Back in Jul this year, we spoke with Karsten Wildberger, MBA’00J, COO and board member at E.ON, on his experience on driving AI implementation in the energy sector, and Kay Firth-Butterfield, Professor of Law and Head of Artificial Intelligence and Machine Learning at the World Economic Forum, to discuss the work of the WEF on AI for boards and governance.
In general, we discussed ways individual businesses need to implement AI across their processes, products and services, while balancing productivity with responsibility.
This, in effect, involves tackling issues like the organisation’s data readiness, finding and developing the right talent, designing and driving its AI journey, and managing new risks (e.g. discrimination, unethical behaviour of AI, even jobs and health risks) and its organisational changes associated with disruptive technology.
This time, we would like to go deeper into one of the most fundamental challenges or first steps when considering an AI or Digital Transformation journey for your organisation – how to “Get data-ready for Digital Transformation” by using Stena Line as a Case Study.
About Stena Line
Stena Line is the world´s leading passenger ferry company, with 19 ferry routes, 6 geographical divisions, 39 passenger ships, 28,000 sailings per annum (7M passengers, 2M private cars & 2M freight units) operated across 10 European markets, turnover of 1.2B EUR, and 6,000 employees across Sweden, Norway, Denmark, Poland, Netherlands, Lithuania, North Ireland, Republic of Ireland, Germany & the UK.
In addition to being on top of the ferry sector, Stena Line also runs one of the largest travel companies in the Nordics – Stena Line Travel Group AB, with 120M EUR in turnover as well as a major shipping agency in retail and food services in Sweden with more than 80M EUR in turnover.
Stena Line’s Digital Transformation Journey
Stena Line went through a major organisational change in Sep 2016 triggered by this “shift towards digitalization”. As the company’s Chief Transformation Officer and a member of the executive board, Jari Virtanen has been driving and orchestrating the overall change program towards Stena Line’s digital vision of becoming the world´s first cognitive ferry company by maximizing and leveraging the use of technologies such as Artificial Intelligence, Internet of Things, Robotics and Machine Learning across the entire organisation.
However, embarking on such a “digital-first” journey involves a lot of challenges when it comes to collecting and processing data, and more importantly, the right kinds of data and variables. In this webinar, we would like to hear more from him on the typical challenges that he has faced in his journey.
- Date: 19 Nov, 2020
- Time: 5 PM PDT/12 noon EDT/7 PM CET/7 PM SGT.
- Note that the webinar will be held on 4 different slots to cater to our global alumni, you may choose to register on any 1 of them.
- All time slots on Eventbrite are in UTC (GMT), so please ensure to select the correct one based on your own time zone.