Clinical trials are critical in developing and approving new medical treatments and technologies. These trials generate massive data that needs to be managed efficiently and accurately to ensure patient safety and successful research outcomes. The good news is that advances in AI and automation technology, such as AI-based data extraction, virtual clinical trials, and predictive analytics, […]
AI and Privacy: Navigating the Intersection of Technology and Personal Data
The rapid adoption of generative AI in the business world is transforming the way we work and improving our ability to engage with customers, streamline internal processes, and drive cost savings while introducing unprecedented challenges to the protection of individual privacy. As AI technologies continue to evolve and permeate various aspects of our lives, concerns about data […]
Why Embedded Innovation Is Key to Digital Transformation
“Digital transformation” is the hottest phrase of 2023, encapsulating everything from supply chain disruptions to the AI gold rush. It’s the challenge companies are undertaking to make sure they keep pace with today’s rapidly evolving technology and interconnected digital world. For business leaders, the biggest focus is on making sure their internal processes are intertwined […]
Mitigate Real Risks: Create Ethical, Responsible AI
AI is everywhere, and it is growing. In a 2022 edition of an annual global AI survey, a leading consulting firm found that adoption among enterprises had more than doubled in five years, with about 50% of respondents using it in at least one business unit or function. Thirty-two percent of enterprises reported cost savings […]
Overcoming Eight Data Literacy Barriers
Leaders want “everyone, everywhere, and all at once to become highly data-literate, demonstrate a high capability to read, work with, and analyze data,” says Dr. Wendy Lynch, founder of Analytic-Translastor.com and Lynch Consulting. As a consultant to numerous Fortune 100 companies, she understands why organizations want all their members to have a high level of Data Literacy. […]
What Is a Feature Store in Machine Learning?
A feature store is a centralized platform for managing and serving the features used in machine learning (ML) models. A feature is an individual measurable property or characteristic of data that is used as input to an ML model. In order to build effective ML models, it is critical to have high-quality, well-engineered features that […]
Companies Must Have Guardrails in Place When Incorporating Generative AI
At the time of reading this, you’ve likely heard of ChatGPT and/or generative AI and its versatile conversational capabilities. From asking it to draft cohesive blog posts, to generating working computer code, all the way to solving your homework and engaging in discussing world events (as far as they happened before September 2021), it seems […]
What Will the Future of the AI and Machine Learning Industry Look Like?
AI applications catering to the mass public are moving towards larger-scale use for enterprises, as big tech companies try to get into this new technology. As the use of AI proliferates in the future, tremendous amounts of computing power from cloud service providers are needed to operate these AI applications and unleash more of their […]
Data Explainability: The Counterpart to Model Explainability
Today, AI and ML are everywhere. Whether it’s everyone playing with ChatGPT (the fastest adopted app in history) or a recent proposal to add a fourth color to traffic lights to make the transition to self-driving cars safer, AI has thoroughly saturated our lives. While AI may seem more accessible than ever, the complexity of AI models has increased exponentially. AI models fall […]
Multi-Cloud in the World of AI
ChatGPT has emerged as a groundbreaking innovation, taking the collective imagination of technologists by storm, and promising to revolutionize how humans and machines interact. Companies and developers worldwide are harnessing the power of ChatGPT. Many applications are in heavy development, and it has quickly become an essential component of the artificial intelligence (AI) ecosystem. The […]