“While last week’s 16 percent overall spending drop lit up the headlines and scored high on the drama factor, it’s the eCommerce numbers – up 8.4 percent during the same period – that could hold the most importance for the future. Our research shows that 32.8 percent of consumers are shopping for retail items just…
Month: June 2020
‘teX.ai’ Says Big Data May Give A Big Boost To E-Commerce, Healthcare, And Banking
“E-commerce for one. In this unfortunate time of the Covid-19 pandemic, online sales have increased from 10-30%. People are not comfortable going to the brick and mortar stores, they prefer buying even the essentials online. As I had illustrated earlier, if a greater number of people are buying online and leaving reviews, more data is…
OPERATIONALISING AI: A WHIMSICAL DREAM TO GROUNDED REALITY
“Accenture’s global study with C-suite executives, the implementation of AI is becoming synonymous with growth and profitability. In fact, 84 percent declared AI as imperative to their growth ambitions, while 74 percent went as far as saying they would go out of business if they failed to implement the technology over the next 5 years….
Bradford Newman, Chair of North America Trade Secrets Practice – Interview Series
“Society is at the point where we must resolve not what is possible with respect to AI, but what should be prohibited and/or partially constrained. Admittedly, this is counter-intuitive in a world where we crave mathematical certainty, but establishing an AI “no fly zone” is essential to preserving the liberties we all hold dear and…
Citi Sees Surge in Corporate Online Account Opening Amid Pandemic
“That platform, CitiDirect BE, is used by large multinational institutions as well as small and midsizefirms to make payments to suppliers, pay bills and taxes, collect money and ensure they have ample cash flow… The platform’s online and app users grew from 470,000 in March 2019 to 584,000 in March 2020… The number of logins…