In this contributed article, Ryan Dimick, Chief Technology Officer at SMA Technologies, discusses how financial institutions like banks and credit unions are some of the most data-rich organizations in the world. With access to members’ spending habits – from direct deposits and cash inflows to expenditures like mortgages and payments for bills – there’s a treasure trove of data. So, why are some banks and credit unions often disconnected and unable to understand their customers or members?
Search Results for: Intel
Financial Institutions are Strengthening Business Intelligence Reporting and Data Warehousing through Workload Automation and Orchestration
July 27, 2023 by 1 Comment
The Rise of Intelligent Apps in Finance
July 14, 2023 by Leave a Comment
In this contributed article, Rohit Gupta, CEO and Founder, Auditoria.AI, discusses how the future of finance hinges delicately on the ability to adapt. Unfortunately, the finance department is often the last stop on the progress tour – and sometimes overlooked altogether. Optical Character Recognition (OCR) and Robotic Process Automation (RPA) are two of the most common automation tools in corporate finance today. While both tools serve a specific purpose – RPA is programmed to execute high-volume, repeatable tasks, and OCR helps extract structured data in an automated fashion – as standalone solutions, they no longer pull their weight.
Artificial Intelligence: Real Estate Revolution or Evolution?
July 2, 2023 by 1 Comment
Artificial Intelligence (AI) is increasingly becoming the most important topic of the year. From data centers to financial services to technology, every real estate sector is involved in AI in one way or another, as it can help improve real estate outcomes for both investors and tenants. Commercial real estate leader JLL’s recently published whitepaper “Artificial Intelligence: Real Estate Revolution or Evolution?” discusses the role that the CRE industry will play in AI – and how AI can potentially reshape the industry.
Video Highlights: AI, A Mirror to Human Intelligence
June 24, 2023 by Leave a Comment
Curious about generative AI? Interested in a behind-the-scenes look? Join Dr. Kjell Carlsson as he sits down with Steven Levy, best-selling author and Editor at Large at WIRED. In the video presentation below, Steven shares insights he’s built over the past four decades writing about AI and the people (like Marvin Minsky) and companies (like Google and Facebook) that have brought us to where we are today.
Generative AI Report: Stravito Introduces Generative AI Advances that Transform Search into Conversation – and Information into Intelligent Answers
June 22, 2023 by Leave a Comment
Welcome to the Generative AI Report, a new feature here on insideBIGDATA with a special focus on all the new applications and integrations tied to generative AI technologies. We’ve been receiving so many cool news items relating to applications centered on large language models, we thought it would be a timely service for readers to start a new channel along these lines. The combination of a large language model plus a knowledge base equals an AI application, and this is what these innovative companies are creating. The field of AI is accelerating at such fast rate, we want to help our loyal global audience keep pace. Enjoy!
#insideBIGDATApodcast: Should We, and Can We, Put the Brakes on Artificial Intelligence?
June 11, 2023 by Leave a Comment
Appearing on the New Yorker Radio Hour, Sam Altman, CEO of OpenAI, which created ChatGPT, says that AI is a powerful tool that will streamline human work and quicken the pace of scientific advancement. But ChatGPT has both enthralled and terrified us, and even some of AI’s pioneers are freaked out by it – by how quickly the technology has advanced.
North America Holds the Largest Market Share in Artificial Intelligence at 43%
May 27, 2023 by Leave a Comment
Artificial intelligence (AI) has undergone great development in recent years, causing a spike in both interest and adoption around the globe. Data acquired by BanklessTimes.com has revealed that the current value of the global AI market is estimated at $119.78 billion but is expected to grow at a 38.1% CAGR, to reach $1,591.03 billion by the end of 2030.
2023 IEEE Conference on Artificial Intelligence (IEEE CAI)
April 20, 2023 by
The IEEE Conference on Artificial Intelligence (IEEE CAI) is a new conference and exhibition covering AI applications and key AI verticals that impact industrial technology and innovations. You’ll learn about new research and breakthroughs in the industry, gain insight into new start-ups and leading AI companies, grow your network, and get inspired by the brightest […]
O’Reilly 2023 Tech Trends Report Reveals Growing Interest in Artificial Intelligence Topics, Driven by Generative AI Advancement
March 24, 2023 by Leave a Comment
O’Reilly, a premier source for insight-driven learning on technology and business, announced the findings of its annual Technology Trends for 2023 report, which examines the most sought-after technology topics consumed by the 2.8 million users on O’Reilly’s online learning platform.
Harness Unstructured Data with AI to Improve Investigative Intelligence
March 9, 2023 by 1 Comment
In this special guest feature, Jordan Dimitrov, Product Manager, Unstructured Data Analytics, Cognyte, addresses the importance of unstructured data, why AI is an invaluable tool and how to move beyond legacy approaches to data management. Unstructured data comprises the majority of data being used for investigations by governmental organizations today and will play an increasingly vital role in investigative analytics going forward. To ensure a holistic, data-driven intelligence assessment, unstructured data fusion and analysis are essential.
