AI Articles and Analysis about Business intelligence and analytics

Explore articles and reports related to artificial intelligence for business intelligence and analytics, including applications in forecasting, predictive analytics, text analysis, and more.

An Overview of AI for Wealth Management – What’s Possible Today?

An Overview of AI for Wealth Management – What’s Possible Today?

According to a 2017 report by the Financial Stability Board, artificial intelligence (AI) and machine learning firms managed assets of over $10 billion in 2017, with further growth projected in the next five years. The reasons for this are clear; AI can now present wealth managers with new capabilities to enhance and further personalize their services, at scale.

AI in Fintech - Current Applications and Use Cases

AI in Fintech – Current Applications and Use Cases

In their recent Worldwide Spending on Cognitive and Artificial Intelligence Systems report, IDC estimated that banking investments in cognitive and AI systems in 2018 might total around $4.0 billion. Many AI vendors claim to offer software for numerous finance use cases, such as credit scoring, insurance underwriting, debt collection, fraud detection, and more recently, financial regulations, or so-called regtech.

Setting Up Retail Stores for Machine Learning – Cameras, Microphones, and More

Setting Up Retail Stores for Machine Learning – Cameras, Microphones, and More

Episode Summary: We speak this week with Aneesh Reddy, cofounder and CEO of Capillary Technologies, which focuses on machine vision applications in the retail environment.

Big Data in Finance - Current Applications and Trends

Big Data in Finance – Current Applications and Trends

International Data Corporation (IDC) reported in their  Worldwide Semiannual Big Data and Analytics Spending Guide that global investment in big data and business analytics (BDA) will grow from $130.1 billion in 2016 to more than $203 billion in 2020. In a previous report, we covered machine learning in the finance sector, and in this report, we dive deeper into big data solutions and data management platforms for financial institutions. The companies in this report all claim to help financial institutions with at least one of the following:

AI in Auto Insurance - Current Applications

AI in Auto Insurance – Current Applications

KPMG estimated the size of the automotive insurance is expected to shrink by 70% due to the rise in demand for autonomous cars and the shift in liability then being placed on the car manufacturer. With the rise of AI in most sectors, it follows that AI would find its way into the automotive insurance world. AI may allow car insurance companies to keep up with an evolving consumer base that is looking for faster service, faster payouts, and policy prices tailored to them.

Business Intelligence in Retail - Current Applications

Business Intelligence in Retail – Current Applications

In 2017, Emerj conducted research into the applications of machine learning in marketing with 51 different AI-focused marketing executives. The AI marketing vendors we spoke to named retail and eCommerce as the top sectors ripe for applying marketing AI software. Below is a graphic from our research showing the sectors that AI marketing vendors sell into most:

Business Intelligence in Insurance

Business Intelligence in Insurance – Current Applications

In the past few decades, insurance companies have collected vast amounts of data relevant to their business processes, customers, claims, and so on. This data can be unstructured in the form of PDFs, text documents, images, and videos, or structured, organized and curated for big data analytics.

AI in Fitness

AI in Fitness – CRMs, Gym Management Software, and Chatbots

According to the International Health, Racquet & Sportsclub Association, the global fitness industry earned revenues estimated at $83.1 billion in 2016, up from $81 billion in 2015, and growing by 2.6%. If it continues at this rate, it should reach $87.5 billion in 2018. As of now, numerous AI vendors claim to assist gyms with signing up new gym customers, developing nutrition and fitness programs, and maintaining good customer relationships. Some offer chatbots that they claim can help gym members maintain personalized fitness regimens.

Business intelligence and analytics

Explore articles and reports related to artificial intelligence for business intelligence and analytics, including applications in forecasting, predictive analytics, text analysis, and more.