By Paul Ridge, Head of Insurance, SAS UK & Ireland Black swan events are not unknown to the insurance industry. Whether it’s natural disasters such as the Japanese earthquake in 2011, the Chernobyl disaster in 1986 or pandemics such as the SARS virus in 2002. By their nature, these kinds
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Data, AI and digital transformation will define the industry of the future. The die is cast. Without an industrial approach for analytics, there will be no future! Diamonds are forever Khepri, a deity of ancient Egypt, symbolized the morning rebirth of the sun. Khepri is also said to have inspired
Government procurement teams are responsible for managing billions of pounds of public expenditure, and taxpayers want more transparency on how their money is being spent. However, experts estimate that procurement errors, waste and abuse can cost central government up to 4.7% of procurement spend.[1] And when government procurement fraud scandals hit
Interview with Dr. Christian Rammer (ZEW), who leads projects as far as innovation economics and business dynamics at ZEW.
With unemployment at a three-year high, the socio-economic impact of the COVID-19 pandemic has hit the UK hard. While significant progress has now been made on the clinical side of the crisis, and the success of the vaccination programme is a cause for optimism, the impact on the economy will
The time for experimenting with artificial intelligence (AI) is over. In a COVID-19 climate, it is important to be able to quickly scale up analytical models to industrial processes. SAS believes the solution can be found in democratizing AI. Most manufacturing businesses have large amounts of data at their disposal.
Artificial intelligence (AI) is one of the most popular topics in the tech industry, along with IoT, cloud and blockchain, to mention just a few. Although it is a very promising technology, it is also connected with very high expectations, quite often beyond the capabilities that AI provides today. As
According to the Forbes and SAS panel of experts, the biggest technological revolution in humankind’s history is happening right now. To be a part of it, companies need to build their own sets of ethical artificial intelligence principles. Tackling the ethical issues is the key to successfully harnessing the incredible
We live in a data-driven world. With touchpoints rapidly multiplying, consumer data continues to increase in volume and complexity. Insights derived from these touchpoints are crucial to improving the context of customer experiences. Investments in digital transformation to achieve a 360-degree customer view are now a necessity. Businesses need to
Interview with VW: Patrick van der Smagt, director of the Volkswagen Group's Machine Learning Lab.