Automation of tasks is the delegation of repetitive tasks to a machine to free up time and energy for other more meaningful work. Automation can be as simple as scheduling reminder emails to clients at the end of every month instead of doing it manually every month. You can also pay your bills and make […]
The world is still at a relatively early stage regarding artificial intelligence and machine learning compared to other technologies, such as the Internet. The business world is already cognizant of how radically these technologies can impact business functions. The two technologies heavily rely on Big Data, which has exploded as more devices become part of […]
According to McKinsey & Company, at least 2 in every 3 businesses are testing at least one automation solution for launching. Currently, 31% of all businesses have at least one process full automated in their workflow. Business process automation could refer to simple repetitive tasks being taken over by simple technology. It can also involve […]
Big data and big analytics are common buzzwords in multiple fields including sports, governance, banking, investments and more. For more than 7 decades now, companies have known that data can be a source of great insight and competitive advantage. During the early years of using computers, businesses would look at numbers in spreadsheets manually and […]
Deep learning is a type of machine learning and artificial intelligence. It emulates the way humans gain knowledge from observing a task or data repeatedly. Deep learning enables computers to recognize, classify, and make predictions. The evolution of artificial intelligence began with the idea that it was possible to make computers take on tasks that […]
Conversations around artificial intelligence always highlight the ability of AI to automate complex processes that would otherwise depend on human resources. By unlocking this possibility, AI continues to enable businesses to operate more efficiently. Through the next decade, AI will represent a key priority area for CIOs across the corporate world. Businesses have a chance […]
What is Artificial Intelligence (AI)? If you’ve picked up your phone today or gone on social media, you’ve used Artificial Intelligence without realizing it. Facebook uses AI to detect faces, advertising based on personal interest, and boost posts you are most interested in. Apple uses facial recognition to unlock certain iPhones, have the personal assistant […]
Businesses today are taking advantage of emerging enterprise solutions to take care of repetitive tasks while improving cost efficiency. Almost every organization today is using at least one example of business process automation. In fact, the use of artificial intelligence solutions stands at 40% of all organizations. History of Process Automation Humans have always been […]
Managers often struggle to visualize the relationship between data science, analytics, and their business’s bottom line. However, data scientists will argue that there limitless ways to leverage analytics in business. The US spends the equivalent of 18% of its GDP on healthcare. If the US can find a way to increase efficiency and save 1% of […]
Even before the COVID-19 pandemic struck, artificial intelligence (AI) and machine learning were topics on everyone’s mouth. There have been numerous conversations regarding the realm of possibilities that these two technologies can enable humans to achieve. Already 77% of devices in our daily lives use some form of artificial intelligence (AI). The events of 2020 […]
