Today, we live in an era of rapidly evolving business landscapes that are dynamic and complex. Digital transformations dominate the world, and the definitions of “experience” and “value” have evolved into new dimensions. Thus, maintaining a competitive advantage requires more facets than mere operational excellence. Ignoring the shift and failing to adapt to changing customer […]
Innovation is the lifeblood of a business. The arrival of generative AI (Gen AI) heralds a new and exciting chapter in innovation. With its ability to generate new data indistinguishable from existing data, the technology—with Large Language Models at its core—delivers new ideas, processes, designs, content, and code. It is, therefore, no surprise the technology […]
Generative AI (Gen AI) and LLM (Large Language Models), the technology behind it, are re-shaping powerful trends in various industries, including e-commerce. Generative AI is a cutting-edge technology that creates new content (text, images, video) based on a variety of inputs and existing data “Global Generative AI in e-commerce market value is at USD 529.5 […]
In the evermore competitive landscape of banking and financial services (BFS), a deep understanding of customers, regulations, and local cultures is essential. As the Internet offers global access to financial services, businesses seeking to expand their reach require effective localization to gain a competitive edge. Using AI and large language models (LLMs) could be a […]
Generative AI has surged onto the global stage, disrupting traditional business practices and models. As leaders, innovators, and analysts, we are engaged in a race to effectively harness and apply generative AI tools. While we marvel at the capabilities of tools like ChatGPT and Google Bard, which produce lifelike content, it is now crucial for […]
The ability to predict the future is central to society. Today, we try to predict everything, from the outcome of the ball game this evening to the weather tomorrow morning, from the state of the stock market this month to the likely value of our investments next year and the possibility of a pandemic in […]
“Trust is the currency of interactions,” says Rachel Botsman[i], author of Who Can You Trust? and the creator of the first course on trust in the digital world at Oxford University’s Saïd Business School. When the interactions and relationships with a business cannot be trusted, it can lose as much as 30 percent of its […]
Human tendency is to look for security and assurance in every aspect of our lives. Even when buying an item, we check the reviews, product quality, and durability. If you are about to buy a product that will be used for a long time, for example, a mobile phone, what aspects will you consider apart […]
There are many reasons to love winter, maybe the snowy days, the delicious flavor of hot cocoa, or the excitement of the upcoming holidays. Last week, we focused on appreciating the beauty of snowflakes and joining visitors from around the Nordics on the Snowflake World Tour in the chilly city of Stockholm. Empowering data professionals […]
What is Endless Aisle? Endless aisle is a retail business model that enables retailers to provide customers with options to explore and buy items across multiple channels like online and in-store. It makes the store’s aisles ”endless”, and provides a range of enticing options including unavailable options in store. This increases the likelihood of customers […]
Today, enterprises prefer multi-cloud strategies as they can reap features of different cloud providers, making their infrastructure far more flexible and scalable. 98% of Indian enterprises using the public cloud have adopted multi-cloud infrastructures, platforms, and services to run their business1. A multi-cloud environment allows enterprises greater flexibility compared to a single-cloud platform. It helps […]
Zero-trust models are becoming increasingly popular as businesses seek ways to protect their data, applications, and networks from cyber threats. The proliferation of connected devices and applications moving to clouds has triggered the need to implement Zero-trust models. The global zero-trust security market was valued at USD 19.8 billion in 2020 and is expected to […]
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