Partners' Research

One of the main themes from this year’s insight is the expectation that technology integration will provide holistic solutions in areas including the integration of environmental sensors into a video-centric artificial intelligence of things (AIoT) solution to the addition of automatic number-plate recognition (ANPR) systems to smart city platforms.

The eight areas below will be important flashpoints for debate and discussion in 2023:

• Integration of environmental sensors into a video-centric AIoT solution
• Sustainability in the security industry
• FCC new Secure Equipment Act of 2021 legislation
• Video surveillance installed base exceeds 1.1 billion cameras in 2022
• The competitive environment of AI chips
• Integration of ANPR systems with smart city platforms
• Video surveillance affecting future growth of intruder alarm market
• Access control and proptech platforms

Calm may seem like an odd place to turn when wanting to become more productive. But as you invest in calm, I think you’ll find what we did: that the benefits are so profound that you never want to give them up.

This report will describe a set of best practices throughout the AI lifecycle, from planning, development and deployment to ongoing monitoring of AI models to ensure the responsible, ethical and fair use of AI. Businesses have to be proactive in developing a strong foundation for responsible AI. Otherwise, they will risk having to take AI implementations offline or suffer costly remediation that will be detrimental to their return on investment.

Practical quantum computing is often quoted as being ten years away, but financial services is one of the sectors already demonstrating benefits from its early adoption.

Quantum computing use cases for financial organizations involve solving complex problems that have too many variables for classical computers to be able to return a result on a realistic timescale. These include making accurate predictions of markets, predicting trading signals in financial markets, calculating credit-decision outcomes, portfolio optimization, risk mitigation and identifying fraudulent activity.

Current quantum computers have a limited number of qubits – a measure of quantum computing power – are unwieldy and expensive, and existing code libraries are limited. Other barriers to adoption include a skills gap, poor return on investment and a limited supporting ecosystem.

To get around this, most businesses access quantum computing resources from major quantum computing suppliers via the cloud and work in partnership with vendors to develop algorithms. There are four main types of quantum processors. Of these, trapped ion technology has been demonstrated in risk management scenarios, and annealing quantum computers for simulation, fraud management and customer loyalty use cases, among others. However, it is unclear which technology will prove best across the board for financial services in the long term!

Recently, the federal government has made a generational investment into American infrastructure. Besides the monetary amount being unprecedented, the federal government has built an incredible amount of flexibility into its legislation, entrusting local governments to spend their allotments as they wish. As communities consider where to direct their allocations, there are ways officials can stretch funding further—such as through collaboration and by learning about the ways other communities are approaching the challenge.

Let's pretend the government created a new department whose sole purpose was to keep leaders up to date on what's around the corner. Let's pretend they were interested in getting out ahead of change so protective guard rails could be devised, debated, refined and instituted before-the-fact. Take social media for example. Imagine having the conversation we're having today in 1997, before Facebook and Twitter grew unstoppable. Now imagine enacting safeguards today against the potential dangers of nanotechnology, robotics, space flight and other disruptors - rather than after the train has left the station. Imagine using foresight to "pre-dapt" before the emergency is upon us.

Read this article to read about the 4 practical measures the government can act on today to head-off further economic duress caused by the pandemic shutdown. 

General counsel and chief legal officers must do more work in-house without the benefit of more staff, legal leaders say as they navigate what’s shaping up to be a challenging 2023.

Using legal technology will be central to legal leaders’ success. That means getting buy-in from their team but also from others, including the sales team. Only if the technology is set up to be as self-serve as possible can legal chiefs and their team do the high-value work that can add value to their organization.

A legal operations professional can help here. Having someone who knows technology, processes and people can help legal leaders get the right technology implemented in the right way.

For most in-house operations, contract lifecycle management is the technology that can provide the most bang for the buck. By speeding up sales contract processing, revenue can flow in more quickly, providing concrete help to the organization’s bottom line.

To help in-house leaders get ideas for thriving this year, Legal Dive has compiled its 2023 outlook coverage. The pieces share how GCs and CLOs are positioning their team to respond to this year’s economic uncertainty. We hope you find the selection useful.

In this environment, financing and building apartments will become a lot more difficult. Operators will look to control expenses and boost retention, while architects will work to design properties that appeal to current and potential residents.

Here, Multifamily Dive looks ahead to how industry leaders plan to tackle the volatile year ahead.