Many manufacturing industries have already started replacing the human workforce with physical robots in their production units to perform tasks like product assembly and packaging or performing quality checks. Though the assembly line is streamlined with these physical robots, they struggle to keep up with their operational processes, inventory management, regulations and compliances and other […]
Robotic Process Automation (RPA) has been adopted in various sectors and industries to save cost and time, while delivering efficient results. Banking is one such sector that has benefited with this remarkable technology. It not only assist in repetitive, labor-intensive tasks like data entry, processing forms and assessing risk and credit score, but also increases […]
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Operational costs are undoubtedly a major concern for businesses amid an intense competitive environment and uncertainty in the capital markets. Not just large scale organizations, but even small businesses are being succumbed by constantly increasing expenses. They then increase the raw material cost, fuel surcharges, and other indirect costs per year, on an average. In […]
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The exponential spread of the new Coronavirus (COVID-19) has become one of the biggest threats to the global economy and financial markets. This pandemic has spread to more than 200 countries and territories as of today. It has wreaked havoc all around the globe including each individual, economy, businesses and jobs, and will change the […]
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Understand RPA “Robotic Process Automation” or RPA is a simple yet powerful term that enables the automation of the tedious, mundane and repetitive tasks. With the help of metaphorical robots or digital workers, it not only provides efficacy but also aids in cost reduction. It has artificial intelligence (AI) and machine learning (ML) based capabilities […]
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The novel coronavirus or COVID-19 has put a halt to everything. After a long Lockdown period, the business thinking of opening the offices or factories will have to comply with government rules and regulations and adhere to Compliance for COVID-19 for social distances, masks and no masks and others. Worldwide the people are not turning […]
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A chatterbot or ‘chatbot’ is an artificial intelligence (AI) program that can simulate a real interaction — spoken, written or both, via chat interface. By leveraging machine learning (ML) and natural language processing (NLP), AI-powered chatbots can identify the user’s underlying intent and respond in a natural, human way. It can learn from past conversations […]
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Wikipedia puts CV or computer vision in a very simple and straight forward definition. Computer vision is an interdisciplinary scientific field that deals with how computers can gain high-level understanding from digital images or videos. From the perspective of engineering, it seeks to understand and automate tasks that the human visual system can do. Organisations can use computer vision to solve multiple problems in […]
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If you have used Snapchat filters and or played Pokemon Go, you have used AR. AR is Augmented reality expands our physical world, adding layers of digital information onto it. AR alters one’s ongoing perception of Reality, VR completely replaces the reality with a virtual one. Imagine when you can create a reality, It’s like […]
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What is Data Anlytics? In short, It’s making sense of data for effective decision making. Big data analytics includes an examination of large amounts of data to uncover hidden patterns, correlations and other insights. The known data analytics development cycle is described in stages: Descriptive (what happened) to diagnostic (why did it happen), Discovery (what […]
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