Tag Archives: artificial intelligence

90 percent of companies have sights set on artificial intelligence investment

90 percent of companies have sights set on artificial intelligence investment

Increasing employee productivity a key focus for AI investments, but success requires disruption to current business strategy to reap rewards IFS, a global enterprise applications company, has announced the findings of a global research study into the attitudes and strategies towards artificial intelligence (AI) among business leaders. The study polled 600 business leaders worldwide and

Frost & Sullivan publishes market report on cybersecurity in Asia-Pacific

AI in cybersecurity a growing necessity amidst a rapidly evolving business landscape, finds Frost & Sullivan Frost & Sullivan has recently published a report, Artificial Intelligence (AI)-based Security Industry Guide. The report examines smarter security frameworks, use cases of AI-based security solutions and profiling of AI-/ML-driven and AI-/ML-centric cybersecurity companies in the Asia-Pacific market. Artificial

Companies using IoT with AI ahead of IoT-only enterprises

A recent survey of global business leaders reveals the most significant predictor in realizing value from Internet of Things (IoT) initiatives across an organization is the heavy use of artificial intelligence (AI). According to the study conducted by SAS, Deloitte and Intel with research and analysis from IDC, ninety percent of survey respondents heavily using

Understanding Artificial Intelligence (AI) & Machine Learning (ML) and their Business Use Case

By Vikas Bhonsle, CEO, Crayon Software Experts Staying ahead in the accelerating artificial-intelligence race requires executives to make nimble, informed decisions about where and how to employ AI in their business. One way to prepare to act quickly: know the AI essentials presented in this blog. Artificial Intelligence (AI) and Machine Learning (ML) are an

Indian banking and securities’ IT spend to hit $11B in 2020

Represents an increase of 9.1% from 2019 IT spending by banking and securities firms in India is forecast to reach $11 billion in 2020, an increase of 9.1% from 2019, Gartner has projected. Banking and securities organizations are investing in emerging digital technologies, such as artificial intelligence (AI) and blockchain, not only to create new

Tech Mahindra, Bangladesh gov sign MoU to foster Digital Startup ecosystem

Under the aegis of ‘Digital Bangladesh’ charter, Tech Mahindra will mentor start-ups with focus on future technologies Tech Mahindra has signed a Memorandum of Understanding(MoU) with ‘Startup Bangladesh’ to foster the growth of digital startup ecosystem in Bangladesh, by providing guidance and mentoring to the budding entrepreneurs. The MoU was signed in presence of Bangladesh

NXP TECH SUMMIT: Industry leaders: India leading the way for the sixth Industrial revolution

India making massive strides in using AI for Automotive, Defence and Financial Technology NXP India organized their fifth NXP Tech Summit, where a panel discussion on ‘AI for a smart and connected world’ was held. NXP Industry Tech Summit is a knowledge sharing platform that includes visionary keynote and panel discussion on a chosen theme

AI Augmentation to Create $2.9T of Business Value in 2021

In 2021, artificial intelligence (AI) augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally, according to Gartner. Gartner defines augmented intelligence as a human-centered partnership model of people and AI working together to enhance cognitive performance. This includes learning, decision making and new experiences. “Augmented intelligence is all

Eightfold inaugurates CoE in AI ‘Eightfold Nalanda’ in India to accelerate global expansion

The investment will be largely in highly skilled people and research in Artificial Intelligence, product innovation and design Building on robust growth, Eightfold.ai, the creator of the Talent Intelligence Platform, has inaugurated ‘Eightfold Nalanda’, its global center of excellence, research and innovation in cutting-edge AI domain. Founded by Dr. Ashutosh Garg and Varun Kacholia, IIT