technology advancement
The Rise of AI Enabled Chatbot aka Automated Agent in Insurance
Consider a scenario where a potential customer is looking to get an insurance policy quote on a website at 1 a.m. He is confused about which plan is suitable for his family and just then a chatbot pops up on his screen and asks, "Hey, may I help you?". It, subsequently, has a conversation with the prospect using natural language and helps him shortlist plans based on his inputs keeping the customer engaged all the way through to sale. Over the past few years, several insurance companies in India have rolled out AI-enabled chatbots. Bajaj Allianz General Insurance, ICICI Lombard General Insurance, Birla Sun Life Insurance, PNB MetLife India Insurance and HDFC Standard Life Insurance etc. are using bots for either customer support or sales. Most of these bots work on NLP (Natural Language Processing) and keep learning as they interact with more customers.
Cognitive Computing Market 2020 Technology Advancement and Future Scope – Palantir, Saffron Technology, Cold Light – Vital News 24
The report titled "Cognitive Computing Market" report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth.
- North America > United States (0.06)
- Europe (0.06)
- Asia > Japan (0.06)
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Evolving Relationship Between Artificial Intelligence and Big Data
Find the evolving relationship between big data and artificial intelligence. The growing popularity of these technologies offers engaging audience experience. It encourages newcomers to come up with an outstanding plan. AI and Big Data help you transform your idea into substance. It helps you make full use of visuals, graphs, and multimedia to give your targeted audience with a great experience.
- Information Technology > Data Science > Data Mining > Big Data (1.00)
- Information Technology > Artificial Intelligence (1.00)
Robotic Process Automation (RPA) in Insurance Industry
Robotic Process Automation (RPA) is at the peak of inflated expectation cycle, says Gartner. They estimate by 2022, 85% of large and very large organizations would have deployed some form of RPA solutions to automate their business. Overall, the global Robotic Process Automation software spend is expected to reach $2.4 billion in 2022. Robotic Process Automation today is mainstream with increasing adoption across industries. More so in Insurance Industry, where technology advancement has been moving at a snails' pace.
Drone Analytics Market 2019 Technology Advancement and Future Scope – Precisionhawk, Viatechnik, Pix4d, Kespry – Island Daily Tribune
This report on global Drone Analytics market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the global market. The global Drone Analytics market size was 2.3 million US$ and it is expected to reach 5.6 million US$ by the end of 2025, with a CAGR of 10.4% during 2019-2025. Based on industry, the drone analytics market has been segmented into agriculture & forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, and others. The construction segment is projected to grow at the highest CAGR during the forecast period.
- Europe (1.00)
- North America (0.52)
- South America (0.17)
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- Energy > Oil & Gas (0.57)
- Banking & Finance > Trading (0.52)
Artificial intelligence detects the presence of viruses
Credit: UCLA Engineering Institute for Technology Advancement Many biosensing applications rely on characterization of specific analytes such as proteins, viruses and bacteria, among many other targets, which can be accomplished by using micro- or nano-scale particles. In such biosensors, these particles are coated with a surface chemistry that makes them stick to the target analyte forming clusters in response. The higher the target analyte concentration is, the larger the number of clusters gets. Therefore, monitoring and characterizing these particle clusters can tell us if the target analyte is present in a sample and in what concentration. Current methods to perform such an analysis are limited in that they are either capable of only a coarse readout or rely on expensive and bulky microscopes, which limit their applicability to address different biosensing needs, especially in resource limited environments.
- North America > United States > Massachusetts > Hampshire County > Amherst (0.05)
- North America > United States > California (0.05)
Implementations of Artificial Intelligence in 2019
"Data will talk to you, if you're willing to listen to it" says a wise quote by Jim Bergeson. Thanks to the Internet, social media and increased use of affordable smart devices, there is a vast amount of data and it continues to pile on! This data has given rise to a new age technology that has now become a jargon in industries – Artificial Intelligence. Artificial intelligence, with the aid of machine learning, has the power to study and interpret this data, which is revolutionizing the way of functioning of industries, and has also given birth to two words almost all companies want to associate themselves with – 'Digital Transformation'. So, what exactly can companies do with Artificial Intelligence and how can they leverage it into their businesses in 2019?
- Information Technology > Security & Privacy (1.00)
- Health & Medicine (0.72)
Qualcomm debuts Snapdragon 429, 439 and 632 Mobile Platforms - Video
Qualcomm Technologies, Inc. today announced three new additions to the Qualcomm Snapdragon 600 and 400 tiers - the Snapdragon 632, 439 and 429 Mobile Platforms. These platforms are engineered to bring higher performance, better battery life, more efficient designs, impressive graphics and artificial intelligence (AI) capabilities into the highest-selling Snapdragon tiers. Qualcomm debuts Snapdragon 429, 439 and 632 Mobile Platforms Qualcomm continues to bring more premium technology advancements to lower Snapdragon tiers, which is helping to transform the mass-market consumer experience. Snapdragon 632 The new Snapdragon 632 brings some of the most sought-after mobile experiences, including mainstream gaming, 4K video capture, artificial intelligence, and fast LTE speeds-all for an affordable price. Built on advanced FinFET process technology, the Snapdragon 632 boasts up to 40% higher performance thanks to the combination of the Qualcomm Kryo 250 CPU and Qualcomm Adreno 506 GPU.
- Telecommunications (1.00)
- Semiconductors & Electronics (1.00)
- Information Technology > Artificial Intelligence (1.00)
- Information Technology > Communications > Mobile (0.92)
10 Questions & Answers about Chatbots
In the last couple of years, we have heard a lot about chatbots. They are being adopted rapidly by businesses in many industries including banking, entertainment, finance, healthcare and media, to name a few. A study by Business Insider shows 80% of the businesses want chatbots by 2020. This blog aims to answer some common questions about chatbots. A chatbot is a computer program that mimics conversation with people, using artificial intelligence (AI), and are revolutionizing the way we interact with the internet.
- Health & Medicine (0.36)
- Media (0.32)
Four predictions for Pittsburgh's self-driving cars in 2018
This year in self-driving car news started with Mayor Bill Peduto hoping for a better relationship with Uber and ended with policy recommendations from Carnegie Mellon University students on using autonomous vehicles to improve access to public transit. In between, the city's self-driving scene grew by two. Ford invested $1 billion into Pittsburgh self-driving startup Argo AI and Aurora Innovation launched, bringing the number of autonomous vehicle testers in the city up to five -- Aptiv (formerly Delphi), Argo AI, Aurora Innovation, CMU and Uber. But there's still a way to go before we're all multitasking as our cars drive themselves. For one thing, laws need to be created. And the technology needs to get there, too.
- Transportation > Passenger (0.76)
- Transportation > Ground > Road (0.76)
- Information Technology > Robotics & Automation (0.66)
- Government > Regional Government > North America Government > United States Government (0.49)