Machine Learning – Enterprise Mobility, Artificial Intelligence, Cloud, IoT, Blockchain Solutions & Services | Fusion Informatics Limited https://www.fusioninformatics.com/blog Lets Transform Business for Tomorrow Tue, 09 Nov 2021 13:03:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.4 https://www.fusioninformatics.com/blog/wp-content/uploads/2014/02/favicon.png Machine Learning – Enterprise Mobility, Artificial Intelligence, Cloud, IoT, Blockchain Solutions & Services | Fusion Informatics Limited https://www.fusioninformatics.com/blog 32 32 How Predictive Analytics can Generate More Sales for Retailers? https://www.fusioninformatics.com/blog/how-predictive-analytics-can-generate-more-sales-for-retailers/ https://www.fusioninformatics.com/blog/how-predictive-analytics-can-generate-more-sales-for-retailers/#respond Tue, 09 Nov 2021 13:03:56 +0000 https://www.fusioninformatics.com/blog/?p=7504

Data is the most important asset of the retail industry. Data is useless if it does not help companies to make smarter decisions for business growth. As consumer behavior is evolving with time, it depends on how data are helping retail companies to get relevant business insights, improving customer experience leading to enhanced business outcomes. Predictive Analytics is the AI /ML digital tool that works on data to derive valuable insights and predictions, forecasting sales thereby helping retailers to plan ‘What Next’ moves. How Predictive Analytics can boost the retail industry? How is it helping retailers to generate sales and have a competitive edge in the market? We will discuss all these points in this blog today.

1. Product Demand Forecast

As a retailer, you want your business to expand and products to connect with your target audience. If you know what does your target audience demand and their preferences, your products will never be out of stock or understock, right? To keep your business running smoothly, predictive analytics helps to forecast the demand for exact products your target audience wants. The technology helps to ensure that you have enough items stocked to sell and can meet demands adequately and can predict your profitable months as well as sales deficit. It means predictive analytics helps retailers to assess demand and sales performances. Product performance can be gauged by indicators such as sales margins, the number of units sold besides other metrics. It helps to improve consumer engagement and satisfaction.

2. Pricing Forecast

Pricing forecasts is a major functionality of predictive analytics that uses real-time capabilities of machine learning, and data science technology, to bring out adequate answers to questions that as a retailer you’d like to know in advance. Few sample questions that predictive analytics can forecast regarding pricing elements are:

  • For maximizing sales what’s the right price point?
  • What should be the frequency for running price-based promotional activities?
  • What should be the optimal attainable price of a customer?
  • How the competitive pricing will impact sales?

Apart from the above factors, weather forecasting, real-time sales data also help to alter as well as induce the most perfect pricing part (best pricing ).

 3. Managing Inventory

As we have mentioned earlier, too, how predictive analytics helps in estimating product demand and what your target audience wants, it also helps towards managing your inventory properly and up to the mark. A poorly maintained inventory leads to a loss in sales. As a retailer, you will never like to hold on to those products that are not yielding sales. Moreover, you will always want to replenish stocks that your consumers want to buy. Predictive analytics helps to predict demand for products that help you to manage your inventory.

4.  Marketing Campaigns

As a retail business, you need to prioritize marketing campaigns from time to time.  Your business needs a powerful marketing plan that helps to boost your business potentials driving the best ROI. An inefficient marketing campaign management leads to a poor ROI because you cannot estimate the right budget and varied inaccurate calculations done on your part.AI-ML digital capabilities of predictive analytics help you to gain actionable marketing insights, and suggest you adopt individual campaigning for a specific target audience and be more budget efficient leading to maximum conversion of leads.

5.  In-Store Optimization

Predictive analytics helps in online monitoring of shopping activities, as well as in-store data analysis. Varied digital tools & technologies, IoT sensors, and surveillance cameras that are installed in retail stores, on product shelves, help to monitor the shopping activities of varied consumers. The technology helps you in the following ways:

  • You can identify your shoppers’ favorite routes throughout the retail floor
  • You can identify and distinguish popular, most searched products on varied shelves
  • You can count the total number  of visitors  in your shopping zone at different times per day
  • You can adequately calculate the average visit time of customers
  • You can genuinely monitor queues

Predictive analytics helps you to gather these valuable insights. Using these insights, you can configure store layouts, plan the schedules of your staff, can distinguish the ideal opening hours of your retail stores, reduce customers’ waiting time in queues, and increase the high level of security.

6.  Shopping Cart

 If you own an e-commerce retail store, you can leverage the massive capabilities of AI-ML-powered predictive analytics to optimize your online store, product categories as per existing online shopping carts of consumers. For instance, your customers while browsing your online shopping stores may come across products they like so much. They save them, add them to their shopping carts. When they don’t buy them,  predictive analytics tracks them and lets you know why they didn’t buy and how you should respond to this kind of situation in the future.

7. Social Media Marketing

Social media marketing, online advertising are important segments of retail marketing. As a retailer, you’d think social media marketing involves greater expenditure than offline advertising. But using predictive analytics, you can manage these upfront costs and invest in social channels where you gain the maximum outreach and visibility. Predictive analytics can help you maintain a strong social media presence. You don’t have to stress regarding unreasonable expenses because the digital tool helps you to invest smartly on those social channels where you get the maximum ROI and prospect of acquiring new customers.

Conclusion

Predictive Analytics can help to predict the future of your retail business. Whether you are an online retailer sharing an online marketplace with bigwigs or small start-ups in the offline retail space, predictive analytics helps you to extract valuable actionable insights for your business outcomes in the right direction. The aforementioned AI-ML-powered digital capabilities of predictive analytics are just a few significant use cases in the retail industry. There are many more benefits yet to unfold. Stay tuned to this space and we will have further elaboration on this topic with detailed analysis.

Are you a retailer in the e-commerce industry or a physical retail store and changing consumer behavior bothering you? Want to know how predictive analytics can help you solve this challenge and grow your retail business?? Reach us.

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Top 5 Use-Cases of AI and Machine Learning in the Fintech Industry https://www.fusioninformatics.com/blog/top-5-use-cases-of-ai-and-machine-learning-in-fintech-industries/ https://www.fusioninformatics.com/blog/top-5-use-cases-of-ai-and-machine-learning-in-fintech-industries/#respond Wed, 08 Jul 2020 03:30:00 +0000 https://www.fusioninformatics.com/blog/?p=6740

With the current situation, the Fintech domain is gaining significant traction from the market. The crisis created by the pandemic has effected a lot of companies, but they are adapting well by enabling trending technologies like Artificial Intelligence and Machine Learning into their systems. 

Since most of the systems are now moving towards more app-based processes, these technologies are opening gates to numerous opportunities for people interested in this domain. From SMEs to large-scaled Fintech companies- all are adopting these technologies into their systems. 

How can these AI and Machine Learning help Fintech Industries?

We know that early adopters of mainframe computers and relational databases have been Fintech companies. They were always keen to understand how technology can smoothly solve human problems, thus increasing the companies’ efficiency. These companies started adopting methods that included AI and Machine learning that was derived from various aspects of human intelligence. Varied, deep, and diverse datasets can be crunched easily by using these technologies. 

In the olden days, bankers used to assist customers better with their connections, but with digitalization, this personal touch has been lost. So, the main question here is, can technology bring back this personal touch? The answer to this is quite evident with the current advancements in AI and Machine Learning. These technologies can process large pieces of information about the customers that are practically impossible to do manually. This data that is retrieved can be used to provide better and suitable services or products to the customers. This will ensure that companies find whats right for their customers and gain customer loyalty. 

Top 6 Usecases of AI and Machine Learning in the Fintech Industry

We conducted in-depth research and jotted down the best five use cases of AI and Machine Learning in the Fintech Industry. 

1. Accurate and Improved Decision Making

As our world is quickly growing in the new technological ecosystem, it also becomes prone to several financial cybercrimes. So how do we deal with this? Thanks to AI and Machine Learning, companies can now secure their accounts and provide their users with a safe environment. When we talk about cybersecurity in Finance, we often come across cryptocurrency and blockchain concepts. However, we expect to incorporate Artificial Intelligence and Machine Learning into digital security. 

These algorithms enable us to detect any suspicious activity and also notify users regarding the same. They help us to monitor all sorts of patterns continuously and notify whenever there is anything unusual. This way, users can keep track of all the aspects, even if they aren’t available. These technologies also help us to identify any kind of illegal activity like money laundering or detect any corruption network in any institution. 

2. Fraud Detection and Security Management

Several analytics tools help us to collect and analyze data that is necessary for conviction. After this, AI tools learn and monitor a user’s behavior and pattern to identify any warning signs of fraud attempts. Machine Learning concepts can be adopted in different stages of the claims management system. Artificial Intelligence can be used to handle a massive pile of data in a short time. Thus it reduces the overall processing time. This results in better customer experience for the users. 

3. Automated Customer Care/Support

Chatbots are one of the most popular AI applications. They have started to receive considerable attention due to the involvement of Machine Learning. These chatbots can interact with customers at any given time and hence are quite handy. Fintech Industries use these bots to solve a significant number of customer complaints at the minimum expenditures. Since COVID-19 has given us the new normal of social distancing, Finance companies may soon adopt more of this technology to solve their customer problems. 

4. Insurance Management

Artificial Intelligence will automate the underwriting process and thus use more crude information to enhance customer decision making. This technology can help insurance management by providing automated agents that can help customers online and guide them with all the requirements. Usually, people opt for insurance when they have suffered a loss, and for a faster process, automatic underwriting can be used. For example, if you feel some treatments may be expensive for insurance, it is better to detect these risks for better prevention. These risks can be calculated by using a Machine learning algorithm that will consider historical data.

5. Predictive Analysis of Stocks

Predictive analysis can serve as a game-changer in various financial services that most affect business strategy, revenue collection, sales, and resource optimization of a finance company. It will help in enhancing different operations and refining internal processes, thus transcending all the competitors. This analysis can help in the calculation of credit scores and hence help in the prevention of bad loans.

Final Thoughts

The current situation has given us the opportunity to explore what technology is capable of. It is time that the Fintech Industry adopts these technologies and makes the best use of it in the near future. 

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Fusion Informatics partner with Jordan-based Company to launch Artificial Intelligence Services https://www.fusioninformatics.com/blog/fusion-informatics-partner-with-jordan-based-company-to-launch-artificial-intelligence-services/ https://www.fusioninformatics.com/blog/fusion-informatics-partner-with-jordan-based-company-to-launch-artificial-intelligence-services/#respond Tue, 02 Apr 2019 07:54:10 +0000 https://www.fusioninformatics.com/blog/?p=4791 Fusion Informatics partner with Jordan-based Company to launch Artificial Intelligence Services

A leading Software development company Fusion Informatics has partnered with Jordan-based Company TAG.ORG to launch artificial intelligence services and collaborating with developers to build reliable AI solutions that make significant impacts in social and economic business activities.

Artificial Intelligence is an advanced technology of next-generation business transformation that many of the enterprises are looking to adopt this technology to make business updated and better. Fusion Informatics help business to become AI-driven Company by leveraging artificial intelligence, machine learning, chatbots, natural language processing and deep learning technologies across their overall business.

We hold innovative ideas and visions to develop artificial intelligence strategies with international standards to help customers across the world. We have been collaborating with TAG.ORG to produce sustainable, advance and technological solutions to identify the business needs and help to resolve in the growth space.

The mission is to develop automated solutions, in distributed computing methods that drive meaningful insights in social, commercial, and technological advancements directed business to operate better. We understand that the partnership will allow both Fusion Informatics and TAG.ORG to improve their advanced solutions, reaching out to a wider market where AI generates vital collaborations.

Artificial Intelligence and Machine learning are an effective way to drive useful insights that drive business valve to get better decision-making results. Fusion Informatics accepts the challenges and we plan for the solutions make the betterment of our client’s business. We employ closely with our partner to make our solutions still more available to wider users across Jordan. These businesses can apply AI solutions to develop quick and quality machine learning models to make exact conclusions from hidden data.

Fusion Informatics partner with Jordan-based Company to launch Artificial Intelligence Services1

Amman – HE Dr. Talal Abu-Ghazaleh said, “we recognized that Fusion Informatics is achieving in delivering reliable AI solutions in the competitive market and we are thrilled about this partnership. Being a partner relationship as AI service providers we can make still more reliable, smarter and more useful for customers to their business. Therefore, we are an accurate match for our innovative platform. This is an extraordinary step in producing AI services available for every enterprise.”

Mr. Ashesh, CEO of Fusion Informatics, said, “We support Talal Abu-Ghazaleh intend to offer high-level technology available and simple to apply. We are excited about the partnership with Jordan-based Company that we are going to spread the benefits of artificial intelligence to more enterprises. Our relationship enables us to leverage the combined AI solutions to solve complex business problems for our clients in Jordan and the region across all business verticals.

About Fusion Informatics

Founded in 2000, Fusion Informatics has been developing top-notch solutions such as artificial intelligence, machine learning and enterprise mobile applications for more than 18 years.

We believe in developing excellent solutions to our business clients that provide effective results. We develop AI applications that enable our customer business to deliver their predictive analytics reports help to achieve goals in much less time and with lower risk.

For more information, Visit- https://www.fusioninformatics.com

About Abu-Ghazaleh Global

Founded in 1972, TAG. Global is a world’s one of the biggest professional and educational services providing organization for various industries. The company achieves its services by utilizing high-quality models in more than 100 locations globally in Arab countries, North America, Africa, Europe, and Asia.

With more than 100 offices worldwide and non-exclusive vital alliance arrangements with multiple networks and individual firms, thus allowing it to take a firm best suited to its customers’ requirements in practically every country in the earth.

For More Information Visit- www.tagorg.com

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Top 4 Powerful Ways Artificial Intelligence Boosts E-commerce Industry https://www.fusioninformatics.com/blog/top-4-powerful-ways-artificial-intelligence-boosts-e-commerce-industry/ https://www.fusioninformatics.com/blog/top-4-powerful-ways-artificial-intelligence-boosts-e-commerce-industry/#respond Fri, 18 Jan 2019 06:56:40 +0000 https://www.fusioninformatics.com/blog/?p=4538 Top 4 Powerful Ways Artificial Intelligence Boosts E-commerce Industry

Advanced Technology has remodeled in all aspects of our business today, from the process we operate in the direction, we interact with customers and in the system, we utilize production every stage technology is operating and making a grand success. While almost every ingredient of our business now depends on technology, maybe no action has been considerably more done than the idea we buy products and services online. Mobile devices have produced a pleasant buying experience, and e-commerce companies like Amazon, Flipkart, Myntra and e-bay have essentially transformed the approach we think about business and commerce that serve us.

Latest technologies like Artificial Intelligence making a huge sense of manufacturing products to delivering product and interacting with customers the way it operates in every aspect in all divisions that brings valve for both customers and companies. With Chatbot technologies that bring customers, close at an accelerated speed with companies and increasing productivity and sales. The e-commerce expected to touch 20% of all retail transactions by 2020, retailers. The advanced technologies like machine learning, neural networks, and deep learning encourage huge traffic and drive more sales.

At Fusion Informatics, we serve with world’s top developers, produced many Artificial Intelligence applications for retailers, and made them successful in crowd competition and We spend quite a bit of time analyzing customer’s determinations and industry technology to serve solid our customers and development solutions for business challenges. Within our innovations, we have made our company as best among the top AI development companies in Dubai, UAE and aiming to serve with best AI solutions that admitting to driving engagement and revenue

One of the main reason e-commerce has developed is due to mobile that has shown tremendous growth. In fact, according to recent survey shows, m-commerce will strike an 80% estimated sales, by 2020. The customers more preferred to buy the products through online, making a purchase; it is transparent that there has been a huge fragmentation of the shopping experience via online. Customers are involved with companies across a developing set of social media channels. Above all different, customers are finding influence at varying times, and want to reduce the way from discovery to buy.

How Artificial Intelligence Is Improving Shopping

Top-4-Powerful-Ways-Artificial intelligence

The intelligence systems and methods in the e-commerce business have completely changed the landscape. Digital Marketing has become smarter and convenient for companies to target a unique audience with the help of Artificial Intelligence.

The technology helps business to target exact users and provide the best shopping experience that stimulates with tailor-made suggestions and smooth transaction, and AI is the incentive in the center driving the sale. On the business side, AI encourages income growth by enabling us to involve existing consumers in ways that are more important. Through this type of innovations on targeting and cataloging well organized, that serves customers as well companies with driving engagement on their stores.

Artificial Intelligence is developing the digital shopping journey of customers and it illustrates the products in detail.

Chatbots

The Chatbot technology helps to communicate with customers in buying journey and complete the process of buyer purchases. This chatbot helps and offer product suggestions and provide offers 24/7 customer support. Chatbots employ in the social media channels like a Facebook messenger to provide customer goods recommendations based on their interests and account history. It can also allow customers to finish their shopping from the chat. For many big companies in e-commerce industries that are unable to handle more customers at a time, chatbot is fitted to handle multiple conversations with various customers at a time. Chatbots have become automated personal support for filling the gap of personalization that customers line in online buying.

Personalized Experience

Applying AI in e-commerce for Personalization has implied a key purchasing technique to quite retain customers, boost loyalty and develop a progressive and extensive brand association. The technology helps companies to send emails and product recommendations based on static demographic data and browsing the history of users. It displays the tailoring content, products, and services for every user, which is the best way to engage over the product and maintains loyalty. Customers prefer with businesses that respond as early as possible that manage the reliable relationship with users. The Artificial Intelligence helps to display the product information about shopping is being equipped to browse the ways, exploring comparable products until something actual. Artificial Intelligence helps e-commerce companies to take the imagination of customers in which they prefer to buy by simplifying the search process.

Analytics

Artificial Intelligence gives companies obtain to data about a customer at three various steps of the transaction. Companies now can apply the latest technology such as Artificial Intelligence that has the capability to receive information about a consumer before the buying the products and can obtain data after purchase, where this customer data is important for businesses for analytics report and enhance the customer experience by analyzing. This has benefits for companies to create and develop a highly unique, customized experience for each purchaser, reducing unrelated information and bestowing the customer with data that client information has already exposed them to be absorbed in.

The changes in customer data with past buying reports may influence in showing new products and made the customers involve in the displayed advertising. The changes will assure that customers will no longer be allowed products and services that are irrelevant. AI is making extensive renovations to the way companies deal with their consumers, growing high-speed access to data and providing the employees’ ability to conventional use.

Review Tackling

AI has the ability to divide the good reviews from the bad through model verification that helps learning performances from the former issues. Machine Learning Algorithms are devised around these models that support in wiping out the wrong reviews from the truth. However, there are users with a hateful plan who can create false reviews and ratings but by implementing AI to help to solve the issues. Human intelligence coupled with AI is the best solution to control the scope of misinformation

Conclusion

With the increasing growth of the AI in this e-commerce industry, it will be extremely important that e-commerce will become a more vital, computerized and user-friendly experience for customers. Artificial Intelligence technology serves as a great platform for companies and customers. It helps to boost productivity and sales. AI will vitally display about the retail expertise, personalized fabrications of marketing, new goods and other services with a deeply interactive activity overall.

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The Role of Artificial Intelligence Technology in Healthcare https://www.fusioninformatics.com/blog/the-role-of-artificial-intelligence-technology-in-healthcare/ https://www.fusioninformatics.com/blog/the-role-of-artificial-intelligence-technology-in-healthcare/#respond Wed, 28 Nov 2018 12:39:05 +0000 https://www.fusioninformatics.com/blog/?p=4384 The Role of Artificial Intelligence Technology in Healthcare

Artificial intelligence (AI) intends to simulate human uses. It is producing a standard transfer to health care, powered by developing availability of healthcare data and accelerated development of analytics systems. We view the modern station of AI uses in healthcare and consider its tomorrow. AI can apply to different kinds of healthcare data. Popular AI methods include machine-learning techniques for structured data, such as the traditional patron vector machine and neural interface, and advanced deep learning, as well as natural language processing of unstructured data.

The health sector is ready for many major transformations. From minor treatment to cancer surgery to risk assessment, there are many endless opportunities to implement advanced technology for obtaining more precise and effective changes at an exact division in a patient’s care. Major disease operations that employ AI tools involve cancer, neurology, and cardiology. We then evaluate in numerous details the AI treatments in stroke, in the three major areas of early detection and investigation, operation, as well as outcome prophecy and prediction evaluation.

Artificial Intelligence offers a large number of benefits compared to traditional methods. The main advantage of Artificial Intelligence in Medical is decision-making techniques, which help to take the exact and accurate decision by analyzing reports of patient records, as they cooperate with exercise data, letting humans gain exceptional insights into diagnostics, care procedures, action unpredictability, and patient conclusions.

In the health sector, mainly Artificial Intelligence applied I computer system to execute medical operations and suggest the data for treatments. Artificial Intelligence and machine learning have capable of identifying an exact data set and has widely spread over the entire Industry to obtain its effectiveness. The purpose of this superior concern is to determine the possibility of several intellectual methods abused in medical informatics tools and applications. Proposals for this distinct issue must be a unique work that contracts in some method with topics related to medical artificial intelligence, proficient systems, data excavating, machine learning, and image treating.

How artificial intelligence works in the Health Sector?

Every day in the healthcare industry produces an enormous amount of data of patient’s records and reports. To maintain and manage this large quantity of data Artificial Intelligence is applied. The big data and Internet of Things are strongly approached to maintain recordkeeping in the health care industry. With Artificial Intelligence Development, all of these data managings can be inserted into algorithms for machine learning to predicting analysis report in healthcare.

The computer ability to insert, AI algorithms independently solve many problems with explicit programs in detail. Artificial Intelligence drives computer intelligence by inserting the conceptual structure for processing input and development decisions based on producing data. An Artificial Intelligence program accepts the data and analyzes it.

Let’s consider a patient’s health study, for example. When a doctor is diagnosing a case, they will hold to study at indications, patient records, environmental and hereditary factors to evaluate what directed to sickness. It is not difficult to think that machine and deep learning could treat all of these features and come up with potential diagnoses within moments. Furthermore, since comprehensive data control and records are probable to hold on data, possibly all a doctor has to do is register the patient’s name into a machine. This is just a somewhat generic case of how the abilities of AI can modify health care.

Advantages of Artificial Intelligence in Healthcare

Accurate Decisions– Some patient conditions demand instant action otherwise it will lead to severe. Like this case Artificial Intelligence, the neural network has the ability to look after the emergency condition to treat instantly by analyzing previous cases. After some cases or research on artificial neural networks, researchers assume that it is exactly determined that these systems can diagnose quick & accurate some other conditions include all the emergency health conditions.

More effective diagnosis– Constant, uncomplicated duties such as the study of CT scans and positive tests can be executed more precisely by AI-enabled systems, decreasing physician oversight and allowing early diagnosis and interferences before conditions become severe. The health industry has developed AI algorithms that are both or more reliable than humans when it happens to the immediate detection of conditions such as, for example, coronary aneurysms, brain drains, malignant tissue in breast mammography and osteoporosis.

Virtual Health Assistants – It can proactively treat patients in a number of systems. For one, VHA’s can support dementia sufferers stay on course with their designated medicines by transferring suggestions. Moreover, virtual health aides may give input on strategies for common medical diseases or present procedures for cases with special diet limitations. It can also control patients based on data, enable doctors to engage with victims and medicines to suggest patients of medicine refills and dates, and even promote defensive health screenings.

Reduce Human mistakes: Service of a doctor is very delicate, they have to consider care of all patients. In a day, they can understand many cases, which can be very exhausting because it needs study and observation of the patient. Sometimes due to an absence of activeness, the human mistake may abuse the patient protection. To defeat this AI as an inspector will support doctors by reducing human failure & remove them of tedious & time-consuming tasks.

Cost Reduction: With the emerging technologies, including artificial intelligence, the victim can perceive doctor support without encouraging hospitals/clinics, which appear in cost-cutting. AI assistants present online care & assist victims to add their data more regularly via online medical documents etc.

Advancement in treatments– AI is driving progress in healthcare operations, such as developing the business of medical plans, explaining data to provide helpful treatment methods, and monitoring methods. AI has the intelligence for immediate and more precision recognition symptoms of disease in medical models, like MRI, CT scans, ultrasound, and x-rays, and hence allows quicker diagnostics reducing the time patients wait for a diagnosis from weeks to small hours and stimulating the initiation of treatment options.

Conclusion –

AI is growing technology in diverse areas. AI has the opportunity to have a large and accurate impact on doctors and patients in healthcare. Because of the capability to aggregate and examine a large amount of different data, AI could generate significantly quicker and more precise diagnoses for a wider section of the population. People without access to highly functional health care could obtain the advantage of that expertise through AI. Healthcare costs could probably drop due to advanced and more reliable diagnoses. Artificial Intelligence is well verified, doctors will have to proceed to apply their practice and expertise to confirm that artificial intelligence is allowing the precise diagnoses and the course of the medical procedure.

At Fusion Informatics, We are expertise to help your businesses by providing Artificial Intelligence-based solutions according to your niche market. Fusion Informatics is a leading mobile app development company Dubai provides the best assistance for your concern

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How AI Transforms the Future of Trading https://www.fusioninformatics.com/blog/how-ai-transforms-the-future-of-trading/ https://www.fusioninformatics.com/blog/how-ai-transforms-the-future-of-trading/#comments Mon, 19 Nov 2018 10:47:58 +0000 https://www.fusioninformatics.com/blog/?p=4338 AI-Transforms-the-Future-of-Trading-1

What is an Algorithm?

An Algorithm is a set of instructions (controls) given to an AI program to read and learn on its own to use or respond deliver when specified events happen. These Algorithms connected to generate computer software or applications to perform

Advancement of technology is been providing a huge opportunity for people that were ready to benefit from them. Before decade, buying and selling shares are an inconvenient process and it is available only for a few people. Nowadays, computers and the internet have become more affordable across the world, so there are huge possibilities for every one can buy and sell stocks easily and quickly within simple clicks.

What is Algorithm Trading?

Algorithm trading is a system of trading which provide transactions, decision making in the financial markets using advanced mathematical tools and techniques. It utilizes most advanced programming methods for making decisions and transactions.

The strict rules developed to determine the optimal time to place an order that would cause the least amount of impact on trade price. The large blocks of shares purchased by dividing large shares blocks into smaller blocks by allowing complex algorithms to decide when smaller blocks have to purchase. In this type of system, human interference eliminated and made a decision fast and accurate by the system itself. And even helps to spot the huge possibilities to track the profit in the market.

In the commercial markets, there are almost as many selling and buying stock plans, as there are investors and tradesmen. The exchanges are more accessible electronically; it is creating more possibilities for the growth of trading operations. In this Algorithm trading technology, the computer can decide on your behalf and able to sell and buy stocks. By using advanced high-level alphanumerical models can deliver decisions and actions in the financial exchanges. Many companies are implementing this technology, especially in Investment banks.

Algorithmic Trading Strategies

There many strategies which look safe and constant profits, But algorithmic trading plans may be perfect.it will eliminate human interference and draw in a lot of speed and strength based roll in your costs. The Algo strategies help to identify a large number of changes happen in the market that can benefit from. Here are some Strategies

  • Momentum Investing -This strategy is strongly dependent on the drive in the business. It is a positive appeal and a timeless motion and helps to increase the success rate and efficiency. It helps traders in the prospect of market leaning that intimates vital action.
  • Statistical Arbitrage: These strategies aim to recognize cost differentials between devices, quoted in various markets or within assets, which distribute known and predictable connections with each other. Arbitrage plans seek to employ mispricing in these tools, be that over or under judgment.
  • Performance-Based Strategies-This type of algorithmic trading strategy described to execution-based plans. Institutional investors will employ these types of strategies, they execute when producing large bulk purchases. These types of strategies use different techniques in order to obtain the most solid investment possible.

How it helps for Successful trading strategies

The programmed method of Algo trading has a predefined set of the process applied to buy and sell stocks accurately in a successful manner. The main advantage of Algo trading is a speed and an automated system can develop decisions based on market information received electronically. This decision is performed automatically.

Investors have the additional benefit of the activity with which automatic algorithmic trading applications can make conclusions. When business data collected electronically, trading decisions are performed automatically. With the help of this strategy, arrangements, and procedures started before individual traders even informed the data. This creates part of the great competing edge that boundary stocks and related dealers can have above different investors.

Effective use of AI for algorithmic trading

The Artificial Intelligence (AI) application for trading on digital currency transactions is a popular method that has instantly increased throughout the system. The Advanced Artificial Intelligence is expanding in all the industries. In AI algorithms, neural structures are the foundation for system and services are prepared within that in an easy method. In the machine learning, artificial neural systems create a domestic of learning models, formed akin biotic neural complexes. The Artificial Intelligence impacting Algo Trading in multiple strategies with a combination of machine learning, deep learning, neural networks and linear deteriorations for optimizing algorithms in the system. This is the strategies perform in a part of investment approach.

An algorithm clearly transfers for a set of actions to identify figures in real-time business data to identify buying opportunities. Generally, financial firms would benefit a great number of various traders manually carry out the method of developing trading algorithms. However, with the advanced technologies possible now, it is a much quicker process to develop trading algorithms and put them to apply.

At their core, these are arrangement system is developed that send and receive communications to each other and have alphanumeric balance. This makes neural networks easygoing to participation and adept in learning. Hence, the systems built upon neural links are constantly adjusting to the moving conditions in real time. The advanced Machine learning and AI provide many benefits of traditional Algo systems.

AI performs a real difference in commercial trading by opening relevant data and producing affordable and readily accessible devices that benefit everyone, not just corporate. The purchase conclusions made by AI will be added, reliable and honestly better than made by humans.

Benefits of Artificial Intelligence in the Trading

  • Through automation, it helps to accelerate automate effective algorithms for trading strategies
  • It helps to monitor and analyze the markets and respond quickly with a huge number of the markets division
  • The AI offers the ability to find the associations based historical information for identifying the trends to develop
  • The automation of Artificial Intelligence algorithms helps traders to adopt the trend instantly for development.
  • It helps to increase the more opportunities in the number of marketers area to perform effectively
  • It helps to automate the process based on the others are manually performing
  • Through Artificial Intelligence impact of Algo trading, we can achieve competitive advantage
  • It helps to benefit changes in trading real-time with other competitors are standing to transform into profits.

Conclusion

An Automated trading algorithms system developed with Artificial Intelligence (AI) has distributed their approach into the commercial world quicker than the marketer expected. AI-driven investment platforms have attracted investors to implement by ensuring them of secure, stable returns. Simply, this made people conclude that AI is the future of trading. Now the world of trading has emerged to leverage technology to build multiple benefits from it. AI can help with data analytics and insights for powerful resources in the area to create alpha and decrease costs. These technologies have developed across the fields of trade strategy operations, and customer commitment.

Fusion Informatics has experience developing algorithmic trading software for hedge stocks, and trading firms. We develop platforms with the largest features fits in the industry including strategy development.

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Artificial Intelligence Impacts on Next-Gen Digital Commerce https://www.fusioninformatics.com/blog/artificial-intelligence-impacts-on-next-gen-digital-commerce/ https://www.fusioninformatics.com/blog/artificial-intelligence-impacts-on-next-gen-digital-commerce/#comments Tue, 30 Oct 2018 10:57:41 +0000 https://www.fusioninformatics.com/blog/?p=4281 Artificial Intelligence Impacts on Next-Gen Digital Commerce

Digital commerce (D commerce) is a sort of e-commerce where companies used to send and receive activities digitally. It is a process of activity done by purchasing and selling goods and services through online. It includes control of digital marketing technology, such as digital advertisements, email, mobile and social media channels, along with data-driven analytics and digital content (documents, papers, and bills).which helps to produce commerce objectives, such as income and profits. And helps to get the insights of user purchasing behavior, maintenance, and user experience at every point during the customer-purchasing journey.

The impact of artificial intelligence (AI) in digital commerce generally deemed to the way of success. Artificial Intelligence revolution is in progress and utilized almost every business by at least 70 percent in digital commerce According to the research report, and possible to cross the mentioned percentage within 2021.

Digital Commerce is developing and growing at a fast phase. Marketers can generate distinctive ads and custom-made mails for each specific consumer in real-time by leveraging and controlling artificial intelligence and machine learning technologies. Investigating each customer behavior to point out the which customer can return back and purchase the goods and services based on the customer analytics behavior report and can target the exact audience to show ads and send individual mails to them.

Transformation of digitalization in commerce, with the help of AI and Machine Learning we can drive user behavior insights and enable marketers to collaborate across various departments and can be responsive and creative promotions for selected users based on shopping behavior. This advancement made rapid changes in the market more competitive and increasing the customer experience making significant changes in business and driving sales of digital commerce business to the next level. This new digital technology can renovate their current money commerce, driving commercial growth to accurately update for shoppers and stay ahead of the competitors. Here are some departments how AI will affect to grow digital commerce industry

AI Predicting customers want                           

Today customer is surveying in single platforms such as social media. Where it will be helpful for companies to target audience with the help of tools to engage legacy and feel instantly what they require to purchase. AI to affect the customer experience, reports need to deliver in the instant through the customer’s chosen present Ads and emails. With the help of insights, we can make more key elements of customer engagement.

Artificial intelligence can implement effectively to deliver smart, appropriate data on customer involvement on the topic of customer trip of shopping. This will product in re-imaginary customer involvements and end-to-end purchaser endorsement that is combined and more individual so that they impressive more normal for customers.

Artificial Intelligence is an innovative creature in Customer. Already many other industries are benefiting from implementing this technology

Natural product intelligence

Machine learning is also famous for categorizing goods. Before, businesses would send out bulky product records that made it tough for customers to catch what they were viewing for. At present with the help of Machine Learning algorithms, it can present exact product catalogs to exact customers.It will be intelligent to upload photos of goods that is alike to what they looking to an acquisition. Through AI, a website will be intelligent to investigate the pictures and create a catalog of offers based on the uploaded pictures.

AI-infused applications

Applications that adjust and read as per e data them the method will present the customer, product and service insights required to make valid decisions across the industry. Adaptive smart applications will propose at personalized Ads based on suggestions and procedures that the system supports for individual Customers, working on customer data to enhance the goods/service development and stimulate delivery times, and identify the fraud and prevent security problems across customer reports

NLP (Natural Language Process) effects

Applying NLP to explore can be especially important because it changes the focus from keywords to exact meaning, enabling individuals to be people while a machine performs the work of a particular, intent-based analysis. When employed for text-based e-commerce research, the NLP abilities can play an important role in building the kind of frictionless, seamless customer communications that encourage digital commerce progress to enhance user experience.

Chatbots and Virtual Assistants

Chatbots might really be the latest solution for the customer support sorrows. The advanced chatbots are capable to interact with consumer databases and exact aspects of a customer and answer in the most relevant and personalized process in real-time.

Smart chatbots and virtual assistants are empowering online customers to contract with their customers on a profound level.  Online Chatbots and virtual assistants have the advantage of that data to implement an extra user experience

Conclusion

In conclusion, that AI is on the rise in the commerce business; however, it improved by enhancing many departments. Ecommerce business continues to develop with Artificial Intelligence devices to great extent in online business demand. The Advance Artificial Intelligence transformation in industries used to develop in purchases and sales with the exact database. Companies can easily analyze the AI insights and help to obtain this information is a significant factor in maximizing Income. The decision-making method will additionally see a radical transformation in the instant future. The technology that currently lives relies on deep-neural profits and millions of data objects

We understand, that Artificial Intelligence in digital commerce will affect transactions, customer experience, happiness, performance and many more in the customers buying journey. AI is improving the way customers buy and sell online.

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The World Changing On Two Letter Acronyms – AI/VR/AR/ML https://www.fusioninformatics.com/blog/the-world-changing-on-two-letter-acronyms-ai-vr-ar-ml/ https://www.fusioninformatics.com/blog/the-world-changing-on-two-letter-acronyms-ai-vr-ar-ml/#respond Mon, 16 Jul 2018 10:48:19 +0000 https://www.fusioninformatics.com/blog/?p=3872 AI-VR-AR-ML

In this digital era, the terms like Virtual Reality, Augmented Reality, Artificial Intelligence, and Machine Learning are thrown in more often. These four two letter acronyms are the futuristic technologies that are being used in the development of lots of tech products. Most of us don’t know the real meaning of these terms. Though, all four have brought some huge changes in the world of technology, the question “Which Technology can pave the way for the future” has been nagging our minds for a long time. Hope this article gives you a clear idea of how these technologies work and aid you understand their contribution to various fields.

The ‘big four’ are:

  • AI – Artificial Intelligence
  • ML – Machine Learning
  • AR – Augmented Reality
  • VR – Virtual Reality

Artificial Intelligence (AI)

Let us discuss about one of the revolutionary world changing term Artificial Intelligence. The term coined by John McCarthy is considered the father of AI  in 1955. In fact, AI is the big umbrella under which machine learning and deep learning which are being used for various applications in the market. Deep learning is the latest innovation in AI. AI has a gigantic effect on your life, whether you’re aware of it or not, and its influence is likely to grow in the coming years.

What Are The Uses of AI?

Today AI is ubiquitous, used to recommend what you should buy next online, to recognize your voice and understand what you say to virtual assistants such as Amazon’s Alexa and Apple’s Siri, to recognise who and what is in a photo, to spot spam, or detect credit card fraud etc.

A website like Amazon.com uses AI to suggest products that you could like. Facebook tells you whom you could know and want to be friends with. iOS’s Siri, and Windows Mobiles’ Cortana are all intelligent digital personal assistants which help us to find handy information when you ask for it using your voice; you can say “Where’s the nearest Coffee shop?”, “What’s on my schedule today?”, “Remind me to call John at seven o’clock,” and the assistant will respond by getting information, communicating information from your phone, or sending commands to other apps. Siri completes your tasks. Google lists search results based on your location. At the start of this year, the Washington Post reported  an algorithm that was developed by Google to potentially let self-driving cars learn to drive in the same way that humans do, through experience. These programs are all active applications of AI.

Microsoft says that Cortana “continually learns about its user” and that it will ultimately develop the skill to anticipate users’ needs. Virtual personal assistants process an enormous amount of data from a variety of sources to learn about users and be more active in helping them consolidate and track their information.

Many smart home devices now include the ability to learn your behaviour patterns and help you save money by adjusting the settings on your thermostat or other appliances in an effort to increase convenience and save energy. AI is everywhere, and it’s making a huge difference in our lives every day.

Machine Learning (ML)

Now let’s see “what is Machine Learning?”, “The use of Machine leaning” and “how does it work in our day today life?”.

Machine learning is a similar concept of AI. The term machine learning was coined by Arthur Samuel in 1959. Machine Learning is a division of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention. Machine learning makes use of algorithms to build analytical models, assisting computers “learn” from data.

Detection of network intruders working towards a data breach, email filtering, optical character recognition,  and computer vision are all ML applications.  Machine learning is so ubiquitous today. Many researchers also think that it is the best way to make progress towards human-level AI.

AI, as the idea that machines can act intelligently, is an extensive concept. Machine learning is an idea that machines should be able to learn themselves to get access to enough data. This might sound like the territory of geeks, but it could also be a way to deliver personalised recommendations and solutions in the future.

Augmented Reality (AR) & Virtual Reality

Tim Cook, CEO, Apple said “I’m excited about Augmented Reality because unlike Virtual Reality which closes the world out, AR allows individuals to be present in the world but hopefully allows an improvement on what’s happening presently… That has resonance.”

AR and VR are very popular in these centuries. Bu the terms can be confusing. Sometimes few think AR and VR are but same.

Let us discuss about importance of AR and VR as well as how does they influenced our day to day life? Augmented reality (AR) is a technology that widens our physical world, merging layers of digital information with the user’s experience in real time. It is Boeing researcher Thomas Caudell who first coined the term Augmented Reality in 1990.

Virtual Reality (VR), by use of computer modelling and simulation, connects the user with an artificial three-dimensional (3-D) visual. In 1987, Jaron Lanier used the term ‘Virtual reality’ for the first time.

How do Augmented and Virtual Realities Differ? Virtual reality provides a digital rebirth of a real-life pulses, while augmented reality delivers virtual elements as a connect to the real world. Augmented reality is being used more and more in mobile devices such as laptops, smart phones, and tablets to change how the real world and digital images, graphics intersect and interact. Whereas in Virtual Reality is usually brought to the user through a head-mounted, or hand-held controller. This equipment establishes a connect between people and virtual reality, allows both to control and navigate their actions in an environment meant to simulate the real-time world.

Let us see, what are the main similarities between AR and VR? In terms of technology, they each exist to serve the user with an enhanced or enriched experience.

With virtual reality, you can swim with sharks. And with augmented reality, you feel a shark coming out of your screen.

When more freedom and promises are made possible for marketers because it does not need to be a head-mounted display.

Virtual Reality and Augmented Reality are the key examples of experiences and interactions enabled by a deep immersion into a simulated land for entertainment and play, or to add a new approach of interaction between digital devices and the real world.

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Machine Learning, the New Business Intelligence: https://www.fusioninformatics.com/blog/machine-learning-business-intelligence/ https://www.fusioninformatics.com/blog/machine-learning-business-intelligence/#respond Thu, 01 Feb 2018 04:30:07 +0000 https://www.fusioninformatics.com/blog/?p=3748

It’s 2018, there’s no doubt about the fact that the world is aware of the wonders one can of do with Artificial Intelligence and Machine Learning.We are living in exciting and innovative times with futuristic technology literally at our fingertips.

How machine learning can help ones business is the question that is on every entrepreneur’s mind. We’ve got to the stage where we take intelligent machines for granted. We trust them to carry out complex tasks requiring extreme precision, speed, and accuracy – from pacemakers to auto-pilots. But while autonomous cars get all the headlines, it’s actually many other industries that may feel the greatest impact of the new tech. So,it’s very intriguing to learn howmachine learning improve businesses intelligence.

Put simply, machine learning is about understanding data and statistics. It’s a technical process where computer algorithms find patterns in data, then perform functions – like improving the core functionality of existing software and analytic, uncovering previously inaccessible insights hidden in large data sets unstructured data formats, and taking over tasks like image recognition, text analysis, and repetitive knowledge work. The potential use cases are seemingly endless, from supply chain and risk detection to logistics and technical support to behavioural analysis and customer support.

Businesses can also use machine learning to up-sell the right product, to the right customer, at the right time. In 2018, marketers will continue to rely on machine learning to understand open rates when it comes to email– so you know exactly when to send your next campaign.

Retail companies are also tracking what ads or images you’re most likely to stop scrolling on, in order to target you with specific content. Machine learning is applied to reduce the risk of credit fraud in small businesses. Machines learn from historical datasets that contain fraudulent transactions and can identify patterns that represent a typical fraudulent transaction.

The value that machine learning can deliver will be dependent on the degree to which these systems can deal with structured and unstructured data and its quality. Similarly, Chatbots can also help achieve a faster customer service resolution, as well as provide quick histories of each customer for impeccable customer service.

Consequently, machines will not eliminate human intervention in decision making. Machines will simply change the nature and timing of our intervention. A machine self-learns so that the algorithms can predict accurately. However, final decisions have to be taken by living, breathing, empathetic entities.

To know more, Please Visit us.

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Machine Learning a Catalyst for Enterprise Productivity https://www.fusioninformatics.com/blog/machine-learning-catalyst-enterprise-productivity/ https://www.fusioninformatics.com/blog/machine-learning-catalyst-enterprise-productivity/#respond Fri, 29 Dec 2017 07:33:26 +0000 https://www.fusioninformatics.com/blog/?p=3734 What is that one thing that every enterprise strives to achieve?

It’s “Productivity”.

With the advancements in the technology, it’s quite evident that automation and artificial intelligence will continue to affect enterprise’ growth in a big way. Machine learning which fall under the umbrella of artificial intelligence (AI), has advanced rapidly over the decade and has become more accessible for enterprises to adopt. It won’t be wrong to say that machine learning will dramatically change the way enterprises do business.

The fascinating part about Machine learning is the fact that machines can learn features freely, precisely and in most of the cases large quantities of data can be introduced to ML Model which can prompt them to take independent decisions.

As computer machines are increasingly becoming smarter and capable of self learning, reasoning and determining the best course of action in real time, enterprises are poised to gain sustainable competitive advantage but researchers consider that Machine learning is still at nascent stage and its adoption among SME’s will take a little more time than expected.

So the million dollar question that keeps ticking in our mind is “In near future, will the evolution of Machine Learning replace human intervention in enterprises for decision making”? The answer to this question is quite tricky. Many experts believe that business decisions are not merely about evaluating options and choosing one but these decisions also require ethics and consideration of other intangibles that humans are accounted for. A balance can be created between humans and machines (AI) where humans can instruct computer to evaluate options and suggest for best possible outcomes for making a decision. This type of cooperation can take any enterprise to the next level of productivity.

Need help to know how Machine Learning can transform your business?

Please Get in Touch with our AI experts.

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