"Rajat Kotra from Informa Tech on Crafting a Successful AI Initiative"

Rajat Kotra, Group Director of Data Analytics Management at Informa Tech, shares insights on advancing AI initiatives effectively. He highlights the impact of Informa's IIRIS Analytics, a powerful business intelligence software designed to aggregate data from various events.

Kotra emphasizes the establishment of a new AI Center of Excellence, which serves as a hub for innovation and expertise. This center aims to enhance the adoption and integration of AI technologies within organizations, helping them to leverage their data more effectively.

A key focus of Kotra's discussion revolves around the growing trend of organizations deriving significant value from small language models. These models, developed from existing large models, can be fine-tuned using company-specific datasets and tailored use cases. This approach not only boosts efficiency but also maximizes the relevance of AI solutions in addressing unique business challenges.

Through these initiatives, Kotra encourages organizations to embrace AI as a strategic asset. By investing in customized models and fostering a culture of data-driven decision-making, businesses can unlock new opportunities and drive growth in an increasingly competitive landscape. The exploration of these methodologies signifies a transformative shift towards more intelligent, data-oriented operations.

In summary, Rajat Kotra’s insights underscore the importance of strategic AI initiatives, the role of tailored solutions in leveraging data, and the potential for organizations to harness the power of AI effectively.