Artificial Intelligence

What really is Artificial Intelligence? Setting the record straight

Enterprise artificial intelligence has reached a tipping point. Whatever you call it – machine learning, predictive analytics, artificial intelligence, cognitive computing – this phenomenon is not only dominating our news feeds, but our business conversations also.  It would probably be helpful to start with a baseline definition. AI is using a machine to understand past [...]

By |Artificial Intelligence|

The Future of Artificial Intelligence and Machine Learning for Financial Services

The Future of Artificial Intelligence and Machine Learning for Financial Services The reason for looking at these specific areas is to break some common misconceptions in order to really understand how far away we are from true AI and machine learning in business. Where are artificial intelligence and machine learning today? Computers complete different categories [...]

Why AI, Machine Learning And Big Data Really Matter To B2B Companies

While most of the attention for how artificial intelligence (AI), machine learning and big data can impact companies is focused on the business to consumer (B2C) space, business to business (B2B) companies need to pay attention or they risk their future success. Customers have the same expectations for a simple and easy buying experience whether [...]

3 Common Myths Around Machine Learning

While evolution in machine learning drives the current AI boom, the hype has caused certain misconceptions around the capabilities of these systems. Some of these misconceptions have risen to the level of myths. In this article, we discuss three such common myths around machine learning. Myth#1: Machines can learn autonomously Reality: Machine learning is orchestrated [...]

What’s The Difference Between Machine Learning And Artificial Intelligence?

Machine learning is a step up from coding. In the words of Bill Kish of Cogniac, you’re “programming with data,” such as images and video, not code. Essentially, it’s about building models. You select a training set, choose what reflects a positive or a negative for that set, then select a type of model to [...]

How Can Artificial Intelligence Transform Businesses?

How Can Artificial Intelligence Transform Businesses? We’re already seeing a wave of innovation across industries. From real-world data, computers are learning to recognize patterns too complex, too massive, or too subtle for hand-crafted software or even humans.  Just think: Already it’s enabling the futuristic cars we only dreamed of — cars that drive themselves — [...]

How Artificial Intelligence Can Deliver a Personalized Banking Experience That Drives Customer Devotion

With the evolution of digital banking, there are fewer opportunities for face-to-face interactions with customers. Is it therefore becoming harder to drive customer devotion, attracting and retaining loyal customers in this era of digital self-service? Banks are investing huge amounts of capital in digital capabilities such as chatbots, artificial intelligence (AI) and open APIs.  According [...]

Machine Learning & Artificial Intelligence 101 For Executives

Machine Learning & Artificial Intelligence 101 For Executives There have been many "ages" throughout human history, most notably the industrial age and the digital age. Now, we have officially entered the age of artificial intelligence (AI). Within this AI age are many technologies, including machine learning and deep learning. These are fundamentally transforming and altering [...]

How is Artificial Intelligence Redefining Mobile Banking?

For some time, Artificial Intelligence has entered our regular technology vernacular with continuous references and frequent mentions. Back in the 90s when tech thinkers were still speculating whether a machine can imitate rational human perception, we had no idea that in just two decades down the line this would be a massive reality. Whether machine [...]

By |Artificial Intelligence|

Artificial Intelligence and Big Data

Artificial Intelligence Artificial Intelligence (AI) has been around for decades. However, recently with the advent of “Big Data”, it’s been getting more attention. Wikipedia says this about Artificial Intelligence: “In computer science, the field of AI research defines itself as the study of ‘intelligent agents’: any device that perceives its environment and takes actions that [...]