Analysts Corner

APRIL 11, 2023

The billion dollar question: will artificial intelligence/machine learning replace humans? Machines and Humans (Image created in Adobe Spark/Adobe Express) Will Artificial Intelligence (AI) / Machine Learning (ML) replace humans? No machine can do the work of one extraordinary man.

Artificial Intelligence 130

Artificial Intelligence 130

Timo Elliott

APRIL 23, 2024

For the last decade, the pattern matching capabilities of machine learning have slowly and steadily been deployed to help organizations automate and optimize purchasing decisions. Generative AI can enrich supplier and buyer communications and insights, automate routine processes, and increase market knowledge.

Procurement 147

Procurement Artificial Intelligence Planning 147

Dataversity

SEPTEMBER 4, 2023

The list of use cases powered by artificial intelligence (AI) and machine learning (ML) technologies is growing exponentially across nearly every business sector.

Artificial Intelligence 255

Artificial Intelligence Business Process Management Data Management 255

Dataversity

AUGUST 10, 2022

Machine learning is ubiquitous in our everyday life. Whether or not you know it, the odds are that machine learning powers the applications you use daily. Businesses also use AI and machine learning to automate processes, gain […].

Artificial Intelligence 246

Artificial Intelligence 246

Smart Data Collective

MAY 24, 2023

When paired with ChatGPT, this technology gives automated support systems an even bigger boost. Machine learning continually improves performance Perhaps the best part of AI is machine learning. Here are just some of the benefits businesses can get from using this automated AI technology: Better customer service.

Artificial Intelligence 300

Artificial Intelligence 300

Smart Data Collective

NOVEMBER 1, 2021

Machine learning technology has become an integral part of many different design processes. Many entrepreneurs use machine learning to improve logo designs. One of the areas where machine learning has proven particularly useful has been with 3D printing. However, there are a lot of other benefits as well.

Planning 339

Planning Artificial Intelligence 339

Smart Data Collective

SEPTEMBER 5, 2021

It’s the process of sending customized messages to consumers to communicate updates, offers, and reminders using automated platforms. The advances in AI—particularly machine learning (ML)—have made SMS marketing more attractive and accountable as an advertising technique. What’s machine learning?

Artificial Intelligence 288

Artificial Intelligence Agile Big Data 288

Smart Data Collective

OCTOBER 13, 2021

It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. What can you learn from real-market examples? That’s where machine learning algorithms come into place. That’s where machine learning algorithms come into place. How exactly?

Artificial Intelligence 316

Artificial Intelligence User Experience Banking Planning 316

Simplilearn

FEBRUARY 13, 2023

As machine learning grows in pay-per-click (PPC), so does feelings of anxiety about future job stability. According to the Recruiter Nation Report by Jobvite, 69 percent of job seekers admit to being at least somewhat worried about losing their career to job automation. Read More.

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Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Automated Customer Service & Chatbots. Decision-making that is both smart and fast.

Artificial Intelligence 301

Artificial Intelligence Financial Analysis Banking Real-time Data 301

Simplilearn

MAY 18, 2023

The growth and evolution of AI have been remarkable, with advancements in machine learning algorithms, deep neural networks, and natural language processing revolutionizing various industries.

Artificial Intelligence 246

Artificial Intelligence Predictive Analytics 246

Smart Data Collective

JULY 24, 2023

Modern VMS can harness AI to automate routine tasks, analyze vendor performance, predict future outcomes, and assist in making strategic decisions. For instance, an AI-powered VMS could use machine learning algorithms to predict a vendor’s reliability based on historical data, aiding procurement professionals in decision making.

Procurement 219

Procurement Supply Chain Artificial Intelligence Predictive Analytics 219

Smart Data Collective

OCTOBER 1, 2020

We have previously written about the benefits of data driven marketing , but wanted to focus more on the benefits of machine learning as well. Machine learning is one of the technological advances that has played in important role in the evolution of email marketing. One of the biggest benefits is list segmentation.

User Experience 354

User Experience 354

Smart Data Collective

JUNE 22, 2023

Taking the world by storm, artificial intelligence and machine learning software are changing the landscape in many fields. Earlier today, one analysis found that the market size for deep learning was worth $51 billion in 2022 and it will grow to be worth $1.7 Amazon has a very good overview if you want to learn more.

Artificial Intelligence 233

Artificial Intelligence Data Quality Big Data 233

Smart Data Collective

SEPTEMBER 19, 2022

Machine learning technology has become invaluable in many facets of the IT sector. A study by Markets and Markets shows that the market for machine learning technology is growing over 44% a year. One of the biggest factors driving the demand for machine learning technology is a growing need for cybersecurity solutions.

Digital 244

Digital Cybersecurity Monitoring Innovation 244

Smart Data Collective

AUGUST 16, 2022

Machine learning technology is especially important. Machine Learning Helps Healthcare Organizations Fight Cyberattacks. Machine learning technology is a double-edged sword in many facets of our lives. They will have to find approaches to cybersecurity that make the most of advances in machine learning.

Cybersecurity 288

Cybersecurity Healthcare Monitoring Banking 288

Simplilearn

JULY 18, 2022

Artificial intelligence and machine learning are transforming the world we live, work, and play in. From “you might like” recommendations in e-commerce and online entertainment to automated grammar checkers to self-driving cars, AI amd ML show up in an ever-growing number of places and applications. Read More.

Artificial Intelligence 299

Artificial Intelligence E-Commerce 299

Smart Data Collective

FEBRUARY 16, 2023

We have talked extensively about some of the changes machine learning has introduced to the marketing profession. According to one analysis, companies that used machine learning in their marketing strategies boosted sales by up to 50%. How Can Machine Learning Boost Your Social Media Marketing ROI?

Monitoring 292

Monitoring 292

Dataversity

NOVEMBER 12, 2021

Machine learning (ML) has enabled a whole host of innovations and new business models in fintech, driving breakthroughs in areas such as personalized wealth management, automated fraud detection, and real-time small business accounting tools.

Innovation 246

Innovation Data Modelling 246

Smart Data Collective

JANUARY 14, 2022

Dystopian scenarios of all-knowing machines taking over the world and destroying humanity abound in popular culture. Computer systems capable of learning, reasoning, and acting are still in the early stages. Machine learning needs massive amounts of data. Deep learning can help accelerate brute force attacks.

Artificial Intelligence 318

Artificial Intelligence Cybersecurity 318

Simplilearn

MARCH 2, 2021

In a world where nearly all manual tasks are being automated, the definition of manual is changing. Machine Learning algorithms can help computers play chess, perform surgeries, and get smarter and more personal.

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Smart Data Collective

DECEMBER 3, 2021

You need to know a lot about machine learning to land a job. You will need to make sure that you can answer machine learning interview questions before you can get a job offer. Common Interview Questions for Machine Learning Jobs. How does the ROC curve play a role in machine learning?

Big Data 297

Big Data Artificial Intelligence Data Analytics Data Analytics 297

Smart Data Collective

AUGUST 15, 2022

AI involves building smart machines to carry out tasks that typically need human intelligence, and AI simulates human intelligence using computer systems. The two major AI types used in businesses today are reactive machines and limited memory. Improved Customer Experience. Optimizing Business Management.

Cybersecurity 249

Cybersecurity Artificial Intelligence Customer Experience Customer Experience 249

Simplilearn

JUNE 15, 2022

With the rapid pace of digital transformation, artificial intelligence and machine learning are playing ever-larger roles in all our lives. From “you might like” recommendations in e-commerce and online entertainment to automated credit decisions to self-driving cars, AI & ML show up in more and more places. Read More.

E-Commerce 264

E-Commerce Artificial Intelligence Digital Transformation Digital 264

Smart Data Collective

SEPTEMBER 13, 2022

Machine learning technology has been the basis for some of the biggest changes taking place in the financial sector. A growing number of people are using machine learning to perfect their stock trading strategies. What are some of the ways that machine learning is transforming the financial trading sector?

Big Data 254

Big Data 254

Simplilearn

OCTOBER 8, 2021

If you’re looking for the best RPA tools, you already know automation is the way of the future—and the present. From Artificial Intelligence to Machine Learning to Robotic Process Automation (or RPA), automation is. Read More.

Artificial Intelligence 246

Artificial Intelligence 246

Smart Data Collective

MAY 31, 2022

Machine learning and artificial intelligence (AI) have certainly come a long way in recent times. Towards Data Science published an article on some of the biggest developments in machine learning over the past century. A number of new applications are making machine learning technology more robust than ever.

Artificial Intelligence 273

Artificial Intelligence Documentation Innovation Big Data 273

Timo Elliott

FEBRUARY 19, 2023

The good news is that machine learning is very good at sophisticated pattern-matching, which is exactly what you need for things like personalized medicine. Then, using robotic automation and computer vision (machine-learning models trained to identify small changes in cells), they watched to see what would happen.

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Vision Artificial Intelligence 259

Smart Data Collective

JUNE 3, 2021

Many different industries are becoming more reliant on machine learning. The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Many of the applications of big data for insurance companies will be realized with machine learning technology.

Data Analytics 246

Data Analytics Data Analytics Big Data Banking 246

Smart Data Collective

DECEMBER 1, 2022

As we look ahead to 2022, there are four key trends that organizations should be aware of when it comes to big data: cloud computing, artificial intelligence, automated streaming analytics, and edge computing. Degree of automation they can provide. This change from human intelligence to machine intelligence will not happen overnight.

Big Data 352

Big Data Artificial Intelligence Cloud Computing Healthcare 352

Smart Data Collective

JUNE 10, 2022

While much data science work is starting to become automated, there is still a high demand for data science professionals. Machine Learning Engineer. As a machine learning engineer, you would create data funnels and deliver software solutions. Machine Learning Scientist. Data Architect.

Business Intelligence 299

Business Intelligence Business Intelligence Big Data Government 299

Smart Data Collective

APRIL 25, 2022

Instead, machine learning algorithms can be much more effective when tracking online reviews. An effective way that this is being achieved is by automating customer support and focus on getting answers to customers all over the world as quickly as possible. Automated Replies. Help Stay on Top of Customer Relations.

Artificial Intelligence 338

Artificial Intelligence Business Intelligence Business Intelligence Data Analytics 338

Smart Data Collective

MARCH 29, 2021

IoT automates data collection, in addition to simplifying data mining. A number of new workplace automation software applications have reached the market in recent years. Mechanization and automation are currently being used to enhance the maintenance and operations of assets by organizations. Mechanization.

Big Data 345

Big Data Artificial Intelligence Data Mining Digital 345

Smart Data Collective

OCTOBER 20, 2021

The upsurge of data (with the introduction of non-traditional data sources like streaming data, machine logs, etc.) Organizations must adopt transformative technologies like Artificial Intelligence (AI) and Machine Learning (ML) to harness the true potential of data, drive decision making, and ultimately improve ease of doing business.

Artificial Intelligence 311

Artificial Intelligence Big Data Data Modelling Data Management 311

Smart Data Collective

SEPTEMBER 29, 2022

OCR software completely changes the way you can process your documents: automated and much more reliable. You get the structured information in a machine-readable format, such as JSON. Automated data capture improves your document management and processing. The software learns from the documents submitted to it.

Data Quality 340

Data Quality Artificial Intelligence Documentation Big Data 340

Smart Data Collective

SEPTEMBER 4, 2023

Among these innovations is the world of document processing where automation has revolutionized traditional methods. The Rise Of Automated Document Processing You’ve likely come across automated document processing in your industry endeavors. You wouldn’t want to make a business decision on flawed data, would you?

Documentation 261

Documentation Artificial Intelligence Monitoring Innovation 261

Smart Data Collective

NOVEMBER 16, 2022

Machine learning technology is one of the new technologies that has drastically changed the state of video editing. This technology uses deep neural networks to automate the process. Analytics India Magazine reports that machine learning is only getting better at video editing. Keep reading to learn more.

Banking 272

Banking Planning Visualization Digital 272