Climate change has led to an unprecedented rise in natural disasters. At the same time, AI technology has developed enough to help predict events like hurricanes and floods, potentially saving countless lives. Here are the most promising uses for AI and machine learning in disaster mitigation. Predicting Earthquakes Researchers from Stanford's School of Earth, Energy & … [Read more...] about Why We Need AI to Keep People Safe from Natural Disasters
forecasting
Why NLP Is a Promising Technology for Business
In today's fiercely competitive world, businesses must dig deeper and develop a greater understanding of customer preferences and market trends by applying innovative options like artificial intelligence and machine learning. As natural language processing technology continues to evolve into a robust, user-oriented tool, businesses find that NLP can guide their marketing and … [Read more...] about Why NLP Is a Promising Technology for Business
Machine learning methods for demand forecasting in a new normal
The COVID-19 pandemic has fundamentally changed our daily life. The economic impact of the pandemic can be most widely visible in the consumer goods sector. From grocery and toilet paper hoarding to rapid demand increasing for Zoom and other video conferencing software, COVID-19 caused consumer behavior change and supply-chain disruptions. Manufacturers and retailers are trying … [Read more...] about Machine learning methods for demand forecasting in a new normal
Data Science in Commodity Markets
Data Science in Commodity Markets At this conference you will identify the key purpose of data science application to ensure you end with tangible results while reducing time spent on data processing, and build trust in models. Commodity firms sit on vast amounts of data. This coupled with advancing technologies means that you can gain more and more value from this data. … [Read more...] about Data Science in Commodity Markets
9 Mistakes to Avoid When Predicting Business Performance
The state of forecasting in today's businesses is such that only 1% are able to achieve 90% forecasting accuracy 30 days out. I think we can all agree that's sub-optimal, but why is this the case? In this post, we'll talk at a tactical level about the nine most-common mistakes that might be preventing you from accurately predicting your future business performance. As you read … [Read more...] about 9 Mistakes to Avoid When Predicting Business Performance
