To a greater extent, the fiscal results of corporations in different sectors of the oil and gas industry rely on the performance of intricate, capital-intensive assets. Initially, oil and gas companies lacked neither the tools nor the...
Digital data[1] is a valuable asset for many businesses in the 21st century. It boasts real-world applications in all types of sectors and industries. And with organizations shifting from conventional architectures to contemporary data...
Nowadays, we produce more data than ever before. According to business intelligence statistics, any company that effectively applies insights extracted from market data will surely benefit. And today, we want to review 8 best data...
Starting a company is easier said than done. You want to build a strong online reputation, increase the value of your sales, and make your brand stand out from the competition. At its infancy, several things demand your attention, and...
Big data has opened a realm of possibilities in many fields of business, and logistics is one of them. According to Allied Market Research[1], the value of the global logistics market was at $7,641.20 billion in 2017 and is expected to...
The rapid development of information technology has prompted many industries to depend on network connections for sensitive business operations. However, these networks have become more vulnerable than ever to cybersecurity attacks....
As we know, Artificial Intelligence (AI) significantly changes and affects the business world. According to the International Data Corporation (IDC), by 2024, industries will spend up to $ 110 billion on AI consulting. To date, monetary...
We don’t talk too often about estimating data science services and projects. And there is a good reason for that. It’s very difficult and depends on many factors. In many instances, you simply cannot foresee how much your AI or data...
When it comes to business intelligence and data visualization, you have two options. You can decide to build your own BI dashboard from scratch using one of the programming languages, or you can opt for self-service BI, where everything...
Technology has entirely revolutionized the way we work by making diverse processes more streamlined and highly integrated. One of these transformations is happening in the healthcare industry. If we consider the most important necessities...
On our blog, we frequently talk about data storage. And the truth is, for the vast majority of AI-related purposes, you need a data warehouse implementation. This solution allows you to store structured and organized data so that it can...
Many organizations are eager to adopt data science into their decision making processes. However, they often forget the foundational work necessary to make that happen–data collection, data literacy, and data infrastructure. All these are...
Table of Contents Artificial Intelligence (AI) in Social MediaWhy is artificial intelligence important for social media?Reduce your expensesIncrease your income7 AI applications in social mediaContent personalizationContent popularity...
When it comes to data warehouse implementation, there are several options for you to choose from. However, in the last few years, two solutions have come to the forefront. These are Amazon Redshift (a part of Amazon Web Services) and...
What is marketing all about? The short answer is sales. In the very beginning, marketing was about shouting “buy here” at the local marketplaces. When the era of mass communication and media began in the early 1900s, marketing was about...
When was the last time you assessed your company’s sales information? More specifically, do you know how much money you make per every sales cycle? Or do you know all the different sources that bring traffic to your website? And...
On our blog, we talk about machine learning every week. That’s no surprise. After all, machine learning consulting is one of our core services. We always try to present this area of AI in the most straightforward and transparent way. We...
Digital marketing is currently the most dynamically developing marketing segment. It is aimed at both reaching and building relationships with clients. That’s why it is extremely important to optimize your activities on the internet....
Computer vision is an AI-related technology that finds extensive applications in the manufacturing industry, especially in the industry 4.0 environment. Today, computer vision for quality is a crucial element of quality control, and more...
The digital era has created a huge amount of data available online. It’s estimated that the global data stream will grow to 175 zettabytes by 2025[1] and that the big data analytics market will hit the 103 billion USD mark by 2023....
It’s vital to know how to wade through information, especially in an era when over 1.7 megabytes of data is generated by every person each second. The ever-growing volume of data has prompted businesses to hire skilled data science...
Imagine the following situation: you are trying to choose between two apps. They have more or less the same functions, but one of them is free, and the other one is paid. Which one would you download? We bet you would go for the free...
Machine learning has multiple applications in diverse fields, ranging from natural language processing to healthcare. Bioinformatics and biology-related disciplines have not been left behind in the revolution. Before machine learning...
Faster, more efficient, cheaper, and cleaner transportation – that’s how we can summarize the role of AI, machine learning, and big data in transportation. Intelligent solutions and technologies transform the way we transport goods...
HR recruitment is one of those fields where artificial intelligence can offer huge improvement and acceleration of work. From resumes and candidate selection to face recognition, we can predict that within a few years every big HR company...
Artificial Intelligence has long been a topic confined to the walls of sci-fi movies and research papers. However, this characterization is slowly fading due to its adoption in our everyday lives. AI has now become a household name....
Data analytics is definitely one of the most important elements of your company. Thanks to data analytics, you can spot new business opportunities, achieve improved operational efficiency, conduct more effective marketing campaigns, and...
Accounting is one of these fields that can be easily automated and supported by artificial intelligence and big data. In this article, we are going to show you how artificial intelligence in accounting actually works and how your...
Business intelligence software has already turned into a trend, and it is not going to stop. As for 2021, the business intelligence application market is valued at $14.7 billion. [1] And it is expected to reach $29.6 billion by 2027, at...
Simply put, entropy in machine learning is related to randomness in the information being processed in your machine learning project. However, let’s be more specific. In this article, we will explain what entropy is in machine learning...
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