Blogs or Expert Columns
Hacked Again? Here’s How an OSS Anomaly Detection Solution Can Get You Back On Track
Originally Posted Here Hacked Again? Here’s How an OSS Anomaly Detection Solution Can Get You Back On Track There’s not a business out there that wouldn’t want to defend itself against fraudulent activities, hacking attempts, and operations disruptions. And with cases of fraud and cyberattacks on the rise—$16 billion was stolen from 15.4 million U.S. consumers in 2017—businesses need to pay attention to solutions that can help them identify this kind of behavior.Here’s where anomaly detection comes in. Luckily, businesses’ web server logs hold a lot more information than they realize, including vital [...]
Smarter Service, Happier Customers: Why Your Business Needs Cognitive Chatbots
Originally Posted Here Smarter Service, Happier Customers: Why Your Business Needs Cognitive Chatbots Chatbots are everywhere. From your online banking page to takeout restaurant websites, it seems rare nowadays to not see that friendly pop-up in the corner of your screen while browsing the web: “Hello! How can we help?” When the chatbot is capable of handling customer service enquiries, it’s certainly a useful tool for businesses to have. Not least for millennials, who increasingly prefer to interact with chatbots over real-life humans to resolve their queries. In fact, according to Gartner, by [...]
Translating data into a universal language is key to developing a culture around it, says data consulting company
Originally Posted Here Translating data into a universal language is key to developing a culture around it, says data consulting company If employees don’t speak ‘data,’ then data-based solutions will not generate sufficient return on investment for Fortune 500 companies, claims DJ Das, Founder and CEO of ThirdEye data. ThirdEye Data is a data consulting company based in Silicon Valley that uses artificial intelligence, machine learning and big data to build tech solutions for its customers. In this Q&A, Das speaks to The Sociable about data culture, why it’s important, how companies can develop [...]
Helping the Little Guy: The Power of Open Source Software for Startups
Originally Posted Here Helping the Little Guy: The Power of Open Source Software for Startups It’s no secret that open source software holds many benefits for businesses looking to reap the rewards of these innovative, collaborative and incidentally free efforts of developers around the world. Even major companies such as Salesforce have opened up their software for developers to test, debug and improve. Other huge players that run on open source software include Netflix and Twitter. In fact, 78 percent of companies run on open source. So, what if I told you these benefits improve exponentially [...]
The State of Conversational AI and Consumer Trust
Originally Posted Here The State of Conversational AI and Consumer Trust Conversational AI voice technology offers new opportunities to automate everyday responsibilities. Yet, people indicate a lack of trust toward these tools’ abilities to successfully complete tasks. Nearly three-quarters of people are unlikely to trust conversational AI to answer simple calls or emails, but experts say this hesitancy will shift as the technologies become more mainstream, despite security risks. In June 2018, Google unveiled Duplex, a feature of its voice assistant that could call businesses and book reservations. Duplex's lifelike [...]
Top 10 AI Solution Provider of 2018 – Silicon India
Originally Posted Here ThirdEye Rated as Top 10 Artificial Intelligence Solution Provider 2018 ThirdEye Data: The Answer to All Data Challenges Big data is no fad. The world is witnessing a meteoric rise of data today, which is only doubling in volume by the year. As data evolves, every business organization seeks to explore the deluge of information and glean meaningful insights to drive better decision-making and enhance productivity. Despite such potential, enterprises, especially SMBs, fall behind in implementing data-driven processes. The culprit, however, is not their lack of [...]
Chronicle, Alphabet’s Cybersecurity Moonshot, Is Coming To Google Cloud
Originally Posted Here Chronicle, Alphabet's Cybersecurity Moonshot, Is Coming To Google Cloud Spun out of the secretive X division, Chronicle will merge with sister company Google, and its threat detection tools will later be directly integrated into GCP. A "moonshot" cybersecurity company within Google parent Alphabet's portfolio will be merged with Google and its threat-detection technology integrated into Google Cloud, the Internet giant revealed on Thursday. Chronicle was born in and spun out from the secretive X division, another Alphabet subsidiary that's essentially a factory for incubating next-generation technologies [...]
18 DATA SCIENTISTS & SECURITY PROS REVEAL THE MOST COMMON PITFALLS TO DATA DISCOVERY AND CLASSIFICATION
Originally Posted Here 18 Data Scientists & Security Pros Reveal The Most Common Pitfalls To Data Discovery And Classification A data classification process makes it easier to locate and retrieve data, and it's an important process for any data security program, as well as for risk management and compliance. By leveraging tools that can automatically locate and identify your sensitive data, companies can gain a deeper understanding of what data they possess, where it exists within the organization, and how sensitive it is, allowing them to apply the appropriate level of [...]
How predictive analytics can support effective lockdown management
Originally Posted Here How predictive analytics can support effective lockdown management AI-powered predictive analytics solutions can provide crucial insights to law enforcement teams, allowing them to fairly and effectively enforce lockdown restrictions and back up their decision-making with data. Police departments across the globe have been tasked with the challenge of enforcing Covid-19 lockdown measures. In Israel, this has been far from smooth-sailing, with police checkpoints causing huge traffic delays, some areas seeing the illegal reopening of schools, and criticisms emerging of mismanagement across different jurisdictions. Adopting AI-powered predictive [...]
How AI powers B2B online customer experience and sales
Originally Posted Here Building out your data infrastructure? Why a data culture must come first At a time when pandemic-stressed B2B companies need to develop better customer experience, marketing and service, artificial intelligence technology can play a crucial role, Aparajeeta Das of ClouDhiti writes. COVID-19 has thrown business as usual out of the window for B2B companies across industries. Given the transition to online-only commerce for millions of organizations, it’s more important than ever for your digital presence and customer experience to be seamless. This is where artificial intelligence [...]
Building out your data infrastructure? Why a data culture must come first
Originally Posted Here Building out your data infrastructure? Why a data culture must come first As businesses increasingly see the benefits of data-related investments and projects among their industry peers, it can be tempting for them to dive head-first into building out their data infrastructure with new analytics tools. However, embarking on a data journey is not as straightforward as simply making the purchase and sitting back to watch the rewards roll in. Optimizing the way your company leverages data requires a strong data culture, across all teams. In [...]
We must move away from ‘cookie-cutter’ chatbots
Originally Posted Here We must move away from ‘cookie-cutter’ chatbots Bad chatbots don’t sit well with customers, but ‘intelligent’ ones can be highly effective. It’s no secret that when chatbots are bad, they’re really bad. There’s nothing worse than trying to convey your needs and problems in a chat box, only to be met with irrelevant automated responses. Even entities such as CNN and the Wall Street Journal have struggled to build bots that could understand simple unsubscribe requests from their users. CNN’s bot only understood the request when [...]
Top 15 Big Data Development Companies In India & USA | 2020
Originally Posted Here Top 15 Big Data Development Companies In India & USA | 2020 2020’s New Buzz Word is undeniable “Big Data Technology”. 2019 was a significant year across the big data arena. As the year started with Cloudera and Hortonworks merger, there has been a massive upsurge in Big Data landscape across the globe, with firms flocking to harness the advantages and importance of Big Data Development solutions and it’s an arrangement for the business success. The Big Data industry worth is predicted at $189 billion, almost [...]
The 4 Roles Your Chief Data Officer Must Play
Originally Posted Here The 4 Roles Your Chief Data Officer Must Play Although chief data officer (CDO) is becoming a more common C-suite title, the role—not unlike data— is continuing to evolve and grow. “There are multiple skill sets that the CDO needs to develop,” said Dr. Richard Y. Wang, executive managing director of the Institute for Chief Data Officers at the University of Arkansas at Little Rock. They should be tech savvy, customer-driven, security conscious, visionary, and a change-manager, he noted. While understanding business and technology, and how [...]
How AI-powered Surveys Can Boost HR Insights and Employee Experience
Originally Posted Here How AI-powered Surveys Can Boost HR Insights and Employee Experience Gone are the days of standardized engagement surveys and lackluster action on employee responses. AI can help HR professionals send the right survey questions to employees at the right time, and provide actionable insights on the next steps, writes DJ Das, founder and CEO of ThirdEye Data. The HR industry was no stranger to digital transformation and AI adoption even prior to the pandemic. However, with the advent of mass work-from-home policies – many of which [...]
Cognitive Technologies for The Next Generation of Chatbots
Originally Posted Here COGNITIVE TECHNOLOGIES FOR THE NEXT GENERATION OF CHATBOTS We are all familiar with the experience of getting nowhere with a rudimentary chatbot that only understands simple requests sent in clear and formal language. And when it doesn’t understand, it responds with unhelpful irrelevant messages and ends up transferring the customer through to a human operator, having wasted everyone’s time. These types of interactions can be frustrating and misleading, and are enough to put site visitors off for good. In fact, studies show that 73% of users [...]
How to choose and deploy industry-specific AI models
Originally Posted Here How to choose and deploy industry-specific AI models As artificial intelligence becomes more advanced, previously cutting-edge — but generic — AI models are becoming commonplace, such as Google Cloud’s Vision AI or Amazon Rekognition. While effective in some use cases, these solutions do not suit industry-specific needs right out of the box. Organizations that seek the most accurate results from their AI projects will simply have to turn to industry-specific models. Any team looking to expand its AI capabilities should first apply its data and use [...]
AI Should Augment Human Intelligence, Not Replace It
In an economy where data is changing how companies create value — and compete — experts predict that using artificial intelligence (AI) at a larger scale will add as much as $15.7 trillion to the global economy by 2030. As AI is changing how companies work, many believe that who does this work will change, too — and that organizations will begin to replace human employees with intelligent machines. This is already happening: intelligent systems are displacing humans in manufacturing, service delivery, recruitment, and the financial industry, consequently moving human workers towards lower-paid jobs or making them unemployed. This trend has led [...]
Bots For Banking: How Smart Chatbots Can Secure Data And Combat Fraud
We are living in an age where convenience, speed, and efficiency are king. So, unsurprisingly, chatbots have taken reign as the preferred method of customer service for many -- not least fast-paced professionals that don’t have the time to sit through automated messages or wait on hold for a human operator. In fact, 69 percent of consumers prefer chatbots for quick communication with brands, and Gartner predicted that by 2020, 85 percent of engagement with businesses will be conducted without the consumer ever interacting with another human being. There’s few places that AI-powered chatbots have more potential than in the financial sector. Many of the [...]
Credit Risk Modeling Using Machine Learning Approach (Part 1)
Credit Risk Modeling Using Machine Learning Approach (Part 1) In this post, we will demonstrate a machine learning approach for modeling credit risk in the peer-to-peer (P2P) lending domain. This is a two-part series of credit risk modeling. In this part, we will discuss the basics of credit risk modeling, about P2P lending platform, the dataset used and, exploratory data analysis. APPLICATION OF MACHINE LEARNING IN CREDIT RISK MODELING Credit risk modeling is a technique used by creditors for identifying the level of credit risk linked with the borrowers. Now, the question comes WHAT IS [...]
Learning Solutions for the US market – through SiyonaTech
Learning Solutions for the US market - through SiyonaTech The Learning solutions market continues to expand as organizations look to leverage their most important resources – their people – through the right knowledge and skills to maintain a competitive advantage. There is greater interest in Digital Learning solutions as it allows companies to reach their audiences more efficiently and cost-effectively than traditional means of learning. The Covid situation has helped highlight and accelerates the adoption of Digital Learning as it’s currently the only way for companies to skill their populations working from home. But just providing digital learning is not [...]
ThirdEye Data Becomes a Three Times Clutch Global Award Leader
ThirdEye Data Becomes a Three-Times Clutch Global Award Leader! In this advanced world dominated by technology, Artificial Intelligence (AI) has been playing a key role in the progression of automation in almost all aspects of everyday life, both for enterprises and consumers. The coming together of technologies like Cloud Computing and Big Data with AI and Machine Learning (ML) is the driving force for this rapid pace of automations. AI has been efficiently accomplishing mundane, day-to-day tasks more than humans and has even learned to adapt to more complex orders. This breakthrough is crucial to its development and it will [...]
We Love You – Our Customers
Thank You All For This Year 2020 The Covid Pandemic has put the entire world in an unprecedented challenge. Business losses and unemployment ambushed the year. Unknown facts about the virus left many people in the dilemma of what’s best and what’s not. Before anyone could figure out millions of lives across the world were already lost. In such a tumultuous world, business losses were inevitable. But we stood our ground! ThirdEye is lucky to be a survivor! We are extremely thankful to our Fortune 500 customers who helped us to keep going in such trying times. Our customers [...]
Top Chatbot Development Frameworks You Should Know – Exploring Open Source Solutions (Part 2)
Top Chatbot Development Frameworks You Should Know – Exploring Open Source Solutions (Part 2) It is second part of “Top Chatbot Development Frameworks You Should Know” in which we have discussed about top paid chatbot frameworks and highlight their pros and cons. In this post, we will discuss best available open source chatbot frameworks by highlight their pros and cons and in the end compare them with paid solutions and suggest you which framework is best for what scenario. Below is the summarized details of best open source chatbot development frameworks. Top Open Source Chatbot Frameworks Comparison [...]
