Outlook for 2022 & going forward – AI, ML, Fintech World
AI, ML & Data Analytics trends
- Some interesting Technology trends which have bearing on the AI impact for AI & ML driven Data Analytics practices. This is per the latest Gartner Report on Top Technology Trends for 2022:
- By 2025, cloud-native platforms will serve as the foundation for more than 95% of new digital initiatives, up from less than 40% in 2021
- By 2023, more than a third of large organizations will have analysts practicing decision intelligence including decision modeling
- By 2025, the 10% of enterprises that establish AI engineering best practices will generate at least three times more value from their AI efforts than the 90% of enterprises that do not.
Finalytica Dec 2021:Persistency Analytics solution for a Large Life Insurance Company
BACKGROUND
Life Insurance companies are usually looking for innovative solutions to manage their persistency business through the power of analytics to improve their persistency. They also need a user-friendly cloud-based reporting solution for Persistency tracking and enhancement.
Let’s discuss one such use case for the Persistency.… Continue reading
Finalytica Dec 2021: Latest Happenings in AI and Analytics
- According to a latest Gartner report, Indian Corporates are expected to spend a total of $101.8 billion on Information technology (IT) in 2022 to support new IT projects. This marks a 7% increase in IT spending as compared to 2021, which saw India spend $95.1 billion on IT services, the report released on Wednesday said.
Finalytica Nov 2021: Experiential learning
Introduction
Systematic Investment Plans in Indian Mutual fund industry is an important way of garnering inflows into Equity funds for the Indian Fund houses. The Industry has grown to regular monthly inflows of INR 10,000 crs with an investor base of around 46 million. … Continue reading
Finalytica Nov 2021: Latest Happenings
- As per the latest Forrester 2022 Predictions for Asia Pacific report, Global cloud-native adoption rose last year since Developers reported increased usage of containers (33% to 42%) & serverless (26% to 32%) at their organisation which will accelerate enterprise modernisation and implement future fit technology strategies further in Year 2022.
Finalytica Oct 2021: Latest Happenings in AI and Analytics
- According to 2020 market share numbers from IDC, the total worldwide business intelligence and analytics market hit $19.2 billion, growing a healthy 5.2% despite pandemic-related economic upheavals. Looking ahead, BI growth is expected to accelerate as companies focus on digital transformation and smarter ways to use data to drive the business forward.
Finalytica May, 2021: Latest Happenings
- The report ‘Analytics India Industry Study’ for 2021 by AIM provides an overview of the analytics market in India and its breakup across sectors, geographies, company sizes, work experience, and demographics. The market size for the analytics domain increased to $45.4 Bn in FY 2021 – a 5% growth in the market size over last year when it was $35.9 Bn.
Predicting Active Covid-19 cases in India based on Vaccination
Case study based on Transfer Learning from US and UK
Current Covid scenario globally
The novel coronavirus disease (COVID-19) has threatened public health on various levels worldwide. Because of the unpredictable outbreak nature and the virus’s pandemic intensity, people are experiencing depression, anxiety, and other strain reactions.… Continue reading
Finalytica April 2021: Knowledge Series in Technologies in BI Solutioning
Business intelligence (BI) comprises various strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations. Common functions of business intelligence technologies include ETL, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business, benchmarking, text mining, predictive analytics, and prescriptive analytics and reporting.… Continue reading
Finalytica April 2021: Latest Happenings in the AI, Analytics and Fintech world
- Analytics Insight estimates the Data Science Education market in India to grow from US$103 Million in 2020 to US$626 Million by 2025, growing at a CAGR of 43% during the period. According to the analysis, the on-campus data science education market is forecast to grow at CAGR of 42.59% from US$48.2 million in 2019 to US$386.5 million in 2025.
Finalytica March 2021: Latest Happenings in the AI, Analytics and Fintech world
- Indian Fintechs raised nearly $10 bn in the last decade:Indian fintechs have attracted close to $10 billion in equity capital funding, over the past decade, with digital payments and lending startups being the largest recipients in this sector. As per the report titled ‘100 Unicorns: India’s changing corporate landscape’, India is home to the third-largest set of unicorns globally, behind the US and China, which command a total valuation of $90 billion as per a report from livemint.
Finalytica March 2021: End-to-End BI Solutioning
Business intelligence (BI) solutions combine business analytics, data mining, data visualization, data tools and infrastructure, creating data models and helping organizations to make more data-driven. All of these things come together to create a comprehensive view of a business to help people make better and actionable decisions.… Continue reading