Tag: AI4business

A new era has arrived for NILG.AI

Happy birthday! Today is NILG.AI’s fourth anniversary. Happy birthday to us! For most humans, birthdays are a synonym for getting older and leaving the good days of the youth behind. For companies, they are a moment to reflect on everything we achieved, recognize how far we have come, and envision how far we will go. […]

Written by on Sep 5, 2022

Multiple Product Forecasting in the construction industry

In this article, we will cover a use case in the construction industry related to forecasting the needed materials for construction and the time in which they will be required. In the construction industry, there is a lot of uncertainty between the order time and the time in which it is actually executed, due to […]

Written by on Nov 9, 2021

Food and Beverages: Reducing waste using AI

During recent years Artificial Intelligence has been applied to almost all domains and industries to improve or solve specific problems identified by humans. One example is the industry of Food and Beverages, where AI models are being used for different purposes: Finances: by creating more predictable demand forecasts. Innovation: by suggesting new ingredients combination and […]

Written by on Oct 1, 2021

Insights in AI applied to Credit Scoring

Having access to liquidity has been a major issue for humankind for financing both personal life aspects (e.g., housing, cars, college) and for business initiatives (e.g., starting, growing, and expanding a business). The amount of uncertainty that both faces of this exchange – i.e., the creditor and the prospective debtor – face are paramount. On […]

Written by on Jul 27, 2021

NILG.AI among winners of the DataHub Ruhr Open Innovation call

We are proud to announce that NILG.AI was among the winning startups of the 4th open call for the DataHub Ruhr. DataHub Ruhr is an open innovation initiative that creates matchmaking opportunities between major corporations in the Ruhr area and global startups. In the 4th edition of this program, 8 challenges were proposed by 4 […]

Written by on Jul 17, 2021

Automated Valuation Models for Real Estate

When we decide to buy or rent a real estate (apartment, room, house, etc), one of the most important search criteria is the price. Its value depends mostly on characteristics, such as location, year of construction, number of rooms, area, central heating, etc. However, two properties with the same characteristics, for example, can be sold […]

Written by on Jun 14, 2021

Speeding up Science: AI tools for Pharma

At NILG.AI, our motto is “Unlocking business capabilities using Data Intelligence”, since we see Artificial Intelligence as a powerful tool designed to maximize the potential of human activity. A lot of fields have been taking advantage of the AI revolution creating more efficient systems able to get more accurate results while saving time and operation […]

Written by on Jun 1, 2021

Crop monitoring & AI: The future of agriculture

Agriculture’s role and its importance is not strange to any of us. Besides feeding us all, it allowed the first settlements and the transition from a nomad lifestyle to a sedentary way of living that culminated in the current state of our civilization. Although there is already a lot of IoT technology and innovation being […]

Written by on May 12, 2021

NILG.AI Named Among Western Europe’s Top B2B Companies for 2021

Here at NILG.AI, we know the importance of AI in transforming and turbocharging success for your business. Many businesses take up AI technology to cut back operational costs, grow revenue, improve efficiency, and provide a better customer experience. For a greater benefit, businesses should look into putting the full range of smart technologies including machine […]

Written by on Feb 5, 2021

Reducing Unemployment using AI

With COVID-19, many were affected by the economic crisis and lost their jobs. In Portugal alone, between February and September, there was a 30% increase in unemployment! AI can be a powerful tool in allocating scarce resources in a more efficient way. Inspired by DSSG Fellowship’s Project in Partnership with IEFP (Instituto de Emprego e […]

Written by on Jan 18, 2021