Fueling Oil and Gas Industry with Artificial Intelligence

Oil or the aptly nicknamed “black gold” has been fueling humanity for nearly five millennia. Since it was discovered that kerosene could be extracted from crude oil, the demand for petroleum skyrocketed and by the early 20th century, it became one of the most traded commodities in the world market. Its many applications have made […]

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Leveraging AI for better customer retention

One motto all businesses live by is “the customer is king”. Why? Because retaining customers is six times cheaper than acquiring new ones. With the advent of the Fourth Industrial Revolution, many technologies that were once thought of as “ahead of its time” or “impractical” is now gaining traction and one of those technologies is […]

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How Hybrid AI conversational tools can increase your sales

A critical factor that indicates the performance of any business is its bounce rate. For online businesses, bounce rate refers to the number of single-page sessions compared to all sessions on the website. For offline businesses such as retail stores, it is measured as the ratio of store visitors who did not make any purchase against the total number […]

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Taking Customer experience to the next level with Artificial Intelligence

In this highly competitive business world, only businesses and enterprises with a focus on customer satisfaction can thrive in the long run. With the traditional practices to improve customer experience are getting obsolete, organizations are seeking newer approaches to enhance their customers’ experience. In this context, many companies are adopting newer methods to improve customer […]

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How AI and IoT is Transforming the Trucking Industry

Internet of Things (IoT) is finding a lot of practical applications in supply chain management. In combination with AI, IoT can be used in a number of high-tech applications that has been transforming the trucking industry. AI-enabled IoT in Logistics Management has taken the leap from theory to operational reality in a number of significant ways. […]

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How AI can optimize your business management

How often do you get bogged down with monotonous and repetitive work? If your answer is often, then you know how it is. Your creative juices will dry up in the snap of a finger. In this highly competitive digital world, companies are desperate to find the entrepreneurial spirit that is necessary to remain competitive […]

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How real time video analytics can benefit your organization?

The global CCTV market is expected to reach $23.5 billion per year by the end of 2014. We are heading to a future where almost ‘everywhere’ is under constant surveillance of a digital eye. The data that we get from all there cameras, CCTVs are beyond the limit of human analysis. It is, in fact, […]

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AI based product categorization: An end to e-tailers’ plight

In the crudest layman terms, product categorization is the use of various words or tags one would use to search and locate a particular object in a repository of various different objects. For instance, one of the most trusted and inseparable companions of people today, the smartphone can be broadly categorized as an electronic device, […]

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What is RPA and how is it different from AI?

Let’s demystify Robotic Process Automation (RPA) and what and where RPA and AI are more applicable. RPA is a software that copies human behavior or actions, whereas AI is a broad term where a machine simulates human intelligence such as sensing things, making deductions and communicate. The keywords here are – actions vs intelligence. However, […]

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How can AI enhance the hospitality industry?

In the 21st century, industries that are hesitant to integrate new technologies are likely to regress in their course of development. Businesses across the globe are integrating the latest technologies to stay ahead of the competitors. The last decade has seen a vast number of innovations and breakthroughs in the landscape of digital solutions. One […]

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How AI is transforming the retail sector

With the advent of e-commerce, store retailers have seen a considerable reduction in the footfall. Many tech pundits went as far as to say that physical stores would be shut soon, but the reality wasn’t as drastic. Physical stores continue to and will always be around as long as they are able to offer a […]

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How AI in Human resource management can help make your workplace 10x efficient?

Did you know that any organization, irrespective of the industry, have to spend an average of 6 to 9 months of an employee’s salary to replace them? This is a finding by the Society for Human Resource Management (SHRM), the world’s premier HR membership association. Here’s another fact that’ll shake you up; according to Deloitte, […]

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