More data will be created in 2017 than in the last 5,000 years combined. The digital age has brought with it a proliferation of new platforms, applications, and devices that are fueling this unprecedented creation of business content. In fact, Gartner predicts we’ll see an 800% growth in data volume in the next five years, 80% of which will be unstructured. But as the amount of data grows, it gets harder, costlier, and more time consuming to make sense of it all.
Companies have a treasure trove of value in the content that currently exists within their business, but they don’t have any real way to extract this value. AI and ML are the only scalable ways to solve for this very real challenge facing businesses. While the rate of innovation in artificial intelligence and machine learning is staggering, these nascent technologies have been hard to bring to business content at scale. Until now.
AI technologies unlock the value of businesses’ ever-increasing amount of data, resulting in greater efficiency and faster, more agile decision making at all levels. Drawing on real-world examples, Faizan Buzdar explains how intelligence is being applied to enterprise content in practical ways that will revolutionize the most important business processes for companies of all sizes and across all industries. Along the way, Faizan discusses the role AI plays in the long-term strategy at Box.
Faizan Buzdar is the senior director of platform product management at Box, where he leads the charge of custom machine learning for enterprises. He also oversees partner integrations with companies like Google and Microsoft. Faizan has a relentless drive to transform and simplify the modern workplace. Previously, he was the founder and CEO of Convo, a technology startup and a SaaS platform for enterprise collaboration for mission-critical enterprise use cases like product design, healthcare/emergency care, and editorial content creation. Fazian is a passionate executive, entrepreneur, product guy, and photography enthusiast. He holds several patents and has designed and taught workshops and classes on human interaction and object-oriented programming at top engineering universities. He was also highlighted as a case study for immigration reforms and startup visas by President Obama. He is currently a cochair of FWD.us.
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Might you have any specific stats to put on your statement that “AI will impact the enterprise in practical ways, making content more intelligent and resulting in increased efficiency of crucial business processes.” I’m putting together economic and efficiency data on AI use for a few use cases.