Analysis 

New IDC MarketScape Evaluates European Mobile Banking Software Solutions, 2017 

IDC Financial Insights has released a new IDC MarketScape study to provide end users with guidance on examining existing mobile banking solutions and/or planning for future investment opportunities. The new study, IDC MarketScape: European Mobile Banking Software Solutions 2017 Vendor Assessment (IDC #EMEA42420917), is an IDC MarketScape assessment of European mobile banking software solutions in terms of how the major vendors compare with each other, and the most important criteria for financial institutions to consider when making a mobile banking investment decision. The study includes 11 solutions that have presence in Europe, and…

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News 

Google Reveals a Powerful New AI Chip and Supercomputer

The new chip and a cloud-based machine-learning supercomputer will help Google establish itself as an AI-focused hardware maker. If artificial intelligence is rapidly eating software, then Google may have the biggest appetite around. At the company’s annual developer conference today, CEO Sundar Pichai announced a new computer processor designed to perform the kind of machine learning that has taken the industry by storm in recent years (see “10 Breakthrough Technologies: Deep Learning”). The announcement reflects how rapidly artificial intelligence is transforming Google itself, and it is the surest sign yet that…

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Analysis 

Artificial Intelligence comes to the rescue for the retail industry

Exponential progress in artificial intelligence (AI) and machine learning, fueled by the combination of cloud, big data and new algorithms, is transforming the retail industry. As AI leverages big data to automate, predict and personalize, retail is testing and implementing these applications to garner robust competitive advantages. The key focus for AI in retail is customer relationships. In times of concerns for the retail sector in the UK where sales posted biggest quarterly fall since 2010, the refashioning of this industry comes as a breath of fresh air with many…

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Comments & opinions 

How IT Consultancy Services can create a ‘Win-Win Situation’ for your business

In the present digital era, where technology plays a crucial role in transforming and shaping the ways businesses have been developing so far, IT consultancy is a game-changing tool! The IT ecosystem has faced various technological developments and is steadily growing at a faster pace than ever before. In order to drive business growth, IT consultancy has a lot to offer. Organizations are adopting the consultancy services from top service providers and availing the most promising advice to gain optimum business results. Good IT consultants not only save your time…

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Comments & opinions 

Voice software has key role in future customer interactions

Consumers are increasingly combining their digital interactions with voice communications, and live conversation has become the new competitive battleground for customer experience.  Unfortunately, most brands lack the ability to bridge the gap between digital and voice for a unified view across the customer journey. This is creating serious challenges for their customer experience initiatives. In response, call intelligence company Invoca is upgrading its Invoca for Adobe Marketing Cloud service, to be powered by Invoca Signal. It enables marketers automatically to capture custom, actionable insights from hundreds of data points on…

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Comments & opinions 

Making Big Data normal with graph analysis

Social networks have transformed the Internet into a complex web of relationships. Graph analysis offers a way to understand these complex relationships. Graph analysis models are powerful enablers of fine-grained predictive modeling of human behavior as they help in identifying the likely behavior of individuals in their fuller context of groups, relationships, and influence. These models offer microscopic and detailed views of the customer experience by focusing on human actions and interactions. Graph analysis has the potential of transforming a wide range of applications in the public, private, and research…

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Analysis 

Western European Spending on Augmented and Virtual Reality Forecast to Reach $2.5 Billion in 2017, says IDC 

The Worldwide Semiannual Augmented and Virtual Reality Spending Guide update, recently released by International Data Corporation (IDC), forecasts Western European revenues for the augmented reality and virtual reality (AR/VR) market to reach $2.5 billion in 2017, showing a 131% increase over the $1.1 billion spent in 2016. AR/VR spending will further accelerate in the coming years, achieving a compound annual growth rate (2015-2020 CAGR) of 210% and totaling $25.7 billion in 2020. “These kinds of devices have been around for a while; but now we are seeing the right combination of content, components, investment and…

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Comments & opinions 

Making sure systems “do the right thing”

AI is fascinating but is not an end in itself. Developers are looking for ways to sensibly incorporate the technology. Modern learning algorithms, such as deep neural networks, are able to autonomously solve highly complex tasks – with nearly human precision. Up to this point, however, these intelligent algorithms are black boxes. No one knows why they make the decisions they do and why they at times fail. With Transparent AI , the Fraunhofer Institute for Telecommunications, Heinrich Hertz Institute, HHI in Hall 6 is presenting a general tool that allows users…

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Analysis 

Spending on the Central and Eastern Europe Mobility Market Will Reach $64.7 Billion in 2020, According to IDC 

According to the recently issued Worldwide Semiannual Mobility Spending Guide, International Data Corporation (IDC) forecasts a stable consumer and enterprise mobility market in the Central and Eastern Europe (CEE) region over the 2016-2020 period. Total CEE market revenue is expected to increase from $60.9 billion in 2016 to $64.7 in 2020, reflecting a 1.4% compound annual growth rate (CAGR). Connectivity services will represent the largest category of mobility spending over the forecast period, with a slightly decreasing share of the overall market. Hardware investments will contribute over 36% to mobility spending,…

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Comments & opinions 

Transform your business into a Digital War Machine

Digital technologies have impacted or rather have shaken up the majority of the industries today. Digital businesses have shown potential to save costs, redefine value chains and they even allow us to work and collaborate in new ways. One of the main benefits of a true digital business is that it leverages technologies that will allow it to produce value at almost no cost and equally distribute that value at not cost either. These are good pre-requisites for rapid growth. But what is a digital business and what are the…

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