At WAES, we bring the knowledge and practical experience to guide businesses through these shifts, ensuring that AI works in alignment with organizational goals. This article introduces five foundational AI topics - Data Science, Generative AI, Large Language Models (LLMs), Deep Learning, and MLOps - to demonstrate how these technologies can help shape effective and future-ready IT strategies.
1. Data Science: Turning data into actionable insights
Data science is the bedrock of AI, transforming raw data into actionable insights. For companies in sectors like energy, finance, and retail, leveraging data science means gaining a competitive edge by making data-driven decisions that optimize operations and reduce costs. For instance, data science can play a pivotal role in the energy transition by analyzing historical and real-time energy consumption data, which helps predict and balance energy demands. For businesses aiming to meet sustainability targets, data science enables them to model their energy use and identify potential efficiency improvements.
In practical terms, data science empowers organizations like Shell or ASML to spot trends and uncover insights that support better planning and operational strategies—essential steps for companies navigating the complex demands of today’s markets.