Every year, humanity is witness to the devastation wrought by natural disasters like floods, earthquakes, forest fires and hurricanes. In addition to non-anthropogenic events, wars and armed conflicts cause immense economic damage as well as non-monetary losses. In the past decade, global conflicts and disasters accounted for 0.26% of deaths worldwide; this number is cumulative, […]
This article describes how deep learning autonomous driving and navigation can help make autonomous vehicles a long-awaited reality.
Limitations on physical interactions throughout the world have reshaped our lives and habits. And while the pandemic has been disrupting the majority of industries, e-commerce has been thriving. This article covers how reinforcement learning for dynamic pricing helps retailers refine their pricing strategies to increase profitability and boost customer engagement and loyalty. For e-retailers, it […]
As Covid-19 continues to shape the global economy, analytics and business intelligence (BI) projects can help organisations prepare and implement strategies to navigate the crisis. According to the Covid-19 Impact Survey by Dresner Advisory Services, most respondents believe that data-driven decision-making is crucial to survive and thrive during the pandemic and beyond. This article provides […]
Finding creatives ways to put climate change in the limelight is essential to motivating the intensity of participation that delivers action. There are different ways to do so – from drawing attention to climate change at major events including Davos 2020, through to visualise the consequences of a warming globe with the help cutting edge […]
Neural networks now Neural networks have made significant leaps in the image and natural language processing (NLP) recently. They’ve not only learned to recognise, localise and segment images; they’re now able to effectively translate natural language and answer complex questions. One of the precursors to such massive progress was the introduction of Seq2Seq and neural […]
The fundamental elements of Artificial Intelligence, NLP and NLU are capturing industry hype these days. Since AI-powered bots can handle customer inquiries faster than any human representative, NLP shows great promise to the customer services industry. Over the last few years, businesses keep making attempts to jump on the bandwagon of AI innovation. Unfortunately, many of them […]
Today, more and more retail companies understand that to stay ahead of the curve, they need to reshape their businesses, implementing tech-forward approaches and solutions. Data mining and analysis are key to making a shift. According to McKinsey, data-savvy retailers have the potential to increase operating margin by more than 60%. Companies can combine data […]
The success of a project-based business largely depends on the visibility the company has over its projects, the current level of their performance and, of course, the factors influencing their health and success. That is why the ability to have an extensive picture of the way these factors interact with one another is totally essential. […]
Today, businesses need to be able to predict demand and trends to stay in line with any sudden market changes and economy swings. This is exactly where forecasting tools, powered by Data Science, come into play, enabling organizations to successfully deal with strategic and capacity planning. Smart forecasting techniques can be used to reduce any […]