Looking Past the AI Hype: Benefits of Data Science Application in Financial Services
While the idea of modern-day Artificial intelligence (AI) has been around for years, rapid innovation in the last couple of years has led to immense growth and potential for AI. Today, chatbots and robots take the lead in AI headlines, highlighting their power to lower costs and the debate on whether they threaten jobs, or […]
Reality AI announces availability of Starter Kit based on Cross Domain Development Kit (XDK) from Bosch Connected Devices and Solutions
Reality AI, the development of artificial intelligence tools for engineers working with sensors, announced today the availability of a new product for R&D groups starting projects using accelerometry and vibration sensors. The Starter Kit enables engineers working on projects ranging from wearables for people to predictive maintenance solutions for machines to collect data quickly and […]
How to become savvier with your marketing by implementing artificial intelligence techniques
Gone are the days of guessing what each individual customer wants by researching demographic populations. Take inspiration from some of the largest tech companies like Amazon, Facebook and Google who are investing large amounts of money in machine learning and AI to predict what their customers want before they even know it. Learn how to […]
Info Edge is developing its tech muscle using artificial intelligence, machine learning to get smarter results
It’s not like Hitesh Oberoi to talk technology. Like any sales maven, the 45-year-old CEO of Info Edge has been numbers-driven. He hasn’t lost that FMCG fervour he discovered at Unilever India, where he worked for almost four years until late 1999. When he joined Naukri.com, Info Edge’s flagship business, which even today — with […]
Interview: The pursuit of loyal chatbots
AI Tech spoke with Alex Bunardzic, senior software developer at Staples, about the future of chatbots and the pursuit of their loyalty. “People spend a lot of their online time chatting either through SMS, Messenger, or other channels,” says Bunardzic. “Previously, it was the trend that people were spending more time on social media and that’s where businesses […]
How to Improve Brand Loyalty and Customer Experience using Artificial Intelligence
Retailers and business alike are leveraging new and emerging technologies to optimize customer experience, increasing customer loyalty. BRP Consulting, a retail management firm found “that 45% of retailers plan to utilize artificial intelligence (AI) within three years to enhance the customer experience” with 55% expected to focus on increasing their customer loyalty. By remaining at […]
Natural language processing market to break $22bn by 2025
The market for natural language processing (NLP) is set to top $22 billion (£17.3bn) by 2025, according to a report from industry analyst firm Tractica. The rise can be attributed to a wider variety of applications for the technology. While NLP is seen by many as a user interface technology today, Tractica argues, there is […]
How are Chatbots evolving the Retail Industry?
The rise of AI has been well documented over the past few years, and there are countless predictions about how quickly robots will take over the workplace. Chatbots have become a ubiquitous theme across almost every customer-facing industry, as businesses explore how they can incorporate the technology into their services and platforms, shaking up their […]
AI: Taking Relationship Between Companies and Customers to the Next Level
Placing the customer first by using a powerful customer relationship management (CRM) tool is key to the success of any business. Artificial Intelligence (AI) and its subfields such as machine learning and deep learning are emerging as key technologies to power next-generation CRM platforms. AI can sift through volumes of data from the web, social […]
Microsoft’s Seeing AI demonstrates how artificial intelligence can improve lives
Artificial intelligence can have a meaningful impact on improving the quality of life for some individuals, as demonstrated by Microsoft’s Seeing AI app. Seeing AI uses artificial intelligence to recognise objects and faces. The results are then described to a user to help them understand the situation around them – which is particularly useful for […]