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Machine learning, A.I to follow on the priority list for businesses: SAP ZDNet
While assisting customers through their digital transformation is the current priority for SAP, CEO Bill McDermott has predicted over the next five to 10 years the hype will be around machine learning, artificial intelligence, and augmented reality. "I think very strongly that intelligent applications will fundamentally change the way you do work in the enterprise and the way you collaborate with your trading partners outside of the enterprise," he said during his keynote at 2016 SAP Sapphire Now. He went on to say it's no longer viable for businesses to just automate internal processes, rather the future needs to focus on using automated systems to make intelligent predictions. "This idea of CRM and SFA -- that's dead; everybody has got that. We're not just automating internal sales process anymore so the sales director has a sales forecast that makes sense. Even with all that technology investment you still only have about 22 percent confidence on the sales forecast, while other companies have 44 percent, so there's something wrong with the sales forecast," he said.
Sony invests in artificial intelligence startup Cogitai
Japan's Sony said it plans to build up its artificial intelligence (AI) business and eventually turn it into a major revenue source, beginning with an investment in a U.S. startup. The electronics maker has invested an undisclosed sum in California-based Cogitai. The year-old firm, founded by three researchers, focuses on technology that allows machines to learn continually and autonomously from interaction in the real world. The move comes a time when major technology companies such as Facebook, Apple, and Alphabet's Google are spending aggressively on AI ventures. "From an objective perspective, we are lagging behind," Hiroaki Kitano, chief executive of Sony Computer Science Laboratories, said in an interview. "But there are still unexplored areas -- some in cyberspace but vastly more in the physical world," Kitano said.
Meet 'Snips,' A Virtual Assistant That Doesn't Talk Back
Snips is a new take on the virtual personal assistant. Science fiction has enrapt the world with conversational artificial intelligence. Iron Man's Jarvis is the most notable culprit, but Her's Samantha and even the droids in Star Wars imagine a world where supercomputers integrate seamlessly into our everyday life. But that's not the only way for computers to help. Snips, a French company just launching in the United States, has a different idea about how to serve as a personal assistant. Snips connects to every relevant data stream in your phone--contacts, email, calendar, accelerometer, location data--and logs everything.
First Look: Sparkling Logic Update
Sparkling Logic is focused on enabling business and data analysts to manage automate decisions better and faster โ what they call Analytics driven Decision Management. Sparkling Logic was founded in 2010 and I have blogged a few times about their decisioning platform (most recently here). Customers include Equifax, Paypal, FirstRate, Accela, Northrop Grumman and others across a wide range of solution areas with a strong focus on enterprise customers. These enterprise customers are very focused on multiple projects, enterprise integration and supporting both on-premise/cloud deployments. The Product Portfolio now includes Pencil, a decision modeling and requirements tool, and SMARTS, their full lifecyle decision management platform supporting predictive models, data analysis, and expertise / business rules. SMARTS is available on premise, on cloud or embedded in another product and runs across Java and .NET deployments.
Principal Components Regression in R, an operational tutorial
Win-Vector LLC's Dr. Nina Zumel has just started a two part series on Principal Components Regression that we think is well worth your time. You can read her article here. Principal Components Regression (PCR) is the use of Principal Components Analysis (PCA) as a dimension reduction step prior to linear regression. It is one of the best known dimensionality reduction techniques and a staple procedure in many scientific fields. We often find ourselves having to often remind readers that this last reason is not actually positive.
What Makes IBM's Watson and Others So Extraordinary? - Champ IT Solutions
Do you understand the relative impact that machine learning and predictive analytics can have over patient care? If you work in the healthcare industry, I'd suggest that you familiarize yourself with these technologies because working in this environment will soon be an unavoidable reality. This way of treatment with machine learning and predictive analytics is becoming more accepted in today's healthcare industry, but people are still more than 80% under water when it comes to a full-fledged understanding of these cutting edge solutions. There are thousands of healthcare IT companies all over the United States that insource and outsource the development of software and mobile ready applications to solve issues being faced in the technological age of EMRs. It's tough to turn a blind eye to the big named corporations like IBM, rolling out Watson, the machine learning powerhouse that is being implemented across multiple industries, including healthcare.
How to justify the purchase of a data integration tool
The growing importance of business intelligence and data analytics applications in driving business decision making has made data integration's vital role in the enterprise crystal clear. From gathering data, transforming it into useful information and delivering it to the business users or processes that need it, data integration routines provide the crucial link between a variety of source and target systems. As the first article in this series examined, several types of packaged software have emerged to meet the challenges of data integration. The current generation of data integration tools consists of full-fledged suites that support extract, transform and load (ETL) processes, application integration, cloud-based and real-time integration, data virtualization, data cleansing and data profiling. How can you determine if your organization should invest in a data integration tool?
Why your consumer product sales strategy needs to incorporate
For consumer product companies to leverage sales and increase overall growth, professional development is a top priority for the VP of sales. But it can be challenging to determine where to allocate resources and training budgets. The VP of sales needs to pay careful attention to return on investment (ROI) and ensure that educational spending is improving sales team performance. Here are three data-driven approaches that executives can use to tackle team education and enablement challenges for consumer product sales. At a CPG company, the VP of sales is responsible for developing and driving go-to-market strategies while also ensuring a unified value proposition.
An Introduction to Semi-supervised Reinforcement Learning
As usual, our goal is to quickly learn a policy which receives a high reward per episode. We can apply a traditional RL algorithm to the semi-supervised setting by simply ignoring all of the unlabelled episodes. This will generally result in very slow learning. The interesting challenge is to learn efficiently from the unlabelled episodes. I think that semi-supervised RL is a valuable ingredient for AI control, as well as an interesting research problem in reinforcement learning.
Move Over Creators! Robots Could Replace Physicists After AI Breakthrough
Researchers from a joint Australian National University (ANU), University of Adelaide and UNSW ADFA project were surprised to find artificial intelligence could be used to replicate the 2001 Nobel Prize winning experiment that trapped extremely cold gas in a laser beam, known as the Bose-Einstein condensate. Physicists put themselves out of job use artificial intelligence to run complex experiment https://t.co/FKLwQQ7ZX0 "I didn't expect the machine could learn to do the experiment itself, from scratch, in under an hour," said ANU co-lead researcher Paul Wigley. "A simple computer program would have taken longer than the age of the universe to run through all the combinations and work this out." Bose-Einstein condensates are some of the coldest places in the universe and their extreme sensitivity can be used for mineral exploration or navigation.