How cognitive computing will transform the finance industry The financial services and banking industry has seen the increasing adoption of digital technologies to improve its business processes, perhaps more than any other industry. And this entanglement of technology and the industry continues with the introduction of cognitive technology in finance.

The numerous applications of artificial intelligence in the finance industry is already providing numerous organizations — both banking and non-banking ones — with unprecedented levels of automation and efficiency. And…

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Unlocking the potential of RPA in the logistics industry By automating manual administrative processes, drafting emails when required, generating reports in real-time, checking inventory and reordering products, RPA in logistics is set to optimize specific areas of the supply chain and help gain higher ROI.

The concept of logistics came into existence long ago, during the period when the ancient Roman and Greek wars took place. Back then, Rome developed an efficient logistics system that…

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Fostering sustainable development with IoT Using the IoT to enhance sustainable development is emerging as an obvious and possibly the best way to efficiently consume natural resources, manage waste, and also enjoy financial benefits.

The concept of ‘sustainable development’ was first introduced in the report, ‘Common Future,’ (also known as the Brundtland Report) published by the UN in the year 1987. The Brundtland report…

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Revealing the security risks in RPA and how to safeguard against them As the RPA tool deals with sensitive data, chances of hackers attacking the tool are higher. Security risks in RPA can harm an organization, and hence, executives should consider security practices to mitigate these risks.

Over the past few years, there has been tremendous buzz around automation. In the digital age, where companies are struggling to achieve optimized business processes, meeting challenging deadlines, and improving…

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4 challenges to AI adoption and their solutions While AI gains traction as a core business enabler for organizations across different industries, a few barriers to AI adoption have slowed down the mainstream adoption and full-fledged applications of this technology. With time, investment, and continued experimentation, these obstacles will eventually be overcome, giving rise to a whole new generation of advanced AI applications.

While the concept and its applications have been around for a while now, the field of AI still hasn’t stopped surprising us with new innovations and milestones. In recent years…

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The transformative power of chatbots in the manufacturing industry Leveraging chatbots in manufacturing can indeed be the perfect solution to automate cumbersome, manual manufacturing activities, helping companies maximize their ROI and thrive in a competitive market.

With the accelerating digitization trend, several industries, regardless of the work they do, have refined and completely transformed the way work processes are carried out. And the manufacturing industry is…

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