Data science provides a venue that exercises the inquisitive mind. The opportunity to investigate new datasets and understand their value for a theory or model never ceases to fascinate and enthrall. That inquisitive nature -- the mission to understand what drives value in the commercial real estate (CRE) market -- runs at the core of what we do here at GeoPhy. It leads to the exploration and analysis of a wide variety of data. This variety and the unprecedented volume of data now available provide two of the conventional "V's" of big data , and make this quest both a compelling and complicated one -- like fitting together pieces of a puzzle.
Machine Learning is the new buzz word and AI is the slang word these days. What does happen in this exiting field in Europe? Is AI common ground for all businesses or the exclusive territory for a few? Who has managed to validate a business model for autonomous vehicles or chatbots?Whatdoesdata-drivenor API-firstbusinessmodelslook like? With this report we want to provide a comprehensive review of investment in startups and high-growth AI and Data Analytics companies across 22 countries in Europe.
According to TechSci Research report, "United States Artificial Intelligence Market, By Application, By Region, By End User Competition Forecast & Opportunities, 2011-2021", the artificial intelligence market in the US is projected to grow at a CAGR of 75% during 2016 - 2021 on account of growing artificial intelligence technology adoption in consumer electronic devices, research and developmental activities in healthcare industry, unmanned aerial vehicles, autonomous cars, etc. Moreover, venture capital investments in this sector, are in full swing, especially in the US. The country is witnessing numerous start-ups sprouting every year, backed by various angel investors and venture capitalists. Major venture capitalist active in the United States artificial intelligence market include Accel, General Catalyst Partners, GV, Work-Bench, Promus Ventures, Kleiner Perkins Caulfield & Byers, Khosla Ventures, Samsung Electronics, Wipro Technologies, Samsung Global Innovation Centre, Goldman Sachs, Bank of America Merrill Lynch, and Formation 8, among others. In 2015, western region of the United States dominated the artificial intelligence market of the country, on account of presence of major end users such as cyber security solution providers, healthcare institutes, government headquarters, etc., in the region.
The traditional banking business is undergoing an exciting period of disruption. Big data, blockchain, an eruption of new competitors of all shapes and sizes … With so much that is new, we run the risk of overlooking how artificial intelligence is already beginning to change the core of the financial business. Its impact is clearly manifest in five areas: Credit scoring (or creditworthiness or rating), market research, personal assistants, asset management, and fraud detection. Startups like Kensho, recently acquired for $550 million, and Dataminr use artificial intelligence algorithms to improve the management of financial assets. Dataminr is specifically focused on identifying patterns and indexes via social networks, whereas Kensho stands out for its ability to establish correlations between news – from Brexit to natural catastrophes – and the markets.
You've just bought a designer bag using a credit card. An hour later, you receive a text message on your smartphone from the bank that issued the card: "We've found you a pair of shoes and a dress that match that bag you just bought. Together, they would make the perfect outfit for the Bentley event you noted on Facebook which has a black-and-gold theme. If you buy the shoes and dress with the same credit card in the next seven days, you'll get 10 per cent off." Sounds futuristic - and maybe a tad invasive - but the technology to do all this is already available today.