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I've seen a recent uptake in our customers asking about process mining. Process mining works by analysing event logs with data mining tools. Analysts are increasingly looking for creative ways to use it to improve business. There's a useful blog here: https://t.co/HdZO5hV71k
@AnandChocka @sasforums Anand you make a good point, the best decision are a blend of AI with the relevant control input of human touch and explanation.
@sasforums Personally for me ethics is the framework within which we apply these new technologies, whilst conscientious is the application of the human element into the equation into the interaction.
#saschat#betterbanking
@sasforums Technology in particular AI will will require new forms of risk, trust, and security management that existing controls don’t provide. Banks have an opportunity to set the agenda early here and help protect society
#saschat#betterbanking
@sasforums Smart solutions drive efficiencies and
protect resources and are typically powered AI, enabling enterprise substantiality by driving waste out of process. think of #leanbaking#saschat#betterbanking
@BristowColin Fraud is definitely on the increase and proportionally effects the vulnerable more relatively, efficient and adaptive AI can make a real difference here #saschat#betterbanking
@sasforums Given the recent economic turmoil , AI has great opportunities for good, it spot and stop consumers getting into debt to early (early warning/trends), help manage spending through 'pointers' and keep a lid on Fraud which will increase in these times #saschat#betterbanking
@sasforums Looking forward to debating #betterbanking, I've got a vested interest by wife's been a banker for 30+ years and definitely gave me her opinion #saschat
@sasforums Anyone in work wants tools fit for the job,and as i said earlier you want to make a difference/impact the business as data scientist. Tools that allow you to collaborate, share & implement #DataScience quickly and confidently your effectively are a must.#saschat#ModernAnalytics
@sasforums Data Scientists want their work to be used so its essential they can get it out there to make a difference and be seen to effect business outcomes. Tools and process that help them industialise are essential.
@sasforums Last thought: balance the tactical with the strategic, initiate the basics of platform so that as data, complexity and regulations increase you can scale effectively #platform#saschat
@sasforums Q4. My experience is that open connectivity/tooling/choices is a given, for the data science is. but its only part of the equation & part of the analytics platform #MLOps, #dataops complete the route to value, ie the analytics making a business difference. #platform#saschat
@thoughts_Ash Ash interestingly I've the rush for digitalization and AI at speed lead to these, silos, efficiency is key for long term growth and central platform helps with that #saschat#Analytics#platform
@sasforums analytics are there to serve a business purpose & improve outcomes. We already have competition in analytics (quant teams in investment banks battling it out). This will be pervasive, so analytical efficiency through a platform will be key to compete #saschat#Analytics#platform
@sasforums Predictions for 5 years let alone 8 are tricky, but I think analytics will evolve, i think by then some type of regulatory control and oversight of algorithms will the norm for a company, and i think anyone planning ahead for that would be astute. #saschat#Analytics