There is a lot of interest in and enthusiasm around artificial intelligence, or AI, as AI-related technologies are expected to introduce new solutions to multiple business problems, having a significant impact on various industries and business landscapes.
The rapid development of AI-based technologies means that companies are forced to react quickly. Business leaders and decision-makers need to understand how AI relates to their specific business and how it can be used to create genuine added value.In order to succeed in value creation and in building competitive edge with AI, it must be placed at the core of a company's service or product and business leaders must receive reliable information to support their decision-making and management.
"Apart from a minority of technological experts, most business practitioners still lack a deeper understanding of artificial intelligence. Out of 100 business leaders I have met this year, 90 are still seeking an understanding of what AI means, what the opportunities are, and what direction the company should take in its artificial intelligence development," says Dr. Seppo Kuula, Managing Director, Services at Silo AI.
However, AI-based technologies are developing so rapidly that staying ahead of the curveis challenging. Companies face difficulties in assessing what information is reliable and relevant. The "AI hype" polarizes the public debate and creates confusion on where value creation with AI is, and eventually will be, happening.
"When considering Finland's long-term competitiveness, the most important question is how artificial intelligence-based technologies are used commercially, either as part of a product or service to be sold or in their sale and production," says Business Unit Director Jonni Junkkari from Aalto EE.
"As Europe's leading artificial intelligence company, we have a responsibility to expand artificial intelligence expertise. It is one of the most central challenges to be solved, through which Finnish and European companies will find business opportunities in artificial intelligence and remain competitive in this time of monumental change", says Kuula.
Training program combining researched knowledge and practical experience of business needs
Aalto EE and Silo AI are bringing reliable, science-backed knowledge combined with years of practical experience in placing AI at the core of products and services in multiple industries to business leaders and executives by offering a variety of training programs and events.
A crucial part of the collaboration between the two is a new training program aimed at business leaders and decision-makers, starting in early 2024, which will prepare leaders to navigate the “AI hype”.
The aim of the training program is to increase managers' understanding of exactly these issues and share science-based but practical information about artificial intelligence that can be applied to companies' business operations.
The AI for Leaders and Decision-Makers program consists of five modules and is implemented in a hybrid format. The first half-year implementation will begin in January 2024.
The training program offers participants a broad understanding of artificial intelligence-based technologies, how they should be utilized in digital products and services and applied to companies' business operations The program also covers organizational changes required by rapid technological development.
The participation of Aalto EE, a company owned by Aalto University, helps ensure that education is based on research. Silo AI, which helps companies utilize artificial intelligence-based technologies in their business, in turn brings additional hands-on approach and practical experience to the program.
The instructors of the program consist of world-class AI experts, both researchers from Aalto University and experts from Silo AI. Read more about the program here.
Further information and interview requests
Communication Manager, Aalto EE
Phone +358 50 447 1264
Aalto University Executive Education and Professional Development
Aalto University Executive Education and Professional Development (Aalto EE) offers impactful education, development, and training services. Aalto EE combines a wide range of practical expertise with the latest research from Aalto University. We aim to provide a sustainable platform for lifewide learning at different stages of a career. Furthermore, we operate as a strategic partner for organizations, enabling renewal in a rapidly changing business environment. Our unique portfolio of programs offers concrete solutions, intellectual capital, and professional head start for both individuals and organizations.
Aalto EE has two strongholds: our main office and learning facilities are in Helsinki, while our operations in Asia-Pacific are led from Singapore. In addition to Finland and Singapore, Aalto EE offers education programs worldwide. As a part of Aalto University, it holds three most respected business university accreditations – AACSB, AMBA, and EQUIS – which places it among the top 1% of institutions in the world.