Machine Learning Archives - Microsoft Industry Blogs - United Kingdom http://approjects.co.za/?big=en-gb/industry/blog/tag/machine-learning/ Fri, 26 Jan 2024 14:12:40 +0000 en-US hourly 1 Optimising business operations through AI-powered solutions  http://approjects.co.za/?big=en-gb/industry/blog/cross-industry/2024/01/26/optimising-business-operations-through-ai-powered-solutions/ Fri, 26 Jan 2024 13:49:40 +0000 causaLens uses cutting-edge Causal AI to rethink problem-solving for organisations. This approach identifies causal relationships in data, providing actionable recommendations to business questions - with exciting results.

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As powerful new AI solutions increasingly catch the attention of business decision-makers, Gartner has recognised Causal AI as a rising star. Unlike traditional machine learning, which mainly predicts, Causal AI enables you to tackle previously unattainable “what-if” questions, creating new links between decision-making and ROI. 

causaLens logo

causaLens is at the forefront of Causal AI innovation, providing solutions through the Microsoft marketplace that help organisations move beyond existing predictive models.  

In this third of our four-blog series, we’ll explore how causaLens has productised Causal AI to reimagine problem-solving across supply chains, customer journeys, manufacturing processes and more.

AI that answers your business questions 

“If I increase the price of my product by 5%, how will that affect my customer retention rate and revenue?”  

Standard machine learning struggles to provide answers to certain business questions, due to its tendency to forecast outcomes. The power of Causal AI models, which are fully transparent and explainable, is that they capture underlying causal relationships in data, not mere data correlations. This enables them to respond confidently to hypotheticals and provide actionable recommendations to optimise your business KPIs.  

While recent years have seen growing academic interest in this emerging technology, causaLens is the only company to have productised it through the decisionOS platform. 

Workflows built to answer “what-ifs” 

decisionOS lets you build and deploy decision workflows leveraging Causal AI – going from raw data to a production-ready decision-making application seamlessly. Data scientists can use decisionOS to access the latest Causal AI algorithms and build best in class Causal AI models. Business users can access “decisionApps” deployed within decisionOS to surface actionable recommendations for their use-cases and improve decision-making.  

Using decisionOS, your team is empowered to build models that go beyond correlations and understand cause and effect relationships that can predict accurately, but, more importantly, assess the impact of interventions and counterfactuals. 

decisionOS tracks decisions from data, to recommendation, to ultimate outcome and reports that back in the KPIs which your enterprise cares about That way, you can track success by the value-generating decisions you make, rather than technical metrics like model accuracy. 

Buy better outcomes 

According to Forrester, marketplaces for SaaS sourcing help alleviate issues such as SaaS sprawl, excessive cost and security risks “while still supporting business-led purchasing, which contributes to increased business agility, better business outcomes, and improved employee experience.” (Source: The Forrester New Wave™: SaaS Marketplaces, Q2 2020.)

That’s true for causaLens, which has seen customer ROI across a range of use-cases:  

  • Working with a marketing team saw a 5% decrease in marketing costs by optimising allocation across campaigns. 
  • Working with a European bank saw a return of $12mn from using decisionOS to manage risk. 
  • Working with a leading IT manufacturer generated $19mn in savings from optimising inventory. 
  • Working with a manufacturer saw a $4mn return from optimising their manufacturing lines. 

With support from the Microsoft cloud, causaLens is making an end-to-end Causal AI platform accessible to Enterprises globally via the Microsoft marketplace. This simplifies the overall process, allowing you to efficiently adopt this state-of-the-art technology while spending smarter and reducing complexity. 

Unlock the value of the cloud 

AI software published on the marketplace forms a powerful mix of innovation, reliability, security and convenience. If you’re looking for solutions to fuel your cloud transformation and grow your business, it’s the place to shop.   

To move at the speed of business today, many companies prefer buying to building cloud apps. This allows you to offload the associated costs and management onto SaaS partners.  You’re able to use private offers to get exactly what you need, including customised terms and conditions, negotiated pricing, prototypes for proof of concept, and tailor-made solutions.  

Better still, transact in a single, accessible place, reducing procurement complexity, saving time and simplifying billing. Apply 100% of the value of eligible purchases to your organisation’s Azure cloud commitment and get faster time-to-value with solutions that work with your current technology. 

All while enjoying the peace of mind that comes from buying and running solutions on a trusted cloud with industry-leading security.    

Go from raw data to decisions  

Ready to upgrade your decision making with Causal AI?  

Visit the Microsoft marketplace to buy decisionOS now, or contact our team at ISVUK@Microsoft.com.

Other blogs in this series

Blog 1: Driving your AI transformation with the Microsoft marketplace 

Blog 2: Safeguarding your business with AI-powered security solutions 

Blog 4: Deliver transformational employee experiences through AI-empowering solutions

About the author

James Chadwick, Senior Director, UK ISV Ecosystem, MicrosoftJames joined Microsoft 15 years ago and has held leadership positions across the Consumer, Enterprise, and the Partner teams at Microsoft. James is currently the ISV Ecosystem Lead and has a passion for people and technology coming together to drive customer success. James has been at the forefront of Cloud & Digital transformation for the last 10 years launching new business models and driving transformation through the Microsoft Partner ecosystem resulting in and contributing to exciting new revenue streams and significantly accelerated growth for Microsoft and Partners.

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Cyber defence in the age of AI http://approjects.co.za/?big=en-gb/industry/blog/cross-industry/2023/10/23/cyber-defence-in-the-age-of-ai/ Mon, 23 Oct 2023 10:04:31 +0000 Discover the power of Microsoft Security Copilot and how to prepare your organisation for the era of cognitive cyber defence.

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In this age of digital disruption, as every business strives to become hyper-connected, cybercrime becomes ever more impactful and disruptive to our economy and our society, with far-reaching effects on individuals and businesses. Defenders are fighting an asymmetrical battle, where attackers are often better skilled, resourced, and organised than many security teams. Nor do attackers have to play by the same rules we must. Compounding this, in most organisations, the incident response team can receive far more security alerts than they can realistically manage.

The use of automated detection and response systems can help tip the scale in favour of defenders by using risk-based algorithms and anomalous activity detection to flag events that require human expertise to investigate further. This helps security analysts detect patterns and behaviours that are not obvious to the human eye, with more precision and speed than human defenders alone.

The background to “cognitive cyber”

As advances in dynamic and adaptive cyber defence systems become reality, what do organisations need to do to become ready for cognitive cyber, and what exactly is it?

Cognition refers to the mental processes involved in gaining knowledge and comprehension. Cognitive cyber attempts to simulate that process with the application of self-learning algorithms, natural language processing, and big-data mining techniques as applied to the cybersecurity domain. It uses cognitive system overlays to traditional artificial intelligence (AI)/machine learning (ML) models to achieve something greater than the sum of the parts. 

To recap:

  • Classic/traditional AI and ML​ detects and classifies, and can work on vast amounts of data for use in real-time applications and automation of capabilities. ​Traditional AI is strong when it comes to looking at a large field of data and finding patterns or continuations (like making recommendations).
  • Generative AI (GAI), often powered by generative pre-trained transformers (GPT), effectively understands and creates content. It works on relatively small chunks of data – text, images, sounds, videos. Large language models (LLMs) are a kind of GAI that work on text.​ LLMs are good at understanding language, summarising, and translating concepts, for example from language to code or vice-versa. ​

Clearly, linking these models makes for a much more powerful narrative. And, by using the compute power, scalability, and richness of the cloud, we can build entire systems of intelligence that can reason over vast amounts of information – structured and unstructured.​

Our name for this intelligence-based cognitive capability? Microsoft Copilots. These are experiences that use generative AI to help humans with complex cognitive tasks.

Introducing Microsoft Security Copilot

Built specifically to augment human security expertise, Microsoft Security Copilot is a combination of the most advanced GPT4 model from OpenAI, with a Microsoft expert-driven, security-specific LLM model.

Most LLMs are trained on corpuses of written human language. Security Copilot is trained on security logs, attack telemetry and threat intelligence, the outcome of which is the first AI/ML model trained specifically for security.

But the capability is much more than just the large language model. Built into the product are specific cyber skills and promptbooks informed by our global threat intelligence, which runs on Azure’s hyperscale infrastructure. This means that the models inherit Microsoft’s comprehensive approach to security, compliance, and privacy. When it comes to the data Copilot is reasoning across, your data remains your data.

Security Copilot democratises defender skills by allowing natural language for querying rather than having to learn complex querying languages like Kusto Query Language (KQL). This lowers the barrier to entry for new analysts, which helps address the cybersecurity skills shortage. We’ve launched an Early Access program for qualified candidates to explore the capabilities of Security Copilot. Reach out to your sales representative to get more details.

Use cases for Microsoft Security Copilot

Human ingenuity and expertise will always be an irreplaceable component of defence, so we need technology that can augment these unique capabilities to improve the analyst experience all-up. For this reason, initially we are focusing on security operations centre (SOC) use cases.

The three primary use cases are security posture management, incident response, and security reporting.​

  • Security posture management: Security Copilot delivers information on anything that might expose an organisation to a known threat. It then gives prescriptive guidance on how to protect against those potential vulnerabilities.​ A query such as: ‘How can I improve my security posture?’ will return evidence-based recommendations.
  • Incident response: Security Copilot can quickly surface an incident, enrich it with context from other data sources, assess its scale and impact, and provide information on what the source might be. Again, it will support the analyst through the response and remediation steps with guided recommendations.
  • Security reporting: Security Copilot can deliver customisable reports that are ready to share and easy to consume to keep managers and other stakeholders in the loop. What this means tactically is you can ask Security Copilot in natural language: ‘Summarise this incident in a single PowerPoint slide’, and it will do just that.

Preparing for cognitive cyber defence: 3 steps

In the future, our vision with Security Copilot is to support use cases across security, identity, management, compliance and more, leveraging skillsets across Microsoft and third-party products. In the meantime, and whilst Security Copilot is not yet publicly available, there are things organisations can do to prepare for these cognitive cyber defence capabilities:

Step 1: Secure your identities, especially privileged identities, and SOC members. Attackers will frequently target these individuals to gain access to critical information and systems to elevate the impact of a successful compromise.

Step 2: The age of AI is also referred to as the age of platforms. Integrating your security signals into an observability platform brings huge security gains in terms of visibility and automation. 

Step 3: Initially, Security Copilot is integrated with Microsoft Defender for Endpoint, and for an even better experience, deploy Microsoft Sentinel and Intune. Going forward, Security Copilot will integrate with third-party products.  

Finally, prepare for the risks. As with any new technology, there are both risks and rewards. To help organisations navigate the risk/reward balance, we’ve released guidance, frameworks, and tooling. 

More information, including links to the risk assessment framework, the Counterfit tool and the Adversarial Threat Matrix (MITRE ATLAS) can be found in our Security blog post Best practices for AI security risk management

For information on our commitment to build trustworthy and responsible AI, please read Responsible and trusted AI and Building AI responsibly from research to practice.

Cognitive and AIML technologies are here to stay. While they have the power to bring immense potential for improving our defenders’ experience, securing our organisations, and protecting society, we must also be mindful of potential vulnerabilities on an equally large scale and defend against that risk.

Find out more

Introducing Microsoft Security Copilot

Microsoft Security Copilot Early Access Program

News Center: Microsoft brings the power of AI to cyberdefense

Microsoft Security Copilot: Empowering defenders at the speed of AI

About the author

Lesley Kipling, Chief Cybersecurity Advisor, Microsoft EMEAPreviously lead investigator for Microsoft’s detection and response team (DART), Lesley Kipling has spent more than 17 years responding to our customers’ largest and most impactful cybersecurity incidents. As Chief Cybersecurity Advisor, she now provides customers, partners and agencies around the globe with deep insights into how and why security incidents happen, how to harden defences and more importantly, how to automate response and contain attacks with the power of the cloud and machine learning. She holds a Master of Science in Forensic Computing from Cranfield University in the United Kingdom.


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Getting started with Azure Machine Learning http://approjects.co.za/?big=en-gb/industry/blog/technetuk/2023/06/20/getting-started-with-azure-machine-learning/ Tue, 20 Jun 2023 14:00:00 +0000 Azure Machine Learning provides an environment to create and manage the end-to-end life cycle of Machine Learning models. Get started today.

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Azure Machine Learning provides an environment to create and manage the end-to-end life cycle of Machine Learning models. Azure Machine Learning’s compatibility with open-source frameworks and platforms like PyTorch and TensorFlow makes it an effective all-in-one platform for integrating and handling data and models. Azure Machine Learning is designed for all skill levels, with advanced MLOps features and simple no-code model creation and deployment.

 

Getting started with Azure Machine Learning

Azure Machine Learning (Azure ML) is a cloud-based environment where you can build and manage machine learning models. It’s designed to govern the entire ML life cycle, so you can train and deploy models without focusing on setup. The platform is suitable for any kind of machine learning, from classical to deep learning, to supervised and unsupervised learning.

Azure ML is structured to help teams of data scientists and ML engineers make the most of their existing data processing and model development skills. Whether you prefer Python or R – or have previous experience with other open-source platforms such as PyTorch and TensorFlow – Azure ML is flexible enough to support these platforms and accelerate your work.

With built-in services like Azure ML studio that provide a user-friendly interface, and Automated Machine Learning capabilities that assist you in model selection and training, Azure ML has tools and features to suit every level of experience.

Kickstart your Azure Machine Learning journey

Whether you’re a developer or simply someone who wants to get a feel for what Azure Machine Learning is all about, there are plenty of learning resources out there.

You can also find further learning resources on the Azure ML learning resources page.

 

Try out Azure Machine Learning

One of the best ways to get grips with new tools and software is simply to give it a go. There’s no better way to do this than getting stuck into Azure Machine Learning itself.

Trying out Azure Machine Learning is free, so give it a whirl today.

Learn more

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How Hello Lamp Post use Azure to help cities better understand their citizens http://approjects.co.za/?big=en-gb/industry/blog/technetuk/2022/11/13/how-hello-lamp-post-use-azure-to-help-cities-better-understand-their-citizens/ Sun, 13 Nov 2022 17:55:28 +0000 We caught up with Tiernan Mines, who spoke to us about the Hello Lamp Post platform, how they’re using Azure to power their natural language processing, and what the future has in store for smart cities.

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Hello Lamp Post is a UK and US-based company working at the exciting crossover of smart city space and customer experience. From urban planning to healthcare, they’re doing important work to reshape the ways in which cities can communicate and obtain valuable insights from their citizens.

We caught up with Tiernan Mines, who spoke to us about the Hello Lamp Post platform, how they’re using Azure to power their natural language processing, and how they’re creating the future of how people will experience place.

Chris: Who are you, who are Hello Lamp Post and what do you do?

A portrait photograph of Tiernan Mines, CEO of Hello Lamp Post

Tiernan: I’m Tiernan, I’m the CEO and one of the co-founders of Hello Lamp Post. As CEO, you can imagine I wear a few different hats and that as we evolve and grow as a company, my role morphs and changes.

I like to think of my role as being a servant to our vision and my team – the team do all of the clever work. I’m there to support and make sure everyone’s moving in the same direction together, achieving our goals and doing so in a fulfilling, enjoyable environment.

In terms of my background and how I came about co-founding Hello Lamp Post, it was mostly a venture and commercial-based background. In the early days I had roles in sales, and since then I’ve founded a couple of smaller ventures. I’ve joined other start-ups to grow particular revenue streams or new products, and eventually Hello Lamp Post was born when working with my two co-founders, Ben and Sam.

As for what we do, we’re a software company that makes anything interactive – outside of the home, in the public realm, anywhere in the world. We do that by using people’s devices combined with QR codes, which allows us to have two-way chat interactions between people and a specific hyper-local place, space or object. This could be anything from a park bench to a bus stop or a building. We also bring this online, allowing website and marketing channels to become interactive.

For companies and organisations, Hello Lamp Post can be described as a customer experience tool for places. It gives people easier access to information, be that live bus times at a bus stop, what the council has planned for your neighbourhood, or the history of a statue. This is really important because this two-way chat provides the organisations and companies that are looking after those places or areas a better view of people’s needs and wants at any given time.

C: Where did the idea behind Hello Lamp Post come from?

T: Hello Lamp Post was born out of a couple of frustrations and observations. Perhaps it was triggered by the whole Smart Cities movement a few years ago but we saw that the digital and physical worlds were coming together, in the sense that you were able to go anywhere and expect that there’s gonna be the Internet, be it Wi-Fi or mobile data. That convergence has been happening for years, but we noticed that when we move through or use physical environments, it’s all very analogue.

Whether you’re at a bus stop during your commute, working in an office, or visiting a park or landmark, everything’s still very analogue. It was the observation that you might pass through an area and want information about that place, you have feedback you want to pass on, or you have ideas about those areas – for most people these thoughts are simply forgotten.

On top of this, whenever you’re using or experiencing a place, there’s always a high barrier to entry for information. Obviously we have access to search engines, but the barriers are still high, right? If you want to find out what the council’s doing in your local area, you have to trawl through a number of websites. If you’re looking at a statue, information is limited to a tiny bronze plaque. Or if you have a tonne of questions while finding your way around a hospital, you’re limited to navigating a complex website, trying to understand complex signage or find an available staff member.

On the flip side, the other frustration is that this is a two-way investment. If I want to communicate, I need to know what company or organisation is looking after the place or object in particular.  Again, it’s not an impossible task to figure out, but the barriers to entry are really high and it cuts off a lot of interaction, and misses out a large portion of society.

So why didn’t a digital platform exist that made it easier to find information, in-location? Also, for the companies and organisations looking after those places, why wasn’t there a platform that made it easier for them to understand their audiences? That’s where the idea came from.

A photo of a man using their phone to scan a Hello Lamp Post photo, which says it can give them the story of the scenic lookout they are at.

C: How did you build the first iteration of Hello Lamp Post, and how has it changed since then?

T: My co-founders and I were talking about these frustrations and observations, and the direction in which physical worlds will change considerably. We knew they were going to become more interactive in one way or another, whether it’s for gaming, as a utility, whatever it might be, and we saw an opportunity to be a part of that.

Then there’s serendipity, and part of this was an award that we ended up winning. Originally, Hello Lamp Post didn’t exist beyond an idea on a bit of paper between us, but we entered into the Playable City Award which is run by Watershed in Bristol. Whoever wins gets to build out the first iteration of their idea.

We started from a user perspective, imagining a digital journal across a city where objects and places become interactive. How people can use those places to leave their memories and ideas, and how they would be shared with other people when they interact with the same objects and places. We entered Hello Lamp Post as an original concept and we ended up winning the inaugural award, which allowed us to build our first iteration.

We eventually deployed in Bristol for eight weeks and it was a considerable success. We proved that people will have conversational chats with inanimate objects, and that became our first jumping off point.

At the time we saw huge potential, but we never expected it to become a tool, a platform, a solution or service. But off the back of that, a number of different cities and organisations around the world got in touch to ask if this was a platform that could be used to engage and communicate in a more automated way.

What started as a one-off concept ended up morphing into a useful and powerful tool, both for us as people and also for decision makers in the public and private sector.

C: In what ways are people currently using Hello Lamp Post?

T: The beauty of what we’ve built is that the interactive layer can be anywhere. There are really no limits on where Hello Lamp Post can be deployed to have two-way exchanges. So we don’t need to be stuck in the age of reading bronze plaques, scrolling through websites, hosting a town-hall meeting or sending someone out with a clipboard to run surveys.

To go deeper on a couple of examples, fire and rescue services are using our platform to allow people to do an automated at-home safety check from their own device, which triages them on whether they’re at risk of fire at the home or not. It allows the fire service more visibility on fire risks, and in the long term it reduces the number of avoidable fires in the home.

We’re also working with hospitals, automating their process of gathering feedback. With the NHS and other healthcare services being extremely strained, things like engaging with patients and getting their feedback fall by the wayside, so we’re helping to make sure that this doesn’t happen.

At the same time, some councils are using Hello Lamp Post for public wellbeing and suicide awareness/prevention – making key locations interactive to give people essential help and information at times of critical need. Again, this is all done through smart two-way interaction.

Two people using their phones stand next to a metal pole with a Hello Lamp Post sign on it, which states that it's an air quality sensor and they can chat with it.

C: You use Azure for natural language processing – can you tell us more about how you use it?

T: For us, we break natural language processing (NLP) down into three parts: the customer-facing side, the user-facing side, and the internal side that we use. We tend to use a lot of natural language processing for the customer-facing side, with regards to presenting insights back to them.

Public and private sectors like to gather a lot of data, but we’re moving into an age of insights rather than just data. We wanted a way to distil all of the free-text responses and data that’s coming through the platform and present it back as useful insights at the click of a button. To that end, we use a lot of analytics around NLP and other areas that then feed to dashboards that our customers can look into.

From a user perspective, it’s really about using NLP live to assess what a user is saying, and that can be anything including sentiment, query recognition and classification of theme. Our algorithms have to understand what the user is saying and then decide what to do next.

Internally, we use NLP a lot with our analytics. We frequently analyse our databases to spot trends and how we can better utilise the data that we have access to. In the near future, it means better experiences for our users and customers.

Automation is a huge part of why we use NLP. In the early days of Hello Lamp Post we had to do a lot of manual analytics with spreadsheets, pivot tables and the like, so the dawn of natural language processing has really helped to automate a lot of that.

C: Why did you decide to use Azure over other cloud providers?

T: The kicking off point for us using Azure was when we when we got accepted into Microsoft AI for Good program. We were a part of the 2020 cohort, and it became a real eye opener to the Azure platform for us. We became more familiar with the different toolsets, the different infrastructure offerings and it gave us a good opportunity to sandbox a lot of what Azure has to offer. That’s when we realised how seamless it is.

Scalability was also very appealing as our ambitions were always to scale and grow, and we knew that the Azure platform could underpin all of that. It was a combination of being able to seamlessly use various tools that can talk to each other, but also knowing that if we grew rapidly then things wouldn’t fall over.

C: Do you use any open source software? If so, which software?

T: Yes, we do use open source software. We’re currently using Postgres, and some of our front end, externally-facing interfaces use Vue3 and React. On top of this, we also use several component libraries.

A Hello Lamp Post sign on a lamp post in Porthmadog, Wales. The sign is located on the platform of a train station.

C: Back in 2020, during the height of the Covid-19 pandemic, you launched an online version of Hello Lamp Post e.g. Hello Council. Did you foresee yourselves running something like that eventually? Did it affect the direction of the business in any way with what you learned?

T: I think we always envisaged moving in that direction, so the short answer is yes. We always wanted to bring the offering online, and obviously things like engagement, communication and customer experience don’t only exist in the physical world, so really the pandemic just accelerated that move for us.

Interestingly, there was an increased demand for what we do in the physical world at the start of the pandemic because companies weren’t able to have people out and about, that they now needed a contactless experience. Others wanted a more automated way to bring our platform online, think adding QR codes to letters that councils were sending out for example, to make those letters interactive. Councils were one of the types of organisations that pushed us online sooner.

In terms of lasting effects, I wouldn’t say it changed our direction, but we definitely became more informed. One of the key things we learned is that it’s clear that customer experience isn’t one-size-fits-all, it’s multi-faceted and about making it more accessible by lowering the barriers to entry. I think that was the biggest learning for us.

C: What’s next for Hello Lamp Post?

T: Our focus now is really about accelerating growth to help more customers and communities around the world. We’re really focused specifically on growing our customer base in the UK and North America, and we’ve got a team based in the US now which is really exciting, growing that market across public and private sectors.

Without saying too much we’ve got a really exciting product roadmap coming up as well, so we’re really accelerating towards that, but our main focus is just wanting to work with and help more customers and communities around the world.

C: What is Hello Lamp Post’s vision?

T: Ultimately, we want to make everywhere interactive. That might sound lofty, but what’s driving us is making it easier to connect people, information and place. There’s a sweet spot that our platform sits in that no one else does, which is partly why we’re shooting so high.

It does have a purpose, of course – the more people are connected, the better they’re informed about and involved in the places where they live, work and play. Our goal is to deploy in as many places as possible around the world and create the future of how we experience ‘place’. That ultimately feeds into our mission – make places better for people. 

Learn more

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Join us on October 19th for the inaugural Microsoft Research Summit! http://approjects.co.za/?big=en-gb/industry/blog/technetuk/2021/09/28/join-us-on-october-19th-for-the-inaugural-microsoft-research-summit/ Tue, 28 Sep 2021 16:25:15 +0000 The Microsoft Research Summit will be streaming virtually across three time zones, so you’ll have the opportunity to hear from science and technology leaders from around the world—people who are driving advances across the sciences and pushing the limits of technology toward achieving a meaningful impact on humanity.

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An illustration of a school, next to an illustration of Bit the Raccoon.

For 30 years, our research community at Microsoft has worked across disciplines, institutions, and geographies to envision and realise the promise of new technologies for Microsoft and for society. Today, we’re inviting the global science and technology community to continue this exploration—because ensuring that future advancements benefit everyone is up to all of us.

At 9am Tuesday 19th October until the 20th, Microsoft will be hosting numerous talks across a huge variety of tracks. From Responsible AI to Machine Learning and the New Future of Work, there really will be something for everyone. Then on Thursday 21st, the tracks and sessions will shift into various workshops. Be sure to check out the full extent of the talks and workshops on the agenda page.

The Microsoft Research Summit will be streaming virtually across three time zones, so you’ll have the opportunity to hear from science and technology leaders from around the world—people who are driving advances across the sciences and pushing the limits of technology toward achieving a meaningful impact on humanity. Register now to take advantage of the session scheduler and plan out your Microsoft Research Summit experience – we’ll see you there!

 

Learn more

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How to use process automation in finance to streamline operations for construction firms http://approjects.co.za/?big=en-gb/industry/blog/financial-services/2021/03/01/rpa-construction-streamline-operations/ Mon, 01 Mar 2021 16:28:51 +0000 Discover how digital automation can streamline operations, reduce errors and give faster results to make your finance team more agile.

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A construction site. Automation can streamline operations.In a previous role, I worked as a finance director in the construction sector. What was I most amazed to see during my time there? Despite having integrated financial systems, most of the processes were manual. This was further compounded by the approval processes layered on top. For example, manually entering purchase invoices than having to wait for authorisation while the managers were away from the office. At Microsoft, I discovered how digital automation can reduce these paper-based processes, streamline operations, reduce errors and give faster results. Moreover, it can join up different legacy and modern systems and processes, reducing silos. Your finance team can be more agile. Let’s take a look:

Intelligent automation to streamline operations

A McKinsey 2019 study found that 60 percent of all occupations have at least 30 percent of activities that could be automated. Intelligent automation is the combination of three key factors:

Digital Process Automation (DPA): Lets you automate workflows between applications and services, sync files, get notifications, collect data, and perform other common tasks across modern cloud services.

Robotic Process Automation (RPA): Turns manual tasks into automated workflows by recording and playing back human-driven interaction with legacy on-premise software systems. You can program RPA to run unattended, accelerating automation of high-volume, repetitive tasks or automate cumbersome or repetitive processes while still allowing for human intervention.

AI: Integrate AI models into workflows with a low or no-code approach.

Using automation in finance to streamline operations

Man outside on construction site working Surface Go 2.Together, these three factors combine to build automated workflows across all the apps, services, and on-premise legacy systems at the same time. Bridging DPA, RPA and AI into Power Platform makes it possible to create secure and compliant automation in your construction firm.

What happens when you use automation to take over manual time-consuming processes? You can free your financial team to focus on higher value work.

Automation can streamline operations and processes, such as invoicing. You can also use it to predict or view insights in real-time. You can also connect silos across your whole firm, giving your whole organisation a single source of truth.

Collecting intelligence at a larger scale will lead to better services and streamlined operations. This will lead to greater value driven, and increased agility.

For example, when connecting your finance data to your supply chain you forecast labour and product needs. This helps you make predictive and real-time decisions. As a result, construction projects are delivered quicker. You can also react quicker to external circumstances.

Grow with agility and resilience

A woman at her diningroom table looking at her computerAutomation is a long-term strategy. You do get quick wins when you streamline operations and workflows – can you imagine how much time I would have saved in my finance role? But when connected with AI, it can help uncover and create new efficiencies in the future.

The important thing to remember about automation is that it amplifies our work. It lets people focus on strategic work. The Total Economic Impact of Power Apps, a commissioned study conducted by Forrester consulting on behalf of Microsoft in March 2020 found that employees were saving almost two hours a week from automation.

Construction firms have a lot of different needs, especially between different teams and on-site frontline workers. By giving everyone the tools to do their jobs smarter and faster, you can be more agile and resilient.

Find out more

Learn more about how we can help your business transform today

Discover how Power Automate can streamline repetitive tasks and paperless processes.

Learn how businesses reduced development costs and increased overall efficiency using Power Automate in this commissioned Total Economic Impact™ study.

Resources to empower your development team

Learn how to implement robotic process automation

Watch Microsoft Tech Days on-demand: An introduction to Power Platform 

About the author

A man smiling at the camera in a business suit.Simon worked in practice for seven years before moving into the commercial sector as Finance Director of a global Industrial Pumps Business, mainly focussed on the oil and construction sectors. Simon then moved into sales of ERP Software. He now has over 25 years’ experience of selling ERP, with over 500 successful implementations – many on a global basis – across multiple sectors. He focussed primarily on construction, professional services, and field service industries, but also assisted many in the distribution, manufacturing, education and non-profit sectors.

Simon has now been at Microsoft for over three years and has brought his considerable ERP experience to become Sales Lead for Dynamics 365 Finance & Supply Chain Management in the built sector.

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