futureanalytica

  National Science Day (NSD) is celebrated on 28th February in India to commemorate the discovery of the Raman Effect, which led to Sir C. V. Raman winning the Noble Prize. |  https://bit.ly/34NZ7WL

  Why is there a need to use Artificial Intelligence in the Banking Industry? The essential utilization of AI’s numerous innovations for instance  machine learning , deep learning, and natural language processing can drive significant outcomes for banks, from upgrading representative and client encounters to working on administrative center tasks. Below are listed some of the benefits that the banking industry can derive by incorporating artificial intelligence in its functioning: Improved Fraud Detection Mechanism One of the problems that need the most attention has been dealing with the fraud and scams that are committed by individuals. This is one pressing issue and has been successfully addressed by the innovative solutions backed by artificial intelligence. Organizations with great information have the option to effectively utilize  AI  in distinguishing misrepresentation. By a proper observation of the client practices and examples rather than explicit standard...

Meet our new Marketing member  Gautam Shetty , who enjoys painting and likes travelling. Welcome to  FutureAnalytica ’s team! We work together. We grow together. We are  #hiring   #greatplacetowork  |  https://bit.ly/31wxIa2  | 

  What is Data Visualization? Before understanding Data Visualization let us understand what does the term Data means and why it has so much relevance? The term Data means any information which can help us to analyze and, take decisions. For example, the government has to roll out a scheme for people living below the poverty line. In that case, if the government does not have adequate data then it will not be able to predict how much allocation of funds is to be distributed area-wise. Therefore, data would be the information of people having income below the poverty line. That is why data becomes an important asset in any field. Now, that the term data is clear let us try to understand what does data visualization means. Let’s continue with the same example. When the government is making the plan regarding the distribution of funds, and while tabulating the data, the officials start using graphs, pie charts to identify various states or cities where a population below the poverty l...

  Ethics forms a fundamental basis of our everyday functioning, and thus constitutes the need to identify where and how it can be worked upon. The popularity of  natural language processing applications  brings forth challenges that lead to dangers during the implementation and a need to revisit one’s ethical considerations. What is Natural Language Processing? Natural language processing (NLP), a field of  artificial intelligence (AI)  that handles the processing and analysis of large volumes of unstructured data, is a real game-changer. Machine learning (ML)  and deep learning with cognitive capabilities are the technologies of AI and, therefore, we see rapid evolution in NLP applications. NLP is a branch that is formed at the intersection of artificial intelligence, computational linguistics, and computer science. It aims to give computers the ability to understand texts and spoken words in a similar way to that of human beings. It leads to the developme...