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Enterprise AI

AI in the business world: 3 big myths, debunked

Image credit: analyticsinsight.net People are afraid of the unknown. It is only natural to fear outcomes that are not only confusing but could mean a massive shift to your business. Enter, Artificial Intelligence. Every business owner has to explore what progress in AI technology looks like for their workforce and the business itself. What is critical for business leaders to fully understand is to know how AI works, how it can generate value for their enterprise, and where its limitations lie. But as with any emerging technology, there are numerous misconceptions about artificial intelligence. There is no doubt that AI is the most disruptive... Read More

Python for Big Data

Python and Big Data: Made for Each Other

When considering data, did you ever thought how big is big? Well, we’re living in a world that’s ruled by data. What’s interesting is that it is growing exponentially. In fact, the volume of data is so big and great that the digital universe is estimated to touch 44,000 Exabytes (or 44 trillion gigabytes) by the year 2020, expanding more than nine-fold against 4.4 trillion gigabytes in 2013. Even more interesting is the thing that data never sleeps and it just keeps getting bigger. The numbers showing the amount of data generation each day are staggering – predicting that, by... Read More

Will fintech change the face of global finance segment

Will fintech change the face of global finance segment?

So, what is fintech? Fintech, short for financial technology, is the innovative use of technology – primarily the internet and mobile – in the design and delivery of financial services of various kinds to the target customers and clients. To try to demystify fintech for you: think of it as every technology right now that relates to money transfer or transactions, and that goes from payment to banking to how money is managed, earned, saved, transferred, and everything that relates to money.  It includes a huge range of products, business models, and technologies that are disrupting the financial institutions and... Read More

Cloud Technologies Benefits for Pharmaceutical Industry

Here is how cloud technologies will keep on working in the favor of pharmaceutical industry

The pharmaceutical industry is in the middle of a complete transformation. With the new DSCSA deadlines fast approaching, pharmaceutical companies are accelerating their efforts – and having a hard time – to meet the compliance requirements set by the Drug Supply Chain Security Act (DSCSA). The purpose of these provisions, to create an electronic, interoperable database system to identify as well as trace prescription drugs as they are disseminated throughout the United States, is no doubt an important one to ensure the safety of consumers. This does not, by any means, mean an easy transition, however. While pharmaceutical companies are... Read More