Artificial Intelligence (AI) has already had a significant impact in academia and educational environments. It has introduced many advantages such as personalized learning experiences and chatbots to assist students and faculty with quick access to information. However, as AI tools continue to become widely available, they bring forward challenges and concerns that must urgently be addressed. Imagine a student submits...
Accessibility in technology is essential and cannot be viewed as simply an additional feature . Imagine a visually impaired student struggling to navigate an online research database because the text - to - speech function doesn’t work properly. Or a student with mobility challenges unable to use a platform because it lacks keyboard navigation. Unfortuna tely, these barriers are all too common when it comes to technology...
Each year on April 22, Earth Day inspires individuals, governments, and organizations to reflect on their role in protecting the planet. But for many mission-driven nonprofits, Earth Day is a call to action with the support of one of the nonprofit sector’s most powerful tools – data. To stand out and deliver impactful results, nonprofits need credible, trustworthy data to guide their strategies and measure...
Generative AI’s potential for companies is well-known, but the technology can create new risks if it is not powered by original and trustworthy data sources. In this blog, we explore those risks; highlight best practices around pulling data for generative AI using a Retrieval Augmented Generation (RAG) technique; and suggest the key questions to ask your data provider for a trustworthy and effective approach. ...
Generative AI is widely predicted to transform almost every industry and use case, and companies spent more than $20 billion on the technology last year. But it also exposes these firms to new risks if not implemented strategically. In this blog, we will explain how the Retrieval Augmented Generation (RAG) technique enhances generative AI helps to mitigate these risks and deliver more accurate, relevant and trustworthy...
The global economy in 2025 will be characterized by fluctuations in inflation, material costs and growth rates across different jurisdictions. Only organizations that can identify and manage these risks will be able to successfully navigate this challenging economic environment. In our latest blog, we summarize the main financial trends and how organizations should respond to them. Three economic trends to watch in...
New human rights due diligence legislation. Emerging AI regulations. Stricter financial crime directives. These developments and more should leave organizations in no doubt that their reporting requirements have become more onerous than ever in 2025. In our latest blog, we look at how compliance officers are overcoming this challenge by leveraging AI to produce more reports in less time. We also explore how a Responsible...
Large Language Models and generative AI tools have transformed the way organizations bring order to the vast amount of online and offline data available. AI can narrow down this data universe to a concise summary of only the most relevant results, which allows organizations to generate insights that would not have been possible through manual searches. In our latest blog, we explain how a Responsible AI approach can...
Analysts, compliance officers and academic researchers are using AI tools to make their research process more efficient and find new insights from large volumes of data. In our latest blog, we look at some of the main ways AI is transforming research, and explain why a Responsible AI model is the best way to overcome the risks of the technology. New possibilities for researchers in the age of AI Research is a critical...
USA, Russia, EU, Europe, China and UAE are among many jurisdictions that have recently imposed economic sanctions on foreign companies and individuals, in response to alleged human rights violations, geopolitical tensions or breaches of international law. Any company operating internationally could face legal and financial penalties if they or their third party are found to be in breach of such sanctions. However, companies...
Financial shocks almost seem like business-as-usual for any company operating internationally in 2024-25. Recent shocks like sharply rising inflation, sudden economic sanctions, and military crises each have the potential to disrupt supply chains and prevent business operations/activity. Companies that have built up resilience are not only better equipped to overcome shocks and preserve their supply chains but can...
From machine learning to generative AI, the latest developments in AI technology offer a major competitive advantage to companies who can best apply them to their business’ challenges. But those benefits will only be realized if a firm’s AI initiatives are founded on credible and accurate data. In this blog, we explore how trusted data and technology can make your company more innovative. How to ensure...
Companies are increasingly moving to an API-first approach in which they start any AI or digital project by focusing on the API they will use to integrate the data required. In this blog, we look at the benefits of this approach and seven steps your company can follow to become API-first. The trend towards an API-first approach One of the clearest trends in corporate governance over the past decade is the move towards...
With the start of Giving Season just around the corner, we’ve pulled together some tips on trends and prospect research tricks to help you make the most of this year’s giving season and move your mission forward. After all, as Classy.org reports , non-profits acquire 10X more donors on Giving Tuesday compared to an average day and 30% of annual donations come in between Giving Tuesday and New Year’s...
Many people get started in nonprofits because they are very passionate about the cause. This means that the work is incredibly meaningful and can be very fulfilling. However, with funding and staffing limitations, the nonstop list of tasks, and passion for the cause, the sector sees a high rate of employee burn out. And of course, that issue becomes even larger during stressful periods like “Giving Season.”...
Storytelling is a powerful tool: even just going to see a movie or turning on the television can provide a sense of escapism, boost our empathy for fellow humans and change the way we see the world. Apply that to fundraising and you’ve got a winning strategy in which donors are even more compelled to give to your organization. Sharing anecdotes and wins during Giving Season is a helpful way to meet fundraising...
AI offers significant opportunities for companies, but there are ethical concerns around the fast-emerging technology. Many of these concerns come back to the data being leveraged by technology, including how that data was collected and how it is being used. In this blog, we look at the benefits for companies of prioritizing ethics when bringing in AI and data. We then outline five steps to follow to develop an ethical...
As the calendar winds down, nonprofits and philanthropic causes see a significant surge in donations, with December 30th and 31st consistently ranking as the two biggest giving days of the year. This phenomenon is driven by several key events and factors, each contributing to the heightened generosity witnessed at the year's end. Let's explore these in detail. 1. The influence of Giving Tuesday Giving Tuesday...
Nearly 9/10 executives consider investing in AI and data to be a top priority for their company, yet 8/10 of those initiatives are likely to end in failure. In this post, we explore the key reasons behind why AI projects do not achieve their aims. We then draw lessons from those failures to help companies exploit the vast opportunities of AI, with help from credible data and technology from LexisNexis® . A study...
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...
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...
For businesses in the nonprofit industry that rely on donor funding, one of the biggest hurdles can be finding donors in the first place. While your institution may have a set group of reliable givers, it’s always important to be generating more and more donor prospects to grow and maintain revenue. But most donors aren’t found with a simple Google search or Instagram post. Nonprofits rely on various methods...
In the three years since the corporate world shifted to a remote-forward work culture, employees have been able to see into the lives of their coworkers. With video conferencing, people can view someone’s living room, their family walking around in the background and, most importantly, the way their browser looks when they share a screen. So, it’s safe to say that everyone knows by now that there’s always...
Creating a Workflow process is one of the best ways businesses can keep up with the changing landscape of office life. Workflows are being implemented across industries for good reason; according to a study by Gartner , automated workflows increase productivity, reduce errors and lead to overall lower operational costs for businesses. They make employees’ lives simpler and improve the customer service experience...
While the ability to multitask can seem like a positive skill, there is a lot of research into the actual downsides of having too much on one’s plate at once. The act of “ task switching ,” or moving in between two separate tasks, often results in lost time and focus, making it an impediment to productivity. This is particularly the case in research, when employees shift between searching and archiving...