Optimal Dynamics uses AI for Driver Safety, GPS Tracking, and ELD Compliance to manage your fleet. All in one place.
Read MoreOptimal Dynamics nabs $22M for AI-powered freight logistics
Tag: AI Business
The 3 most important Project Management Methods in Data Science
Artificial Intelligence project creation methods, Scrum, using Kanban boards, and BEAM for Agile Dimensional Modeling.
Read MoreWomen are essential to the development of AI and Data Science
The world of technology offers both women and men a wide variety of opportunities. Despite their superior qualifications, women are significantly underrepresented in Artificial Intelligence and Data Science today. Instead of rising to managerial and C-suite positions, they are more likely to quit their employment.
Read MoreCron AI, adaptive 3D data edge startup raises $4M in Series A funding
Cron AI, using artificial intelligence and machine learning in building a 3D Data Edge perception platform.
Read MoreAlgorithmic Trading with Artificial Intelligence: In Defense of the US Dollar
About 3,500 publicly listed companies can trade in the US Stock Market, but more than 80% of the daily price moves are algorithmic. Financial trading has evolved as a traditional brain-driven rationalism to a data-driven empiricism. Below I walkthrough a thorough justification of selecting the US Dollar for Algorithmic Trading with Artificial Intelligence because the reserve currency of the US Dollar is widely misunderstood. Let’s first begin with operational definitions.
Read More5 Ways AI is Improving Supermarkets
COVID-19 is ruthlessly shaping ordinary stores into supermarkets of the future. They must accommodate all the new grocery shopping trends from panic-buying to delivery and pickup options, all with disrupted supply chains. Grocery retailers are responding differently. Some are cutting back on the number of products they sell, some are skipping distributors and contacting product manufacturers directly, and some are giving their brick-and-mortar stores a complete digital overhaul. No matter which line of action your company has selected, AI retail solutions will enhance your operations significantly.
Read MoreNike uses AI to directly sell to Customers, others will ‘Just Do It’ soon
Celect is a predictive analytics company based in Boston, USA, which Nike acquired on the 25th of August 2019. This acquisition allowed Nike to integrate their inventories with the website and app of the company. This not only claimed to allow a more efficient interface with the customers, but also more efficient inventory management, leading to a reduction in operating costs of the company. This was part of Nike’s project to sell its products directly to the customers through its online retail platforms.
Read More[IBM Survey] Global Business AI Adoption Flat in 2020, but growth expected to rebound
That’s the conclusion of a new “Global AI Adoption Index 2021” report from IBM’s Institute for Business Value and the IBM Watson business unit that includes input on AI plans and challenges from some 5,501 business decision-makers in 15 markets around the world. The report was released May 11 (Tuesday) as part of IBM’s Think 2021 virtual conference. The 13-page report, which was conducted by market research firm Morning Consult for IBM, found that about one-third of the respondents reported that their companies are using AI, while 43 percent said their companies accelerated their rollouts of the technology due to the pandemic.
Read MoreServiceNow acquires Lightstep to gain Observability Platform
ServiceNow today announced it has acquired Lightstep as part of an effort to add an observability platform to its IT operations portfolio. Terms of the deal, expected to close this quarter, were not disclosed. The Change Intelligence observability platform from Lightstep is based on a time-series database that is capable of processing a trillion events each day. It was built by the same team that created Monarch, the globally distributed in-memory time series database system that Google employs to monitor its applications and systems.
Read MoreHill International and Everguard.ai partner to advance Artificial Intelligence (AI) in improving Construction jobsite safety
Hill International and Everguard.ai announced they are bringing best-in-class technologies – including artificial intelligence (AI) and sensor fusion – to construction companies focused on improving worker health and safety. This collaboration, enabled through the Qualcomm Smart Cities Accelerator Program and Qualcomm IoT Services Suite, will bring Everguard’s Sentri360 platform and ecosystem to Hill International customers, creating a paradigm shift from a reactive to a proactive approach to prevent jobsite injuries and accidents.
Read MoreHuman in the loop: (how) will it work?
Artificial intelligence (AI) is used more and more in real-life business situations. Many businesses implement AI technology to reduce operational costs, increase efficiency, grow revenue, and improve customer experience. But sometimes, they are confronted with ill-behaving AI. AI decisions can be biased, discriminatory, or even malicious. The need to keep AI in check is real and human supervision seems necessary to restrain AI.
Read More5 reasons why companies need to develop and prioritize their AI Business strategies now!
In 2018, a study by MIT Sloan Management Review exposed that 58% of companies believed AI will significantly change their business models by 2023. And in 2019, a Forbes article that indicated 73% of top U.S. executives have a goal to increase investment in technology dramatically. Now more than ever, companies recognize that AI is essential to their business growth.
Read MoreMicrosoft announces 2nd cycle of AI For Good Accelerator Program
15 AI, machine learning companies, Microsoft announces 2nd AI For Good Accelerator Program across health, sustainability, and accessibility.
Read MoreBrightflag sets standard for Legal AI, invests 100,000 hours in Machine Learning Model
Brightflag, the AI-powered enterprise legal management company, surpassed a significant product milestone with 100,000 hours now invested in the development and training of its proprietary machine learning model by its in-house team of data science and corporate legal experts. The insights generated by Brightflag’s AI have been validated and applied by hundreds of corporate legal teams while managing live legal matters.
Read MoreApplying Design & Agile thinking to your Data Science project — Part 2
Think of a data-driven solution as a puzzle piece. This piece needs to have a suitable shape and color to fit into a bigger puzzle. Our world is this puzzle, which is not complete yet. We want to make a suitable puzzle piece and then place it into the puzzle to make it more complete. In other words, we want to bring a suitable solution to this world. Designing and bringing an appropriate solution can be complex. Design Thinking makes the shape of the solution, while Agile Thinking ensures its implementation, taking the outcome of the Design Thinking.
Read MoreApplying Design & Agile thinking to your Data Science project — Part 1
Imagine the world as a gigantic puzzle with millions of pieces. The puzzle is still not complete, some pieces are already placed, but there is still space for new ones. We want to make our solution a puzzle piece that fits into this huge puzzle, but we do not know-how. Design and Agile Thinking help us shape our solution into a puzzle piece that fits into this huge puzzle. Creating a data product can be chaotic and hard. My advice is to not give up easily when it at first seems as if there is no solution, but to keep trying to build the pieces!
Read MoreWhy Board Directors And CEOs Need To Learn AI Knowledge Foundations: Building AI Leadership Brain Trust Is A Business Imperative: Are You Ready?
Why Fortune 1000 Leaders need to build AI Brain Trust? In reviewing over 200 board of director compositions on the Fortune 1000, many of them do not have sufficient technology depth and knowledge expertise. The majority have operations knowledge particular in finance, legal and have often held a CEO or high profiled leadership role in a prior company. The major of larger companies all have a technology strategy and risk committee working with their CIO and Cybersecurity or Risk officers, but if you look across the broader board director skill knowledge on the depth of AI and digital transformation leadership skills and solid execution experiences, you will find less relevant and current knowledge know-how.
Read MoreThe Analytics Lifecycle, Analytics Maturity, Analytics Canvas, and Absorptive Capacity
In today’s article, we will learn about four main concepts that are important to consider when starting to lead analytical projects. These concepts include tools and frameworks that will assist you and your team to structure your analytics projects in a professional manner to consider all aspects involved in the use case. These collaboration tools will guide you from getting the raw data to the final step of making an important decision that will affect your company on a big scale.
Read MoreResearch finds that AI Improves Business Intelligence
Artificial intelligence has been working its way up through the business world for a decade and has caught the attention of top executives from around the world. Business leaders have come to the realization that AI improves business intelligence. As a result, it has become a requirement for businesses to stay competitive.
Read MoreVideo Highlights: Business Analyst or Data Scientist?
What field to choose if you want to launch a Startup in the future. This Data Science Salon (DSS) video is presented by Julia Khan, Vice President of Analytics at SEMrush. This presentation will be most useful for young data professionals, who are trying to choose their own path within the wide range of specializations inside the data science field.
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