Tag: AI4business

what does AI mean for your business

What Does Artificial Intelligence Mean For Your Business?

Artificial Intelligence (AI) is a term on everyone’s lips these days. But it’s not just a buzzword to attract investors and new clients. It’s a transformative technology that can revolutionize your business. But what exactly is AI, and how can it transform your business? Let’s dive in. What is Artificial Intelligence? Artificial Intelligence consists of […]

Written by on Mar 7, 2024

AI in the waste management industry

NILG.AI has scored yet another impressive victory in open innovation, the Re-Source challenge, organized by Sociedade Ponto Verde and Beta-i. The program aims to build strategic partnerships with innovative startups and established industry leaders through impactful pilot projects. This time, our proposal focuses on applying AI in the waste management industry to find more sustainable […]

Written by on Mar 6, 2024

7 Reasons Why People Resist AI Models and How to Overcome Them

AI models can potentially revolutionize businesses, but they often face resistance from the very people they’re designed to help. In this article, we’ll explore the seven most common reasons why people resist AI models and provide practical solutions to overcome these challenges. 7 Reasons Why People Resist AI Models In this section, we’ll explain the […]

Written by on Mar 3, 2024

Business-centric AI: A New Perspective for Your Company

Coping with the challenge of integrating AI into your business? You’re not alone. Many companies struggle to find the right approach to AI, often getting lost in technical details or data management issues. However, there’s a solution that transcends these common pitfalls: Business-centric AI. This transformative strategy is the perfect way to align your core […]

Written by on Feb 10, 2024

Long-term vs. Short-term Predictions in Machine Learning

When building a machine learning model, one of the most common questions is whether to opt for long-term or short-term predictions. In other words, should you build a model that forecasts an event tomorrow or a month from now? Our article will demystify this critical decision-making process. We’ll walk you through a strategic approach that […]

Written by on Jan 27, 2024

Ditch the Crystal Ball: Reverse-Engineering with Machine Learning

  Machine Learning models are estimators – which means they can be used not only to predict unknowns in your business but also to reverse-engineer complex business processes. As part of this blog post, you will learn how to identify these potential points of improvement, prioritize them, and create models to estimate them. Identification How […]

Written by on Dec 27, 2023

Unlocking Business Success with Langchain: The Power of Smart Document Summarization

Imagine a bustling corporate boardroom where executives, armed with stacks of reports and documents, gather for a high-stakes decision-making meeting. The clock is ticking, and the pressure is palpable. In the midst of this chaos, there’s an untapped opportunity—a way to transform this situation from a time-consuming ordeal into a seamless, efficient process. Welcome to […]

Written by on Dec 2, 2023

Building AI and Data teams: Who to Hire First

Building an AI team can be daunting, especially when you’re unsure about the right talent to hire first. In this article, we’ll first explore the roles of data analysts, data scientists, and data engineers, and discuss the pros and cons of hiring each profile. We’ll also delve into how these roles fit into your company […]

Written by on Dec 2, 2023

Customizing Language Models: Fine-Tuning vs. Prompt Engineering

In the rapidly evolving landscape of artificial intelligence, there’s a notable surge in interest and activity surrounding generative AI. The question arises: Why this rush? What’s the driving force? The answer lies in the transformative power of customizing Large Language Models (LLMs). Businesses are increasingly captivated by the potential these models hold, specifically when tailored […]

Written by on Nov 6, 2023

Kelwin, CEO sharing NILG.AI's success story

NILG.AI’s Success Story with Vonovia at the Hands on Data Conference 2023

In the dynamic world of AI, NILG.AI continues to shine as a beacon of innovation and excellence. At the Hands on Data Conference 2023 (HODcon), our spotlight shone on our journey on the “Image Insight” Challenge with Vonovia, Europe’s leading housing company. Our CEO, Kelwin Fernandes, took the stage alongside Bastian Winkenbach, Head of Advanced […]

Written by on Oct 9, 2023