Enterprise AI For Dummies

Enterprise AI For Dummies
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Master the application of artificial intelligence in your enterprise with the book series trusted by millions   In  Enterprise AI For Dummies , author Zachary Jarvinen simplifies and explains to readers the complicated world of artificial intelligence for business. Using practical examples, concrete applications, and straightforward prose, the author breaks down the fundamental and advanced topics that form the core of business AI.  Written for executives, managers, employees, consultants, and students with an interest in the business applications of artificial intelligence,  Enterprise AI For Dummies  demystifies the sometimes confusing topic of artificial intelligence. No longer will you lag behind your colleagues and friends when discussing the benefits of AI and business.  The book includes discussions of AI applications, including :  · Streamlining business operations  · Improving decision making  · Increasing automation  · Maximizing revenue  The  For Dummies  series makes topics understandable, and as such, this book is written in an easily understood style that’s perfect for anyone who seeks an introduction to a usually unforgiving topic.

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Zachary Jarvinen. Enterprise AI For Dummies

Enterprise AI For Dummies® To view this book's Cheat Sheet, simply go to www.dummies.com and search for “Enterprise AI For Dummies Cheat Sheet” in the Search box. Table of Contents

List of Tables

List of Illustrations

Guide

Pages

Introduction

About This Book

Strong, Weak, General, and Narrow

Foolish Assumptions

Icons Used in This Book

Beyond the Book

Where to Go from Here

Exploring Practical AI and How It Works

Demystifying Artificial Intelligence

Understanding the Demand for AI

Converting big data into actionable information

Descriptive analytics

Diagnostic analytics

Predictive analytics

Prescriptive analytics

AI-powered analytics

Relieving global cost pressure

Accelerating product development and delivery

Facilitating mass customization

Identifying the Enabling Technology

Processing

Algorithms

Data

Volume

Variety

Velocity

Storage

Discovering How It Works

Semantic networks and symbolic reasoning

Text and data mining

Data mining

Text mining

Machine learning

Learning

Prediction

Auto-classification

Supervised classification

Unsupervised classification

Predictive analysis

Deep learning

Sentiment analysis

Looking at Uses for Practical AI

Recognizing AI When You See It

ELIZA

Grammar check

Virtual assistants

Chatbots

Recommendations

Medical diagnosis

Network intrusion detection and prevention

Fraud protection and prevention

Benefits of AI for Your Enterprise

Healthcare

Manufacturing

Energy

Banking and investments

Insurance

Retail

Legal

Human resources

Supply chain

Transportation and travel

Telecom

Public sector

Professional services

Marketing

Media and entertainment

Preparing for Practical AI

Democratizing AI

Visualizing Results

Comparison

Composition

Distribution

Relationship

Digesting Data

Identifying data sources

Cleaning the data

Defining Use Cases

A → B

Good use cases

Bad use cases

Reinforcement learning and model drift

Insufficient or biased data

False positives

Reducing bias

Choosing a Model

Unsupervised learning

Supervised learning

Deep learning

Reinforcement learning

Implementing Practical AI

The AI Competency Hierarchy

Data collection

Data flow

Explore and transform

Business intelligence and analytics

Machine learning and benchmarking

Artificial intelligence

Scoping, Setting Up, and Running an Enterprise AI Project

Define the task

Collect the data

Prepare the data

Build the model

Test and evaluate the model

Deploy and integrate the model

Maintain the model

Creating a High-Performing Data Science Team

The Critical Role of Internal and External Partnerships

Internal partnerships

External partnerships

The importance of executive buy-in

Weighing Your Options: Build versus Buy

When you should do it yourself

When you should partner with a provider

Hosting in the Cloud versus On Premises

What the cloud providers say

What the hardware vendors say

The truth in the middle

Scalability

Affordability

Gravity

Security

Regulatory requirements

Exploring Vertical Market Applications

Healthcare/HMOs: Streamlining Operations

Surfing the Data Tsunami

Breaking the Iron Triangle with Data

IMPROVING QUALITY OF LIFE

Matching Algorithms to Benefits

INCREASING ACCURACY IN CANCER SCREENING

Examining the Use Cases

Delivering lab documents electronically

Taming fax

Automating redaction

Improving patient outcomes

Optimizing for a consumer mindset

Biotech/Pharma: Taming the Complexity

Navigating the Compliance Minefield

Weaponizing the Medical, Legal, and Regulatory Review

MLR review for product development

MLR review for sales and marketing

Enlisting Algorithms for the Cause

Examining the Use Cases

Product discovery

Clinical trials

Product development

Quality control

Predictive maintenance

Manufacturing logistics

Regulatory compliance

Product commercialization

Accounting and finance

Manufacturing: Maximizing Visibility

Peering through the Data Fog

Finding ways to reduce costs

Handling zettabytes of data

Clearing the Fog

Connected supply chain

Proactive replenishment

Predictive maintenance

Pervasive visibility

DELIVERING VALUE FROM DATA

Clarifying the Connection to the Code

Optimize inventory

Optimize maintenance

Optimize supply chain

Improve quality

Automate repetitive tasks

Examining the Use Cases

Minimize risk

Maintain product quality

Streamline database queries

Outsource predictive maintenance

Customize products

Expand revenue streams

Save the planet

Delegate design

Oil and Gas: Finding Opportunity in Chaos

Wrestling with Volatility

Pouring Data on Troubled Waters

Deriving meaningful insights

Regaining control over your data

Wrangling Algorithms for Fun and Profit

Examining the Use Cases

Achieving predictive maintenance

Enhancing maintenance instructions

Optimizing asset performance

Exploring new projects

Government and Nonprofits: Doing Well by Doing Good

Battling the Budget

Government

Legacy IT systems

Data silos

Data security

Nonprofit

Fraud

Optimizing Past the Obstacles

Digital transformation

TRANSFORMING THE POSTAL SERVICE

The future of work

Data security

Operational costs

Fraud

Engagement

Nonprofit

Government

IMPROVING URBAN LIFE WITH AI

Connecting the Tools to the Job

Examining the Use Cases

Enhance citizen services

Provide a global voice of the citizen

Make your city smarter

Boost employee productivity and engagement

Find the right employees (and volunteers)

Improve cybersecurity

Utilities: Renewing the Business

Coping with the Consumer Mindset

Utilizing Big Data

The smart grid

Empowering the organization

Connecting Algorithms to Goals

Examining the Use Cases

Optimizing equipment performance and maintenance

Enhancing the customer experience

Providing better support

Streamlining back-office operations

Managing demand

Banking and Financial Services: Making It Personal

Finding the Bottom Line in the Data

Moving to “open banking”

Dealing with regulation and privacy

Offering speedier service

Leveraging Big Data

Restructuring with Algorithms

Examining the Use Cases

Improving personalization

Enhancing customer service

Strengthening compliance and security

Retail: Reading the Customer’s Mind

Looking for a Crystal Ball

Omnichanneling

Bridging online and in-store channels

Offering a consistently positive experience

Personalizing

Reading the Customer’s Mail

A fluid omnichannel experience

Enhanced personalization

Accurate forecasting

Looking Behind the Curtain

Examining the Use Cases

Voice of the customer

Personalized recommendations

AI-powered inventory

Transportation and Travel: Tuning Up Your Ride

Avoiding the Bumps in the Road

Planning the Route

Checking Your Tools

Examining the Use Cases

Autonomous vehicles

Predictive maintenance

Asset performance optimization

Enhanced driver and passenger experiences

Telecommunications: Connecting with Your Customers

Listening Past the Static

Finding the Signal in the Noise

Looking Inside the Box

Examining the Use Cases

Achieve predictive maintenance and network optimization

Enhance customer service with chatbots

Improve business decisions

Legal Services: Cutting Through the Red Tape

Climbing the Paper Mountain

Reading and writing

And arithmetic

Foot in mouth disease

Planting Your Flag at the Summit

Linking Algorithms with Results

Examining the Use Cases

Discovery and review

Predicting cost and fit

Analyzing data to support litigation

Automating patent and trademark searches

Analyzing costs for competitive billing

Professional Services: Increasing Value to the Customer

Exploring the AI Pyramid

Climbing the AI Pyramid

Unearthing the Algorithmic Treasures

Healthcare

Content management

Compliance

Law

Manufacturing

Oil and gas

Utilities

Examining the Use Cases

Document intake, acceptance, digitization, maintenance, and management

Auditing, fraud detection, and prevention

Risk analysis and mitigation

Regulatory compliance management

Claims processing

Inventory management

Resume processing and candidate evaluation

Media and Entertainment: Beating the Gold Rush

Mining for Content

Asset management

Metadata

Distribution

Silos

Content compliance

Striking It Rich

Metadata

Digital distribution

Digital asset management

Assaying the Algorithms

Examining the Use Cases

Search optimization

Workflow optimization

Globalization

Exploring Horizontal Market Applications

Voice of the Customer/Citizen: Finding Coherence in the Cacophony

Hearing the Message in the Media

Delivering What They Really Want

Answering the Right Questions

Examining Key Industries

Consumer packaged goods

Public and nonprofit organizations

Asset Performance Optimization: Increasing Value by Extending Lifespans

Spying on Your Machines

Fixing It Before It Breaks

Learning from the Future

Data collection

Analysis

Putting insights to use

Examining the Use Cases

Production automation and quality control

Preventive maintenance

Process optimization

Intelligent Recommendations: Getting Personal

Making Friends by the Millions

Listening to social media

Mining data exhaust

Reading Minds

Knowing Which Buttons to Push

Popular product recommendation

Market-basket analysis

Propensity modeling

Data and text mining

Collaborative filtering (CF)

Content-based filtering (CBF)

Cross-validation

Data visualization

Examining Key Industries

Finance

Credit card offers

Retail

Content Management: Finding What You Want, When You Want It

Introducing the Square Peg to the Round Hole

Categorizing and organizing content

Automating with AI

Finding Content at the Speed of AI

Expanding Your Toolbox

Access the content

Extract concepts and entities

Categorize and classify content

Automate or recommend next best actions

Examining the Use Cases

Legal discovery process

Content migration

PII detection

AI-Enhanced Content Capture: Gathering All Your Eggs into the Same Basket

Counting All the Chickens, Hatched and Otherwise

Tracing the history of capture technology

Moving capture technology forward

Monetizing All the Piggies, Little and Otherwise

Streamline back-office operations

Improve compliance

Reduce risk of human error

Support business transformation

Improve operational knowledge

Getting All Your Ducks in a Row

Capture

Digitize where needed

Process, classify, and extract

Validate edge cases

Manage

Visualize

Examining Key Industries

Financial services

State government

Healthcare

Regulatory Compliance and Legal Risk Reduction: Hitting the Bullseye on a Moving Target

Dodging Bullets

Fines

Increasing regulation

Finance

Legal

Healthcare

Data privacy

Strategy

Shooting Back

Make better decisions

Increase customer confidence

Win more business

Boost the bottom line

Building an Arsenal

Examining the Use Cases

Manage third-party risk

Manage operational risk

Monitor compliance risk

Monitor changes in regulations

Maintain data privacy

Maintain data security

Detect fraud and money laundering

Optimize workflow

Knowledge Assistants and Chatbots: Monetizing the Needle in the Haystack

Missing the Trees for the Forest

Recognizing the problem

Defining terms

Hearing the Tree Fall

WHAT AN IKA CAN DO

Making Trees from Acorns

Examining the Use Cases

Customer support

Legal practice

Enterprise search

Compliance management

Academic research

Fact checking

AI-Enhanced Security: Staying Ahead by Watching Your Back

Closing the Barn Door

The story in the statistics

Understanding the risk

Identifying the source

The state of current solutions

Locking the Barn Door

Knowing Which Key to Use

Examining the Use Cases

Detecting threats by matching a known threat marker

Detecting breaches by identifying suspicious behavior

Masquerade attacks

Process, service, or driver anomalies

Module load anomalies

Behavior anomalies

Remediating attacks

The Part of Tens

Ten Ways AI Will Influence the Next Decade

Proliferation of AI in the Enterprise

AI Will Reach Across Functions

AI R&D Will Span the Globe

The Data Privacy Iceberg Will Emerge

More Transparency in AI Applications

Augmented Analytics Will Make It Easier

Rise of Intelligent Text Mining

Chatbots for Everyone

Ethics Will Emerge for the AI Generation

Rise of Smart Cities through AI

Ten Reasons Why AI Is Not a Panacea

AI Is Not Human

Pattern Recognition Is Not the Same As Understanding

AI Cannot Anticipate Black Swan Events

AI Might Be Democratized, but Data Is Not

AI Is Susceptible to Inherent Bias in the Data

#RacialBias

#GenderBias

#EthnicBias

Collection bias

Proxy bias

AI Is Susceptible to Poor Problem Framing

AI Is Blind to Data Ambiguity

AI Will Not, or Cannot, Explain Its Own Results

AI sends you to jail

AI cuts your medical benefits

AI and the black box

AI diagnoses your latent schizophrenia

AI can be fooled

AI Is Not Immune to the Law of Unintended Consequences

Index. A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

Y

Z

About the Author

Dedication

Author’s Acknowledgments

WILEY END USER LICENSE AGREEMENT

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What we want is a machine that can learn from experience.

— Alan Turing, Lecture to the London Mathematical Society, 20 February 1947

.....

Today, valuable information is locked up in a broad array of external sources, such as social media, mobile devices, and, increasingly, Internet of Things (IoT) devices and sensors. This data is largely unstructured: It does not conform to set formats in the way that structured data does. This includes blog posts, images, videos, and podcasts. Unstructured data is inherently richer, more ambiguous, and fluid with a broad range of meanings and uses, so it is much more difficult to capture and analyze.

A big-data analytics tool works with structured and unstructured data to reveal patterns and trends that would be impossible to do using the previous generation of data tools. Of the three Vs of big data, variety is increasingly costly to manage, especially for unstructured data sources.

.....

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