Business Analytics Review

Welcome to the fourth issue of the Business Analytics Review, your trusted source for the latest developments, trends, and tools in the field of business analytics.

In this issue, we are exploring the transformative power of machine learning (ML) in business. Machine learning is a subset of artificial intelligence (AI) that enables systems to learn and improve from experience without being explicitly programmed. By analysing vast amounts of data, ML algorithms can identify patterns, make predictions, and provide actionable insights.

We're excited to continue bringing you insightful news, thought-provoking reads, and essential tools to keep you ahead in the analytics world. Let's explore what's new this month!

1)     ML revolutionized our use of tools like Google Search, even if we didn’t realize it at first – Rakesh Bhardwaj, Global CIO at Lupin emphasized how Mchine Learning has fundamentally transformed how we interact with technology.

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2)     92% of knowledge workers in India use AI at work – These business leaders believe their companies need to adopt AI to stay competitive, but 54% worry their organisation lacks vision or a plan for implementing the technology.

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3)     GSI engages AI and machine learning in mineral exploration – Janardan Prasad, Director General of Geological Survey of India (GSI) talked about the institution’s unwavering commitment to fostering self-reliance in mineral resources through the integration of advanced probing techniques, artificial intelligence and machine learning in mineral exploration.

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4)     RENEW system utilizes machine learning for rare disease diagnosis - In a new study published in Human Genetics, researchers describe how RENEW (REanalysis of NEgative Whole-exome/genome data) led to a probable diagnosis for 63 patients out of 1,066 undiagnosed cases. 

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