How can banks enhance customer relationship with Deep Learning? Deep learning is the fastest growing field in machine learning, impacting several different fields of business. Customer relationship with deep learning is a novel application where banks are using high-level abstractions from customer data to generate higher revenues.

Today, banks are operating in an altogether new banking environment. While the market is highly competitive and the regulations are strict, the pressure of customer demands is sharply increasing. Customer…

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Importance of AI alignment for successful implementation Businesses are now recognizing the importance of AI, as this platform can understand, learn and interact as a human would do for solving problems. AI systems make use of natural language processing for understanding context, deep learning for applying logic, and machine learning for assimilating experiences.

AI is now revolutionizing analytics, thereby helping businesses enhance their analytics efforts. Digital businesses now understand the importance of AI as it facilitates the development of diagnostic analytics that consists…

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Build IT bench strength to enhance your digital business “Bench strength” in IT or any business is defined as the capability and readiness of potential employees to move into significant leadership positions. IT bench strength is an indicator of an organization’s ability to manage IT talent holistically.

For an organization to build IT bench strength, it is crucial for them to hire the right workforce and identify employees with high management potential. A Gartner report of 2016…

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Pricing models that are guaranteed to optimize your IT costs A pricing model is a method using which a company determines the prices for its products or services. A company has to consider several factors such as the positioning of its products and production costs when deciding the prices of its products and services.

Enterprises face several business uncertainties and continuous pressure to optimize IT costs. Many companies often resort to small term cost-cutting measures in response to building pressures to reduce IT spend….

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How to identify new digital opportunities for a bank? Consumers all over the world are quickly adopting digital banking. Digital technology has enabled rapid innovation in payments and several broader transformations in systems.

The banking industry has been experiencing dramatic changes as a result of changing customer behavior. Customers have increased expectations, and are actively looking for organizations that show and embody channel…

Digital Business
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