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ACMA sets new rules to help prevent ‘unexpectedly’ high mobile bills

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New rules to help prevent unexpectedly high mobile phone bills have been imposed on the telecommunications industry by the Australian…

M&A deals total US3.25 billion in value for Q3 in UK

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Telstra’s Belong to market SPACETALK

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09 December 2019 in Listed Tech

Australian 3D printing business, Amaero International, has listed on the ASX following a capital raising of $8 million.

SA Power Networks teams with Microsoft to develop digital strategy

09 December 2019 in Energy

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Healthcare services provider Opyl launches on ASX

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RMIT boosts space sector involvement with Thales joint research deal

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Optus, Seven Network team up on Tokyo Olympics broadcast deal

06 December 2019 in Business Telecommunications

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Indonesia tops global smartphone market growth with 11.3 million shipments in Q3

06 December 2019 in Business Telecommunications

Smartphone shipments in Indonesia are growing the fastest among the world’s top 10 global smartphone markets, reaching 11.5 million shipments…

ACMA bringing in new rules to prevent mobile number porting fraud

06 December 2019 in Business Telecommunications

Australia’s telecommunications regulator ACMA is stepping up its crackdown on scams perpetrated over mobile phone networks with plans to introduce…

nib, Cigna launch joint venture healthcare company

06 December 2019 in Health

Australian-listed health fund nib Group has launched a new specialist healthcare data science and services company in a joint venture…

Man-in-the-middle attack used to steal money sent from VC to start-up

06 December 2019 in Security

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Telsoc welcomes Government departmental restructure

05 December 2019 in Business Telecommunications

Australia’s Telecommunications Association (Telsoc) has welcomed the Federal Government’s public sector restructure, including the combining of the communications and infrastructure…

Government announces widespread public service restructure

05 December 2019 in Strategy

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CERN selects Juniper Networks to increase data centres capacity

05 December 2019 in Data Centres

The European Organization for Nuclear Research (CERN) has deployed Juniper Networks networking solutions to increase the capacity of its data…

Building CIO influence in 2020

05 December 2019 in CIO Trends

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NZ Rugby using AWS for game play analysis

05 December 2019 in Deals

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Vocus inks new oil & gas market contract

05 December 2019 in Deals

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Breaking IT News

FTS Group picks up Galaxy 42

09 December 2019 in Strategy

Australian technology conglomerate FTS Group has acquired a majority stake in Melbourne-based application consultiancy Galaxy 42.

O'Brien bags regional role at Board International

09 December 2019 in People Moves

Decision-making platform provider Board International has appointed Chris O'Brien to the new role of regional sales manager for Western Australia.

Rath runs region for Snowflake

09 December 2019 in People Moves

Cloud data specialist Snowflake has appointed Chris Rath as regional director.

GREAT BEAR RAINFOREST 3D EXCLUSIVELY IN IMAX - will be presented in IMAX 4K LASER DIGITAL

06 December 2019 in Entertainment

Opens 2nd of Jan 2010 A magical environment. Unchanged for 10,000 years. ITWIRE IS A PROUD SPONSOR OF IMAX. Journey…

New Chrome plugin to detect privacy risk on websites

06 December 2019 in Security

Ahead of the holiday season, cloud application security firm Instart has released a plugin for the Chrome browser that can…

Creative goes for gold with new Outlier Gold

06 December 2019 in Mobility

Creative Technology's new Outlier Gold earbuds are the first to support the Super X-Fi feature of the SXFI app, according…

IP camera users failing basic security hygiene: claim

06 December 2019 in Security

IP surveillance vendor Genetec has warned that more than two-thirds of security cameras may be running superseded firmware, leaving them…

How Enterprise Ethernet is driving global expansion from rural Tasmania

05 December 2019 in Internet of Things

SPONSORED NEWS. Tasmanian online business, MyTyreSite, was doing well before discovering Enterprise Ethernet, a symmetrical high-speed Internet service from TasmaNet.…

The Rafters family coming back on Amazon Prime

05 December 2019 in Entertainment

New episodes of Back to the Rafters will be Amazon Prime's first scripted Australian Amazon Original series.

Bayer Rosmarin promoted to top job at Optus

05 December 2019 in People Moves

Singtel has named Kelly Bayer Rosmarin as Optus chief executive designate.

Work starts on Macquarie IC3 data centre

05 December 2019 in Data Centres

Macquarie Telecom subsidiary Macquarie Data Centres has broken ground on its new Intellicentre 3 (IC3) data centre in Sydney.

Hamer joins Swinburne's Centre for the New Workforce

05 December 2019 in People Moves

Swinburne University of Technology's Centre for the New Workforce has appointed Ben Hamer as an adjunct industry fellow.

LastPass Identity gains passwordless option

05 December 2019 in Security

LogMeIn has revealed new features of LastPass Identity allow employees to log in without having to type their passwords.

No move to sue critics of Huawei, says firm's strategic counsel

05 December 2019 in Government Tech Policy

One of the partners of a law firm that has been appointed by Chinese telecommunications equipment vendor Huawei Technologies, as…

Salary packaging firm sending reset passwords in the clear

05 December 2019 in Security

Salary packaging firm AccessPay is sending users who ask for a password reset the new password in plaintext, an IT…

Fortinet and Unisys add to AWS security products

05 December 2019 in Security

Fortinet and Unisys have both made additions to their products aimed at helping AWS customers improve their security.

RMIT joins AWS CIC program

05 December 2019 in Security

RMIT University is establishing a Cyber Ready Cloud Innovation Centre (CIC).

ThoughtWorks appoints banking veteran Wolff as financial services head

05 December 2019 in People Moves

Australian software consultancy ThoughtWorks has appointed banking industry veteran Vic Wolff as its new director of financial services.

Beating Burnout: Tips for Work-Life Balance

04 December 2019 in Health

SPONSORED NEWS: When the highly successful American businesswoman and HuffPost founder Arianna Huffington physically collapsed from exhaustion, she turned the…

Review: Realme 5 and 5 Pro smartphones

04 December 2019 in Mobile devices

Following the original announcement of the release of 4 new realme smartphones, the realme 5 ($299) and realme 5 Pro…

Cohesity protects AWS Outposts

04 December 2019 in Storage

Data management vendor Cohesity has validated Cohesity DataPlatform and Cohesity DataProtect software on AWS Outposts.

 

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Tuesday, 23 October 2018 16:56

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

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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.

BUSINESS WORKS BETTER WITH WINDOWS 1O. MAKE THE SHIFT

You cannot afford to miss this Dell Webinar.

With Windows 7 support ending 14th January 2020, its time to start looking at your options.

This can have significant impacts on your organisation but also presents organisations with an opportunity to fundamentally rethink the way users work.

The Details

When: Thursday, September 26, 2019
Presenter: Dell Technologies
Location: Your Computer

Timezones

QLD, VIC, NSW, ACT & TAS: 11:00 am
SA, NT: 10:30 am
WA: 9:00 am NZ: 1:00 pm

Register and find out all the details you need to know below.

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Alex Zaharov-Reutt

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.