Image credit: Modular4KC.com “The virtual fitting market size to grow from USD 2.9 billion in 2019 to USD 7.6 billion by 2024, at a CAGR of 20.9% during 2019-2024 The major growth factor for the market is the increase in the adoption of advanced technologies such as AR and VR. Another factor that is contributing…
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How AI is transforming customer management in banking sector
“The Stamford firm’s 2019 CIO Survey of more than 3,000 executives in 89 countries found that AI implementation grew a whopping 270 percent in the past four years, and 37 percent in the past year alone. Banks are aggressively embedding AI intelligence into their operations Light Information Systems, which has developed NLP Bots, has implemented…
Debunking The Myths And Reality Of Artificial Intelligence
“AI solutions are secure by design, really? Usually, hackers access traditional software systems to steal data. They hack industrial control systems and misguide them to do the wrong action(s). However, the core of AI systems has mainly algorithms and not much data. This created the illusion of absolute security by nature among some people, as…
Envel uses AI to redefine banking for Generation Z
“The unique financial needs of Generation Z led to the creation of Envel, a challenger bank that uses AI to manage expenses and automate savings in order to help create stability in a world where chaos is often the dominant theme of the day. ‘Using some of the best resources we’ve been able to gather, we’ve been…
Artificial Intelligence: How AI Helps Automate Marketing [Infographic]
“And now, with the insertion of artificial intelligence (AI) and machine-learning (ML) into the automation process, not only rote tasks but also more complex ones that, until now, required immediate human discernment and judgment—such as analysis, customization, and personalization—can be automated.” https://www.marketingprofs.com/chirp/2019/40989/marketing-automation-and-artificial-intelligence-how-ai-helps-automate-marketing-infographics