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How to Get Real-time Insight with Machine Learning and Centralized Data

#artificialintelligence

Enterprises today rely on data as the foundation of business success, whether the goal is to better understand customers, build new or better products and services, or manage cost and risk. Data is now the prime raw material for creating value; across all industries, it's the norm to hold vast stores of data. An issue that remains unresolved, however, is how well and how efficiently data can be applied. Firms are still wrestling with the challenge of making big data work for them, in use cases ranging from enterprise analytics, customer 360, and product personalization to revenue assurance and fraud detection. All the data in the world has no value unless it's accessible and actionable.


Brian Hopkins' Blog

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Business and technology management executives wondered what big data meant, when the cloud would disrupt their companies, and how to engage effectively on social channels. In 2016, Hadoop turned 10, the cloud has been around even longer, and social has become a way of business and life. As a refresh to my 2014 blog and report, here are the next 15 emerging technologies Forrester thinks you need to follow closely. We organize this year's list into three groups -- systems of engagement technologies will help you become customer-led, systems of insight technologies will help you become insights-driven, and supporting technologies will help you become fast and connected. You might have noticed a few glaring omissions.


AI is from Venus, Machine Learning is from Mars

#artificialintelligence

The rise of cloud computing brings with it the promise of infinite computing power. The rise of Big Data brings with it the possibility of ingesting all the world's log files. The combination of the two has sparked widespread interest in data science as truly the "one ring to rule them all." When we speculate about such a future, we tend to use two phrases to describe this new kind of analytics--artificial intelligence (AI) and machine learning. Most people use them interchangeably. AI develops conceptual models of the world that are underpinned by set theory and natural language.


Apple (aapl) stock gains, purchases tuplejump

#artificialintelligence

Shares of Apple (AAPL) were increasing in late-afternoon trading on Thursday as the company agreed to purchase Tuplejump, TechCrunch reports, citing sources. Tuplejump is an India-based company that specializes in machine learning technology, or an artificial intelligence capability that enables computers to recognize patterns in data without being explicitly programmed. Apple is looking to utilize Tuplejump's "FiloDB" program, an opensource project that applies machine learning technology to data as it streams in, according to TechCrunch. Apple has purchased several machine learning companies in the past few years. It acquired the Seattle-based company Turi for 200 million in August, and U.K.-based artificial intelligence company Perceptio in 2015.


London Fintech Almax Analytics Emerges from Stealth with an Advanced Artificial Intelligence Engine - NASDAQ.com

#artificialintelligence

LONDON, UK / ACCESSWIRE / September 22, 2016 / Almax Analytics, a software platform delivering actionable insights, announced today they have emerged from stealth (development) with a customer ready product for the Financial Markets. Almax debuted in January 2016 as an Innovative Company to Watch by KPMG Luxembourg and quickly built demand and investor interest, thereby closing the seed round April 2016 to develop this first to market technology. "We are excited to present our product to the market and have worked hard to deliver this technology," says Balazs Klemm, Chief Executive and Founder. "On behalf of the company I need to thank our loyal supporters and the Almax team for their commitment and patience. We look forward to growing the business and already engaged in Series A financing discussions."


Fei Fei Li Looks to Solve the Problem of Artificial Intelligence

#artificialintelligence

Right after the Startup of the Year competition finished, Fei Fei Li, the director of the Artificial Intelligence Lab at Stanford University, took the stage at Innovate! and Celebrate to welcome entrepreneurs, founders, and attendees to the conference with an in-depth discussion of artificial intelligence. And when we say in-depth, that is exactly what we mean. Li started the discussion off by discussing the importance of vision when it comes to general intelligence. Going back more than 500 million years, she explained that there was no bigger evolutionary expansion than the development of one particular body part: the eyes. "The Cambrian explosion was triggered by the evolution of vision. Visual intelligence is a key aspect of general intelligence."


What Publishers Need to Know About AI

#artificialintelligence

Last week, Publishing Executive hosted a webinar in which we spoke with two experts about how publishers can compete with the kind of sticky user experience that leading platforms like Facebook offer by employing artificial intelligence. We had a lot of great questions throughout the webinar but we weren't able to answer every last one. Boomtrain CEO and co-founder Nick Edwards took a few minutes to answer some of publishers' lingering questions about AI. Check out the Q&A below and click here to watch 7 Steps for Publishers to Get Started With Artificial Intelligence. What is Artificial Intelligence and how does it affect publishers today?


Apple Buys Tuplejump to Expand Machine-Learning Capabilities

#artificialintelligence

Apple Inc. has acquired Indian machine-learning startup Tuplejump Software Pvt Ltd as it seeks to expand its expertise in artificial intelligence. The iPhone maker bought the Hyderabad, India-based company in June, according to a person familiar with the deal who asked not to be identified. Tuplejump's software specializes in processing and analyzing big sets of data quickly. The deal was reported earlier by TechCrunch. The purchase price wasn't disclosed.


ICICI Bank ICICI Bank introduces 'Software Robotics' to power banking operations

#artificialintelligence

Mumbai: ICICI Bank, India's largest private sector bank, today announced the deployment of'Software Robotics' in over 200 business processes across various functions of the bank. The bank is the first in the country and among few, globally, to deploy'Software Robotics' that emulates human actions to automate and perform repetitive, high volume and time consuming business tasks cutting across multiple applications. At ICICI Bank, software robots have reduced the response time to customers by up to 60% and increased accuracy to 100% thereby sharply improving the bank's productivity and efficiency. It has also enabled the bank's employees to focus more on value-added and customer-related functions. The software robots now perform over 10 lakh banking transactions every working day.


Yahoo hack: How to know if you're affected, and what to do to protect yourself from the world's biggest hack

The Independent - Tech

Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display