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Transforming M&A: The Role of Generative AI
Generative AI use for M&A deal processes is low at 16% today, but it is expected to reach 80% over the next three years. A recent survey reveals that 36% of the most active acquirers are using generative AI for M&A, an important trend since long-term studies show that frequent dealmakers typically outperform less active…
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Understanding Agentic AI: The Future of Autonomous Customer Service
What is Agentic AI? Gartner1 predicts Agentic AI will autonomously resolve 80% of common customer service issues without human Intervention by 2029. Despite AI’s rise, 89% of customers emphasize the need to combine human connection with AI efficiency to optimize experiences. Agentic AI, also known as autonomous AI, is a form of artificial intelligence that…
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How Generative AI is Reshaping the Media & Entertainment Industry
The Media and Entertainment industry is experiencing growth fueled by digital transformation and Generative AI. As creators gain prominence, the creator economy is booming, with revenue primarily from brand deals. However, challenges like data privacy and algorithmic bias persist. AI is enhancing personalized content experiences, yet ethical concerns about its use must be addressed.
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Generative AI: Driving Cost Reductions in Oil & Gas Industry
AI is transforming the Oil and Gas industry by enhancing efficiency and reducing costs through predictive maintenance, demand forecasting, and automated processes. Generative AI is pivotal in optimizing operations, fostering innovation, and driving decarbonization efforts. However, challenges like regulatory compliance, talent shortages, and data quality need to be addressed for successful implementation.
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AI-Powered Solutions for Smart Transportation Systems
Research reveals that the global market for artificial intelligence in transportation is set to soar to approximately $3.5 billion within the next decade. Trailblazers like Waymo, Uber, and Tesla have already made significant strides by introducing autonomous and semi-autonomous vehicles to our roads. According to Statista, from 2023 to 2030, the worldwide deployment of self-driving…
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Artificial Intelligence in Sustainability
According to recent surveys, 37% more CEOs rank sustainability as a top concern compared to the previous year. Additionally, 64% of CEOs believe that combining digitalization, such as AI adoption, with environmental sustainability presents a significant growth opportunity. This should encourage CIOs to take proactive steps in establishing their leadership by implementing sustainability transformation strategies.…
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AI Innovations Transforming Financial Services
Artificial Intelligence (AI) is revolutionizing finance by enhancing efficiency, accuracy, and customer engagement. It automates processes like fraud detection and risk management, enabling informed decision-making through data analysis. AI also personalizes customer interactions, improves security, and streamlines operations. The future of finance hinges on AI’s continued evolution, demanding robust data governance.
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Artificial Intelligence in Retail: Enhancing Shopping Experience
Introduction Retail is on the cusp of a significant transformation driven by artificial intelligence (AI). This technology is being rapidly adopted, disrupting traditional practices and redefining customer experiences. AI is set to revolutionize sales and marketing while also optimizing supply chain processes and operations, fundamentally changing how consumers buy and sell. Within the next decade,…
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Transforming Smart Manufacturing and Industry 4.0
Welcome to the era of “smart factories” and “smart manufacturing,” the cornerstones of Industry 4.0! One of the standout benefits of AI in this exciting landscape is its remarkable ability for efficient, real-time data analysis.
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AI Trends in Healthcare
By the next decade, a staggering 75% of healthcare delivery organizations (HDOs) are set to harness the power of artificial intelligence to supercharge their operational efficiency and enhance clinical outcomes! The surge in AI adoption is transforming the healthcare landscape, making it more dynamic and innovative than ever. As new AI applications emerge at lightning…
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Blog by Neha Mendon 