Varghese Abraham

Citation from our latest paper "Data products, data mesh, and data fabric New paradigm(s) for data and analytics?" with Ivo Blohm, Felix Wortmann and Christine Legner: "Data products, data mesh, and data fabric reflect comple- mentary concepts to foster data-driven innovation at scale in organizations. The concepts are promising to make data usage more effective, agile, and scalable by adopting an enterprise-wide perspective and emphasizing socio-tech- nical principles." (Blohm et al. 2024) If you are interested in #dataproductmanagement, please find the paper here for further reading: ➡ https://lnkd.in/dz4SRBMd and want to exchange on the #dataproduct concept, please feel free to book a meeting: ➡ https://lnkd.in/dduGgGjD #dataproducts #dataproductmanagement #datafabric #datamesh

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BCG has been a named a leader in The @Forrester Wave ™: AI Service Providers, Q2 2024!     We ground all our AI projects at BCG X and BCG by the 10-20-70 rule: 10% of efforts are devoted to algorithms, 20% to data and technology—but the majority, 70%, goes to people.     People are what really make the magic happen and I feel incredibly lucky to work with the best and brightest minds helping our clients take their AI dreams to reality.     Take a look at the report: https://bit.ly/4ak5H2M    #GenerativeAI #ArtificialIntelligence 

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🚀 Thrilled to announce the publication of our latest paper: "#Dataproducts, #datamesh, and #datafabric: New paradigm(s) for data and analytics?" which I co-authored with Ivo Blohm, Christine Legner and Felix Wortmann 🎉📊 For decades, the drive to turn data into actionable insights has been paramount. Yet, despite technological advancements and improved data management practices, many enterprises still face significant barriers in leveraging data and analytics effectively at scale. Our paper dives deep into the emerging concepts of data products, data mesh, and data fabric, which are being hotly debated as potential paradigm shifts in data practice. These concepts aim to overcome traditional data management challenges and bring about a more decentralized, agile, and enterprise-wide focus on data. Key highlights: 🔍 We demystify and contrast these three interrelated concepts. 📚 We propose an integrated framework and a research agenda to address challenges in scaling data and analytics. 🎯 Our goal is to advance understanding, promote effective data usage, and foster data-driven innovation within organizations. Excited to share our findings and contribute to the ongoing conversation in the Business and Information Systems Engineering community, and the professional AI and Data domain. Check out the full paper to explore how these emerging paradigms can transform the way enterprises handle data, analytics, and ultimately AI. Let's drive data innovation together! 💡🚀 ➡ https://lnkd.in/dz4SRBMd #DataScience #Analytics #Research #Innovation #DataProducts #DataMesh #DataFabric #BusinessIntelligence #DataManagement #EnterpriseData #DataDriven #AcademicResearch #DataInnovation #AI

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Top 5 Hubs for Senior AI Talent in 2024! 💡 Curious about where to find the brightest minds in AI? 🌎 Thanks to Savannah’s Talent Intelligence practice, here are the top five hotspots for senior AI talent. 👉 https://lnkd.in/editWKTt #Leadership #NextGen #TalentIntelligence #AI #ExecutiveSearch 

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Watch Distinguished VP Analyst Mary Mesaglio dissect what the 2024 Gartner CEO Survey revealed. Comfort with risk taking is inherent in the CEO role — and that absolutely extends to generative AI, according to the 2024 Gartner CEO Survey. Explore the executive’s guide to understanding, implementing and planning for the future of GenAI: https://gtnr.it/3VGipEZ #CEO #GenerativeAI #GenAI

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Companies have never placed a higher priority on innovation—yet they have never been as unready to deliver on their innovation aspirations. Global innovation readiness as measured by BCG’s proprietary innovation maturity score is down. Just 3% score in the “ready zone.” While innovation leaders’ number one challenge is an unclear or overly broad strategy, the vast majority are focusing on process optimization, not strategy. Those organizations that exhibit a strong alignment between business strategy and innovation strategy report a share of sales from new products 5 percentage points above the sample average. While nearly all organization are experimenting with GenAI in innovation, few are implementing at scale—missing opportunities to reshape their innovation processes or to enable new products, services, or business models. https://lnkd.in/dhtUNEMt

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How do CIOs make the call on winning GenAI pilots in their tech functions? In this BCG research on #GenAI integration in the tech function, we explore the relationship between value, feasibility, and change management drawing on the critical roadmap towards Read the full article: https://lnkd.in/gZyWwpt6 #AIatScale.

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Unlock the power of #generative AI across #industries! Explore how this cutting-edge technology is reshaping design, creativity, and innovation. From personalized content creation to optimized #manufacturing processes, discover the limitless possibilities of #generative AI. Stay tuned for #insights and #industry use cases that showcase its #transformative potential! Great to learn more Oliver Gassmann #GenerativeAI #Innovation #IndustryUseCases

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In case you’re considering implementing GEN AI on a process basis, here’s a 6 point road map to keep in mind. Remember, the most important part is to include the knowledge of your people !! https://lnkd.in/gdhsDmSU

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The future has never looked more uncertain. To keep competitive edge, CEOs need to imagine several possible futures and make themselves ready for all of them. A new article from Boston Consulting Group (BCG)'s Marc Gilbert and Nikolaus Lang, “Geopolitical Risk is Rising. Here’s How CEOs Can Prepare,” outlines four scenarios for the 2030s, explains what shapes the scenarios, and how CEOs can build an effective geopolitical capability. Read it here. https://lnkd.in/gFi-yEaS #geopolitics #scenarios #FutureOfBusiness #leadership

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BCG has been recognized as a leader in The Forrester Wave™: AI Service Providers, Q2 2024. As a part of BCG, I feel privileged to work with some of the brightest minds developing cutting-edge AI/GenAI solutions for our clients. As stated in the Forrester report, “BCG excels at delivering AI with business impact. BCG challenges its clients’ assumptions of AI impact by developing innovative AI solutions with a pragmatic approach led by business expertise.” Read the full report here: https://lnkd.in/dkh5VYCC   #BCGX #ArtificialIntelligence #AI

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In my opinion AI has sorted all the deficiencies of RPA. We will see RPA resurgence with AI integrated in the automation platform. More robust then the AI agent and " the missing piece" for an end-to-end curated automation solution. #rpa #automation #AI #GenAi

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🚀 Unlocking the Potential of #IoT in Enterprise Systems 🌐 The fusion of Internet of Things (IoT) with #intelligent and autonomous transactional data and devices are reshaping the landscape of enterprise systems like never before. Imagine a seamless flow of real-time #data powering critical functions across Enterprise Resource Planning (#ERP), #ProductLifecycleManagement (#PLM), and #ManufacturingExecutionSystems (#MES)—propelling businesses into a new era of efficiency and #innovation. While the promise of IoT integration is tantalizing, numerous challenges often hinder the initiation of such transformative projects. Common hurdles include: 1️⃣ #DataSilos: Fragmented data stored in #disparatesystems can obstruct the flow of information, leading to #inefficiencies and missed opportunities for optimization. 2️⃣ Legacy #Infrastructure: Outdated systems and infrastructure may lack the compatibility required to seamlessly integrate IoT #technologies, necessitating costly upgrades or replacements. 3️⃣ Security Concerns: With the influx of connected devices, #cybersecurity becomes a paramount concern, requiring robust measures to safeguard sensitive data from #cyberthreats and breaches. 4️⃣ Resource Constraints: Limited expertise, #budgetaryconstraints, and competing priorities can impede the allocation of resources necessary for embarking on IoT initiatives. Despite these challenges, the potential benefits of IoT integration are undeniable. By addressing these obstacles head-on and leveraging innovative solutions, organizations can unlock new opportunities for operational excellence, enhanced decision-making, and sustained growth. Excited to navigate the complexities of IoT integration and revolutionize your enterprise? We can help - Rockwell Automation Kalypso: A Rockwell Automation Business💡🔗 #IoT #DigitalTransformation #EnterpriseSystems #Challenges #Innovation

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Four sources of value of Generative AI: Everyday AI, Packaged AI, and Bespoke AI.. the fourth? Indirect AI — extracting value from your suppliers as they implement Gen AI. Low Cost, Low Tech with the potential of large payoffs. We will be live on July 24th.

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In a recent interview with Bloomberg TV, our CEO, Christoph Schweizer talked about the adoption curve of #GenAI among corporates. As he mentions, companies that are leveraging #AI are reshaping their futures in the process and settling in to experience growth and staying competitive in the long run. The distinction between true winners and laggards is becoming increasingly clear. Hear more from him on our deep commitment to growing and adapting with this technology: https://lnkd.in/dpnZ4A73

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𝗔𝗜 & 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: 𝗧𝗵𝗲 𝗘𝗰𝗼𝗻𝗼𝗺𝘆’𝘀 𝗚𝗿𝗼𝘄𝘁𝗵 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁 Last week, we discussed the rapid pace of technological development. From healthcare to travel, AI is transforming every sector and driving us towards an innovation-based economy.   With these advancements, there is a pressing need for governance that balances ethical concerns with innovation. The US and China exemplify different approaches: the US's decentralized model fosters diverse AI ecosystems, while China’s centralized strategy accelerates state-backed initiatives.   As data becomes the new oil, the digital revolution could mimic the economic impact of the industrial revolution. Saudi Arabia’s Vision 2030 is a prime example of investing in tech to diversify economies. McKinsey & Company estimates AI could add $13 trillion to the global economy by 2030.   However, the digital divide is a significant challenge. For example, only 35% of people in developing countries use the internet, compared to 90+% in developed countries, and 85% of our population lives in developing nations. Addressing these disparities will be crucial for inclusive digitization.   As Sundar Pichai, CEO of Google, said a few years back, "AI is more profound than, I dunno, electricity or fire." We must ensure technology benefits all of humanity through thoughtful and inclusive regulation. #Digital #AI #Innovation #Growth

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Gartner Guidance: Generative AI use case can deliver new value in each industry and sector. Utilize this collection of 16 prisms and 294 industry-specific GenAI use cases to gain a clearer perspective on the value of this emerging technology. #GartnerIT #GenAI #AI

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