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Where To Find The UK's Accelerators and Incubators

Forbes - Tech

How much support is out there for growing UK businesses? The short answer is plenty – if you know where to look for it. New research published by the innovation group Nesta and the Department of Business shows there are now almost 400 accelerators and incubators active in the UK, all of which are anxious to work with small businesses identified has having growth potential. The study reveals that 205 incubators, 163 accelerators, 11 pre-accelerators, seven virtual accelerators and four virtual incubators are currently active in the UK. Nesta defines accelerators are defined as highly selective, fixed duration programmes that run in cohorts, typically growth-based with a focus on services such as mentorship and entrepreneurial training rather than physical space.


Synechron deploys AI, data science applications for financial services firms

#artificialintelligence

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.


Synechron Launches AI Data Science Accelerators for the BFSI sector

#artificialintelligence

Synechron the global financial services consulting and technology services provider, has announced the launch of its AI Data Science Accelerators for Financial Services, Banking and Insurance (BFSI) firms. These four new solution accelerators help financial services and insurance firms solve complex business challenges by discovering meaningful relationships between events that impact one another (correlation) and cause a future event to happen (causation). Following the success of Synechron's AI Automation Program – Neo, Synechron's AI Data Science experts have developed a powerful set of accelerators that allow financial firms to address business challenges related to investment research generation, predicting the next best action to take with a wealth management client, high-priority customer complaints, and better predicting credit risk related to mortgage lending. The Accelerators combine Natural Language Processing (NLP), Deep Learning algorithms and Data Science to solve the complex business challenges and rely on a powerful Spark and Hadoop platform to ingest and run correlations across massive amounts of data to test hypotheses and predict future outcomes. The Data Science Accelerators are the fifth Accelerator program Synechron has launched in the last two years through its Financial Innovation Labs (FinLabs), which are operating in 11 key global financial markets across North America, Europe, Middle East and APAC; including: New York, Charlotte, Fort Lauderdale, London, Paris, Amsterdam, Serbia, Dubai, Pune, Bangalore and Hyderabad.


A Guide to AI Accelerators and Incubators

#artificialintelligence

A Guide to AI Accelerators and Incubators I. Rationale for the post Well, let's be completely honest: the current startups landscape is incredibly messy. There are plenty of ways to get funded to start your own company--but how many of them are not simply'dumb money'?


Synechron launches AI data science accelerators for FS firms

#artificialintelligence

These four new solution accelerators help financial services and insurance firms solve complex business challenges by discovering meaningful relationships between events that impact one another (correlation) and cause a future event to happen (causation). Following the success of Synechron's AI Automation Program – Neo, Synechron's AI Data Science experts have developed a powerful set of accelerators that allow financial firms to address business challenges related to investment research generation, predicting the next best action to take with a wealth management client, high-priority customer complaints, and better predicting credit risk related to mortgage lending. The Accelerators combine Natural Language Processing (NLP), Deep Learning algorithms and Data Science to solve the complex business challenges and rely on a powerful Spark and Hadoop platform to ingest and run correlations across massive amounts of data to test hypotheses and predict future outcomes. The Data Science Accelerators are the fifth Accelerator program Synechron has launched in the last two years through its Financial Innovation Labs (FinLabs), which are operating in 11 key global financial markets across North America, Europe, Middle East and APAC; including: New York, Charlotte, Fort Lauderdale, London, Paris, Amsterdam, Serbia, Dubai, Pune, Bangalore and Hyderabad. With this, Synechron's Global Accelerator programs now includes over 50 Accelerators for: Blockchain, AI Automation, InsurTech, RegTech, and AI Data Science and a dedicated team of over 300 employees globally.