AI & Analytics

Bret Greenstein - June 24, 2020 - 970 views

What if we had better models for prescribing solutions to catastrophic events when they occur, or even before they struck? As a society, we could address a severe food shortage or calculate the supplies needed to treat victims of an oncoming natural disaster. It would certainly improve the ability to sustain life as we know […]

Anil Nagaraj - May 21, 2020 - 711 views

With sales dropping rapidly due to COVID-19 lockdowns, a leading international convenience store needed recommendations on how to increase its revenue – and it needed the answers quickly.   Within five days of starting our analysis, we assessed how the business’s “basket” of top-selling items had changed. This would allow managers to ensure stores had […]

Agil Francis - February 13, 2020 - 860 views

While more P&C insurers are embracing data, artificial intelligence (AI) and machine learning as part of their digital strategy, we often hear them voice frustration about generating business outcomes from these investments. Many find it difficult to tie their AI initiatives to key performance indicators (KPI) and profitable growth. As they gear up to implement […]

Bret Greenstein - February 5, 2020 - 11069 views

Most senior leaders would agree that adapting in real time to customer and market needs is vital for achieving their visions and goals. Navigating through the COVID crisis and looking for ways to turn chaos into a catalyst for change is top of mind in many businesses. To do so, leaders are likely to agree […]

Maria Nazareth - December 18, 2019 - 895 views

The call center has always been an important way for banks to connect with customers. But it won’t be long before call centers without artificial intelligence (AI) will be unable to make those human connections. I’m reminded of a meeting that I and one of my colleagues recently had with a bank CEO. My colleague […]

Maria Nazareth - November 21, 2019 - 662 views

I recently worked with a large U.S. bank with a long to-do list for using artificial intelligence (AI). Like many banks, it recognized the potential for using AI-based insights to personalize offerings and offer more relevant services, including an interactive map on its website to explore local merchants that accept the bank’s credit cards. But […]

Maria Nazareth - October 30, 2019 - 1420 views

When it comes to using artificial intelligence (AI) for credit-card fraud management, the benefits are more than meets the eye. Yes, AI-powered detection systems spot fraud more quickly and help contain losses. But the systems also put a new spin on fraud for credit card providers: Real-time fraud detection helps inspire customer confidence and boost […]

Badhrinath Krishnamoorthy - September 25, 2019 - 686 views

AI is great at cutting operational costs. For media, entertainment and telecommunications companies, in fact, some of AI’s best uses to date have focused on reducing fraud and squeezing inefficiencies from IT infrastructure. Yet the greatest potential for AI lies in its ability to generate growth. By personalizing the customer experience, AI can help companies […]

Matthew O'Kane - September 20, 2019 - 748 views

2019 has been a good year to be in the business of applying AI to solve business problems. Many organizations now realize AI’s power and are gearing up to infuse machine intelligence into their business core. This has personally been very cathartic, as it’s something I’ve been advocating for many years. But why now? I […]

Chandan Gokhale - July 30, 2019 - 491 views

Medical information and data has grown exponentially in recent years, posing new challenges for life insurance underwriting. With often voluminous medical histories to assess risk, the process can take an inordinate amount of time. Applicants can end up frustrated, dropping out of the application process and seeking other alternatives, perhaps with competitors, in search of […]