Business Intelligence & Data Analytics in Retail Industry

The traditional data analytics in retail industry is experiencing a radical shift as it prepares to deliver more intuitive demand data of the consumers. The rise of online shopping may have a major impact on the retail stores but the brick-and-mortar sales aren’t going anywhere soon. According to Euromonitor International, it is projected that 83% […]

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What banks can do with AI today for a better tomorrow

Artificial Intelligence and its growing influence on individuals and businesses are one of the most widely discussed topics of the world today. These days, we are witnessing artificial intelligence transforming businesses in nearly all industries to perform far more efficiently. Artificial intelligence in the banking industry or BFSI, in general, opens up a new world of opportunities that […]

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Accelerating Retail Growth with Business Intelligence and Data Analytics

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 down eventually, but the reality wasn’t as drastic. Physical stores continue to and will always be around as long as they are able to offer […]

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Intelligent video analytics for improving business intelligence & security

AI based intelligent video analytics is one of the widest used technology in the business world. Intelligent video analytics transforms data gathered through video surveillance into real world results. The success of any organization is determined by how that organization understands its customers and employees. The more you know about your customers, the better chances […]

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How AI Adoption By Enterprises Will Create More Jobs Rather Than Destroy Them

The rapid rise of Artificial Intelligence (AI) and its widespread application has benefitted industries around the globe. AI has endless possibilities in industries like manufacturing, communication, and design, to mention a few, and is only expected to make more waves in the future. As with any drastic change, a good number of workers and business […]

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Artificial Intelligence For Enhancing Business Security

If you are a business owner, you already know the importance of business security. Most of the businesses are just one ‘security mishap’ away from a temporary or a total failure. Security mishaps come in different sizes and shapes, such as the occurrence of fire or thefts happening inside your business premises.  All these mishaps […]

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Role of AI in optimizing business management

How often in business management do you get bogged down with monotonous and repetitive work?. If your answer is often, then you might know the role that AI plays in proper Business Management. Your creative juices will dry up in the snap of a finger unless you depend on AI solutions. In this highly competitive […]

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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 for better sales

Hybrid AI conversational tools influences the performance of any business through 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 […]

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