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Top 10 business applications stories of 2024

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The Hype Cycle: Understanding the Stages of AI Adoption

The Gartner hype cycle is a well-known framework used to measure the level of excitement and interest in emerging technologies, including AI. The cycle consists of five stages: peak, trough, slope of enlightenment, slope of disillusionment, and the plateau of productivity. The current state of AI adoption is at the peak of the hype cycle, according to Computer Weekly.

Identifying the Stages of AI Adoption

To understand the current state of AI adoption, it’s essential to identify the stages of the hype cycle. Here are the five stages:

  • Peak: The peak stage is characterized by widespread excitement and interest in the technology. This is the current state of AI adoption, where industry leaders and organizations are eager to adopt AI solutions. Trough: The trough stage is marked by a decline in interest and excitement. This stage is often characterized by a decrease in investment and adoption of AI technologies. Slope of Enlightenment: The slope of enlightenment stage is where the technology starts to gain traction and become more widely adopted. This stage is characterized by a gradual increase in interest and investment. Slope of Disillusionment: The slope of disillusionment stage is where the technology starts to lose momentum and interest. This stage is often characterized by a decrease in investment and adoption. Plateau of Productivity: The plateau of productivity stage is where the technology has reached its full potential and is widely adopted.

    Cloud ERP migration costs can be a major headache for councils.

    The council had to pay £1.5 million to SAP to migrate the customisations, which was a significant portion of their annual budget.

    The Challenges of Migrating ERP Systems

    Migrating an ERP system to the cloud can be a daunting task, especially when it comes to customising the software. The process involves not only transferring data but also reconfiguring the system to meet the customer’s specific needs. This can be a time-consuming and costly process, as Birmingham City Council’s experience demonstrates.

    IT departments can save money by outsourcing IT support to third-party providers.

    This can be a huge advantage for IT departments, as it allows them to keep their systems running smoothly and efficiently, without having to invest in costly upgrades or replacements.

    The Benefits of Third-Party Support Providers

    Reducing Costs

  • Lower costs for IT departments
  • Reduced need for costly upgrades or replacements
  • Ability to keep systems running smoothly and efficiently
  • Third-party support providers can help IT departments reduce costs by providing access to patches and support documentation before they switch over.

    This is because SaaS products are often designed to be highly scalable and flexible, which can make them attractive to businesses looking to quickly expand their operations.

    The Allure of SaaS Products

    SaaS products have become increasingly popular in recent years due to their ease of use, flexibility, and scalability. These products are designed to be cloud-based, allowing users to access them from anywhere, at any time, using any device with an internet connection.

    SAP Rise Upgrade: A Long-Term Commitment to Complexity and Change.

    The SAP Rise Upgrade: A Marathon, Not a Sprint

    The SAP User Group (SUG) chair has likened the upcoming SAP Rise upgrade to a marathon, not a sprint. This analogy highlights the complexity and duration of the upgrade process, which is expected to be a long-term commitment for SAP users.

    Understanding the Upgrade Process

    The SAP Rise upgrade is a significant undertaking that involves updating the SAP system to the latest version. This process requires careful planning, execution, and testing to ensure a smooth transition. The upgrade process can be broken down into several key stages, including:

  • Assessment and Planning: Identifying the scope of the upgrade, assessing the impact on existing systems, and developing a detailed plan for the upgrade process. Upgrade and Testing: Upgrading the SAP system to the latest version, testing the new features and functionality, and identifying any issues or bugs.

    The Need for AI Assurance

    The UK government has launched an AI assurance platform designed to help enterprises navigate the complexities of artificial intelligence. This move comes as AI adoption continues to grow across various industries, with many organizations struggling to ensure the reliability and security of their AI systems. The platform aims to provide a standardized framework for AI assurance, enabling enterprises to assess and mitigate potential risks associated with AI.

    Key Features of the AI Assurance Platform

    The AI assurance platform is designed to provide a comprehensive set of tools and services to help enterprises evaluate and improve the performance of their AI systems. Some of the key features of the platform include:

  • Risk assessment and mitigation: The platform provides a framework for identifying and addressing potential risks associated with AI, including data quality, model bias, and security threats.
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