Analytics technology is becoming integral to the field of finance. The market for financial analytics services is projected to be worth over $11 billion within the next five years. Analytics is particularly important for developing strategic financial management policies. Strategic Financial Management or strategic finance is a process to help a company’s finances. It sounds easy but can be very time-consuming. Fortunately, companies can use analytics technology to streamline many of these processes and handle them more efficiently.
Artificial intelligence can be very important for online marketing. A growing number of marketing professionals are finding new ways to utilize AI to expand their reach. One of the most important ways that marketers can benefit from AI is with search engine marketing. It is important to understand the role that AI is playing with new search engine algorithms. Google is constantly using new machine learning updates to change the way that it assigns SERPs.
If you make decisions based upon averages, at best, you’ll get average results” During the 1950s, United States Air Force pilots were having trouble controlling their planes. The problem turned out to be the cockpit, or more specifically, the fact that the cockpit had just one design: one designed for the 1920’s average pilot. The Air Force concluded that they simply needed to update their measurement of the average pilot, adjust the cockpit accordingly, and the pilot handling troubles would go away.
It’s no riddle that identity fraud has become one of the greatest challenges for online corporations. As stated by the report on identity scams, there were 15.4 million innocents of crimes associated with identity scams and theft in 2020 only. Therefore, as online payments rise due to the COVID-19, the number of malicious activities and data breaches and the occurrences of cyber attacks are also rising. Therefore, online identification document scanning solutions are becoming rising prevalent and common.
The market for big data is expected to be worth $274 billion by next year. This is hardly surprising, since so many businesses depend on data analytics to draw useful insights on every aspect of their business model. Analytics is one of the most powerful tools that modern businesses possess. Any business that is ready to embrace data analytics will have access to a wealth of information on their industry, customer base, competitors and more.
Artificial intelligence has had a dramatic impact on the efficiencies of daily human tasks as well as complex intellectual tasks that require substantial human intelligence. AI is taking over the automotive industry as well, handling the reins in every department ranging from designing and manufacturing cars to car maintenance, safety, and AI-enabled cockpits. Self-driving cars like 2021 Tesla Model S are now a reality, thanks to the rapid advancements in AI technologies over the years.
As Covid-19 continues to shape the global economy, analytics and business intelligence (BI) projects can help organisations prepare and implement strategies to navigate the crisis. According to the Covid-19 Impact Survey by Dresner Advisory Services, most respondents believe that data-driven decision-making is crucial to survive and thrive during the pandemic and beyond. This article provides a step-by-step overview of the typical data science project life cycle, including some best practices and expert advice…
For all the photographers out there who haven’t mastered the art of the steady hand: this one’s for you. Researchers at Duke University in North Carolina have applied an AI-based solution to touching up blurry photographs, creating a program capable of touching up blurry faces into an image sixty times sharper. It’s not going to turn you into an artist, but it could work wonder on your holiday snaps! The Duke team’s system is called PULSE, standing for Photo Upsampling via Latent Space Exploration.
Big data analytics has already had a transformative influence across a wide range of sectors, and it’s perhaps no more prevalent than in the world of healthcare. With the sheer volume of information that patients are capable of producing and the heightened emphasis on the industry in the wake of the COVID-19 pandemic, big data may yet develop into one of the most significant tools in maintaining the health of individuals and even anticipating the emergence of conditions that are yet to manifest in patients…
Artificial Intelligence (AI) is one of the main weapons by which companies or medium-sized corporations can combat numerous cyber threats successfully. According to Warren Buffet, “Cyber-attack is the biggest threat to mankind, even more of a bigger threat than the nuclear weapon.” Therefore, organizations should consider applying the concepts of AI within their workplaces if they want to prosper in the future without compromising their digital anonymity. Continue reading this post to know what is AI and how it is transforming cybersecurity for all the right reasons…