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Toptal Launches Artificial Intelligence and Data Science Talent Specializations

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The new service offerings will leverage Toptal's unparalleled network of global talent to help businesses staff artificial intelligence and data science projects Toptal, a global network of top talent in business, design, and technology that enables companies to scale their teams, on-demand, today announced the launch of its two new on-demand talent specializations to meet the rising demand for skilled artificial intelligence and data science engineers. Tapping into Toptal's private network of highly skilled software professionals, the new specialized service will connect organizations with freelance artificial intelligence and data science professionals who are experts in machine learning, deep learning, data architecture, and data mining. "Businesses across every sector are moving quickly to leverage the power of artificial intelligence and data science optimization. For many of them, access to high-quality talent is the critical hurdle," said Taso Du Val, Toptal co-founder and CEO. "With these service offerings, Toptal is providing businesses with the unique opportunity to quickly staff their AI and data science initiatives with elite talent. Our company was made by engineers for engineers, so we care deeply about matching our clients with experts who have the exact skills and real-world experience they need to realize their goals."


Synechron deploys AI, data science applications for financial services firms

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Synechron Inc., a New York-based technology consulting and outsourcing firm, has started deploying data science and artificial intelligence-based applications for banking, financial services and insurance companies. These applications, or accelerators, will help financial services companies solve complex business problems by discovering relationships between events that impact one another and cause a future event to happen, the company said in a press release. Faisal Husain, co-founder and chief executive of Synechron, said the data science accelerators provide a powerful causation platform and business-driven use cases for four complex financial services challenges. Synechron said its s AI data science experts have developed a set of accelerators that allow financial services companies to address business challenges related to investment research generation, predicting the next best action for a wealth management client, high-priority customer complaints, and predicting risk on mortgage. The accelerators combine Natural Language Processing, Deep Learning algorithms and data science to solve problems.


New Redwood Software Research Reveals Market Giants Open up about Their Move towards Automation

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BURNHAM, United Kingdom--(BUSINESS WIRE)--Oct 22, 2018--Large-scale organisations are becoming increasingly open about the implementation of artificial intelligence (AI), robotic and automation technologies, according to research announced today by Redwood Software. Analysing the 2017/2018 annual reports of all 100 publically listed companies, 39 per cent mentioned the use of automation across the business, 34 per cent cited AI and 21 per cent of the reports nodded to the use of robotics. In comparison to last year's results, mentions of robotics were up 162 per cent, while references to AI more than tripled, highlighting a 386 per cent increase year-on-year. While all three technologies were raised across the reports for a variety of reasons, insurance company Aviva said it was looking to both AI and robotic automation to increasingly transform the efficiency of operations, as well as transform the customer experience. Meanwhile, online British supermarket Ocado mentioned AI, robotics and automation are helping drive innovation and create a sustainable technological advantage in an increasingly competitive market.


US DOT tells self-driving shuttle company to stop transporting kids

Engadget

Sorry kids, neither you nor robots can be trusted. The US Department of Transportation's National Highway Traffic Safety Administration (NHTSA) has told Transdev North America to stop hauling children around in its EZ10 Generation II autonomous shuttles in Babcock Ranch -- a community in Southwest Florida. It seems that the NHTSA has some safety concerns. "Using a non-compliant test vehicle to transport children is irresponsible, inappropriate, and in direct violation of the terms of Transdev's approved test project," NHTSA Deputy Administrator Heidi King said in a press release. Earlier this March, NHTSA approved Transdev to test and demonstrate its autonomous shuttles.


Learning AI: The Way to Flourish in the Future

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Since Klaus Schwab drew attention to the arrival of the 4th Industrial Revolution in January 2016, we are witnessing the significant impact of Artificial Intelligence and its more well known subset, often seen as its synonym of Machine Learning that led Andrew Ng to propound " AI is the new electricity". India created the IITs in the 1960s that helped some Indians to achieve places of eminence in the technical and business world of the 3rd Industrial Age. Today, India is a ' KRANTI' nation poised to play center-stage in the AI age leveraging the opportunity as a ' learning movement' amongst its masses, evidenced by the rapid adoption of the mobile phone. A group of former IIT faculty and students led by Prof. M.M. Pant have started a movement of AI awareness and lifelong learning to spread knowledge about AI as per one's need. Their Mission 2020 is to prepare not only the young but all ages for their future in the 4th Industrial Age.


Understanding deep learning (part 3): Applications of deep neural networks

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This video has been produced by the Tesseract Academy (http://tesseract.academy), a company whose mission is to educate decision makers in deep technical topics such as data science, AI, and blockchain.


Microsoft and Niti Aayog partner to deploy AI solution

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The country's premier think tank Niti Aayog and Microsoft India have signed a partnership to deploy artificial intelligence based solutions across various sectors such as agriculture and healthcare. According to the agreement, Microsoft India will support Niti Aayog by combining the cloud, AI, research and its vertical expertise for new initiatives and solutions across several core areas including agriculture and healthcare and the environment. Microsoft will also accelerate the use of AI for the development and adoption of local language computing, in addition to building capacity for AI among the workforce through education, the company said in a statement. Amitabh Kant, CEO - NITI Aayog said that for our country, the power of Artificial Intelligence needs to be brought to bear in sectors like healthcare, education, environment and agriculture, which are important for the inclusive development of India. "Simultaneously, we should utilize the power of AI to build understanding of the different regional languages prevalent in India."


Compulink Showcases Rheumatology Specific Artificial Intelligence EHR Solution at ACR/ARHP 2018

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WIRE)--Compulink Healthcare Solutions, the creator of Advantage SMART Practice, an all-in-one EHR and practice management solution powered by artificial intelligence (AI), will demonstrate its rheumatology-specific system, Rheumatology Advantage at this week's American College of Rheumatology's Annual Meeting. Advantage uses AI technology and real-time data from the clinic to completely automate tasks such as billing, along with eliminating steps to improve patient flow. "We expect this release to take our client's efficiency across their entire clinic to a whole new level," said Link Wilson, CEO and founder of Compulink. "Our SMART billing features will reduce the amount of time required to generate and work claims by about 90%. With our SMART workflow engine, we're looking for patient throughput to increase by as much as 15% or more. And with our mobile patient engagement, the ability to engage patients in their own care while growing your patient base is really limitless."


Redtail Technology Adds Artificial Intelligence to Advisor CRM

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Redtail Technology ("Redtail"), a leading provider of client relationship management (CRM) solutions for financial services firms, today announced the rollout of advanced artificial intelligence capabilities that will enable advisory firms of all sizes to access valuable data and trends about current and prospective clients directly within the CRM. Redtail's machine-learning features will make natural language processing accessible and affordable for the advisory community. Using the concept of "transfer learning," Redtail can utilize smaller amounts of data to begin the learning process. The system then analyzes emails, notes and text messages to predict and estimate client needs, create better outcomes, and discover important connections that enable all parties to make better financial decisions. "Given the volume of data typically required for a machine to start learning, this level of artificial intelligence has only been available at large institutions – until now," said Redtail CEO Brian McLaughlin.


Top of Mind for Insurance Leadership: New Business Models and Products in a New Digital Era of Insurance

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MORRISTOWN, N.J.--(BUSINESS WIRE)--The digital era shift is realigning fundamental elements of business that require major adjustments from insurers in order for them to survive and thrive, according to a new thought leadership report released today by Majesco (NYSE AMERICAN:MJCO), a global provider of core insurance platform software and consulting services for insurance business transformation. A new digital era of insurance focused on innovation and growth requires platform-based business models and solutions to succeed. The report, A New Business Model for a New Era of Insurance: Digital Insurance 2.0 in the Platform and API Economy, highlights the impacts of the shift to a new age of insurance, Digital Insurance 2.0. Underpinning this new era is the shift to the application programming interface ("API") and platform economy, which consists of key technologies such as cloud computing, open APIs, microservices, ecosystems, and data and analytics, which together help insurers create new business models, products and services, connect everything and, most importantly, create new customer experiences. "The digital age shift is now top of mind for every leadership team and board because it is extending an organization's growth and innovation capabilities," remarked Denise Garth, SVP - Strategic Marketing, Industry Relations and Innovation for Majesco.