Michael Proksch

Michael Proksch, PhD is a distinguished Chief Scientist, Adjunct Professor, Author, and Conference Speaker renowned for his profound expertise in driving business value through Data and AI solutions. With an illustrious career spanning Fortune 2000 organizations across Europe, Asia, and the US, Michael has established himself as a sought-after industry expert and thought leader in the fields of AI strategy, data science, and transformation. Holding a Ph.D. in Economics from Kiel University and an MBA from Leipzig University, Michael combines scholarly rigor with practical acumen to deliver innovative solutions that transcend organizational hierarchies and functional silos.

As Chief Scientist at AccelerEd, Michael spearheads the development of cutting-edge education technology products, contributing to the mission of maintaining the affordability and quality of education for adult learners globally. Moreover, as the Founder of NEXIRO, he provides invaluable AI Value Creation Mentoring, drawing from his forthcoming book, "The Secrets of AI Value Creation," co-authored with esteemed colleagues Nisha Paliwal and Wilhelm 'Wil' Bielert, PhD. Michael's commitment to excellence, coupled with his diverse academic and professional background, positions him as a transformative leader driving the evolution of AI and data-driven strategies in organizations worldwide.

Michael Proksch, PhD, is a distinguished figure in the realm of AI transformation and advanced analytics. With a career marked by pioneering contributions and academic excellence, Michael has left an indelible mark on the fields of economics, data science, and business strategy.

Born with an innate curiosity for understanding human behavior and its economic implications, Michael embarked on his academic journey by obtaining a Ph.D. in Economics from Kiel University. His early research focused on motivational psychology and behavioral economics, laying the foundation for his later work in AI value creation and business transformation.

Throughout his career, Michael has held various academic positions at renowned universities in Australia, Asia, and Europe, where he not only conducted groundbreaking research but also imparted knowledge to the next generation of scholars. As an adjunct faculty member, Michael's passion for teaching and mentorship became evident, shaping the minds of future leaders in the field.

In parallel to his academic pursuits, Michael delved into the practical application of his expertise in the corporate world. He held pivotal roles in leading analytics and AI initiatives for Fortune 2000 companies across the globe, including the USA, Europe, and Asia. As a Chief Scientist, Director of Data Science, and Head of AI Customer Transformation, Michael spearheaded numerous projects, leveraging his unique blend of academic rigor and industry experience to drive innovation and create tangible business value.

The book "The Secrets of AI Value Creation: Practical Guide to Business Value Creation with Artificial Intelligence from Strategy to Execution" by Michael Proksch, Nisha Paliwal, and Wilhelm Bielert is set to be published in February 2024.  "The Secrets of AI Value Creation: Practical Guide to Business Value Creation with Artificial Intelligence from Strategy to Execution" authored by Michael Proksch, Nisha Paliwal, and Wilhelm Bielert offers a comprehensive roadmap for organizations seeking to unlock the full potential of artificial intelligence (AI) in driving business value. Drawing from their extensive experience in AI strategy and implementation, the authors provide practical insights and strategies to navigate the complexities of AI adoption, from conceptualization to execution. Through concrete examples, real-world case studies, and a comprehensive framework, the book equips managers, executives, and professionals with the tools they need to leverage AI effectively within their organizations.

Michael Proksch envisions a future where the integration of advanced analytics and artificial intelligence revolutionizes industries worldwide, driving unprecedented growth and innovation. With a keen focus on leveraging data-driven insights, he advocates for a paradigm shift towards proactive decision-making, where businesses anticipate market trends and consumer behavior to stay ahead of the curve. Michael's vision encompasses the democratization of data literacy, empowering organizations of all sizes to harness the power of big data and analytics to drive tangible business outcomes.

Furthermore, Michael Proksch is committed to fostering a culture of continuous learning and collaboration, where interdisciplinary teams collaborate seamlessly to tackle complex challenges and drive meaningful change. He envisions a future where technological advancements are harnessed not only for economic prosperity but also for the betterment of society as a whole. By championing ethical and responsible AI practices, Michael aims to ensure that technological progress is guided by principles of fairness, transparency, and inclusivity, ultimately leading to a more equitable and sustainable future for generations to come.