Analytics models getting better with AI: SAS CEO

Analytics models getting better with AI: SAS CEO

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Jim Goodnight, co-founder and CEO of the $3.1-billion analytics firm SAS, stated analytics models are getting a lot, a lot better due to the power to reinforce them with AI methods. Image recognition and voice detects are among the many main makes use of of AI.

Google and Apple, he famous, are doing quite a lot of the voice detects. “I use Google all the time to ask questions. And they spell every word I say correctly. So I am amazed how good their technology is going. We are doing a lot of work in image, trying to detect whether or not tumors, liver tumors are getting smaller because of chemotherapy. We have seen a lot of the uses of medical imaging to recognise whether a disease is present or not. We are using imaging also on the assembly line to determine whether a part is defective or not,” he stated.

For Lockheed Martin, SAS programs take all of the sensor readings off their C-130 planes and are capable of forecast when components are going to malfunction in order that they’ll go forward and restore them earlier than they malfunction. “We do the same thing for Volvo trucks. Volvo has a computer on board every truck and we take the readings from that and then forecast when maintenance is going to be needed. We do anti-money laundering for over 200 banks right now around the world,” Goodnight stated.

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Right now, he stated, the corporate has bought quite a lot of work on the Covid scenario, attempting to assist a variety of governors and cities assist monitor it and forecast how for much longer it could go on in order that they’ll determine the necessity for intensive care beds, ventilators and private protecting gear. “We are also doing a lot of work with contact tracing, where we follow people who have been around a person who has Covid,” he stated.

Decades earlier than information analytics grew to become the buzzword it’s at this time, SAS was doing analytics. Goodnight, now 77, co-founded the corporate in 1976 with three different school members of North Carolina State University, and he has been the CEO since. But SAS options have been then inexpensive just for larger firms. And it didn’t have the AI/ML methods now obtainable.

Today, a significant effort is to, as Goodnight calls it, democratise analytics – “make analytics easy enough to use and easy enough to understand so that just about anybody can do it.”

So, how simple is it at this time? “Well, it is just one click really,” he says. “If there are variables that you want to include in your models, you can ask the system to automatically try hundreds of different models. That automation process is extremely useful. Because it allows people that are not modeling experts to try all sorts of different models. And we will recommend one that we like the best.”

Goodnight stated the corporate does quite a lot of R&D in its Pune centre. “We have some very, very smart people in Pune. They manage entire projects,” he stated.

SAS just lately partnered with the National Health Authority (NHA), the federal government physique implementing the insurance coverage scheme Ayushman Bharat. SAS will allow information analytics to assist monitor fraud and abuse arising wherever within the implementation construction of the scheme.

 

 

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