3 Key AI Predictions for The Near Future + How to Use AI to Transform Your Business

In this contributed article, IT and digital marketing specialist Natasha Lane asks – what does the future bring for AI solutions? And can small and mid-size companies implement these products to advance their businesses? This article will explore three key AI predictions for the near future, along with a few suggestions on how to use AI to transform your business.

AI Empowers Microfinance: Revolutionizing Fraud Detection

In this sponsored article, Dmitry Dolgorukov, CRO and Co-Founder of HES FinTech, suggesets that to effectively combat fraud, microfinance institutions must establish robust fraud detection systems. Early detection and prevention of fraudulent activities are vital in minimizing financial impact and safeguarding the funds of vulnerable customers. Microfinance institutions face a significant menace in the form of fraudulent activities, endangering their provision of financial services to underserved communities. Fraud not only leads to substantial financial losses but also erodes trust in the system, impeding the mission of microfinance institutions to foster inclusive growth and alleviate poverty.

Overcoming Data Overload with Data Fabric 

In this contributed article, Pradeep Menon, EVP, Digital Transformation Services Delivery, at Orion Innovation, discusses how reducing repetitive tasks in data discovery, analysis, and implementation is challenging. Organizations today are not only looking to reduce those repetitive tasks but also incorporate augmented data management solutions to drive revenue. The key to success is understanding the importance of incorporating data fabric as part of an overall data strategy that delivers real-time, secure, and connected data across the organization to support modern applications, insights, and analytics.

Modern Observability:  When “Small” Data Beats Big Data

In this contributed article, Ozan Unlu, CEO and Founder of Edge Delta, explores how a cloud-first world demands that observability be approached in a different way, one that favors “small data” over “Big Data.” In some cases, Ozan believes, a central repository is no longer even needed.

Databricks Data Reports Shows How 9,000+ Global Companies are Gearing Up to Be Competitive on AI

Data + AI company Databricks has published the 2023 State of Data + AI report, examining patterns and trends in AI adoption across more than 9,000 global companies that use the platform as a foundation for their data efforts. The report paints a pretty clear picture on how enterprises are preparing to stay competitive in this new age of generative AI, with data to support how companies are embracing LLMs and what the fastest growing data and AI tools out there are. 

Oracle’s New Pricing Model Ignores the Value of Java

Scott Sellers, Azul President, CEO & Co-founder, breaks down why Oracle’s recent pricing changes could be the tipping point in accelerating the shift towards third-party Java runtimes

Heard on the Street – 5/25/2023

Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. Each edition covers the trends of the day with compelling perspectives that can provide important insights to give you a competitive advantage in the marketplace.

ChatGPT: A Fraud Fighter’s Friend or Foe?

In this contributed article, Doriel Abrahams, Head of Risk, U.S., Forter, explores how ChatGPT can combine with social engineering to conduct fraud, some of the generative AI trends he anticipates will play out this year, and how existing fraud rings could use the technology to manipulate both businesses and consumers alike.

Power to the Data Report: Introduction to H2O.ai

H2O.ai is a company that provides artificial intelligence (AI) and machine learning (ML) platforms and solutions. The company was founded in 2014 by a group of engineers and scientists who were passionate about making AI more accessible to everyone. H2O.ai’s mission is to “democratize AI” by making it easier for businesses and individuals to use AI to solve problems.

NVIDIA Collaborates With Microsoft to Accelerate Enterprise-Ready Generative AI

NVIDIA today announced that it is integrating its NVIDIA AI Enterprise software into Microsoft’s Azure Machine Learning to help enterprises accelerate their AI initiatives. The integration will create a secure, enterprise-ready platform that enables Azure customers worldwide to quickly build, deploy and manage customized applications using the more than 100 NVIDIA AI frameworks and tools that come fully supported in NVIDIA AI Enterprise, the software layer of NVIDIA’s AI platform.