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Showing posts from January, 2022

AI Reinventing Human Resource Sector

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  The hybrid way of working has resulted in a massive shift in the way organizations are leveraging AI  technology to adapt to the virtual way of functioning with teams. The machine learning in HR Analytics builds user-based algorithms which ease out critical tasks considered mundane. The deployment of  Artificial Intelligence in  Human Resources is probably a way for the sector to unburden the managers from day-to-day repetitive tasks in  HR. The impact of using AI and MLOps in organizations re-imagines the life cycle of employees is empowering the decision-making processes. The advancements in  machine learning in human resources are viewed as an opportunity that can make smarter data-driven decisions. The automation of processes with AI-based analytics enhances under-utilized data sets and gives deeper insight into hiring talent. AI-infused chatbots allow companies to use  AI in  ...

AI Redefining Hospitality Sector

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Artificial Intelligence is changing the landscape of  Hospitality Sector. The hospitality industry has realized that customer services with accurate insights are valuable to differentiate the brand positioning. Therefore, today intelligent robot concierges driven by AI to serve customers or do a few minuscule tasks have become a reality. ChatBots or  Virtual Assistants manage online chats and direct messaging are helping to target potential customers to ensure the best possible services for the guests. These conversational tools improve productivity, decision-making and sustain good practices in the hospitality industry. The autonomous agents with language translation can frictionlessly manage online promotions and book destinations keeping you informed of the filtered features deployed together with other social and necessary recommendations. The impact of artificial intelligence in the hospitality industry and the knowledge of machine learning in the hospitality in...

The ways AI is Impacting the Future Mobility

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  In many ways, the data is the fuel to drive into the  future of mobility  leading to smart business decisions worldwide. The mobility sector creates a large amount of data regularly due to the rise in populations and changing consumer behaviors. To compete in the fast-paced environment it is vital to analyze and create insights from unstructured data which help the mobility planners to analyze and plan innovative strategies for healthy growth in cities. Organizations use big data analytics and AI to create data processing and analysis solutions to handle and analyze enormous amounts of data. This helps mobility companies in fleet management, predictive maintenance, vehicle data monitoring, and tracking. Big data, for example, enables organizations to provide a platform for road safety and management with the necessary real-time data and support for the citizens.  AI and machine learning (ML) algorithms  are rapidly advancing, becoming more functional and a...

AI Equation in Health Care Industry

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The H ealthcare industry  is the fastest-growing sector as artificial intelligence and machine learning in healthcare brings changes and how we perceive human health. AI-enhanced diagnostics to surgical robotics, neural networks in drug discovery, machine learning in healthcare projects helps in informed decision-making. Pharmaceutical giants and healthcare providers combat human health through various  d eep learning   innovations  as  AI  technology is in the process of evolving across variable touchpoints. One of humanity's greatest challenges today is to provide quality access to rural and low-income settings for simple diagnoses for patients. The understanding of day-to-day patterns of a patient, the benefits of artificial intelligence used in the healthcare eco-system is vast. The future of machine learning in healthcare for new techniques in diagnosis processes is helping  AI  programs take treatment protocols that help in patient monitorin...

AI Infusion in Fast-Moving Consumer Goods

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  Artificial Intelligence AI in FMCG Industry helps to gain actionable insights and create great experiences for the end-users. The customer journeys have migrated to online platforms that can map out compelling promotion of consumer goods for the buyers. Any inquiry or customer request generates a data set that is decoded into understanding consumer behavior. It helps in micro-targeting and establishing conversational-AI strategies for the FMCG sector. Machine learning use cases in FMCG from raw materials to finished goods to directly delivering to end consumers are optimizing the FMCG Businesses. Good usage of data enhances shopping experiences and gives insights into sales forecasting, product placement, and much more. It is getting increasingly challenging for CPG in the fast-moving consumer goods sector to sustain profits if not integrating artificial intelligence to streamline the value chain. AI can categorize market segmentation for retail stores and customers based on demo...

AI Evolution in Finance Sector

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  Financial Services  with the help of machine learning platforms can make better lending decisions. Investing in technology in  Financial Sector  makes it more equitable to analyze and determine loan eligibility, credit scoring for the mortgage, business, or consumer lending faster. Intelligent automation is helping financial firms to revolutionize regulatory payments and make smarter underwriting decisions that are more accurate and assess traditional methods of underserved borrowers, in decision-making processes. The digital transformation in the financial service sector optimizes financial claim efficiencies, by delivering better customer experiences. The AI mechanism for quantitative trading uses large data sets to make strategic trades which helps in automatically rebalancing the portfolios. With the advent of digital robo-wealth-advisors the customer’s financial goals, spending habits analysis the  Wealth Management  division make decisions easily. A...

AI Challenges in Energy Sector

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The modernization of the  Energy  Sector can gear up for the future by using Artificial Intelligence (AI). The industry has a lot of data and, to make it more efficient it needs in-depth machine learning in energy consumption. BigData  insights improve the forecast of power grid overloads, demand, and perhaps possible failure in the future. Predictive analytics can reduce run-time errors as paid out and failures to detect incur high costs. The real-time alerts can help stabilize the  Energy Consumption  and the  Energy Efficiency  will rise as will detect and resolve the issues as soon as possible. AI-aided mechanisms, in energy and renewable energy systems, will be able to forecast demands and be able to dispatch the resources as and when required by energy providers. To maintain grid stability, optimize plant resources, and schedule maintenance AI helps to create algorithms to predict remarkable power output aiming at net-zero future, low carbon im...

AI Transformation in Electronic Systems Design and Manufacturing

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  The digital culture is propelling all sectors to thrive by profoundly reshaping almost all industries to use AI, Machine Learning, and Robotics. The Electronic System Design & Manufacturing industry  ESDM  covers aspects of mechanical and electronic product design and streamlines the entire process from product inception through to manufacturing. The pressure on the  ESDM  industry by tech-driven giants continues, the possibilities seem boundless, fast-track changes in the  ESDM  industry also present many challenges and risks. Therefore companies must adopt sound AI transformation strategies that optimize and address the complexities for design teams to build next-gen multi-domain systems. The electronic design and manufacturing services companies need to introduce top-of-the-line products at a much lower cost and should be able to launch as first in the markets. ESDM  industry deals with complexities from the inception of design to manufac...

Automate & Uncover Accelerated Insights through Augmented Analytics

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Augmented analytics assist in generating actionable insights from data and result in the deployment of these insights in decision-making and planning business strategy to benefit the growth of the organization.  What is Augmented Analytics and how does it work?  We know data is the utmost asset, it is generated on an everyday basis from a variety of sources. Manually analyzing and processing raw data to derive relevant insights is often a time-consuming and multi-step procedure. To have a well-informed understanding, the foremost step is to comprehend the data and recognize the requirements. Hence the concept of augmented analytics comes into place to ease the process using the latest intelligence along with storytelling and automation. Augmented analytics is the segment of analytics that uses assistive technologies such as ML and AI algorithms. These tools involve an extensive variety of data science techniques, including records mining, statistical modeling, gadget lear...

Innovation in Consumer Durable

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As the world is shifting to more digital culture, for the  Consumer Durables Markets  the industry is adopting Artificial Intelligence  AI  in these unprecedented times is a must. The  Consumer Durables  companies are looking to eliminate manual processes and harness  AI-powered immersive interfaces to give delightful  UX  user-centric experiences. The challenges faced by the Consumer Durables industry are getting more bigger and demanding by the end-user. With the help of customer data management and analysis, companies have effectively adopted an AI aided decision support system. AI helps with new  Innovations  and fulfills the needs of price-conscious and tech-savvy customers. Manufacturers of  Consumer Durable Products  must understand how technologies like  Speech Recognition ,  Natural Language Processing   NLP , and Computer Vision may help them run their businesses more efficiently and interact with ...

AI DISRUPTION IN BANKING SECTOR

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  Artificial Intelligence   (AI) is reshaping the banking industry and changing how the banking sector is systemizing its functionality. The banks are  focusing  on customer-centric tech-driven applications to deliver seamless experiences. For the   digital millenials   mobile banking ,   ebanking , and real-time money transfers on a click of a button anytime anywhere is an expected norm. Though comes with a cost for the banks due to the increased transfer of confidential information is shared over virtual networks that are vulnerable to cyber-attacks. The impact of   AI   in the banking sector like Predictive Analytics, Chatbots, Biometrics Fraud Detections, and Voice Recognition fosters healthy growth. That said, requisite agility in hybrid banking infrastructure, the higher automation will scale up customization, and distinctive omnichannel experiences will add new growth opportunities for the banks. To accelerate and amplify the rise of e...