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...
Generative AI is predicted to transform almost every industry, so it is hardly surprising that companies spent more than $20 billion on the technology last year. But the technology alone is not enough to unlock generative AI’s transformative potential. In...
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...
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...
“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...
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...
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...
The intersection of Artificial Intelligence (AI) and business pulses with potential, especially since generative AI (GenAI) has entered the picture. Google research scientist Oriol Vinyals notes, “Generative models are changing the way we think about machine...
The EU’s proposed new Directive would mandate large companies in the EU or doing business there to implement strict new due diligence obligations. The regulation is now close to being finalized, which would start the clock ticking for individual countries...
One of the major themes in compliance in recent years has been the rise of Human Rights Due Diligence (HRDD) legislation in Europe and the US. Now, this trend appears to be expanding into the Asia-Pacific region after a recent initiative by the Japanese government...
Many companies have deficiencies in their sanctions risk management and customer due diligence processes, according to a survey by the UK’s financial regulator. The EU has also published new expectations about companies’ third party due diligence for...
Bolder questions and answers. Better cross-functional collaboration. Broader audiences. These demands on the Market and Competitive Intelligence (M&CI) professional’s time have created pressure to evolve—and in some cases fundamentally change—the...
Media monitoring is the key to seeing the clearest picture of how your company is functioning. Yet, it can feel like a monumental task to manage all the available information, while also making sure your data is current, comprehensive, and correct. The more you...
Data may seem as common as dirt these days, but harvesting insights from data is not without its challenges. According to Statista , for example, organizations across the globe report common problems with: 34% struggle with data discovery—where to find...
Risk management is paramount to the upkeep and success of a business. To make sure you are staying compliant, you should continuously check all operations for potential pitfalls, like illegal trades or unsavory business partners or unstable prospects. But what...