Source – bbntimes.com Big data in the finance industry will help overcome major challenges, gaining valuable insights to improve customer satisfaction and overall banking experience. In today’s digital world, organizations generate and collect data to improve transaction processing. Vast chunks of data get assimilated daily and it is essential to maintain them securely while meeting security Read More
Tag: Digital Transformation
Source – indiatimes.com NEW DELHI: Country’s second-largest telecom service provider Vodafone India, in its strategic digital focus, is embracing Artificial Intelligence (AI) and Big Data technologies to enhance consumer experience. The UK-headquartered telco, in its digitalisation quest, seeks to deliver instant consumer services, in tandem with arch rival Bharti Airtel’s recent push to transform information Read More
Source – economictimes.indiatimes.com The phenomenal growth of cloud-based offerings such as Platform as a service (PaaS), Infrastructure as a service (IaaS) and Software as a service (SaaS) has resulted into bigger competition in the market, with the new addition being Machine Learning as a Service (MLaaS). Machine Learning has emerged as one of the fastest evolving Read More
Source – forbes.com Artificial intelligence might conjure images of a robotic Haley Joel Osment in Spielberg’s film AI, or it may make you think of Data from Star Trek. Yet the impact of artificial intelligence in everyday life is more understated and far-reaching than science fiction might suggest. Artificial intelligence has the potential to offer $15.7 trillion to the global Read More
Source – manilatimes.net Artificial intelligence (AI) is the use of computer systems to perform tasks normally done by humans. Our smartphones are packed with the most common AI applications. Visual perception: When I point my smartphone at myself with my family for a picture, a set of computational rules (called an algorithm) identifies our faces by Read More
Source – huffingtonpost.com Leading thinkers believe that AI will solve climate change, prevent all traffic accidents, and turn everyone into superhuman cyborgs. Then again, there are those who believe that AI could put almost everyone out of work, destroy the middle class, or become a Skynet-type military tool that destroys the world. Regardless of your personal view, neither the worst nor best case scenario Read More
Source – readitquik.com Digital transformation, the notion of harnessing advances in data science to create value, is being reimagined through applications of artificial intelligence (AI). Focusing AI on the field of intelligent content analytics, the world’s largest banks, technology companies and life sciences organizations are taking it out of the lab and putting it into the Read More
Source – cio.in From enterprises to power stations, hospitals and public transportation, the volume of real-time data generated is unprecedented today. Data has become a crucial part of the smooth functioning of business operations and is unleashing new user experiences and an unseen world of business opportunities. With the generation of more and more data, the Read More
Source – techtarget.com What can go wrong when a business is migrating to microservices? Plenty. Microservices implementations often derail due to poor planning and lack of self-evaluation, said digital transformation expert Eric Roch. And that preparation is just stage one. Implementing microservices calls for new methods of rewarding DevOps and business teams and handling technical areas, like change Read More
Source – zdnet.com Pervasive data science is becoming a core enabler of business innovation and competition. Given this importance, it’s worth examining the context of data science to consider its trajectory and future value. In my view, primary challenges around data science for business leaders comes from threesources: Business people do not always understand the power and implications Read More
Source – cxotoday.com The advent of artificial intelligence (AI) is taking the world by storm. It has made possible what was usually restricted to the domain of scientific fiction. According to the research company Markets and Markets report “Artificial Intelligence Market by Technology,” it is expected that the AI market would be worth USD 16.06 billion Read More
Source – digitalistmag.com Long gone are the days when customer service meant investing in a telephone system, hiring a team of contact center agents, and sitting by the phone waiting for the customer to call. The motto used to be, “If the customer is unhappy, they will call us.” Now it’s “What can we do today Read More
Source – commstrader.com As the wave of digital transformation and deep learning technologies continues to wash over the world of business, we are seeing significant changes in how companies are communicating with their customers. With a recent report claiming that the AI software market will grow from $1.38 billion in 2016 to $59.75 billion by 2025, it’s clear Read More
Source – pipelinepub.com Data is big business. As the saying goes, information is power, and this has never been truer than with traditionally hardware-focused companies shifting toward a software-based model. This digital transformation is happening across the board and is causing enterprises around the world to scramble in efforts to better grasp what’s happening on their Read More
Source – arstechnica.com Machine learning (ML) based data analytics is rewriting the rules for how enterprises handle data. Research into machine learning and analytics is already yielding success in turning vast amounts of data—shaped with the help of data scientists—into analytical rules that can spot things that would escape human analysis in the past—whether it be Read More
Source – enterprisetech.com There’s lots of talk about “Digital Transformation” as if it were something new, as if the concept were in its infancy. But in truth, digital transformation has been around for a while, and it’s acting less like a newborn than an awkward teenager with growing pains, giving its parents plenty of trouble. The Read More
Source – networkworld.com There’s no doubt that digital transformation (DX) is revolutionizing the way we do business, and cloud computing serves as a key cog in the DX machine. Cloud’s elasticity can indeed help digital businesses communicate more rapidly and increase innovation. But to extract full value from the cloud, companies must make sure that they Read More
Source – betanews.com Big data and analytics are topics firmly embedded in our business dialogue. The amount of data we’re now generating is astonishing. Cisco predicts that annual global IP traffic will reach 3.3 ZB per year by 2021 and that the number of devices connected to IP networks will be more than three times the global population Read More
Source – cio.com Monsanto CIO Jim Swanson has outlined five key elements of Monsanto’s digital transformation: customer centricity, internal business process disruption, technology and automation, data and decision science, and leadership and change management. He views all of those facets as integral to breaking through the “clay layer” of mid-level employees, present in every organization, who Read More
Source – itproportal.com Big data and analytics are topics firmly embedded in our business dialogue. The amount of data we’re now generating is astonishing. Cisco predicts that annual global IP traffic will reach 3.3 ZB per year by 2021 and that the number of devices connected to IP networks will be more than three times the global population Read More
Source – financialexecutives.org Few people will dispute that organizations have more data than ever at their disposal. But actually gaining meaningful insights from that data—and transforming these insights into action—is easier said than done. The bigger challenge, however, is how to effectively navigate through this massive amount of data in search for the right data needed to provide Read More