K-Businesscom acquires 100% of artificial intelligence specialist AIMC
K-Businesscom is expanding its digitalization expertise by fully integrating its former subsidiary Advanced Information Management Consulting GmbH (AIMC) and bundling its data science expertise in a new division of its own.
Vienna, April 1, 2019 - Since the beginning of 2019, Advanced Information Management Consulting GmbH (AIMC) has been fully integrated into K-Businesscom. In recent years, the digitalization expert has increasingly focused on the topics of big data, data analytics and artificial intelligence and implemented pioneering projects. In February 2017, the investment in AIMC set the course for this development.
AI and data analytics expertise is bundled in a new department at K-Businesscom. The seven data science specialists at AIMC will bring knowledge to the new team that they have already demonstrated in various projects in the industrial, insurance and healthcare sectors. The core objective of the unit is to increase the efficiency of companies. To this end, the experts translate the information from large, mostly existing volumes of company data and derive recommendations for action. In particular, this involves content analytics, predictive analytics and image analytics.
AI and machine learning: simplifying decision-making processes
"The aim is to demystify the topic of artificial intelligence and machine learning and translate it into profitable applications," says new department head Sinan Tankaz, explaining his task. "For the first time, we now have a dedicated department that pools AI knowledge and can transfer our expertise into specific use cases even faster." In practice, the experts work with customers on very specific issues that can be solved with the help of machine learning. This involves large volumes of data from a wide variety of sources, which are analyzed with the help of algorithms. As a result, anomalies in standard processes suddenly become visible and quantifiable. "In the healthcare sector, for example, this could be interactions between prescribed medications," adds Tankaz. This provides companies with transparency and clarity for measures and decisions.
A wide range of practical examples show the concrete benefits of the technologies. In Austrian industry, predictive quality enables components to be analyzed for their future suitability in practice before they even leave the assembly line. Customer requests are automatically analyzed, understood and the necessary transactions initiated without the need for employee intervention. Cross-selling and recommender systems predict customer wishes and increase sales in online stores and fast food restaurants. Fraud detection models recognize fraud attempts in real time. The use of machine learning in the healthcare sector will revolutionize processes, diagnosis and treatment options.
"There are truly endless application possibilities for AI in everyday life and for our customers. These are often far removed from typical AI associations such as robots or cyborgs. It's about image, text and speech recognition, process optimization, scrap reduction, quality improvement and much more - that's what makes this job so exciting and varied," enthuses Sinan Tankaz.
Sinan Tankaz
Sinan Tankaz (33) has been with K-Businesscom since 2012. As a smart grid expert, he was actively involved in setting up the smart metering business area and was most recently responsible for business development. In his role as assistant to the Executive Board, he also dealt intensively with future topics and trends, including the topic of artificial intelligence, and played a key role in establishing this new business area within K-Businesscom. In April, he will take over the management of the Artificial Intelligence team.
As a leading digitalization partner,K-Businesscom supports companies in increasing their business performance and developing new business models. K-Businesscom acts as a consultant, system supplier and service provider. With its comprehensive expertise in dealing with large amounts of data and security as well as a large number of successful use cases in numerous industries, K-Businesscom is the ideal companion for digital transformation. The extensive portfolio in Austria, Romania and the DACH region includes technology solutions for intelligent and, above all, secure ICT infrastructure, smart building, media and security technology as well as outsourcing services. K-Businesscom relies on vendor independence and partnerships with leading global providers such as HPE, Cisco and Microsoft as well as a broad network of partners from research and industry-specific solution providers - from start-ups to large corporations.
K-Businesscom has over 17,000 customers - e.g. Allianz, Erste Bank, ÖBB, OMV, ORF or Vodafone - and supports them locally and globally. Around 1,200 K-Businesscom employees generated revenue of around EUR 318 million in the 2017/18 financial year.