Mistakes to avoid while implementing ai solutions

Mistakes to avoid while implementing AI solutions

Introduction Defining a right approach towards AI implementation is the key for successful deployment. It is feasible to think on the possibilities of what AI can do, but the groundwork required to make it happen could be the very first challenge. No organization would like to see failure at the deployment stage, as the loss […]

intelligent document archival with AI automation

Using AI automation to rethink document archiving

Introduction The era of digital transformation has inspired many organizations to re-think how they align their actions towards their business goals. Document management is one area where technology is changing the game by giving organizations the ability to automate their document management processes and reduce costs. As the volume of electronic information continues to rise, […]

IPA for non-banking financial companies

How can AI and IPA benefit the non-banking financial companies (NBFCs)

Introduction  Over the past few years, the Financial Services (FS) sector has witnessed a reduction in expenditure required for carrying out processes related to customer transactions. As more information is exchanged between channels, new data keeps accumulating. Even with the adoption of new digital technologies, many non-banking financial institutions struggled to cope with this shift […]

Artificial Intelligence transforming BFSI

How Artificial Intelligence is transforming BFSI at a global level?

Artificial intelligence (AI) has made significant inroads in several industries. The Banking, Financial Services, and Insurance (BFSI) sector is no exception. From streamlining processes to providing personalized services, AI in BFSI is helping organizations to improve their operations and better serve their customers. In this blog post, we will look at some of the ways […]

Responsible AI and Ethical AI for businesses

Key Aspects of Responsible AI and Ethical AI that every business should know

Introduction  Responsible AI is the practice of designing, developing, and deploying AI with a good intention to empower employees and businesses. Whereas Ethical AI is the branch of ethics of technology that is specific to Artificial Intelligence systems.  By adopting responsible AI, organizations can allow a positive impact on customers and help them inculcate the […]

ai-based ecosystem

How to build an AI-based Ecosystem for business process automation

Introduction – The need for an AI-based Ecosystem  AI has gradually emerged as a strong technology used in different businesses to enhance daily work operations. As Artificial Intelligence evolved over the past few decades, its scope of operations also expanded, thus making this technology viable for introduction in diverse work areas in businesses. This vast […]

customer-success-management-rich-customer-experience

Importance of AI customer success management after delivery and deployment

Introduction – The need for customer success management practices With the increasing penetration of Artificial Intelligence in the business world, it becomes imperative for AI products and solution companies to engage their clientele in different post-deployment practices. According to Gartner, only 53% of AI projects make it from prototypes to production, which means most companies […]

Can AI and humans co-exist at the workplace?

Several recent studies have revealed that AI and humans working together are expected to create wonders in the workplace environment. In fact, as per a recent survey by Automation Anywhere, about 72% of workers believe that AI and business automation strategies will help them perform better at work, further giving them confidence in not being […]

AI trends in 2022

Are AI trends in 2022 living up to their expectations?

AI trends in 2022 Industry and market experts, CIOs, and even PR agencies have all given a variety of opinions about how AI applications are performing in different industries. As per a poll by Toolbox, about 42% of tech professionals say that Artificial intelligence will be the biggest overall technology trend for 2022 [1]. However, […]

AI is not complex for businesses

Artificial Intelligence is now more within reach for your business than ever

Long gone are the days when Artificial Intelligence (AI) was thought to be a futuristic technology that was only used in research & development, scientific organizations, and military purposes. In fact, AI is now used more commonly than the general assumption of it being a tech that is still in its nascent stages [1]. In […]