Artificial Intelligence

How AI in Banking can Power Hyper-Personalized Experiences for Retail Banking Customers

Banks certainly are in a position to seize this opportunity to promote meaningful and relevant products to each of their customers by leveraging AI in banking. As customers today have become used to notifications on…

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Human-centered data science: Saying NO to data bias in artificial intelligence

Ever since companies realized the true potential of data, the need for data science and the people who are experts in it have been growing in leaps and bounds. The reason data science emerged in…

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AI/ML: Smart locks of the cybersecurity vault

$3.86 million and more than six months’ worth of work – that’s the cost of a standard data breach, shows a report by Norton. Add to it the damage to reputation, business risk, and innumerable…

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AI Leaves No Unstructured Data Unturned

Is your organization trying every trick in the book to analyze and put together all the available data for streamlined, round-the-clock data management? The good news is that you are not alone. Most companies do…

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Artificial Intelligence Chips: Tiny but powerful

The global AI chip market value is expected to grow from $6,638 million in 2018 to $91,185 million by 2025.   There is little to no question that the pandemic catapulted artificial intelligence into our daily…

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Personalization is no longer a “nice-to-have” but a “must-have” for retailers to win and retain customer loyalty.

What exactly is personalization? Contextual customer experiences are no longer a “nice to have” in today’s highly competitive marketplace; they are a “must-have”.  While nearly every retailer today promises to “personalize” their shopper’s experience, just…

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How to enhance CX with AI driven recommendations – A B2C business POV

Aspire’s Krishnan Jayaraman Vice President & Business Head – Data Analytics and RPA sat down with Krish Lakshminarayanan Vice President – Digital Engineering & Advanced Analytics at Dine Brands Global, for a very special AI…

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Benefits of AI and ML in Retail Industry viz., how to leverage AI/ML solutions in decision making process?

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…

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How are Predictive Maintenance and AI Transforming Maintenance Issues?

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…

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Conversational Commerce Is the Talk of the Town in the World of Digital Retail

Is the core of today’s retail business all that different from 150 years ago when The Galleria Vittorio – one of the first shopping malls – was opened in Italy. Let’s look at the customer-facing…

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How Retailers Use Consumer Insights to Create Deep-Impact Experiences

At one point during the 1940s, retailers tried to collect consumer insights by conducting in-depth sessions with customers. Based on Sigmund Freud’s psychoanalytic theories with customers, this process was known as “motivational research”! These days,…

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2021 Digital Commerce Trends: What to Look out For

Oniochalasia. The word quite simply means to ‘buy or shop as a way to relieve one’s stress’. Retail therapy is real and the era of digital commerce has made it easier for us to indulge…

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