Risk in Technology

Fraud knows no boundaries. Data is in every industry and those nefarious characters behind fraudulent behavior are always looking for opportunities. Digital Insurance brought this subject to our attention in their article, “The evolving world of fraud detection in underwriting.” New and emerging risks are mandating new underwriting and portfolio risk management techniques that demand…

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Digging Around in DNA

With the pandemic this year, many holiday gifts were less object-driven and more (safe) experiential. A trend over the last few years that continues to grow is giving people insights into their history, chemistry and ancestry. Nothing tells a story like your DNA, and with widespread DNA testing shedding light on the ancestry of millions…

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Data Science as a Priority

Data science continues to evolve as one of the most promising and in-demand career paths for skilled professionals. Today, successful data professionals understand that they must advance past the traditional skills of analyzing large amounts of data, data mining and programming skills. This topic came to us from Tech Target in their article, “How to…

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AI Takeover Concerns

The Artificial Intelligence Incident Database (AIID) is a crowdsourced platform that seeks to apply some best practices in the world of artificial intelligence (AI). The platform is being used to document and compile AI failures to prevent their reoccurrence. This interesting topic came to us from Vice in their article, “This Database Is Finally Holding AI…

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Machine Learning and Marketing

Marketing function is evolving rapidly with advancements in eCommerce, digital and mobile, as well as changing consumer demographics. A recent study indicated that e-commerce will account for 17.0% of retail sales by 2022. This is up from a projected 12.9% in 2017. Tech Talks brought this interesting subject to our attention in their article, “Customer segmentation:…

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Moving Data

The cost of prescription drugs is always a hot topic, from consumers and pharmaceutical companies. How much does it cost to get medicine to market? It is constantly debated and changing, but one estimate puts the average cost of developing a single FDA-approved drug at $2.7 billion. This interesting subject came to us from Built In in…

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Using Predictive Data

The federal government uses automation and better data management to be proactive. They do this with predictive data analytics to provide resources to support state and local entities. This interesting topic came to us from FedTech in their article, “The Widespread Benefits of Federal Predictive Data Analytics.” Predictive analytics is the use of data, statistical…

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Deep Learning Transformation

Deep learning is transforming multiple industries. A type of machine learning and artificial intelligence (AI) that imitates the way humans gain certain types of knowledge, deep learning is an important element of data science, which includes statistics and predictive modeling. ZD Net brought this information to our attention in their article, “Rebooting AI: Deep learning, meet knowledge graphs.” It…

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