Digital technology provides the potential for a fundamental transformation in businesses and organisations as well as the development of new business models. The Internet of Things (IoT), Artificial Intelligence, Robotics Process Automation, Machine Learning, and Blockchain increase the importance of data that is the basis for enriching the digital transformation journey.
Nowadays, every organizational decision around a digital transformation strategy is driven by data. In today’s world of digital disruption, data is the most valuable asset to an organization. Businesses can transform themselves through data, and data is transformed through digitalization.
Machine learning methods require massive datasets and an increase in power with more data, making data access a key competitive advantage. This potentially conflicts with the prevailing global industrial culture and ethics, which emphasizes nondisclosure of data, especially to competitors. The same could also be said for artificial intelligence and other emerging technologies.
This session will focus on how to harness the potential of these new technologies to unlock its value not just for companies but for the society at large.
Moderator: Claudia Pensotti - Journalist, Class Cnbc
Andrea Chiesi - Director R&D Project & Portfolio Management, Chiesi Group
Lloyd F. Colegrove - Director of Data Services and Fundamental Problem Solving, The Dow Chemical Company
Thérèse de Liedekerke, Deputy Director General, Business Europe
Max Lemke - Head of Unit for "Technologies and Systems for Digitising Industry”, DG Connect, European Commission