AI Articles and Analysis about Business intelligence and analytics

After a presentation at the Shop!Association’s national conference late last year, I had plenty of time to chat with retail business people about their own ideas about AI’s uses, and the trends that matter most. This prompted me to gather my thoughts and combine the ideas of retailers with the AI-in-retail research we’ve done, and put together a piece to help retail vendors make sense of the next 2-3 years of AI’s influence in retail.

Artificial intelligence has found its way in different areas in the entertainment industry from offering customized recommendations on your Friday night movies (as in the case of Netflix) to delivering sports match highlights during live TV coverage. In the latter, this was made possible in the 2017 U.S. Open Tennis Championships when IBM Watson Media used its AI tool to showcase play highlights right after they occur.

When we search on Google or Amazon, we’re reminded of the improved capabilities of artificial intelligence over the last half decade.
What we often don’t realize is the role that human beings have in tagging and manually working through near-infinite reams of data to develop genuinely relevant search.
Sure, data scientists and ML specialists must construct a search system - but for the time being - much of the “human-like” results that we get in the world of social media, search engines, and Commerce - comes from - well, humans.
This week on AI in Industry we interview Vito Vishnepolsky of ClickWorker. Clickworker is a large and well-rated microtasking marketplace. Clickworker cloud technology platform caters data management and web research services as well as AI algorithms training. The firm claims to have over one million workers on its global platform as of September 2017.
Vito’s perspective is valuable because he has a finger on the pulse of crowdsourced demand, handing business development for various crowdsourced AI support services - both for tech giants and startups.

Episode summary: Sales forecasting is big business. If you can better predict how much of a certain product or service you will sell in a given day, you can better stock inventory, better staff your facilities, and ultimately keep more margin in your business's accounts.

The Indian telecom sector has been going through consolidation phase with the major players vying for the lucrative data services market, which is estimated to be worth 950 billion rupees by 2020, growing at a compounded annual rate of 21 percent, as per a report from Business Line. Bharti Airtel has consolidated its position as the No. 1 player with its acquisition of Tata Teleservices’ mobile business and Vodafone’s acquisition of Idea will really change the pecking order, the report suggested.

Depression is a leading mental disorder impacting about 16 million Americans. According to the World Health Organization, the annual global economic impact of depression is estimated at $1 trillion and is projected to be the leading cause of disability by 2020.

Biometric solutions are typically used for security and access control across businesses and government organizations. The U.S. government has taken keen interest in biometric applications and has been aggressively funding advanced research programs in businesses that offer biometrics.

Heart disease is the leading cause of death in the United States and currently affects an estimated 28.4 million Americans. According to a report published by the American Heart Association, in 2016, the economic burden of cardiovascular diseases (category of heart and blood vessel diseases) totalled $555 billion and is projected to reach $1 trillion by 2035.