The revolution is real. Long queues at railway ticket counters are a matter of the past. Airport check-ins are easier and faster, too, under normal circumstances. Few people now queue up outside cinema theaters to get tickets to watch movies starring their favorite movie stars. The fundamental reason: Optical Character Recognition (OCR).
There is much excitement around data today because of the potential it holds in unlocking new opportunities for businesses. Progressive organizations are using digital transformation and data analytics as key tools to drive strategic decision-making. Take the retail industry for example. Data analytics powers almost everything from operational efficiency, product lifecycle management, and inventory management
According to data from CBInsights, in Q1 of 2020, deals in the TeleHealth space hit a record high. Over 103 Telehealth companies raised over US $1.5 billion in capital, almost four times the number in Q4 of 2019. The COVID-19 pandemic has changed the rules of the game for telehealthcare, with remote consultations becoming the
The Banking, Financial Services & Insurance (BFSI) sector has for long been an early adopter of next-generation technology. Not only has it been an early adopter, but CIOs and technology leaders in BFSI are constantly taking advantage of the power of emerging tech to reduce operational bottlenecks and increase efficiency. The next wave - as
Your Enterprise MUST have a Text Analytics Strategy. The time is NOW. Here’s a 5-step guide to designing your firm’s Text Analytics Strategy. Most progressive enterprises around the world – startups, growth companies and large corporations – certainly have a data analytics strategy. But, most of this revolves around big data models designed around quantitative
We all are in possession of loads of unstructured data. That is why 80% of the world’s data today is unstructured. The answer to all this unstructured data is text mining – which is the best way to analyze and process all this unstructured data. Most organizations today store large amounts of data on cloud