Machine Learning

The day is not far off when every company will integrate features of Artificial Intelligence and Deep Learning to its processes, there is no doubt about it.

The question is: where is your business today? Are you ready?

Technology now provides us with virtual assistance, it allows us to generate ideas and analyze unstructured data – allowing entrepreneurs to focus on growing their business. Bu that’s already yesterday!

Impact of Artificial Intelligence in Business

And now with AI’s ability to analyze a problem faster than a human mind could, you will be sure that you will have considered all possible scenarios for a given situation.

(more…)

Artificial Intelligence is only beginning to penetrate the workplace, and it’s causing leaders to rethink how their businesses run or so they should. But the thing is, far from killing the jobs of knowledge workers, Artificial Intelligence tends to free them up to do what they are paid for: innovate, model, refine, and improve on the expertise of their business.

“AI is not eliminating jobs, it is creating a shift in the type of jobs by eliminating tasks of jobs, and creating new jobs that are more human jobs,” says Josh Bersin, principal and founder of Bersin by Deloitte. Bersin defines “more human jobs” as those that require traits robots haven’t yet mastered, like empathy, communication, and interdisciplinary problem solving.

The integration of early artificial intelligence tools is causing organizations to become more collaborative and team-oriented, as opposed to traditional top-down hierarchy.

(more…)

Major disruptions in Banking and Financing on the horizon; thanks to new technologies from Big Data Analytics to Mobile Apps that are reshaping this sector at a fast pace, resulting in new ways for companies and customers & consumers to interact, to manage their money and to conduct transactions.

Global investment in Fintech ventures hit $5.7 billion in the first quarter of 2016, and about half the funding went to projects in Asia, primarily in China. “The reason funding is taking off now is that the four platforms – Mobility, Big Data (IoT) and Analytics, Blockchain Technology (Bitcoin) and Machine Learning (AI) – are in their infancy,” said Catherine Wood, CEO of ARK Investment Management (US) at the Annual Meeting of the New Champions in 2016.

The fact is that Banking and Financial Services is one of the largest industries that is still not fully digitalized. In this field of activities, the technological revolution has just begun.

So let’s see what we’re up to and what major disruptions we may foresee.

Overview of upcoming disruptions in Banking and Financing

(more…)