$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…
The rise and prevalence of an approach of personalization have created a lot of scope for healthy competition among businesses to get creative about ways to acquire and retain customers. Customer segmentation is the first…
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…
As a key decision-maker, you cannot risk making off-the-cuff decisions that may end up negatively impact your strategic business goals. Every decision you take must be enriched with data that flows through your organization. Hence,…
The 21st century has drawn industries closer to the definitive approach of providing unreal and rich customer experiences. Hence, it is of no surprise that customer demands have increased, competition has turned out to become…
According to a research by Aberdeen Group, it takes between 4.1 and 16.3 days approximately for companies to process an invoice from receipt to payment approval. This is not surprising as there are quite a…
Imagine as a retail business owner you are being able to read the mind of your customers, you can decipher what is that factor that is drawing your customers’ to your product. The good news…
Modern technology advances have given Retailers access to exponentially more data about what customers do and want. It is an amazing opportunity for them to use analytics to unlock the goldmine of information to cater…
When Mark Zuckerberg unleashed his 2016’s yearly challenge of building a simply AI bot called Jarvis in Facebook, the whole world gaped in fascination that their sci-fi fantasies are finally here. Inspired by the movie…
In the movie Iron Man, Tony Stark’s computer system J. A. R. V. I. S. (Just A Rather Very Intelligent System) controls everything for the genius billionaire- from helping him destroy criminals to running his…
Underwriting has come a long way since 1668 when bankers at the Lloyd’s of London insurance market, were paid a fee, for literally writing their name under the risk they were willing to cover, as…