As part of London Tech Week, recently appointed Analytics Engines Board Director and CTO Alastair McKinley took part in a panel session titled ‘AI & Data Analytics in Action’.
Hosted by Invest Northern Ireland, the event showcased several real-world applications of Artificial Intelligence and Data Analytics across the public and private sector. Alastair was joined by Philip McAleese, CEO at See.Sense and Stuart Mills, COO at Crowdvision.
During the event, Alastair discussed Cobalt Grant Manager, a solution developed by Analytics Engines which utilises a range of innovative analytics-based technologies including Machine Learning, Text Analytics and Natural Language Processing to perform several key tasks, including:
To illustrate the power of the Grant Manager solution, if an application to Innovate UK is matched against 100,000 previously submitted documents (at approximately 200 sentences per document), there are potentially 2 trillion sentence comparisons. This is an intractable problem for humans and for naïve algorithms but can be resolved through Cobalt Grant Manager’s powerful natural language processing capability.
The full webinar event can be viewed below.
Some key insights from the presentation include:
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