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AI in Analytics: Powering the Future of Data Analytics

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Augmented analytics: the combination of AI and analytics is the latest innovation in data analytics. For organizations, data analysis has evolved from hiring “unicorn” data scientists – to having smart applications that provide actionable insights for decision-making in just a few clicks, thanks to AI. 

Augmenting by definition means making something greater in strength or value. Augmented analytics, also known as AI-driven analytics, helps in identifying hidden patterns in large data sets and uncovers trends and actionable insights. It leverages technologies such as Analytics, Machine Learning, and Natural Language Generation to automate data management processes and assist with the hard parts of analytics. 

According to Gartner, by the end of 2024, 75% of enterprises will operationalize AI, driving a 5x increase in streaming data and analytics infrastructures. The capabilities of AI are poised to augment analytics activities and enable companies to internalize data-driven decision-making while enabling everyone in the organization to easily deal with data. This means AI helps in democratizing data across the enterprise and saves data analysts, data scientists, engineers, and other data professionals from spending time on repetitive manual processes.

How does AI improve Analytics?

The latest advances in Artificial Intelligence play a significant role in making business processes more efficient and powerful with the help of automation. Analytics, too, is becoming more accessible and automated because of AI. Here are a few ways in which AI is contributing to analytics:

  • With the help of machine learning algorithms, AI systems can automatically analyze data and uncover hidden trends, patterns, and insights that can be used by employees to make better-informed decisions. 
  • AI automates report generation and makes data easy-to-understand by using Natural Language Generation.
  • Using Natural Language Query (NLQ), AI enables everyone in the organization to intuitively find answers and extract insights from data, thereby improving data literacy and freeing time for data scientists.
  • AI helps in streamlining BI by automating data analytics and delivering insights and value faster.

So, how does it work?

While traditional BI used rule-based programs to deliver static analytics reports from data, augmented analytics leverages AI techniques such as Machine Learning and Natural Language Generation to automate data analysis and visualization. 

  • Machine Learning learns from data and identifies trends, patterns, and relationships between data points. It can use past instances and experiences to adapt to changes and improvise on the data. 
  • Natural Language Generation uses language to convert the findings from machine learning data into easy-to-decipher insights. Machine Learning derives all the insights, and NLG converts those insights into a human-readable format.

Augmented analytics can also take in queries from users and generate answers in the form of visuals and text. This entire process is of generating insights from data is automated and makes it easy for non-technical users to easily interpret data and identify insights.

Augmented Analytics for Enterprises

Business Intelligence can help in making improved business decisions and driving better ROI by gathering and processing data. A good BI tool collects important data from internal and external sources and provides actionable insights out of it. Augmented analytics simply improves business intelligence and helps enterprises in the following ways:

  1. Accelerates data preparation

Data analysts usually spend most of their time in extracting and cleaning their data. Augmented analytics takes away all the painstaking processes that data analysts need to do by automating the ETL (extract, transform and load) data process and providing valuable data that can be useful for analysis.

  1. Automates insight generation

Once the data is prepared and ready for processing, augmented analytics uses it to automatically derive insights. It uses machine learning algorithms to automate analyses and quickly generate insights, which would take days and months if done by data scientists and analysts. 

  1. Allows querying of data

Augmented analytics makes it easy for users to ask questions and interact with data. With the help of NLQ and NLG, it takes in queries in the form of natural language, translates it into machine language, and then produces meaningful results and insights in the form of easy-to-understand language. This makes data analytics a two-way conversation wherein businesses can ask questions to their data and get answers in real-time.

  1. Empowers everyone to use analytics products

The feature of querying data makes it possible for professionals to delve deeper into their data and also enables everyone in the organization to use analytics products. Enterprises no longer require data scientists or professionals with technical expertise to use BI tools to analyze data. This has led to an increase in the user base of BI and analytics tools.

  1. Automates report generation and dissemination

With augmented analytics, insights can be generated from data at the speed of thought. These insights can further be used to automate report writing, saving a lot of manual efforts in report generation. 

Augmented Analytics in Action

Augmented Analytics can be used to solve various business problems. Some use cases and applications of it include demand forecasting, fraud, and anomaly detection, deriving customer and market insights, performance tracking, and so on. Here are a few examples:

  • Banking and financial institutions use augmented analytics to generate personalized portfolio analysis reports.
  • Retail and FMCG companies use intelligence powered by augmented analytics to track market insights and make informed decisions.
  • Companies in the financial services sector use recommendations and insights mined by augmented analytics to detect and prevent fraud or anomalies.
  • Media and entertainment companies use insights generated from augmented analytics to provide tailored content to their users.
  • Marketing and sales functions across businesses use augmented analytics to extract data from external and internal sources and gain insights into sales, customer trends, and product performance.

 Wrapping Up

The complexity and scale of data being produced and used by businesses across sectors are more than humans alone can handle. Enterprises have started adopting the new AI wave in analytics to tackle data and improve their processes. Augmented analytics is the disruptor, and leveraging it with BI platforms can help businesses to analyze data faster, optimize their operations and make data teams more productive.

Source: https://dataconomy.com/2021/01/ai-in-analytics-powering-the-future-of-data-analytics/

Artificial Intelligence

AI Offers Powerful Insights into Video Content Production

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AI, language processing, and deep learning are three major technologies that affect streaming services. They are already used to create content and the picture looks beautiful and detailed. If we exploit Artificial Intelligence in live streaming, this would change everything. Modern technology allows us to create automated actions, trigger real-time graphics, analyze audio, monitor social media sentiment and auto-sharing.

AI Leads to New Opportunities for Video Content Development

Some developers saw AI technology as an opportunity and created useful tools that help in video production. Let’s talk about 4 software variants that could be used for video production.

NotMP3

To process multimedia you should have a useful tool that will allow getting them without payment. Nowadays the best content provider is Youtube. That is why we decided to mention NotMP3 software, which uses cutting-edge AI technology. This sort will allow you to fulfill this task for free.

This is free software which is downloadable from the site. This is a simple but very powerful tool that can help you to get audio or video file of any quality you like. You can also get files from Soundcloud and transfer them to various formats.

The main advantage of NotMP3 software is that it is completely free and does not require creating an account. All you have to do is to install and use it.  

Transcriptive AI

The first program that actually uses AI technology is Transcriptive AI. This is a universal tool that is exploited to transcribe footage. It will make that footage searchable. You can use this software to make caption and paper edits.

The creator allows getting a free trial copy but if you want to continue using it, you will have to buy the product. This soft will be useful if you want to find some pieces of audio that have been mentioned in the video. You will also have accurate transcripts spending as little time as possible. The most powerful component is searchability – you can look for clips, sequences, and markers. This machine learning tool works like Google and you just mention the keywords.

Pixop

This is not a tool but a cloud service that exploits intuitive interface and AI technologies for video enhancement. The main advantage of this service is that it is very easy to use. You will not need any plugins and other tools. No subscription and fees are required. This service has been created to encourage creators to update their digital archives as easily as it is possible.

Users value Pixop because it provides a place where you can make video enhancement as fast as possible. This is a flexible and scalable could service which has been created to tackle every requirement. And the most important feature is the fact that it is powered by machine learning – just let AI do the work! Just sign up and use the online tool.

Imagen

This is a media management tool that is used for keeping media safe, secure, and easy to find. This program will help you to organize and unlock the full potential of your video files. You just open a video file and start editing it. This software uses a simple but effective technology to process a picture. Choose a frame, pause it and crop out the needed fragment. Then this picture could be saved on your device and used to create media products. You can add annotations for any image.

This tool could be ideal for content makers that are willing to organize and see the true value of their content. This service lets you focus on the important features of the picture. It is very good for business in content-making industry.

AI is Invaluable for Creating New Video Content

So, what is the best AI solution for content creation? At first, you will need a tool that would be able to download the high-quality video as fast as possible. That is why you will definitely need NotMP3 downloader and converter.

After that try Transcriptive AI program because this is professional software. It has lots of useful features. But it is not free.

If you are looking for the fastest way, try Pixop cloud service – it has all the needed functions. You can use Imagen as a free offline variant which will help you to create the best content.

The post AI Offers Powerful Insights into Video Content Production appeared first on SmartData Collective.

Checkout PrimeXBT
Source: https://www.smartdatacollective.com/ai-offers-insights-into-video-content-production/

Continue Reading

Artificial Intelligence

AI Offers Powerful Insights into Video Content Production

Avatar

Published

on

AI, language processing, and deep learning are three major technologies that affect streaming services. They are already used to create content and the picture looks beautiful and detailed. If we exploit Artificial Intelligence in live streaming, this would change everything. Modern technology allows us to create automated actions, trigger real-time graphics, analyze audio, monitor social media sentiment and auto-sharing.

AI Leads to New Opportunities for Video Content Development

Some developers saw AI technology as an opportunity and created useful tools that help in video production. Let’s talk about 4 software variants that could be used for video production.

NotMP3

To process multimedia you should have a useful tool that will allow getting them without payment. Nowadays the best content provider is Youtube. That is why we decided to mention NotMP3 software, which uses cutting-edge AI technology. This sort will allow you to fulfill this task for free.

This is free software which is downloadable from the site. This is a simple but very powerful tool that can help you to get audio or video file of any quality you like. You can also get files from Soundcloud and transfer them to various formats.

The main advantage of NotMP3 software is that it is completely free and does not require creating an account. All you have to do is to install and use it.  

Transcriptive AI

The first program that actually uses AI technology is Transcriptive AI. This is a universal tool that is exploited to transcribe footage. It will make that footage searchable. You can use this software to make caption and paper edits.

The creator allows getting a free trial copy but if you want to continue using it, you will have to buy the product. This soft will be useful if you want to find some pieces of audio that have been mentioned in the video. You will also have accurate transcripts spending as little time as possible. The most powerful component is searchability – you can look for clips, sequences, and markers. This machine learning tool works like Google and you just mention the keywords.

Pixop

This is not a tool but a cloud service that exploits intuitive interface and AI technologies for video enhancement. The main advantage of this service is that it is very easy to use. You will not need any plugins and other tools. No subscription and fees are required. This service has been created to encourage creators to update their digital archives as easily as it is possible.

Users value Pixop because it provides a place where you can make video enhancement as fast as possible. This is a flexible and scalable could service which has been created to tackle every requirement. And the most important feature is the fact that it is powered by machine learning – just let AI do the work! Just sign up and use the online tool.

Imagen

This is a media management tool that is used for keeping media safe, secure, and easy to find. This program will help you to organize and unlock the full potential of your video files. You just open a video file and start editing it. This software uses a simple but effective technology to process a picture. Choose a frame, pause it and crop out the needed fragment. Then this picture could be saved on your device and used to create media products. You can add annotations for any image.

This tool could be ideal for content makers that are willing to organize and see the true value of their content. This service lets you focus on the important features of the picture. It is very good for business in content-making industry.

AI is Invaluable for Creating New Video Content

So, what is the best AI solution for content creation? At first, you will need a tool that would be able to download the high-quality video as fast as possible. That is why you will definitely need NotMP3 downloader and converter.

After that try Transcriptive AI program because this is professional software. It has lots of useful features. But it is not free.

If you are looking for the fastest way, try Pixop cloud service – it has all the needed functions. You can use Imagen as a free offline variant which will help you to create the best content.

The post AI Offers Powerful Insights into Video Content Production appeared first on SmartData Collective.

Checkout PrimeXBT
Source: https://www.smartdatacollective.com/ai-offers-insights-into-video-content-production/

Continue Reading

AI

How AI is Transforming Cybersecurity in 2021?

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Artificial Intelligence (AI) is one of the main weapons by which companies or medium-sized corporations can combat numerous cyber threats successfully.

According to Warren Buffet, “Cyber-attack is the biggest threat to mankind, even more of a bigger threat than the nuclear weapon.” Therefore, organizations should consider applying the concepts of AI within their workplaces if they want to prosper in the future without compromising their digital anonymity.

Continue reading this post to know what is AI and how it is transforming cybersecurity for all the right reasons.  

What is Artificial Intelligence (AI)?

Artificial Intelligence (AI) is a modern branch of computer science. It helps create smart devices that can perform various tasks depending on the situation using the core concepts of human intelligence.

Thanks to Artificial Intelligence (AI), you can now deposit cheques online from your homes hassle-free. Furthermore, AI allows you to decipher handwriting, making online cheque processing a reality these days.

As far as the importance of AI in cybersecurity is concerned, it enables cybersecurity professionals in detecting and resolving numerous security risks residing in corporate networks of different organizations proactively.

How is AI transforming cybersecurity in 2021?

As previously discussed, AI is providing numerous solutions to cybersecurity experts worldwide. Besides, Artificial Intelligence (AI) will replace the need for human beings in cybersecurity by the end of 2030.

In short, AI will help organizations or businesses significantly improve the performance of their cybersecurity departments in the future without relying on human expertise.

As expected, various organizations are already relying on AI concepts when they want to detect and eliminate potential cyber risks within their networks timely.

Moreover, 80% of telecom companies are benefiting from AI notions to protect themselves against dangerous cybersecurity issues like hacking, data theft, identity theft, and others accordingly.

The best thing about implementing AI concepts is that companies can reduce their cost by 12% in terms of threats and breaches detection. In addition to this, they can follow use cases of AI to improve their performance cybersecurity-wise.

This is one of the major reasons why organizations or businesses are investing huge amounts of money in Artificial Intelligence (AI) globally.

Considering the significance of AI in cybersecurity, we can expect that the role of AI when it comes to enhancing cybersecurity of organizations or businesses will increase with the passage of time.

Is everything rosy with Artificial Intelligence (AI)?

There is no denying that AI offers various advantages to its users, be it companies, medium-sized enterprises and small businesses. However, the worst thing about AI is that it is easily accessible to everyone, including cyber terrorists, which is not good from a cybersecurity point of view.

Therefore, hackers can use the said concepts of AI to accomplish their malicious objectives. Unfortunately, they can access AI models and use them to bypass prevailing cybersecurity practices of organizations or businesses easily.

As a result, they can gain control of corporate IT networks and misuse official data including customers’ personal information and sensitive business communications to execute their notorious plans.

In this scenario, companies should use cybersecurity tools such as VPNs. They can try a VPN service that offers a free trial if they do not want to spend hundreds of bucks initially to see if it helps them safeguard their digital assets from hackers and other cyber goons. Once they are satisfied with its performance, they can consider using its premium packages as per their preferences.

Apart from this, there is no harm in availing different online protection tools like antivirus software, email encryption software, password managers, firewalls, KPIs, etc. Once organizations or companies start using them, they can effectively protect their official devices and business data from the prying eyes of notorious elements over the web.

Lastly, they should provide basic cybersecurity training to improve their employee’s personal privacy either remote or office-based comprehensively.

As a result, they will start updating their official devices regularly. Moreover, they can secure their devices from phishing attacks as they will not click on a suspicious link provided in emails sent from unknown people.

They can also start using password managers like LastPass and others that will enable them to protect their crucial login credentials trouble-free.

Wrapping Things Up

Artificial Intelligence (AI) does have all the right ingredients to transform the future of cybersecurity to the next level. However, companies or businesses should be smart enough to apply AI notions within their workplaces with caution.

Besides, they should not stop following certain cyber hygiene practices at any cost, like installing antivirus software on official devices, data backup, password managers, email encryption tools, etc.

This way, they can protect themselves from the consequences of hacking, data theft, malware, phishing and other cyber risks in 2021 and beyond.

The post How AI is Transforming Cybersecurity in 2021? appeared first on SmartData Collective.

Checkout PrimeXBT
Source: https://www.smartdatacollective.com/how-ai-is-transforming-cybersecurity/

Continue Reading

AI

How AI is Transforming Cybersecurity in 2021?

Avatar

Published

on

Artificial Intelligence (AI) is one of the main weapons by which companies or medium-sized corporations can combat numerous cyber threats successfully.

According to Warren Buffet, “Cyber-attack is the biggest threat to mankind, even more of a bigger threat than the nuclear weapon.” Therefore, organizations should consider applying the concepts of AI within their workplaces if they want to prosper in the future without compromising their digital anonymity.

Continue reading this post to know what is AI and how it is transforming cybersecurity for all the right reasons.  

What is Artificial Intelligence (AI)?

Artificial Intelligence (AI) is a modern branch of computer science. It helps create smart devices that can perform various tasks depending on the situation using the core concepts of human intelligence.

Thanks to Artificial Intelligence (AI), you can now deposit cheques online from your homes hassle-free. Furthermore, AI allows you to decipher handwriting, making online cheque processing a reality these days.

As far as the importance of AI in cybersecurity is concerned, it enables cybersecurity professionals in detecting and resolving numerous security risks residing in corporate networks of different organizations proactively.

How is AI transforming cybersecurity in 2021?

As previously discussed, AI is providing numerous solutions to cybersecurity experts worldwide. Besides, Artificial Intelligence (AI) will replace the need for human beings in cybersecurity by the end of 2030.

In short, AI will help organizations or businesses significantly improve the performance of their cybersecurity departments in the future without relying on human expertise.

As expected, various organizations are already relying on AI concepts when they want to detect and eliminate potential cyber risks within their networks timely.

Moreover, 80% of telecom companies are benefiting from AI notions to protect themselves against dangerous cybersecurity issues like hacking, data theft, identity theft, and others accordingly.

The best thing about implementing AI concepts is that companies can reduce their cost by 12% in terms of threats and breaches detection. In addition to this, they can follow use cases of AI to improve their performance cybersecurity-wise.

This is one of the major reasons why organizations or businesses are investing huge amounts of money in Artificial Intelligence (AI) globally.

Considering the significance of AI in cybersecurity, we can expect that the role of AI when it comes to enhancing cybersecurity of organizations or businesses will increase with the passage of time.

Is everything rosy with Artificial Intelligence (AI)?

There is no denying that AI offers various advantages to its users, be it companies, medium-sized enterprises and small businesses. However, the worst thing about AI is that it is easily accessible to everyone, including cyber terrorists, which is not good from a cybersecurity point of view.

Therefore, hackers can use the said concepts of AI to accomplish their malicious objectives. Unfortunately, they can access AI models and use them to bypass prevailing cybersecurity practices of organizations or businesses easily.

As a result, they can gain control of corporate IT networks and misuse official data including customers’ personal information and sensitive business communications to execute their notorious plans.

In this scenario, companies should use cybersecurity tools such as VPNs. They can try a VPN service that offers a free trial if they do not want to spend hundreds of bucks initially to see if it helps them safeguard their digital assets from hackers and other cyber goons. Once they are satisfied with its performance, they can consider using its premium packages as per their preferences.

Apart from this, there is no harm in availing different online protection tools like antivirus software, email encryption software, password managers, firewalls, KPIs, etc. Once organizations or companies start using them, they can effectively protect their official devices and business data from the prying eyes of notorious elements over the web.

Lastly, they should provide basic cybersecurity training to improve their employee’s personal privacy either remote or office-based comprehensively.

As a result, they will start updating their official devices regularly. Moreover, they can secure their devices from phishing attacks as they will not click on a suspicious link provided in emails sent from unknown people.

They can also start using password managers like LastPass and others that will enable them to protect their crucial login credentials trouble-free.

Wrapping Things Up

Artificial Intelligence (AI) does have all the right ingredients to transform the future of cybersecurity to the next level. However, companies or businesses should be smart enough to apply AI notions within their workplaces with caution.

Besides, they should not stop following certain cyber hygiene practices at any cost, like installing antivirus software on official devices, data backup, password managers, email encryption tools, etc.

This way, they can protect themselves from the consequences of hacking, data theft, malware, phishing and other cyber risks in 2021 and beyond.

The post How AI is Transforming Cybersecurity in 2021? appeared first on SmartData Collective.

Checkout PrimeXBT
Source: https://www.smartdatacollective.com/how-ai-is-transforming-cybersecurity/

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