Search by category: Machine Learning
If you open your inbox, chances are you’ll find several emails with personalized travel recommendations. Most likely, artificial intelligence compiled them (travel agents were hardly involved) based on your search queries and travel history. This is not the only application of AI in the travel industry. Smart chatbots, virtual assistants, customer service automation, and much…
Is there any point to use machine learning for manufacturing companies? You know, there definitely is. Just take a look at the numbers: the global machine learning market is expected to grow from $21.17 billion in 2022 to $209.91 billion by 2029. If ML wasn’t delivering profitable business opportunities, it wouldn’t have attracted such money….
Right off the bat, we have some statistics for you: the global machine learning (ML) market stood at $15.44 billion in 2021. It was predicted to reach $21.17 billion in 2022 and $209.91 billion by 2029. Such rapid growth isn’t surprising: artificial intelligence (AI) and machine learning techniques reshape many industries, including healthcare, IT, finance,…
The fintech industry is drastically transforming standards for banking and financial services. Today we prefer tech-enabled options and digital financial access. So no wonder that fintech companies raised $40.3 billion in funding in 2021, according to CB Insights, and the industry is developing lightning fast. Meanwhile, cyber threats have grown exponentially, with the cybercrime epidemic…
In May 1997, during the World Wide Developers Conference, Steve Jobs shared his famous idea that the customer experience had to be the starting point for any development process and the technology had to follow it. These words do still speak the truth in 2023: digital transformation makes us deliver excellent retail, healthcare, financial, and…