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Top Data Science News of the Week

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Synechron, a leading digital transformation consulting firm launched an annual report, Top Strategic Technology Trends. The report noted data science as one of its eight major trends for 2021, and the company's experts put our three critical trends. The first trend talks about the business applications of self-supervised models, where AI teaches itself to solve problems without human classification of data. The second trend refers to the increased adoption of the Natural Language Generation that uses AI to create several hand-produced documents that are needed every day. The third and final trend is concerned with technologies like ML, Optical Character Recognition, and NLP that will increase efficiency, reduce costs, and detect financial crimes during KYC.