itb-au logo
Story image

How AI can facilitate a changing workforce

04 Oct 2018

Australia’s workforce continues to skew younger as Millennials replace retiring Baby Boomers. As these older workers retire, they take with them knowledge, skills, and experience. This widening gap can be closed with technologies such as artificial intelligence (AI). 

Nicholas Delaveris, alliance and partner manager M-Files A/NZ, said, “Older workers were used to keeping vast amounts of information in their head. As they moved into the digital era, they retained this skill, understanding how to access volumes of unstructured information scattered around various locations. While Millennials come to the workforce already highly digitally-savvy, they don’t necessarily have the required context to access information as readily as their older colleagues.

“Furthermore, as Millennials tend to be more mobile within the workforce, changing jobs more frequently than Baby Boomers, it’s difficult to maintain continuity when it comes to context and information. This challenge is only exacerbated by the rapidly-increasing rate at which information is generated. The solution is to apply AI, which can help quickly overcome these challenges.”

According to Gartner, 85% of corporate data sits outside of databases and workflows, making it potentially difficult to find unless the searcher has a depth of expertise and context that lets them connect to that unstructured data.  

M-Files has isolated three key ways in which AI can overcome the contextual and experience gap that could make it difficult for Millennials to access this unstructured information:

Logical assistance

AI can prioritise document requests based on need, business relevance, and the role of the person making the request. These contextual cues might not be known by less-experienced employees, so AI can streamline the prioritisation process and prevent duplication of data, documents, and work. 

Contextual understanding

AI can understand which document is being requested and what short-term and long-term steps are needed for any related action to be completed. This includes providing a comprehensive explanation for critical document changes, conducting intelligent personalised searches, and distinguishing between search and discover. 

Meaning 

AI can help newer workers identify data that’s important or meaningful from among masses of unstructured information, then act accordingly. This kind of intelligence can streamline decision-making and drive the organisation’s direction.

Delaveris concludes, “Technology, even AI, can’t replace human insight but it can help bridge the gap that starts to emerge as Baby Boomers leave organisations. AI can be the glue that ties information together and keeps processes and knowledge intact as the workforce transitions toward younger workers.”

   

Story image
ECI Software Solutions acquired by Leonard Green & Partners
"We are excited to welcome LGP as our new partner, and I am confident that this is the right choice for our future – and the future of our 1,700 employees and more than 22,000 customers.”More
Story image
Nutanix brings Matt Maw onboard in new role of A/NZ head of tech strategy
The appointment and new role follows the expansion of the Nutanix A/NZ business in the fourth quarter of 2020, where it experienced 18% team growth, 13% customer acquisition growth, and a 14% rise in new partners.More
Story image
How to keep office equipment safe in the COVID-19 era
In addition to basic hygiene procedures like mandating the use of hand sanitiser and encouraging the use of masks, organisations can minimise the risk of cross-contamination and infection when employees are using shared devices.More
Story image
The cybersecurity risks that come with re-onshoring Australian manufacturing
As technology such as IoT, robotic process automation (RPA) and artificial intelligence (AI) reshapes the manufacturing landscape, organisations are simultaneously put at an increased risk of a cyberattack.More
Story image
Data mastery the difference between success and failure, report finds
"A mindset change is needed - leaders must accept and embrace an agile culture of experimentation if they are to achieve data activation.”More
Story image
BlackLine enhances support for finance and accounting teams
“The global pandemic is bringing to the forefront what we’ve seen for years.  Traditional manual accounting processes are not sustainable."More