Project type: Bridge Project
Business Transformation and Organisational AI-based Decision Making
Business processes in private companies and public organisations are today widely supported by Enterprise Resource Planning, Business Process Management and Electronic Case Management systems, put into use with the aim to improve efficiency of the business processes.
The combined result is however often an increasingly elaborate information systems landscape, leading to ineffectiveness, limited understanding of business processes, inability to predict and find the root cause of losses, errors and fraud, and inability to adapt the business processes. This lack of understanding, agility and control over business processes places a major burden on the organisations. For instance, a recent report concludes that the Danish Ministry of Taxation’s control of the state’s annual revenue of one trillion DKK is so “deficient and weak” that there is a clear “increased risk” that employees can cheat and abuse for their own gain in the same style as the recent Britta Nielsen and Armed forces cases.
Enterprise systems generate a plethora of highly granular data recording their operation. Machine learning has a great potential to aid in the analysis of this data in order to predict errors, detect fraud and improve their efficiency. Knowledge of business processes can also be used to support the needed transformation of old and heterogeneous it landscapes to new platforms. Application areas include Anti-Money-Laundering (AML) and Know-Your-Customer (KYC) supervision of business processes in the financial sector, supply chain management in agriculture and foodstuff supply, and compliance and optimisation of workflow processes in the public sector.
July 1, 2021 – December 31, 2025 – 3,5 years
Total budget DKK 16,77 million / DIREC investment DKK4,95 million
University of Copenhagen
Department of Computer Science
Copenhagen Business School
Department of Digitalization
Founder & CEO