AI PROJECTS: FROM STRATEGY TO ADDED VALUE
At Lakeside Analytics, we harness the transformative power of AI to drive your business forward. Our expertise in data analytics, machine learning, and strategic consultancy empowers organizations to navigate the complexities of technological advancement. With over 25 years of experience, we are dedicated to crafting bespoke AI solutions that foster innovation, efficiency, and sustainable growth. Join us in leading the AI revolution, where your business’s future is reimagined for competitive advantage. Discover how we can guide your journey towards digital excellence and organizational transformation at Lakeside Analytics.
CRAFTING YOUR AI BLUEPRINT FOR SUCCESS
Ever felt overwhelmed by the complexities of AI integration? With 85% of businesses aiming to integrate AI in the next five years, aligning it with business goals has never been more crucial. We'll guide you in setting clear AI/ML objectives, fostering a culture of innovation, and positioning your business as an industry leader.
THE LAKESIDE ANALYTICS APPROACH TO STRATEGY
- Strategic Consultation: Begin with a deep dive into your business model, understanding your goals, challenges, and aspirations.
- Customized Roadmap Creation: Design a tailored AI/ML roadmap that aligns with your business objectives and industry nuances.
- Continuous Learning & Adaptation: Regularly update strategies based on evolving AI trends and feedback loops.
- Ethical Considerations: Prioritize responsible AI practices, ensuring solutions are ethical, transparent, and fair.
- Result-Oriented Implementation: Focus on tangible outcomes, measuring success through key performance indicators and business impact.
ELEVATE OPERATIONS THROUGH INTELLIGENT AI INTEGRATION
Are manual processes and inefficiencies slowing you down? In today's competitive landscape, businesses that fail to integrate AI into their operations risk falling behind. Studies indicate that AI-driven operations can boost efficiency by up to 40%. We harness the power of AI to transform your operations, ensuring streamlined processes, informed decision-making, and enhanced overall efficiency.
THE LAKESIDE ANALYTICS APPROACH TO AI-DRIVEN OPERATIONS
- Operational AI Audit: Assess your current operational landscape to pinpoint areas ripe for AI integration and enhancement.
- Intelligent Process Automation: Deploy AI algorithms to automate repetitive tasks, streamline workflows, and reduce human error.
- AI-Powered Decision Support: Utilize AI models to provide real-time insights, assisting management in making timely and data-backed decisions.
- Supply Chain Intelligence: Implement AI-driven solutions for predictive demand forecasting, inventory optimization, and logistics management.
- Enhanced Customer Interactions: Leverage AI tools for chatbots, recommendation systems, and personalized customer experiences.
UNLEASH THE POWER OF DATA WITH OUR EXPERTISE
In an era where data is the new oil, are you maximizing its potential? With businesses generating vast amounts of data daily, the challenge lies in harnessing this data for actionable insights and competitive advantage. Dive deep into unparalleled insights with our data-centric approach, ensuring your AI projects are always a step ahead.
THE LAKESIDE ANALYTICS APPROACH TO DATA
- Data Assessment: Conduct a comprehensive audit of your existing data infrastructure, identifying strengths and areas for improvement.
- Advanced Analytics: Utilize state-of-the-art analytical tools and techniques to extract meaningful insights from your data.
- Data Integration: Seamlessly integrate diverse data sources, ensuring a unified and holistic view for better decision-making.
- Predictive Modeling: Leverage the power of predictive analytics to forecast trends, behaviors, and outcomes.
- Data Security & Compliance: Prioritize the security of your data, ensuring compliance with global regulations and standards.
BESPOKE AI SOLUTIONS TAILORED FOR YOUR INDUSTRY
Frustrated with generic AI solutions that don't cater to your industry's unique needs? In a world where industries are diversifying at an unprecedented rate, a tailored AI approach is essential. Research shows that industry-specific AI applications can increase ROI by up to 60%. We craft AI solutions meticulously tailored to your industry, ensuring you stay ahead of the curve and gain a competitive edge.
THE LAKESIDE ANALYTICS APPROACH TO INDUSTRY-SPECIFIC AI
- Industry Deep Dive: Engage in comprehensive research to understand the nuances, challenges, and opportunities within your industry.
- Customized AI Models: Develop AI algorithms and models specifically designed to address industry-specific challenges and objectives.
- Integration with Industry Tools: Seamlessly integrate AI solutions with existing industry tools and platforms for a cohesive operational experience.
- Collaborative Development: Work closely with industry experts and stakeholders to refine and optimize AI applications.
- Continuous Industry Monitoring: Stay updated with industry trends, shifts, and innovations, ensuring AI solutions remain relevant and cutting-edge.
BEYOND SOLUTIONS: Sustainable Competitive Advantage using AI
STAY AHEAD IN THE AI REVOLUTION WITH OUR SEMINARS & WORKSHOPS
Feeling the pressure to adapt in the rapidly changing AI landscape? With the AI sector evolving at breakneck speed, 68% of businesses express concern over being left behind due to a lack of internal expertise. We are your beacon in the AI revolution, offering transformational workshops and sessions that ensure your organization not only adapts but thrives in the AI era.
THE LAKESIDE ANALYTICS APPROACH TO AI TRANSFORMATION:
Innovative In-house Workshop: Immerse yourself in our exclusive In-House Workshop on Leveraging AI, specifically for your organization. This intensive session spans the fundamentals of artificial intelligence to practical applications and strategic integration into your business processes. View Workshop Details.
Dive Deeper: Interested in a more detailed exploration? Join our comprehensive 24-week course on AI-Driven Personal and Professional Development, meticulously crafted to empower both individuals and organizations in the AI age.
STEER THE AI FUTURE WITH ETHICS & TRANSPARENCY
Concerned about the ethical implications of AI in your business? As AI systems become increasingly autonomous, 74% of tech leaders express apprehension about potential ethical pitfalls and biases. We champion responsible AI, ensuring that your solutions are not only cutting-edge but also ethically sound, transparent, and fair.
THE LAKESIDE ANALYTICS APPROACH TO RESPONSIBLE AI
- Ethical Framework Development: Collaborate to establish a clear ethical framework for AI, tailored to your business and industry.
- Bias Detection & Mitigation: Utilize advanced tools and methodologies to detect and address biases in AI algorithms and datasets.
- Transparency & Explainability: Ensure AI solutions are transparent, with clear mechanisms to understand decision-making processes.
- Stakeholder Engagement: Engage diverse stakeholders, from employees to customers, ensuring AI solutions align with broader ethical considerations.
- Continuous Ethical Review: Implement regular reviews of AI solutions to ensure they remain compliant with evolving ethical standards.
- Education & Awareness: Foster a culture of ethical AI awareness within your organization, ensuring all stakeholders understand the importance and implications.
COMPETITIVE ADVANTAGE THROUGH ML & AI - TIME TO TAKE THE LEAD!
See examples on how various industries create value using highly advanced algorithms, well prepared data-sets and controlled application spaces.
Precision medicine, a technology still in its infancy, is an approach to treatment that uses information about an individual's medical history and genetic profile and relates it to the information of many others to find patterns that can help prevent, diagnose or treat a disease. "Precision medicine is one of the most trending subjects in basic and medical science today," sais Zeeshan Ahmed, an assistant professor of medicine at Rutgers Robert Wood Johnson Medical School. "Major reasons include its potential to provide predictive diagnostics and personalized treatment to variable known and rare disorders. However, until now, there has been very little effort exerted in organizing and understanding the many computing approaches to this field."
In the past five years, interest in applying artificial intelligence (AI) approaches in drug research and development (R&D) has surged. Driven by the expectation of accelerated timelines, reduced costs and the potential to reveal hidden insights from vast datasets, more than 150 companies with a focus on AI have raised funding in this period. And the number of financings and average amount raised soared in 2021. At the forefront of this field are companies harnessing AI approaches such as machine learning (ML) in small-molecule drug discovery, which account for the majority of financings backed by venture capital (VC) in recent years, as well as some initial public offerings (IPOs) for pioneers in the area.
The spectrum of approaches for the application of AI in small-molecule drug discovery can be illustrated by a selection of companies that have raised substantial funding (Table 1) and/or signed major deals with large pharma companies (Table 2) in the past two years. Some of these companies are mainly focused on a particular stage of the drug discovery pipeline, such as target identification or compound screening, while others are aiming to establish end-to-end platforms in which AI tools are at the core in each step.
see more: https://www.nature.com/articles/d43747-022-00104-7
Transporeon, the leading Transportation Management Platform, announced on August 22nd, 2022 the acquisition of Tracks, a Berlin-based start-up with the mission to decarbonise the transport industry. AI-based analytics and prediction tools that take carbon visibility to another level, facilitating the reduction in one’s carbon footprint through the targeted use of primary data. Tracks is a carbon visibility tool providing data solutions to monitor and manage carbon emissions across all transport modes. To do this, the company uses AI-based analytics and prediction tools to enable shippers, carriers and logistics service providers to collect and optimise emissions data at source.
see more: https://www.transporeon.com/en/company/press/transporeon-acquires-tracks
Argo AI, 412 Food Rescue, and Parkhurst Launch Autonomous Food Delivery. To help tackle food insecurity, leading autonomy products and services company Argo AI has partnered with 412 Food Rescue and Parkhurst Dining to launch an autonomous vehicle delivery service to transport surplus food to local nonprofits in Pittsburgh. The service will pair Argo autonomous vehicles with 412 Food Rescue partners to pick up and transport meals to nonprofits who offer food assistance and supplies in the region. With a team of more than 2,000 people across the U.S. and Europe, Argo designs its Argo Autonomy Platform and Solutions to support autonomous ridesharing and goods delivery to benefit communities around the world.
more about this: https://www.argo.ai/company-news/argo-ai-412-food-rescue-and-parkhurst-launch-autonomous-food-delivery/
When it comes to geospatial and mapping data and how they are leveraged by organizations, satellites continue to play a critical role when it comes to sourcing raw information. Getting that raw data into a state that can be usable by enterprises, however, is a different story. As a German company, LiveEO is one of a small but growing group of startups in Europe capitalizing on increasing interest in space among investors in recent years. LiveEO’s platform addresses a specific gap between space tech and enterprise data. Satellites are collectively producing more data about our world than ever before, covering not just physical objects in the most minute detail, but thermal progressions, how systems are moving and more.
Automated interpretation of industrial X-ray images. Digital detectors and highly automated inspections systems allow manufacturers to significantly optimize their quality control and assurance processes. Due to the higher throughput of parts, the evaluation and interpretation of X-ray images is starting to become a costly bottleneck. Advanced technologies like Automated Defect Recognition (ADR) and Artificial Intelligence (AI) have the potential to significantly reduce the required time per part. Depending on the inspection standard and requirements the algorithms can be implemented in an as an assistance to the operator or fully automated.. PFW Aerospace GmbH has implemented our Artificial Intelligence (AI) based ADR prototype in a production environment as an assistance tool to increase the throughput and process safety of X-ray image interpretation.
more about this: https://visiconsult.de/smart-inspection/
As millions of people transitioned to remote work during the pandemic, criminals took advantage of the increased volume of online activity. Scams proliferated, according to the FBI. Human traffickers and drug cartels, long seeking ways to circumvent regulators and law enforcement, refined their money laundering through online marketplaces and cryptocurrencies that afforded anonymity while connecting buyers and sellers, the U.S. Government Accountability Office reported. To adapt to these threats, regulators and law enforcement authorities began to turn to artificial intelligence and machine learning to battle bad actors. These tools help officials spot trends and set rules to help banks and other institutions identify and report suspicious transactions.
Meanwhile, the Securities and Exchange Commission proposed rules to crack down on financial cybercrimes. Even if government agencies and financial institutions could hire everyone they needed tomorrow, they would still need AI and machine learning to manage the deluge of cybercrime that is now routine. The massive scale of online activity and the scope of the cyberthreat today is too large for teams of people of any size to handle, even in the public sector. AI and machine learning can take on that work in three areas:
- AI helps officials in the discovery process, finding so-called “unknown unknowns,” or problems that remain hidden from regulators, as well as patterns in data across multiple firms and systems that point to emerging threats and new behavior patterns.
- Ninety-five percent of suspicious activity reports are false positives. Banks are inundating the U.S. Treasury’s Financial Crimes Enforcement Network with irrelevant SARs, wasting resources that regulators and financial institutions could put to better use in finding real crime. Using broader data sets to capture all known risks and reduce alerts, AI can cut down on false positives by more than 75 percent, discovering crime more effectively so resources can be refocused on other, more genuine threats.
- AI and machine learning can help law enforcement single out the worst bad actors and gather sufficient evidence against them. Identifying unknown relationships and linkages between entities and people, spotting unusual changes in behaviors across entities, digital tracking of activities, and other investigative technologies help law enforcement pinpoint the most mysterious and elusive bad actors perpetrating the most damaging crimes. Within mountains of data, AI can recognize the genuinely suspicious patterns and inconsistencies that are the telltale signs of drug and human trafficking organizations’ money laundering, for instance.
UK Government Policy paper - Establishing a pro-innovation approach to regulating AI - Across the world, AI is unlocking enormous opportunities, and the UK is at the forefront of these developments.
In the National AI Strategy (UK), the government set out an ambitious ten-year plan for the UK to remain a global AI superpower. The UK is already a leader in many aspects of AI, with a thriving ecosystem and a strong track record of innovation. But there is more to do to harness the enormous economic and societal benefits of AI while also addressing the complex challenges it presents. Establishing clear, innovation-friendly and flexible approaches to regulating AI will be core to achieving our ambition to unleash growth and innovation while safeguarding our fundamental values and keeping people safe and secure. Our approach will drive business confidence, promote investment, boost public trust and ultimately drive productivity across the economy.
get the insights: https://www.gov.uk/government/publications/national-ai-strategy
Similiarly the EU is publishing numerous documents on the definition of AI and the constraints/differences of its use in public services.
see more: https://publications.jrc.ec.europa.eu/repository/handle/JRC129301
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Joachim Lelle, Director AI Delivery