Mexico AI, Cloud & Data Summit 2023 - Impact Report

Page 1

IMPACT REPORT


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In the realm where artificial intelligence (AI), cloud computing, and data management converge, a host of challenges and promises are reshaping the landscape of modern businesses. Central to these discussions is the critical importance of data quality. Experts unanimously agree that a robust data governance framework is fundamental, ensuring that valuable insights for decision-making are derived from accurate and well-curated data. Yet, amidst the rise of AI, human supervision remains indispensable, as automated models should not entirely replace the understanding and intuition that human analysts bring to the table when facing complex business decisions. When harnessed effectively, AI can significantly enhance the outcomes, predictions and insights derived from vast datasets. However, concerns regarding the irresponsible use of AI have recently arisen, given that a faulty AI adoption often leads to operational downtimes or misguided insights that can negatively affect businesses’ continuity, profitability, and reputation. Tech industry leaders addressed these complex issues during the first edition of Mexico AI Cloud and Data Summit 2023. Multiple IT specialists highlighted the benefits of applying data-driven analysis to enhance decision-making within businesses, underscoring the essential role AI and data centers are currently playing in driving innovation forward. For most of them, businesses adopting these emerging technologies into their operations will inevitably become the leaders of their industry.


4

C o n fe r e n ce I mpact

184

6

35

companies

sponsors

speakers

258

1,311

1st

conference participants

visitors to the conference website

Edition

Breakdown by job title Conference social media impact

36% Director/Manager/ Partner 32% CTO/CIO/CDO/CISO 32% CEO/Founder/ GM/VP

3,684 direct impressions during MAICDS

Pre-conference social media impact 110,805 direct pre-conference LinkedIn impressions

3.01% click through rate during MAICDS

2.53% pre-conference click through rate

6.42% conference engagement rate

2.84% pre-conference engagement rate

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86

participants

Matchmaking intentions

120

matchmaking communications

23

1:1 meetings conducted

Total

442

239 Trading 43 Recruitment 160 Networking


5

C o mpa n y Atte n da n ce •

Grupo Lattice

Easytrip México

99 minutos

Ecovis México

Actinver

Edelman

Italika

AES

Elektra

Ituran

AKAMAI

Enermex

JAAK

ALCON

Enso Fintech

Jaak

Alldatum

Epicurus

Jüsto

Ammper Energía

Ericsson México

Kelly México

Angel Ventures

Eureka & Co

Klar

Appian

Exitus Capital

Knowsy AI

IT Innovation & technology, S.A de C.V.

ARROW

Ey

Konfío

Asociacion de internet MX

Facultad de ingeniería UNAM

KPMG

AT&T Mexico

Fibra UNO

Kubo Financiero

Atalait

Finsus

La Comer

BanBajío

Frenkel Engineering

La Moderna

Banco Azteca

Frialsa Frigorificos

Laureate International

Banco Bradesco

Frisa Forjados

Banco del Crédito del Perú

Fundary

Lenovo

Banorte Seguros Y Pensiones

General Motors Mexico

Logicalis Latam

Banregio

Genesys

Lurica

Bayer

GFI

MABE

BAZ SúperApP

GIDCOMP

Manpower

BBVA

Global Institute for Digital

Más Descuentos

Boletia

Competitiveness

Mercado Libre

Bupa México

Grupo Altex

MetLife

CAAAREM

Grupo CICE

Métricas

Caja De Ahorro De

Grupo Mexico

MEXDC

Los Telefonistas S.C.

Grupo Nu3

Mexican Chamber of

Universities

A.P. De R.L. C.V.

Grupo Salinas

Cápsula

Grupo Traxa

Mexico Telecom Partners

Casa de Bolsa Finamex

GS1 México

MUFG Banco

Catenon

HDI SEGUROS

Murguia Consultores

Cattri

Hino Motors

Nadro

CENACE

Hitachi Energy

NOVAX

Círculo de Crédito

Hitachi Vantara

NTT Data

Citibanamex

Homie

Nutanix

Clara

Honeywell Technology

Oficina Comercial De

CODECO

Collecta Global

Hospital Moscati

Parco App

Conecta

I-Track Systems

Peñaranda

Consubanco Institución

IACNA

Pernod Ricard

De Banca Múltiple

ICONN

Pimlico Parks

Coppel

IDCA

Prime Communications Mx

Crabi

Incrase Visibility Mexico

PROSA

Cyber-T

Industrial Aceitera

Provident México

Danone

INE

Quartux

Decision Point LATAM

INEEL

Quo Digital

Desarrolladora del

Instituto Federal de

Rackspace Technology

Commerce in Hong Kong

Solutions Mexico

Israel En México

Telecomunicaciones

Rankmi

Dinamic

Interprotección

Robert Walters

DyLo Dynamic Logistics

IPAB

Roshfrans

DynamiCore

Isuzu

SaborMex

Parque, SA de CV


6

C o mpa n y Atte n da n ce •

Sayvu

WiWi

Syneff Consult

Servicios Administrativos

WOMCY

Syngenta

Peñoles

Zabbix

Tecnatom

Shasa

Zendala

The Adecco Group

Siemens Gamesa

Pragmatec

The Uncommon Lab

SmartPlus

Prana Power

TIBA

Snowball.MX

Pretmex

TIP

Stragia Sales Science

Prosegur Security México

TMF Group

Suspension y Direccion

QbD México

Tolko Group

Swissport

Quartux

Top Management Mexico

Swiwws Business Hub Mexico

RAMA MANTENIMIENTO

TRANSPLACE

SYD

INDUSTRIAL TOTAL

Trebol Capital

SYM SERVICIOS

Rappi

Tridi, Manufactura Aditiva

T7 International Group

Rappi Pay

Truora

Tata Consulting Group

REFLY

Truper

Techni-Soft

RelyOn Nutec

TSystems

Tecnologia Orientada

RER Energy Group

Uala

al Servicio

Rising Farms

UK Department for

Televisa Univision

RM Pharma Specialists

Terapify

Rockwell Automation

Texas European Chamber

S2G Energy

of Commerce

SAFELINK

U-Storage

Tokio Marine

Salud Facil

Vaisala

TOSSA

San Luis Potosi City Council

Veeam

Tradeon Energy

SAP

Vera & Asociados

Trully

Sartorius

Vexi. Tarjeta de Crédito

U.S Embassy

Scania

Visa

Ualá

Servicio Geológico Mexicano

Von Wobeser y Sierra

Udemy

Siebtechnik Tema

VOPAK

UNIDESARROLLO

Skyhaus

VTEX

UNIFIN

SocialDiabetes

Walmart

Universidad La Salle

Someone Somewhere

Walworth

UP

Speyside Group

Wartsila

UTIMACO

Spinto

Within3

Vector Casa de Bolsa

STORI

Wizlynx Group

Von Wobeser y Sierra

Stripe

WorldWise Coaching

Walmart de Mexico

Sulmara Mexico

Yalo

We Are The Robots

Swap

Yokogawa de México

International Trade •

Union de Crédito del Soconusco


7

P r o g r am D ay 1

09:25

WELCOME TO MEXICO AI, CLOUD & DATA SUMMIT 2023

09:30

SOLVING CLEANUP AND INTEGRATION CHALLENGES FOR DATA-DRIVEN SUCCESS

Moderator: Esther Riveroll Ponce de León, Alldatum Business Panelists: Luis Pintado, Interprotección Salvador Hernández, Frisa Forjados Ana Coronel, BanBajío 10:15

WELCOME TO THE ERA OF ASSISTANCE

Speaker: Aarón Castellanos, Rackspace Technology 10:45

NETWORKING COFFEE BREAK

11:45

FUELING AI INSIGHTS IN MEXICO: DATA LAKES AND CLOUD WAREHOUSES

Moderator: Itzul Girón, Knowsy AI Panelists: Roberto Juárez, Nutanix José Carlos Huescas, Lenovo Diego Sánchez, Mabe 12:30

DATA CENTER RESILIENCE, SAFEGUARDING BUSINESS CONTINUITY

Moderator: Dario García, ManpowerGroup LATAM Panelists: Josué Ramírez, IDCA Oscar García, SmartPlus Rogelio García , Grupo Salinas Benjamín Aguillón, MEXDC 13:30

NETWORKING LUNCH

15:00

ADVANCING IOT ANALYTICS THROUGH EDGE-CLOUD SYNERGY

Moderator: Juan Carlos Montero, NTT Data Panelists: Ignacio Madrid, Citibanamex Sebastián Carmona, Honeywell Technology Solutions Mexico Gabriel Fernández, AT&T México Óscar Parra, Genesys 16:00

STRIVING TOWARDS MATURITY: MEXICO’S DIGITAL LANDSCAPE

Speaker: Itzul Girón, Mexican Internet Association


8

P RO G R A M D AY 2

08:55

WELCOME TO MEXICO AI, CLOUD & DATA SUMMIT 2023

09:00

DIGGING DEEPER WITH TECHNOLOGY-DRIVEN DATA MINING

Moderator: Juan Manuel Andrade, Banco Azteca Panelists: Dante Téllez, Kubo Financiero Rodrigo Murillo, Círculo de Crédito Juan Carlos Balboa, Vector Casa de Bolsa Francisco Viana, Danone 10:00

INNOVATION AND TECHNOLOGY IN THE BUSINESS DNA

Speaker: Ricardo Álvarez, Grupo Coppel 10:30

NETWORKING COFFEE BREAK

11:30

CONNECTING MEXICO BUSINESS: 5G, CLOUD AND EDGE

Speaker: Fabián Monge, Ericsson México 12:00

EMBRACING OPEN SOURCE FOR SEAMLESS INTEGRATION

Moderator: Felipe Mundaca, Rankmi Panelists: Facundo Chambó, Homie Rafael Verduzco, Zendala Juan Arturo Dueñas, General Motors Mexico 13:00

THE AI HORIZON: MAPPING YOUR INTEGRATION STRATEGY

Moderator: Marco Antonio Hernández, PROSA Panelists: Diego Halffter, Jüsto Ignacio Madrid, Citibanamex Pablo Guzzi, Ualá Alfredo Pequeño, BanRegio 14:00

END OF MEXICO BUSINESS AI, CLOUD & DATA SUMMIT 2023


9

C o n fe r e n ce H ighlights

SOLVING CLEANUP & INTEGRATION CHALLENGES FOR DATA DRIVEN SUCCESS In an emerging digital economy, data is

However, before companies can hope to

celebrated as the foundation of success. The

realize these objectives, companies need

transfer of knowledge from experienced

to understand that the quality of data is an

individuals to algorithms has made data

important qualifier. Whether for advanced

models more reliable. Experts are now

analytics or predictive analytics, data quality

contemplating how data cleanup,

is a fundamental component to an effective

standardization, and integration efforts can

data strategy. According to Luis Pintado,

enhance data-driven decision-making and

CTO, I nte rp rote cció n , “ th e insura n ce

actionable insights for business leaders.

industry is undergoing a significant shift f ro m re lying o n ins tin c t to e ng aging

“Knowledge that was once held by

directly with consumers through digital

individuals with decades of experience

channels. This transition has prompted a

has been transferred to algorithms in

need for more data-driven strategies.”

the form of data inputs, making business models more reliable”

Salvador Hernández CDO | Frisa Forjados

Despite ambitions to become more datadriven, use cases often remain isolated, according to Ana Coronel, Data Science V ice P re si d e nt , B a n B a j ío . To exp a n d them, it is essential to not only focus on data quality but also consider when and

A Denodo study, as previously reported by

how data will be used to avoid wasting

MBN, uncovered a striking reality: only 54% of

time cleaning data. She also considered

Mexican companies effectively harness their

comprehensive data governance, from

data resources, emphasizing the urgent need

inception to exploitation, to be vital to

for streamlined data solutions. Surprisingly,

strategy formation. Without procuring

while 90% of companies are in the midst of

t h e s e e ff o r t s f ro m t h e b e g i n n i n g o f

their data-driven transformation, just half are

s t r a te g y f o r m a t i o n , c o m p a n i e s ’ r i s k

actively using data for informed decision-

undermining their ability to monetize

making, and 12% have not yet embarked on

their data.

this journey. The study also reveals diverse objectives among surveyed organizations,

“Data quality is paramount to building any

including improving operational efficiency,

data model, be it for advanced analytics

gaining a competitive edge, reducing errors,

o r p re dic tive in sig ht s . We a ll h ave a

and minimizing operational costs.

role in the lifecycle of data, and even a


10

C o n fe r e n ce H ighlights minor error, like an incorrectly written tax

Pintado. Nevertheless, no process should

identification number (RFC), can have far-

be left to automated models in its entirety.

reaching consequences,” said Coronel.

Human supervision will continue to be an integral part of data analysis, emphasized

Experts also shared how hyper-segmentation

Hernández.

of data is vital for enhanced personalization, a capacity that has applications across

The application of emerging technologies

industry segments. However, disorganized

in data analysis becomes relevant before

and poor data integration could lead to

a global shortage of qualified talent to

skewed investments in digital advertising,

clean, analyze and oversee data strategies.

ineffective conversion rates, and challenges

Moreover, continuous personnel turn-over

in targeting the desired audience. Herein

can undermine the continuity and the

l i e s p r o d u c t i ve c a p a c i t y o ff e r e d by

viability of data initiatives. These issues

disruptive te ch n olo gies like m a chin e

pose a significant challenge to the medium

learning, which could potentially expedite

and long-term data maturity of companies.

data clean-up and standardization, says

WELCOME TO THE ERA OF ASSISTANCE Th e exp o n e ntia l g row th of d at a h a s

approach that locates the security of the

s i g n i fi c a n t l y b r o a d e n e d t h e s c o p e

user and the organization at the center of its

of AI applications, culminating in the

objectives, as argued by Aaron Castellanos,

development of Large Language Models

Solutions Architect, Rackspace Technology.

capable of adaptive and realistic user

Failing to do so can lead organizations to

interactions . However, leveraging AI -

incoherent decisions and biased analysis

powered technologies requires a responsible

driven by AI models, potentially affecting the lives of individuals and the continuity of businesses. “The immense amount of data available can significantly enhance the results, predictions, and insights provided by artificial intelligence, which can lead to better decision-making within organizations,” explained Castellanos at MACDS 2023. However, the quality of AI-driven analysis hinges on the accuracy and structure of the data it processes, as organizations leveraging unstructured data for AI-driven analysis may face flawed or incomplete insights. To leverage vast amounts of data with AI-powered tools, Castellanos advises companies to “ensure good data governance, security, and quality before venturing to adopt this technology.” In fact, he explains that organizations looking to invest in AI “must have a very robust database before the integration of AI,” he added. AI tools have the capacity to streamline organizational tasks, allowing IT specialists


11

C o n fe r e n ce H ighlights to focus on more complex challenges essential

“The FAIR approach involves establishing

for the operation of a company, according to

ro b u s t d a t a g ove r n a n c e , i n c u b a ti n g

Castellanos. They have also proven effective

a minimum viable product aligned

in driving innovation, optimizing resources,

w i t h o r g a n i z a t i o n a l o b j e c t i ve s , a n d

and enhancing customer experience across

industrializing generative AI within a

all industry sectors. In fact, “financial entities

defined life cycle,” explained Castellanos.

are currently leveraging generative AI to

This is meant to ensure a symbiotic, cyber-

positively transform the industry, offering

resilient, and sustainable approach to AI-

extreme personalization based on AI-driven

powered tools.

insights into individual financial behaviors,” explained Castellanos.

As Microsof t and Rackspace contend, ensuring the responsible use of AI implies

However, artificially intelligent technology

putting people and users at the center of

intersects with regulatory, ethical, and

their operations. “At the end of the day, AI

cybersecurity issues that companies must

can not only be exploited for technological

consider before integrating it into their

purposes, but also for social solutions

operations, warned Castellanos. In fact, to

and services,” stated Castellanos. The

ensure AI-empowered customer experience

FAIR framework exemplifies AI’s potential

optimization, Rackspace and Microsoft

a s a c a t a l y s t f o r s o c i a l b e t te r m e n t ,

designed an innovative practice focused on

emphasizing the critical importance of

accelerating the responsible and sustainable

deploying AI with ethical and responsible

adoption of generative AI solutions.

considerations at the forefront.

FUELING AI INSIGHTS IN MEXICO: DATA LAKES AND CLOUD WAREHOUSES In response to the ever-growing volume of

extensive datasets. Nevertheless, Mexican

data, enterprises are proactively pursuing

enterprises face the intricate challenge of

strategies for the efficient management

integrating these systems into existing

and analysis of data to optimize operational

infrastructures in an efficient way that

efficiency and facilitate decision-making.

enhances their processes and, therefore,

Two compelling solutions on the horizon

their value.

are Data Lakes and Cloud Warehouses, aided by the power of AI, which provide

To f u l l y c a p i t a l i z e o n t h e i r d a t a -

organizations with the c apacit y to

driven transformations , companies

s e c u r e l y s to r e , g ove r n , a n d a n a l y ze

are increasingly relying on e m e rging


12

C o n fe r e n ce H ighlights technologies like data lakes and data

In this case, data warehouses can benefit

warehouses (64%), predictive analytics

industries in need of historical analysis and

(6 3 %) , a n d m a c h i n e l e a r n i n g ( 5 1 %) ,

predictive analytics, such as finance, retail,

according to a Denodo survey. Currently,

and the automotive industry.

organizations are applying a combination of both to leverage the strengths of each,

“A data lake serves as a comprehensive

ensuring a secure, end-to-end system

repositor y intended for later analysis

for storage, processing, and faster time

and needs the expertise of a dedicated

to data - driven insight s , according to

team to process and extract value for the

Microsoft.

organization. In contrast, data warehouses house data that is pre-structured and

While data lakes and data warehouses

processed, readily available for immediate

are similar in that they both store and

utilization,” says Diego Sánchez, Business

process data , they both have distinct

Director, Mabe.

characteristics. A data lake is versatile and flexible, capturing relational and non-

If a company decides to opt for a data

relational data from diverse sources like

warehouse, it will be able to undertake

business applications, mobile apps, IoT

smaller, more agile projects with quicker

devices, and social media, without the

execution. On the other hand, data lakes

need to structure the data beforehand.

are better suited for the execution of

This adaptabilit y suit s industries like

larger, more robust projects that promise

te l e c o m m u n i c a t i o n , h e a l t h c a r e , a n d

greater value to the company, albeit with

manufacturing, where data formats are

a slower pace, he added.

diverse and constantly evolving, according to Microsoft.

The implementation of an AI solution needs a well-defined strategy to enhance

Meanwhile, data warehouses only operate

data processing, particularly during the

in a relational way. Unlike data lakes, data

model’s training phase. As such, it is of

warehouses store treated and transformed

paramount importance for the specialized

data with a defined purpose, often used to

team to engage in meticulous data curation

source analytic or operational reporting.

to ensure that the model effectively aligns with the business’s strategic objectives, said Itzul Giron, Founder and CEO, Knowsy AI. This is meant to safeguard against the generation of irrelevant data, ensuring the model’s utility in the context of informed decision-making. “Data curation, the process of refining data to ensure its accuracy and usability, forms the bedrock of data science. It s e r ve s a s th e e s s e nti a l p re c u r s o r to extracting precise insights and building accurate models, thus empowering datadriven decision-making,” said Roberto Juarez, Sr. Systems Engineer, Nutanix. To implement these solutions accurately, experts recommend hiring an in-house data scientist who truly understands the business model and the leader’s vision to inform data governance and streamline the integration of the chosen AI model.


13

C o n fe r e n ce H ighlights Guidance holds paramount significance

“It is crucial to assess whether AI is truly

given the propensity of data stored in cloud

necessar y, pinpoint the right moment

warehouses and data lakes to descend

fo r i nte g r ati o n , a n d s e l e c t th e m o s t

into chaos and lose utility without a clear

appropriate AI category among the four

strategy. At present, most companies are

types: generic AI, AI machine learning, AI

grappling with gaps in expertise needed to

deep learning, or GenAI. The significance

realize their data-driven ambitions. Without

of determining the type of AI used, lies in

them, companies lack the capabilities to build

the particular emphasis of its pre-trained

data architectures capable of generating the

nature. While many companies currently

desired insights needed to optimize business

prefer machine learning or deep learning,

decisions. These qualifiers are meant to

fewer have truly explored GenAI,” said

precede the implementation of AI tools for

José Carlos Huescas, W W HPC and AI

data processing.

Product Manager, Lenovo.

DATA CENTER RESILIENCE, SAFEGUARDING BUSINESS CONTINUITY Continuity of data center operations is

safeguard against substantial economic

key for companies that depend on these

losses in times of crisis,” says Rogelio Garcia,

facilities, vital to the operation of digitally

Chief Data Center Officer, Grupo Salinas.

driven activities. However, companies have encountered significant challenges toward

Preserving data security and ensuring

successful operations, including budget

uninterrupted operations are of utmost

limitations, geographical constraints, and a

i m p o r t a n c e , w h i c h c a n b e a c h i eve d

shortage of tech expertise. To address these

by embracing a multifaceted strategy,

issues, industry experts suggest distributing

s ays D a río G a rcía , C h i ef Te c h n o l o g y

resources across multiple cloud platforms

Officer LATAM, ManpowerGroup LATAM.

is a key strategy for cost management

This approach should encompass the

and having a contingency plan to mitigate

integration of backup power supplies,

potential risks stemming from potential data

fail-safe connectivity options, and cutting-

center outages.

edge technologies, he contends. To further enhance resilience, companies are also

“Ensuring the seamless operations of a

broadening their data center footprint

data center is of paramount significance.

across various geographic areas in the

The utilization of additional power sources,

event of unforeseen disruptions like power

connectivity, and cutting-edge technologies,

failure, human error, and even climate

coupled with the strategic placement of

disasters. This geographical expansion

data centers across diverse geographical

acts as a crucial safeguard, bolstering

l o c atio n s , is a bso l ute ly c r u cia l . T h is

resilience against financial setbacks in

comprehensive approach serves as a critical

times of crises.


14

C o n fe r e n ce H ighlights management cannot be understated, as it lays the foundation for robust and reliable digital operations in an increasingly interconnected and data-driven age. “Choosing the right location and constructing efficient data centers is pivotal,” emphasized Benjamin Aguillón, Board Consultant, MEXDC. The primary guideline is clear: the optimal geographical location for a data center should always be in close proximity to the user base and tailored to the specific needs of the business. This principle now drives a new wave of data center establishment, ensuring that these essential nerve centers of information are strategically positioned to address the dynamic demands of both users and corporate operations. By being situated near users, data centers not only bolster the speed and efficiency of data transmission but also significantly enhance the overall user experience. Simultaneously, aligning the location of data centers with the ever-evolving needs of the business ensures “Strategically distributing services across

that companies can seamlessly adapt to

multiple cloud platforms is a vital component

shifting operational landscapes, thereby

of business resilience. Cloud architects and

increasing operational resilience in the face

trained professionals are at the forefront of

of technological change.

this strategic imperative,” says Óscar García, CIO, SmartPlus.

“Cutting-edge technology, latency, energy, and sustainability are paramount factors

The strategic allocation of assets across

that demand your full attention when

different cloud service providers is meant to

envisioning your data center,” said Josue

achieve equilibrium between economizing

Ramirez, Regional Director LATAM, IDCA.

expenses and guaranteeing constant accessibility of data assets stored in data

Nevertheless, it is imperative for businesses

centers. Consequently, cloud architects

to establish a well thought-out disaster

must meticulously evaluate the unique

recovery plan. Whether it is in response to

requirements of the company and assign

a natural disaster, a cybersecurity breach, or

resources correspondingly. This way, cost-

any other unforeseen event, having a robust

effectiveness and uninterrupted business

strategy to ensure the continuity of essential

operations can be achieved simultaneously.

services is key to a company’s resilience and long-term success.

However, site selection process is far from straightforward; it demands a comprehensive

Industry leaders agree that finding skilled

approach to accommodate the necessary

professionals has become an arduous task,

IT infrastructure. This includes critical

with 53% of data center operators currently

considerations such as power supply and

grappling with this daunting challenge. In

communication capabilities, which are

their collective insight, they emphasize

integral to establishing a professional and

that addressing this shortage is key to

resilient data center. The importance of

sustaining and propelling the data center

site selection in the world of data center

industry forward.


15

C o n fe r e n ce H ighlights

ADVANCING IOT ANALYTICS THROUGH EDGE-CLOUD SYNERGY The growing volume of data produced by

solution to reduce data latency, which

IoT devices requires applications capable

in tu rn c a n e n h a n ce re a l -tim e , d at a -

of monitoring and analyzing data flows,

driven decisions within organizations as

closer to the source to curb transmission

discussed with industry leaders at Mexico

late ncy. Th e integration of e dge a nd

AI, Cloud and Data Summit.

cloud technologies creates a powerful infrastructure, capable of bridging the

Edge

gap between the explosive growth of

infrastructure paradigm that empowers

computing

represents

an

I oT d at a a n d th e n e e d fo r re a l -tim e ,

devices to per form ex tensive data

data-driven insights, according to Juan

processing at the network ’s periphery.

Carlos Montero, Partner, Head of Digital

This approach offers the dual advantages

Technology Mexico, NTT Data.

of conser ving network resources, thereby reducing data traffic, latency,

“Real-time data processing at the edge

and associated costs. Conversely, cloud

guarantees immediate responses, while

computing provides organizations

cloud-based analytics provide predictive

with the capacit y to amass ex tensive

insights, enabling companies to not just meet

d at a re p osito rie s a n d co m p ut atio n a l

but surpass client expectations,” says Óscar

capabilities.

Parra, Managing Director, Genesys. The fusion of edge and cloud computing Network congestion caused by high traffic

assumes a pivotal role in amplifying the

or network overload can significantly

efficacy of real-time data processing for

increase data transmission latency

IoT analytics. This synergy minimizes the

between edge devices and cloud servers.

necessity for data transmission to the

This issue is a critical factor in various

cloud, affording a framework that fosters

a p p l i c a ti o n s , e s p e c i a l l y i n r e a l -ti m e

customer-centric strategies.

systems such as online gaming and financial trading platforms, where even small delays

“Edge computing empowers data analytics

can significantly impact user experience

by moving processing closer to the data

or financial transactions. In light of this,

source. It is not just about data; it is about

choosing servers that are geographically

real-time insights, facilitating smarter

closer to the source can serve as a viable

d e cisio n s ,” s ays S e b a s tiá n C a rm o n a ,


16

C o n fe r e n ce H ighlights it presents a complex and rapidly evolving task. The initial creation of a foundational algorithm and its subsequent adaptation require substantial effort and expertise. As intelligence within IoT systems continues to advance, the effective management of cloudbased communication becomes paramount. The evolution of artificial intelligence (AI), exemplified by the emergence of technologies such as chatbots, signifies a profound shift toward collaborative and creative roles, demanding a heightened degree of adaptability. Ignacio Madrid, Head of Data Management, Citibanamex, underscores the necessity of a holistic perspective on the IoT ecosystem, recognizing adaptability as a key imperative in a landscape where AI and automation are redefining traditional job functions. “In the era of AI, embracing new technologies and adapting to evolving roles is essential. AI has taken over tasks we could not have imagined before, allowing us to shift our focus toward collaborative and creative Global Vice President R&D Transformation,

endeavors. What was once inconceivable, like

Honeywell Technology Solutions Mexico.

AI-generated text, is now a reality. It is crucial to adopt an attitude of adaptability to thrive,”

Integrating IoT data into the cloud-edge

says Madrid.

co m p u ti n g f r a m ewo r k p o s e s s eve r a l significant challenges. Data integrity, a

The standardization of global operations

linchpin in this endeavor, revolves around

through the deployment of edge computing

three critical facets: devices, platforms,

brings about heightened efficiency in data

a n d co m m u n i c ati o n c h a n n e l s . I n th e

processing, particularly within the domain

context of IoT, the primar y challenge

of private networks. The integration of AI,

emerges in the assurance of data quality

such as ChatGPT, underscores the critical

for processing, particularly within the

importance of judicious utilization to optimize

context of hybrid wireless networks.

resource management and response times, especially when confronted with substantial

Ensuring that each of these pre-processed

data loads. Gabriel Fernández, Innovation and

data streams can seamlessly harmonize

IoT Director, AT&T Mexico, aptly highlights

with a central algorithm constitutes a

the significance of Low Power Wide Area

formidable challenge. The amalgamation of

Networks (LPWAN) in preserving battery

these elements is essential for achieving an

life and enhancing resource optimization for

integrated and comprehensive outcome, but

IoT devices.

STRIVING TOWARDS MATURITY: MEXICO’S DIGITAL LANDSCAPE Mexico finds itself at the crossroads of

the nation’s economic and technological

transformation, where the convergence of

trajectory. As Mexico strives toward digital

emerging technologies promises to reshape

maturity, it is essential to examine the trends


17

C o n fe r e n ce H ighlights

that are set to propel or challenge the

the organization can gather, process, and use

country’s digital economy in the coming years.

data to optimize operations. Because of this, the Mexican Internet Association and Knowsy

“Th e d i g i t a l l a n d s c a p e o f M ex i c o i s

propose the Identification Inter-Platform

c u r r e n t l y ex p e r i e n c i n g a s i g n i fi c a n t

Standard (IDMX), an initiative designed to

transformation . A s indicated by a

facilitate the accessibility of essential user

recent survey conducted by MEXDEC ,

data for corporations, enabling them to

a notewor thy 9 6 million citizens have

provide tailored products and services to

established internet connectivity. This vast

their clients.

online presence has unveiled a spectrum of diverse internet behaviors, spanning

The next step in digital development in

multiple generations,” says Itzul Girón,

Mexico is the introduction of Mission Focused

Founder and CEO, Knowsy.

Cognitive Agents. These are AI-powered data processing models that are able to sift

According to the MEXDEC survey 42.7%

through data inputs to streamline decision-

of internet users in Mexico spend between

making in a specific area. Developers create

seven and nine hours online, well above the

a cognitive agent with the abilities of a highly

global average of four hours. IThe survey

specialized person and, with the input of cured

shows a 45% increase in the development

data, they are able to suggest more efficient

of financial and banking apps, allowing

solutions. Nonetheless, to operationalize

more unbanked people to access financial

this endeavor effectively, a framework

services.

must be established to define the model’s agency, its mission, dependencies, and

In th e e - comm e rce ind ustr y,

32 % of

regulatory oversight.

Mexican users prefer shopping at physical stores, and 17.5% are not convinced by the

“The next step is multi-agent interoperable

offers presented online. This suggests that

communication, where multiple cognitive

data is not yet being effectively utilized to

agents are able to share information to

personalize offerings, highlighting a lack

f ur ther enhance the decision -making

of interoperability and data architecture,

process for corporations,” says Girón.

suggests Girón.

After that, in about five years, developers will be getting closer to General AI, which

Interoperability is key in any data strategy

possesses the ability to understand, learn,

within an organization so that every part of

and perform tasks in diverse domains.


18

C o n fe r e n ce H ighlights If the integration of AI-enhanced tools

supercharge Mexico’s GDP growth, potentially

like cognitive agents is successful, it could

taking it from 2.4% to 6.4%.

DIGGING DEEPER WITH TECHNOLOGY-DRIVEN DATA MINING As digital infrastructure continues to expand,

“Conducting continuous assessments is

organizations find themselves increasingly

fundamental in the realm of data management,

saturated with extensive data resources that

as failing to understand the present condition

are not being harnessed efficiently. Despite

of your operational systems can inevitably

these challenges.

lead data projects to failure,” said Tellez. A d d i t i o n a l l y, a p p l y i n g d a t a m i n i n g

“The exploratory nature of data mining allows IT specialists to unveil intricate patterns and trends within huge datasets”

Dante Tellez Director Data | Kubo Financiero

strategies without previous planning can also affect the quality of insights, as data strategies not adequately aligned with business objectives often fail to yield the expected results. “The vast computing capabilities offered by cloud platforms often leads to the temptation of employing brute

Nevertheless, data scientists must ensure

force methods upon the gathered

the quality and reliability of the data being

data , processing information without

analyzed, as inconsistent information can

discernment. Initiating an investment

lead to flawed conclusions and, consequently,

process without meticulous planning can

poor business decisions.

prove detrimental to business objectives,” stated Murillo. To avoid such issues, Juan

Data mining has become an essential

Manuel Andrade, Chief Data, Analytics

component for successful analytic initiatives

and Transformation Officer, Banco Azteca,

within organizations, enhancing decision-

recommends organizations to start by

making by providing executives with valuable

“distinguish[ing] between operational

insights. In fact, 69% of organizations are

and analytical loads to avoid complexities

looking to leverage data to enhance their

associated with data handling.”

operational efficiency, according to a Denodo study. However, “without quality data,

Beyond the known challenges associated

deriving valuable insights for capitalization

with data quality and strategy, data mining

becomes exceedingly challenging for

initiatives are also contingent on their

businesses,” adds Rodrigo Murillo, CDO,

effective communication and integration

Círculo de Crédito.

into the decision-making process. Téllez


19

C o n fe r e n ce H ighlights affirms that “an effective data strategy

Data Powerhouse, Danone. To address

becomes significantly simpler when it is

this collaborative challenge, Andrade

aligned with the company’s overall business

explains that “IT translators serve as an

strategy.” The capacity to explain the results

effective solution to ensure seamless

of these complex algorithms to stakeholders

communication between developers and

is paramount, albeit a significant challenge.

business executives.”

Nevertheless, companies must make an effort to “cultivate effective dialogue among cross-

Data has become a valuable business asset,

functional teams” to bolster the efficacy of

according to experts, enhancing business

data mining projects, explains Juan Carlos

decision-making and propelling operational

Balboa, Technological Transformation

efficiency forward. However, planning

Director, Vector Casa de Bolsa.

a unified business objective between IT specialists and executives is a significant

By extension, companies should be careful

challenge. Nevertheless, Murillo explains

to avoid conflicts within their IT team,

that “top executives are not concerned

which normally arises from deviating

a b o ut data’s p e r fe c tion; rath e r, th ey

interpretations and or understandings

prioritize its quality, ensuring it generates a

of their organizations’ objectives, says

return on investment or a tangible economic

Francisco Viana, CDO and Director of

benefit for the company.”

INNOVATION AND TECHNOLOGY IN THE BUSINESS DNA To maintain its market prominence amid

“From our fleet of delivery units to our

the accelerated evolution of Mexico’s retail

distribution centers and strategic partnerships,

and e-commerce industries, Grupo Coppel

we traverse a multifaceted landscape of

is strategically incorporating emerging

operations, each of these transactions leaves

technologies at the core of its business

behind a trail of data, which we are currently

DNA to continue driving innovation, explains

harnessing and exploring with the intricate

Ricardo Álvarez, National Manager, Grupo

web of our operations,” says Álvarez.

Coppel. This proactive approach has resulted in substantial investments in artificial

Grupo Coppel is committed to maintaining

intelligence and data analytics, with the

competitiveness in a rapidly changing

purpose of gaining a deeper understanding

market, where adapting to evolving customer

of its vast customer base and informing

demands and preferences is paramount.

business decisions.

What has significantly contributed to the company’s success in its evolving approach,

Grupo Coppel maint a in s a n ex te n sive

is its transition from a primarily application-

network of over 1,700 stores and more

centric model to one that prioritizes data

than 180 distribution centers, catering to

science at the forefront, explained Álvarez.

approximately 27 million active customers

This strategic shift entails a dedicated focus

across various segments, including

on democratizing data tools and fostering

c o m m e r c e , r e t i r e m e n t s av i n g s , a n d

a culture of creativity among its workforce.

banking. In their pursuit of operational

Data science teams have been established,

o p ti m iz a ti o n , e ffi c i e n c y, a n d m a r ke t

featuring a range of expertise, from editorial

exploration, the company has embarked on

to technically specialized roles.

a data-driven journey, expanding beyond traditional transaction and portfolio data to

“Coppel actively advises the construction

unearth new opportunities. Their strategic

of organizational suppor t struc tures ,

initiatives include the implementation of

including research centers and centers

machine learning models and chatbots at

of excellence, to facilitate technological

various customer touchpoints, aimed at

innovation,” says Álvarez. These initiatives

enhancing customer interactions.

e n a b l e t h e c o m p a n y t o e ff e c t i v e l y


20

C o n fe r e n ce H ighlights monitor retail trends and explore various

structures with a resolute focus on a

technological domains. Notably, their pursuits

customer-centric company strategy. However,

extend beyond data science as they venture

interoperability issues, privacy concerns,

into the realm of robotics. These initiatives

high implementation costs, and compliance

enable the company to effectively monitor

challenges continue to impede a seamless

retail trends and explore various technological

adoption of these technologies.

domains. Notably, their pursuits extend beyond data science as they venture into the

Despite these challenges, as Grupo Coppel

realm of robotics.

envisions the future, it anticipates the implementation of automated inventory

Furthermore, the company maintains a

management and personalized product

dedicated research center, focused on

creation through customer terminals. Their

exploring advanced research agendas,

ultimate objective is to systematically

which often involve atypical questions, such

disseminate knowledge and cultivate

as inventory balancing and dynamic pricing

creativity, firmly positioning data science

analysis. Coppel’s commitment extends to

and AI as long-term strategies, rather than

aligning data exploitation and automated

fleeting trends.

CONNECTING MEXICO BUSINESS: 5G, CLOUD AND EDGE As frictionless connectivity becomes a

transformations is poised to be profoundly

pivotal element for the operational efficiency

transformative. It promises to usher in

of digital businesses, 5G integration arises

enhanced business efficiency through

to ensure expedited data transfer for real-

streamlined production and automation, as

time interactions between companies

part of a growing portfolio of application use

and consumers. However, embracing this

cases. This outlook was confirmed by Fabián

cutting-edge technology is not without its

Monge, Country Manager, Ericsson Mexico,

challenges. Companies face the daunting

who noted that “two-thirds of envisioned

task of ensuring compatibility with 5G, which

5G use cases are still in the development

demands substantial investments in scalable

phase, underscoring the immense potential

and flexible network infrastructure.

at hand.”

In M exico, the anticipate d impac t of

While 5G networks are poised to spur

5G technology on companies’ digital

innovation, curtail operational failures, and


21

C o n fe r e n ce H ighlights elevate customer experiences, as explained

operations, effectively improving time-

by M o n g e , t h e r e a r e s t i l l n u m e r o u s

sensitive tasks and elevating the overall

unexplored applications. One of the most

quality of products.

exciting is in the predictive analysis of potential failure scenarios in organizations.

Looking ahead, as the adoption of

Traditionally, before 5G, this was a time-

I oT d ev i c e s c o n t i n u e s to s u r g e , t h e

consuming process, taking an average of

indispensability of 5G technology

two to three weeks to identify. However,

becomes increasingly evident. At pace,

“the connectivity provided by 5G enables

Ericsson’s research predicts that over

companies to leverage real-time data

24 billion interconnected devices will

capturing algorithms, reducing prediction

be operational by 2050. To ensure the

time from three weeks to 15 minutes,” says

sustained interoperability, frictionless

Monge. In short, the robust connectivity

connectivity will be paramount, directly

offered by 5G, provides companies with

a ff e c t i n g o p e r a t i o n a l e ffi c i e n c y a n d

t h e n e c e s s a r y b a n d w i d t h to d e p l oy

business continuity. However, the adoption

machine learning algorithms needed to

of this technology requires financial and

respond, adjust, and pivot their operations

infrastructure assessments to guarantee

as needed.

its effective integration, warned Monge.

In light of this potential, Monge emphasizes

Altogether, there is no doubt that 5G

that the integration of technologies like

technology is expected to transform the

5G and edge computing “must become

way in which we experience the world

a priority for companies carr ying out

around us. In fact, just as “the internet

co m p l ex o p e rati o n s th at n e e d to b e

democratized knowledge and information,

efficiently virtualized.” These technologies

extended reality powered by 5G will likely

play a pivotal role in streamlining cloud

democratize experiences by introducing

p ro ce s s e s a n d e n h a n c i n g p re d i c ti ve

n ew a l te r n a ti ve d i g it a l d i m e n s i o n s ,”

risk scenarios related to supply chain

predicts Monge.

EMBRACING OPEN SOURCE FOR SEAMLESS INTEGRATION The rapid proliferation and integration

can significantly hamper an organization’s

of emerging technologies has given rise

overall agility, efficiency, and adaptability.

to complex digital infrastructures where compatibility gaps impede the efficient

Open source offers a range of compelling

flow of data. As businesses expand and

advantages, but among them three chiefly

diversify, the need for seamless integration

stand out: standardization, flexibility and

bet we en IT tools becomes of critic al

expansion, explained Facundo Chambó,

importance, as a fragmented IT system

CTO, Homie. Open source fosters industry


22

C o n fe r e n ce H ighlights compatibility through the promotion of

direction. Collaborating within the open

open source standards. Nonetheless, open

source community brings forth a diverse array

source is flexible enough to be adapted to

of expert perspectives, enabling startups to

the unique business and operational needs

more effectively identify opportunities and

if needed. Moreover, since open source is

challenges, thereby charting a course for

continuously maintained and improved by

success in a fiercely competitive market. This

entire communities of developers, digital

broader perspective empowers startups to

expansion is facilitated. This advantage is

better comprehend issues and develop more

p a r ti c u l a r ly re l eva nt i n th e eve nt of

effective solutions. This includes addressing

shared-problems like sof t ware and

challenges like personalization, the insights

security issues, which will be addressed

from which can assist in adapting solutions

and corrected by an entire community of

more adeptly to customer needs and desires.

stakeholders instead of internal teams. While open source technology offers

“The inherent value of open-source technology is reflected in its remarkable adaptability. When utilized by businesses, it becomes a versatile toolkit for crafting customized solutions”

Facundo Chambóz CTO | Homie

remarkable flexibility and customization, organizations must exercise caution to avoid the pitfall of excessive customization. Overcustomization can lead to compatibility and maintenance issues as open source projects evolve and receive updates. It is crucial to strike a balance between tailoring the software to specific needs and ensuring the ability to benefit from community-driven updates. This equilibrium is key to fully leveraging the advantages of open source while safeguarding

For startups, open source technology

its long-term functionality. On the flipped

emerges as a pivotal asset. It offers burgeoning

side, there is the concern of dependency

enterprises the means to enter the tech arena

on the development community. In the

without bearing the substantial financial

event that a community becomes inactive

burdens often associated with proprietary

or an open source project is abandoned,

solutions, as noted by Rafael Verduzco, CTO

organizations relying on that technology

, Zendala. Through the utilization of open

may find themselves in a precarious position,

access to source code and the wealth of

highlighting the importance of careful

available resources, startups can craft top-tier

consideration and contingency planning in

products and services while circumventing

open source adoption.

onerous software licensing expenses. Moreover, the accessibility of open source’s In addition to the financial and time-saving

source code exposes it to potential security

advantages , open source technology

risks, as malicious actors can identify and

significantly enhances the decision-making

exploit vulnerabilities, says Juan Arturo

process for organizations. By granting

Dueñas, CIO, GM Mexico. To mitigate these

access to comprehensive data and in-

risks, it is imperative for companies and

depth analysis, companies can make more

developers to follow security best practices,

informed choices regarding their product

which include prompt implementation of

development, strategic planning, and overall

updates and security patches.

THE AI HORIZON: MAPPING YOUR INTEGRATION STRATEGY The strategic adoption of AI tools

Nevertheless, the hasty integration of AI

h a s e m e r g e d a s a c r u c i a l d r i ve r o f

technology without the prior establishment

competitiveness and efficiency, facilitating

o f w e l l - d e fi n e d b u s i n e s s o b j e c t i ve s

the digital transformation of enterprises.

a n d a co m p re h e n sive a s s e s s m e nt of


23

C o n fe r e n ce H ighlights

compatibility, can pose significant risks

“To ensure the successful integration of

to o p e r a t i o n a l i n te g r i t y a n d r e n d e r

AI, companies must know with absolute

substantial investments ineffective. A case

certainty the state in which the company’s

in point is the potential incompatibility

digital architec ture is in before eve n

of inadequate IT infrastructure with AI

beginning to plan to integrate enhancing

tools, resulting in formidable challenges

tools,” says Diego Halff ter, Chief Data

and elevated costs needed to correct

and Analytics Officer, Justo. A company

the integration of these technologies

cannot start evaluating the integration of

into systems.

AI-powered tools and models if it does not have clear business objectives. “The

“Mexico ranks fifth among the 12 countries

key to a successful AI solution resides in

that make up the Latin American Artificial

its ability to address well-defined needs.

Intelligence Index, with a score of 48.55

Artificial intelligence by itself is destined

against the regional average of 42.61. The

for failure,” he added. To achieve this, he

country shows a good performance in

recommends breaking down each step of

research, although the need to strengthen

the integration phase as much as possible

its infrastructure is evident,” says Carlos

so that AI implementation and its scale is

M a r c e l , M a n a g i n g D i r e c to r, Ky n d r y l

as seamless and organic as possible.

Mexico. “Even though [Mexico’s] ranking is high up in the region, there are still many

“Nevertheless,

conducting

a

opportunities to grow and to strengthen

co m p re h e n s ive co s t- b e n e fi t a n a lys i s

the technological ecosystem to allow AI

and measuring the return on investment

to really make a substantial difference in

is indispensable to ensure that

its competitiveness,” he explained to MBN.

AI implementation aligns with an o r g a n i z a t i o n ’ s fi n a n c i a l o b j e c t i v e s

B usinesses looking to leverage AI -

and&or limitations,” says Marco Antonio

powered tools are constantly looking to

Hernández, CDO, PROSA.

enhance their operational efficiency. By harnessing this technology, organizations

“ T h e c o m p re h e n s i ve d o c u m e n t a ti o n

c a n e ff e c t i v e l y s t r e a m l i n e i n t e r n a l

of the organization’s requirements, the

processes, automate repetitive tasks, and

reason for implementation—such as cost

optimize resource utilization. Furthermore,

reduction and time efficiency—and a well-

by customizing interactions, anticipating

defined timeline for expected outcomes

customer needs, and enhancing service

is imperative,” said Ignacio Madrid, Head

qualit y through AI - driven insight s ,

of Data Management, Citibanamex.

b u sin e s se s c a n sig n i fi c a ntly im p rove

This approach ensures alignment with

c u s to m e r ’s e x p e r i e n c e a n d g a i n a n

use r re q uire m e nt s a n d exp e c tatio ns .

advantage over competitors.

The process, he elaborated, should be


24

C o n fe r e n ce H ighlights underpinned by robust data governance

Another key factor to ensure successful AI

frameworks, wherein the Chief Data Officer

implementation is the interconnectedness

ensures data quality and curation, while

of the different areas within an organization.

the Chief Analytics Officer identifies use

Alfredo Pequeño, Director of Payment

cases that deliver tangible value through

Methods and Data, BanRegio, underscored

data-driven insights. This will ensure that

the essential nature of collaboration and

investments are inextricably linked to the

cohesion when integrating AI solutions.“It is

specific use cases, a strategy that promises a

useless if only the CDO or CAO are aware of

more accurate allocation of resources and a

what the analytic model is doing, because

more optimal path to ensuring ROI.

data and decision-making touch every single branch of an organization. No man is an

“Maintaining a simple, yet clear approach to

island, so every person involved must have

the case of use and business objectives for

a clear idea of what the goal and expected

AI-powered tools is key for the most effective

results are.”

implementation of this technology,” said Pablo Guzzi, Chief Data and Analytics Officer,

I n th e f u tu re , w h e n co m p a n i e s h ave

Ualá. Simplifying complex data into clear and

successfully integrated these solutions into

unambiguous metrics allows for development

their processes, there will be a redefinition

of lucid and straightforward solutions that

of organizational structures, according to

are valuable for the company. Furthermore,

Justo’s CDO. As businesses evolve with

adopting a forward-thinking perspective, with

these types of technology, those who

an eye on large-scale deployment, prioritizes

have the skills to carry this out will be the

scalability from the inception of their AI

leaders. “Today’s CDOs will be the CEOs

journey. This approach, he suggested, not

of the future, as today’s skills will be the

only fosters innovation but also paves the way

skills needed for tomorrow’s companies,”

for sustained competitiveness.

he concluded.


www.mexicobusiness.mx


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