AI Articles and Analysis about Business intelligence and analytics

Global spending on utility customer information systems (CISs) and analytics is expected to total nearly $37 billion from 2014 to 2023, according to a report from Navigant Research. Some of the top utilities companies in the United States have been using predictive analytics to enhance operations, cut costs and improve customers’ experience.

Chatbots are gradually being adopted into the healthcare industry and are generally in the early phases of implementation. Market research firm Grand View Research estimates that the global chatbot market will reach $1.23 billion by 2025. This projected growth reflects a compounded annual growth rate (CAGR) of 24.3 percent.

Episode Summary: Machine learning (ML) can be used to identify objects and pictures or help steer vehicles, but is not best suited for text-based AI applications says Robbie Allen, founder of Automated Insights.

Chronic Kidney Disease (CKD) affects approximately 1 in 7 adults or an estimated 30 million Americans. CKD is characterized by kidney damage which impedes proper filtration of the blood. As a result, other health problems may occur due to excess fluid and waste in the body. According to the American Society of Nephrology, annual health care costs associated with treating kidney (renal) failure are estimated at over 32 billion.

Agriculture plays a vital role in India’s economy. Over 58 percent of the rural households depend on agriculture as their principal means of livelihood, according to an IBEF report. Agricultural exports constitute 10 percent of the country’s exports and is the fourth-largest exported principal commodity category in India.

Episode summary: This week’s episode explores the current possibilities in applying natural language processing for legal contract review. We speak with Andrew Antos and Nischal Nadhamuni from Klarity, a Boston-based startup focused on using natural language processing (NLP) based information extraction, from non-disclosure agreements (NDAs), in a live setting.

To stay competitive and relevant in the fast-changing world led by digital, India’s leading IT services companies, well-known for their cost-competitiveness, have begun leveraging more artificial intelligence (AI) initiatives as the technology has continued to gain traction.

Dementia (a severe decline in mental ability) is ranked as the sixth leading cause of death in the United States and impacts an estimated 5 million Americans. According to the Alzheimer’s Association, health care costs associated with dementia totaled $259 billion in 2017 and are projected to reach $1.1 trillion by 2050.