AI Trends & Applications - Blog category

By 2027, chatbots are expected to become the leading customer service channel for about a quarter of businesses. The reasons are clear: chatbots can readily understand a user's intentions, recall their context, and provide them with relevant answers and actionable recommendations. But as Uma Challa, a senior analyst at the US-based research and advisory firm Gartner, notes from the beginning...

Today, the data of a business is much more than just numbers sitting in a spreadsheet – it’s a treasure trove of insights waiting to be discovered. When used correctly, your data can help make smarter decisions, optimize operations, and drive growth. That's why the majority of companies realize that investing in data is a priority. But what do you...

Digitalization in the business world is not a choice but rather a necessity. Whether your business operates in manufacturing, automotive, or agriculture, using computer vision (CV) can undoubtedly increase operational efficiency and drive growth. As businesses constantly strive to meet standards while minimizing costs, computer vision for quality control can kill two birds with one stone. The automated quality inspection...

The economy is stormy, and shoppers feel the consequences firsthand. To stay ahead, retailers must focus on efficiency. Artificial intelligence (AI) in the retail sector can become a silver bullet to help you succeed. Solid 48% of respondents believe AI-driven innovation in retail will shape the domain in the next three to five years. The adoption of artificial intelligence solutions is...

You've heard all the buzz about artificial intelligence and how it can transform your business. But before diving in, you need to understand as much as possible about the AI app development cost.  Sticker shock awaits you if you fail to grasp the factors affecting the price. Don't let that be you! Arm yourself with knowledge before approaching vendors. This...

With the rise of digital technology, the need for personalized, effective customer experience is at an all-time high. This trend highlights the importance of developing AI chatbots for e-commerce, as they cater to users’ preferences for quick and accurate assistance. According to Statista, 44 percent of users highly appreciate the help of a chatbot on an e-commerce website in finding...