Capturing business value from IoT data
From smart watches to smart cars and smart cities, we can put sensors on virtually everything around us. What will we do with all that IoT data? In this video, Kirk Borne and Michele Null discuss how artificial intelligence, machine learning and data science can help you capture more value from IoT data – to drive efficiency, differentiate services and open the door for entirely new business models.
Recommended reading
-
Article AI transforms insurance: See 8 examples of how it worksUsing AI for insurance can boost value for customers, insurance companies and stakeholders alike. Examples range from stronger fraud detection and improved customer service to optimized underwriting processes and competitive advantage. Learn more about how AI is transforming the industry.
-
Article Unlocking a strategic approach to data and AIAI is only as good as the data that powers it – this is a fundamental truth about data and AI that defines the limits of what’s possible with artificial intelligence. It may seem surprising, but it's rarely a bad algorithm or a bad learning model that causes AI failures. It's not the math or the science. More often, it's the quality of the data being used to answer the question.
-
Article Are you good at scoring?Credit scoring is the foundation for evaluating clients who apply for a loan (or other types of exposure for the bank). It is not unusual for it to take up to 12 months to build and deploy a new credit scoring model. Reforming the process will help minimize losses, increase earnings and reduce operational risk.
-
Article The best gift you can give to thieves this holiday season? Your identity.While the use of EMV in cards has helped to mitigate fraud perpetrated at retail stores, undeterred fraudsters have focused their efforts online. Find out how advanced analytics and machine learning help combat this threat.
Ready to subscribe to Insights now?