Cybersecurity is increasingly leaning towards artificial intelligence (AI) to help mitigate threats because of the innate ability AI has to turn big data into actionable insights. Rightly so, because the threat to data security is real, and across all industries. For instance, while there were fewer than 50 million unique malware cases in 2010, the number had […]
How Transformer-Based Machine Learning Can Power Fintech Data Processing
Machine learning (ML) has enabled a whole host of innovations and new business models in fintech, driving breakthroughs in areas such as personalized wealth management, automated fraud detection, and real-time small business accounting tools. For a long time, one of the most significant challenges of machine learning has been the amount and quality of data […]
How E-Commerce Companies Use AI to Power Their Sales
Click to learn more about author Hardik Shah. AI-enabled computer programs can think, learn, and act in particular situations as humans do. When these intelligent programs are applied to machines, they can understand and improve without human intervention. E-commerce is one such everyday use case where merchants are increasing their sales by leaps and bounds […]
How Augmented Analytics Will Change the Analytics and BI Workflow
Click to learn more about author Kaycee Lai. As analyst and journalist Bernard Marr put it, “Without data scientists on staff or available to interpret data and turn the intel into solid business activity, the benefits of data could remain unlocked.” Augmented analytics promises to improve the ability of organizations to derive benefits from data by: Taking more […]
The Future of AI: Assistance with Voice-to-Text Translation
Click to learn more about author Rachel Roumeliotis. Artificial intelligence (AI) is now powering conversational commerce in retail, increasingly using chatbots to streamline and improve customer service. This can help with everything from answering customer queries and resolving issues to helping sell more merchandise through product recommendations. Voice-to-text translation is a crucial part of this […]
Data Science and AI Use Cases
A business use case is generally defined as a sequence of business actions that lead to a predetermined, value-added outcome. Data Flair shares the Top 6 Data Science Use Cases slated to bring in another industrial revolution. From banking to transportation in the physical business world, and from social media to e-commerce on the digital business […]
How to Leave Your BI Dashboards Behind and Discover Real Insights
Click to learn more about author Ajay Khanna. There is currently a massive insights gap caused by silos between business intelligence (BI) dashboards and machine learning (ML) and AI tools that is preventing organizations from capturing new business opportunities hidden in their data. According to a study from the Boston Consulting Group and MIT Sloan Management Review, […]
What Is Cognitive Computing?
Cognitive computing, a subfield of artificial intelligence, simulates human thought processes in machines using self-learning algorithms through data mining, pattern recognition, and natural language processing. These artificial environments rely on deep learning algorithms and neural networks to process information by comparing it to a teaching set of data. By mimicking human thought processes, computers help people […]
AI Hype vs. Reality: Consumer and Creator Attitudes Toward Smart Technology
Click to learn more about author Rachel Roumeliotis. The hype around artificial intelligence (AI) has grown significantly over the years. While the technology has been a major topic in the boardroom and a prominent headline in business and trade press, that’s only half of the equation. Let’s not forget, AI has been a pop culture […]
Where Is AI-Driven Voice Technology Going in the Next Decade?
Click to learn more about author Jan Pešán. Enterprise software use has skyrocketed since the start of the coronavirus pandemic. We’ve learned to replace meetings with Zoom, conduct interviews via webcam, and hold our watercooler chats over Teams, but we’ve also discovered the many ways that our technologies can still improve. As with most black […]