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Low code/no code tools reap IT benefits—with caveats

CIO

If we had to write 15 different pricing systems, it could’ve taken years,” requiring backend fulfillment systems and credit checks for each specific price. A September 2021 Gartner report predicted that by 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020.

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Interpreting predictive models with Skater: Unboxing model opacity

O'Reilly Media - Data

There is often a need to verify the reasoning of such ML systems to hold algorithms accountable for the decisions predicted. There is also a trade off in balancing a model’s interpretability and its performance. A deep dive into model interpretation as a theoretical concept and a high-level overview of Skater.

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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

Modernization journeys are complex and typically highly custom, dependent on an enterprise’s core business challenges and overall competitive goals. Yet one way to simplify transformation and accelerate the process is using an industry-specific approach. Consider the critical area of security controls, for example.

AWS 172
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New Zealand-based Imagr thinks camera-based AI is the future of shopping trolleys

TechCrunch

The startup’s original smart shopping carts, complete with a halo on top that houses cameras and lights to detect products going in and out of the cart, can be seen in Japan’s 150 H2O Retailing stores, and the company says it has one contract due to go live this year in the U.K., Chomley says Imagr has raised a total of $12.5

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We We don’t want to just go off to the next shiny object,” she says. “We We want to maintain discipline and go deep.”

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

One tracks shoppers and objects across multiple camera views as a building block for cashierless store systems; one aims to prevent ticket-switching fraud at self-service checkouts; and one is for building analytics dashboards from surveillance camera video. Nvidia isn’t packaging these workflows as off-the-shelf applications, however.

Retail 113
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AI-First Benefits: 5 Real-World Outcomes

Cloudera

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. AI increasingly enables systems to operate autonomously, making self-corrections automatically as necessary. Benefits aplenty.