Health care and life sciences companies are using artificial and machine intelligence for better insights and improved treatment since the COVID outbreak.

In a matter of years, Software-as-a-Service (SaaS) capabilities have become critical to an organization’s functioning. As the pandemic forces organizations everywhere to accelerate their digital transformation roadmaps, the latest digital technologies such as Cloud, AI/machine learning, and internet of things (IoT) have led to a new wave of innovation with demand for plug-and-play software solutions.

AI driven solutions are becoming a competitive differentiator for banks and other financial services—delivering a highly personalized customer experience, improving decision-making and boosting operational efficiency. Yet, many financial services institutions remain in an experimental phase and will need to accelerate actual AI deployment. Otherwise, they risk being left behind by digitally native players.

Physical workspaces are set to undergo a digital transformation over the coming months. While this trend has been on the cards for some time, few predicted that health and safety would be the prime accelerator towards its adoption.

It’s a fetching time for pet insurers. Potential customers identify as pet parents and grandparents, willing and financially able to take measures unheard of just a decade ago to make their pets live longer and healthier lives, according to industry professionals.

The US-based IT services firm rapidly developed new analytics tools to respond to COVID-19 at various levels of business.

For businesses thinking of adopting AI, it is important to have a clear governance structure on how AI will be used and an ethical policy surrounding its usage.

While the COVID-19 crisis may have created a lot of uncertainty, what does seem sure is that the practice of remote working is here to stay.

The coronavirus pandemic has led to seismic shifts in industry priorities. The post-COVID world will be a highly virtual and personal world. The “shift to digital” has accelerated and all industries are being digitally transformed. Financial institutions (FIs) across the globe continue to deal with the fallout of the pandemic.