The Double-Edged Sword of AI

businessworld.in | February 10, 2020

AI has become a major aspect of our daily lives and as an industry, it is experiencing rapid growth and innovation. While it still has a long way to go before it resembles what we see in sci-fi movies, AI has already provided us with plenty of benefits, from how it can be effectively used as a communication tool to paving the way for next-generation marketing and advertising. But at the same time, AI has also undeniably shown us its dark side with several possible hazards.This double-sided nature has called for many to suggest a total halt in AI research and development, despite its advantages. As with all versatile tools, AI has the potential for great good or great harm. But in which way does it currently lean? Machine learning is undoubtedly going to play a huge role in how the Internet continues to develop complexity and sophistication. As we enjoy the extra advantages of a more connective and adaptive internet, AI and machine learning technology are greatly benefiting the health industry.AI bots and analysis systems can properly (and arguably more accurately) diagnose patients at medical centres across the world. This can allow patients to get the care they need without the human bias or margin for error that we currently work with. Even further, AI will most likely be able to consistently detect cancer and other diseases with higher degrees of accuracy than humans can manage.We’re also seeing how artificial intelligence and machine learning are being used to revolutionize business marketing as we know it. For instance, AI has become the primary marketable asset for cloud and SaaS-based businesses. This is huge because 86% of organizations are expected to turn to have their software needs met by SaaS by 2022.
AI is also going to be a critical part of the development and improvement of transportation and mobility. Naturally, systems that handle millions of humans moving around the same time need to be exceptionally complex. Regular human minds have difficulty handling all the moving parts.

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Walmart has one of the largest collections of data in the world, processing more than 2.5 petabytes of big data, hourly. In fact, while you’re reading this sentence, we just processed half a trillion rows of data, performed calculations and are rendering that data visually. We’ve integrated hundreds of internal and external data objects into our analytics – meaning we can layer in things like weather product sales status, pricing, inventory and a lot more – all to anticipate our more than 250 million weekly customers’ needs. What once took days or weeks now takes minutes. Our Statistical Analysts, Data Engineers and Advanced Database Administrators (in areas such as Cassandra, HANA, Altryx, Angular, Python and Hadoop) are impacting the industry on a scale like no other. Do you #LoveData and the idea of impacting millions with your work? As our data continues to grow exponentially, the potential for advanced analytics and data science opportunities are endless.

Spotlight

Walmart has one of the largest collections of data in the world, processing more than 2.5 petabytes of big data, hourly. In fact, while you’re reading this sentence, we just processed half a trillion rows of data, performed calculations and are rendering that data visually. We’ve integrated hundreds of internal and external data objects into our analytics – meaning we can layer in things like weather product sales status, pricing, inventory and a lot more – all to anticipate our more than 250 million weekly customers’ needs. What once took days or weeks now takes minutes. Our Statistical Analysts, Data Engineers and Advanced Database Administrators (in areas such as Cassandra, HANA, Altryx, Angular, Python and Hadoop) are impacting the industry on a scale like no other. Do you #LoveData and the idea of impacting millions with your work? As our data continues to grow exponentially, the potential for advanced analytics and data science opportunities are endless.

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BIG DATA MANAGEMENT

Daasity Raised $15M in Series A Headed by VMG Catalyst to Make Smarter, Strategic Decisions With Data

Daasity | January 18, 2022

Daasity, a consumer product analytics, and data platform, said that it had raised $15 million in Series A funding headed by existing lead investor VMG Catalyst. The money will make data more accessible and allow firms to augment their marketing channels with more tailored customer data. “We're proud that leading investors in the consumer product brand space continue to partner and back us,” said Dan LeBlanc, CEO of Daasity. “Our 300% growth in under a year proves how scattered data is holding brands back from making urgent, critical business decisions. This capital will accelerate our vision of making actionable data accessible to all e-commerce brands.” “We are thrilled to continue our partnership with Dan and the Daasity team as they enter their next phase of growth,” says Brooke Kiley, Partner at VMG Catalyst. “We consistently see how difficult it is for brands to act on their data, yet there is a greater need than ever. It is vital to utilize data to succeed in today’s competitive e-commerce environment. Daasity makes data accessible to all brands, empowering them with actionable insights and the ability to enrich their marketing channels with essential customer data.” By centralizing actionable sales (Shopify, Amazon), marketing (Facebook, Google), and inventory data, Daasity reveals insights for over 1,600 consumer goods firms. Thanks to Daasity's customizable eCommerce data platform, team members, leadership, and analysts from firms like Manscaped, Vuori, Tula Skincare, Kopari, American Giant, and Caraway Home are now data-driven. “Having our data at our fingertips has been key in allowing us to accelerate our growth strategy,” says Josh Knopman, Director of Growth & Digital Product at Caraway Home. “Daasity is a core component of our marketing stack. The ability to pull in data from dozens of sources and track daily performance at both a business and channel level gives our team the confidence and understanding to place smart bets faster. Analyzing all our customer data in one place allows us to better segment and personalize our marketing.” Follow-on investments from Exeter Capital, VMG Catalyst, Mooring Ventures, Cove Fund, 1855 Capital, Okapi Venture Capital, and Serra Ventures fully funded the oversubscribed $15 million raise.

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Cybermaxx and Logi Analytics Partner to Bolster Data Analytics Capabilities for MAXX Data Defense Systems Suite

Logi Analytics | November 03, 2020

Today, Logi Analytics, the main supplier of implanted analytics answers for programming groups, and CyberMaxx, the pioneer in online protection tasks administrations for medical care associations, report another organization incorporating Logi Info into CyberMaxx's MAXX Data Defense Systems set-up of oversaw security administrations and arrangements. CyberMaxx will be revealing the new data analytics capacities beginning November second, 2020. Progressed data analytics is a higher priority than at any other time for network protection tasks groups – especially with cyberattacks expanding year-over-year for organizations, everything being equal. For MSSPs like CyberMaxx, which is collecting data from various sources all the while, powerful representations and announcing is basic to guaranteeing their security administrations stay on top of things with the goal that their clients can settle on speedy choices and decrease their danger of a break. Presently with Logi Info, CyberMaxx is improving its data analytics and revealing abilities while as yet holding the technological adaptability that has made it a viable online protection accomplice to undertakings for more than 15 years. "Enterprises are dealing with an increasing volume of threats, and MSSPs entrusted with protecting these firms can't afford to lose their knowledge advantage – or else breaches will only continue," says Brett Hansen, CMO at Logi Analytics. "With the Logi Symphony suite of services – including Logi Info – CyberMaxx is now able to embed powerful data analytics, reporting, and visualization capabilities into their MAXX suite of managed services – equipping their security team and customers with the threat visibility and actionable data insights that are the difference between partner safety and business disruption." CyberMaxx has been giving overseen security administrations to undertakings for over 15 years, zeroing in on the three mainstays of individuals, cycle, and innovation to forestall, identify, and react to cyberattacks. Strikingly, CyberMaxx gives specific oversaw security administrations to endeavors in the medical care, budgetary administrations, and retail areas – requiring chief network protection aptitude as well as an intensive comprehension of the specific consistence needs every area requires. It's every minute of every day/365 security tasks community (SOC) and online protection group are more basic than any other time in recent memory for these organizations, and with Logi Info CyberMaxx can give clients will more noteworthy danger knowledge and detailing highlights that will forestall, recognize and react to penetrates quicker than at any other time. "CyberMaxx is constantly pushing forward to anticipate our customers' needs and provide the highest level of service in our industry, which is evidenced today by our 99% customer retention rate. The partnership with Logi and the combined force of the CyberMaxx and Logi teams have delivered an innovative data analytics platform with powerful dashboards that will help our customers prevent costly breaches." said Thomas Lewis, CEO of CyberMaxx. CyberMaxx can utilize Logi Info as a feature of its more extensive Logi Symphony membership – which gives the MSSP admittance to the full Logi Analytics programming suite for a solitary, set cost. As CyberMaxx's analytics needs advance over the long haul, they'll have the option to exploit the full expansiveness of Logi Analytics' forefront installed analytics devices easily and cost-productivity. Logi Analytics' insight and comprehension of installed analytics is basic to network safety activities for organizations in 2020 and past. These devices help improve perceivability of dangers and new or ignored assault vectors, while making it simpler for IT experts to investigate and follow up on the data without disturbing application work process. For MSSPs, these abilities are taking on consistently expanding significance as endeavors move a greater amount of their IT tasks to the cloud while the quantity of endpoint gadgets increments essentially – especially in the wake of the COVID-19 pandemic and the more extensive move to distant work therefore. About Logi Analytics Logi Analytics empowers the world's software teams with the most intuitive, developer-grade embedded analytics solutions and a team of dedicated people, invested in your success. Logi leverages your existing tech stack, so you can quickly build, manage and deploy your application. And because Logi supports unlimited customization and white-labeling, you have total control to make the application uniquely your own. Over 2,200 application teams have trusted Logi to help power their businesses with sophisticated analytics capabilities. Logi Analytics is headquartered in McLean, Virginia, with offices in Ireland, England, Ukraine, and China. About Cybermaxx CyberMaxx prevents, detects, and responds to cyberattacks for healthcare organizations. CyberMaxx equips its customers with a 24/7/365 security operations center with services including endpoint threat detection and response, network-based threat detection and prevention, security information and event management (SIEM) with advanced data analytics, vulnerability risk management, and incident response services.

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BIG DATA MANAGEMENT

Aviso Launches Features of Real-Time Revenue Analytics and Expands with G2 into 3 New Categories

Aviso | February 02, 2021

Aviso, the AI revenue working framework that guides Sales and GTM groups has declared constant progressed revenue analytics capacities as it begins its new financial year, and furthermore reported its AI stage is currently recorded in 4 G2 commercial center classes. With these additional abilities, Aviso unites more parts of cutting edge CRM: time-arrangement data, versatile experiences, and relevant activities, for every single individual from a revenue group. Since its administration change in 2019 with another President and CEO, Trevor Rodrigues-Templar, Aviso has driven broad item and stage advancements including the recording of 8 licenses, the dispatch of Black Swan estimating hazard markers, and a refreshed Auto Machine Learning stage. Fortune 500 pioneers, for example, Honeywell, HPE Silver Peak, Dell, and Microsoft GitHub have accepted virtual guided selling with Aviso's bound together revenue workspace, which unites guaging, bargain the executives, conversational knowledge, individuals insight, group and client coordinated effort, pipeline examination, virtual selling rooms, and that's only the tip of the iceberg. Aviso is glad to declare its development into four complete classifications on the product survey stage G2. The introduction of three new classifications on G2 incorporates the AI Sales Assistant, Sales Performance Management, and Conversational Intelligence areas, and mirrors Aviso's high evaluations with clients, possibilities, and G2's examination group, which decide classes. These fresh introductions fill in as welcome extensions to Aviso's present authority in the class of Sales Analytics. "Aviso adds science and intelligence to my instincts, helping me solve the problem of forecast accuracy. The company and I benefit from having much more confidence in our forecast." - Aviso user on G2 What I like best about Aviso are its AI insights into what opportunities I should be focusing on and Pipeline Analytics that show me how fast/slow my deals are moving along. With Aviso, I feel like I actually have a consultant that coaches me on the most important things about my current pipeline." - Aviso user on G2 All the while, Aviso is excited to divulge its new AI Adaptive Metrics. Working intimately with our clients during the pandemic, Aviso created AI Adaptive Metrics to help Sales pioneers with constant analytics that go past customary reports and BI. Organizations are moving to data-driven danger alleviation and Aviso's high level measurements help with the move away from static and old data sees. These analytics cover not just estimating and arrangement and pipeline the board; they likewise work with Aviso's People Intelligence, which is based upon a persistently refreshing individuals diagram of the expert world and is a wellspring of truth all clients profit by. With Adaptive Metrics, Aviso can advise clients of key changes in their business, working across the two groups' "computerized fumes" and public data sources. Clients can inquiry Aviso to respond to vital inquiries, for example, "How do the present exercises influence the upcoming outcomes?". These measurements are accessible inside Aviso's Reporting and Analytics module just as by means of persona explicit pokes conveyed on email, portable application, and web/work area interfaces. Aviso's high level revenue analytics fuse both implied and express signals across the revenue cycle, from lead age to leader commitment, obtainment and legitimate close, and the client achievement extension cycle. Aviso has constructed and constantly advances a unified engineering with a circle of data, making it simple to bring data from outer accomplices inside Aviso and uncover Aviso data in outside frameworks and correspondence channels. Aviso accomplices incorporate Amazon Web Services, Moxtra, Salesforce, and Microsoft Dynamics. About Aviso AI Aviso is the AI revenue operating system that acts as a compass to guide sales and go-to-market team workflows to maximize growth and minimize risk. Aviso's predictive AI delivers revenue intelligence, drives team-wide actions and course corrections, and gives precise guidance so sellers and teams don't get lost in the fog of CRM and other point tools. With demonstrated results across Fortune 500 companies and industry leaders such as Dell, Nuance, Honeywell, Elastic, GitHub, and RingCentral, Aviso works at the frontier of AI to help teams close more deals and drive more revenue. Aviso AI has generated 350 billion insights, analyzed $400B in pipeline, and helped customers win $1640B in deals. By using Aviso AI, sales teams close on average 20% more deals with 98%+ accuracy, reduce sales cycles by north of 25%, and reduce spending on non-core CRM licenses by 30%. Aviso is backed by Storm Ventures, Scale Venture Partners, Shasta Ventures, and other leading Silicon Valley investors.

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