Today, every business gathers a sizable quantity of data. From app usage statistics to repeat purchases stats, from time spent on the app to the location of buyers, almost every data point is collected and stored in databases. We all know the importance of data in the growth of a business. [...]
Artificial Intelligence (AI) is quite powerful and is constantly evolving and currently knows no bounds. It is focused on outperforming its limits using the power of Machine Learning (ML). AI is empowering computers to do things that human beings are unable to do efficiently and effectively and machine learning is aiding the computers to [...]
Like humans, Machine Learning (ML) models can recognize intricate patterns and anticipate the outcome of new data. On some natural language problems, ML models have even surpassed human performance. But much like people, ML models are susceptible to error. For every ML application in the real world, estimating how [...]
Information that can be seen has always been valuable. Whether it was in the distant past when early humans lived in caves or in the world of data today. Using visuals to support information simply makes it more accessible to its target audience. Today, pictograms and motion graphics are [...]
Machine Learning (ML) and Artificial intelligence (AI) are at the center of the hyper-competitive era in which change occurs with new technologies in the span of a single blink of an eye. Modern innovations like AI, predictive analytics, ML, and other digital disruptors are changing how businesses operate and [...]
According to Cynerio’s 2022 State of Healthcare IoT Device Security Report, 53% of internet-connected medical devices analyzed had a known vulnerability, while one-third of bedside devices had a critical risk. (Cynerio observed over 10 million medical devices at over 300 hospitals and medical facilities across the world). The findings show [...]
The COVID-19 pandemic has changed how businesses in all industries and geographical areas conduct business for years. A recent McKinsey Global Survey of executives revealed that organizations had increased the digitalization of their internal processes and supply-chain interactions by three to four years. Additionally, their portfolios’ proportion of digital or digitally [...]
Banking has undergone a significant digital transition, which goes far beyond simply switching from a traditional to a digital environment. To evaluate, connect with, and serve their clients, banks and other financial organizations must use a comprehensive digital transformation plan. Understanding client behavior, preferences, and needs is the first step [...]
The banking business is fast evolving, and individual banks that serve retail, commercial, small-to-medium-sized businesses (SMEs), or wealth management firms must make rapid changes to become “digital-first” enterprises. However, making such a transformation entails enormous risks. Banks that get digital transformation wrong risk damaging client relationships and losing market share [...]
Every enterprise in today’s competitive environment is undergoing digital transformation. Businesses are attempting to improve their present IT infrastructure and techniques while welcoming new technologies and software development approaches to stay ahead of the competition. Enterprises’ ability to achieve all of this is highly dependent on their willingness to implement best [...]
