MIT SMR Connections - AI in Cloud-Based Applications for Business Optimization

MIT SMR Connections

23rd October 2024 | Hilton Dubai Palm Jumeirah | UAE

 

AI in Cloud-Based Applications for Business Optimization

 

MIT SMR CONNECTIONS


At MIT SMR Connections, we explore the latest trends in leadership, managing technology, and digital transformation.

 

ABOUT THE BOARDROOM

An initiative by MIT Sloan Management Review Middle East in association with Oracle.

Designed to engage technology and industry leaders who have revolutionized their brands through innovative digital strategies. Bringing together a select group of professionals with diverse experiences and domain expertise, this exclusive closed-door session will foster open discussions on enhancing customer experiences and driving business transformation through technology. 

The gathering aims to create a peer-exchange community, where leaders share insights, ideas, and best practices, resulting in a stronger strategic roadmap for organizations.

ABOUT THIS EDITION

Cloud computing has become an essential component for businesses, offering scalable storage solutions for vast data volumes. However, as data grows, so do the associated costs. 

The strategic approach is utilizing artificial intelligence (AI) to optimize costs while improving overall efficiency.

AI offers significant benefits to cloud applications beyond cost savings, including reducing human error, automating tasks, and providing enhanced insights and personalized recommendations. Organizations across sectors such as marketing, finance, retail, pharmaceuticals, and sales are adopting AI to boost productivity, improve decision-making, and streamline operations.

With next-generation cloud infrastructures specifically designed for AI integration, businesses can quickly implement these capabilities to automate end-to-end processes and reduce operational expenses. 

AI in cloud applications introduces smart guardrails to ensure the accuracy and appropriateness of outputs, giving businesses control over how these outputs are used to create value. Besides cloud, the technology offers multiple benefits to businesses in the form of generative AI. 

Specialized generative AI models can be trained on an organization’s own corporate data, which enables them to collaborate with knowledge workers to dramatically boost productivity. Owing to the way they mimic the human neural networks, businesses now have access to models that appear to create surprisingly like humans do. The ability to experiment is fast tracking innovation in generative AI as entrepreneurs and investors are launching new business ideas to build upon it.  

Agenda

05:30 PM
Welcome & Networking
06:20 PM
Welcome Address by Publisher, MIT SMR Middle East
06:25 PM
Opening Remarks by Oracle
06:30 PM
Brainstorming Session
  • Challenges business face when integrating AI into their cloud computing strategies
  • Addressing issues related to integration of AI with the existing cloud infrastructure
  • Can AI enhance the effectiveness of decision - making processes in cloud -based applications?
07:20 PM
Recap of Key Takeaways
07:30 PM
End of sessions followed by Dinner

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Venue

Hilton Dubai Palm Jumeirah

Dubai UAE