Dr. Usama Fayyad, CEO and chairman of Open Insights, shares leading practices and real-world examples on the importance of having the right data strategy and practices to make Artificial Intelligence work pragmatically in an enterprise. Given Covid-19 and the global response to it, the world is quickly digitally transforming and it is increasingly critical to include a data strategy in any digital transformation. The ability to drive significant business value from data assets has never been greater.
Webinar description & Session learning
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Webinar Description:
As the effects of Covid-19 continue to impact the world economy, all industries, ranging from business, government and academia, to sales and marketing have seen rapid “digital transformation”. Industries that are most often thought of as “offline and old style” and services as basic as ordering a cup of coffee or getting a meal from a restaurant – have suddenly seen a major transformation via digitization. Given these rapid shifts, it is critical that we consider a key lesson from the past three decades on how digital transformation without a Data Strategy can have a disastrous impact on businesses and their relationships with customers.
Data is essential to understanding customers, products, and markets in a digitized world. It is also an opportunity to leverage AI and robotic processes, such as chatbots, to realize efficiencies and deliver better services. A key to making Artificial Intelligence work is having the needed data infrastructure and capabilities to manage data as an asset. While unstructured data and big data platforms have forced a disruptive change that has left most enterprises in data chaos, we need to leverage semi-structured and unstructured data, and the emergence of the Internet of Things (IOT), is driving a dramatic shift in the enterprise data landscape.
Session learning:
Join us for this interactive hour long webinar as Dr. Usama Fayyad shares best practices, key learnings and formulas for ensuring that a digital transformation leads to “smarter” and more automated business that is AI-enabled and both captures true resilience and robustness of service processes.
Dr. Fayyad will cover:
- A historical summary of AI and machine learning, including how you should think about AI and its relevance to your business
- Why big Data is essential to your digital transformation and your business in the post-COVID world
- How every company, even the smallest organizations, are becoming big data companies
- Economic drivers for change in storage technology
- Why the requirement for real-time data streaming and analysis is stronger than ever
- How to fit the benefits of advanced analytics within the modern technology stack, and their accompanying issues and challenges
- Case studies showing the challenges and opportunities for big data, data science, and AI/ML
About Dr. Usama Fayyad
Usama is currently CEO and chairman of Open Insights, which he founded in 2008 after leaving Yahoo!. Open Insights enables enterprises to get value out of their data assets and optimize and create new business models based on the evolving economy of interactions.
From 2013-2016 Usama served as Global Chief Data Officer & Group Managing Director at Barclays Bank in London, after launching the largest tech startup accelerator in MENA following his appointment as Executive Chairman of Oasis500 in Jordan by King Abdullah II in 2010.
Prior to Oasis500, Usama’s background includes Chairman and CEO at several startups, including Blue Kangaroo Corp, DMX Group and digiMine Inc. He was the first person to hold the Chief Data Officer title when Yahoo! acquired his second startup in 2004. At Yahoo! he built the Strategic Data Solutions group and founded Yahoo! Research Labs where much of the early work on BigData made it to open source and led to Hadoop and other open source contributions.
Usama has held leadership roles at Microsoft, and founded the machine learning systems group at NASA’s Jet Propulsion Laboratory, where his work on machine learning resulted in the top Excellence in Research award from Caltech, and a US Government medal from NASA. Usama has published over 100 technical articles on data mining, data science, AI/ML, and databases. He holds over 30 patents and is a Fellow of both the AAAI and the ACM.
Usama earned his Ph.D. in Engineering in AI/Machine Learning from the University of Michigan. He has edited two books on data mining/data science and served as editor-in-chief on two key industry journals. He also served on the boards/advisory boards of private and public companies including: Criteo, Invensense, Exelate, RapidMiner, Stella.AI, Virsec, Silniva, Abe.AI, NetSeer, Choicestream and Medio. He is on advisory boards of the Data Science Institute at Imperial College, and several universities. He serves on the Board Advisory Committee to Nationwide Building Society.
Usama has also served on the advisory committee at the foundation of KAUST. He has delivered keynote and opening talks at conferences in GCC on Arabic Content on Internet, on entrepreneurship, and on leveraging bigData and AI.
About Eric Modave
Eric is presently the Chief Operating Officer of Arab Bank, he is in charge of the bank’s Enterprise Architecture, IT & Digital transformation, Innovation Hub & Accelerator programme, Operations and Enterprise Programme Management Office.
Eric is also the Chairman and General Manager of Arab Bank Shared Services in UAE supporting IT & Operations for Gulf countries. He is a Non-Executive Director of Europe Arab Bank (London – Frankfurt – Paris). Prior to Arab Bank, Eric worked with Barclays as the COO for Barclays Africa from September 2009 till June 2014 managing 12 African countries excluding South Africa and was based in Nairobi and Johannesburg. He was initially based in London from October 2006 till August 2009 as the bank’s Head of Global Payment Operations.
Eric worked with Citibank EMEA on various positions in Brussels and London between 1999 and 2006. His last role with Citi was Head of Consumer Banking Operations. He started his career with Arthur Andersen as an Audit Manager and was with the organization from 1991 till 1996. He studied Ingenieur Commercial at the University of Liege in Belgium, he is a certified chartered accountant and has studied Advanced Management Programme from INSEAD.