Although the idea of the ‘chatbot’ has been with us since the 1960s, it is only now that we have brought this idea to life. Chatbots are programs that can simulate human interactions to communicate with humans by mimicking natural human languages. Thanks to the rapid progress in AI and Natural Language Processing (NLP), chatbots have revolutionized the way brands…
The Middle East is on the cusp of digital disruption, and leading this game is none other than the UAE. It is the only Middle East nation to have consistently ranked among the top countries in the world in the digital competitiveness index - in 2018 the UAE jumped up a spot (from 18th rank to the 17th) ahead of…
For long, the UAE has been deeply invested in emerging as one of the most advanced countries in the world, and now it has turned its focus on Artificial Intelligence (AI). This year, the UAE Cabinet adopted the National Artificial Intelligence Strategy 2031 with an aim to become a global leader in AI by 2031. The strategy plans to integrate…
Automation has become a reality in almost every industry, and the insurance industry is no exception to this revolutionizing technology. The insurance industry has begun to leverage automation to process vast siloes of complex data, boost the overall operational efficiency, reduce costs, and maintain competitive relevance in the market. Stakeholders in this industry are continually seeking ways to integrate intelligent…
The UAE has been at the forefront of digitization and smart revolution for quite some time now. It is, after all, one of the most advanced digital economies in the world, according to the latest edition of IMD World Digital Competitiveness Ranking 2018. In this report, the UAE moved up to rank 17 (one spot up from rank 18…
According to a survey by Capgemini Research Institute, by 2022, businesses could save up to $165 billion by the large-scale adoption of automation across different sectors of the industry including manufacturing, automotive, retail, and utilities. Cost savings, speedy delivery, and streamlined operations are among the many reasons why automation is increasingly creeping up the workforce ladder. As machines are increasingly complementing…
Apple has rolled out its TV app for more than 100 countries including India, Canada, and the United States. The app is going to run across a variety of Apple devices such as iPhone, iPad, Apple TV along with Samsung Smart TVs. The global giant Apple is all set to disrupt the smart TV application and online-video market with its…
Real Estate sector is now being considered more of a sales-based industry that still lacks consumerism and professionalism. However, the trends are changing and the industry is facing a technological disruption that is going to change it for good. This is going to bring a paradigm shift and the industry is sure to witness certain changes. Here is a look…
The Internet of Things (IoT) is a relatively new concept that’s impacting us in new ways every day. The term itself refers to the interconnectivity of our devices which are becoming smarter than ever before. Devices are able to collect information, receive information, and act on this information. As you can imagine, the development of the IoT is a big…
Manufacturing plants involve complex processes that include raw materials, finished goods inventory and workforce management. Here, maintaining efficiency in the process is the only way to ensure better profit margins and effective management. Manufacturing businesses must be aware of all the possible aspects for better execution of processes before implementing any new system such as automation. Here is a list…
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