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8 Ways Machine Learning Can be Used to Make Cities Smarter

Smart Data Collective

It’s no secret that artificial intelligence and technology has been developing quickly in recent times, with applications such as CAPTCHA that prevent bots from accessing sites, thermostats that adapt to our daily schedules or even algorithms that could choose potential vacation destinations for us.

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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Artificial intelligence (AI) is all the rage now. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 What is artificial intelligence? How do fintech companies apply artificial intelligence? billion in 2020.

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Importance of Data-Driven Cybersecurity for Medical Device Companies

Smart Data Collective

A growing number of companies using data analytics, artificial intelligence and other forms of big data technology to bolster their defenses against cyberattacks. Modern artificial intelligence technology is undeniably revolutionizing the medical field. Medical device companies are highly vulnerable to cyberattacks.

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4 IT Management Best Practices Data-Driven Businesses Must Practice

Smart Data Collective

In fact, according to Gartner , it is expected that business owners will spend $750 million on investing in ineffective features of IT tools, up from $600 million in 2019. Instead, it is wise to monitor your business needs and invest accordingly. Thus, it is wise to implement a few essential ITSM best practices to combat overspending.

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8 Revolutionary Applications Examples of Machine Learning in Real-Life

Smart Data Collective

As one of the most dangerous industries, there were 1,061 construction fatalities in 2019. Artificial intelligence (AI) systems, like one known as VINNIE , can process the safety of blueprints or images, then report back with areas to improve on. Equipment Monitoring.

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Automation trends of 2019

GAVS Technology

Industry experts have deciphered that, by 2030 artificial intelligence (AI) and automation will contribute to nearly $16 trillion to the global economy. Secondary data also reveals, by the end of 2019, most of the companies globally will incorporate automation in their daily processes.

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How Startups Can Formulate Data-Driven Marketing Strategies Using AI

Smart Data Collective

billion in 2019. And Artificial Intelligence (AI) is creating new possibilities in the digital marketing space. After you launch your website, you have to monitor the page traffic and bounce rates. We have talked a lot about the benefits of big data in marketing. The global marketing analytics market was worth $2.1