AI is a new buzzword but there has been a lot of talk around analytics and prospects over a decade. Here we present a perspective that AI is a continuum of Analytics
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Different approaches in Data Science and analytics have been originated in the field of statistics.
AI has emerged on the other hand out of computer science as a practice and science of studying "intelligent agents".
The way is to treat AI as extending conventional analytics with a…Continue
Added by Mahesh Kumar CV on May 4, 2019 at 9:28am — No Comments
Artificial intelligence (AI) seemingly has been discussed everywhere over the last few years, and now it’s made its way into the commercial insurance industry. Organizations are using AI and machine learning for everything from streamlining operations to offering more personalized care and better customer service. There is an increasing sense of urgency about getting started on the AI journey. The question is how. Do they develop a custom solution in-house or purchase a third-party solution…Continue
Added by Ji Li on May 2, 2019 at 3:00pm — No Comments
Summary: Communicating with your Board of Directors about AI/ML is different from conversations with top operating executive. It’s increasingly likely your Board will want to know more and planning that communication in advance will make your presentation more successful.
Added by William Vorhies on April 29, 2019 at 9:35am — No Comments
Summary: Based on a McKinsey study we reported that 47% of companies had at least one AI/ML implementation in place. Looking back at the data and the dominance of RPA as the most widely reported instance makes us think that the number is probably significantly lower.
We’ve all experienced the great data rush as companies push to use analytics to drive business decisions. After all, the proliferation of data and its intelligent analysis can change entire company trajectories. But to make the quintillions of data created each day truly useful, as well as all that has come before, it must be understandable to an artificial intelligence (AI) system.
Dealing with numbers is one thing, but human language is…Continue
Added by Rosaria Silipo on March 18, 2019 at 7:41am — No Comments
Summary: In the literal blink of an eye, image-based AI has gone from high cost, high risk projects to quick and reasonably reliable. C-level execs looking for AI techniques to exploit need to revisit their assumptions and move these up the list. Here’s what’s changed.
For data scientists these are miraculous times. We tend to think of miracles as something that occurs instantaneously but in our world that’s not quite so. Still the rate…Continue
Added by William Vorhies on March 4, 2019 at 9:41am — No Comments
Data Science is a combination of data inference, algorithms, and technology that solves complex problems. The core of this technology is data that is initially raw, then is streamlined, and stored in a data warehouse. These vast amounts of data can help generate significant business values.…Continue
Added by Amit Dua on March 3, 2019 at 8:30pm — No Comments
Artificial intelligence has been fascinating to the human imagination since the term was first used by the first science fiction writers.
The roots of the concept of "artificial intelligence" must be sought deep in the ancient world, where folklore, legends and myths in almost every culture spoke of artificially created creatures endowed with supernatural intelligence, consciousness or other human qualities. The only factor uniting the myths of the whole world is that artificial…Continue
Added by Melissa Crooks on February 27, 2019 at 12:42am — No Comments
Summary: Adoption of AI/ML by larger companies has more than doubled since last year according to these survey results from McKinsey and Stanford’s Human-Centered AI Institute. This new data gives us a much better idea of which global regions and which industries are adopting which AI/ML techniques.
Added by William Vorhies on February 25, 2019 at 9:00am — No Comments
Some months ago, booking.com joined the ginger group of brands to combine artificial intelligence (AI) with mobile to get a headsup in anticipating a customer’s purchase intent.
Booking.com app users now not only receive instant booking access to a destination with a single QR code but also get…Continue
Added by Hemant Warudkar on January 22, 2019 at 9:05pm — No Comments
Summary: The world of healthcare may look like the most fertile field for AI/ML apps but in practice it’s fraught with barriers. These range from cultural differences, to the failure of developers to really understand the environment they are trying to enhance, to regulatory and logical Catch 22s that work against adoption. Part 3 of 3.
Summary: Despite hundreds of projects and thousands of data scientists devoted to bringing AI/ML to healthcare, adoption remains low and slow. A good portion of this problem is our own fault for failing to see the processes being disrupted through the eyes of the physician users. Here we lay out the healthcare opportunity landscape but for data scientists following classical disruption strategies, it may be more of a minefield. Part 2 of…Continue
Added by William Vorhies on January 14, 2019 at 8:00am — No Comments
Summary: If you want to understand the promise of AI/ML in healthcare you need to see it through the eyes of physicians, the ultimate users. Turns out these folks aren’t the rapid adopters you’d think they’d be and the problem is largely with the way data scientists have tried to implement. Part 1 of 3.
In the late 1990s, AI rose to prominence. In 1997, IBM's Deep Blue…Continue
Summary: Here are our 5 predictions for data science, machine learning, and AI for 2019. We also take a look back at last year’s predictions to see how we did.
Added by William Vorhies on December 17, 2018 at 8:50am — No Comments
Summary: We’re rapidly approaching the point where AI will be so pervasive that it’s inevitable that someone will be injured or killed. If you thought this was covered by simple product defect warranties it’s not at all that clear. Here’s what we need to start thinking about.
Summary: Sales is supposed to be an area that is more immune to replacement by AI than many others because of the high level of impromptu and improvisational human contact required. That remains true. But AI is showing that it can be a valuable augment to B2B sales and some early adopters are scoring big gains.
Added by William Vorhies on December 4, 2018 at 9:59am — No Comments
Summary: There are two definitions currently in use for AI, the popular definition and the data science definition and they conflict in fundamental ways. If you’re going to explain or recommend AI to a non-data scientist, it’s important to understand the difference.
For a profession as concerned with accuracy as we are, we do a really poor job at naming things, or at least being consistent in the naming. “Big Data” – totally misleading…Continue
Added by William Vorhies on November 27, 2018 at 8:23am — No Comments
Summary: Looking for your next job in an early stage company but want to make sure your startup has staying power. Follow the expert rankings by CB Insights that also show us the changing trends in how AI startups should be focusing their offerings.
Added by William Vorhies on November 5, 2018 at 4:18pm — No Comments
Summary: Even if you’re not big enough to have a full blown data science group that shouldn’t hold you back from benefiting from AI. The market has evolved so that there are now industry and process specific vertical applications available from 3rd party AI vendors that you can implement. There are just a few things to look out for.
Added by William Vorhies on October 23, 2018 at 7:30am — No Comments