AI Applications

Business process management systems (BPMS) create logs of process instances, and these logs provide raw material for fruitful analysis. Celonis has applied machine learning and AI technologies to predict process performance in the future, amongst other things. This trend of applying AI and machine learning to business data analysis will…

Ever had your credit card declined because of a false positive fraud alert, just when you are trying to impress someone? It’s fairly common, and in the US it is reckoned that lost business due to these false positive costs businesses more than 13 times the amount lost to fraud.…

Black Friday is nirvana for shopping enthusiasts, or the nearest thing to hell for those who avoid shopping like the plague. The machine learning technology of Quantum Metric may well be monitoring your progress on shopping websites to make sure you have a painless checkout (if there is such a…

It was only a matter of time before someone applied artificial intelligence (AI) to marketing. To make the technology seem more friendly Adgorithms has called its service Albert – following in the footsteps of IBM with Watson. Albert operates across all channels – email, mobile, social, search and display. It…

Some surprisingly honest revelations are available in a booklet promoting a conference on Machine Learning in the Insurance Industry. It can be downloaded here. The obvious applications revolve around claims processing, fraud detection, policy pricing and customer acquisition. The firms that are prototyping with machine learning all see benefits, but…

It is likely that no single technology will affect your business (and probably your life) more than deep learning. It’s an idea that is achieving some public notoriety, since it enables many revolutionary capabilities – and not least self-driving cars. Deep learning is a set of techniques that derive from…

It seems no one will be safe from the invasion of AI and robots into business life – apart from very open ended jobs such as plumbing and car repair – maybe. In any case, expect it to become the norm that AI software robots are appointed to management teams,…

The announcement of Salesforce Einstein at Dreamforce has focused marketers’ attention on artificial intelligence (AI) and its ability to interpret complex data and act on it. For business-to-business (B2B) marketers, the success or failure of AI rests on its ability to provide measurable increases in business metrics, like lead volume,…

Quertle LLC, developer of the first artificial intelligence (AI) biomedical big data platform (BioAI™), has released Qinsight™. The product uses BioAI’s neural networks and other AI methods, along with predictive visual analytics, to enable high-efficiency discovery and insight from biomedical literature. The visual analytics in Qinsight™ provide summarization, discover emerging…