“Consumers are impatient. If they don’t find a product within a couple of search attempts, they will likely return to Google and click on the next best result. By delivering more personalized and relevant product search results, you will improve your conversion rates and raise your average order value. Most ecommerce platforms include a basic…
Month: October 2019
What’s Your Transformation Strategy as the Pace of Change Accelerates in Banking?
“According to McKinsey, banking and non-banking organizations ranking in the top 20% in profitability from 2010-2017 generated more than 30 times the profit than those in the middle 60%, The top 20 global banks represented 95% of the industry’s profitability, Winners going forward will most likely be determined by which firms best understand the changing…
AI’s potential will only be realised when it collaborates with humans
“Leaders need to create the right company culture to inspire, build and empower a workforce fit for the AI age. “Once you have a good problem to solve, then you can focus on getting the right data and the right algorithm,” says Cailleteau.” https://www.wired.co.uk/article/ai-human-collaboration-accenture
Wells Fargo: Automation Will Displace 200k Banking Jobs In the Next Decade
“Automation will displace 200,000 jobs in the banking industry in the next 10 years, according to Wells Fargo. “The next decade should be the biggest decade for banks in technology in history. You’re about to see the biggest capital for labor swap in history,” Wells Fargo analyst Mike Mayo told Yahoo Finance.” https://www.google.com/amp/s/www.morningbrew.com/emerging-tech/stories/2019/10/04/wells-fargo-robots-will-displace-200000-banking-jobs-next-decade.amp
Deep Dive: How Artificial Intelligence Makes QSRs Smarter
“The most visible AI integration is voice-recognition systems, which have been deployed restaurants like Starbucks, Domino’s and Dunkin’. Chipotle also recently implemented AI-based voice-activated food ordering, which it plans to introduce to all 2,500 of its locations by the end of 2019. Not only did this make customers happier, but it also let the QSR…