Remove Artificial Inteligence Remove Banking Remove Big Data Remove Report
article thumbnail

How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

Since the first reported case in Wuhan, China, of the Coronavirus, or COVID-19 as it is now known, the virus has spread to 166 countries with the number of global COVID-19 cases exceeding 614K. This raw data is then analyzed with machine learning algorithms to identify patterns and trends.

article thumbnail

Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. Additionally, even though banks invest large sums of money in contact centers for handling inbound customer queries, a majority of these calls are generic and repetitive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JP Morgan Developing Powerful Crowdsourcing Platform

IdeaConnection

JP Morgan the American multinational investment bank and financial services company is working on a new website that is going to use crowdsourcing to accumulate large volumes of data to help its clients make better decisions. Details may be scarce but there are tantalizing hints of what the investment bank has in mind.

article thumbnail

Advanced Analytics in HR: Applications and Examples

Acuvate

In fact, according to a report by Gartner, 70% of organizations expect to increase the resources they dedicate to talent analytics in the coming years. In fact, a PwC report on Performance Management highlights that 52 percent of organizations have made or are planning to make changes to employee performance management in the near future.

article thumbnail

Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.

article thumbnail

How China Creates the Strongest Innovation System

The BMI Lab Blog

The Chinese administration, through its various regional branches, is focusing on the promotion of strategic emerging industries in these areas, according them preferential treatment with subsidies, tax breaks, bank lending and direct financing. As McKinsey reports, “In 2016, China had 731 million internet users.

System 58