Blogs

The Trends Impacting Infrastructural Change
January, 2020

As once said by the famous management consultant Peter Ferdinand Drucker that, “the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” Similarly, there has been a huge transformation in the field of infrastructure and operation through the advent of the latest technologies. The focus is more on aligning the operative system and infrastructure with that of the business strategies implemented using artificial intelligence (AI), network automation or edge computing. There [...]

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A new banking industry with the advent of Internet of Things (IoT)
January, 2020

Gone are the days when there used to be long queues in banks due to manual processing. Today everything has become digitized to ease the process and create a rich customer experience. The entire process of banking has transformed into a method of customer engagement where customer touch-points are increasing in number along with a series of transformed customer interaction channels. Areas of noticeable transformation Although slow, yet the financial sector has embraced IoT to digitize the concept of retai [...]

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Future of digital healthcare
January, 2020

Innovation and technology are disrupting the traditional ethos of almost all industries. Healthcare is an industry with emergencies and criticalities, has readily adopted technological advances. Cloud-based storage systems and patient tracking devices have altered the method through which the healthcare industry used to operate. Factors contributing to the growth of the healthcare sector The healthcare IT solutions largely refer to electronic medical records, wearable medical devices, e-prescriptions, and [...]

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AI trends impacting enterprise growth
January, 2020

Our life is surrounded by the impact of artificial intelligence (AI), be it business operation or daily life. The AI trends mark the growth of the current market and project the latest advancements in the field of technology. According to secondary market research, the enterprise AI market is growing at a rapid pace and is expected to reach USD 22889.32 million by 2024, at a CAGR of 52.17 % by 2025. In fact, enterprises have started to experience massive improvement in the field of operational efficiency due to the involvement of AI. Solutio [...]

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Adopting a collaborative approach to enhance customer experience
January, 2020

Transforming the approach The world of retail business is undergoing a massive transformation which is reinventing the business model. Now, organizations are readily adopting technologies however, to gain the most from technology and innovation, different units within the organization must stay collaborated and connected in order to ensure seamless functioning and enriched customer experience. All the units of business must be linked with each other to create a satisfactory end result. Rather than focusing on the e [...]

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Online fraud detection – can AI help?
January, 2020

Fraud detection It is an overwhelming feeling of how the world is connected today due to digitalization. Hence, it has become essential to create a safe and secure environment for people to operate without falling prey to cyberattacks or fraud. The growing utilization of eBanking and mobile banking facilities has enhanced the chance of money laundering and fraudsters damaging reputation and economic loss for individuals as well as organizations. How AI helped in fraud detection?

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Impact of artificial intelligence in speech recognition technology
December, 2019

Speech recognition and AI When artificial intelligence (AI) evolved, it touched almost all facets of life and surroundings. Speech recognition is one such technology that is empowered by AI to add convenience to its users. This new technology has the power to convert voice messages to text. And it also has the ability to recognize an individual based on their voice command. Hence, this AI-powered speech recognition technology gained mammoth importance among tech giants such as Apple, Microsoft, Amazon, Google, Face [...]

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Is your company innovation ready?
December, 2019

Are we ready for it? The pace with which innovation and technology are evolving, are we ready for it yet? Do we get enough time to pause and reflect upon the new technology and relate its compatibility with the existing technology? Such queries are essential to adopt the emerging innovations completely and wholeheartedly. According to secondary research, about 70% of the senior leadership of any organization perceive innovation as one of the top focus areas of growth. This set goal is treated as a priority to gain [...]

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How does the future of automotive industry look like? - Want to know?
December, 2019

Innovation and advancement in technology touched and disrupted almost all industries including the automotive industry. 2020 is expected to follow suit in enhancing the development further and adopting more disruption. The automotive industry, in particular, is experiencing a slowdown in the economy. Such an economic crisis has led to deep structural changes in the industry. Big data, artificial intelligence, and cloud computing are setting trends for the automotive industry. In fact, the industry experts opined that by 2020, the a [...]

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Take a closer look into the future of IoT
December, 2019

As someone rightly said once that “I will not be impressed with technology until I can download food from the internet.” There is no end to innovation hence the world will continue to be mesmerized with the wave of the digital revolution. What makes IoT convenient? The internet has become the key factor in every industry and household connecting devices. Internet of Things (IoT) [...]

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