Fixing Patches ASAP:

Small to mid-sized manufacturers had their systems hacked because systems had no security patches. For example, one of them had their Accounts Payable systems hacked. This allowed hackers to redirect money to their offshore accounts.

Even the city of Helsinki, Finland suffered a data breach because hackers exploited an unpatched vulnerability in their server.

Some security and IT departments are not aligned on patching strategies or patching cycles. The majority of the breaches had patches available but not applied on time.

Thanks to AI driven patch management delivers real-time risk assessment guiding IT and security departments. This will allow both departments to update their patches ASAP.

Helping Construction Companies manage their data

Construction Companies have difficulty managing and processing their vast documents. They also deal with a chance of mismanaging their docs, which would lead to a delay in their project completion date.

A company called Trunk Tools which is founded by former carpenter Sarah Buchner takes files such as PDFs, spreadsheets, and answers questions about these files.  

For example, prompting the chatbot “What type of power outlets are in the art studio?”,  This gives the construction professional ease of access to their information. Hence, saving them time and allowing them to prioritize other tasks.

My Opinion:

These types of applications that ask users to upload their data and offer chatbot-like interfaces Will help users understand and find patterns in their data. Making their processes more efficient is what I believe will gain traction in the upcoming years.

Upcoming Trends to watch

• AWS CEO stated developers will be more focused on user experience rather than coding. A key point to watch is how much of the coding process will be automated in the future.

• Last week Microsoft released Phi-3.5. These smaller models need to be capable in order for it to advance towards mobile.

• Companies often release their AI features later in Europe due to the region's strict regulations. This lead Daniel Ek and Mark Zuckerberg to send a letter asking them to reconsider their approach towards AI and fully utilize their large amounts of open source developers.