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The Basics Behind Building Machine Learning Solutions

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After decades in research labs, machine learning is now getting enormous attention for real-world applications that harness the technology's formidable power to discern patterns in huge quantities and types of data at high speed: fraud detection, customer 360, facial recognition, workflow management, shopping personalization and much more. The payback of such initiatives can be big. But even greater opportunities lie in creating advanced analytic systems that use machine learning's unmatched ability to see, organize and leverage insights from ever-growing mounds of data to unlock the deep, transformative potential of Big Data and the Internet of Things. To get to the next level of machine learning, companies must develop a sound business case; implement machine learning algorithms for speed at scale; use systems equipped with processors with multiple integrated cores, faster memory subsystems, and develop architectures that can handle massive amounts data in real time. For many organizations, it is an ideal time to build on or begin machine-learning experience, deepen knowledge, and reap the benefits and competitive advantages this sophisticated data analytics technology can provide.


Global Big Data Conference

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Machine learning (ML) is quickly becoming a mainstay of the enterprise business world, yet entrepreneurs and small-business owners may shy away from investing in it. While you may not fully understand the ins and outs of ML or how it can benefit your small business, you can still make effective use of the technology without being an expert in it. We asked a panel of Forbes Technology Council members to share some smart ways entrepreneurs and small-business owners can leverage ML. Most ML models will require tons of data (the majority of them require supervised learning), which translates into a large effort that most entrepreneurs and small-business owners can't sustain. One approach is to leverage SaaS/PaaS services, such as the AWS portfolio of pre-trained artificial intelligence (AI) services: Comprehend, Rekognition, Lex, Personalize, Translate, Polly and others, each tailored to a specific domain.


Global Big Data Conference

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With a large percentage of the global workforce based remotely for the foreseeable future, more business than ever is being conducted over email. And while this modern convenience has been critical to the continued operation of many businesses in the current health crisis, it has also presented those businesses with new data security challenges. The unfamiliar environment of remote work -- not to mention its potential distractions, like children and pets -- leaves employees more vulnerable to misdirected emails and other mistakes that can lead to accidental data breaches. Scams aimed at both individuals and organizations (even healthcare facilities on the front lines of the pandemic have not been immune to their efforts) have also risen, attempting to capitalize on the situation. Accidental breaches are notoriously difficult to combat because they can be caused by something as simple as a typo in an email address.


Global Big Data Conference

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Financial crime as a wider category of cybercrime continues to be one of the most potent of online threats, covering nefarious actives as diverse as fraud, money laundering and funding terrorism. Today, one of the startups that has been building data intelligence solutions to help combat that is announcing a fundraise to continue fueling its growth. Ripjar, a UK company founded by five data scientists who previously worked together in British intelligence at the Government Communications Headquarters (GCHQ, the UK's equivalent of the NSA), has raised $36.8 million (£28 million) in a Series B, money that it plans to use to continue expanding the scope of its AI platform -- which it calls Labyrinth -- and scaling the business. Labyrinth, as Ripjar describes it, works with both structured and unstructured data, using natural language processing and an API-based platform that lets organizations incorporate any data source they would like to analyse and monitor for activity. It automatically and in real time checks these against other data sources like sanctions lists, politically exposed persons (PEPs) lists and transaction alerts.


Why AI is essential for controllers

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Artificial Intelligence is a hot topic. Applications based on machine learning make the news on a near-daily basis. Smart police cameras steered by algorithms can register drivers holding cell phones with great precision. Algorithms can dynamically determine the real-time prices for taxi rides, hotel rooms, airplane seats, and so on. High-frequency traders are getting rich as they sleep by letting their secret algorithms do the work.


Global Big Data Conference

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You have most probably heard of AI or artificial intelligence. You hear it being used as a theme in movies like "The Terminator" and other stories set in a technologically-advanced world, you read it on books and you even see it on the branding of several products such as smartphones. There is what is called "AI photography," "AI gaming," and a lot of other things branded as "AI." Even in gaming, AI is plastered all over, In the world of online gambling, the top online betting apps such as Betway India make use of "AI" to run their betting apps without the need to be manually controlled by a human. However, are the things that people call AI nowadays really what AI is? Are these things really what makes AI intelligent? What is AI, and how does it work?


Complete 2020 Data Science & Machine Learning Bootcamp

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Created by Philipp Muellauer Preview this Udemy Course - GET COUPON CODE Welcome to the Complete Data Science and Machine Learning Bootcamp, the only course you need to learn Python and get into data science. At over 40 hours, this Python course is without a doubt the most comprehensive data science and machine learning course available online. Even if you have zero programming experience, this course will take you from beginner to mastery. Here's why: The course is a taught by the lead instructor at the App Brewery, London's leading in-person programming bootcamp. In the course, you'll be learning the latest tools and technologies that are used by data scientists at Google, Amazon, or Netflix.


The inside story of Taiwan's AI whizz

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When Chih-Han Yu's work on multi-agent artificial intelligence (AI) was nominated as the best doctoral thesis of the year in 2010, the rising star in AI was not content with his stellar achievements, which included an early prototype self-driving car that laid the foundation for Google's self-driving car project. "People knew we were publishing high-quality research, but back in my dorm, my room-mate and I were thinking that we've worked on all this coding, but we have never seen any algorithm that has really impacted the world and transformed how people live and how business is done," said Yu, referring to his time at Harvard University. The duo decided they should do something and started a company specialising in AI-powered game engines that mimic the actions of human gamers, based on Yu's doctoral thesis. But that proved to be a mistake, said Yu, because there was no demand for the technology at the time. Two years later, they pivoted the business that would later become Appier, a supplier of AI-based marketing technology that helps businesses improve customer engagement and drive sales at a time when interest in big data was growing.


Predicting Refugee Movements? There's an App for That - A New Approach to Humanitarian Aid

Der Spiegel International

UN Global Pulse is a United Nations initiative doing pioneering work at the nexus between development aid and technology. It is conducting research into the potential of Big Data and artificial intelligence in addition to supporting other UN agencies in the implementation of projects. In response to the pandemic, governments around the world have grown increasingly interested in data-focused models that might be able to forecast the spread of COVID-19 infections and the effectiveness of planned strategies along with their possible side effects. The innovation team at the UN Refugee Agency (UNHCR) has already developed a number of experimental approaches to gather clues about possible future migration events. Data analysts, for example, have used open source weather data and Facebook postings from migrant traffickers for clues about smuggling prices, the most frequently used routes and assembly points.


What is Augmented Analytics?

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Big data has been called a strategic asset, a competitive advantage, and for a short while, was often referred to as "the new oil." Today, the idea that data is valuable isn't exactly news. However, many organizations don't have a reliable way to transform raw data into action. Today's businesses have access to massive amounts of data, yet it's becoming harder to manage all of those data points, identify what's important, and chart a path toward making meaningful improvements. In this article, we'll provide an augmented analytics definition, explore it's business intelligence (BI) origins, and discuss the game-changing potential just on the horizon.