Featured IT News

Google told to pay French news publishers for content: report

10 April 2020 in Government Tech Policy

Search giant Google has agreed to comply with a French ruling that it must pay publishing companies and news agencies…

Optus responds to COVID-19 with ‘A G’Day a Day’ social media campaign

09 April 2020 in Telecoms & NBN

Australia’s second largest telco Optus has launched a new campaign - A G’day a Day - in response to the…

Victoria University sets up COVID-19 emergency student support fund

09 April 2020 in Education

Victoria University has launched an emergency support fund to help students with vital financial assistance during the COVID-19 pandemic.

COVID-19: Google Cloud launches virtual agent support program

09 April 2020 in Health

Google Cloud has launched a virtual agent support program designed to help healthcare, public health, and non-profit industries quickly build…

COVID-19: My Health Record using technology to deliver social distancing for healthcare

09 April 2020 in Health

The My Health Record digital health program says technology is poised to further help Australians during the COVID-19 pandemic through…

AIIA urges govt not to pass changes to R&D tax incentive

09 April 2020 in Government Tech Policy

The Australian Information Industry Association has urged the Federal Government to drop its plans for changing the research and development…

Fingerprint authentication only safe in a fifth of cases: Cisco team

09 April 2020 in Security

Researchers from Cisco's Talos Intelligence Group say that using fingerprints for security is likely to work about 20% of the…

Signal dev uses COVID-19 crisis to warn against encryption ban

09 April 2020 in Security

A developer of the messaging app Signal, that offers end-to-end encryption, has used the situation created by the ongoing COVID-19…

COVID-19: TeamViewer offers online collaboration software free of charge to schools, universities

08 April 2020 in Health

Germany-based remote control and collaboration software provider TeamViewer has made its online collaboration software solution Blizz available for free to…

ACCC authorises Australian Securitisation Forum members to ‘work together’ during COVID-19 crisis

08 April 2020 in Market

Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together…

Human Rights Law Centre calls for ‘greater transparency’ for Govt’s Covid 19 phone app

08 April 2020 in Apps

Australia’s Human Rights Law Centre has called for greater transparency to be given to the Federal Government’s recently launched Coronavirus…

Toyota Australia acquires Revolution Software Services

08 April 2020 in Deals

Toyota Australia has acquired Sydney-based software development and implementation company Revolution Software Services.

Blackberry claims China-connected groups targeting Linux servers

08 April 2020 in Security

Canadian security software and services firm Blackberry claims five attack groups serving the interests of China have been targeting Linux…

Glenn Maiden takes up role as threat intelligence chief at FortiGuard Labs ANZ

07 April 2020 in People Moves

Security vendor Fortinet has appointed Glenn Maiden as director of threat intelligence at FortiGuard Labs Australia and New Zealand.

Hyland Australia plans push into government

07 April 2020 in Market

Content services vendor Hyland is planning a major push into the Australian government sector, where it believes it is underrepresented.…

COVID-19: Healthcare system needs new technologies to meet ‘challenges’, says ATSE

07 April 2020 in Health

Australia’s healthcare system must quickly incorporate technologies including remote consulting, wearable monitors and full digitisation if it is to meet…

Microsoft, University of Sydney collaborate to build AI-infused Corona chatbot

07 April 2020 in Health

The University of Sydney says it has used Microsoft cognitive services to build an AI-infused bot in “double-quick time” that…

‘Critical’ time for mobile services as COVID-19 impacts industry growth: analyst

07 April 2020 in Business Telecommunications

Increasing competition and the lowest net increase for six years had already put pressure on Australia’s mobile carriers even before…

Breaking IT News

ANATAS named as a winner in Software AG Partner Awards

10 April 2020 in Cloud

VENDOR CONTRIBUTION*: Service integration cloud services provider ANATAS has won the Hybrid Integration & API – New Logo Win of…

Nintex unveils enhancements to Workflow Cloud

10 April 2020 in Cloud

Process management and automation vendor Nintex, has announced significant enhancements to its cloud-first process automation solution - Nintex Workflow Cloud…

MMJ trading below net asset value; implies 150% share price upside

09 April 2020 in Listed Tech

ASX VENDOR ANNOUNCEMENT:  Cannabis stocks have had a challenging year with huge selloffs seen across the sector. Yet this presents…

Cohesity adds a quarter of a billion to capital

09 April 2020 in Deals

Data management vendor Cohesity has raised US$250 million in series E funding.

Dennis joins Board as sales director

09 April 2020 in People Moves

Decision-making platform provider Board International has appointed Nic Dennis as sales director for Australia and New Zealand.

realme releases budget smartphone for $269

09 April 2020 in Mobility

Chinese phone manufacturer realme has launched a budget smartphone in Australia, with the realme C3 costing just $269 and available…

Online job ads take a hammering due to coronavirus pandemic

09 April 2020 in Recruitment

National job listings on the online site SEEK declined by 65.3% during the week that ended on 5 April, the…

Sydney Broadcast Services business expands network, creates new opportunities

08 April 2020 in Storage & Cloud Storage

VENDOR CONTRIBUTION: MediaHub used to cater to the Australian broadcast industry and over the years has transitioned into providing cloud…

Empired appoints Darren Stahlhut to customer experience team

08 April 2020 in People Moves

IT services provider Empired has expanded its customer experience team with the appointment of Episerver executive Darren Stahlhut as national…

TCL announces new 5G router, heart-rate monitoring earphones

08 April 2020 in Hardware

Close on the heels of releasing its first self-branded smartphones, TCL Communication has announced four smart connected devices: a 5G…

Vodafone offers new plan for financially-affected customers

08 April 2020 in Mobility

Vodafone Hutchison Australia will introduce a temporary $10 per month mobile subscription plan from 20 April onwards to help customers…

Israel used one zero-day in cyber attacks since 2012: claim

08 April 2020 in Security

Israel has used just one zero-day vulnerability in attacks it has crafted during the period 2012-19, if research by the…

Red Hat appoints Cormier as CEO, Whitehurst to head IBM

08 April 2020 in Open Source

IBM-owned open source provider Red Hat has appointed Paul Cormier as its president and chief executive, succeeding Jim Whitehurst who…

Git version control system hits 15 year milestone

07 April 2020 in The Linux Distillery

Happy birthday, Git. The open source distributed version control system was first released on April 7th 2005, and thus today…

Solving the Top Four Digital Transformation Challenges

07 April 2020 in Strategy

GUEST OPINION* by Nicholas Hollings, Equinix: Most enterprises understand the digital imperative but face significant challenges on the path to…

Myriota raises $28m in series B funding round

07 April 2020 in Space

South Australia-based Myriota, a connectivity provider for nanosatellite Internet of Things devices, undertaken a $28 million series B funding round…

Consumer IoT vendors seen growing 10% in 2020 despite pandemic

07 April 2020 in Internet of Things

Wearable bands, smart personal audio devices and smart speakers will show growth of 9.8% to 718 million units in 2020,…

TCL announces first self-branded smartphones; one 5G model

07 April 2020 in Mobility

TCL Communication, better known for its range of cheap television sets, has announced its first lot of self-branded smartphones, the…

The Wine Collective connects with Boomi

07 April 2020 in Business Software

Wine merchant The Wine Collective (TWC) is using Boomi to integrate its diverse applications and to connect with third parties…

Staying Strong Amidst Constant Cyber Threats

07 April 2020 in Security

VENDOR CONTRIBUTION: The last decade has seen a phenomenal rise in all forms of cyber related activity. 

Review - GIGABYTE AERO 15 OLED performance laptop for gamers and creatives alike

06 April 2020 in Computers & peripherals

Taiwanese-based GIGABYTE Technology has long been well-known for its motherboards and video cards. The AERO 15 OLED is among its…


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Tuesday, 23 October 2018 16:56

VIDEO Interview with a DataRobot: Greg Michaelson talks AI, banking, machine learning and more


DataRobot is data science on steroids, a company built by data scientists with a "world-class automated machine learning platform to jumpstart your transformation to an AI-driven enterprise".

AI. Machine Learning. Big Data. Augmented Analytics. The Cloud.

These aren't just the buzzwords of the latter part of the second decade of the 21st century, they're the new reality, the new oil, the new gold rush that allows companies to use granular data in ways never before possible, to achieve results humans could never achieve alone.

One of the companies capitalising on this very real development, and not just a trend, is DataRobot, created by data scientists, and it is not only popular with its global customers, but has also received great press.

A recent article from Vulcan Post is entitled: "This AI startup is run by the world's top data scientists let's anyone build predictive models".

Another recent article from Forbes is entitled "DataRobot puts the power of machine learning in the hands of business analysts", while CMO from IDG's headline is "What machine learning has done for the Vigin Velocity program".

So, we had the chance to talk to Greg Michaelson, the general manager of Banking at DataRobot, who gave us his perspective on what the definition of AI is today in 2018, how advanced machine learning is today and plenty more as you'll see below, with a wrap of the questions, followed by a link to DataRobot's recent detailed 9-page eBook, 5 AI Solutions Every Chief Risk Officer Needs

I also asked Greg about the presentation he gave at a conference in Las Vegas, which was entitled "Automated Machine Learning in Insurance by DataRobot, featuring Greg Michaelson, GM of Banking at DataRobot, and Satadru Sengupta, CEO and Founder of Halos Insurance".

You can see that conference presentation via Vimeo here.

Ok, so here's the interview with Greg, with more below, please read on!

In the interview, I start by introduced Michaelson and welcoming him to the program.

We then started at the beginning, with Michaelson telling us a bit about DataRobot and how it started, what DataRobot does in 2018, and his role at the company.

I then moved on to DataRobot's definition of AI, and how advanced machine learning is today.

I noted that we've all heard that data scientists, machine learning, big data, the cloud, AI is the digital oil or gold of the 21st century, and vital for any organisation to take full advantage of, so I asked about some examples of the ways DataRobot's technologies and capabilities have helped customers transform their operations for the better.

I then asked Michaelson if he had any comments on the Banking Royal Commission underway in Australia, which has uncovered fraudulent and unethical practices in banking, insurance and the finance sector – within those organisations themselves, seeing as he is the general manager of Banking at Data Robot, and noted that these issues are "on top of the usual issues around security, fraud prevention and more that banks face from online criminals".

We then spoke about DataRobot's recent eBook entitled "5 AI solutions every Chief Risk Officer needs", with more information on that below. 

When then looked in more detail about AI and how we compare around the world, where AI will be in the future, great advice Greg has received in life, and his final message to iTWire viewers and readers.

You can also freely download DataRobot's new eBook, 5 AI Solutions Every Chief Risk Officer Needs, after free registration.

It's a detailed nine-page PDF ebook that "details the key ways risk managers can implement AI to see verifiable impacts on their bottom lines. Additionally, it introduces the DataRobot automated machine learning platform, which has already helped both regional and global banks build world-class AI capabilities".

In the ebook, you’ll learn about the five areas of risk management that banks can improve using AI, the challenges risk managers often face when implementing AI, how automation addresses these challenges and increases flexibility, transparency, effectiveness, and the ROI of machine learning initiatives.


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One of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.