Inspired by the concept of a conventional factory, Nexus FrontierTech wants to help organisations kickstart their AI journey and progress from roadmap into proof-of-concepts in three months.
Artificial intelligence (AI) solutions firm Nexus FrontierTech has announced an initiative aimed at helping businesses develop and deploy AI solutions effectively.
According to Nexus, AI Factory is inspired by the concept of a conventional factory where products are manufactured at “speed and scale”.
The programme aims to enable businesses to kickstart their AI journey and progress from roadmap into proof-of-concepts in as little as three months.
The AI Factory programme involves an assessment of a business’s processes and functions and, identification of potential AI opportunities, before proceeding with pilot development, deployment and evaluation of the customer’s selected AI solution.
“If you consider a package from consulting or proof-of-concept service providers, our AI Factory programme adds on both development of an AI roadmap and delivering the actual solutions for our customers at scale and speed, just like a physical factory,” said Derrick Liao, regional director and head of growth at Nexus.
A 2018 McKinsey survey underlines while AI adoption is increasing, some key challenges persist. These include lack of strategy around AI deployment and a lack of talent with the requisite skills for AI solutions. The survey also found functional silos to be a top constraint to scalability of AI solutions in businesses.
“Change management and knowledge transfer are easily overlooked factors in the digitisation journey. We share these assets as indication of our commitment to help our customers achieve long-term success”
Nexus points out that businesses today face a need to embrace digital transformation in order to remain viable market participants. Enabled by technologies such as IoT, AI and cloud, businesses that successfully adopt digital solutions stand to enjoy reduced costs, greater work efficiency and increased revenue.
The programme also incorporates leadership training sessions to ensure that their customers’ organisations are thoroughly ready for innovation. All of AI Factory’s assets, from methodology knowledge to production, will be sharable and marketable for customers as well.
“Change management and knowledge transfer are easily overlooked factors in the digitisation journey. We share these assets as indication of our commitment to help our customers achieve long-term success,” added Danny Goh, CEO of Nexus FrontierTech.
Nexus reports its multi-disciplinary team of more than 100 researchers and practitioners has developed solutions for clients in the UK, Japan, Vietnam and the Middle East since 2015, including an AI-based licence application process for Abu Dhabi Global Markets (ADGM).
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