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Ever wonder why so many machine learning (ML) models never see the light of day? Despite their huge potential, only 32% of data scientists say their models usually get deployed. Even more shocking, 43% report that 80% or more of their models never make it into production. This means many businesses miss out on the full value of their AI projects. Imagine a retail company spending months developing a sophisticated customer recommendation system, only for it to never be implemented—losing out on p

Predictive analytics uses historical data and techniques like statistical modeling and machine learning to predict future outcomes. It provides accurate forecasts, helping organizations predict trends and behaviors from milliseconds to years ahead. The global predictive analytics market was valued at 14.71 billion U.S. dollars in 2023 and is projected to grow from 18.02 billion U.S. dollars in 2024 to 95.30 billion U.S. dollars by 2032, with a compound annual growth rate (CAGR) of 23.1% during

Computer vision (CV) is a part of artificial intelligence that enables computers to analyze and understand visual information, both images and videos. It goes beyond plain “seeing” an image, but teaches computers to make decisions based on what they see. The AI-driven computer vision market is experiencing rapid growth, rising from $22 billion in 2023 to an expected $50 billion by 2030, with a 21.4% CAGR from 2024 to 2030. This technology imitates human vision but works faster using sophisticate

Our team recently attended the 25th Interspeech Conference, held from September 1st to 5th on Kos Island, Greece. This year’s theme, "Speech and Beyond," highlighted new developments in speech technology, focusing on areas like healthcare diagnostics, virtual assistants, and even animal sound recognition. It was a great opportunity for experts worldwide to share their work and discuss the latest trends. Here are some of the key topics and insights we gathered from the event. A major topic at the

Voice biometry is changing the way businesses operate by using distinctive features of a person's voice, like pitch and rhythm, to confirm their identity. This technology, a central part of Voice AI, turns these voice characteristics into digital "voiceprints" that are used for secure authentication. Unlike traditional methods such as fingerprint or facial recognition, voice biometry can be used remotely with just standard microphones, making it both practical and non-intrusive. This technology

According to WEKA's 2023 Global Trends in AI Report, 69% of organizations now have AI projects up and running, and 28% are using AI across their whole business. This shows a big move from just trying out AI to making it a key part of how companies operate and succeed. However, this is just the beginning as the major point is not to have only AI but to have it work to your benefit. Organizations have to address various challenges such as the collection of data, hiring the right skills, and fittin

Imagine a classroom where each lesson seems tailor-made for you, the course curriculum adapts to your pace, the materials are selected according to your interests, and even your questions! Sounds futuristic? With the integration of AI power into traditional learning management systems (LMS), it’s already becoming a reality. With AI, an LMS becomes a full-fledged learning tool, offering exceptional learning experiences that even underachievers would be amazed by. Learn more about smart and incred

In San Francisco, a city known for tech innovation, the OpenAI Developer Conference was a major event for the AI world. This conference brought together experts, developers, and technology leaders. Leading the event were Sam Altman, the CEO of OpenAI known for pushing boundaries in AI research, and Satya Nadella, the CEO of Microsoft, whose company has been a key player in advancing AI technology. OpenAI, under Altman's leadership, has been at the forefront of AI development, sparking curiosity