A data lake becomes a data swamp in the absence of comprehensive data quality validation and does not offer a clear link to value creation. Organizations are rapidly adopting the cloud data lake as the data lake of choice, and the need for validating data in real time has become critical. Accurate, consistent, and reliable […]
What Are Machine Learning Algorithms?
A subfield of artificial intelligence, machine learning (ML) uses specific algorithms to analyze datasets and predict outcomes. These algorithms are known as machine learning algorithms. Initially, AI made use of rule-based algorithms – strict systems that used information that was already hard-coded into the system. It wasn’t a flexible approach and could not learn and adapt to new information […]
11 Enterprise AI Trends to Know
AI adoption continues to expand across the globe, with Gartner predicting that organizations over the next five years will “adopt cutting-edge techniques for smarter, reliable, responsible and environmentally sustainable artificial intelligence applications.” And as the industry matures and machine learning (ML) models become cheaper, faster, and more accessible, every enterprise will be looking at how and where the technology may […]
What Can Artificial Intelligence Do for Me? (Part 2)
In my previous blog post, I described some concrete techniques and surveyed some early approaches to artificial intelligence (AI) and found that they still offer attractive opportunities for improving the user experience. In this post, we’ll look at some more mathematical and algorithmic approaches to creating usable business intelligence from big piles of data. Regression Analysis Regression […]
AI in Health Care: Trends and Challenges in 2022
Around this time last year, the 2021 AI in Healthcare Survey was released. The results showed growth in natural language processing (NLP), clinicians becoming primary users of AI technology, and a preference for companies using their own data to validate models, among other findings. And while the results didn’t change significantly from last year, there […]
What Are AI APIs, and How Do They Work?
An application programming interface (API) is a powerful technology and a growing concept in the software development sphere. It can be used in a variety of business functions and in applications that we regularly use. We frequently hear about APIs, but most of us don’t realize that they have become more prevalent in our daily […]
What Insurers Need to Know About the Risks of AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are continuing to transform the insurance industry. Many companies are already using it to assess underwriting risk, determine pricing, and evaluate claims. But if the proper guardrails and governance are not put into place early, insurers could face legal, regulatory, reputational, operational, and strategic consequences down the road. […]
How to Prepare Data for AI and ML
Regardless of how clever the machine or how brilliant the algorithm, the success of intelligence-based solutions is intrinsically tied to the quality of the data that goes in. That’s why, aside from its people, data is the most important thing an organization owns. Data must be the first stop on the journey to implementing artificial […]
How to Start Using AI at Your Company
So you want to start using AI at your company. Now what? First, evaluate if it has an appropriate place in your company. Many organizations hire a data scientist or an entire AI team with an anticipation of a fast, massive, magical gain. Even though by now most people realize that these expectations are naive, […]
When It Comes to Data Quality, Businesses Get Out What They Put In
Imagine you’ve invited your boss over for a dinner party to try to show off your culinary skills (and perhaps get a promotion). The stakes are high, so you search the web and find the most revered chicken parmesan recipe around. At the grocery store, it is immediately clear that some ingredients are much more […]