Nicholas DeNittis
Nick DeNittis writes and edits AI industry trends and use-cases for Emerj's editorial and client content. Nick holds an MS in Management from Troy University and has earned several professional analytics certificates, including from the Wharton School.
Articles by Nicholas
17 articles
Insurers have been long aware of the perfect storm of converging market trends pointing to the permanency of digital disruption and change. Yet, the industry – especially the big players – always seemed to move their collective house further away from the shoreline.
DHL is a German logistics company that offers parcel delivery, express mail, freight forwarding, and third-party logistics. Its parent company is Deutsche Post (‘DPDHL’), the world’s largest logistics enterprise, operating in over 220 countries and employing more than 510,000 people worldwide.
Like many other economic and industrial sectors, AI is beginning to transform operations across life sciences. In a 2021 survey of life science organizations published by the International Data Corporation (IDC), respondents cited a 65% average increase in AI spending in their organizations over the next year.
ExxonMobil is the largest investor-owned company in the world and the largest oil company by revenue in the Western world.
The en masse shift to online shopping that transpired during and post-COVID appears as if it's destined to last. According to the Brookings Institute, one third of US adults have used delivery apps to order from a restaurant or store in the last year.
It is exceptionally difficult to get started, much less succeed, in AI adoption if one does not have at least a foundational education, particularly in those “modules” pertaining to AI capabilities, requirements, and organizational readiness. A business wanting to implement AI must understand the current state of adoption and how this current state matches up against AI readiness requirements.
The main difficulty in starting with AI is knowing exactly where to begin. As we will elaborate in this article, there are many exaggerated and misleading claims about the various types of AI technology. Moreover, some executives are too trigger-happy, wanting or needing to integrate AI into their enterprise sans a foundational education or understanding of the challenges.
What does developing an AI strategy look like? Most executives openly embrace the technology and the automation possibilities within their organization. They may just need a bit of help getting started.
It is not hyperbolic to state that the autoregressive language model known as GPT-3 (short for ‘Generative Pre-trained Transformer 3’) is an unparalleled evolutionary step in content creation. In fact, the potential outputs the model can produce are so advanced that many academics have cited GPT-3 as Exhibit A in calling universities to reconsider what constitutes academic plagiarism.
Actionable, decision-augmenting data can be obtained internally or externally. Of course, external data is a far richer and more diverse source, as it comprises every other piece of digital information outside of the four walls of an enterprise.
Twitter is an American communications company based in San Francisco, California, best known for the microblogging and social networking site of the same name. As of January 2022, the company had over 229 million daily active users.
Chevron is the second largest producer of oil in the United States (Exxon Mobil). The company is traded on the NYSE (symbol: CVX) and has a market capitalization of approximately $322 billion.
The importance of AI in the pharmaceutical space has grown exponentially over the last few years, spearheaded by global demand for a COVID vaccine at the pandemic’s apex. Moreover, AI has proven helpful throughout the pandemic, all while providing glimpses into the future promise of the technology.
Abbott Laboratories (NYSE symbol: ABT) is an American multinational healthcare and medical devices company based in Abbott Park, Illinois. Known for its medical device and pharmaceutical products, the company reported net sales of $43.1 billion in 2021.
As AI automation (aka, “intelligent automation,” or IA) in financial services quickly becomes mainstream, it attracts increased stakeholder interest as firms explore the possibility of unlocking value via increased efficiency, cost reduction, and enhanced predictive capabilities.
Dow Chemical (NYSE symbol: DOW) is the largest chemical manufacturing company in the United States, the third largest in the world, and has a market cap of $38.2 billion.
Federal Express, or simply ‘FedEx,’ is an American multinational conglomerate shipping and logistics company founded and based in Memphis, Tennessee. The company is perhaps best known for its flagship FedEx Express service, which the company claims “invested express transportation.”