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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
Image by Proxet | Blog | The Challenges of Data Lakes 05/17/2022 The Challenges of Data Lakes If you or your company works with data, chances are you have already heard of data lakes. Even if you don’t work with data directly, it is still likely that you have some sort of contact with data lakes at your work—just that you might not even realize it. Over… Read more
Data Collection Engineering Healthcare Machine Learning
Image by Proxet | Blog | Machine Learning in Clinical Research 05/12/2022 The Rise of Machine Learning in Clinical Research Did you know that without clinical trials, there wouldn’t be vaccines for COVID? In fact, the progress of medicine very much depends on clinical research and, in turn, clinical trials. It’s a process that helps medical professionals explore and evaluate the effectiveness of new treatments, a process whose significance was… Read more
Engineering Healthcare Machine Learning Software development