AI & Machine Learning for Small Business

About the Presentation

The Department for Innovation and Skills hosted a free virtual training event for small business owners as part of the Limestone Coast Regional Innovation Festival. IVAI was invited to speak about AI and machine learning and provide examples of how these technologies are already being applied in South Australian businesses.

Presentation Overview

• What exactly is artificial intelligence and machine learning? [3:00]

• What can AI do? [4:18]

• How can AI be used to increase tourism on the Limestone Coast? [6:10]

• How can AI be used in the Timber and Forestry industry? [10:47]

• How can AI be used in the Livestock and Food industry? [17:37]

• IVAI's Case Study: "Project Velograph: Working to Make Roads Safer" [20:24]

The presentation concluded with a panel discussion alongside Dr Kathy Nicholson from the Australian Institute for Machine Learning. The session was facilitated by David Rush who is the Deputy Director of High-Tech industries at the Department for Innovation and Skills. The discussion addressed the following questions:

• What is the difference between artificial intelligence and machine learning? [32:42]

• What are the first steps a company might take to adopt AI technologies? [34:50]

• How can people engage with the Australian Institute for Machine Learning? [36:22]

• Could you provide an example of a project the Australian Institute for Machine Learning has worked on? [37:34]

• Most people believe artificial intelligence and machine learning are very expensive concepts that are hard to implement, especially due to the need for highly skilled professionals. Could you share a simple way for small companies to start? [39:42]

• What kind of business data should I be collecting now in order to implement these technologies in the future? [42:09]

• Data is a fundamental requirement for AI, but what are some other barriers businesses encounter?[44:44]

• How ready are South Australian businesses to adopt AI technologies? [45:55]

• What are some of the emerging opportunities at a sectoral level?[48:12]

• What excites you most about working in this field? [51:15]

Interested in learning more?

Let us help you adopt artificial intelligence capability. Our highly experienced team will work with you to understand your business objectives and develop the best digital transformation solutions for your organisation. We can implement end-to-end AI solutions quickly and effectively using bespoke or industry-standard platforms such as Amazon Web Services, Microsoft Azure or Google Cloud Services. We can also tailor education courses to suit the specific needs of your organisation or workgroup. Email us at contactus at ivai.com.au to discuss your specific requirements.