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Data preparation for machine learning: a step-by-step guide
Data preparation for machine learning: a step-by-step guide
Sep 28, 202411 min read


AI outsourcing: tips for choosing the right technology partner for your company
If your company hasn’t yet jumped on the AI bandwagon, here are a few compelling statistics to inspire your decision: Enterprises that...
Sep 19, 20248 min read


Calculating machine learning costs: price factors and estimates from the JustSoftLab portfolio
TL;DR Generally, machine learning development costs can start from as low as $10,000 and go upwards of $1,000,000 for a customized...
Sep 17, 202410 min read


How creating an AI proof of concept (PoC) can help you minimize AI development and adoption risks
Our client lost only a quarter of the budget they dedicated to an AI project because they chose to start with a proof of concept (PoC)....
Sep 12, 202413 min read


How using generative AI in finance leads to major cost savings and improved customer experience
McKinsey predicts that generative AI could add $200–340 billion in annual value to the banking sector, which would mostly come from...
Sep 11, 202410 min read


Evaluating the Cost of Generative AI for Effective Implementation in Your Organization
(TL;DR) The cost of implementing generative AI in a business can range from a few hundred dollars per month to $190,000 (and more) for a...
Sep 6, 202416 min read


Generative AI for Supply Chains: Pioneering a New Era of Efficiency and Sustainability
Recently, a complaint was filed against Volkswagen, BMW, and Mercedes Benz with the German Federal Office for Economic Affairs and...
Sep 2, 20249 min read


How Much Will AI Cost in 2024?
How much does AI cost? The JustSoftLab team estimates that you will spend at least $50,000 on an MVP version of an AI solution , with...
Aug 30, 20249 min read
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