🤖AI is not just the future—it’s your next customer. In the not-so-distant future there may be 100 AIs per human online If we consider the number of people online — which, according to Statista, is around 5.35 billion — 𝘁𝗵𝗮𝘁’𝘀 𝟱𝟯𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗔𝗜𝘀, each interacting like a human user online (each running on APIs.) The math is simple. API strategies are no longer just about managing human interactions – They’re about preparing for a digital ecosystem driven by AI-to-AI communications. Managing AI usage at the interface level will soon become one of the biggest API management challenges. Developers and business leaders agree—the next 1 to 2 years will be critical for integrating AI into API management. And with this integration comes the responsibility of ensuring security, compliance, and governance on a scale we’ve never seen before. Get your free copy of the 2024 API Impact Report by Kong Inc. https://lnkd.in/gXbPtxyJ #KongPin #APIImpact #BusinessInnovation #TechLeadership #APIEconomy #APIs
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Unleashing the Power of APIs: Insights from the treblle Report API usage is exploding, becoming essential for modern businesses. In 2023, 90% of developers used APIs, with API management growing at 25.1% CAGR. APIs drive 83% of internet traffic, highlighting their role in unlocking potential and driving innovation. According to the "Anatomy of an API: 2023" report, AI API growth surged by 96%, peak API requests occur mid-week, 20% of endpoints are inactive, 51% of requests lack authentication, and client-side errors occur 4x more often than server-side. Businesses must adopt automated observability and governance tools for sustainable growth. #API #TechTrends #DigitalTransformation #Innovation #BusinessGrowth #APISecurity #APIDesign
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We're excited to announce the latest update to Who's Who in Guyana Business (WWIGB) - an AI-powered Virtual Assistant! This innovative tool allows users to get instant answers to frequently asked questions (FAQs) and connect seamlessly with a WWIGB agent for more complex inquiries. With AI at your fingertips, you are on the brink of revolutionizing your business operations and enhancing customer connections like never before! Ready to learn more? Drop a comment below or send us a message! #HoustyDesigns #WWIGB #Innovation #Technology #AI #VirtualAssistant
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🚀HOW DID WE GOT HERE? TECHNOLOGY MATURITY AND THE CONVERGENCE OF TRENDS The concept of AI is not new. While there was excessive optimism over these ideas in the past, the technology couldn’t yet support them. Today we’re witnessing an incredible BOOM in AI as a result of many technological trends converging, namely: 💻A sharp increase in computer capacity 📊An incredible volume of data available to train AI models 💰An exponential decrease in the cost of storing this vast volume of data. Moreover, the significant interest and investment from major players such as Google and Microsoft have also played a crucial role in this technological development. Their commitment to advancing these technologies has accelerated development and application, bringing us to the innovative state we’re experiencing now. 🚀As we move forward, it's essential to acknowledge how these trends have shaped our present and will continue to drive innovation in the future. Don’t miss the full conversation with Joao Jarego here ➡️ https://lnkd.in/gGUh8Hkg #quasinfalivel #newsletter #qinews #qitalks #artificialintelligence #banking #AIbanking #bankingAI #bankinginnovation #AIbot #frauddetection #aialgorithms #aianalytics #processmanagement #softwareprocess #softwaredevelopment #qualityassurance #qualitymanagementsystem #softwareprocessquality #qualitymanagement
HOW DID WE GOT HERE? TECHNOLOGY MATURITY AND THE CONVERGENCE OF TRENDS
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Customers don’t trust businesses as much as businesses think they do – by a margin of 11%. This is what we call the #TrustGap 🕳️ But how can businesses close the divide and bring customers closer? Technology may be the answer. Our research has found that… ▶️ Businesses that use #AI to benefit their customers can halve the gap ▶️ Human-first application of tech can boost trust scores by up to 16% Vodafone Business and LSE Consulting’s #FitForTheFuture report uncovers the trends and insights around technology and their potential for closing the customer trust gap. Discover more here: https://lnkd.in/e96_jHwu #Businesses #Customer #ArtificialIntelligence #Technology #Report #Insights
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At Servicepower, we resonate deeply with Vodafone's insights on the #TrustGap 🕳️. The significant 11% gap in customer trust highlights the urgent need for businesses to rethink their approach in how they engage with and build relationships with their customers. By leveraging technology such as #AI and focusing on a human-first application, businesses can not only bridge this gap but also foster a deeper, more trusting connection with their clientele. We believe that integrating #AI with a human-first mindset can be transformative. AI can analyze vast amounts of data to provide personalized experiences, while human interaction adds empathy and understanding, crucial for building trust. Interestingly, studies have shown that in medical settings, patients often perceive AI-generated responses as more empathetic than those from human providers, suggesting a significant potential for AI to enhance customer relationships across various fields. #Customer #ArtificialIntelligence #Technology
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Is your API Management strategy AI-ready? We know the answers from 50+ IT experts, what about you? ( let me know in comments ) 🚀Join us on June 18th, 2024 for an online panel discussion about the results Research HQ's April 2024 API Management Survey. We gathered thoughts from IT experts and executives on API administration, digital infrastructure, and new tech trends. Save the date: June 18th, 2024 | 10am EDT / 3pm BST 💡 Highlights : -Key goals and challenges: gain insights into the most pressing goals and challenges in digital infrastructure today. -API utilisation: discover how APIs drive operations and strategic goals. Platform usage: explore current API platform usage and areas for improvement. -AI integration: understand the intersection of AI and API management. Expert insights: Budhaditya Bhattacharya from Tyk, Jennifer Riggins and Nicki Watt from OpenCredo will share their perspectives on the research. Don't miss this opportunity to gain cutting-edge insights and network with industry leaders. Reserve your spot now 🔗 - https://lnkd.in/dmERfCCa #ai #api #apitrends2024 #apimanagement #digitaltransformation
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