Aalto EE and Silo AI Announce Collaboration to Help Business Leaders Navigate the AI Hype

Aalto University Executive Education and Professional Development (Aalto EE) and Europe's largest private AI lab Silo AI have announced an extensive collaboration aiming to support business leaders and decision-makers in AI adoption amidst the generative AI hype.

The ongoing hype around artificial intelligence has resulted in vast interest and enthusiasm. AI-related technologies are expected to introduce new solutions to multiple business problems, significantly impacting various industries and business landscapes.

The rapid development of AI and related technologies force companies to react quickly in order to stay competitive, and keeping up with the rapid development is a challenge for many. It is difficult to determine what information is reliable and relevant, especially with the polarizing effect of the AI hype on public debate, creating confusion on where value creation with AI is, and eventually will be, happening.

For organizations to succeed in value creation and in building their competitive edge, AI should be deployed as a core element of a company’s products or services. Business leaders need to understand how AI relates to their specific business and how it can support their decision-making and management to create enduring value.

"Apart from a minority of technological experts, most business practitioners still lack a deeper understanding of artificial intelligence. Out of 100 business leaders I have met this year, 90 are still seeking an understanding of what AI means, what the opportunities are, and what direction the company should take in its AI development. As Europe's leading artificial intelligence company, we have a responsibility to expand artificial intelligence expertise. It is one of the most central challenges to be solved, through which Finnish and European companies will find business opportunities in artificial intelligence and remain competitive in this time of monumental change" says Dr. Seppo Kuula, Managing Director, Services at Silo AI.

"When considering Finland's long-term competitiveness, the most important question is how artificial intelligence-based technologies are used commercially, either as part of a product or service to be sold or in their sale and production," says Business Unit Director Jonni Junkkari from Aalto EE.

Aalto EE and Silo AI have now launched a training program helping business leaders and executives understand how to create enduring value for their business with AI.

Training program combining researched knowledge and practical experience of business needs

Aalto EE and Silo AI are bringing reliable, research-based AI knowledge combined with years of practical experience in placing AI at the core of products and services in multiple industries to business leaders and executives by offering a variety of training programs and events.

A crucial part of the collaboration between the two is a new training program aimed at business leaders and decision-makers, starting in early 2024, which will prepare leaders to navigate the AI hype.

The AI for Leaders and Decision-Makers program consists of five modules and is implemented in a hybrid format.

The training program offers participants a broad understanding of artificial intelligence-based technologies, how they should be utilized in digital products and services and applied to companies' business operations. The program also covers organizational changes required by rapid technological development.

The instructors of the program consist of world-class AI experts, both researchers from Aalto University and experts from Silo AI.

Read more about the program here.