NEW YORK, July 11, 2024 /PRNewswire/ -- Blend is excited to
announce the expansion of our strategic partnership
with DataIQ, a leading organization focused on creating a
community for data, analytics, and insight leaders. This
collaboration aims to provide enhanced support to the Chief Data
and Analytics Officer (CDAO) community through innovative solution
development, thought leadership, and expanded networking
opportunities.
Our strengthened partnership with DataIQ reflects our shared
commitment to fostering a global network of data professionals and
advancing the fields of data and AI. By combining Blend's expertise
with DataIQ's community-building, we aim to create a powerful
ecosystem that drives excellence in the data and AI landscape.
"Data and AI Leaders are very much at the
heart of our thinking, alongside getting their expertise and
influence firmly into the boardroom to drive business value.
Leading edge partners like Blend are crucial for delivering
capability and innovation so our client-side Data and AI leader
community can accelerate successfully at scale. We are delighted
that our DataIQ 100 Summit in Miami was a big success for Blend and are
excited to be expanding our partnership with Blend globally for the
benefit of our community." remarks Adrian
Gregory, Co-founder and CEO, DataIQ.
Inaugural DataIQ 100 Summit and DataIQ AI Awards in
Miami: A Resounding
Success
The recent DataIQ 100 Summit in Miami focused on 'Winning with AI', the first
US-focused DataIQ event, served as a testament to the strength of
our partnership. This event brought together thought leaders,
provided valuable networking opportunities, and celebrated
achievements in the CDAO community at the inaugural DataIQ AI
Awards.
Coverage of key topics throughout the AI Summit to support
CDAOs
CDAOs are navigating uncertainty, but they don't have to do it
alone. Blend brings the right experts and clients together to share
mission-critical knowledge with today's data leaders. Content is a
key channel through which Blend and DataIQ will continue to support
CDAOs on topics ranging from Scaling AI to Business
Transformation.
Blend kicked off this initiative with two highly engaging
sessions at the DataIQ 100 Summit in Miami.
Keynote Session
Ozgur Dogan,
President of Solutions and Service Lines at Blend, joined
John Lee, Chief Data Officer at
NBCUniversal, to present "AI at Scale: Building Out an
Enterprise-Grade Approach to GenA." This session covered the
strategic planning, team assembly, and executive commitment
required to successfully scale generative AI beyond
proof-of-concept experiments.
Panel Discussion
Rob Fuller, SVP
of Technology at Blend, moderated an insightful panel on "Gen AI -
How to Lead Business Transformation." The discussion featured
industry leaders from Delek, Credit Suisse, T-Mobile, and
Destination Canada, exploring the potential of Gen AI to transform
business performance, drive innovation, and deliver significant
business value.
"We're finding that there is a real appetite
amongst Data and AI Leaders in North
America to connect, learn from, and help each other,
especially around the adoption of responsible AI at scale," says
Susan Feigenbaum, SVP of
North America, DataIQ.
"The DataIQ 100 Summit and AI Awards in Miami added the important ingredient of
recognition to demonstrate the value to their businesses. This
helps raise investment and attract talent. Introducing expert
partners like Blend to the mix that integrate cutting-edge
technology with proven experts able to share success stories, and
accelerate scale up, really does make it a winning combination for
our members. We're delighted that Blend has extended its
partnership with DataIQ".
Recognition and Awards
Blend360's commitment to excellence was recognized with two
prestigious awards at the DataIQ AI Awards Gala Dinner:
- AI-Enabling Solution of the Year: This award
acknowledges our innovative solutions that empower businesses to
harness the full potential of AI, driving transformative outcomes
across various industries.
- Best Place to Work in AI and Data – Vendor Side: This
accolade celebrates our dedication to creating an exceptional
workplace for AI and data professionals, fostering a culture of
innovation and growth.
These awards underscore Blend's position as a leader in the AI
and data space, reflecting our commitment to delivering
cutting-edge solutions and nurturing top talent in the
industry.
"We at Blend are very excited to expand our
Global Partnership with DataIQ.
The DataIQ team and community are leading the
world in best of breed Data, Analytics and AI thinking and
solutions. Going beyond the strategy on paper and actively
delivering high value solutions that drive meaningful impact for
their respective brands and we are proud to be a part of that
community"- Adam Mincham, Head of GTM, Blend
Digging deeper on key topics: The Critical 7 –
Challenges in Scaling AI
As an extension of the Blend Keynote following the DataIQ 100
Summit, Blend is digging deeper on the seven critical challenges
that organizations face when scaling AI initiatives. Our unique
perspective on these challenges is based on extensive experience
working with Fortune500 companies across various industries:
- AI Talent Shortage
The rapid adoption of AI technologies has created a significant
talent gap, with executives forecasting that almost half their
teams will need to reskill in the next three years.1 To
address this, we recommend a multi-faceted approach including
upskilling existing employees, fostering partnerships with
educational institutions, and implementing innovative talent
acquisition strategies. Organizations that successfully bridge this
gap can expect an increase in productivity and overall
performance.
- Lack of Strong Data Foundation
Research shows that 62% of companies struggle to change
organizational behaviors towards data-driven
decision-making.2 We advocate for building comprehensive
data strategies, investing in data literacy programs, and
establishing robust data governance practices to create strong
foundations for AI initiatives.
- Technical Challenges
Scaling AI involves complex technical hurdles, from data management
to model performance and infrastructure requirements. Our MLOps
services blend creative data science with trusted engineering to
overcome these challenges, ensuring seamless AI deployment and
scalability.
- Speed of Innovation
The AI field is evolving rapidly, requiring organizations to adapt
quickly. We emphasize the importance of agile development practices
and continuous learning to compete in this fast-paced
environment.
- Failure to Integrate with Business
Strategies
Many organizations implement AI in silos, missing opportunities to
align with core business objectives. Our approach focuses on
identifying high-impact use cases and fostering cross-functional
collaboration to ensure AI initiatives drive tangible business
value.
- Change Management
With 40% of CDAOs struggling with employee adoption of new
initiatives, effective change management is crucial.2 We
support leaders in driving organizational transformation and
fostering data-driven cultures essential for successful AI
adoption.
- Trust
Building trust in AI systems is fundamental to their successful
adoption. We prioritize responsible AI practices, transparent
communication, and strategic use-case selection to build confidence
in AI solutions across organizations.
Blend's committed to solving big challenges by blending people
with AI, ensuring our clients are at the center of every solution,
and fostering a culture of innovation and teamwork. Through our
expanded partnership with DataIQ and our continued focus on
addressing the critical challenges in AI scaling, we are poised to
drive significant advancements in the data and AI landscape.
Sources
- World Economic Forum, "Why we must bridge the skills gap
to harness the power of AI"
- AWS, "CDO Agenda 2024: Navigating Data and Generative AI
Frontiers"
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