Business Intelligence and Analytics 40

Friday, November 29, 2019

Business Intelligence and Analytics 40

 

1          The Top Seven Technology Trends for 2020
https://datafloq.com/read/top-seven-technology-trends-for-2020/7231
We have reached the end of 2019 and just like in previous years, I am looking ahead to see what organisations can expect next year. 2019 was the year of truth, with many enterprises developing blockchain proof of concepts, Google confirming a quantum supremacy breakthrough and more data breaches with the latest breach containing 1.2 billion records. Now for the 8th year in a row, I offer you my technology predictions for the next year, which I hope will help you prepare for 2020.

 

2          How artificial intelligence and data add value to businesses
https://www.mckinsey.com/featured-insights/artificial-intelligence/how-artificial-intelligence-and-data-add-value-to-businesses

Artificial intelligence (AI) is at the cutting edge of innovation. But how do companies find the expertise necessary to utilize it, and then take it to market? In this video, recorded at the Aspen Ideas Festival in June, Andrew Ng, cofounder of Coursera, AI Fund, and Landing.AI, discusses the difference between an AI-enabled business versus a true AI company, and how businesses can organize, hire, and make use of AI to add value.

 

3          AI at the core of next-generation BI
https://searchbusinessanalytics.techtarget.com/feature/AI-at-the-core-of-next-generation-BI
AI is part of BI platforms, but this is only the start of a new analytics generation. In a Q&A, Constellation Research analyst Doug Henschen discusses AI tools in BI platforms.

 

4          Oil and Gas Cybersecurity Price Tag Could Top $20B
https://www.rigzone.com/news/oil_and_gas_cybersecurity_price_tag_could_top_20b-27-nov-2019-160417-article/

Oil and gas companies will spend more than $20 billion on cybersecurity by 2023, according to a survey conducted by the consulting firm BDO. Oil and gas companies will spend more than $20 billion on cybersecurity by 2023, according to a survey conducted by the consulting firm BDO.

 

5          Machine Programming: What Lies Ahead?
https://knowledge.wharton.upenn.edu/article/ai-machine-learning/

Imagine software that creates its own software. That is what machine programming is all about. Like other fields of artificial intelligence, machine programming has been around since the 1950s, but it is now at an inflection point. Machine programming potentially can redefine many industries, including software development, autonomous vehicles or financial services, according to Justin Gottschlich, head of machine programming research at Intel Labs.

 

6          AI will disrupt white-collar workers the most, predicts a new report
https://www.technologyreview.com/f/614739/ai-will-disrupt-white-collar-workers-the-most-predicts-a-new-report/

A surprise finding: Conventional wisdom says robotics, artificial intelligence, and automation will radically alter work for blue-collar truckers and factory workers. In fact, white-collar jobs will be affected more, according to a new analysis by the Brookings Institution.

 

7          How B2B Software Providers Can Use Chatbots for Lead Generation
https://chatbotnewsdaily.com/how-b2b-software-providers-can-use-chatbots-for-lead-generation-d50b30c0428e

Software development for businesses is a lucrative — and highly competitive — venture. No matter how good your coding skills, unless you can showcase them to prospective customers and convince them of your quality, it is of little importance. This is where lead generation comes in.

 

8          Sniffing Out Errors

https://insidebigdata.com/2019/11/26/sniffing-out-errors/
As seasoned analysts will know; it can be difficult to identify when to draw a line under your Predictive Modelling, accept its performance as sufficient for your purposes and move on to deployment. This article will consider an established method for determining when enough is enough; Error Analysis.

 

9          Time Series Prediction Using LSTM Deep Neural Networks
https://www.altumintelligence.com/articles/a/Time-Series-Prediction-Using-LSTM-Deep-Neural-Networks
This article focuses on using a Deep LSTM Neural Network architecture to provide multidimensional time series forecasting using Keras and Tensorflow – specifically on stock market datasets to provide momentum indicators of stock price.

 

10        Want Better Forecasting? Silence the Noise
https://knowledge.wharton.upenn.edu/article/want-better-forecasting-silence-the-noise/
From predicting the weather to possible election outcomes, forecasts have a wide range of applications. Research shows that many forces can interfere with the process of predicting outcomes accurately — among them are bias, information and noise.

 

11        Cracking the code of repair analytics
https://www.mckinsey.com/business-functions/operations/our-insights/cracking-the-code-of-repair-analytics

Increased availability of low-cost connected devices has made it possible to collect vast amounts of data from the field. At the same time, advances in machine learning allow companies to apply analytics to discover, interpret, and communicate insights. The combination is already opening new opportunities for those companies that are building significant new capabilities in a part of the business that long seemed resistant to change.

 

12        How to Decrease Churn Rate Through Excellent Customer Service
https://www.business2community.com/customer-experience/how-to-decrease-churn-rate-through-excellent-customer-service-02261126

Customer churn, also known as customer attrition, is usually not the most feel-good metric, but it’s an important one for companies to pay attention to. The term refers to the percentage of customers who stop using your product or service during a certain period of time. It gives you a clear picture of customer retention, which is a vital factor for business success.

 

13        3 Video Marketing Tactics to Improve Customer Engagement
https://www.targetmarketingmag.com/article/3-video-marketing-tactics-to-improve-customer-engagement/

Video marketing isn’t a new channel to explore for most marketers, but still there are some who have yet to work on a video content strategy to further engage their audiences. That said, marketers can’t ignore that websites with videos are 53 times more likely to appear on top of Google’s search results. It’s undeniable that videos are engaging.

 

14        Key Polymer Additive Manufacturing Highlights from Formnext 2019: Plastics Technology
https://www.ptonline.com/blog/post/key-polymer-additive-manufacturing-highlights-from-formnext-2019
Another big-time exhibition and conference recently wrapped up in Germany. Formnext 2019 (Nov. 19-22; Frankfurt, Germany) is completely dedicated to the additive manufacturing industry, and there was a ton of news and technology announced at the show. Here are some of the highlights:

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