Risk Management Teams Are Using Generative AI
As risk management becomes increasingly data-driven, generative AI is emerging as a game-changing technology for risk teams. This is great news for you as a risk professional because it enables you to automate repetitive tasks so you can focus on higher-value analysis and strategic advising. In this article, we explore 5 key applications of AI for transforming risk management, and how you can best use these tools to...
Generative AI 101: What You Need to Know About the Groundbreaking Tech
If you’ve been following the growth of Artificial Intelligence, it’s likely that you’ve interacted with, or at least seen, Generative AI. Systems like DALL-E and ChatGPT fall into this category, making it an incredibly hot topic in the world of technological advancement, but what does Generative AI even mean? In short, this type of AI generates things like text, images, and videos. It can respond to questions, build...
From Start to Finish: Your Checklist for Responsible Generative AI
Generative AI (GenAI) stands poised as a monumental breakthrough for the future of work, redefining the way organizations operate. Whether used for creating written or visual content, enhancing analytics, or fueling innovation, GenAI capabilities have transformative potential. Implementing such technology requires more than technical knowledge; it demands a strategic approach to empower a more productive workplace while...
The Ripple Effect: GenAI's Expanding Influence on the Future of Work
When generative AI (GenAI) surged into wide availability, it came on like a technological tsunami, sweeping across traditional practices like a powerful wave. The sudden inundation of innovative possibilities, from enhancing risk management workflows to synthesizing new pharmaceutical compounds, quickly became pervasive. Now, with the initial wave behind us, GenAI will continue to reshape workplaces to deliver tangible...
Future of Work Report 2024: How Generative AI is Shaping the Future of Work
Generative AI entered the digital landscape like a flash of lightning, taking the business world by storm. Why has it generated such a tremendous wave of interest? Previous automation technologies primarily influenced physical work. Today, organizations around the world recognize that generative AI has the potential to transform the world of work for all. In this report, we explore three key findings: 1. Positive...