University of Bedfordshire, Luton Council Launch AI Initiative
University of Bedfordshire, Luton Council Launch AI Initiative

University of Bedfordshire, Luton Council Launch AI Initiative

News summary

A new initiative in Luton aims to support local businesses in AI adoption through workshops and consulting focused on safety, education, and ethics. Designed for both low and higher readiness businesses, the program seeks to empower companies in their AI transformation journeys, enhancing efficiency and customer experience. In parallel, a report reveals that while 91% of UK organizations plan to increase technology investments, financial constraints are hindering effective AI deployment, with many companies relying on existing funds or savings generated by AI itself. Experts emphasize the need for a robust technology management framework to ensure successful integration and prevent reckless spending. Additionally, discussions at EXL's event highlighted the importance of integrating AI with industry-specific workflows to drive business outcomes, showcasing the potential of agentic AI to transform operations. This collective focus on AI readiness and integration underscores the challenges and opportunities facing businesses in the evolving technological landscape.

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