Countries such as China, the US, South Korea, and Russia are investing huge sums of money to develop their AI technologies. On the other hand, India is also picking up its pace and entering the race of AI. Artificial Intelligence is indeed the next big thing that would dominate the world. Even the top IT companies have now declared that AI is the future. Countries such as China, the US, South Korea, and Russia are investing huge sums of money to develop their AI technologies and other policy strategies related to the same. On the other hand, India is also picking up its pace and entering the race of AI.

When a broker sends an email requesting a quote for an insurance policy, an AI tool like Holmes captures the email and processes all the information, including from attachments. It could then automatically create a case in a CRM tool like Salesforce, filling-in all the relevant and available information. The case handler would be automatically notified of the request and could review the automatically retrieved information. An automated user interface (UI) supports the entire process, with features such as the ability to visualize where specific data was retrieved, identify external sources used to validate data (like the Customer Commercial Name or VAT Number), or highlight updates sent by the broker during the validation process.

Wipro has entered into a three-year partnership with the University of South Carolina and the Indian Institute of Technology, Patna (IIT Patna) with an aim to advance artificial intelligence (AI) led innovation. The co-innovation model of the partners is said to represent a joint research attempt that will involve doctoral candidates from industries and academia. Professor Amit Sheth -- founding director of the AI Institute at the University of South Carolina said: "Wipro's initiative to collaborate with top national and international academic partners in Natural Language Processing is pathbreaking. The co-innovation model pursued by this collaboration has a significantly higher chance to achieve tangible results for all involved. "AIISC @UoSC has years of experience building and applying knowledge graphs in research and commercial applications.

Wipro's hiring hackathon – sustainability machine learning challenge – concluded on February 14, 2022.

Wipro Limited a leading global information technology, consulting and business process services company, announced that it has been recognised by the Top Employers Institute as a top employer in Europe. This was Wipro's first year applying for certification in Europe, which saw it placed fifth out of over 1,800 companies from around the world. Additionally, Wipro secured the certification in France (ranked 2nd in market), Switzerland (3rd), the Netherlands (4th), Germany (5th), and the UK (5th), with scores of over 95% in each region. Wipro performed well in most categories but significantly outperformed the benchmark in the Career, Work Environment, Diversity & Inclusion and Digital HR categories. The Top Employers Institute, established 30 years ago reviews submissions across several key HR practices including People Strategy, Work Environment, Talent Acquisition, Learning and Development, Wellbeing and Diversity and Inclusion.

Artificial Intelligence technology can bridge the gaps in security technology, help build next-generation security teams and introduce security culture into enterprise

On May 4th, Infosys announced that it is planning to hire 1,000 workers in the next three years to support the UK economy post the pandemic. These fresh hires would be working in the innovative digital space with disruptive technologies like artificial intelligence, cloud computing, and data analytics. The employees will also be provided with critical training and mentoring. Infosys said that it will mostly hire fresh graduates from different universities in the UK and the new recruits will be working in Infosys' design studio in Shoreditch, an innovation center in Canary Wharf, proximity centers in Nottingham, and other client locations across the country. Infosys is globally recognized as a top employer and this initiative will enable to bridge the gap that occurred in recent digital transformations across different industries.

For example, those processes where RPA could not be implemented because the underlying data was unstructured and human judgment was involved can now be automated by introducing AI, which would convert the unstructured data to structured data and make decisions as a human would. In addition, AI robots would self-learn over time and thus would further free up resources that are needed to work on the'exceptions', which RPA could not handle. Integrating RPA and AI would also allow the automation process to become significantly faster and end-to-end. Similarly, the lone implementation of AI may not make business sense because of the implementation costs involved, but when combined with RPA, would be viable to implement, as combined ROI of the two technologies would be positive.

The future of corporate cybersecurity seems to lie in artificial intelligence (AI) and machine learning (ML) solutions, a new report from global IT company Wipro suggests. According to Wipro's annual State of Cybersecurity Report (SOCR), almost half (49 percent) of all cybersecurity-related patents filed in the last four years have centered on AI and ML application. Almost half of the 200 organizations that participated in the report also said they are expanding cognitive detection capabilities to tackle unknown attacks in their Security Operations Centers (SOC). From a global perspective, one of the main threats for organizations in the private sector seems to be potential espionage attacks from nation-states. Almost all (86 percent) cyberattacks that came from state-sponsored actors fall under the espionage category and almost half (46 percent) of those attacks targeted the private sector.

Wipro Limited, a leading global information technology, consulting and business process services company, released its annual State of Cybersecurity Report (SOCR) that presents changing perspectives of cybersecurity globally. The report provides fresh insights on how Artificial Intelligence (AI) will be leveraged as part of defender stratagems as more organizations lock horns with sophisticated cyberattacks and become more resilient. There has been an increase in R&D with 49% of the worldwide cybersecurity related patents filed in the last four years being focussed on AI and Machine Learning (ML) application. Nearly half the organisations are expanding cognitive detection capabilities to tackle unknown attacks in their Security Operations Center (SOC). The report also illustrates a paradigm shift towards cyber resilience amid the rise in global remote work. It considers the impact of COVID-19 pandemic on cybersecurity landscape around the globe and provides a path for organizations to adapt with this new normal.