“India’s rural population had smartphone access in 2015, but that figure has reached 25 percent today. Estimates place the nation’s overall number of mobile device users at 829 million by 2022 — approximately 60 percent of the population.” https://www.google.com/amp/s/www.pymnts.com/news/digital-banking/2019/deep-dive-ai-automation-digital-banking-india/amp/
Month: July 2019
Building an AI-Powered Financial Institution
“By 2030, front-office and middle-office AI applications have the potential to cut operating costs in the financial services industry by 22% — which represents $1 trillion in total savings” https://thefinancialbrand.com/86455/ai-digital-banking-customer-experience-fraud-risk-trends-artificial-intelligence/
L’Oréal Is Bringing Beauty Online With the Help of Augmented Reality and AI
“According to Rochet, ecommerce makes up $3 billion of L’Oréal’s annual sales, and 50% of its annual growth. Eighty percent of the brand’s content is done with digital in mind.” https://www.google.com/amp/s/www.adweek.com/brand-marketing/loreal-is-bringing-beauty-online-with-the-help-of-augmented-reality-and-ai/amp/
What it takes to succeed over the holidays
“Online shoppers in the United States spent $122.0 billion online in the 2018 holiday season, according to Internet Retailer research data, a 17.4% increase from the 2017 period. planned to increase their investments compared with the last holiday season, 77% said social media marketing, 62% said retargeting and behavioral remarketing, 61% said email, 61% said…
Why storage needs AI
“90% of data centre issues and outages happen outside of the storage system, a system that offers intelligence that looks beyond the storage is key, and solutions that can view cross-stack into the VM layer, network layer or compute layer to see what is happening globally will lead the way. So, we are talking about providing solutions that offer…