How to increase executive confidence in AI-assisted decisions
AI-driven solutions are businesses’ key preferences when it comes to optimization. Or is it? Despite today’s businesses’ increasing expenditures on artificial intelligence (AI), the C-suite’s belief in AI may be hit or miss. Is it just that CEOs are wary of a new and unproven technology, or is there anything more to it? Executives have […]
How to Get Returns from AI Investments?
Now that the AI buzz has worn off, the technology’s major problems are focused on making profits rather than finding out how to make it helpful. AI can offer great value for many enterprises, thanks to the expanding number of AI professionals and machine learning services. When it comes to AI, however, corporations frequently fail […]
Building a better future: AI and robots in the construction industry
Despite its key role in creating and adapting the spaces in which we live and work, the construction industry has continued to rely primarily on manual labour, with little to no automation. While there have been many important advances in robotics and AI over the last decade, construction has lagged behind other sectors in introducing […]
How AI and ML can unleash the potential of Manufacturing
In more recent years Artificial Intelligence (AI) and Machine Learning (ML) have been on a conquest to change the face of numerous industries, and the Manufacturing industry is no exception.As this sector is the backbone of any economy, it is easy to see why the changes brought on are important to comprehend anyone and why […]
Evaluating Risk Through AI Models in Order to Detect Financial Fraud
Fraud detection is a tough challenge. Fraudulent transactions are extremely infrequent; they account for a small percentage of the total activity within a company. The problem is that without the correct tools and systems in place, a small number of activities can soon develop into severe cash losses. However, AI can be used in financial fraud […]
Bulgaria took the first step toward becoming the leader in Eastern Europe in Artificial Intelligence and Computer Science
The technology giants Google, DeepMind, and Amazon Web Services are entering with serious investments of 7 million dollars in total in the first of its kind Bulgarian Institute of Computer Science and Artificial Intelligence INSAIT. The institute was officially opened on April 11, 2022, at a special event at the National Palace of Culture. Not […]
What role does Data Migration play in the Digital Transformation journey?
One of the most challenging and complex aspects of any digital transformation is data migration. In the last decade, the importance of data in business has shifted considerably. It has evolved from a departmental role to a critical facilitator of digital transformation. The core of modern enterprises of all sizes is data centricity. Building a […]
Boosting Sales and Customer Experience with AI
It has been for a while now that AI is being used by businesses to improve human interactions. By entering the new era of technology, companies aim to increase customer satisfaction and respond to customer care concerns more quickly – all without the need for a real customer service worker. Moreover, sales management teams and […]
How can AI solve the talent shortage challenge?
In the highly digitalized business world and the high-sky demand for talent, recruiters must rely on the assistance of AI and automation to solve hiring issues and fill crucial posts quickly in a competitive labor market. How is that possible? In other words, this article will look at how AI technology can solve the talent […]
What is the relationship between AI and 5G?
Introduction: As technology continues to evolve, it’s having an increasing influence over our everyday activities, both professional and personal. Disruptive technologies such as Artificial Intelligence (AI) and 5G are beginning to gain wider acceptance amongst businesses. Even activities that are now just seen as part of normal life, like using phone assistants such as Siri, […]