Straight Through Processing commonly referred to as STP is automated, electronic processing without human intervention. Modern-day applications and systems are quite adept with STP. The issue revolves around legacy systems, which you cannot sunset because of obvious business reasons. Intelligent Automation, also sometimes acknowledged as Artificial Intelligence (AI) / Machine … [Read more...] about Intelligent Automation – Improve STP and Business Agility around Legacy Systems
Artificial Intelligence
AI and The Future of Enterprise Mobility
In an increasingly competitive business world, companies across the industries are expanding the scope of technology in their operations to stay ahead of the curve. Traditional processes are gradually getting replaced by smart technologies and the growing application of mobility is shrinking the physical office space now. As mobile technologies continue to bring innovative … [Read more...] about AI and The Future of Enterprise Mobility
Big Data Plays Critical Role In Personalizing Beauty Industry
Beauty at any age is in the eye of the beholder. Nevertheless, youth and beauty top the global wish list of timeless qualities. Therefore, it is not surprising that the global beauty industry is a thriving $532 billion business today. Moreover, the U.S. is the world’s biggest market for beauty products, with about 20% market share; China comes second with 13%, and Japan third … [Read more...] about Big Data Plays Critical Role In Personalizing Beauty Industry
How To Energize The Data Behind AI
Artificial intelligence (AI) is one of the biggest technology trends of the coming decade. In an increasingly digital world, propagating and collecting data are the default state of modern business and all internet activity. The problem for businesses is no longer the lack of data, but an excess of it. Despite the enormous data available to industrial companies, for most, their … [Read more...] about How To Energize The Data Behind AI