Home PC News How machine learning helps companies stay agile in a pandemic (VB Live)

How machine learning helps companies stay agile in a pandemic (VB Live)

Sponsored by AWS Machine Learning


In a world profoundly impacted by the pandemic, machine studying and AI has supplied highly effective new methods to adapt and face urgent enterprise challenges. To be taught extra in regards to the distinctive alternatives ML presents, greatest practices for leveraging the know-how, and extra, don’t miss this VB Live occasion.

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The ongoing world pandemic implies that we’re residing in a brand new regular. But the scenario has introduced a chance to reimagine the shopper expertise and shopping for journey, worker experiences, new methods of working, and the way we work together as a society, says Michelle Okay. Lee, Vice President of the Amazon Machine Learning Solutions Lab, AWS.

With the proliferation of knowledge and just about limitless portions of specialised computing energy obtainable through the cloud, machine studying may also help companies make sooner, extra knowledgeable selections, create efficiencies in processes, open up new income streams, and usher in a brand new wave of innovation that wasn’t potential earlier than. Businesses which have embraced new methods to satisfy the shopper the place they’re may have a big aggressive benefit.

“The pandemic has accelerated the pace of change dramatically,” Lee says. “The customer experience is changing quickly and companies must shift to agile and intelligent ways of serving them just as fast,” Lee says.

Optimizing operations with machine studying

Machine studying algorithms’ skill to research and self-learn from present and real-time knowledge is important for optimizing all kinds of enterprise processes and procedures – which reduces prices, improves pace, and will increase productiveness.

Lee factors to some buyer examples to reveal how elementary ML has been in creating essential new efficiencies, comparable to Domino’s. The restaurant is more and more digital – greater than 70% of gross sales comes from on-line orders. With their investment in ML, they’ve carried out a predictive ordering resolution to higher anticipate every day demand and have pizzas prepared for purchasers sooner.

iFood, the chief within the Latin American meals supply market, uses Amazon SageMaker to optimize its operations. Since implementing the answer, its supply service-level settlement has risen from 80% to 95%, route optimization has decreased supply journey distance by 12%, and supply personnel downtime has dropped by 50%.

A medical system, one other of AWS’s clients, is utilizing machine studying to optimize its digital types processing as nicely. Using Amazon Transcribe and Amazon Comprehend, the group can assessment medical notion paperwork and subject funds to pharmacists much more shortly and precisely.

Pivoting with pc imaginative and prescient

COVID-19 is having a big impression on the best way that schooling is being provisioned globally. Educational establishments, and even the interior AWS certifications group, are searching for methods to supply platforms for distant testing, whereas on the identical time monitoring for dishonest. Certipass used Amazon Rekognition for automated candidate id verification throughout checks for digital abilities. They have been in a position to construct the answer in below 30 days to allow all their testing facilities to check candidates on-line throughout COVID-19.

Companies are additionally utilizing pc imaginative and prescient to enhance office security – which, throughout a pandemic, now consists of adhering to social distancing rules. In a handful of Amazon buildings, Lee says, they’ve carried out a pc imaginative and prescient resolution to assist monitor and enhance social distancing in real-time.

How ML is boosting agility

The pandemic has elevated the strain on CIOs to steadiness prices whereas turning into extra agile and resilient, Lee says. CIOs can leverage this momentum to coach their leaders on why, and the way, AI and machine studying provide important and really concrete benefits.

“We are seeing a lot more focus on pragmatism over open experimentation,” Lee says. “This means that companies are getting much more rigorous about identifying use cases that produce significant and measurable ROI.”

This is usually simpler mentioned than completed, after all, she provides. Her group on the Amazon Machine Learning Solutions Lab focuses on serving to clients determine their highest-value ML makes use of circumstances by working backwards from enterprise issues. And now’s the time to concentrate on these initiatives that can have essentially the most enterprise impression.

“Many AWS customers are taking advantage of this moment to accelerate machine learning projects that will significantly impact things like workplace safety, automation, and supply chain forecasting while deprioritizing some of the more experimental projects,” provides Lee.

For extra on the impression that machine studying options can ship in these unsure instances, don’t miss this roundtable with leaders from Kabbage and Novetta, in addition to Michelle Okay. Lee, VP of the Amazon Machine Learning Solutions Lab.


Don’t miss out.

Register here for free.


You’ll be taught:

  • How to get began in your AI/ML journey throughout these unsure instances
  • How to adapt and leverage your present ML experience as new challenges come up
  • How to keep away from frequent pitfalls and apply classes realized
  • How to get essentially the most out of AI/ML and the impression it could possibly have on your online business, and society, in more and more unsure instances

Speakers:

  • Michelle Okay. Lee, Vice President of the Amazon Machine Learning Solutions Lab, AWS
  • David Cyprian, Product Owner, Novetta
  • Kathryn Petralia, Co-founder, Kabbage

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