Artificial intelligence (AI) is transforming every sector and business function, resulting in a growing interest in it, its subcategories, and related areas such as machine learning and data science.  While AI and automation might sound like the same concepts to many. But, in terms of procurement, both vary differently. Let’s

Big data, specifically with the help of artificial intelligence (AI), empowers insurance companies to make better financial decisions. Data science can help mitigate fraudulent claims, enhance risk management, optimize customer support, and predict future events, among many other benefits. The result is higher profits for insurance companies and lower premiums

Facebook has announced Ego4D, a long-term project aimed at solving AI research challenges in “egocentric perception,” or first-person views. The goal is to teach AI systems to comprehend and interact with the world like humans do as opposed to in the third-person, omniscient way that most AI currently does. It’s

Architects and interior designers have switched from pencils and papers to digital software and iPads, causing a significant change in design practices over the last few decades. Digital tools, as well as VR and AR technologies, are changing the way we learn, work, and live. And a whole new direction

If there has been a silver lining to the pandemic, it’s been added great momentum and speed to digital transformation. Financial Service Institutions (FSIs) are entrenched in an industry that is time-honored and, as a result, often old-fashioned. However, FSIs must embrace developments in technology, specifically AI and customer experience

We increasingly use technology for a broad variety of purposes, and the more that happens, the more data we collect and store. These days, AI is transforming the way we utilize that information, including crowd management. Machines can read and learn from different types of data and then perform real-world tasks.  That’s