Posts by Melody Smith
Storing All That Data
Data warehousing is the process of collating data from multiple sources in an organization and storing it in one place for analysis, reporting, and business decision making. The measure of an effective data warehouse is the degree to which key business stakeholders trust the data that is stored within. TechRepublic brought this interesting information to…
Read MoreLooking Inside
MIT researchers are striving to improve the interpretability of standardized features of machine learning algorithms, so decision makers will be more comfortable using the outputs of machine learning models. They have developed a taxonomy to help developers craft features that will be easy for their target audience to understand. This interesting information came to us…
Read MoreUsing Technology in FinTech to Fight Fraud
Internet fraud continues to be a menace in society, especially in healthcare and financial institutions. Many fintech companies have been victims of fraud. Detection of these attacks comes via two paths: through inconsistent traditional methods or using ever-growing artificial intelligence (AI) mechanisms. Entrepreneur brought this interesting information to us in their article, “How AI and Machine Learning…
Read MoreAnalytics in Business Intelligence
Business intelligence describes the strategies, technologies, and tools that companies use to obtain business information. It also describes the information itself. Then there is data analytics — the technical process through which we obtain actionable insights from raw data. Not the same, but not isolated from one another. This interesting information came to us from…
Read MoreToo Much of a Good Thing
Many organizations have begun to realize that having an excess of data is not necessarily as valuable as they thought. In some ways, it can become more of a liability than an asset. But there are ways to leverage a plethora of data that are truly powerful. InfoWorld brought this interesting information to our attention…
Read MoreUnderstanding ChatGPT
Chat bots like GPT are fed both by great amounts of data and natural language algorithms, and they make predictions for putting words together such that they convey meaning to humans. They not only tap into a vast vocabulary and phraseology: they understand context. This helps them mimic speech patterns and engage on a wide…
Read MoreAI and Analytics
Festo recently announced a new artificial intelligence (AI) platform for predictive maintenance, predictive quality, and energy optimization. Using advanced analytics, Festo AX maps data to learn a component, machine, product, or energy system’s healthy state. Festo AX provides actionable information to correct anomalies when data begins trending away from nominal. This interesting topic came to…
Read MoreNavigating the Digital Age
We are in the digital age, and it has taught businesses to see people as individuals rather than members of demographic groups. This has resulted in precise digital footprints that enable companies to know how effective their advertising campaigns are at the individual level and to derive immense value from this knowledge. This interesting news…
Read MoreUsing Technology in Conservation
Smart Parks is a Netherlands-based organization deploying high tech and an R&D-focused approach to finding technological solutions to conservation problems. The organization is becoming well-known for using LoRa (long range) wireless technology to create networks of connected sensors and devices within conservation areas. The Harvard Business Review brought this interesting subject to our attention in…
Read MoreKnowledge Management and Employees
Organizations that use knowledge management systems to improve employee productivity may face user adoption and integration challenges. Tech Target brought this interesting topic to our attention in their article, “What are the key issues in knowledge management?“ Knowledge management in the workplace involves collecting and curating collective employee knowledge and applying that knowledge to achieve specific…
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