Insig Ai Share Discussion Threads

[hazl] 02/3/2023 22:06

Written by Michael Chui.

[hazl] 02/3/2023 21:57

Lastly instead of endlessly blaming things on a superficial level....management individuals and so on....I think look at the wider scenario.
This was very poignant here I feel....from the revered McKinsey experts.


'Over the past half decade, during which we’ve been conducting our global survey, we have seen the “AI winter” turn into an “AI spring.” However, after a period of initial exuberance, we appear to have reached a plateau, a course we’ve observed with other technologies in their early years of adoption. We might be seeing the reality sinking in at some organizations of the level of organizational change it takes to successfully embed this technology.

In our work, we’ve encountered companies that get discouraged because they went into AI thinking it would be a quick exercise, while those taking a longer view have made steady progress by transforming themselves into learning organizations that build their AI muscles over time. These companies gradually incorporate more AI capabilities and stand up increasingly more applications progressively faster and more easily thanks to lessons from past successes as well as failures. They not only invest more, but they also invest more wisely, with the goal of creating a veritable AI factory that enables them to incorporate more AI in more areas of the business, first in adjacent ones where some existing capabilities can be repurposed and then into entirely new ones.'

How relevant is that here?
Well we see.

Finally,

'There is, at a high level, an emerging playbook for getting maximum value from AI. Each year that we conduct our research, we see a group of leaders engaging in the types of practices that help execute AI successfully. It’s paying off in the form of actual bottom-line impact at significant levels. We also see it every day as we guide others on their AI journeys. It’s not easy work, but as has been the case with previous technologies, the gains will go to those who stay the course.'


Lessons for us all perhaps.

IMO

[hazl] 02/3/2023 21:51

'Third, the specific areas in which companies see value from AI have evolved. In 2018, manufacturing and risk were the two functions in which the largest shares of respondents reported seeing value from AI use. Today, the biggest reported revenue effects are found in marketing and sales, product and service development, and strategy and corporate finance, and respondents report the highest cost benefits from AI in supply chain management. The bottom-line value realized from AI remains strong and largely consistent. About a quarter of respondents report this year that at least 5 percent of their organizations’ EBIT was attributable to AI in 2021, in line with findings from the previous two years, when we’ve also tracked this metric.'

[hazl] 02/3/2023 21:46

'Meanwhile, the average number of AI capabilities that organizations use, such as natural-language generation and computer vision, has also doubled—from 1.9 in 2018 to 3.8 in 2022. Among these capabilities, robotic process automation and computer vision have remained the most commonly deployed each year, while natural-language text understanding has advanced from the middle of the pack in 2018 to the front of the list just behind computer vision.'





'The top use cases, however, have remained relatively stable: optimization of service operations has taken the top spot each of the past four years.'

[judijudi] 02/3/2023 21:43

🤣😂

[pj 1] 02/3/2023 18:35

hazl1 Mar '23 - 11:11 - 1193 of 1212
0 0 0
You really won't be upto speed on the most recent developments then!

There's an old adage 'buy on rumour sell on news'.=======
=============================================================================

So within all your bluster and positivity on INSG, you are actually in it for a trade? Or do I have it wrong? What developments?

What rumours abound on INSG then? As its only rumour you are free to elaborate with no fear of repercussions.

[hazl] 02/3/2023 16:36

Thanks elrico!

Good thing we don't have to do what we're told!

[judijudi] 02/3/2023 16:34

Director wise :)

[judijudi] 02/3/2023 14:28

Other than RB who else has bought?

It’s official rns’d good news that we want and not work going off in the background

The cash burn has been massive with little known return

Confirmed good news required not Pie in the Sky

imho

[hazl] 02/3/2023 14:11

Talk about sour grapes.


You don't know what they are doing in the background.

Usually people are delighted if a director puts his or her own money into their company....it shows confidence!

[hazl] 02/3/2023 14:09

That might be true but how do you stay ahead of the pack if you can't tell good news from bad?


I presume you knew a bit about the market before you invested?

[judijudi] 02/3/2023 13:52

No amount of publicity elsewhere on other companies etc will have any bearing on Insig
The buck stops with our management team to sort out some good news flow (which they’ve been shyte at up to now as the woeful share price shows)
And they best sort it out quickly as the coffers might be close to running dry
imho

[banshee] 01/3/2023 19:40

We must be due some news here now, even of the reltively minor $$ variety.

[hazl] 01/3/2023 18:25

242 Banshee

I was looking back at some of the posts and found yours.
Older I know but probably more compounded now.
We seem to have less and less ability to have our own autonomy.

[hazl] 01/3/2023 13:25

With thanks to mike!

[hazl] 01/3/2023 11:44

And fighting for increasingly scarce talent!

Note!

[hazl] 01/3/2023 11:42

According to an Accenture report, some of the top banking trends for the coming year include reimagining the importance of innovation, using technology and automation to improve banking experiences and back-office efficiencies, understanding the impact of cryptocurrencies and new payment alternatives, and fighting for increasingly scarce talent.

[hazl] 01/3/2023 11:40

Don't forget this gift of shares.
Held in treasury and to be used at the discretion of the company.

'Insig AI plc

("Insig AI" or the "Company")

Directors gift shares to treasury for Company's benefit and total voting rights

Insig AI plc (AIM:INSG), the data science and machine learning solutions company serving the asset management industry, is pleased to announce that following the publication of the Company's interim results to 30 September 2022, founders Steve Cracknell and Warren Pearson, Chief Product Officer and Chief Technology Officer have gifted at nil value a substantial proportion of their founder shares to the Company to be held in treasury and to be used at the discretion of the Company. It is expected that these shares will predominately be issued to third parties or partners who are expected to help generate revenues, or add long term value to the business, but also to employees and other stakeholders as payments or bonuses in lieu of cash.

Steve Cracknell has today gifted 4,500,000 of his 10,818,293 ordinary shares of 1p each ("Shares") and Warren Pearson has gifted 2,500,000 of his 4,828,082 Shares. These combined 7,000,000 Shares equate to 6.62 per cent. of the Company's issued share capital.

The Board of Directors, excluding Steve Cracknell and Warren Pearson who are involved in the transaction as related parties, consider, having consulted with Zeus Capital, its nominated adviser, that the terms of the transaction are fair and reasonable insofar as its shareholders are concerned.'

[hazl] 01/3/2023 11:38

My point is he has a lot of incentive!

[judijudi] 01/3/2023 11:31

How long have they now been looking?

[hazl] 01/3/2023 11:30

'Insig AI plc today announces the resignation of Matthew Farnum-Schneider, Executive Chairman. He will be leaving the Company after a short handover period. The Board is pleased to advise that Mr. Richard Bernstein a long-term supporter and shareholder of the Company, has agreed to become interim Non-Executive Chairman until such time as a replacement can be appointed. The Company has commenced a search for a permanent independent non-executive to chair the Group.'




We only need this role to be filled and the shares might well see an upturn.
It's the uncertainty every time.
Positive news is like a breathe of fresh air.

IMO

[judijudi] 01/3/2023 11:24

Recent developments on Twitter 😂🤣
I want recent developments via official RNS’s

What’s your point about RB buying at 16p?
He also bought loads at much higher prices (forgetting the renegotiated ones)

[hazl] 01/3/2023 11:14

Richard Bernsein bought at 16p.

We are at 13.75.