Data in th..
Gilead Sciences recently reached an $11.9bn agreement to acquire Kite Pharma for a 50 per cent premium to its monthly average stock price. Five days before the US takeover was announced, an artificially intelligent computer predicted it. The algorithm, developed by Dataminr, a New York-based technology group, had noticed unusual social media chatter and options activity and alerted its clients about a possible buyout of Kite by a large biotech company. The following week, shares in Kite jumped 28 per cent. ..
Business leaders looking for increased revenue, more efficiency and a better experience for their customers can have all of that — if they adopt artificial intelligence (AI) for their organization. That is the promise of AI that many businesses are actively investing in today. There is a huge disruption among many enterprises at an ever-increasing rate of speed but it does come with challenges. Many enterprises are navigating how to establish right strategy to create value from their AI ..
"Yet despite its burgeoning s..
What drives companies to have a successful data-driven culture? It’s important to understand that it’s not necessarily about the data itself. That’s secondary. The technology itself comes in third. Data-driven decision-making is first and foremost about the organization. The most important—and arguably the most difficult—aspect of transitioning to a data-driven organization that practices DataOps is the cultural shift required to move to a data mindset. read more »