AWS for Industries
Category: Artificial Intelligence
Seven Ways Technology Will Lead the Way for Ethical Commerce in Retail and CPG
Ethical commerce and technology are essential to a company’s survival. In the retail and CPG spaces, a company’s commitment to its stakeholders is not just expected; if done well, it offers a competitive advantage. The adoption of technology makes a critical difference in whether a company thrives or simply survives. Technology can play a larger […]
Broadridge Advances the Proxy Voting Data Process Using Artificial Intelligence on AWS
How does a company build a solution to a complex business challenge when the required technology and skills are new to the organization? Global fintech company Broadridge Financial Solutions (Broadridge) faced this question as it considered how to improve the operational efficiency of its Proxy Policies and Insights (PPI) tool. Broadridge has used Amazon Web […]
Derive AI/ML-driven insights from healthcare data using Amazon HealthLake
Last year, we announced Amazon HealthLake, a new HIPAA-eligible service for healthcare providers, health insurance companies, and pharmaceutical companies to securely store, transform, query, analyze, and share health data in the cloud, at petabyte scale. We launched HealthLake to address one of the key challenges that the health industry – from healthcare payers to life […]
Automating Wind Farm Maintenance Using Drones and AI
Introduction Turbine maintenance is an expensive, high-risk task. According to a recent analysis from the news website, wind farm owners are expected to spend more than $40 billion on operations and maintenance over a decade. Another recent study finds by using drone-based inspection instead of traditional rope-based inspection, you can reduce the operational costs by 70% […]
Intelligent automation for demand planning
Introduction Businesses need a unified real-time planning environment to optimize planning and democratize decision-making across lines of business and business activities, from strategic to operational levels. Machine learning (ML) can help increase the planning forecast accuracy. However, ML model outputs are not yet easy to use directly in business planning organizations. In this blog for […]
AI-Driven Visual Inspection of Wind Turbines Based on Drone Imaging
Introduction Keeping wind turbines operational also means keeping them well maintained. One of the steps in maintenance is regular visual inspection. Wind farm operation and maintenance companies started to utilize drones with attached cameras to perform visual inspections. According to a recent study, drone-based inspection reduces costs by up to 70% and decreases revenue lost […]
AWS is How: McDonald’s Transforms the Drive-thru Experience
Picking up food at a drive thru provides speed and convenience—but it can sometimes be stressful. When it’s your turn to order, you have to choose from dozens of menu items, trying to find exactly what you want, as the line of hungry drivers grows longer (and more impatient) behind you. What if, when you […]
How to Run What-if Scenarios for Trading Strategies with Amazon FinSpace
Introduction In an earlier blog post, we described an architecture for backtesting machine learning-based trading strategies on AWS. One of the key components in this architecture is the data management and analytics component. Depending on the specific use case, there are various options to implement this. Many companies adopt solutions based on data lakes and […]
FSI Service Spotlight: Amazon Lex
Editor’s note: This is the fifth in a monthly series for Financial Services Industry Service Spotlight. Read Part 4 featuring Amazon Transcribe Read Part 3 featuring Amazon Textract Read Part 2 discussing Amazon Comprehend Read Part 1 highlighting Amazon SageMaker Notebook Instances — Welcome to another edition of the Service Spotlight blog series. In this […]
Short-term Electric Load Forecasting with Amazon Forecast
Today, the majority of electric residential, commercial, and industrial (RCI) customers receive their electricity over electric distribution circuits called “feeders.” Electric distribution feeders originate at circuit breakers within a distribution substation, and serve many customers, as shown in the following graphic. To increase grid reliability, feeders are often configured to receive electricity from multiple substations, […]