AI Use Cases
Evaluate customer credit risk by capturing consumer behaviour during online application process
Sales
Financial Services
Evaluate customer credit risk using application and other relevant data to improve accuracy and reduce unconscious bias in real-time underwriting decisions. Signals may vary - for example signs of hesitation whilst form filling may indicate a higher propensity for fraud.
Predict sales and optimise sales funnel actions
Sales
Use AI to enable predictive sales. Score leads and prioritise sales rep actions or other action most likely to push prospective leads further through the sales funnel (from prospect ID to completion). Sales reps actions and leads will be analysed according to sales process and potential customer response to suggest the next best action.
Monitor and analyse interactions between customers and sales to provide insights to support sales performance
Sales
Monitor and analyse interactions between customers and sales to provide insights to support sales performance. Likely to be most useful in highly structured, high volume calling situations.
Create lead generation contact lists through data scraping
Sales
Create contact lists for outbound communication through automated web scraping (e.g. of social network traffic, databases or websites) or filtering based on response and sourcing analysis. Note that this is increasingly encountering regulatory challenge (eg GDPR in the EU).
Identify performance and risk for pilots through flying patterns and other data
Risk
Transportation
Identify performance and risk for pilots through flying patterns and other data. Similar analysis can be done on road drivers although the data is inevitably more likely to be complicated by ground-level interactions that would be more traceable in the air (e.g. other vehicular movement).
Detect suspicious nautical vessel activity indicating overfishing or smuggling
Risk
Public And Social Sector
Using image and location tracking data to identify suspicious behaviour patterns by nautical vessels that might indicate, for example, over-fishing. This would also include multi-vessel activity to predict load transfer. Similar technological approaches might be used to identify other nautical malfeasance such as smuggling.
Detect fake biometric credentials
Risk
Public And Social Sector
The rise of biometric-based security systems poses risks that fake credentials - photographs, scans, copies or even post-mortem presentation - may be offered to fool security systems. Image recognition is used to scan for and observe minute differences that may suggest the credentials are invalid.
Predict hazardous locations and establishments based on open source data
Risk
Public And Social Sector
Location and establishments hazardous to consumers and individuals might include restaurants, illegal businesses, areas prone to crime and violence and others. Hazards may be medical, environmental, human-caused or other natural phenomena.
Identify items of concern in the mail
Risk
Public And Social Sector
Volumes of mail are such that it is almost impossible to consistently check for items of concern - whether smuggled drugs or packages of suspicious substances likes anthrax. Using X-rays or similar sensor technology large volumes of images can be processed to indicate which items of mail should be properly investigated.
Stress test biometric seurity systems
Risk
Professional Services
The proliferation of security systems reliant on biometric sensors creates a need for these to be stress-tested. One way of doing this is the creation of faked credentials to fool the system. Clearly there is also a potentially criminal aspect to this work.
Monitor vital signs through CCTV to detect abnormalities
Risk
Healthcare
Whether babies in cots, horses in stables or indviduals in hospital beds CCTV can be used to monitor behaviour, stance and audio to predict potential issues or healthcare related abnormalities. Predictive messages can then be sent to trigger human intervention. CCTV reduces some of the issues associated with wearables although clearly only works in defined spaces.
Monitor transport fleet networks in real time to ensure safety of passengers and drivers
Risk
Consumer Goods And Services
The roll out of peer to peer transport apps creates potential security risks, particularly in markets where personal checks on users and drivers are less developed. Automated systems will highlight beahvioural anomalies that may indicate a developing security or health situation and trigger both back-up enquiries and potentially further action.
Confirm animal identity through eye scans
Risk
Basic Materials
HIgh value animals can need identifying at critical moments - for example to ensure that the right horse has been entered in a race or has been provided to stud. Individual eye scans are kept on record and then a portable scanner can be used to ensure that the right aninal is present.
Search for and challenge inbuilt bias in algorithms
Risk
Search for inbuilt bias in algorithms will be a growing field. This will be driven by growing regulatory, press interest, consumer unease, potential legal challenge and a need to avoid black box AI. Management teams will also want to understand algorithm outcomes to ensure that the business is being optimised appropriately.
Real time high volume data management
R And D
Public And Social Sector
Even with advances in computing power there will come a moment when too much data has been gathered to be economically stored - for example during high spec science experiments. At that stage, in real time, machine learning can be used to help decide which data should be stored for analysis and which deleted.
Collate and evaluate site data for architectural planning
R And D
Professional Services
Capture, collate and visualise multiple sources of data to build projected site layouts for architectural purposes. Data sources will include geo-relevant public data sources, private data sets and potentially sensor data.
Collate data and evaluate potential architectural site remotely
R And D
Professional Services
Collate data from multiple sources (public, private and potentially real time sensor includng aerial or even satellite imagery) to build a clear visualisation of potential building site. Can be used to assess potential risks, visualise opportunities and project planning issues.
Analyse social media data to evaluate architectural or planning impact of new developments
R And D
Professional Services
Analyse social, traffic data to measure potential impact of new building developments. Modeled outcomes might indicate hazards (e.g. fire evacuation risks) or design features for consideration (e.g. siting of facilities etc)