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5 Industries Being Transformed by Big Data & Machine Learning in the Cloud

#artificialintelligence

This post is by Herain Oberoi, Senior Director of Product Marketing at Microsoft. Just over a year ago, we announced the Microsoft Cortana Intelligence Suite with the goal of helping customers use Big Data, Advanced Analytics and Machine Learning technologies in the cloud to derive insights, predict outcomes and prescribe actions based on their data. Cortana Intelligence provides an end to end set of cloud services and pre-configured solutions to enable line of business departments such as Sales, Marketing, Finance, Operations and more to accelerate their digital transformation projects. A year into the release, Cortana Intelligence has had big impact on customers across healthcare, retail, manufacturing, financial services and government and other industries. The range of creative solutions that our customers have come up with, to address their business needs, has been very impressive.


Microsoft's FPGA-powered supercomputers can translate Wikipedia faster than you can blink

PCWorld

Microsoft's servers are now powered by optimized custom chips that joined together to translate the entirety of Wikipedia in literally less than a blink of an eye. In a demonstration at Microsoft's Ignite conference on Orlando, Microsoft tapped what it called its "global hyperscale" cloud to translate 3 billion words across 5 million articles in less than a tenth of a second. Microsoft helped custom-design the programmable logic components, or Field Programmable Gate Arrays (FPGAs), that it has added to each of its computing nodes. The company recognizes that smarter, more computationally intensive technologies will require more computing power on the back end, whether those technologies revolve around Microsoft's own Cortana digital assistant--which can now intelligently reschedule your workout to meet your fitness goals--or something that can recognize a distracted drivers, as the automobile manufacturer Volvo is researching. Microsoft's Cortana now includes health-specific information.


Chatbots and Service Industry โ€“ Towards a better customer experience

#artificialintelligence

As Artificial Intelligence race is on, major tech companies are already developing Chatbots to serve their customer in a better way. Many customer services oriented businesses believe that Artificial Intelligence tool could help their companies. But are not sure if their business is sophisticated enough to implement Chatbots in their systems. While there are some imperatives for implementing an AI-based virtual assistant in your organisation, the entry barrier is much lower than many believe. Chatbots and Service Industry can go together till long extend to solve customer queries efficiently saving human cost and giving customers a pleasant and personalised experience.


SignalFire Machine Learning Algorithms Pick 8 Hot Startups - Nanalyze

#artificialintelligence

Imagine if you could analyze trillions of data points using machine learning algorithms to come up with a list of the absolute best startups to invest in. That's no small task as there are an estimated 23,000 startups in Silicon Valley alone. One startup called SignalFire is doing just that by taking unstructured data from over 2 million data sources and then using machine learning algorithms to pick the best startups to invest in. Wouldn't you be the least bit curious to know which companies they picked? We were extremely interested to know, so we had one of our on-staff PhDs take a look on Crunchbase and lo and behold, 8 startups were listed that SignalFire has invested in so far.


Why A.I. and humans are better together

#artificialintelligence

Steam rolled out of the pot, and my kitchen was filled with an intoxicating blend of scents. I'd cooked a turkey ragu before, but as soon as I opened the pot, I knew this would be an entirely different experience. There were the familiar, comforting notes of ground turkey and mushrooms, but there was also earthiness from the beets, the fire of serrano chile, and an unexpected brightness from the coriander seed (coriander seed!). My dinner wouldn't have been out of place at one of San Francisco's trendy food trucks or upscale restaurants, but coming out of my 15 IKEA pot, it was unbelievable. As I mixed in the pasta and ricotta cheese and took the first incredible bite, I realized that A.I. could do a lot more for me than just beating me at Go.


Why we must embrace digital disruption and ensure no worker is left behind

#artificialintelligence

Disruption in the workforce is hardly a new phenomenon. Mechanisation of manufacturing, mass production and the advent of the internet and computers have all changed the way that work is done. Earlier waves of industrialisation have primarily affected low-skilled manual labour and past improvements in technology have typically made jobs at the lower end of the skills spectrum obsolete โ€“ for example, flight navigators but not pilots; typists but not data analysts. There is wide acceptance that this has led to productivity improvements and higher economic growth โ€“ new jobs were generated that led to improvements in standards of living. The benefits have overwhelmingly outweighed the costs and there has never been a better time to be a human being. The current wave, characterised by automation becoming smarter, machine-to-machine communication, artificial intelligence and continued technological improvements โ€“ and otherwise described at the fourth industrial revolution โ€“ still brings uncertainty and threatens a broader range of occupations and skill levels.


FinTech Trends: Robots in Financial Services HCL Blogs

#artificialintelligence

Bank of America Merrill Lynch released a report this week that said that annual global sales of robots has reached a record 10.7 billion in 2014. The authors valued the overall market for robotic technologies (including related software and sensors) at 32 billion for that same year. By 2020, the authors expect the robot market to be worth 83 billion. The autonomous driverless cars, developed by Google, provide one example of how manual tasks in transport and logistics may soon become automated. The combination of AI, machine learning, deep learning, and natural user interfaces (such as voice recognition) is making it possible to automate many knowledge-worker tasks.


5 things you didn't know about Amazon's 'Alexa'

USATODAY - Tech Top Stories

Amazon's Echo voice-activated speaker has more "skills" than you may be using. Amazon's Echo has become a sleeper hit thanks to tasks its digital assistant Alexa can carry out. There's probably more you could do with it. In case you haven't played around with an Echo or similar Alexa-driven voice speakers, the 179 cylindrical-shaped, cloud-connected speaker sits in a room and you use your voice to ask a question or give a command. Using the wake word "Alexa," a sensitive microphone picks up the request and dishes up the info you want in a human-like voice.


Our values alive and well

#artificialintelligence

Contrary to what some people will try to tell you, there are Canadian values. We aren't just a collection of disparate people who happen to occupy the same country. We're one of the few nations on earth with a native-born and immigrant population that welcomes people from all over the world to come here, work hard, obey the law, live in peace and freedom, and help each other. To pick one of countless examples, Canada is Jamaican-Canadians extending a helping hand to a brilliant young Albanian-born computer student, whose family immigrated here 17 years ago when he was four, leaving behind the turmoil of the Kosovo war. Jurgen Aliaj, 21, is the student and the Jamaican-Canadians who are helping him head the Independent United Order of Solomon, a charity run by my friends Lloyd and Madaine Seivright.


Artificial intelligence has rising impact on financial markets

#artificialintelligence

Automation and artificial intelligence are profoundly transforming trading and markets. Many scientists and futurists agree that the effects of artificial intelligence and automation on society are difficult to predict. While many predicted that the tip of the spear for such technology would play out in areas such as medicine or general computer system markets, the AI revolution is already underway in the financial markets. Many of the predicted challenges and solutions are occurring now -- in real time. Financial technology becoming possibly the first major component of society to be completely AI enabled is not surprising if you consider that financial markets are inherently big-data intensive, attract bright minds and high-quality capital, and often have a short investment-to-profit time horizon.