Machine learning has many advantages ranging from the ability to easily identify patterns in data sets to automating processes. It isn't surprising to note that the market is expected to have a CAGR of 39%. The value of machine learning in the global market was approximated at $8 billion in 2019. By 2027, it is expected to reach $117 billion. Typically, Machine Learning (ML) … [Read more...] about 8 Tips on Using Machine Learning Models with Highly Sensitive Data
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OCR Technology: A Breakdown of Data Recognition, Extraction and Processing
Optical Character Recognition (OCR) converts text and handwritten documents into digital PDFs and online documents. OCR has the power to generate machine-readable text from many documents in different languages. This not only saves online businesses the cost of investing in a larger workforce but also makes the customer onboarding process streamlined. The total market size for … [Read more...] about OCR Technology: A Breakdown of Data Recognition, Extraction and Processing
Why AI-based Digital Document Verification Is the Most Effective Way to Verify Identity and Impede Fraud
Can you show some kind of ID? is undoubtedly one of the most common questions businesses have to ask their customers, in one form or the other, online or offline. No matter what industry you are in “ banking, insurance, healthcare, technology, travel, hospitality, education, eCommerce, or other online services “ you are mandatorily required to verify that a customer is who … [Read more...] about Why AI-based Digital Document Verification Is the Most Effective Way to Verify Identity and Impede Fraud
Protecting Consumer Identities And Privacy In The Time Of Pandemic
Every cloud has a silver lining. The pandemic has accelerated technology adoption and shifted focus to online ventures. Companies have been pushed into adopting remote work models and consumers have traded loyalties from their favourite brick and mortar shops to e-commerce platforms. Today everything from groceries to gold jewellery is being bought online. It's convenient and … [Read more...] about Protecting Consumer Identities And Privacy In The Time Of Pandemic
A Beginner’s Guide to Content Marketing
Business owners cannot deny the fact that traditional marketing is starting to become ineffective as time passes by. As a consequence, you need to think of new strategies to approach the market and your customers. If you're a wise marketer, you should know that content marketing is a potential strategy to have. What is content marketing? Content marketing is an approach that … [Read more...] about A Beginner’s Guide to Content Marketing