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Using AI to improve business processes

Artificial intelligence (AI) technologies, an umbrella term that includes multiple technologies such as Machine Learning (ML) and Natural Language Processing (NLP), are being increasingly deployed across consumer, enterprise, and government markets around the world. AI/ML-NLP is driving greater product variety and enhancement with increased personalization, attractiveness and affordability, which in turn is stimulating consumer demand.

For many current business owners, not leveraging these opportunities means risking being leapfrogged by emerging counterpart businesses. The quickest way to leverage AI is to initially outsource the process. In addition to cost savings, expert third party experience is leveraged as to how to proceed in terms of what AI models to use, which tools to choose and the optimal implementation mode.

Services Business process improvements

Predict future demand, reduce product returns and recommend products with Machine Learning.

Summarize & classify text, extract entities and analyze text in terms of sentiment with NLP.
Custom AI software

Standard software development plus seamless embedded AI (ML / NLP) modules.

Web, mobile and client-server, Python, NLTK, C#/Vb.net, SQL, SQLite, Progress, Windows Azure.
Consulting and Strategy

Solve your technology related business problems and pain points.

Define your enterprise level AI strategy.

the Fortuit AI engine
Use cases / Engaging with Fortuitapps
Banking / Finance Banking is being challenged and is transitioning towards a more flexible and personalized service. Technology, new regulations like PDS2 (Open Banking Initiative) and Fintechs are creating a new banking landscape. Leveraging AI/ML-NLP technology is the answer that banks and financials can use to reinvent themselves and lead rather than follow technological innovation.

Personalized Recommendations, Chatbots, Non-Performing Loan Detection, Risk Management, Fraud Detection, Cybersecurity and Compliance are all areas where AI/ML-NLP can significantly improve or even reinvent operations.

In terms of trading, funds are increasingly migrating towards ML models that predict price fluctuations and improve themselves by adjusting to current market conditions while at the same time leveraging NLP to automatically identify relevant news, blogs and regulations.
Sales / Retail Given customer profiles, browsing interests and actual purchase patterns, AI / ML-NLP can be deployed to:

 • predict inventory requirements

 • predict return rates

 • identify customer intent

 • serve best matching products

Given data on what customers have frequently viewed, considered or purchased, a Machine Learning model can accurately provide item recommendations.

Business Process improvements through Data and Text Analytics
Our Data and Text Analytics service (ML / NLP) is provided as a structured process as follows:

• Assessment of current processes, technology and solution stacks
• Research of industry experience specific to your business
• Qualifying, evaluating and selecting an optimal ML Model
• Pre-processing of your data
• Agreeing on expected results and specifying how they will create value for your business
• Deployment of the Fortuit AI Engine with results available through its Web/Mobile Interface

Custom AI Software Development Projects

Our work is based on a structured process of software development with specific deliverables and strict adherence to schedule. Deliverables include the following documents and processes:

• Feasibility Study
• System Analysis Document
• Design Document
• Prototype Software
• Testing, Implementation
• Maintenance and Support

Consultancy and Strategy: AI Product Development Strategy

Deliverables include a strategy document structured as a potential implementation AI road map which starts with a general assessment of AI and then deep dives into the following:

• overall feasibility and risk
• pros and cons of the various AI approaches
• potential cost overview
• mobile delivery modes
• available commercial AI API's
• open source AI libraries
• bottom up AI development

Products / Portfolio
Algorithmic Trading
Fortuit AI Engine
Data and Text Analytics
Fortuit Shares
Registry / Investments
Banking / Back Office

H5 Ash Tree Court, Nottingham Business Park
Nottingham NG8 6PY,
United Kingdom

Email: support@fortuitapps.com
Call: +442036085246

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