What is Green AI? And Why You Should Prioritize It.

As artificial intelligence is implemented in multiple industries, the demand for more sophisticated AI models is increasing and these demands are likely to be increased 10 times fold in the future. A large amount of energy and computational cost is required to feed the training models. This will result in the outbreak of carbon emissions and greenhouse gas. In the read forward, you will be able to understand why you should consider a sustainable model like Green AI. 

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How Machine Learning Powered Demand Forecasting Can Help Your Business?

Most organizations today use traditional statistical methods (TSM) to predict the future of their business. Anyone who works with TSM would agree that the process is tedious and not very much accurate. The most common factor that accounts for the inefficiency of TSM is human errors. People find it boring to parse through tons of […]

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The Art Of Reaping Actionable Insights From Your Data Silos

Data is often considered the oil of the 21st century. To move forward in a world increasingly being influenced by digital transformation, businesses need to generate as many actionable insights as possible from the business data. This can help the management to make data-driven decisions across their entire operational landscape. Even before the COVID 19 […]

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Responsible AI: Why is it important?

Consumer-facing digital channels are set to embrace the power of AI and machine learning to offer better experiences. Alongside this, businesses are adopting new AI capabilities within their operations to help catch up with the pace at which data needs to be analyzed and processed to meet customer expectations. Although entrusting AI systems to handle […]

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Explainable AI: Why It Matters?

According to Gartner, enterprises leveraging AI systems will add an additional business value of over USD 2.9 Trillion by 2021. Today, AI is no longer an experimental prototype that companies show off to the world during tech events, but a mainstream component of customer experience. From smart assistants on mobile phones like Siri, Google Now, […]

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How to mitigate AI bias in healthcare applications

Innovations in AI technology are finding promising applications in the healthcare industry. For example, today certain AI models can detect cancer with far more accuracy than humans. Moreover, the use cases of Artificial Intelligence in the health sector earned revenues of $633.8 million in 2014 and estimates $6,662.2 million in 2021 at a compound annual […]

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Scope of AI in insurance companies: How insurers can embrace Artificial Intelligence

As AI is making its mark, revolutionizing all industries, it is time for the insurance companies to jump on the bandwagon. AI can offer several uses for the insurance industry, from simplifying claims management to enhancing customer experience. In this article, we discuss the A to Z of implementing AI in insurance companies. Artificial Intelligence, or in short […]

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Smart Stadiums: The future of live sports experience

Live sporting experience from a smart stadium is always mesmerizing. The cheer of the people to the flashing blue and white jerseys of your favorite sports team is a thrilling experience of a lifetime. But the spread of coronavirus pandemic across the world has left a devastating impact in its wake. Unsurprisingly, the sports industry […]

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Ethical AI and Business Challenges: How to tackle biases in Artificial Intelligence

Artificial intelligence or AI technology — what remained as a fantasy that existed just in books & movies is a reality today. Applications of AI have exponentially grown and have penetrated almost every industry. It’s just a matter of time for AI-enabled machines to replace humans in all the mundane jobs. Soon, AI bots would […]

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