At its annual strategic review, NASSCOM announced that India’s IT-BPM industry grew 9.2 percent in 2018-19, during which it created 170,000 new jobs across large and mid-sized enterprises. Most of the job creations happened in the field of emerging technologies such as Artificial Intelligence (AI), data analytics, and cybersecurity, as companies across the spectrum ramped up their investments in digital transformation and innovation.… Continue reading
Sentiment Analysis (SA) in business, also known as opinion mining (OM) is a process of identifying and cataloging a piece of text according to the tone conveyed by it. The text can be tweets, comments, feedback, news or random texts with positive, negative and neutral sentiments associated with them…
G-Square’s Fund Ranking Model
An investor seeking capital gain for lower risk will always turn towards Mutual Fund schemes as an investment option, reason being its diversification and professional management.… Continue reading
- The total investment made by venture capital investors in the Indian startups stood at $7.9 billion in 2018, the third highest tally of the decade. A report released by global audit firm KPMG said that the deal sizes in India grew considerably last year, a sign of increasing maturation of the India VC market.
Latest Happenings in Data Analytics, AI and Fintech world
- Lok Sabha election 2019 is likely to focus a lot on data & data analytics. BJP did lot of with its hi-tech election campaign in the general elections of 2014. Similarly, other parties too have understood the significance of data-driven elections in making major influences on the results and have started diversifying their outlook away from the traditional ways of electioneering.
Text analytics through Summariser
Introduction of Text summary:
Text summarization is the process of identifying the most important meaningful information in a text document and compressing them into a shorter version preserving its overall meanings. Text Summarization is based on advanced Natural language processing and Machine Learning Technologies.… Continue reading
USE CASE IN CREDIT RISK ANALYTICS
The appetite for credit in a developing country like India is quite immense. The growing need of the large consumer Indian population and the Small & Medium Enterprises business segments (SME) for growing business to the next level is being tapped by the Indian financial institutions space.… Continue reading
- Prime Minister Modi was the keynote speaker at the Singapore Fintech festival, the biggest event of its kind in the world — attended by both industry leaders and smaller start-ups. He mentioned that India is witnessing an explosion of financial technology (Fintech) innovation and enterprise, Prime Minister Narendra Modi told the world’s largest gathering of Fintech firms in Singapore on Wednesday.
One of the interesting aspect of NLP on text mining is Topic Modelling.
Topic modeling is automatically discovering the abstract “topics” that occur in a collection of documents. Quite recently, topic models are being widely used to identify topics in a text corpus.… Continue reading
- Google has recently decided to limit the degree to which mobile apps can access users’ call logs and texts having a huge impact on the various Ecommerce and Fintech companies. Google has thus restricted apps from taking undesired permissions that are not required for their functioning and thus users will not be forced to grant forced SMS permissions in every app.
Text analytics through Natural Language Processing (NLP)
“Computers are incredibly fast, accurate and stupid; humans are incredibly slow, inaccurate
and brilliant; together they are powerful beyond imagination.”
Data science and analytics has become imperative for every organization of every industry in the recent years.… Continue reading
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have penned an agreement that allows them to refer innovative financial technology (FinTech) companies between the two authorities, it was announced on Wednesday. The agreement centres on a referral mechanism that – in addition to referrals – is designed to help facilitate the sharing of information on financial sector innovation in the Middle East and Far Eastern markets.… Continue reading