Protiviti Presentation Flashcards
Business Performance Improvement
1) AI-Driven Process Optimisation
2) Predictive Maintenance
3) Data-Driven Solutions
Risk and Compliance
1) Regulatory Compliance Monitoring
2) AI in Fraud Detection and Prevention
3) Risk Assessment Models
Technology Consulting
1) AI Integration and Digital Transformation
2) AI Infrastructure and Cloud Services
Cybersecurity Enhancements:
- AI is a double-edged sword. Cyberattackers now have greater tools to obtain confidential data. Using AI to fortify cybersecurity measures and protect against sophisticated threats.
- (This corresponds with risk & compliance section too I imagine)
Ethical AI Implementation:
Establishing guidelines for ethical AI that enhance trust and transparency with clients (reduction of externalities, bringing ethics into the heart of the solution. AI is exponential, so any mistakes are exponential too).
Maintain Curiosity and Open-Mindedness
- Continuously explore emerging technologies
- Understand opportunities and limitations
- Adopt a growth mindset approach
- Prioritise Employees in the Loop
- Ensure human oversight for accountability
- Design solutions to augment human abilities
- Leverage strengths of both humans and tech
- Commit to Responsible Innovation
- Consider and mitigate risks from early stages
- Develop ethical guardrails aligned to values
- Transparent communication builds trust
- Focus on Creative Problem-Solving
- Leverage diversity of perspectives
1) AI-Driven Process Optimisation
Leveraging AI to streamline operations and improve overall efficiency.
Themes: automating repetitive tasks, freeing up human resources for higher-value work. - Technologies: Generative AI, Large language models /
Small Language Models – allow for fine-tuned domain-specific solutions which lower the risk of generating inaccurate content that limit the applicability of bots like Chat GPT
2) Predictive Maintenance
: Using AI and digital twins to predict equipment failures and schedule timely maintenance, reducing costly downtime and costs.
- Themes: Supply chain optimisation / reduce scope 1 & 2 emissions / forecasting.
3) Data-Driven Solutions
Utilising AI for deep data analysis to provide strategic insights and long-term planning advice.
1) Regulatory Compliance Monitoring
next year is a big one for regulation with AI Act and E. Utilising AI to track and comply with changing regulations, reducing the risk of non-compliance.
2) AI in Fraud Detection and Prevention
Employing AI to identify and prevent fraudulent activities across various sectors. (Banking essentially).
3) Risk Assessment Models
Creating AI models that assess risks in financial, operational, and cyber domains to inform strategic decisions — this can also be combined with digital twins