“According to IDC, the banking industry leads the way in AI adoption, with $5.6B expected to be spent on AI-enabled solutions by 2022, a recent analysis by IHS Markit shows the actual business value of AI in banking worldwide is expected to reach $300B by 2030. A recent investigation found widespread AI adoption in banking…
Tag: Brandon McGee
Google and Amazon fight it out for retail ad spend
The report says retail advertisers in the US alone will spend $13.12bn on search in 2019, a 22.5% increase from last year – and this will reach $15.65bn in 2020. The report attributes 54% share of product searches to Amazon vs 46% to Google – a complete reverse of the shares it published in 2015….
RBC focuses on digital products as mobile adoption spikes
Dave McKay, CEO Royal Bank of Canada “active mobile users have increased 17% from 3.7 million to 4.3 million since the same time last year. active digital users have increased 8% from about 6.6 million to 7.1 million Almost nine out of every 10 financial transactions are now self-serve for RBC RBC launched the NOMI…
‘A burger, a coffee, whatever’: Food-delivery robots may soon roll up to Purdue’s campus
“A board in West Lafayette, Indiana, has unanimously approved a pilot program bringing robotic delivery services to Purdue University ‘That could be a burger, a coffee, whatever the case may be,’ Wynkoop said. ‘We’ve spoken with other university’s dining programs and public safety offices and they have had no problems. This is just another option of a service.’” https://www.google.com/amp/s/amp.usatoday.com/amp/2078984001 Purdue…
Competing Above Their Weight Class With AI: A Case Study
https://constellationagency.com/ “In other words, AI and process technologies allow a smaller and more nimble firm to compete with the big ad agencies. By offering flat rate packages and turnkey services, enabled by technology, clients know what they will pay. There is a significant time reduction with the minimum being 37% for a small scope and…