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Why Reinvent the Wheel? The Challenges of DIY Open Source Analytics Platforms

Cloudera

In their effort to reduce their technology spend, some organizations that leverage open source projects for advanced analytics often consider either building and maintaining their own runtime with the required data processing engines or retaining older, now obsolete, versions of legacy Cloudera runtimes (CDH or HDP).

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CPOE Systems: Benefits and Risks of e-Prescribing and Test Ordering

Altexsoft

This article discusses software to eliminate paperwork, advantages it brings, and ways to address the challenges it poses. It was not until the late 1990s that CPOE started to bring real value to hospitals due to technological advances, decreased cost of development, and enhanced computer literacy of medical professionals.

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Build a contextual chatbot for financial services using Amazon SageMaker JumpStart, Llama 2 and Amazon OpenSearch Serverless with Vector Engine

AWS Machine Learning - AI

In this post, we demonstrate question answering tasks using a Retrieval Augmented Generation (RAG)-based approach with large language models (LLMs) in SageMaker JumpStart using a simple financial domain use case. The LLM generated text, and the IR system retrieves relevant information from a knowledge base.

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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. For instance, a user starts with the section showcasing sneakers in a mobile app, then reads reviews, bookmarks a few models, adds two pairs in a cart, and abandons it.

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Natural Language Processing in Healthcare: Using Text Analysis for Medical Documentation and Decision-Making

Altexsoft

This structure allows physicians and other software systems easily locate needed data, share it, and analyze it, basically — make use of it. “AI is technology’s most important priority, and health care is its most urgent application,” said Microsoft’s CEO Satya Nadella announcing the company’s new acquisition. Nuance, acquired for $19.7

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

According to Yigit Kocak of Prisync , the three most common of them are cost-based, competitor-based , and demand-based methods. Cost-based pricing “ adjusts prices dynamically according to business costs and keeps profit margins on a certain level.”. Would you consider fixed costs, competitor prices, or both?