Generative AI Use Cases: The Consumer Products, Consumer Packaged Goods (CPG), and Fast-Moving Consumer Goods (FMCG) industries are constantly seeking innovative ways to enhance product development, marketing strategies, and customer experiences. In recent years, generative artificial intelligence (AI) has emerged as a game-changing technology, offering tremendous potential for transforming these industries. This blog explores the…
Introduction In the competitive landscape of consumer banking, customer attrition has always been a significant challenge. Losing valuable customers not only impacts revenue but also hinders long-term growth and customer loyalty. However, with the rise of generative artificial intelligence (AI), consumer banks now have a powerful tool at their disposal to predict and solve customer…
What is Data Science? Data science is a data-driven approach to solving complex problems such as business, machine learning and computer vision. It is a field of computer science that deals with data analysis, data modeling and data mining. The basic concept of Data Science is to extract knowledge or information out of vast amounts…
Promotion Strategies In today’s era, promotions and discount offers a part and parcel of the marketing strategy of any CPG company. Various studies show that consumer companies are spending to the tune of 20% of their annual revenue on trade promotions, which is significant and worth studying. However, a no of factors influences the success…
AI model Since 2020 was year which caused major business transformation in IT & Business Operations and most of the industries has adopted the digitalization as all these will have a high impact on technology, which will shape our outlook in the future. AI trending will end up being a piece of a greater picture…
A study found out AI adopters finds businesses face challenges in critical aspects of data management: preparing and cleaning data, integrating data from diverse sources, training AI models, and ensuring data governance. Over the last couple of years, Adoption of AI is rapidly increasing businesses are pursuing embracing AI for their forces, yet it accompanies…
 The per capita healthcare expenditures in the U.S. are more than two times that of other developed countries and estimated to increase by over 65% over the next decade. Further, the implementation of the Affordable Care Act (ACA) has led to a change in reimbursement models from fee-for-service to outcome-based models. This requires healthcare…
The continuous increase in data is forcing companies to shift their strategical business focus towards analytics. Even though harnessing the power of this huge amount of data can provide organizations significant benefits, many companies still have not gone beyond collecting and storing the data. It isn’t easy to deal with this huge quantum of unstructured…
The leading problem in the country right now is unforeseen volume of Non-Performing assets with the banking system. To clean the balance sheets of the banks asset reconstruction companies purchase bad assets or NPAs from banks at negotiable price. Banks auction NPA accounts through e-auction or offline bidding process. The information about the accounts for…