Four Inconvenient Truths About Product Development
According to a study by the McKinsey Global Institute, the failure rate for new product launches ranges from 25% to 45%, with the consumer goods industry experiencing the highest failure rate of around 45% (‘Reviving…
What Affects a Project Schedule: A Load Balancing Story
Part 1. This Is Not the Load Balancer You’re Looking For…When assessing the scope of a new project, we always do our best to estimate the required level of effort as accurately as we possibly…
AI & AGI: Exploring the Present and Future of Artificial Intelligence
Artificial Intelligence (AI) has quickly become an integral part of our lives, transforming industries and revolutionising the way we work with technology. Alongside the rapid advancements in AI, the concept of Artificial General Intelligence (AGI)…
ChatGPT: a Developer’s Friend or Foe?
In a remarkably short length of time, AI has become a part of many people’s everyday lives, revolutionising industries, automating a wide range of labour-intensive tasks, and enabling companies to maximise their productivity. However, artificial…
Why Reinforcement Learning Matters and How It Can Help Your Business
Reinforcement learning is a powerful type of machine learning algorithm that is rapidly gaining traction in the business world. This approach to artificial intelligence is particularly well-suited to decision automation, helping companies solve complex problems,…
Machine Learning Algorithms: Improving the Performance of People and Companies
Machine learning, once considered the exclusive domain of programmers and mathematicians, has become ubiquitous in the modern world, with applications in nearly every industry. While some barriers for wider adoption may still exist, there are plenty…
AI vs Machine Learning: What Is the Difference?
The Difference between ML and AIOver the past few years, with every new and exciting product, the terms “machine learning” and “artificial intelligence” have increasingly been thrown about. As a result, puzzled consumers everywhere are…
Top 10 Questions About Outsourcing (+1 for Good Measure)
When launching a new project, it is important to not only choose the right provider for your company, but to know which questions exactly should be put to them in the first place. So for…
How to Work with AI
If you’re a regular blog reader, you’re probably already aware that when it comes to artificial intelligence, its current state of development is severely misunderstood. Sadly, however, this matter is not helped at all by…
How Does Artificial Intelligence Work?
From promises of bringing forth an imminent utopia to marking the end of the human race, artificial intelligence (AI) has been the subject of much hype, most of which is insubstantial. In recent years, however,…