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In the technology age, we are seeing dramatic shifts in the way companies run their businesses. Never before have we witnessed such incredible leaps forward, and with a rapidly evolving technological landscape, it is now as important as ever to stay on the bleeding edge. Among these technologies, artificial intelligence (AI), or “cognitive technologies,” are now being used across large and small businesses to increase productivity, efficiency, and accuracy, while providing customers with a better…

What is Innovation? Innovation is a buzzword that is thrown around in all types of organizations, from businesses to educational institutions, to government bodies. Even schools’ parent-teacher groups are required to “innovate”. However, many misunderstand the word innovation for creation or invention. A quick search shows innovation actually stems from the Latin word innovationem, which means restoration or renewal. To innovate means to take previously discovered ideas and theories and apply them in novel ways to solve problems. There…