25 Nov
Chatbots vs Smart Virtual Assistants – Understanding the Difference
Do you know about Tequila’s Patron, the most famous bot tender? Wait! Have I spelled it right? Should that not be ‘bartender’? No, it is right and it is ‘bot tender’. Patron is the AI-powered chatbot, the virtual bartender of Bacardi. Gone are the days when chatbots were used only for support by financial sectors...
21 Nov
IoT for Risk Assessment in the Insurance Industry
“The Internet of Things (IoT) is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment” – Gartner IoT is much more than a network of devices. It is an ecosystem, a digital ecosystem to be precise. The number of interconnected devices...
17 Nov
Reducing Insurance Claim Investigation Costs with AI
In today’s fast-paced, digitized world, businesses must be agile to adapt and respond quickly to new challenges and opportunities. One of the biggest challenges faced by insurance carriers is fraudulent insurance claims. To reduce fraudulent insurance claims, many insurance carriers are turning to artificial intelligence (AI) and machine learning solutions. AI algorithms can analyze large...
14 Nov
Leveraging Conversational AI to Automate Social Media Interactions
Social media has always been an integral part of every business’s marketing strategy. A study says that 51.7% of businesses have turned to social media marketing ever since the pandemic. Automation plays a huge role in long-term success and growth in today’s business world. With the recent technological progress, AI is pushing the frontier of...
10 Nov
Voice of a Generation: Why Gen-Z Prefers Voice Assistants
Communicating with our devices fluently without physical interaction is in the future evidently, and talking – the primary form of human communication – is making its way into our gadgets already. Growing up in the age of technology, Generation Z young adults today are utterly comfortable calling out into the open air, “Hey Siri”, “OK...
06 Nov
Telesales with Voice Assistants: How to Boost Outbound Sales with Voice AI?
Nowadays, if you want to stay afloat and thrive as a company, you need a robust technology base. Technology breaks old rules and provides new tools for more effective sales. With recent advancements in AI, speech recognition, NLU, and NLG more and more organizations are turning towards conversational AI as a primary means to communicate...
