Tag: Big Data Analytics

In recent years, computer vision (CV) has appeared as a transformative technology that reshapes the landscape of numerous industries by allowing machines to analyze and understand visual information around them.

According to tech leaders, computer vision is often referred to as the eyes of artificial intelligence (AI), which makes it a transformative technology that not only revolutionizes the industries that adapted it but also becomes a cornerstone for the advancement of AI. With more technological advancements, the convergence of CV with IoT, big data analytics (BDA), and automation has given rise to smart work that remains competitive and improves productivity and efficiency.

In this blog, we will learn about the critical role that computer vision plays in pushing the boundaries and creating new avenues for different industries in this digital world.

The Core of Computer Vision

Computer vision is a field of study that enables computers to replicate human visual systems and is often considered a subset of artificial intelligence that collects information from digital images and videos and further processes it to define different attributes. CV relies on way recognition approaches to self-train and comprehend visual data. Earlier ML algorithms were used for computer vision applications; now deep learning (DL) methods have developed as a better solution for this domain. Therefore, with more training with data and algorithms, CV now works much the same as human vision.

These capabilities make computer vision more useful in different industries that range from healthcare and logistics to manufacturing and financial services.

Computer Vision Use Cases

Computer vision technology has tremendous potential to revolutionize numerous industries by providing an automated technique to identify minute defects in products. With the help of ML algorithms, computer vision systems can detect slight variations in outcome quality that may not be observable by the human eye.

The healthcare industry has already advanced with new-age robotic surgeries, but computer vision has quite a multifold effect that can help in performing even delicate and complex procedures. According to a recent report by Statista, more than 20.21% of healthcare institutions and hospitals are implementing CV in their daily processes. This technology can be improved by real-time, high-resolution photographs of the surgical site, allowing the surgeon to have a better idea and acquaintance with the procedure.

Computer vision is an area that tech researchers are still researching and looking for further development in. As we navigate into the future of intelligent technologies, computer vision can redefine boundaries that machines can archive and further open new doors to new possibilities that will reshape the way we interact with the world around us.

To Know More, Read Full Article @ https://ai-techpark.com/computer-vision-in-different-industries/

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Health Catalyst, Inc. (“Health Catalyst,”  Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has successfully completed its acquisition of Lumeon Limited (“Lumeon”), a digital health company with operations in the U.S. and United Kingdom dedicated to helping provider organizations mend broken care coordination processes through automated care orchestration.

Leading providers in the U.S. and the United Kingdom use Lumeon’s Care Orchestration technology to lower costs, optimize clinician and staff time, enhance revenue, and improve quality and patient safety. Together with Health Catalyst, this acquisition aims to leverage Lumeon’s robust and market-leading platform and make it more intelligent through the application of advanced analytics, AI, and Health Catalyst Ignite™ data processing capabilities. Health Catalyst expects this combination will further strengthen and differentiate its core focus on clinical improvement and ambulatory operations, in addition to supporting its current and future Tech-Enabled Managed Services (TEMS) partnerships.

Health Catalyst also anticipates that Lumeon’s presence in the United Kingdom will strengthen its ability to expand and more effectively pursue new opportunities in the region and potentially in other international markets.

Read Full News @ https://ai-techpark.com/health-catalyst-finalizes-acquisition-of-lumeon/

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In the 21st century, people are searching for an abode that will provide better public infrastructure and easily accessible resources that will make their lives easier.

Traditional cities often grapple with major issues of inadequate infrastructure, huge population growth, inefficient resource and waste management, and traffic congestion, aiming at a lack of urban development.

However, the introduction of smart cities represents a pivotal shift towards embracing new-age technologies to solve some of the most pressing challenges of urban living and make cities have better infrastructure, public services, and sustainable growth.

The concept of smart cities emerged as a transformative trend in the fields of technology and architecture that will reshape the urban landscape and revolutionize the way people interact with our environment. By integrating technologies such as the Internet of Things (IoT), artificial intelligence (AI), blockchain, and big data analytics, architects and IT professionals can set new standards for service delivery, sustainability, and livability.

In 2024, IT professionals and architects will be at the forefront of this environmental sustainability movement, leveraging technology and innovative design principles to develop cities that are technologically advanced, sustainable, and efficient to cater to the different needs of each resident.

In today’s exclusive AITech Park article, we will explore the emerging trend of smart cities and how IT professionals and architects can play a pivotal role in the development of these cities.

Towards Zero Waste

In 2024, architects will be more focused on eliminating the challenges of waste management to create resilient and sustainable cities by implementing smart waste management systems that have sensor-driven bins and smart waste collection vehicles that will optimize waste collection routes and reduce fuel consumption. Advanced waste-to-energy technologies are used to convert organic waste into renewable energy sources, minimizing landfill usage and mitigating environmental impacts.

Innovative Solutions for Water Sustainability

According to a report by the U.N. World Water Development Report 2023, water scarcity is one of the biggest crises that the world is facing, as it was revealed that 2 billion people (26% of the population) lack safe drinking water, while 3.6 billion (46%) lack access to safely managed sanitation.

Therefore, to curb these issues and strategize for water conservation and management, architects and IT professionals can implement IoT-enabled water meters to monitor water usage in real-time, enabling residents to optimize water consumption and identify leakages.

Bottom Line

As the world’s population continues to grow at an unprecedented rate, the essentiality of smart cities becomes more pronounced, as they provide a blueprint to address the challenges of urbanization and strive to reach the different goals related to improving urban lifestyle, achieving economic growth, and environmental sustainability.

To Know More, Read Full Article @ https://ai-techpark.com/the-emergence-of-smart-cities-in-2024/ 

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In the fast-growing digital world, deep learning (DL) and big data are highly used methods for data scientists. Numerous companies, such as Yahoo, Amazon, and Google, have maintained data in Exabytes, which helps generate large amounts of data with the help of big data analytics and deep learning tools and techniques.

Earlier data scientists used traditional data processing techniques, which came with numerous challenges in processing large data sets. However, with technological advancements in recent years, data scientists can utilize big data analytics, a sophisticated algorithm based on machine learning and deep learning techniques that process data in real-time and provide high accuracy and efficiency in business processes.

In recent times, it has been witnessed that DL methods are extensively used in healthcare, finance, and IT for speech recognition, learning methods in language processing, and image classification, especially when incorporated into various hybrid learning and training mechanisms for processing data with high speed.

Today’s exclusive AI Tech Park article aims to discuss integrating deep learning methods into big data analytics, analyze various applications of deep learning in big data analytics, and discuss the future of big data and deep learning.

Efficient Deep Learning Algorithms in Big Data Analytics

Deep learning is a subset of machine learning (ML), and it is considered the trendiest topic as DL is adopted in almost every field where big data is involved.

Every year, IT companies generate trillions of GBs of data, which makes extracting useful information a challenging task for them. Therefore, the answer to such a problem is deep learning, which automatically learns the hidden structure and patterns in the raw data using ML techniques.

Some deep learning models and algorithms show great potential in unleashing the complexity of patterns within big data analytics. In this section, we will take a glance at the effective ways data scientists can utilize deep learning techniques to implement big data analytics:

Preparing the Data

The initial step to implementing deep learning in big data analytics is data preparation. The quality of data used in training data learning models must be accurate to the model prepared by data scientists and IT professionals. Therefore, it is essential to ensure that the data is well structured and clean and should work as a problem solver.

To Know More, Read Full Article @ https://ai-techpark.com/deep-learning-in-big-data-analytics/

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We are living in an era of change, where industries are changing their traditional way of managing and streamlining organizational goals. SMEs and SMBs are gradually gaining market share and developing well-known brands, eliminating the term monopoly, as any business with an appropriate data strategy can create its own space in this competitive landscape.

To stay competitive, businesses are attracted to two potential technologies: artificial intelligence (AI) and business intelligence (BI). Combined, they offer a powerful tool that transforms raw data into implementable insight by making data accessible to BI managers. This collaboration between AI and BI enables companies to steer large-scale data efficiently and make quick business decisions.

This article provides an overview of the current landscape of AI and BI, highlighting the evolution of BI systems after integrating artificial intelligence. 

The Synergy Between BI and AI

The partnership between artificial intelligence and business intelligence has become the backbone of the modern business world.

In this competitive market, businesses across all industries strive to drive innovation and automation as an integrated strategy that reshapes organizations from a mindset of data and data-driven decision-making.

When BI managers integrate AI into BI systems in businesses, it harnesses big data’s power, providing previously inaccessible insights.

Traditionally, BI systems were focused on historical data analysis, which was collected and analyzed manually with the help of a data team, which tends to be a tedious job, and businesses often face data bias.

However, AI-powered BI systems have become a dynamic tool that uses predictive analysis and real-time decision-making skills to identify market patterns and predict future trends, providing a more holistic view of business operations and allowing your organization to make informed decisions.

The current landscape of AI-driven BI is a combination of big data analytics, machine learning (ML) algorithms, and AI in traditional BI systems, leading to a more sophisticated tool that provides spontaneous and automated analytical results.

As the AI field diversifies, the BI system will mature continuously, posing an integral role in shaping the future of business strategies across various industries.

Artificial intelligence is transforming business intelligence in numerous ways by making it a powerful tool for BI managers and their teams to work efficiently and effectively and have access to a wider range of customers. Even small businesses and enterprises are trying their hands at AI-powered BI software, intending to automate the maximum work of data analytics to make quick decisions.

In the coming years, we can expect more potential use cases of AI-powered business intelligence software and tools, helping businesses solve the greatest challenges and reach new heights.

To Know More, Read Full Article @ https://ai-techpark.com/transforming-business-intelligence-through-ai/

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Businesses today compete on their ability to quickly and effectively extract valuable insights from their data sets to produce goods, services, and ultimately–experiences. Customers make decisions on whether to buy from you or a competitor based on their experiences.

The faster you acquire insights from your data, the quicker you can enter your market. But how can you discover these insights when you are working with vast amounts of big data, various data sources, numerous systems, and several applications?

The solution is data integration!

Data Integration in a Nutshell!

Data integration is the process of combining information from many sources into a single, unified picture to manage data effectively, get an insightful understanding, and obtain actionable intelligence. It helps improve your business strategies, which would have a favorable effect on your bottom line.

Data integration solutions attempt to combine data regardless of its type, structure, or volume because data is increasing in amount, coming in various formats, and being dispersed more widely than before. Cleansing, ETL mapping, and transformation are a few of the processes that make up the integration, which starts with the ingestion procedure. Analytics technologies can finally create helpful, actionable business intelligence using data integration.

Data Integration Use Cases

Data Ingestion

Moving data to a storage place, such as a data warehouse or data lake, is a part of the data ingestion process. Ingestion involves preparing the data for a data analytics tool by cleaning and standardizing it. It can be broadcast in real-time or in batches. Building a data warehouse, data lake, or data lakehouse or moving your data to the cloud are examples of data ingestion.

Data Replication

Data is duplicated and moved from one system to another during the data replication process, for instance, from a database in the data center to a cloud-based data warehouse. As a result, accurate data is backed up and synchronized with operational needs. Replication can occur across data centers and the cloud in bulk, in scheduled batches, or in real-time.

Data Warehouse Automation

By automating the whole data warehouse lifecycle, from data modeling and real-time ingestion to data marts and governance, the data warehouse automation process speeds up the availability of analytics-ready data. It offers an effective substitute for traditional data warehouse design, as it takes less time to complete time-consuming operations like creating and distributing ETL scripts to a database server.

To Know More, visit@ https://ai-techpark.com/what-is-data-integration/ 

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