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Over five hundred images, three days, and one team to release the first version of the application that will make our cities look prettier on photographs. Netguru and MicroscopeIT joined forces to run in an AI/ML-focused hackfest. The result? An app that can automatically remove all those pesky cranes from your cityscape pictures with a single click of a button, all thanks to Deep Learning algorithms. If you've ever been to London or Warsaw, you'll know that cranes are everywhere! Even though the app has very limited use (let's be honest, you don't actually get so many cranes in pictures, do you?), it lays a solid base for co-operation on future Machine Learning projects between the two companies.
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For a casual observer, the fintech scene looks like a uniform rock: it is all about digital banking alternatives (such as N26, Revolut, Tandem, Yoyo Wallet or Monzo). As in any industry, the same logic applies here - companies with a B2C business model attract customers the fastest, raise the largest investment rounds and, in the end, grab the most headlines.
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Machine learning applications can bring you more clients, increase sales and reduce business costs. However, if not used properly, they may lead to customer outflow, money loss and reputation damage. When should you use ML in your business and when is it better to stick with traditional computing methods?
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Machine learning models help businesses understand their data better, make more accurate predictions, and accelerate insights across the entire organisation. Amazon, Google, IBM, and Microsoft are the four largest players on the cloud scene, and they have all recently added some machine learning tools to help businesses take advantage of machine learning models for handling their data. But which solution is the right one for your business?
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