Tag Archives: bots

Bots, Applied AI: Are they the future??

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Satya Nadella, CEO, Microsoft says “Bots are the new apps”.

A computer program designed to work on its own to collect information through internet and carry out the monotonous tasks are called bots, pretty much that can be summarized about bots for the common man. A chatbot is a computer program, a humanized service, fueled by complex math and algorithmcontrolled by rules that can be interacted with, via a chatting interface.

Dynamic interaction on internet at various websites is another potential place where bots are being used and positively influence the milieu. Continue reading Bots, Applied AI: Are they the future??

Artificial Intelligence – Humans and Machines working together

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AI is all about machines simulating the human intelligence. Cognitive Automation leverages the AI techniques that simulate human brain functioning, helping in complex processes towards decision making, task completion and achieving the goals. Automation has played a pivotal role in propelling this era of remarkable advancement to the next level.

Recently, a fortune 100 bank, $68 billion annual revenue and nearly 50,000 employees, improved their operational efficiencies through intelligent bots. Currently, they have deployed more than 2,000 bots, minimizing the cost by 30%, reduced time spent in handling complex processes by almost 50%, and achieved 100% error-free. Industry 4.0 in manufacturing is also primarily fueled by cognitive intelligence. Predictive analytics is being used to identify elements that can reduce production quality, causing subsequent failures. Continue reading Artificial Intelligence – Humans and Machines working together