Data science and AI are impacting various sectors including finance and healthcare.
In the financial services sector, data is the most important resource and integrating machine learning techniques is a necessity to extract insightful intelligence. Fraud detection, automating risk management, real-time consumer analytics, algorithmic trading, and deep personalization of customer relationships are among the many use cases that AI can help the financial industry.
With the vast amount of data available in the healthcare sector such as clinical, financial, R&D, and administration and operational, data science can derive meaningful insights to improve the outcome and efficiency of the industry. Predictive big data analytics can help in cutting down healthcare costs, providing better care, improving administrative performance, and reducing readmission. Please see our white paper on using predictive analytics related to lung cancer readmission