How to Outsmart Competitors using Machine Learning

Peter Drucker once said that the true purpose of a business is to create and keep customers. To make customers see value and to keep them loyal to the brand, it is important to increase the perceived value of the brand’s offerings. Recognizing the value of these offerings enables retailers to guide consumers toward better, and sometimes, more expensive option …

Active Learning – A breather for the squeezed

Active Learning Blog - NextWealth

Missing the cold-war era big time! I can see that data scientists miss the space race of the Cold War big time! At least in the way that an unlimited budget was available to develop new technologies. Alas, today they need to walk a tight rope to produce models with high accuracy that remain within the budget!  Do not spray …

Data Privacy for AI and ML

data privacy blog image - NextWealth

In the battle between future markets and higher market shares, automated systems and artificial intelligence technology is what will decide the winner, taking them ahead of their competitors. The next decade in AI and ML is expected to turnover 21B Euros worldwide. However, the only possible impediment it needs to address is Data Privacy. As the usage becomes more wide …