Imagine being arrested for a crime that you haven’t even committed yet. Noted science-fiction author Philip K. Dick wrote about this possibility many years ago. His premise was that predictive analytics and massive computer power would allow law enforcement to predict, and stop, crime before the actual occurrence based on strong probabilities of it occurring. While Philip K. Dick’s vision of a dystopian future remains a distant possibility, parts of similar technology are actively used in the corporate environment. #-ad_banner-#Artificial intelligence, predictive analytics, and big data are no longer in the realm of science fiction. These high-tech skills, services, and… Read More
Imagine being arrested for a crime that you haven’t even committed yet. Noted science-fiction author Philip K. Dick wrote about this possibility many years ago. His premise was that predictive analytics and massive computer power would allow law enforcement to predict, and stop, crime before the actual occurrence based on strong probabilities of it occurring. While Philip K. Dick’s vision of a dystopian future remains a distant possibility, parts of similar technology are actively used in the corporate environment. #-ad_banner-#Artificial intelligence, predictive analytics, and big data are no longer in the realm of science fiction. These high-tech skills, services, and products are now a must-have to compete in today’s quantitatively driven corporate environment. However, these firms remain in their infancy, offering years of upside potential for savvy investors who can choose the right companies in the space now. The leading company in this sector is already up over 18% this year and has just posted strong third quarter results. Even better, its share price has set it up to be an ideal buy candidate. Let’s take a closer look. Nice Ltd (Nasdaq: NICE) is an Israeli-based, $4.2 billion-market cap big data/artificial intelligence company. The shares trade in the United States… Read More