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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities. The point is there’s a ton of variation in this space.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business

Investment in AI is growing and is increasingly coming from organizations outside the tech space. And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance.

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Startups Could Fundamentally Change the Way Big Investors Operate

Harvard Business

Innovation has the potential to transform the investment industry. Yet the world’s largest funds are closed off from these innovations. Research we have collected in recent months shows that pension funds, sovereign wealth funds, and endowments expect imminent breakthrough innovations in investment technology.

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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Some industries, like photography and media, were impacted earlier. Insight Center.

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3 Steps Toward Getting Your Workforce Introduction to Artificial Intelligence Right

Organizational Talent Consulting

Operations - improving customer service and identifying production errors and defects. Have you heard about the new hot tech job, AI Prompt Engineer, that can pay up to $335,000 annually without an engineering degree? Whenever leaders introduce bold change, creating workforce desire and understanding are vital. No pressure, right?

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We conducted a survey of over 5,000 board members from around the world to find out. Setting Priorities.

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Gig economy 2020: The new revolution

QEmploy

Rabbit, Airbnb, Lyft, Uber, Rover, Postmates, DoorDash, companies that brought innovation into the world of the gig economy, are now facing new challenges that will push the work market even more into the future. Humans.net survey suggested that 38% of freelancers living and working in the US, periodically or regularly use cryptocurrencies.