The Economist published a statement that reads, “The world’s most valuable resource is now data.” [1] Historically been treated as just a piece of a technology project and not a corporate asset. Many business executives...
In recent years, the global supply chains have become more complex and pretty challenging to manage. The Covid 19 pandemic has particularly increased market volatility, elevating the need for flexibility and agility. But thanks to...
Many organizations understand the important role of big data in business success and, thus, rely on it for generating business reports and making strategic business decisions. For their projects to be successful, they need to correctly...
A well-executed data preparation process is the key to building a robust, accurate, and effective machine learning[1] model. However, this is quite difficult and complex to achieve due to some problems related to data for machine...
Nowadays machine learning and AI simplify and improve numerous processes and things. Equipment maintenance is one of them. Today you could use predictive maintenance together with machine learning algorithms to prevent big losses and...
Over the past decade, computer vision driven by machine learning has burst onto the technology scene. With several mediums of perception, computers get superhuman visual power and can identify patterns from images that humans can’t....
Today, many companies are immersed in the development of machine learning and artificial intelligence (AI). And it’s no secret that the development of machine learning operations have become widespread in recent years. Companies are...
Computer vision is a branch of artificial intelligence that gives machine models the ability to see and deduce meaningful information from visual inputs. It has helped unlock futuristic technology no one thought was possible. Typical...
83% of businesses around the world see data as an integral part of their business strategy [1]. Despite this fact, many businesses struggle to manage it, with the average company losing up to 12% of its revenue due to low-quality data...
The phrase “big data” can be traced back to Silicon Valley lunch-table conversations and pitch meetings in the 1990s[1]. It’s a relative term depending on who is discussing it, but one point remains constant: The 21st century has...
Computer vision solutions teach machines to see, understand, and interpret visual data. It has to be powered by a set of effective algorithms to do so. An algorithm is a set of well-defined instructions through which the machine learns...
Computer vision solution is a rapidly burgeoning field that’s generating a lot of excitement in today’s world. Based on findings from Grand View Research, the computer vision market size across the globe in 2020 was valued at...
Since the early 2000s, the volume of data generated and the rate at which it is generated have increased tremendously. In 2018, more than 25 quintillion bytes of data were generated every day[1]. This trend is primarily driven by the...
Every year the world becomes more and more convinced of the tangible value of artificial intelligence and the role of machine learning consulting. From the initial distrust and ridicule of computers, people have seen how AI has succeeded...
Artificial intelligence (AI) is the icing on the cake of every data-driven business. According to the 451 Research Report[1], 68% of the interviewed companies said that they are already using artificial intelligence or intend to within...
Artificial intelligence is taking the world by storm. It’s already powering self-driving vehicles, pinpointing ideal retail store locations, and detecting cancer cells at an early stage. The real estate industry has not been left...
Artificial Intelligence is among the most popular topics nowadays, but not everyone understands the scale of its value for the business. Thus, the existing AI technology can increase the productivity of the business by 40%. With the help...
According to a Dresner Advisory Services study, 54% of businesses today claim that cloud business intelligence is critical to their current and future strategies[1]. This is because the complexity and diversity of most business data...
In today’s world, there are many challenges that have to be solved by decision-making. Whether in our lives or in business, there must be a person that will make a decision about the future, based on his current knowledge and predictions....
Hadoop MapReduce and Apache Spark are two of the most renowned big data architectures. Both offer a reliable network for open source technologies used to process big data and incorporate machine learning applications on them. In this...
Today’s business environment is constantly in a volatile state. It’s characterized by increased globalization and rapid technological changes that have completely changed the conditions that previously defined competitive...
IT is developing at an incredible rate, and major software giants like Google and Amazon are already making significant strides in analytics, big data, and artificial intelligence. But, for any business to achieve this, it needs a...
When we talk about revolutions that have shaped the way computers work, computer vision definitely comes to the forefront. Virtual reality, home tech synchronizing, and mobile payments are some of the most common applications of computer...
Due to the rapid technological and innovative development of artificial intelligence in the field of deep learning, computer vision has become the number one tool that transforms many industries. Computer vision solutions are based on...
Data scientists are crucial to almost every industry, but the financial sector is one in which they play a particularly important role. Data science is an area that finds applications in many financial fields, such as algorithmic trading,...
A supply chain is a system made up of different entities involved in supplying an organization’s product or service to a consumer. Supply chain management serves the role of managing the flow of products and services, funds, and...
Let’s face it, the world has been rapidly shifting online in the past couple of years. The number of companies and businesses that are migrating to the digital landscape continues to grow each day. More and more people are getting...
Data visualization is one of the must-haves of the big data and business intelligence services world. This is a crucial element of data analytics because it provides an intelligible way to see and understand trends and patterns in data....
Experimentation and innovation can take your company’s data to the next level. However, the implementation of a new data science project may seem uncertain and even risky to some shareholders. No organization wants to waste funds and...
The Aberdeen Group conducted a research study on the importance of visibility in supply chain operations. In the survey[1] involving 149 companies, 63% of the respondents indicated supply chain visibility as a key factor in business...
Get a quick estimate of your AI or BI project within 1 business day. Delivered straight to your inbox.
