April 21, 2020
Last time we’ve covered some boring machine learning use cases, showing how algorithms can leverage data and solve tasks in an automated manner. Today we take a closer look at two machine learning disciplines that enable advanced automation: Natural Language Processing and Optical Character Recognition. Natural Language Processing NLP is an umbrella term defining all (machine learning) tasks aiming to understand and process human-generated text […]
April 15, 2020
The real estate industry is changing rapidly. In 2019, more than 5.5 million existing homes were sold in the United States, and more activity is moving online. According to the National Association of Realtors (NAR), 50% of all buyers found the home they purchased on the Internet. While the Internet has changed some aspects of the process, it remains slow and inefficient. Despite the value […]
April 8, 2020
Machine Learning has become a strategic focal point for businesses that wish to find innovative solutions to their most complex problems. Examples of successful applications can be found in every industry and AI solutions are causing ongoing disruption to business models. But there is a very simple reason why the predictive power of machine learning algorithms is so valuable for businesses: it helps them cut […]
April 6, 2020
Data Visualization Software Comparison The Blue Orange Guide to BI Tools is meant to give executives and business leaders a high-level overview of the BI tool landscape and help them start on the (potentially tough) journey of choosing the appropriate one for their needs. We will compare 11 popular BI options for usability, comprehensiveness, affordability, and overall satisfaction. Hear candid and blunt reviews from CEO […]
March 24, 2020
Falling energy prices in 2020 are undeniable. In one month, WTI crude prices have fallen over 12%. If the COVID pandemic continues, we may be facing a recession. This means less demand for Energy. This leaves just one critical question. How can companies obtain profitability targets when prices fall through the floor like this? The Traditional Response To Falling Energy Prices Isn’t Enough The conventional […]
March 21, 2020
Can AI help spot infections before they become epidemics? AI-based solutions are being used to detect outbreaks of infectious diseases around the world. To illustrate, HealthMap and BlueDot are two platforms that were early reporters of the unusually high number of pneumonia cases in Wuhan, at the end of December 2019. Such tools rely on advanced analytics and Natural Language Processing techniques to process real-time […]
March 18, 2020
Winning more bank customers in 2020 and beyond is only going to get more complicated. Advertising on major platforms like Google and Facebook for financial services like insurance is already high. In 2019, the average cost per click for finance and insurance was $3.44 in Google Ads according to Wordstream. If you convert 1% of clicks to customers, your customer acquisition cost is probably above […]
March 18, 2020
Winning more customers in the financial services industry has never been more challenging. Regulators are investigating companies that engage in questionable sales tactics. Customer skepticism after the 2008 crash has never disappeared entirely. That’s why financial services companies are turning to data strategies. Specifically, there are two critical banking problems you can solve with Big Data. The Business Problems You Can Solve In Banking Today […]
March 11, 2020
You want to improve your customer service without hiring a small army of employees. That’s when you turn to the power of machine learning. After all, you see a lot of companies out there promising to deliver 24/7 customer service with chatbots and other AI-supported tools. To make smart choices, you need to sort fact from fiction. Before we explore how to harness the power […]