Artificial Intelligence

The banking arena is not unfamiliar with terms such as Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), Data Analysis, and the like. Over the years, the banking and finance sector has been at the forefront to welcome technology for a complete workflow overhaul to optimize operations. The immense possibilities that AI offers for redesigning banking processes at every touchpoint have made the technology a cornerstone of the transformation of financial institutions. For…

Artificial Intelligence (AI) is smart enough to execute tasks that usually require human intelligence by learning from experience, or massive amounts of past data. Machine learning algorithms can be trained to look out for certain errors and automatically fix bugs during software development to ease the burden on software developers and improve a software’s time-to-market. In 2020, AI will only continue to grow sharper and more intelligent as it takes over the software development market.…

The proliferation of Industrial automation can be seen in almost every industry today, and the automotive industry is no different. Machine learning and AI has already started making an impact here, as we have seen: self-driven cars, for example. Many experts are already wondering if AI is already being overused – driverless cars have not gone down well with everyone. However, automation has several positive outcomes for the automotive industry: IoT technology and AI, collaborative…

The technological innovations in banking may change the way we knew and did banking, in the very near future. Nowadays we can already do a lot by never stepping into the bank – we can pay through debit cards, transfer money to another account, withdraw money, and even apply for a loan online. No more discussing with your banker face to face why you need a loan, or why you’re the right candidate for the…

Innovations in technology, especially in the digital world, have revolutionized our lives; it has brought immense information, shopping, healthcare, banking and more, at our fingertips. With digitization, many tedious and repetitive tasks can be automated, errors from human operation can be eliminated, and processes can be more convenient. Where healthcare is concerned, we have seen wide-ranging changes like virtual physician consultations, electronic health records, digital imaging, remote monitoring of patients through wearable healthcare devices, and…

Robots. The term is clichéd now. Most people think about humanoid machines with arms and legs just like humans when they hear the word ‘Robots’. However, the modern-day definition of the robot has completely changed in the past couple of years. In simple terms, robots are machines that mimic human work. They are machines that can be programmed to do certain tasks again and again. Robots have infiltrated our lives to the deepest levels. We…

Artificial Intelligence is changing our world as we speak. The modern-day AI technologies coupled with augmentation and digitization is creating a whole new reality for us. This reality, popularly known as the Augmented Reality (AR) is soon going to be the next big thing in the market. Scientists predict that within the next few decades humans will constantly switch between physical and augmented realities. We are already seeing the boundaries between these realities blur out with…