5G connections are estimated to grow to 1.8 billion by 2025, according to GSM (Global System for Mobile Communications) Association. The 5G IoT market valuation stood at USD 1.5 billion in 2020, and is expected…
Cybercrime has shot up about 600% due to the pandemic, according to research by top Cybersecurity firms. As stated in World Economic Forum Global Risks Report 2020, cybercrime will likely cost the world $11.4 million…
Data security plays a pivotal role in the effective management of businesses across industry verticals. A business that emphasizes on the protection of employee, customer, and operational data against natural or man-made threats is more…
In the business world that exists today, it is a known fact that it is not easy to acquire and retain customers. Business leaders are always looking for ways to improve their processes to enhance…
The retail industry is being transformed by Artificial Intelligence (AI). Retailers, today can use AI to engage with their consumers and run sales and marketing plans more effectively, from utilising computer vision to modify promotions in real time to…
Studies have shown that Fortune 500 companies lose an average of $31.5 billion per year due to the failure of sharing knowledge across teams. This lack of proper communication and collaboration results in the formation…
Forrester’s Prediction 2021 guide states that “one in every four information workers will receive help from software bots or RPA in 2021.” The demand for robotic process automation is undoubtedly on the rise, and the…
Business leaders are well acquainted with RPA and are aware of the several benefits that automation could bring. From cutting down costs to improving customer satisfaction, RPA simplifies business processes and optimizes them. The widespread…
Artificial intelligence and machine learning discoveries have led to the development of software systems that can automate repetitive, rule-based operations of moderate complexity. Robotic Process Automation (RPA) is a type of process automation technology that…
In the last couple of years, the banking industry has seen more and more banking customers beginning to rely on digital banking tools. This phenomenon is mainly because digital banking makes it convenient for people…
Artificial Intelligence continues to transform industries by delivering results in the form of insights. AI helps streamline business processes by improving existing models and simplifying tasks. Of the several issues that AI has tackled, one…
With automation driving the decline of banal and repetitive tasks, this could be rightly called the age of automation. When businesses leverage RPA to optimize their processes, they supposedly witness a reduction of up to…
