Software MindSET #19

For Companies That Use LLMs, Shadow AI is the new Threat   

Summer is in full swing, and we here at Software Mind hope you have some time off. Holidays or not, AI adoption remains a prominent topic in the tech industry, as confirmed in a survey by Gartner featured in this newsletter. But with the rise of generative AI (GenAI) usage comes threats like Shadow AI and other AI-related challenges. This month we’re exploring some aspects of Shadow AI and its impact on organizations.  

RECOMMENDED ARTICLES:

The rising risk of Shadow AI | (by Catalin Arghiroiu)           

Shadow AI – the unauthorized and uncontrolled adoption of AI tools by employees – creates a significant risk that organizations must address.  How can Shadow AI negatively impact your operations? What are practical ways to prevent your team from developing harmful AI habits? Read more

Data streams – the lifeblood of modern businesses | (by Ravi Saini) 

A data management strategy is essential for ensuring that key processes in your organization run smoothly. However, optimizing data streams goes beyond maintaining system stability – effective data management can also result in cost efficiency and enhanced security. What are the best practices for data stream maintenance and optimization? Read more

INDUSTRY INSIGHTS:

AI's impact in the next three years | Survey      

A survey conducted by Gartner found that 62% of CFOs and 58% of CEOs believe that AI will have the most significant impact on their industries within the next three years. The growing popularity of AI is one of many upcoming trends the survey participants underlined in their answers. What else was highlighted? Explore more

Will GenAI enhance ERP systems? | Podcast      

Enterprise resource planning (ERP) systems have been the backbone of various businesses for years. With generative AI emerging as a productivity booster, stakeholders are trying to figure out if the generation of AI can enhance ERP systems. Forrester’s "What it Means" podcast attempts to answer that question in this episode. Listen more

ONE LAST THING:

From Asimov to Hawking, great minds had different visions of how AI can impact humanity. However, in reality, generative AI serves as a tool to enhance companies' growth and productivity. Like many other tools, we should integrate it into our daily routines and companies' workflows. Nothing more, nothing less.    

Check our blog for more in-depth articles, insights and reports. 

About Software Mind 

Software Mind engineers software that reimagines tomorrow, by providing companies with autonomous development teams who manage software life cycles from ideation to release and beyond. For over 20 years we’ve been enriching organizations with the talent they need to boost scalability, drive dynamic growth and bring disruptive ideas to life. Our top-notch engineering teams combine ownership with leading technologies, including cloud, AI and data science to accelerate digital transformations and boost software delivery.