AI could help reduce Europe’s water losses
Europe loses around 23% of its treated water before it ever reaches consumers. The main reason is outdated and leaky pipelines. With droughts becoming more frequent, these losses are making water shortages worse and driving up costs.
Opportunities for Europe’s tech giants in AI
Europe’s established technology companies are emerging as unexpected winners of the AI boom. This challenges the assumption that start-ups developing AI models would capture most of the value.
Strong Data Management key to AI success
There is an increasing gap between the hype surrounding artificial intelligence and the actual benefits it delivers for businesses. Studies indicate that up to 95% of AI pilot projects fail, primarily due to weak data strategies and insufficient foundations.
AI is not a bubble, but a technological change
The existence of an AI bubble is possible. If so, however, it has been created primarily by exaggerated expectations and hype, not by the technology itself.
AI faces the same data hurdles as Big Data
Companies are still struggling with the same data challenges that emerged during the Big Data era. Despite AI’s huge potential, its success still depends on transforming vast, scattered, and often inconsistent data sources into unified, AI-ready formats.