4 Digital Transformation Trends To Watch Out In 2024 For Banking and Financial Services
The financial world is experiencing a rapid transformation and financial technology is on the rise. With continuous innovation, 2024 promises to be a truly transformative year for the banking and financial services sector. Below are the top trends that can dominate the financial industry in the year ahead. Prioritize digital customer experience There is a […]
Harnessing Artificial Intelligence To Power Business Processes
Artificial Intelligence (AI) is a revolutionary technology that is advancing rapidly in an expanding digital landscape due to its ability to supercharge the power of businesses, opening up opportunities for them to solve complex business challenges and achieve growth and success amid digital transformation. Today, AI has significantly become ubiquitous and has found its use […]
Why Intelligent Document Processing (IDP) Is Driving Business Processes?
According to Grand View Research, the global market of Intelligent Document Processing (IDP) is predicted to reach USD 11.6 billion by 2030. This technology has emerged as a powerful tool for businesses to digitalize business processes and deliver considerable returns on investment in a short time. Challenges of traditional document processing Initially, businesses often have […]
How Human–Bot Collaboration Redefines The Future Of The Workforce
The World Economic Forum’s 2021 report revealed that 97 million new roles will prompt a massive spike in new labor positions between humans, machines, and algorithms by 2025. Developing successful human-machine collaborations takes work. Organizations worldwide are finding ways to leverage collaborative workflows and ensure that humans and bots complement each other for the organization’s […]
Accelerating Malaysia’s Future Digital Transformation
The digital economy has presented a remarkable value-generating opportunity for Malaysia, facilitating businesses to digitalize their operations to optimize growth and revenue. It’s crucial that the nation and businesses are ready to harness the power of technology and take advantage of a treasure trove of opportunities that lay in embracing digital transformation. The state of […]
Taking Manufacturing To The Next Level With Intelligent Automation
Automation is not a new concept in the manufacturing industry. As digital transformation storms the sector, manufacturers start to pursue more advanced technologies, including Intelligent Automation. Significantly, more than 50% of the European manufacturers implemented AI, followed by Japan (30%) and the US (28%). Besides, AIMultiple revealed that manufacturing was the top industry to leverage […]
Intelligent Automation Taking The Banking Industry To New Heights
Banks today have to deal with unprecedented challenges – from growing chances of a recession, increasing customers’ expectations, and emerging fintech competition, to name a few. To stay competitive and profitable in the digital age, banks must innovate how they operate through the implementation of Intelligent Automation (IA) – a combination of Robotic Process Automation […]
Logistics In 2023: Overcome Challenges With Digital Experience
S&P Global Market Intelligence’s Supply Chain Digital Transformation Enterprise Survey 2023 reveals that logistics firms believe that digital transformation is crucial for businesses to stay ahead of the curve in the competitive business world. According to the survey, 67% of logistics companies have embarked on the digital transformation journey to digitize business processes. Meanwhile, nearly […]
The True Value of RPA ROI
A few years ago, RPA was widely applied by businesses for their mission-critical processes because of its ability to perform tasks quickly, with 100% accuracy, and more stable than humans. According to the Deloitte Global RPA Survey 2018, by the end of 2025, RPA will reach almost universal adoption, becoming an indispensable technology trend worldwide. […]
What Should RPA Freshers Keep in Mind When Creating Bots?
When starting with RPA platforms, many developers think that creating bots is simply a continuous drag-and-drop process to get the bot to run. However, to build understandable, easily modifiable, and sustainable RPA bots under changing environmental conditions, developers need to invest more. After two months of working at akaBot, RPA Developer Lương Minh Duy has […]
