Artificial Intelligence | Big Data | Machine Learning

VIEW HIGH FIVE  

Artificial Intelligence: Enterprises Get Smarter with Deep Learning Technologies

Artificial Intelligence – or AI, as it’s commonly referred to – is booming in business circles. Today, more and more companies are using technology to perform tasks that until now have required human intelligence to complete – things like making loan decisions or rating the quality of raw cucumbers. Advanced computer systems now have the ability to perform a variety of human tasks. And it’s becoming increasingly cost-effective for businesses to utilize these technologies. Speech recognition, i.e. Apple’s Siri or Amazon’s Alexa, visual perception, Facebook face-recognizing software, or decision making, instant credit decisions or Netflix recommendations – these are just a few examples of the many ways AI is changing the way people work. This isn’t necessary new. In the 1980s, AI was hot in the financial services sector. Companies raced to build decision-making algorithms for determining the best loan candidates, computer-generated stock-buying advice and more. Today, the financial services sector continues to be one of the No. 1 industries for AI, but now, AI touches all across the business sector. In fact, enterprise spending for AI solutions is expected to grow from $358 million to $31.2 billion over the next decade. Businesses use it to find new revenue, engage with their customers, generate insights in data, provide effective customer service experiences, boost sales and make minute-to-minute decisions.

How Artificial Intelligence Could Transform Your Business via TechRadar

How Artificial Intelligence Could Transform Your Business via TechRadar

As tech journalist David Howell writes, most businesses have likely embraced AI “without even knowing it.” And that’s true. AI has been integrated into a number of analytics platforms to enable data mining. For example, Amazon’s Machine Learning suite enables businesses to conduct in-depth research and analysis of massive datasets – something that wouldn’t be possible without AI. Howell notes the finer points of AI and covers how many businesses are utilizing these technologies. Plus, there’s also a Q&A with Sean Owen, the Director of Data Science for Cloudera, which offers insights into how AI is being utilized by small businesses, some of the pitfalls of AI, and where AI is headed.

Read More
Meet Your Friendly Sales Assistant – The AI Chatbot – via TechTarget

Meet Your Friendly Sales Assistant – The AI Chatbot – via TechTarget

This piece by Bridget Botelho, a part of TechTarget’s Special Report: Artifical Intelligence Apps Come of Age, covers a variety of interesting ways chatbots are being leveraged by businesses. For example, one company utilized chatbots to respond to untouched leads – the ones salespeople avoided because they were deemed low priority. The result: The chatbots are converting almost 10 percent of this unrealized revenue. Chatbots are also being used to aid customer service reprensentatives, Botelho writes, as well as a variety of other processes. This special report covers every aspect of AI in business – from AI in the data center, to how CRM tech is utilizing AI and deep learning.

Read More
3 Ways Chatbots Are Helping HR Departments Communicate via VentureBeat

3 Ways Chatbots Are Helping HR Departments Communicate via VentureBeat

Chatbots – think Apple’s Siri – are one of the most accessible AI technologies on the market. And they’re being proposed as a solution for the monotony of the DMV and website development. Already, chatbots are widely used in customer service, and in this article, author Rachel Wolfson highlights three specific ways chatbots related to HR. From enabling real-time communication, to speeding up paperwork completion, Wolfson covers specific data use cases – many of which could be adapted to other areas of a business.

Read More
Predictive Analytics, Big Data, and How to Make Them Work for You via PC Magazine

Predictive Analytics, Big Data, and How to Make Them Work for You via PC Magazine

Big Data analytics systems are getting smarter. Not only are they equipped to make decisions, but through data mining and machine learning, many analytics systems are quickly becoming capable of forecasting trends, determining the best way to pitch a lead, and prioritizing leads for maximum effect. This is a massive AI opportunity for SMEs. Author Rob Marvin provides a quick overview of predictive analytics technology, as well as three specific use cases for the technology. This is a must-read for any business interesting in the power of predictive analytics.

Read More
How Companies Are Using Machine Learning to Get Faster and More Efficient via Harvard Business Review

How Companies Are Using Machine Learning to Get Faster and More Efficient via Harvard Business Review

Machine learning – another fast-growing AI field – offers businesses an opportunity to boost productivity by cutting time and steps from complex processes. For example, scanning digital data is extremely time-consuming. Yet, with machine-aided tech, business professionals can greatly reduce the time they need, with applications that preview video, interpret images, or generate reports based on data. This is just one example covered by the authors, who conducted a survey of nearly 200 machine-learning early adopters. Also, they note, businesses are utilizing machine learning for tasks like root cause analysis and market monitoring/social listening.

Read More

TEAM CLUTCH PROMISE

Leverage the power of AI to empower your organization. Team Clutch offers the expertise to integrate AI into your business. Let us help you boost productivity, find new revenue opportunities, and more with the latest AI tools.

Subscribe to our High Five to receive curated story on Data & Analytics.





Subscribe