Top Management College in Kolkata | PGDM College in India Praxis

Natural Language, But Artificially!

GPT-3 turns customer feedback into actionable insights with human-like suggestions Imagine a natural language program (NLP), used by a shopping mall being queried about what’s frustrating customers with the checkout experience, responding; “Customers are frustrated with the checkout flow because it takes too long to load. They also want a way to edit their address […]

Financial KPIs for the Soul

A cheat sheet of financial metrics for the well-rounded employee For most modern enterprises, keeping a close eye on the financial and accounting metrics of the firm is the task of utmost importance: a responsibility usually allocated to the shoulders of dedicated finance teams within the firm. In this regard, although knowledge of a niche […]

The Data Army

The US military service is setting up a Digital Corps comprising Computer Scientists – creating a new breed of “civilian soldiers” who fight for their nation using data skills In 2020, there were more than 430,000 open computer science jobs in the United States, while only 71,000 new computer scientists graduate from American universities each […]

Shelf-Life Zero

The difference between yesterday’s data and today’s analytics? Everything. In a world where streaming and real-time data analytics are becoming increasingly important, most firms worldwide are recognising the ‘shelf-life’ of the data in their possession: the quicker they can turn raw data into insights, the more value they can extract from it. Ain’t no time […]

Dynamic Cryptography

DARPA is currently leading the race for the ‘holy grail of encryption’ In modern-day encryption, an algorithm is used to scramble or encrypt data (files/messages etc.) to make it completely indecipherable even if the data has been hijacked. It remains readable to only those users in possession of the key – upon the entering of […]

Driving Towards the Future

Automobiles of the future will be guided by cutting-edge technologies – a transformation that will have significant impact on financial services as well As more and more vehicles become connected, new insurance services and business models are emerging, including data-driven usage-based insurance (UBI), which uses data to align driving behaviour and mileage with insurance premiums. […]

Autonomous Finance

With algorithms poised to become our trusted financial advisors, expect your robot to have the final say on money matters! Joan, a 29-year-old American woman, makes over $200,000 annually but doesn’t want to spend her free time calculating the best combo of savings, investments, and free cash. She starts using an algorithm-driven engine that allocates […]

The Quantum Debate

Several players are trying hard to win the quantum race, but it appears that the techniques they employ are different. So, what works best? By now, we all know that quantum computers work through qubits or quantum bits, and rely on the quirky theories of quantum physics. The two technologies on which most of current […]

A Synthetic Solution

How the use of Synthetic Data could prove to be a saving grace for AI The economic disruption caused due to the COVID-19 pandemic affected several global industries adversely: perhaps none more so than the Autonomous Vehicle (AV) industry. With most fleets grounded, the chance to accrue data over real-world miles in order to streamline […]

The Future of War

A new career path opens for data scientists as the future of war becomes Algorithm vs Algorithm Sample the following developments: A satellite-controlled weapon system killed the leading Iranian nuclear scientist Mohsen Fakhrizadeh as he was driving surrounded by a convoy of bodyguards on November 27, last year. A total of 13 shots were fired […]