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RPA for Reporting: Guide with 17 Use Cases
Reporting is a vital process in all businesses to gain insights about business finances, growth, employees, and customers. However, reporting is a repetitive and time-consuming task, where 51% of report delivery departments have to deliver the same data several times, and 50% of managers are not satisfied with the speed of delivery.
Top 5 Synthetic Data Finance Applications
In my eleven years of academic and professional experience, I observe that artificial intelligence has a diverse set of applications in financial services from process automation to chatbots and fraud detection.
12 Digital Transformation Trends & Use Cases in Education
The COVID-19 pandemic has accelerated digital transformation in education as nearly 1.5 billion students worldwide became distanced from their classrooms. However, online education is not the only way digital technologies transform the teaching and learning experience. We explore how digital transformation affects education with key technologies and trends.
Top 5 Travel Chatbots with Use Cases & Examples
A recent survey found that 65% of travel industry leaders see chatbots and virtual assistants as the most significant applications of generative AI. Chatbots act as personal travel assistants, helping customers find flights and hotels, offering budget-friendly options, and recommending tailored packages and promotions.
Top 20+ Synthetic Data Use Cases
Synthetic data is gaining widespread popularity and applicability across industries, including machine learning, deep learning, and generative AI (GenAI). Synthetic data offers solutions to challenges such as data privacy concerns and limited dataset sizes. It is estimated that synthetic data will be preferred over real data in AI models by 2030.
RPA Web Scraping: Tips and Techniques
Web scraping is the act of collecting data from websites to understand what information the web pages contain. The extracted data is used in multiple applications such as competitor research, public relations, trading, etc.
Top 10+ Workload Automation Use Cases
When asked, “Which automation technologies are the key drivers of enterprise digital transformation?” 47% of business and IT leaders identified workload automation (WLA) as their top choice, with robotic process automation (RPA) following closely behind.
Bot As A Service (Baas): Definition & Platforms
Technology as a service delivers tech benefits to businesses without on-premise tools or long-term investments. BaaS providers let businesses use chatbots or RPA bots on a pay-as-you-go basis, avoiding licensing and extensive training. Bot-as-a-Service (BaaS) has been gaining popularity, and businesses that adapt will have increasing advantages over those that don’t.
Synthetic Data for Computer Vision: Benefits & Examples
Advancements in deep learning techniques have paved the way for successful computer vision and image recognition applications in fields such as automotive, healthcare, and security. Computers that can derive meaningful information from visual data enable numerous applications such as self-driving cars and highly accurate detection of diseases.
Web Scraping for Machine Learning: From HTML to ML
~54.7 billion people around the world have been recorded to use the internet, creating 1.7MB of data every second. Crawling this exponentially growing volume of data could provide many opportunities for breakthroughs in data science.