Consumer-facing digital channels are set to embrace the power of AI and machine learning to offer better experiences. Alongside this, businesses are adopting new AI capabilities within their operations to help catch up with the pace at which data needs to be analyzed and processed to meet customer expectations. Although entrusting AI systems to handle […]
According to Gartner, enterprises leveraging AI systems will add an additional business value of over USD 2.9 Trillion by 2021. Today, AI is no longer an experimental prototype that companies show off to the world during tech events, but a mainstream component of customer experience. From smart assistants on mobile phones like Siri, Google Now, […]
The COVID 19 pandemic has been a disruptor of traditional business environments, but it is hailed as one of the biggest accelerators for the digital economy. A KPMG study of some of the most influential CEOs of global organizations showed that nearly 80% of them opine that the COVID 19 pandemic has accelerated digital transformation […]
Innovations in AI technology are finding promising applications in the healthcare industry. For example, today certain AI models can detect cancer with far more accuracy than humans. Moreover, the use cases of Artificial Intelligence in the health sector earned revenues of $633.8 million in 2014 and estimates $6,662.2 million in 2021 at a compound annual […]
As AI is making its mark, revolutionizing all industries, it is time for the insurance companies to jump on the bandwagon. AI can offer several uses for the insurance industry, from simplifying claims management to enhancing customer experience. In this article, we discuss the A to Z of implementing AI in insurance companies. Artificial Intelligence, or in short […]
Live sporting experience from a smart stadium is always mesmerizing. The cheer of the people to the flashing blue and white jerseys of your favorite sports team is a thrilling experience of a lifetime. But the spread of coronavirus pandemic across the world has left a devastating impact in its wake. Unsurprisingly, the sports industry […]
Artificial intelligence or AI technology — what remained as a fantasy that existed just in books & movies is a reality today. Applications of AI have exponentially grown and have penetrated almost every industry. It’s just a matter of time for AI-enabled machines to replace humans in all the mundane jobs. Soon, AI bots would […]
Optimizing business management processes is never-ending and hectic. You always have room for more optimizations and improvements. What if Artificial Intelligence can help us to optimize business management?
Recently, we had an opportunity to help one of the prominent banks in Indonesia to solve a problem they faced in the cheque clearance process. The process involves verification of the authenticity of the signature in the cheque, which is a time-consuming process and often overlooked by the clerks. Simple mistakes in signature verification could […]