Imagine a lively session at the Raymond James Innovation Insights Series. The topic is neuromorphic computing and the air crackles with excitement. Dr. Melvin Greer, Intel Fellow, and Chief Data Scientist provides a technical overview and its potential application to wealth management and financial services. Dr. Greer explains that Intel’s work in neuromorphic computing is basic research and while many governments, enterprises, and national labs are involved in this important research, there are no concrete plans to commercialize the neuromorphic capability. During the lively Q&A, a participant throws a curveball: "Why invest in innovation via R&D with no plans to commercialize anything?"
Dr. Greer uses it as an opportunity to paint a compelling picture of Intel’s commitment to long-term growth and leadership. His response weaves three key points into a powerful narrative:
- Innovation is Intel’s Foundation:
- Dr. Greer notes that from Gordan Moore, Andy Grove to Pat Gelsinger, innovation has been foundational to Intel’s work. He emphasizes that innovation is not just a department, it's the organization's DNA. From its core values to its daily operations, everything revolves around pushing boundaries and exploring new possibilities. This establishes innovation via R&D as the cornerstone of Intel’s success and future potential.
- Customers are Drawn to Learning:
- Dr. Greer shifts the focus to the customer, explaining that people don't just buy products, they invest in a vision. Customers choose Intel not just for its current offerings, but for its commitment to continuous learning and pushing the boundaries of what's possible. By showcasing groundbreaking innovation via R&D, even without immediate commercialization, Intel demonstrates its dedication to solving future problems and exceeding customer expectations.
- Intel Shapes the Future through Innovation:
- Dr. Greer connects the dots, painting a picture of innovation as an investment in the future. He explains that by exploring uncharted territories in neuromorphic computing today, Intel is strategically positioning itself to be a leader in the next-generation AI solutions of tomorrow. He shares that innovation actively shapes the market, ensuring Intel remains relevant and impactful in the ever-evolving AI landscape.
Dr. Greer leaves the audience with a sense of admiration for Intel’s forward-thinking vision and commitment to progress. His message resonates with key customers like Raymond James who also highly value innovation. Raymond James innovation led by Kemal Kvakic, is pushing boundaries. Each year, Raymond James continues to build a stronger innovation mindset across the firm, particularly through events like this. The key emphasis on shaping the future positions Intel and Raymond James as thought leaders and key players in driving innovation for positive change.
Dr. Melvin Greer is an Intel Fellow and Chief Data Scientist, Americas, Intel Corporation. He is responsible for building Intel’s data science platform through graph analytics, machine learning, and cognitive computing. His systems and software engineering experience has resulted in patented inventions in Cloud Computing, Synthetic Biology, and IoT Bio-sensors for edge analytics. He is a principal investigator in advanced research studies, including Distributed Web 3.0, Artificial Intelligence, and Biological Physics. Dr. Greer serves on the Board of Directors, of the U.S. National Academy of Science, Engineering, and Medicine. Dr. Greer has been appointed and serves as Senior Advisor and Fellow at the FBI IT and Data Division. He is a Senior Advisor at the Goldman School of Public Policy, University of California, Berkeley, and Adjunct Faculty, at the Advanced Academic Program at Johns Hopkins University, where he teaches the Master of Science Course “Practical Applications of Artificial Intelligence”.