Mon.Mar 27, 2023

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Applications of Machine Learning and AI in Banking and Finance in 2023

Analytics Vidhya

Introduction Could the American recession of 2008-10 have been avoided if machine learning and artificial intelligence had been used to anticipate the stock market, identify hazards, or uncover fraud? The recent advancements in the banking and finance sector suggest an affirmative response to this question. The keys to business success are sophisticated, intelligent security systems […] The post Applications of Machine Learning and AI in Banking and Finance in 2023 appeared first on Analyt

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Why data leaders struggle to produce strategic results

CIO Business Intelligence

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. Fewer than half (44%) of data and analytics leaders say their teams are effective in providing value to their organization.

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How is the Dawn of AI Blooming and Transforming Industries?

Analytics Vidhya

In the article, Gates talks about the status of artificial intelligence today and how it might change a variety of sectors, such as agriculture, health care, and education. He says that in fields like speech recognition, image recognition, and natural language processing, it has already achieved significant progress. As a result, AI is being incorporated […] The post How is the Dawn of AI Blooming and Transforming Industries?

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AI bots for customer experience: trends, insights, and examples

CIO Business Intelligence

The hype surrounding AI-based voice and chatbots is evident, but do they deliver? Most still perform only extremely basic tasks and often mirror the poor practices of traditional IVRs. Customers may be open to the idea, but only 30% believe that chatbots and virtual assistants make it easier to address their service issues. The things customers say bots are good at – replying quickly, helping them outside normal business hours, being friendly – are not as important as what 60% say bots fail

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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The Future of AI with ChatGPT Plugins

Analytics Vidhya

The introduction of ChatGPT modules by Open AI is intended to improve the user experience. These plugins can be downloaded from the plugins store and are presently only available to a select group of users. Users of ChatGPT can anticipate increased convenience as a result of the launch of these plugins. Users can place orders […] The post The Future of AI with ChatGPT Plugins appeared first on Analytics Vidhya.

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Automation in Data Science Workflows

KDnuggets

Will data science, known for replacing innately iterative work with automation, become automated? Will data scientists’ jobs be automated too?

More Trending

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How Data Science Can Transform Mobile App Development?

KDnuggets

Data science is an intelligent and powerful technology. By knowing how to use data science in mobile app development you can achieve great results.

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Growing Demand for Data Science & Data Analyst Roles

Smart Data Collective

Unleash your analytical prowess in today’s most coveted professions – Data Science and Data Analytics! As companies plunge into the world of data, skilled individuals who can extract valuable insights from an ocean of information are in high demand. Join the data revolution and secure a competitive edge for businesses vying for supremacy.

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Manage your data warehouse cost allocations with Amazon Redshift Serverless tagging

AWS Big Data

Amazon Redshift Serverless makes it simple to run and scale analytics without having to manage your data warehouse infrastructure. Developers, data scientists, and analysts can work across databases, data warehouses, and data lakes to build reporting and dashboarding applications, perform real-time analytics, share and collaborate on data, and even build and train machine learning (ML) models with Redshift Serverless.

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SMEs Use AI-Driven Financial Software for Greater Efficiency

Smart Data Collective

AI is driving major changes in the financial world. It is estimated that Fintech companies spent over $9.5 billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. The banking industry is among those most heavily affected by AI. Smart solutions can give banks an advantage over competitors. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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Visual ChatGPT: Microsoft Combine ChatGPT and VFMs

KDnuggets

Microsoft announces Visual ChatGPT for talking, drawing, and editing with visual foundation models.

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Visualize Confluent data in Amazon QuickSight using Amazon Athena

AWS Big Data

This is a guest post written by Ahmed Saef Zamzam and Geetha Anne from Confluent. Businesses are using real-time data streams to gain insights into their company’s performance and make informed, data-driven decisions faster. As real-time data has become essential for businesses, a growing number of companies are adapting their data strategy to focus on data in motion.

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Multimodal Models Explained

KDnuggets

Unlocking the Power of Multimodal Learning: Techniques, Challenges, and Applications.

Modeling 101
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Smart UPS Connectivity: what it is and why you need it

CIO Business Intelligence

The electricity supply in Australia, New Zealand and Singapore is very reliable, much more so than in many countries in East Asia, but outages do occur, and the shift to renewables is increasing the risk, as are more extreme weather events. Also, there can be other problems about which the average user would be unaware: brownouts (sudden voltage drops) spikes (sudden voltage surges) and noise (high frequency signals on the supply line).

IT 52
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The Role of Data Products in Maximizing ROI from AI Initiatives

Stuck with stalled AI projects? Data silos and fragmented processes are likely culprits. This IDC report unveils Data Products as the secret weapon. By treating data as a product, organizations can overcome these challenges and unlock the true potential of AI. Learn how a unified data control plane empowers Data Products to deliver trusted, high-quality data for faster insights and improved decision-making.

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5 Ways Data Visualization Can Improve Your Decision-Making Process

Decision Management Solutions

Data visualization is a powerful tool that can help improve decision-making across several industries, including business, finance, healthcare, and more. By allowing users to more easily understand and interpret data, data visualization can help make more informed and accurate decisions, leading to improved outcomes and increased success. By transforming data into visually appealing and easy-to-understand graphics, data visualization allows decision-makers to comprehend large, complex datasets,

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CIOs to learn about the art of persuasive communication.

CIO Business Intelligence

Persuasive Communication Workshop, FutureIT | Dallas, March 29th. Hosted by Dan Roberts, Host, Tech Whisperers Podcast, CEO, Ouellette & Associates and Larry Bonfante, Senior Consultant, Ouellette & Associates. IDG Don’t miss CIO’s FutureIT | March 29 at the Tower Club, Dallas presented by CIO, CSO and ComputerWorld. A pre-conference workshop will be exclusively offered to conference attendees, hosted by Dan Roberts, Host, Tech Whisperers Podcast; CEO, Ouellette & Associates and Larr

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Paying Down Your Analytics + AI Technical Debt

Dataiku

Technical debt — the accumulation of messy code, aging systems, and temporary patches that you will need to fix later — is costly anywhere in an organization. Within an analytics and AI stack, however, it can be the difference between being able to generate an insight that drives millions of dollars of ROI and simply continuing with business as usual.

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AWS Glue crawlers support cross-account crawling to support data mesh architecture

AWS Big Data

Data lakes have come a long way, and there’s been tremendous innovation in this space. Today’s modern data lakes are cloud native, work with multiple data types, and make this data easily available to diverse stakeholders across the business. As time has gone by, data lakes have grown significantly and have evolved to data meshes as a way to scale. Thoughtworks defines a data mesh as “a shift in a modern distributed architecture that applies platform thinking to create self-serve data infrastruc

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How To Get Promoted In Product Management

Speaker: John Mansour

If you're looking to advance your career in product management, there are more options than just climbing the management ladder. Join our upcoming webinar to learn about highly rewarding career paths that don't involve management responsibilities. We'll cover both career tracks and provide tips on how to position yourself for success in the one that's right for you.

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Review: Stefanie Posavec’s “Dataviz Drawing Class”

Depict Data Studio

Last month, I participated in Stefanie Posavec’s Dataviz Drawing Class. I LOVED the class! Wondering whether the class is right for you? What’s inside this review: Class logistics Why I signed up About the instructor What we learned Who this class is best for My favorite part Learn more Class Logistics A dozen of us met for two half-day classes held over Zoom.

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Deep Pool boosts software quality control using Amazon QuickSight

AWS Big Data

Deep Pool Financial Solutions , an investor servicing and compliance solutions supplier, was looking to build key performance indicators to track its software tests, failures, and successful fixes to pinpoint the specific areas for improvement in its client software. Deep Pool was unable to access the large amounts of data that its project management software provided, so it used AWS to access, manage, and analyze that data more efficiently.

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Trusted Data: Alchemy For Misinformation

Cloudera

The best description of untrusted data I’ve ever heard is, “We all attend the QBR – Sales, Marketing, Finance – and present quarterly results, except the Sales reports and numbers don’t match Marketing numbers and neither match Finance reports. We argue about where the numbers came from, then after 45 minutes of digging for common ground, we chuck our shovels and abandon the call in disgust.

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