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

Data is an indispensable resource for retailers. Today, most retail businesses understand that they must capitalize on digital data, but fewer know how to make the most of it. If these companies hope to reach their full potential, they must improve their data management. Data management is often a struggling

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

Decentralized finance (DeFi) is booming. And among everything blockchain has to offer, DeFi is one of the most legitimate sectors and – arguably – the most promising. But like everything in life, it has its pitfalls too. “Decentralized finance allows anyone a do-it-yourself version of investment banking, supported by high