Conversational AI for finance is a true industrial paradigm shift. The financial inclusion rate has been steadily rising over the years, which led to the fact that over 70% of the global population has an account with one or even several financial service companies. The idea that people still handle this work volume is enough…
You’re googling “What’s the best language for AI development?” and see a dizzying array of options! Most likely, the first search result will be Python. But is it truly the best choice, or do newer, more robust contenders exist? Your colleagues might have mentioned the young and promising Julia, while competitors prefer good ol’ Java….
With AI outsourcing services, forget about those times when robotic process automation and better-informed decisions were the privilege of few. Today, anyone can deliver personalized recommendations like Booking or Instagram, automatically optimize prices like Uber or Ryanair, timely predict churn like Netflix or Spotify, and relish other tech opportunities with no substantial upfront investments. Read…
How about using a chatbot for sales? Skeptical? Bet we can change your mind! Picture a shopper on your online store: poised to buy, their cart brimming with items — then vanish, like so many others, contributing to a staggering $111B–$136B in annual retail losses from abandoned carts. How can you thwart this scenario? What…
What is an AI prompt and how to write one? These are very timely questions, considering that Statista folks expect the artificial intelligence market size to hit 300 billion bucks and beyond. Let’s face it: even though ChatGPT’s co-creator Sam Altman said that it is a mistake to use ChatGPT for important tasks, the global…
Remember the days before AI chatbots in banking? You’d call a friend in the morning and say, “I’m busy till the evening — going to the bank, you know the lines there.” Or this: “Press 2 to check your card balance, press 3 to contact an operator”. How annoying was that, right? Now, imagine you’re…
Cross-platform vs. native app development: if you have ever thought of building an application, you know how torturous the choice is. You have the money and want to deliver a top-notch product, so native app development seems like your best bet. But why spend the bucks, if a cross-platform solution can do the job just…
You bet there should be little to no difficulties with the implementation of a CRM system, right? Simply download an app, sign up, add clients — and voilà! After all,91% of companies with 11+ employees somehow use such a system. Meanwhile, the reality is far more complicated. The path to a successful CRM implementation is…
Big data analytics in the insurance industry is hardly news. The sector was one of the first major finance players to tap into the potential of information technologies, and it remains true to its original course. After all, what insurance providers do is they assess risks and hedge against financial losses. That requires a lot…
What joins together a microservices architecture in Java and self-assembly IKEA furniture? Just like buyers replace IKEA wardrobe doors with new ones or take out and repaint the shelving to quickly refresh its look, programmers juggle with multiple constituents of a microservices-based solution to speed up each deployment. In other words, in both cases, we…
When the words “Umbraco eCommerce website” dance in your mind, you might envision a relic from the digital Stone Age — clunky, outdated, and collecting virtual cobwebs. Reserve your judgement. You’d be surprised. Umbraco isn’t just another contender; it’s a heavyweight champion, outshining even Shopify and WooCommerce. How so? Buckle up! In this guide, we’ll…
Can you dare yourself to skip the Umbraco SEO part? Alas, no. In the 2020s, SEO is integral to the success of any online venture. There have been times when even the biggest brands have stumbled and made mistakes. Take BMW, for example. Back in 2006, the German automobile giant was temporarily banned from Google…
Big data analytics in banking is everything. This industry is built on the idea that today you should be making decisions wiser than yesterday’s, so it doesn’t say no to the opportunity for amelioration. Mordor Intelligence writes that the banking market size is expected to grow from $6.97 million in 2023 to $19.72 million around 2028,…
If the question “What is Umbraco?” evokes your interest and you dream of a new website with rich functionality, you’re hitting the right path. Being a truly flexible and user-friendly content management platform, Umbraco offers everything an ambitious site owner may desire (and even more). However, like any other solution, it has its peculiarities to…
“How to use ChatGPT API?” It seems that is the question on everyone’s mind these days. ChatGPT was released just a little over a year ago (November 2022), but the number of its users has already surpassed 180 million. Companies like Salesforce, Quizlet, MasterCard, Microsoft, and Slack have been leveraging its power to implement superb customer…