IDC and Ansys are hosting a webinar where we will discuss with Infineon and Monolith how to accelerate product innovations through AI and what changes will need to be made to your business.
Artificial Intelligence (AI) is rapidly becoming the defining technology of the century. Organizations that are already expert in AI have delivered market-defining innovations. In 2018, Google autonomous driving startup Waymo launched the first autonomous driving fleet of cars with the use of AI. In 2020 Oxford-based AI startup Exscientia, in collaboration with the Japanese pharmaceutical firm Sumitomo Dainippon Pharma, delivered the first drug molecule invented entirely by artificial intelligence into clinical trials. The project took less than 12 months instead of the usual four to five years. Using AI to generate new medicines cuts cost of early-stage drug development by a third.
Artificial Intelligence has the potential to shift the landscape of most industries. The automation potential of AI alone can rapidly accelerate the pace of design cycles and innovation.
In the last two decades, the industry has seen waves of disruption from high tech and automotive to the industrial and energy sector, all caused by a shift to digital internet platforms. The clear lesson from recent history has been those who move early to focus on building out their capabilities in transformative technologies tend to survive and thrive, and those who don't quite often see a different fate.
This said, only a small number of organizations are using AI to meaningfully innovate. For example, a recent IDC survey suggests 29.4% of European organizations investing in emerging technologies are already using AI, a figure that's consistent globally. So why are only less than a third of organizations investing in a technology that will be so profound to nearly every industry?
Although introducing AI will come with its hurdles, those that start their innovation journey now will be able to lead their fields for decades to come.
In this webinar, IDC, Ansys, Infineon and Monolith will discuss:
If you are a business leader or work in engineering looking to introduce Artificial Intelligence, you need to understand both the opportunities it creates and the potential strategic impact on your organization. Join us to learn how you can drive product innovation, accelerate design cycles and successfully embrace AI.
We would like to thank all the delegates who participated in the engaging conversations and in-depth discussions at this event.
If you missed the event or if you would like more information on any of the topics we discussed, click the button below to watch a recording or access the post-event content.
Senior Research Analyst, European AI Systems, IDC
Dr Volkan Esen
Director System Engineering and Applied Machine Learning Methodology, Infineon Technologies
Dr Richard Ahlfeld
CEO and Founder, Monolith AI
Dr Christophe Bianchi
Business Strategy Director - HighTech & HealthCare, Ansys
57 Years | 1300 Analysts | 110 Countries
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company. To learn more about IDC, please visit www.idc.com.