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153 search results for "artificial intelligence"

Mergers and Acquisitions – A key growth strategy for technology companies during the Covid times

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The Global Story Globally, the technology sector valuations have been relatively steady over the last few months despite compared to most other sectors which have seen significant drop in valuations post the COVID-19 outbreak. However, the fall in valuations still makes a good business case for large technology companies to acquire new capabilities, who are sitting on large cash reserves. Accordin...

Accept Artificial Intelligence with Natural Love

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“The coming era of Artificial Intelligence will not be the era of war, but be the era of deep compassion, non-violence and love.” – Amit Ray, Pioneer of Compassionate AI Movement   Artificial Intelligence (AI) was initially kept aside for only computer scientists as the other sectors thought that it has nothing to do with their domains and it will be extremely complex and dangerous to handle....

Transformational Opportunity with AI in Indian Retail – COVID and beyond

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The retail industry in India has emerged as one of the most fast-paced and dynamic sectors, due to several new entrants. As one of the top five retail markets in the world, expected to reach USD 1.4 trillion by 2024, India as a retail market is unique in its own ways, heavily dominated by the unorganized retail sector when compared to organized retail and e-commerce, leading to distinctive challen...

COVID -19 disrupting India’s IT sector

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Survival in the new normal is only possible for those who are disrupting the way they work and this has been clearly visible in the shift that Indian IT players made towards work-from-home in order to maintain business continuity. Also, as businesses across the globe continue to cope with uncertainties, the Indian IT companies are also working towards the challenges they face by making changes in ...

It’s all about UNIQUENESS in COVID19

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It’s all about UNIQUENESS in COVID19 Start-ups with distinctive offering “Opportunity in Adversity” has been a proven mantra for a long time. But the main point is that this opportunity should be catered tactfully and effectively so that it doesn’t fail. COVID is one of the biggest adversity for human race but at the same time it is also bringing lot of opportunities with it. Now in this huge mark...

Remote Working: The new normal amid COVID-19

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By Rohit Madhok, Vice President Engineering, GlobalLogic In a matter of months, the world around us has changed at an unimaginable speed. Such drastic changes were witnessed earlier when the human race at large was exposed to global crises like World War II and Spanish Flu during the last century. As of today, the COVID-19 outbreak has intensified globally, and has surpassed the threat level by gi...

The role of AI and IoT technologies in the Covid-19 situation

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By Ashwini Nandini, India Head – Delivery Assurance, GlobalLogic India Countries across the globe are assembling all resources and are deploying cutting-edge technologies to mitigate the effects of COVID-19 and report people at risk. In this scenario, technologies such as AI and IoT can be vital as they can help track the spread of the virus, identify high-risk patients, predict mortality rate, an...

#FinTech Enablers in Covid-19 – Combating Payment Frauds with 5 Disruptive Technologies

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With a sudden surge in the digital payments in midst of the corona virus fear, the risk of cyber fraud has also amplified. Online payments and other digital methods like UPI, wallets, USSD, etc. are prone to a number of cyber-attacks and are attractive targets for cyber criminals, especially during the ongoing pandemic. According to a recent study, almost 50% Indian consumers are more concerned ab...

NASSCOM Start-up Pulse Survey – Q1 2020: Reviving the Indian Tech Start-up Engine During COVID 19

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“NASSCOM Start-up Pulse Survey – Q1 2020: Reviving the Indian Tech Start-up Engine During COVID 19” underlines the perspective of Indian entrepreneurs towards the impact of COVID-19 on them. The survey analyses the effect of COVID-19 and its impact on tech start-ups. Of the survey respondents over 60% of them are bootstrapped and majority of them constitute early and mid-stage start-ups with reven...

Competing in the Age of AI

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How machine intelligence is changing the rules of business and what should companies do to stay on top?  Artificial intelligence (AI) is a branch of computer science that makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. According to IDC, Companies are forecast to spend $98 billion on AI, globally in 2023. This stems from the fact that more...

Getting Started in Artificial Intelligence?

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AI is considered by many experts to be the most disruptive technology of the decade. It is embedded in much of the technology that we use in our everyday lives. Siri, Google Assistant and Amazon Echo all leverage AI, so does everything ranging from video games and Google Translate to chatbots and self-driving cars. What is AI? Essentially, artificial intelligence is the field of computer science t...

Can AI be a core enabler for Industry 4.0?- AI and the Manufacturing Sector

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Case: A fortune 500 manufacturing company (discreet) utilized machine learning for inventory optimization and improving analyst performance. This implementation alone resulted in 28-52% savings in inventory holding costs resulting in US$100-200 million economic value.1 Unbelievable, isn’t it? Truth be told, manufacturers across the world are launching projects and constantly testing to determine i...