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The World is Moving Beyond Big Data, According to Ocient Survey of 500 Data and Technology Leaders

Ocient, a leading hyperscale data analytics solutions company serving organizations that derive value from analyzing trillions of data records in interactive time, released a report, “Beyond Big Data: The Rise of Hyperscale.” The report is based on a survey of 500 data and technology leaders, across a variety of industries, who are managing active data workloads of 150 terabytes or more. The purpose of the survey and report is to uncover key trends around how organizations are managing the shift from big-data volumes toward ingesting, storing and analyzing hyperscale data sets, which include trillions of data records, and the expected technical requirements and business results from that shift. 

How AI Can Prevent Rising Candidate Fraud

Candidates are lying and cheating to get hired more than ever. INSIDER recently cited a study, “The Future of Candidate Evaluation,” by our friends over at Glider AI that found candidate fraud has nearly doubled since before the pandemic. As INSIDER reported, more companies believe AI is the solution.

Bright Data 2022 Impact Report Highlights Progress Across ESG Initiatives and Growth of The Bright Initiative

Bright Data, a leading web data platform, released its latest impact report in which it highlights the growth of its social responsibility, environmental, educational and compliance initiatives so far in 2022. The report also demonstrates the progress made by The Bright Initiative as it continues to expand its work with organizations, academic institutions, NPOs, NGOs and other public bodies around the world to provide web data for good causes.

The State of Automation in 2022

Blueprint Software Systems – a leading provider of cloud-based software solutions designed to help large organizations understand and improve their business processes – published its “State of Automation in 2022” report, examining the size of companies’ robotic process automation (RPA) estates, their RPA operating costs, internal RPA ownership, and plans for future automation investment.

Research Highlights: Why Do Tree-based Models Still Outperform Deep Learning on Tabular Data?

In this regular column we take a look at highlights for breaking research topics of the day in the areas of big data, data science, machine learning, AI and deep learning. For data scientists, it’s important to keep connected with the research arm of the field in order to understand where the technology is headed. Enjoy!

Video Highlights: JuliaHub – The Best Way to Run Large Scale Computing in the Cloud

JuliaHub helps you read, write, run and share Julia code and applications. JuliaHub is the quickest, easiest on-ramp to leverage Julia – the fastest, easiest, and most powerful scientific, mathematical, and statistical computation language yet.

Study: Majority of CFOs Are Feeling Mounting Pressure to Automate the Finance Function

To better understand the impact of automation within finance departments, Vic.ai, the artificial intelligence (AI) platform for autonomous accounting and real-time insights, in partnership with StrategicCFO360 released a new study examining the challenges and opportunities Chief Financial Officers (CFOs) face in the current environment to automate the finance function with the resources and systems they have.

Cortical.io Semantic Folding Approach Demonstrates a 2,800x Acceleration and 4,300x Increase in Energy Efficiency over BERT

Cortical.io announced its breakthrough prototype for classifying high volumes of unstructured text. Classifying documents or messages constitutes one of the most fundamental Natural Language Understanding (NLU) functions for business artificial intelligence (AI). The benchmark was carried out on two similar system setups using the same, off-the-shelve, dual AMD-Epyc server hardware. The “BERT” system, a transformer-based machine learning technique for natural language processing, was augmented by a NVidia GPU. The “Semantic Folding” approach utilized a cost comparable number of Xilinx Alveo FPGA accelerator cards.

Third Annual Global RPA Industry Report Indicates that Intelligent Automation Will Lead Companies Out of Global Crises

As world tensions increase and the stock market faces volatility, business leaders indicate that intelligent automation has become a pivotal strategy to navigate current market challenges and sustain business performance. Of the 1,000 global organizations surveyed, more than 90 percent say automation addresses the impact of supply chain and economic uncertainty, according to the third edition of the Automation Now & Next report from Automation Anywhere.

New Accenture Research on Responsible AI Reveals How Organizations Can Prepare for Impending Regulation

New research from Accenture shows that almost all (97%) respondents companies believe that regulation will impact them to some extent. And 95% believe that at least part of their business will be affected by EU regulations specifically. But only 6% are fully prepared to accommodate near-term and ongoing regulatory changes.