automation

Hitachi Teams Up with VietCredit to Automate Loan Process in Vietnam

Hitachi Teams Up with VietCredit to Automate Loan Process in Vietnam

Hitachi is teaming up with the VietCredit Finance Company to explore the potential for digital financial services in Vietnam. The companies are specifically hoping to use AI to automate key pieces of the personal loan applications process, allowing the financial institution to turn those applications around more quickly. To that end, Hitachi and VietCredit will…

Ericsson Report Highlights Importance of AI in Consumer IoT Tech

Ericsson Report Highlights Importance of AI in Consumer IoT Tech

Ericsson has released a new report that suggests that tech providers will need to leverage AI and automation to improve the customer experience on IoT devices. The company also argues that technology alone will not be enough to remain competitive in the upcoming 5G landscape. The communications service providers that succeed will need to make…

Report: Machine Vision Market Expected to Grow Leading Up to 2024

Report: Machine Vision Market Expected to Grow Leading Up to 2024

“For instance, cameras that can read license plates will enable automated toll collection, while cars with machine vision capabilities would be able to identify cyclists and pedestrians and stop them accordingly…” ResearchAndMarkets.com has released a new report on the machine vision market that forecasts growing demand for 2D and 3D machine vision technology leading up…

AI-Powered Automation Will Transform Financial Services: Nuance

AI-Powered Automation Will Transform Financial Services: Nuance

“Advanced solutions can result in more accurate and detailed reporting, improved compliance, empowered workforces, and a more satisfied client base.” – Mark Geremia, Vice President and General Manager, Dragon, Nuance Communications Nuance Communications has shared the results of its second annual survey of financial services professionals, finding that employees in the financial sector are increasingly…

Financial Services Must Embrace AI, Automation to Compete Against Disruptors: Report

Financial Services Must Embrace AI, Automation to Compete Against Disruptors: Report

“…45 percent of the financial services firms surveyed for the report said that they see major tech companies like Apple and Google as their key competitors over the next five years.” AI and smart automation could add up to $512 billion in revenues to the financial services industry over the next couple of years, according…