Get expert tips on how AI delivers competitive advantage to your business. Subscribe to the monthly newsletter below.
AI Prestudy makes your organisation AI ready. Using a proven collection of methods, we together identify operations that would benefit the most from AI augmentation, and draft an AI roadmap for your organisation’s growth.
AI Solution builds and implements AI-powered solutions into your business. It starts off with a lightweight Proof-of-Concept to ensure maximum impact. The solution is then put into deployment using a selection of engineering and Machine Learning tools that best fit your business.
AI Prime is your use phase and in production solution support concept for continuous improvement and maintenance of your AI-powered business solution.
One objective that central banks have is to identify bank distress and bank vulnerability. A Machine Learning model can analyse data from historical distress events, and take into account more than a thousand risk indicators and bank interconnectedness factors. These types of solutions can be used at central banks to help financial analysts and regulators. A model we created for the European Central Bank demonstrated as much accuracy in its predictions as 7000 human analysts, outperforming all existing systems.
Consumers are expecting increasingly more personalised shopping experience, especially when it comes to online shopping. If they don’t see something relevant for them immediately, chances are they’re going to leave. Machine Learning based recommendations systems can be used to tailor and personalise the shopping experience for each individual based on the consumers’ past interests and actions. This enables intelligent targeting not only within web but also through different marketing campaigns.
When making investment decisions, financial experts need to look for risks and opportunities by reading hundred-page documents, a time-consuming process prone to human error. An Natural Language Processing based AI model can learn the semantics behind key events and facts, and automatically extract the key risk-indicators for financial experts to evaluate. The AI generates a summarisation of its findings to be validated, improving process throughput time and gathering the entire department’s input into a single learning system.
Impact investing – funding projects that generate investment returns, alongside socially and environmentally beneficial outcomes – holds many opportunities for AI. For example, Natural Language Processing and other AI techniques can be used to analyse a large variety of data sources for pre-investment vetting. Investing becomes more data-driven when scraping, aggregating and analysing the data regarding potential target investments is systematic. Also, a major manual bottleneck in the pre-investment vetting process is removed.
In large-scale recruiting AI can be useful both to scout out new potential employees and to help retain the good hires. Large-scale recruiting generally follows a structured, multi-staged process, which can be improved in many ways. AI can predict employee success based on historical data from the previously hired employees, increasing the efficiency of discovering and selecting high-quality applicants. AI recruiter adds an additional level of getting to know the candidates, leading to less time spent in the interviews. In addition, AI recruiters can bring out biases in the human recruiters, that would otherwise go unnoticed.
The key to profitability within ad tech is the ability to make precise and fast predictions on whether to buy/sell particular impressions. Even though there are plenty of data available, there are several challenges in being able to do this in practice. These predictions need to happen within milliseconds and as the complexity of models increase, they get also computationally more expensive to use. With the right kind of expertise on Machine Learning infrastructure and modeling, there are profits to be made especially by deploying techniques that aren’t yet widely used, e.g. deep learning and reinforcement learning. These techniques can be applied to constantly search for the most optimal decisions in the dynamically changing marketplace.
In an environment where constant monitoring of a vital system is required, a AI can help spot possible problems. For example, sewage pipes can be monitored by video cameras, and this video data can then be processed through a Computer Vision model. The AI model recognises probable pipe defects, anomalous objects and blockages in the video and flags them. Human experts give the model feedback by either confirming or rejecting the potential problems, thus further improving the accuracy of the model and data quality for future use. The defect alerts can be then used to guide human activities such as maintenance visits.
In the legal industry the biggest asset of any company is the expertise of its employees. This expertise is captured in countless number of documents and metadata related to them. Capturing the collective experience of what has been developed by the company in the past for various cases forms the core of AI-assisted legal work. Law firms can significantly cut down the time used for getting started with a document by making better use of what’s already known to be a good approach and even clause level formulation for a specific situation. This speeds up new lawyer on-boarding and allows tapping into the knowledge often available only through discussion with senior lawyers.
Industrial production is a prime target for AI from a variety of perspectives. A production line AI brings value to the core production processes by intelligently combining data from different sources, optimising the production capacity and reducing the number of defects. With production line AI, you can identify common error patterns and scenarios in order to decrease line downtime, material losses and quality variation, but also to analyse idle time and optimise usage of production line machines with predictivity. The AI system continuously improves its level of automation and accuracy as it learns from the human’s feedback on its output.
In airlines and maritime industries AI can be used to support operations, predicting problems and enabling a holistic view of current conditions. For example, an AI augmented control center can help in spotting issues before they become a problem. A typical problem that can be predicted with AI includes operational delays, that can be due to a magnitude of different reasons.
Shipbuilding facilities can benefit from AI systems in many ways ranging from energy efficiency management, predictive maintenance to system fault to error identification. Also, autonomous vessels are considered to be future of maritime industry. For this vision to materialise, intelligent systems are required to monitor both the vessel’s own operations as well as its environment. It’s vital that ships are able to understand and communicate what is around them and make decisions based on that information, aided by humans. Computer vision models are used for example for object detection and classification, in order to make sense of the ship’s surroundings.
Data cleaning, anonymisation, formatting for raw data, text, images etc.
Rapidly iterate on various AI approaches to reach results faster
Trusted front end: human in the loop dashboards; cloud or local solutions
Whether you want to get started with AI or expand your existing AI operations, build competitive advantage for your business with cutting edge artificial intelligence.