Category

Artificial Intelligence

Category

In the technology age, we are seeing dramatic shifts in the way companies run their businesses. Never before have we witnessed such incredible leaps forward, and with a rapidly evolving technological landscape, it is now as important as ever to stay on the bleeding edge. Among these technologies, artificial intelligence (AI), or “cognitive technologies,” are now being used across large and small businesses to increase productivity, efficiency, and accuracy, while providing customers with a better…

AI for retail is a concept that can be easily understood superficially. After all, artificial intelligence is pretty much an absolute necessity nowadays, whether its simple inventory management or complex customer service automation. However, many companies and business establishments have not yet leveraged this powerful AI technology tool. In fact, fully realizing its potential in commerce is still a cultural and traditional struggle. Corporate structures are usually still locked within the standard operative know-how of…

Artificial intelligence has the power to transform how banks operate. AI can change how banks do everything from interacting with customers to ensuring regulatory compliance.  Yet despite the fact that AI holds massive potential benefits for banks, use of AI also comes with its share of challenges. It’s important to be aware of both the possibilities and pitfalls if a bank intends to employ AI in its operations. The Importance of AI for Banks Why…