L10

Question 1

Business processes that will be replaced by AI (3)

Answer 1

repetitive, high-volume and rule-based processes

Question 2

Market interesting for AI solutions

Answer 2

• fragmented markets
• large quantity of data
• recurrence in service needs
  eg) retail, healthcare, public administrations, manufacturing

Question 3

Industries heavility influenced by AI (8)

Answer 3

1. banking and finance
2. healthcare
3. automobile
4. telecommunicaton
5. manufacturing
6. entertainment and media
7. education
8. retail

Question 4

AI in banking and finance

Answer 4

• fraud detection
• NLP to detect insurance risk
• investments
• financial advice
• customer service
• loan and credit decision

Question 5

AI in healthcare

Answer 5

• predicting need for surgery
• diagnosis of infectious diseases
• app for medical assistance
• wearables to track health conditions
• surgical robots
• drug discovery and production
• converting doctor notes with NLP
• medical diagnostics with image analysis
• administrative tasks

Question 6

AI in automobile industry

Answer 6

• design
• manufacturing
• quality control
• car dealership
• insurance
• customer experience

Question 7

AI in telecommunication

Answer 7

• virtual assistance
• fraud detection
• predictive analysis
• client sentiment analysis

Question 8

AI in manufacturing

Answer 8

• risk management
• supply chain management
• predictive maintenance
• robotic process automation (RPA)
• inventory management

Question 9

AI in entertainment and media

Answer 9

• content personalization
• content tagging
• subtitle creation
• decision automation
• search optimization

Question 10

AI in education

Answer 10

• personalized learning
• unburdening teachers
• increased accessibility
• smart leaning content
• virtual assistants

Question 11

AI in retail

Answer 11

• smart assistant
• purchase prediction
• pricing
• improved advertisement
• personlization

Question 12

Industries interesting for BD (8)

Answer 12

1. education
2. healthcare
3. government
4. media and entertainment
5. banking and insurance
6. retail and wholesale
7. transportation
8. mangufacturing and natural resources

Question 13

BD in Education

Answer 13

• measuring students’ learning and teachers’ performance
• customize learning
• reframe course material
• grading systems
• automatic quiz questions
• career prediction
• recommendations

Question 14

BD in healthcare

Answer 14

• monitoring and managing in real-time
• performance optimization and improvement
• understanding and serving the customer
• diagnoses -> reduction of treatment cost
• predicting pandemic outbreaks
• evidence-based medicine presciption
• wearable devices and sensors

Question 15

BD in government

Answer 15

• food and drug administration -> food-based infections
• welfare schemes
• cybersecurity

Question 16

BD in media and entertainment

Answer 16

• creating content
• recommendation
• measuring content performance
• insights from customer reviews
• effective ad targeting
• spotify -> music recommendations
• Amazon prime

Question 17

BD in Banking and Insurance

Answer 17

• SEC -> monitor financial market activity
• trading, prediction
• risk management, fraud mitication, anti-money laundering
• behavioural pricing

Question 18

BD in retail and wholesale

Answer 18

• optimize staffing
• fraud and operational efficiency
• inventory
• customer experience
• predicting demand

Question 19

BD in Transportation

Answer 19

who: government, private-sector, individual
- traffic control, route planning, congestion management
- revenue management, logistics
- route planning, safety
- uber -> predict supply, demand, location of driver to set fares for drives

Question 20

BD in Manufacturing and natural resources

Answer 20

• underused data in this industry
• supply, chain
• assemble line
• logistics
• customer service
• weather forecasting