The economic downturn is dramatically impacting consumer budgets, making shoppers think twice about their spending. This puts pressure on ecommerce merchants to adapt the online shopping experiences to maximize profitable conversions. Meeting this challenge requires a focus on five key areas: Enhance ecommerce site search with dynamic ranking and merchandising: With every cent counting more,...

From your experience, can you provide examples or case studies where AI has led to increased productivity or more efficient work schedules in financial organizations? At Zennify, we use our in-house LLM called Arti – our internal ChatGPT to help with content creation and internal content discovery. This has increased productivity for our marketing team when creating assets like blog...

Explore how seamless integration of AI Integration empowers business users to make informed decisions, enhance productivity, and unlock new opportunities. When generative artificial intelligence (AI) was released to the public in late 2022, it paved the way for new and disruptive solutions to enter the corporate world. Boasting extraordinary potential for a range of business...

Access to real-time data and insights has become critical to decision-making processes and for delivering customised user experiences. Industry newcomers typically go to market as ‘real-time’ natives, while more established organisations are mostly at some point on the journey toward full and immediate data capability. Adding extra horsepower to this evolution is the growth of...

Generative AI Industry Overview The global generative AI market size was estimated at USD 13.0 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 36.5% from 2024 to 2030. Factors such as the rising application scope of technologies including super-resolution, text-to-image conversion, & text-to-video conversion, and modernization of workflow across...

MarkNtel Advisors has just published a new research report titled "Generative AI Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios. What insights and...

Artificial intelligence (AI) has revolutionized data management, empowering organizations to leverage data for informed decision-making.This article explores the transformative impact of AI in data management, presenting three key ways it enhances insights. First, how AI automates critical processes, optimizing workflows and resource allocation. Second, how AI algorithms improve data quality...

The recent ransomware attack on Change Healthcare, a subsidiary of UnitedHealth Group, has highlighted critical vulnerabilities within the healthcare sector. This incident disrupted the processing of insurance claims, causing significant distress for patients and providers alike. Pharmacies struggled to process prescriptions, and patients were forced to pay out-of-pocket for essential...

How AI avatars are transforming customer service in business What hasn’t AI transformed? Many business fields have evolved in recent years thanks to the tools that Artificial Intelligence has provided, one of them is customer service, through the use of AI avatars. This is a new way in which companies are interacting with their public, trying to be more efficient and sophisticated in...

Dive deep into the world of Generative AI and its potential for enterprise innovation. Learn the critical distinctions between Public and Private Large Language Models (LLMs) and how they can impact your organization’s AI initiatives. Large language models (LLMs) continue to command a blazing bright spotlight, as the debut of ChatGPT captured the world’s imagination and made...