The following content was originally published by EIN Presswire.
LONDON, UNITED KINGDOM, March 2, 2022 – In a video published on Business Reporter, Wolf Ruzicka, chairman of EastBanc Technologies, explains how businesses can avoid common mistakes that are expensive, waste resources and erode end-user trust when deploying AI systems. Ruzicka explains that in order to deliver meaningful ROI, AI systems must be pervasive, integrated and incremental. When implemented as one all-encompassing initiative, AI often fails to effectively penetrate the legacy areas of the business where critical operational and customer data resides. As a result, these AI systems provide little impact beyond basic functions. Another mistake that companies make, especially those running multiple AI initiatives, is that they fail to ensure the integration of disparate AI systems and therefore create data silos and potentially conflicting insights that can negatively affect operations as well as the customer experience.
According to Ruzicka, the most significant mistake a company can make when deploying AI systems is to outsource its initiative to a single vendor to “overhaul.” Big, top-down AI initiatives are often costly, slow and very risky. Vendors are more likely to choose their own solutions vs. what is truly the best fit in the market for the client company. In addition, outsourcing AI systems to a vendor leaves the company with little insight into and autonomy over the systems that they come to rely on to power their business.
In contrast, companies are in a better position to achieve meaningful ROI when they maintain internal ownership of their AI systems and directly design, build and manage the systems with the help of a trusted partner. Doing so enables them to better select the products that meet their unique needs and adapt when those needs change or improved offerings come to market. Because AI requires a highly customized and granular approach, Ruzicka recommends that companies own their AI destiny to ensure success.
WASHINGTON, DC, August 2, 2022 – EastBanc Technologies, a leader in custom software development, announced today that Fast Company has ranked the company No. 38 on its 2022 List of the 100 Best Workplaces for Innovators.Read more
TransitIQ, an AI-powered business intelligence platform for public transportation, has achieved 91 percent accuracy in predicting the arrival times of vehicles across 18K bus routes, making more than 400M arrival predictions daily.Read more
WASHINGTON, May 5, 2022 – EastBanc Technologies, a leader in custom software development, today announced that SnowIQ, the company’s revolutionary snow removal solution, has been recognized as a finalist in the Software category of Fast Company’s 2022 World Changing Ideas Awards.Read more
WASHINGTON, March 18, 2021 -- EastBanc Technologies (eastbanctech.com) today announced it has earned the Modernization of Web Applications in Microsoft Azure advanced specialization. This specialization recognizes EastBanc Technologies' deep knowledge, extensive experience and proven expertise in migrating and modernizing production web application workloads, and managing app services in Azure.Read more
WASHINGTON, DC – July 1, 2019 – EastBanc Technologies proudly announces that it received a 2019 Microsoft US Partner Award – Industry – Microsoft CityNext and will be honored at Microsoft Inspire in Las Vegas July 14-18, 2019. The MSUS Awards complement the global Microsoft Partner of the Year award program and focus on US-specific partner impact.Read more
In partnership with EastBanc Technologies, the DFHV’s Intelligent Transportation for Smart Cities program provides faster, safer and more innovative rideshare options for Washington, DC residents and touristsRead more
WASHINGTON, DC – FEBRUARY 21, 2019 – EastBanc Technologies, a Microsoft Gold-Certified partner, announced today that during Petra, which buried the Mid-Atlantic region earlier this week, it pitted modern technology against Mother Nature and won.Read more
Our CEO, Chief Architect, and Marketing Director discuss EastBanc Technologies' new startup, Kublr with Susan Hall from The New Stack.Read more
Our Chairman, Wolf Ruzicka was interviewed on his approach on data. His advice - Follow the bread crumbs.Read more
Our Chairman, Wolf Ruzicka was interviewed by CGTN America's Mike Walter on his views on the future of artificial intelligence and virtual reality.Read more
Our Chairman, Wolf Ruzicka was interviewed by Fox Business regard Cloud Innovation.Read more
The ISM 2016 Recognition Awards for Excellence in Human Services Information Technology awarded DC Child and Family Services Agency (CFSA) with the 2nd place in the ISM 2016 Innovation in Service Delivery award.Read more
Inc. Magazine Unveils 35th Annual List of America’s Fastest-Growing Private CompaniesRead more
EastBanc Tech/Modev Meetup SeriesRead more
TransitIQ is FinalistRead more
One of only 9 finalistsRead more