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08/1/2023 LLM has a performance problem inherent to its architecture: Latency Large Language Models (LLMs) like ChatGPT have evolved the AI landscape, marked by their impressive ability to understand and generate human-like text across a wide range of topics and applications. Since the release of OpenAI’s ChatGPT, a flurry of companies, ranging from analytics vendors, to business management software packages, to… Read more

Artificial Intelligence ChatGPT Neural Networks

07/25/2023 Data Stack: The Ultimate Guide Organizations across virtually every industry are turning to data to drive growth and maximize operational efficiency. But collecting, storing, analyzing, and governing data is easier said than done. To truly succeed with data, you need the right mix of talent and technology—commonly called the “data stack.” In this guide, we’ll… Read more

Artificial Intelligence Data Collection Machine Learning Real-Time Data

Image by Proxet | Blog | Is Now the Right Time for Your Business?

11/10/2022 Is Now the Right Time for a Data Warehouse? Data is an incredibly valuable asset for businesses of all shapes and sizes. And, with technology powering everything from sales to operational workflows, the amount of data generated by even small to midsize companies is substantial. What’s the best way to collect, analyze, and use all of this data? Data… Read more

Data Collection Engineering Software development

Image by Proxet | Blog | The Case For a Data Platform, and How to Select One

10/11/2022 The Case For a Data Platform, and How to Select One Data is the new oil, as the saying goes. Increasing digitization of all the areas of the economy has made it easier to understand customers, discover unmet market needs, and optimize business workflows. Scalable digitization, though, requires moving beyond spreadsheets… Read more

Data Collection Engineering Software development

Image by Proxet | Blog | Medical search engines and machine learning

06/30/2022 Medical Search Engines and Machine Learning Using search engines to look for information on medical issues takes up a significant percentage of all searches. Google first hit one trillion searches in 2011 and has never stopped climbing. In 2019, 7% of those were searches for something connected to medicine. That was before the COVID pandemic. So,… Read more

Engineering Healthcare Machine Learning Software development

Image by Proxet | Blog | Predicting satisfaction banking system

06/24/2022 ML and Predicting E-Banking Client Satisfaction Retail banking is often an early adopter of Information Technologies. When it comes to data science, and in particular machine learning, the use cases involving banking that come to mind first usually focus on saving operating costs, fighting fraud, and raising forecasting accuracy. E-banking is often perceived as something disconnected… Read more

Engineering Fintech Machine Learning Software development

Image by Proxet | Blog | Artificial Intelligence is Restructuring Banking Operations

06/9/2022 Artificial Intelligence is Restructuring Banking Operations Banking operations are a vital, yet costly part of any financial institution’s expenses. In 2019, McKinsey reported that middle and back-office costs accounted for 18% of banks’ budgets. Being able to reduce those costs while also improving both the velocity and accuracy of those processes directly affects a bank’s bottom… Read more

Artificial Intelligence Engineering Fintech Machine Learning

Image by Proxet | Blog | Detection of Relationships between Banking Operations Using ML

06/2/2022 Detection of Relationships between Banking Operations Using ML Computers are good with numbers—in fact, one could argue that computers only understand numbers (even in the cases of natural language processing, commonly known as NLP, words and phrases are converted into numbers). With that in mind, we should not be surprised that the banking industry has had a… Read more

Chatbot Engineering Fintech Machine Learning

Image by Proxet | Blog | Data Lakes in the Cloud

05/26/2022 The Basics of Data Lakes in the Cloud Data lakes are part of a fundamental shift in the storage, use and handling of data. Over the last 20 years, enterprises have increasingly relied on the availability of data for measuring performance and forecasting. Broadening access to data that at one time would have been siloed has changed the… Read more

Data Collection Engineering Software development

Image by Proxet | Blog | Data Lakes on AWS

05/19/2022 Data Lakes on AWS Data lakes are a product of the 21st century and the explosion in the variety of data generation and handling. They also feature in the breakdown of information silos and the need to reshape access to data to foster gains in business insights. But a data lake isn’t just a… Read more

Data Collection Engineering Software development