Of all the technological breakthroughs seen over the past few years, AI has impacted our lives in more ways than one. It has automated a major portion of our routine tasks. But is the integration of AI limited to automating routine tasks? No, and it is proven by a linguist and visionary computer scientist, Dr. Walid el Abed (CEO). With his skill set in computer science, AI and linguistics, he created the Data Excellence Science, he has pioneered the development of the Data Excellence Management System-Natural Intelligence eXpanded Universe System (DEMS-NIXUS), an integrated and multilingual web-based solution (on-premise or in the cloud) that integrates linguistic and semantics AI to enable modern businesses to establish a cogent governance environment capable of coordinating and managing all business units.
The innovation served as the cornerstone for his company Global Data Excellence (GDE). In this article from our edition titled “Top 5 Innovative Companies to Watch in 2023,” we are throwing light on how GDE’s novel solution is enabling human-machine exchange by employing natural language to manage business utilising contextual insight.
RE-INNOVATING HUMAN-MACHINE INTERACTION
DEMS-NIXUS is an integrated and multilingual web-based solution (on-premise or in the cloud) that enables modern organisations to create a cohesive governance environment capable of aligning and governing all business units. The AI could seamlessly integrate the current infrastructure, all databases, and its senses without human input while preserving data ownership and leaving them where they originated. It uses DeCRIPT to analyze textual data (private or public) according to business needs using the semantic meta-model. The textual information enriches the existing structured data, which is then stored in a database that could be accessed using natural language queries. DEMS-NIXUS integrates linguistics and encapsulates ChatGPT, Wolfram ALPHA, and other AI. It also processes and decrypts over 1000 file formats and connects to any public or private data source and social networks.
Dr. el Abed also aimed to assist companies in preparing for the digital era and leading by value and wisdom using a premier framework of governance. For this, the DEMS-NIXUS collaborates and builds upon the sizeable investments made by enterprises through a value-driven relationship. Its uniqueness is found in its dynamic and prescriptive governance model, a top-down management strategy supported by a methodical valorization of the company’s data assets, and proactive control over ongoing and upcoming operations and goals. In the long run, this increases the influence of the executives, employees, and partners while encouraging accountability and responsibility throughout the whole organizational structure. This enables companies to foresee how non-compliant data assets can impact their overall value and, in turn, change resource allocation to maximize ongoing and future operations.
In the end, DEMS-NIXUS helps companies increase the value of their data while lowering operational costs. In fact, it can help a company establish a “govern by value” culture within a year or less.
RESOLVING GLOBAL DATA GOVERNANCE CHALLENGES
While assisting businesses in achieving their objectives, GDE is also working towards a far larger vision. Today’s enterprises face various difficulties due to the complexity of data governance and machine interfaces. The knowledge needed to create value is either scattered throughout the system or fragmented, which makes it isolated and inconsistent. Moreover, the language problem inherent to the organizational complexity of humans’ and machines’ ecosystems, combined with the tsunami of regulation and data, makes it impossible to connect the knowledge together and link it to be used wisely for the organizational value outcome. Even though some solutions exist, they are disconnected from knowledge and human wisdom. And they cannot enable a real, constructive, and transparent human-machine dialogue.
But GDE presents an innovation that promises there won’t be any more irrational and instinctive decisions that waste a lot of time, money, and credibility. “Our system brought us the 20 most prominent businesses from practically every area, including manufacturing, oil and gas, Consumer Goods, Pharmaceuticals, and Finance, in over 50 countries, with over 30 000 users, 3 000 managers, and leaders,” says Dr. el Abed. Their clients generate more than €8 trillion in revenue each year. DEMS-NIXUS cleaned up about €100K million, which is only a fraction of the global GDP needed to end poverty and achieve all the SDGs.
STAYING INNOVATIVE AT ALL TIMES
GDE has created a disruptive innovation that competes with established systems and AI, which heavily rely on the quality of data. Many of them cannot take company policies and contexts into account, which can result in extremely risky decisions and high-risk management. Needless to say, this has stimulated a competitive environment with many global tech giants. To stay up to speed and be competitive, GDE leans towards collaborating with a complete ecosystem of ethics, prosperity, and compliance with natural rights and ownership. “We collaborate with customers, partners, institutions, academies, the European Commission, ECCMA, INTERREG, and INNOSUISSE consortiums,” says the CEO.
Working with them, they co-design the solution with new innovation for better anticipation. They do pre-studies with potential customers, quantitative and qualitative market studies mandated by the INNOSUISSE Consortium with public, private, national, and regional companies such as governments like the State of Geneva, Netherlands Police and Justice, NGO UNRWA, and many others. These actions enable them to stay ahead of the curve while carving a niche for themselves. GDE stands tall with an innovation that is in line with laws, governed by rules, driven by values.
A VISION THAT CELEBRATED VARIOUS ACHIEVEMENTS
Every innovation starts with a need to address an issue. DEMS-NIXUS had a similar origin story. Dr. el Abed has spent more than 20 years concentrating on applying data strategies across global organizations to create long-lasting business success. His Data Excellence Framework and techniques are exceptional and produce real value from business knowledge and data. While guiding businesses to achieve excellence, he realized that only a select group of people had access to computers and were qualified to grasp machine language. Being a visionary, Dr. el Abed wished to change the scenario. “My ultimate objective was to demystify the machine using natural language as opposed to machine language, so that everyone could understand it,” he says.
He created DEMS-NIXUS and though it took time, the system has earned numerous milestones:
• Received a 15k CHF Innovation check from INNOSUISSE for the Constitution of unique references for Identification of persons and Locations (CURIPL) project in 2022-2024
• Latest Gartner mentions: Market Guide for Data and Analytics Governance Platforms 2023 / Hype Cycle for Finance Data and Analytics Governance, 2022 / Market Guide for Data and Analytics Governance Platforms December 2021
• Mentioned by Intelligence Market Report on the new report on Global Data Governance market growth (Status and Outlook) 2021-2027
• Latest Forrester mentions: Now Tech report on DataOps and Catalogs Q1 2022 / Now Tech: Data Governance Solutions, Q1 2021
• 2021-2022: Selected and certified by the Trust Valley accelerator program as the best Swiss innovation
• Latest StrategyR mentions: Data Governance – Global Market Trajectory & Analytics / Data Governance 2021 report
• 20 most promising artificial intelligence providers for 2021 by CIOReview Magazine
• Winner of the “Special Innovation Award” 2020 at the World Innovation Economics in Davos
• Received a 2 million grant for the H2020 SME Instrument – European Commission Program
While these milestones are noteworthy, Dr. el Abed has a wider mission to accomplish. He believes the purpose of an innovation is to cater to the needs it is designed to meet and anticipate future challenges. In the same light, he aims to democratize the implementation of DMSE-NIXUS through GDE at the disposal of every business on the planet. “The ultimate goal is to win the Peace Nobel Prize for our unique linguistic and semantic artificial intelligence,” concludes Dr. el Abed ambitiously.
A TOKEN FOR EVERY LEADER
“Never lose faith. Always make wise decisions, and avoid making deals with the devil. Justice and peace can only come from the truth. It is primordial to take into consideration the context and rights of everyone.”
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Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.
