Omni Means "All"

This week our focus is on J.P. Morgan and Chase Business Solutions. Established in 1871, this reputable company has been applying Artificial Intelligence (AI) and Machine Learning (ML) successfully for years now to detect fraud and create other kinds of data driven value for clients and customers. Given the early success, and the rapid AI-driven advantages at large tech companies, the firm made a crucial decision to integrate and design its own world-class platform to apply AI/ML at speed and scale.  

The platform, OmniAI, is a major in-house innovation for the company that streamlines data preparation and accelerates AI deployment. Omni was built in the cloud, making it fundamentally more flexible. It brings benefits to clients and customers and solves problems for the firm's data scientists. Previously, data scientists spent 60% of their time on data preparation, only allowing for a handful of projects to be accomplished within a limited timeframe. Within a year of Omni being introduced it has successfully supported hundreds of projects, providing faster, more accurate insights and enhanced decision making on a scale.  

OmniAI is a product of the firm’s unique culture of innovation and partnership that represents a major step forward for technology.  

Business Quote

“Go as far as you can see; When you get there, you’ll be able to see further.” - J.P. Morgan  

This quote reinforces that we are only on the tip of what AI has to offer. Its scale is unimaginable to the human based theories, and it will grow the further we divulge into this technology. Morgan’s dedication to efficiency and modernization of the financial industry would be delighted to see the ever-evolving changes in his company he worked his life to build.  

Business News

1. Corporate News from J.P. Morgan

2. AI in Banking: JP Morgan Leads the AI Sphere - CTO Magazine

3. JPMorgan’s CIO Has Championed A Data Platform That Turbocharges AI

Business Lesson from J.P. Morgan

AI driven market-adaptation is revolutionizing business agility, enabling companies to navigate complexity with unprecedented speed and precision.

Book Recommendation

This complexly engaging read covers topics on how AI is making faster, better decisions to automating rote work to enabling robots to respond to emotions, AI and machine learning are already reshaping business and society.  

Aritficial Intelligence: The Insights You Need from Harvard Business Review by Thomas H. Davenport, Erik Brynjolfsson, Andrew McAfee, H. James Wilson