Naveen Joshi, Author at Artificial Intelligence, ROBOTICS, AUTOMATION

4 ways technology is transforming finance Technology in finance is enhancing workflows and processes in the financial services industry. Several tasks that were once handled with paper money, human interaction, and bulky computer systems are now conducted entirely on digital interfaces. The disruption that technology is bringing in the financial sector is massive.

July 22, 2017 by Naveen Joshi

Technology in finance has made an impact on almost every type of financial activity from payments to online banking to wealth management and more. Financial institutions are now required to…

Fintech Technology

Dynamic pricing algorithms – justified or questionable The aim of dynamic pricing is to take advantage of the readiness of customers to make payments in certain situations for gaining increased profits and for applying discounts in other situations to generate growth.

July 21, 2017 by Naveen Joshi

Today’s reality is that pricing for almost all products and services has become real-time and dynamic. Dynamic pricing algorithms help in maximizing revenue from products and services as it correctly…

Artificial Intelligence Technology

Insight engines with analytics and machine learning With machine learning techniques, insight engines can provide more customer-centric advanced insights.

July 20, 2017 by Naveen Joshi

Previously, larger organizations had an advantage over smaller rivals simply because they had the ability to scale their market research capability. Today, the same amount of research that once took…

Artificial Intelligence Technology

Developing countries and their tryst with IoT IoT in developing countries can act as a catalyst in their development. It will not only help them grow economically but will also make a significant contribution towards their social and ecological development.

July 19, 2017 by Naveen Joshi

The world is aiming for 100% connectivity today. And this is impossible without the inclusion of the developing world. IoT in developing countries will make this a possibility. According to…

IOT Technology

Can AI be racist, sexist like humans? AI is built by humans and they learn to be racist, sexist and prejudiced just like a human baby does. Racism in AI and sexism in AI has been justified by the researchers at Princeton University and Britain’s University of Bath who have found out that machine learning acquires stereotype biases while acquiring information from the internet.

July 18, 2017 by Naveen Joshi

Artificial Intelligence converts words used in any language across the world into their equivalent mathematical form which sometimes creates bias. Racism in AI can be spotted from the fact that…

Artificial Intelligence Technology

How to efficiently use AI to become an industry leader Companies in the recent past have not only been using AI to become industry leaders for consumer centricity but also for increasing productivity and reducing labour intensive operations. Hence, the importance of AI for industry leadership has increased tremendously.

July 17, 2017 by Naveen Joshi

In today’s world, companies have been using AI to become an industry leader by replacing human employees with machines that can learn and correct themselves as they gain experience. AI…

Artificial Intelligence IOT

5 big data statistical analysis methods As tools and techniques around big data proliferate, let’s not miss out on methods that have been around for quite some now, but haven’t lost their touch of accuracy – the statistical analytical methods.

July 16, 2017 by Naveen Joshi

Data is piling up and people are wondering what can be done with it. In this age of Information, there is no scarcity of data; data is overpowering. The key…

Big Data Technology