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Tag: business trends

The AI Summit Helps Businesses to Look Beyond AI Hype

AI is already delivering real value in business. It is being implemented across all industries and business functions creating unprecedented efficiencies in human productivity. That was also the verdict of a recent Forbes Insights survey of 300-plus executives, in which 95% believe that AI will play an important role in their responsibilities in the near-future. Among the business benefits from AI most-cited by corporate leaders are: increased productivity (40%), reduced…

AI is the megatrend that will shape the future

This year’s Handelsblatt AI Summit in Munich stands out from many others for attracting most of the industry’s leading AI scientists and professors from prestigious Max Planck and Alan Touring Institutes.  Strategic players from large multinational companies such as IBM, Bosch, Siemens and Alibaba also participated, each presenting a different perspective on how AI will overhaul the way we live and change the way we do business. Yet, despite the…

The Year of AI is finally here

In this blog post, which first appeared in UKTech News, ABBYY’s global VP Neil Murphy predicts a watershed moment for AI adoption in 2019. Here are his six AI predictions everyone should read. 1. In 2019, AI will move out of the boardroom and into the enterprise 2019 will see AI move from a top-level discussion to start impacting on day to day work in businesses of all shapes and…

5 AI Trends to Keep an Eye On in 2019

Artificial intelligence is trending high everywhere and more and more companies are joining the bandwagon. Banking on this trend, Tatiana Danielyan, ABBYY’s Deputy Director of R&D identifies 5 trends that show how artificial intelligence will help to power enterprise digital transformation journey in 2019. Trend #1. The scramble for datasets to teach algorithms for specific sectoral tasks will intensify. As AI adoption in enterprises matures, it is clear that whoever…

Customer Experience Trends for Enterprise Software Companies

In the digital age, customer experience has greatly expanded in scope. You need to know your customers so well that you can not only increase their loyalty but also encourage them to evangelize to others about you. This depth of knowledge comes from analyzing all touch points and channels across the entire organization. Digital transformation and customer experience Digital disruption and shifting customer expectations are creating markets where loyalty is…

The sky’s the limit for document capture software vendors

May is looking like the good news month for developers of document capture software around the globe. A series of reports published in May not only forecast dizzying growth for document capture software market worldwide but also predict that, in the near future, the solution will be a must-have tool for businesses everywhere. A report by Market Research Report Search Engine (MRRSE) anticipates that the sector for Document Capture Software…