Companies use data analytics all around the world to help them make informed decisions and can help to predict what will happen in the future. We can make these analytics possible through the use of data collection, storage, and processing. It can also identify trends and patterns within extensive sets of information. Companies can use […]
Since its inception, the banking industry has been a staunch opponent of change. However, financial services are not immune to the world’s largest technological transformation, which has been attributed to AI. Apart from the pressure to adapt to the digital economy, banks have begun to uncover some quite beneficial AI applications. AI has made significant […]
Retail is one of the prime industries in today’s economy. In 2025, the global retail sector is expected to generate USD 31.7 trillion in revenue (with approximately USD 1.32 trillion in sales in the USA alone). The retail industry accounts for a significant part of global GDP and employs billions of people. Retail analytics is […]
The rise of Fintech, changing consumer behavior, and advanced technologies are all disrupting the financial services industry, including its most visible member, insurance. The insurance industry is poised for a digital transformation of how it conducts business, with analytics capabilities at the forefront. The use of data analytics in the insurance industry is growing all […]