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Top 10 Applications of Machine Learning in Healthcare - FWS

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Healthcare is an important industry which offers value-based care to millions of people, while at the same time becoming top revenue earners for many countries. Today, the Healthcare industry in the US alone earns a revenue of $1.668 trillion. The US also spends more on healthcare per capita as compared to most other developed or developing nations. Quality, Value, and Outcome are three buzzwords that always accompany healthcare and promise a lot, and today, healthcare specialists and stakeholders around the globe are looking for innovative ways to deliver on this promise. Technology-enabled smart healthcare is no longer a flight of fancy, as Internet-connected medical devices are holding the health system as we know it together from falling apart under the population burden.


Predictive engineering analytics, big data and the future of design

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By combining physics-based simulations, data mining, statistical modelling and machine learning techniques, predictive engineering analytics can analyse patterns in the data to construct models of how the systems you gathered the data from work. IoT and sensors are already transforming products and mining the stream of information from products will be critical for maintaining products and designing their replacements. For many industries, the products they create are no longer purely mechanical; they're complex devices combining mechanical and electrical controls. That means engineering different systems, and the ways they interface with each other, and with the outside world. At one level you're coping with electromechanical controls, at another, you're creating a design that covers the cooling requirements for the electronics.


An Intuitive Guide to LSTMs

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LSTMs are one of the most important breakthroughs in machine learning; Giving machine learning algorithms the ability to recall past information, allows for the realization of temporal patterns. How better to understand a concept, than to create it from scratch? LSTM stands for Long short-term memory, denoting its ability to use past information to make predictions. The mechanism behind the LSTM is quite simple. Instead of a single feedforward process for the data to be propagated through, LSTMs have different sources of processed information, from different timesteps as inputs for the networks, therefore being able to access time-related patterns within the data.


Q&A with a Data Scientist

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I'm Vegard, and I currently work as the Lead Data Scientist in a software company called Axbit. In addition to that I also have a part-time position as an Associate Professor in machine learning at Molde university college. Today I am happy to answer a couple of questions related to data science, what data science is all about and how working within this field is like. Transcript: How did I become a data scientist? First of all, I think my background is probably a bit different compared to a lot of other data scientists.


Machine Learning Aids Marketing With Conversation Intelligence Software

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We have talked extensively about the benefits of machine learning in the field of marketing. We pointed out that machine learning is actually driving the digital marketing revolution. However, the benefits of machine learning can be applied to the broader field of marketing as well. One of the most disruptive and beneficial applications of machine learning is with conversational intelligence. As a business owner, you probably spend a considerable amount of time interacting with your customer getting to know their pain points and prescribing solutions.


The use of graph neural networks to discover particles

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Machine learning algorithms can beat the world's hardest video games in minutes and solve complex equations faster than the collective efforts of generations of physicists. But the conventional algorithms still struggle to pick out stop signs on a busy street. Object identification continues to hamper the field of machine learning--especially when the pictures are multidimensional and complicated, like the ones particle detectors take of collisions in high-energy physics experiments. However, a new class of neural networks is helping these models boost their pattern recognition abilities, and the technology may soon be implemented in particle physics experiments to optimize data analysis. This summer, Fermilab physicists made an advance in their effort to embed graph neural networks into the experimental systems.


Artificial Intelligence for Edge Devices Market to witness high growth in near future

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The Artificial Intelligence for Edge Devices market study now available with Market Study Report, LLC, is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study further includes a detailed analysis pertaining to key challenges, growth opportunities and application segments of the Artificial Intelligence for Edge Devices market. The Artificial Intelligence for Edge Devices market report delivers an exhaustive analysis of this industry vertical and comprises of insights pertaining to the market tendencies including profits estimations, periodic deliverables, current revenue, industry share and remuneration estimations over the forecast period. A summary of the performance evaluation of the Artificial Intelligence for Edge Devices market is offered in the report. It also includes crucial information concerning to the key industry trends and projected growth rate of the said market.


9 Benefits of Using AI in Medical Billing and Coding - MailMyStatements

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Medical billing and coding have been undergoing many changes in recent years as the healthcare industry increases in complexity while the variety of treatments and procedures grow by the minute. The healthcare industry is in urgent need of a scalable solution that can process the vast amount of patient data without compromising speed and accuracy of the billing procedure. The use of artificial intelligence in the medical billing and coding industry can help healthcare organizations facilitate their billing procedures while minimizing costly errors. AI-driven technologies, such as machine learning and natural language processing (NLP), have the ability to interpret and organize a large amount of data quickly and accurately. For instance, an AI program can arrange data from different records into a logical timeline to make sense of disparate events, diagnoses, and procedures, minimizing coding and reporting errors.


AI is already building a more resilient post-pandemic world - Watson Blog

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For some organizations, AI tools may have been perceived as "nice-to-have" technologies prior to 2020. In a 2019 IBM/Morning Consult survey of businesses, 22% of respondents worldwide reported they are not currently using or exploring the use of AI. But in a future characterized by uncertainty, only organizations that embrace the most advanced AI tools will be able to weather future storms. The COVID-19 pandemic remains an immediate threat, but all kinds of organizations are looking ahead to build resilient systems that can better withstand future pandemics, as well as natural disasters, cyberthreats, and other destabilizing scenarios. The current crisis is an opportunity to examine the performance of the technological systems that we use to manage the various aspects of human existence.


Commentary: How AI and machine learning improve supply chain visibility, shipping insurance - FreightWaves

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The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore how artificial intelligence is being used to help beneficial cargo owners gain greater visibility into their supply chains in order to make it possible for their insurers to more accurately underwrite insurance policies. This article is most directly related to Commentary: Key supply chain innovation issues to consider in a world with VUCA and Commentary: Exogenous variables dominate a world with VUCA. According to IBM, "Supply chain visibility is the ability of stakeholders throughout the supply chain to access real-time data related to the order process, inventory, delivery and potential supply chain disruptions." Sometimes this definition is extended to include access to knowledge about the state of goods in transit.