Clover Infotech brings to you a curated round-up of important technology updates for the month of May’24:
#2 Microsoft and LinkedIn release the 2024 Work Trend Index on the state of AI at work
Microsoft Corp. and LinkedIn released the 2024 Work Trend Index, a joint report on the state of AI at work titled, “AI at work is here. Now comes the hard part.” The research — based on a survey of 31,000 people across 31 countries, labor and hiring trends on LinkedIn, trillions of Microsoft 365 productivity signals, and research with Fortune 500 customers — shows how, just one year in, AI is influencing the way people work…CONTINUE READING
#3 Oracle Code Assist Can Help Developers Build Applications Faster with AI
Oracle announced plans for Oracle Code Assist, an AI code companion, to help developers boost velocity and enhance code consistency. Powered by large language models (LLMs) running on Oracle Cloud Infrastructure (OCI) and optimized for Java, SQL, and application development on OCI, Oracle Code Assist is planned to assist developers…CONTINUE READING
#4 Gartner Survey shows AI-Enhanced Malicious Attacks are a New Top Emerging Risk for Enterprises
Concern about artificial intelligence (AI)-enhanced malicious attacks ascended to the top of the Gartner emerging risk rankings in the first quarter of 2024, according to Gartner, Inc. “The prospect of malicious actions enabled by AI-assisted tools is concerning risk leaders worldwide,” said Gamika Takkar, director, research in the Gartner Risk & Audit Practice…CONTINUE READING
Sixty-two percent of CEO’s selected growth as their top business priority in 2024, according to a new survey by Gartner, Inc. This is the highest level since 2014, and an increase from last year’s survey where 49% of CEOs said their top business priority was growth.…CONTINUE READING
New solution within Oracle Cloud HCM helps leadership teams maximize talent potential and align upskilling with business priorities. Oracle announced a new AI-powered upskilling solution within Oracle Grow, part of the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM)…CONTINUE READING
#7 India’s Real GDP Growth projected at 7% in FY25: RBI Annual Report
Indian economy is expected to grow at 7% in the current fiscal year, the Reserve Bank of India (RBI) said in its annual report released on Thursday. The Indian economy expanded at a robust pace in FY24 with real GDP growth accelerating to 7.6% from 7.0% in the previous year – the third successive year of 7% or above growth, RBI said…CONTINUE READING
#8 GenAI May Help Indian Workers Save 51 Million Hours a Week by 2026: Pearson Study
Generative artificial intelligence (GenAI) has the potential to help Indian workers save 51 million hours a week by 2026, a study by learning company Pearson has said. Generative AI can boost workplace productivity by helping workers deal with their routine and repetitive tasks that often take up their day and lead to burnout, according to the latest instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’…CONTINUE READING
