The integration of AI and IoT: Industrial Automation & Predictive Maintenance
Industrial Automation & Predictive Maintenance Welcome back, enthusiasts of innovation! Today, we embark on an exploration of a captivating realm that’s reshaping the landscape of industries – the fusion of Artificial Intelligence (AI) and the Internet of Things (IoT) in industrial automation, with a special spotlight on predictive maintenance. If you’re intrigued by the notion […]
Revolutionizing Manufacturing with Predictive Maintenance Using AI
Revolutionizing Manufacturing with Predictive Maintenance Using AI In this blog we delve into the latest advancements in technology shaping industries. We’re exploring how Artificial Intelligence is revolutionizing the manufacturing sector through predictive maintenance, ensuring efficiency and reliability like never before. Traditionally, manufacturing maintenance relied on scheduled or preventive techniques, often resulting in unexpected breakdowns and […]
How can AI help in healthcare
How AI can help health/medicine/patients Gratitude to the hybridization of artificial intelligence, the healthcare industry is on the cusp of a revolution. Due to the large population, providing quality healthcare to all citizens is a big challenge. However, AI has the potential to improve healthcare delivery by increasing accuracy and efficiency. Doctors handle a lot […]
AI in Business: Revolutionizing Industries
AI in Business: Revolutionizing Industries From finance and retail to marketing, supply chain, and customer service, AI is reshaping the way businesses operate and interact with customers. 1. Finance Automating manual tasks like data entry and reconciliation. Improving fraud detection and risk assessment. Enhancing algorithmic trading and portfolio management. Personalizing financial advice and customer support. […]
WHAT IS SMART FACTORY?
WHAT IS SMART FACTORY? Highly digitizalized, connected and communicated each other via the Internet of Things of things and internet of services. Smart factory uses connected devices, machinery and production systems to continuously collect and share data. This data is then used to inform decisions to improve processes as well as address any issues that […]
AI in banking
AI in Banking The introduction of artificial intelligence in banking apps and services has made the banking sector more customer-centric and technologically relevant. AI-based systems can help banks to reduce costs by increasing productivity and making decisions based on information unfathomable to a human agent. The banking and finance sectors are swiftly moving towards AI, […]
Do you know about BIG-AI?
Do you know about BIG-AI? Nowadays data-driven decisions are quite common in businesses. Insightful business decisions increase revenue growth, optimize operations, mitigate risk, personalize customer experiences, and elevate the business growth curve exponentially. However, decision-making from large data is quite complex and time-consuming. Hence, every business wants to find the reasons such as What influencers […]
Intelligent Recommendation based Demand Forecasting using AI
Intelligent Recommendation based Demand Forecasting using AI Demand forecasting is the process of estimating the forecast of customer demand. One of the biggest challenges for most businesses is demand volatility in relation to demand forecasting, which is due to data growth and customer purchase patterns becoming complex. If businesses forecast customer demand accurately, it can […]
Customer Churn (A Classic Example – OTT platforms)
Customer Churn (A Classic Example – OTT platforms) Customer Churn also known as customer attrition is the rate at which the customers stop doing business with the company. In simple terms, it is a percentage of customers who stop buying a company’s products or services over a certain period of time. Understanding customer churn is […]
Data Analytics in Retail Companies
Data Analytics in Retail Companies What is Retail Data Analytics? Retail analytics is the process of using big data to optimize pricing, supply chain movement, and improve customer loyalty. Big data describes a large volume of data that is used to reveal patterns, trends, and associations, especially relating to human behavior and interactions. Typically, it […]