“When America’s biggest bank, JPMorgan Chase, hired Apoorv Saxena in August 2018 as its global head of AI and machine-learning services based in San Mateo, Calif., finance industry watchers saw that as a sign that the bank was making a big bet on artificial intelligence to shape its future strategies. Saxena previously headed product management…
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Trump Signs Executive Order Promoting Artificial Intelligence
“President Trump signed an executive order Monday meant to spur the development and regulation of artificial intelligence, technology that many experts believe will define the future of everything from consumer products to health care to warfare. A.I. experts across industry, academia and government have long called on the Trump administration to make the development of…
Apptus Powers Studio Retail to near double digit conversion uplift
“Accounting for 70% of all navigational traffic and a big chunk of sales – due to the scale of the product offering – search was unwieldy and delivering a patchy customer experience. “The search we had in place simply couldn’t cope with our 50,000 product, multi-category catalogue,” explained Craig Elwell, Head of Digital Transformation. “…
CognitiveScale: Purchase to Pay Case Study
IMPACT “Providing relevant contributing factors to the processor, the AI solution increased the automation of invoice processing by ~30%, from 60% to 90%. • Estimated cost elimination per exception $6 • Savings opportunity per month $250,000 • Projected annual cost reduction $3,000,000” https://www.cognitivescale.com/wp-content/uploads/2018/03/amplify-purchase-to-pay.pdf
AI & Data: Avoiding The Gotchas
Image:Getty “When it comes to an AI (Artificial Intelligence) project, there is usually lots of excitement. But in this process, something often gets lost: The importance of establishing the right plan for the data. Keep in mind that 80% of the time of an AI project can be spent on identifying, storing, processing and cleansing…