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Blogs

Artificial intelligence based fraud detection

Breaking Down AI-Based Fraud Detection in the Insurance Sector

Blogs

75% of insurers consider advanced analytics, such as AI and machine learning, to be critical to their fraud detection and prevention strategies. Insurance fraud continues to be a major problem, costing businesses and policyholders billions of dollars every year. In the United States, for instance, healthcare fraud is estimated to cost anywhere from 3 percent …

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Data Analytics in Insurance

Unlocking the Value of Data: How Analytics is Changing the Insurance Landscape

Blogs

“The global insurance analytics market size is expected to reach USD 18.8 billion by 2026” The insurance market is dynamic and fraught with uncertainty. The industry is now undergoing a technological transformation, with the widespread adoption of data analytics being a significant driving force. Insurers are increasingly relying on data analytics to gain a deeper …

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cloud computing in media and entertainment

Entertainment on Demand: The Power of Cloud Computing in Media Streaming

Blogs

The world of media and entertainment is rapidly evolving, courtesy of digital transformation in the form of cloud computing. From streaming services to post-production workflows, cloud computing in media and entertainment has allowed industry stakeholders to create, distribute, and manage their content.  In this blog, we will explore the various ways in which cloud computing …

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Why Cloud Computing is the Key to Modernizing Education

Blogs

“89% of higher education IT leaders believe that cloud computing is essential for their institution’s long-term success.” Without a shred of doubt, we have realized that the education sector is undergoing and will continue to undergo significant transformations. There is a growing call for improved facilities and classroom experiences from both students and educators alike.   …

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Hybrid Cloud for banking

Making Banks Future-Ready With a Hybrid Cloud Approach

Blogs

Pressure is mounting on the banking and financial services (BFS) industry to move quickly toward a cloud-first strategy in order to maintain competitiveness. And as BFS institutions try to keep up with the ever-changing demands of their customers in the face of emerging technologies and alternative business models, they are formulating novel strategies. Game-changing technologies, …

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Machine Learning for retail

Deploying Machine Learning to Track Consumer Behavior

Blogs

Fast-paced consumer beliefs and behavior changes have pushed businesses to draw on extensive consumer insights. In the wake of the COVID-19 pandemic crisis, many of these changes took place, including the surge in popularity of online shopping and the shift in consumer preference for certain brands. Machine learning and artificial intelligence technologies, with their capacity …

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Future of AI & ML

Future of AI & ML in BFSI: Tapping Tech to Power Financial Offerings

Blogs

“By 2030, the market for AI and advanced machine learning in the BFSI sector is expected to be worth USD 61.24 billion, expanding at a CAGR of 23.1% between 2021 and 2030.” The financial sector is experiencing a turning point. The COVID-19 pandemic has accelerated the trends of technological disruption and consumer behavior change, which …

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BI Modernization

Achieving Peak Efficiency with BI Modernization in the New Normal

Blogs

“By 2027, experts predict that the business intelligence market will be worth roughly USD 39.35 Bn.” The pandemic ushered in a much-needed paradigm shift for organizations of all sizes; however, it also brought new challenges and opportunities that fundamentally reshaped the business landscape. And as the pandemic-induced reality sets in and causes further unexpected disruption, …

Achieving Peak Efficiency with BI Modernization in the New Normal Read More »

Cloud computing in retail

Powering Retail with Cloud Computing. Here’s how the industry is embracing the tech

Blogs

Propelled by dynamic changes in consumer behavior amid the COVID-19 crisis, the digital and e-commerce market witnessed unprecedented and unforeseen growth. With repercussions like limited physical interactions, people resorted to e-commerce platforms for online shopping.  Digital transformation was much required for retailers to catapult their sales numbers. And given the gravity of the situation, many …

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