L10 Flashcards
Business processes that will be replaced by AI (3)
repetitive, high-volume and rule-based processes
Market interesting for AI solutions
- fragmented markets
- large quantity of data
- recurrence in service needs
eg) retail, healthcare, public administrations, manufacturing
Industries heavility influenced by AI (8)
- banking and finance
- healthcare
- automobile
- telecommunicaton
- manufacturing
- entertainment and media
- education
- retail
AI in banking and finance
- fraud detection
- NLP to detect insurance risk
- investments
- financial advice
- customer service
- loan and credit decision
AI in healthcare
- 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
AI in automobile industry
- design
- manufacturing
- quality control
- car dealership
- insurance
- customer experience
AI in telecommunication
- virtual assistance
- fraud detection
- predictive analysis
- client sentiment analysis
AI in manufacturing
- risk management
- supply chain management
- predictive maintenance
- robotic process automation (RPA)
- inventory management
AI in entertainment and media
- content personalization
- content tagging
- subtitle creation
- decision automation
- search optimization
AI in education
- personalized learning
- unburdening teachers
- increased accessibility
- smart leaning content
- virtual assistants
AI in retail
- smart assistant
- purchase prediction
- pricing
- improved advertisement
- personlization
Industries interesting for BD (8)
- education
- healthcare
- government
- media and entertainment
- banking and insurance
- retail and wholesale
- transportation
- mangufacturing and natural resources
BD in Education
- measuring students’ learning and teachers’ performance
- customize learning
- reframe course material
- grading systems
- automatic quiz questions
- career prediction
- recommendations
BD in healthcare
- 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
BD in government
- food and drug administration -> food-based infections
- welfare schemes
- cybersecurity
BD in media and entertainment
- creating content
- recommendation
- measuring content performance
- insights from customer reviews
- effective ad targeting
- spotify -> music recommendations
- Amazon prime
BD in Banking and Insurance
- SEC -> monitor financial market activity
- trading, prediction
- risk management, fraud mitication, anti-money laundering
- behavioural pricing
BD in retail and wholesale
- optimize staffing
- fraud and operational efficiency
- inventory
- customer experience
- predicting demand
BD in Transportation
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
BD in Manufacturing and natural resources
- underused data in this industry
- supply, chain
- assemble line
- logistics
- customer service
- weather forecasting
