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Predictive analytics is the use of algorithms on existing data sets to predict future trends or outcomes. In part 1 of this article, we learned what predictive analytics is and how it is revolutionizing the e-commerce industry by improving conversions of online sales. We also saw various use cases wherein we can apply predictive analytics technology to…
Predictive analytics has been around for decades, but its practical applications have only begun to reach the limelight. Predictive analytics is used to extract information from existing data sets to make precise predictions of future events using the sciences of advanced analytics. The main techniques used are artificial intelligence are machine learning, data mining, statistical…
Lorien Pratt published the first known paper on transfer learning in 1993. Since then, there has been a lot of research in this space. With time, it has made deep learning more straightforward. It’s importance and value escalated so much that in 2016, Angre Ng had this to say about transfer learning: “Transfer learning will become a…
Since its inception, Artificial Intelligence (AI) has come a long way both as a concept and as a technology. Today, AI is an integral part of the most demanding and fast-paced industries across verticals. One of such sectors in fin-tech services and AI has well asserted its importance to the sector well enough. Let’s look…
Exploratory data analysis is one of the best practices used in data science today. EDA is all about using statistical modeling and visualization techniques to reform the available data. The reformation is carried out to filter out essential aspects of that data for further analysis. At an advanced level, EDA involves looking at and describing…
Communication Service providers (CSPs) today are looking at applications of artificial intelligence (AI) in the telecom industry to ensure a seamless service and user experience for their clients. Also, as 5G services enter the telecom sector, the CSPs would face renewed pressure to meet client expectations and integrate the new emerging complexities in their existing…
With IBM Watson, virtual health assistants, medical imaging diagnostics, the AI-powered medical care center in China, etc., Artificial Intelligence (AI) has already made its mark in the healthcare sector. All major players in the healthcare sector today look to leverage AI one way or another to improve healthcare using AI. Let’s look at some real-life…
In the digital era, volumes of sensitive data are maintained by governments and enterprises. Cyber security involves the deployment of various methods that protect this information technology from unauthorized access. However, the nature of cyber-attacks is constantly evolving. Therefore, it becomes imperative that businesses and national bodies invest in artificial intelligence to bolster cyber security….
Right now, and for the foreseeable future, the most evolving and useful technology is Artificial Intelligence (AI), and it is unlikely that you would find the latest smartphones without any sort of AI power. A list of mid-range and high-end smartphones are seen to have AI-powered cameras apart from other profound features. But, is artificial…