“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…
Tag: Digital Transformation
The must-haves for success in digital transformation
“This omnichannel experience typically begins with mobile; however, studies show 40 percent of consumers abandon applications after initiating the process. This contributes to the $98 billion left on the table by companies that fail to provide simple experiences. New advanced machine learning technology called process intelligence (PI) empowers banks to analyze less structured processes, identify…
Banks are prioritizing digital transformation this year
“The digital customer experience was chosen as a top priority by 79% of respondents Cost-cutting was the second-highest priority at 46% Meanwhile, 36% of respondents said they’re shutting down more branches —which are notoriously costly to operate” https://www.businessinsider.com/banks-are-prioritizing-cost-cutting-digital-transformation-2019-8
AI Expo / Nov 29th / Santa Clara, CA
#AI Expo Track Focus Day 1 of the AI event focuses on the application of artificial intelligence within organisations and will feature and conference tracks, along with the and exhibition over both days. Attendees will learn how to capitalize on AI developments and strategies whilst also taking into consideration how artificial intelligence might affect their…