Today, digitization penetrates all spheres of business. 2.5 quintillion bytes of data that people create every day is predominantly unstructured data. Whether it is audio, video or text, big data – if meticulously collected, recognized, and processed – can generate business value through leveraging state-of-the-art technologies. But no matter how intelligent machines may be, they…
AI has been disrupting most of the industries lately. In this article, we’re going to witness how AI’s been making its way into pricing and revenue management. According to a recent survey of 1,700 business leaders conducted by Bain, 85% of B2B teams think their pricing decisions could be better and only 15% of them…
AI has become an integral part of our personal lives. During the pandemic, it’s been helping combat the virus, facilitating access to home workouts, reshaping home work, and more. According to Fortune Business Insights, the global AI market will reach USD 266.92 billion by 2027. And that’s just the beginning. In the coming years, AI…
Predictive analytics in personalized care is much more than only treating and preventing disease. It is also about reimagining the healthcare system to better serve future generations. Personalized Big Data precision medicine has the potential to offer efficiencies that will ensure the sustainability of healthcare systems in the face of growing prices. In 2021, healthcare…