Latest AI Articles:

Episode Summary: This week’s episode covers the medical applications of machine vision for the diagnosis and treatment of cancer. Medical science has integrated AI since the late 90s, and it’s been useful in the fight against cancer. This week’s guest is Dr. Alexandre Le Bouthillier, founder of Imagia. Imagia is a medical imaging company which specializes in using AI and machine learning to detect cancer in its early stages so that oncologists can make quicker, more accurate diagnoses for patients.

Artificial intelligence and machine learning adoption among different industries represents a new chapter in digital transformation. However, according our own research across industries, AI adoption in 2017 remains low with majority of major success stories coming only from the largest tech players in the industry (Google, Baidu, Apple, etc). McKinsey Global Institute estimates that in 2016, tech giants invested $20-30 billion into AI, while smaller companies altogether invested an estimated $6-9 billion.

Medical devices sector, part of the $3 trillion healthcare industry in the United States, is an area of growth and innovation where researchers and manufacturers are seeking to integrate accuracy with automation. According to the most recent data reported by SelectUSA, (a program within the International Trade Administration at the U.S. Department of Commerce), the United States held 40 percent of the $140 billion global medical device market in 2015.

Episode summary: This week on AI in Industry, we speak with Equifax's Dr. Rajkumar Bondugula about how the dynamics, composition and requirements of the data science team have evolved over the years. Raj also shares valuable insights on how to build a robust data science and machine learning team, use its collective intelligence to solve problems, and retain the team by engaging them with the right problems they expect to solve.

Technology Provider: DigitalGenius, an artificial intelligence solutions provider for customer service operations.
User Company: Joybird
User Company Description: Joybird offers handcrafted custom mid century modern furniture in 100+ fabric and leather options.
Industries: Retail, Furniture
Applications: Customer Support, Customer Experience

The healthcare analytics market continues to gain traction as the healthcare industry transitions to a value-based care model. Value-based care focuses on quality of care delivery as opposed to volume of patients served. There are great opportunities for data analytics due to the high volume of information that must be routinely collected, tracked and interpreted, particularly in the hospital setting. Examples of value-based care programs in the hospital setting include the Hospital Value-Based Purchasing (HVBP) Program and the Hospital Readmission Reduction (HRR) Program.

Though in its nascency, the Indian banking sector is beginning to adopt artificial intelligence (AI). While large commercial and investment banks globally are incorporating AI and blockchain for both back-office and customer-facing purposes, in India, widespread adoption of these technologies has not yet come to fruition. 

Machine translation has significantly evolved over time, especially in terms of accuracy levels in its output.

This week on AI in Industry, we explore IoT security with Bob Baxley (Chief Engineer at Bastille). This includes information on how different IoT security is compared to infosec, the unique challenges IoT security presents (for detecting and scanning wireless network traffic that runs on various protocols and for classifying types of cyberthreats), what the future of IoT security might look like, and how deep learning and machine learning tools can be used to better classify and detect threats and attacks in the cyberspace.

Gunjan Bhardwaj is the Founder and CEO of Innoplexus, a leader in AI, machine learning, and analytics as a service for healthcare, pharma, and the life sciences. He was earlier with the Boston Consulting Group and before that the leader of the global business performance think-tank of Ernst & Young and a manager in the German practice with a solution focus on strategy and innovation.