The advanced methodologies are bettering the businesses nowadays, includes huge benefits. One of the hottest technology Artificial Intelligence is making dramatic sense in the business and efficiently delivering the solutions for peoples needs.  It’s creating better suggestions in the investment to live better on the retirement stage. AI can support in the area of financial services for trading, saving and investments of digital assets. The software program developed in the system manages the person’s account and creates the portfolio to control all investment operations and suggest ideas for healthier investments.

The algorithms applied in the application to provide advice and delivering the best results to raise profits. It utilizes the data provided by customers to generate financial portfolios and it controls automatically. They’re growing in prevalence and the technology called Robo-Advisors, the replacement for human advisors in traditional methods.

Robo-Advisors are used to produce potential solutions in the process of complicated investments and deliver financial decision making for better results.

The Intelligence algorithms generate suggestions and advice, automatically performs in many investment tasks without the interference of humans. Recently Robo-advisors are providing full services for major financial organizations such as Betterment, Sigfig and Wealthfront etc

However, the financial Robo-advisors are less expensive compared to human advisors they provide access to customers in financial investment areas.

How Robo-Advisor works?

The smart technology offering investment advice for investors with lower fees and saves a lot of time. It is helping investors by reducing the transaction fee and allowing to trade online and it advises in investment plans and creates automated portfolio management.

The Artificial intelligence algorithms help in certain decisions making on financial investment plans. These tend to low fees and easy to use for all types of attracting investors. It is an automating process of buying and selling the stock through Artificial Intelligence developed in the platform.

They perform as automated platforms for delivering some of the best practices in human investment situations. The algorithms integrated into the platform begin with questioning about the customer interest, goals, timeline and assets and risk sensitivity. Then it analyzes and presents with an accurate portfolio that matches your requirements and preferences.

Once the users create the account and perform investment at a certain plan in the platform the Robo-Advisor continually, monitor your portfolio.  As the individual portfolio assets rise and fall in the market, the Robo-Advisor will analyze the opportunities to exchange the trades or stocks and keeps on proportions that will help you to track and achieve goals.

The Future Robo-Advisors

At present Robo, advisors are supposed to become more intelligent. Tomorrows might even have a smarter. The Robo Advisor will be the game changer for investment firms. The advancement of technology updating the investment services industry with automation operations. The smart Robo-Advisors help investors in funding and exchanging in the trade market with a low fee and saves time filling the form in the application.

In the Future, Robo will advise the investors to create smart wealth management patterns to reduce risk in the operations. The Robo-advisors act based on the questions filled in the beginning and advice according to their portfolio.

The algorithm platform starts work when user sign up and the smart program receives information about investing goals, plans, income, risk tolerance, and previous investments. The program utilizes the account information to select a plan as per your tolerances and capable of your assets over time.

The platform designed for investments can select the stocks based on the portfolio desired by investors and presents financial advice according to their preferences.

The Robo-Advisors designed with Artificial Intelligence in the consideration of knowledge base to accomplish human judgment and behavior in the investment field.

In the Future, many financial firms and wealth management sectors in various banking industries will come up with their own automated Robo-advisors. They build their product with the help of software development companies or tie up with Artificial Intelligence Companies in India. Nowadays, many Robo advisors companies are coming to help financial institutions with unique strategies. These types of initiatives will become a huge demand in future financial years.

Robo-advisor Development

Many companies are looking to control the multiple tasks within one platform to provide better services for the customer, this performance is possible with Robo-advisors to handle the various needs of various customers within the fewer fee structures

To implement the Robo advisor in the firms they must hire the expertise software development companies to produce the outstanding Robo-advisor software program to assist their customers in the financial needs.

Fusion Informatics is one of the best Robo-Advisor companies in India, provides the best platform that allows your customers to operate with the assistance, deposits and regular monitoring. We are in the software development field for 18 years of experience that we have the ability to provide the best Robo-Advisor which able to get the reports, performances, and positions of each individual portfolio account.

We hold the capabilities to develop a system that is integrated with advanced intelligence to deliver a financial plan to stimulate multiple goals, covers insurance scheme planning, home purchases, retirement programs, real-estate purchasing and security needs, and health care schemes for long term coverage.

Our developed applications allow your customer to plan in investment to deliver and corporate assets and can manage the individual security of portfolio account.

Hire our top Robo-advisor development companies in India, our platform includes the distinctive patterns for global customers, and integrate all types of financial tools and our platform can manage all your customer financial history also.

Our experts have the capability to develop seamless software that improves the traditional advisor platform. To reach your business objectives, Fusion Informatics can develop the right Robo-Advisor that has explored the benefits of Artificial Intelligence creates an automated advisor to deliver the right financial advice.

We develop the automated platform that covers a wide range of questionaries’ from the initial stage of user sign up and provide the complete registration process with entities and verification controls such as OTP generation and KYC etc.

To know more about Robo-Advisor automated platform, reach us at sales@fusioninformatics.com

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Advanced Technology has remodeled in all aspects of our business today, from the process we operate in the direction, we interact with customers and in the system, we utilize production every stage technology is operating and making a grand success. While almost every ingredient of our business now depends on technology, maybe no action has been considerably more done than the idea we buy products and services online. Mobile devices have produced a pleasant buying experience, and e-commerce companies like Amazon, Flipkart, Myntra and e-bay have essentially transformed the approach we think about business and commerce that serve us.

Latest technologies like Artificial Intelligence making a huge sense of manufacturing products to delivering product and interacting with customers the way it operates in every aspect in all divisions that brings valve for both customers and companies. With Chatbot technologies that bring customers, close at an accelerated speed with companies and increasing productivity and sales. The e-commerce expected to touch 20% of all retail transactions by 2020, retailers. The advanced technologies like machine learning, neural networks, and deep learning encourage huge traffic and drive more sales.

At Fusion Informatics, we serve with world’s top developers, produced many Artificial Intelligence applications for retailers, and made them successful in crowd competition and We spend quite a bit of time analyzing customer’s determinations and industry technology to serve solid our customers and development solutions for business challenges. Within our innovations, we have made our company as best among the top AI development companies in Dubai, UAE and aiming to serve with best AI solutions that admitting to driving engagement and revenue

One of the main reason e-commerce has developed is due to mobile that has shown tremendous growth. In fact, according to recent survey shows, m-commerce will strike an 80% estimated sales, by 2020. The customers more preferred to buy the products through online, making a purchase; it is transparent that there has been a huge fragmentation of the shopping experience via online. Customers are involved with companies across a developing set of social media channels. Above all different, customers are finding influence at varying times, and want to reduce the way from discovery to buy.

How Artificial Intelligence Is Improving Shopping

The intelligence systems and methods in the e-commerce business have completely changed the landscape. Digital Marketing has become smarter and convenient for companies to target a unique audience with the help of Artificial Intelligence.

The technology helps business to target exact users and provide the best shopping experience that stimulates with tailor-made suggestions and smooth transaction, and AI is the incentive in the center driving the sale. On the business side, AI encourages income growth by enabling us to involve existing consumers in ways that are more important. Through this type of innovations on targeting and cataloging well organized, that serves customers as well companies with driving engagement on their stores.

Artificial Intelligence is developing the digital shopping journey of customers and it illustrates the products in detail.

Chatbots

The Chatbot technology helps to communicate with customers in buying journey and complete the process of buyer purchases. This chatbot helps and offer product suggestions and provide offers 24/7 customer support. Chatbots employ in the social media channels like a Facebook messenger to provide customer goods recommendations based on their interests and account history. It can also allow customers to finish their shopping from the chat. For many big companies in e-commerce industries that are unable to handle more customers at a time, chatbot is fitted to handle multiple conversations with various customers at a time. Chatbots have become automated personal support for filling the gap of personalization that customers line in online buying.

Personalized Experience

Applying AI in e-commerce for Personalization has implied a key purchasing technique to quite retain customers, boost loyalty and develop a progressive and extensive brand association. The technology helps companies to send emails and product recommendations based on static demographic data and browsing the history of users. It displays the tailoring content, products, and services for every user, which is the best way to engage over the product and maintains loyalty. Customers prefer with businesses that respond as early as possible that manage the reliable relationship with users. The Artificial Intelligence helps to display the product information about shopping is being equipped to browse the ways, exploring comparable products until something actual. Artificial Intelligence helps e-commerce companies to take the imagination of customers in which they prefer to buy by simplifying the search process.

Analytics

Artificial Intelligence gives companies obtain to data about a customer at three various steps of the transaction. Companies now can apply the latest technology such as Artificial Intelligence that has the capability to receive information about a consumer before the buying the products and can obtain data after purchase, where this customer data is important for businesses for analytics report and enhance the customer experience by analyzing. This has benefits for companies to create and develop a highly unique, customized experience for each purchaser, reducing unrelated information and bestowing the customer with data that client information has already exposed them to be absorbed in.

The changes in customer data with past buying reports may influence in showing new products and made the customers involve in the displayed advertising. The changes will assure that customers will no longer be allowed products and services that are irrelevant. AI is making extensive renovations to the way companies deal with their consumers, growing high-speed access to data and providing the employees’ ability to conventional use.

Review Tackling

AI has the ability to divide the good reviews from the bad through model verification that helps learning performances from the former issues. Machine Learning Algorithms are devised around these models that support in wiping out the wrong reviews from the truth. However, there are users with a hateful plan who can create false reviews and ratings but by implementing AI to help to solve the issues. Human intelligence coupled with AI is the best solution to control the scope of misinformation

Conclusion

With the increasing growth of the AI in this e-commerce industry, it will be extremely important that e-commerce will become a more vital, computerized and user-friendly experience for customers. Artificial Intelligence technology serves as a great platform for companies and customers. It helps to boost productivity and sales. AI will vitally display about the retail expertise, personalized fabrications of marketing, new goods and other services with a deeply interactive activity overall.

The post Top 4 Powerful Ways Artificial Intelligence Boosts E-commerce Industry appeared first on AI, ML and IoT application development company | Fusion Informatics.

Cortana is personal assistance developed by Microsoft Company created to help the user to set reminders and identify voice control without the need for keywords access and respond quickly with the help of Bing search engine. The Cortana is implemented in multiple languages to assist the user in the conversion. The services are provided with smart voice control with different kind of data like Reminders, Chats, Locations, Weather, Facts, and Finance.

The smart Artificial Intelligence allows applications to catch the updates and news of traffic, and calendar for user meetings, schedule dates and driving time of arrival. The application is set for reminders depends on location so the user can set the reminder to the device to catch any personal or professional things from a store or shopping by sending an alert.

The Virtual Assistant alliance in the Android Mobile

Cortana Application in the Android helps to provide digital assistance that allows you to remind an engagement or schedule meetings on profession tasks. Similar to Siri, Cortana can communicate with your data presented by you, in order to provide you with particular answers that match your questions.

The user can log their voice so that the intelligence processes on what user speaking, location and all contacts and stores personal information within itself. Cortana can look your emails for data on flights or charges on their access to you. Then, Cortana can automatically protect you up to date with your journey programs. There’s constant discussion of blended support for Apple’s Passbook data, though data like your flight issue or delays won’t turn in real-time.

The main advantage of the Cortana app is user can open and study the latest news, weather report, top headlines and final score of teams that you care about, which user requested to see at any time.  It’s also helpful to become a standalone app due to there’s a complete range to squeeze your perspectives, in case you desire to add to your private sphere, change your low hours or maintain your hints.

The AI app like Cortana needs expertise developers that they have the capacity to develop an app that allows Natural Languages Processing to identify the multiple languages and respond accordingly and translate text data. The deep learning algorithms implemented in the application performance on the big data for the automated neural network system.

Thus, the Cornota AI app is a unique set of form to provide personal assistance for users with the implementation of custom developed. In extension, these services are becoming for building lightweight applications that provide minimum loads on other platforms due to their capacity to operate in the cloud.

When the user is ready to ask any question regarding finance, news, locations, and facts, it will respond quickly in applications It is most useful and saves a lot of time for browsing the topic on the Internet to look for information that appears.

But there are lots of issues that Cortana can respond quickly, without first transferring you out to the web. Alternatively, you get your results right in Cortana’s applications.

• Users can track flights and transportation charges with tracking number and identify the fees details.
• It helps to play the music from your favorite album and holding your phone with an audio source
• You can track packages or flights by typing or saying the flight number or package tracking number.
• It helps to capture images of the banner, in any event, and identify the dates of the program schedule and can remind the user to attend the program

As a Software Company we offer IT services and solutions in Bangalore, India we allow business to provide the best results and quality products to our customer. If you have an Idea to extend your business with the Software. We are experienced and developed many software applications for all Industry domains from different locations.

Reach us sales@fusioninformatics.com and Hire our Developers to make your business grow and increase sales and ROI

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With the emergence of artificial intelligence, several Industries implemented the change of transformation in today’s world. Several global corporations understand the effectiveness of Artificial Intelligence and implemented in all business ecosystems. Now Human resources management is on the list to implement the automation process to enhance the system.

Adapting the advance technology in HR operations will handle all the tasks to perform better than human will. It helps to define and determine the task of our time.

What is Artificial Intelligence?

Artificial Intelligence is the setting of human intelligence processes by devices, particularly computer operations. These methods include learning, reading, responding, and self-correction for performing tasks. The Recent study shows Artificial intelligence will change HR operations over the next coming years.

How AI effects on HR management?                      

Human resources as a faculty have experienced vital developments in the latest decade due to the growth of advanced technologies. Today, artificial intelligence (AI) has changed the system companies select, train and employ with their workforce.

Advanced automation technology has instantly advanced its approach into HR management as markets are concentrating more on building a result-oriented infrastructure. Recruitment is no more a dull process for HR recruiter as it no higher requires time spending exercises such as manually choosing the CVs of the considered applicants, performing phone calls or responding to applicants via emails. These manual tasks now achieved by intelligent technologies created to replace human energy, thus allowing HR masters to examine the significant figure

Many companies have always tried to obtain experts who have the right features that can improve foster both richness and meeting. However, with the implementation of Artificial Intelligence tools, it is now much simpler for hiring managers to control employee performance by examining key production indicators. To be more specific, HR managers can now apply special AI tools to build and set detailed objectives for operators and enable them to operate in small systems to reach the set aims. Obviously, this type of work is fairly easier to control and asses. Both, it can happen in better overall execution.

Spending more time on filtering the tons of CVs and online profiles for recruiting new employees is completing gone to an end. Today, employee appointment is important for all enterprise programs because it performs a key performance in increasing richness and helping companies stay competing in the business. There are more vendors concentrated on AI in this operation, than any other HR zone.  Applications of AI involve filtering applicants, viewing resumes, by utilizing Chat bot’s to hire with candidates and applying facial recognition within video examining to know candidate sensations. This operation is available for automation and development utilizing AI. With the help of robotic automation can perform many tasks within all the recruitment and talent acquisition process. This made a huge demand for Artificial Intelligence to implement in all Industries for the hiring process and developed a scope for Artificial Intelligence Development companies in usa has come forward to help companies in the implementation of AI development services for their business process.

Benefits of Human Resources with Artificial Intelligence

Artificial Intelligence has the ability to drive your HR expertise to a greater level. It helps to handle the recruiting process, productivity, and retention more effectively than manual HR methods and It also helps to speed up the HR methods faster than traditional methods, Here are some points how Human resources will get benefitted with Artificial Intelligence Technology.

Onboarding Tool

After the engaging method performed, Artificial Intelligence devices can stay of more advantage through the succeeding onboarding and education.

Artificial Intelligence offers for employees with questions related to salary payment, occasion leave, and other programs in the form of intelligence chatbot. With the help of Artificial Intelligence HR methods can assign repeated tasks, the HR staff is available to concentrate on more difficult and time-intensive matters that require their consideration.

New employees often need a great understanding of HR’s recognition, but much of this application can install on AI performances that lead them through regular methods and include them to various features of the system. Some companies have previously tried with personal AI software assistance that allows a set of daily duties to new hires that enable them to essentially blend into the workplace at a verified speed.

Talent Acquisition

With the Help of Artificial Intelligence in HR methods, it is easy to assign a task of stressful and pending projects from managers. The software, called Talent acquisition used to read, observe and decide the candidates and can reject the candidates who are not qualified from the recruiting process.

With the help of chatbot assistance in Human Resources, the HR recruitment process made more transparent. It provides detailed information for candidates like job descriptions, company details or potential responsibilities.

This is a huge advantage as it enables the recruiter to consume more time examining and deciding only a modest group of qualified applicants. In such cases, HR units are drastically improving the state of hiring conclusions. Additionally, businesses save a lot of money this way because they don’t have to spend the cost of poor hiring determinations.

Agreement Assignments

This process needs huge dedication and professional skill base Human resource management to assign the task, with the help of supportive. But an understanding comfortable module to achieve this process can balance their workload.

It is important for HR management to identify the innovations to operate the organizations safely and right rules in the way of communicating with candidates effectively and it is equally important

Conversational AI can be qualified to transfer signals for anything from new state guidance to addressing deadlines to your busy HR organization. It can also be qualified to inform employees of any excellent details or new data that can directly influence them. It can personalize this message based on data obtained in onboarding.

Better Training

The expansion of AI has changed the HR process in the ongoing training system and providing a wide range of services for them. It helps to recognize the skill base and design exact strategy and can book appointments for proper training programs based on the specific requirements of particular employees

While many companies have previously employed some sort of software that enables employees to develop their abilities, these plans are usually not designed and executed in a way that enables operators to accept the maximum out of them. AI machines can resolve this problem by creating and offering a more targeted training activity. Combining machine learning into interactive training analyses and estimates also presents HR functions with added data objects that support them shape approaching decisions concerning employee improvement.

Effective operational costs

The opportunities for applying artificial intelligence in the industry are probably infinite. The decision individually depends on the variety of the company and maybe its particular purposes. The advantage of Artificial Intelligence can improve business execution by decreasing the operational costs as strong in many methods. We all understand that AI devices can possess of better process expertise far much greater than peoples can. Automated tools can sort within large amounts of data and manage such data to make decisions.

Many companies are applying AI solutions to improve cyber security, boost productivity and efficiency, automate and boost multiple logical tasks, minimize downtime, recognize inabilities, increase operational, production, research data in real-time and to implement industry-based work without or with human interference.

Conclusion-

AI is developing and extending in all the areas on these days from easy process to complicated tasks, it controls and identifies the failures for better decision making. It also allows HR managers to better decisions and directors, employees more effectively. Many companies have already established the AI methods into their engaging, evaluation, and maintenance systems. If you are looking to implement Artificial Intelligence in your company hiring process, hire our Top Artificial Intelligence Development Company in India to provide the best result-oriented plan for your project.

Contact us today!

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Artificial Intelligence = ROI + Customer Experience

Companies providing good customer services are always placed in the top and but it is not easy to maintain that meet needs and targets. Sometimes it really helps to improve our business and sometimes it really hurts to manage all the customers at once. Few years ago a lot of companies were worried about customer services management and taking help from service experts to support them.

With the transform of digital business, all business correlated with smartphones and online marketing. Nowadays all the customers connected to social media channels and becoming evaluated to lead connected. Thus, companies have the idea to transform their process of communicating with customers with an Artificial Intelligence Chatbot, to build network applications and to communicate with the individual user. Chatbot’s primarily created to automate conversion with customers for solving their queries or problems. They implemented by using into programs manner to chat with the customers. Chatbots can apply for different objectives such as customer service, purchasing, and data collection. Thus, the main purpose of developing Chatbot is to overcome the human intermission and it operates on the standpoint of Natural language processing and keyword particular. These made a huge demand for Artificial Intelligent Development Companies in India to extend their business by developing AI chatbots and spreading across the world with advanced technology in different industries in providing the best customer experience.

This is what why most companies from various industries or domains are preferring to choose AI chatbots to converse with the customer with happy and satisfy them based on the communication held between customer. In the same way, it develops a fabulous customer service experience. In addition, there are possibilities to increase the user-friendly customer experience and chances improve for better business performance. This valid part is that progress in technology keeps performing customer service strongly.

Chatbots Are Key to the Future of Business Intelligence

Before businesses, actually operated by employees. Now in order to succeed in the business, they are employing Artificial Intelligence to act smart deliver to their customers

Business intelligence (BI) allows businesses to understand more concerning their extensive markets, organic method of performance, and development over time. AI performs it reasonably to get this important information quickly and affordable. Companies using AI for customer service jobs can frequently able support that would have agreed to spend persons for review jobs — and instead of those devices in humans performing on the insights provided by Artificial Intelligence chatbots.

“According to survey statics by 2020, there is a chance to progress this technology for 90% to manage the customer interactions.”

Once companies made a decision to implement the AI technology in their business the question arises from their brain ” How Is Artificial Intelligent Chatbot’s Allowing Better Business Achievement, right now?. There are many possibilities in business AI can control all the challenges, helps to transform in digitalization, and helps to improve customer experience on the way the Chatbot communicates with customers in a user-friendly manner.

What is the Performance of Chatbots in Business?

While we know, business is guided and supported with some experts’ implement for any positive changes to improve productivity. To assist and lead the business in the proper direction, one of the easiest techniques is to implement AI in business to operate a simplistic manner, with the help of Chatbots. Once Chatbot has implemented in your business and it understands the fundamental insights, how this section of AI tech operates, your business is completely optimized done with programmed to lead one of Artificial Intelligence technology.

Chatbots provide a smooth function for business to connect with clients, specifically where these consumers spend a majority of their time and chatbots are the technology that can advance your messaging tactics to a completely unique level.”

One of the valid ways of Chatbot can support to change your business is by smooth handling customer service. A company’s customer services can create their income into the next level. In fact, existing customers are easy, can manage than new customers, happy consumers can improve your market added to new customers.

Conclusion:

Chatbot can afford a comfortable platform for customers to make questions. In orders not be reversed if we think it a smart device for customer engagement. Moreover, it can perform constant office assignments as quickly as a help section. The way the chatbot complete the tasks efficiently in less moment shows the way developed by the best AI Chatbot developer in India. There are some elements to consider concerning AI Chatbot. Since it is an Artificial Intelligent technology, the model requires being enlightened with a high volume of information. Chatbots can benefit you to engage in a greater and more personalized process with your consumers. You can advertise your dealings and other information clearly. They maintain your customer service in a great direction.

If you are looking to take part in the development of customer experience in your business, choose the right Artificial Intelligent chatbot developers in India. We, Fusion Informatics have an enormous background in developing software strategies and helping business people to grow in the competitive world.

If you have an idea to implement, talk to our experts right now!

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Say BYE to Man-Driven Works…  For We Are in AI-Driven World…

When we take the history of the past 15, subcontracting the tasks to international assistance and part-time workers has been the go-to solution for business tycoons looking to grow on a budget. Because of budding progress in AI systems, this trend is starting to change. The next wave of outsourcing is to virtual assistants/digital assistants. There are numerous administrative jobs that are being increasingly executed by machines; such tasks, historically performed by a personal assistant or secretary, include reading text or email messages aloud, searching for the phone numbers from contact book, scheduling calendar, making phone calls and reminding the end-user about appointments.

Virtual Assistants Siri, Alexa, Google Assistant, And Cortana Are on a Race To Win…

An imperative part of an effective digital assistant isn’t just its skill to handle all few tasks in one system; it will need to understand your priorities and work well with you. For sales and customer service to get better, AI-driven assistants need to have better emotional intelligence than they could in past few years. Many a company are in competition to surrender the Virtual/Digital Assistant arena. Popular virtual assistants currently comprise Amazon’s Alexa, Apple’s Siri, Google’ Google Assistant and Microsoft’s Cortana and so on.

A virtual assistant or AI assistant or digital assistant is an application that can comprehend voice instructions in human language and can execute the commands as given by the user. The Virtual Assistants such as Apple’s Siri, Amazon’s Alexa, Google’ Google Assistant, And Microsoft’s Cortana are on a race to win… Thanks to advances in artificial intelligence (AI) techniques, the precision of speech recognition systems has been enhanced significantly, with Google and others covering up 95% accuracy. Though the trend has taken a deviation to change, digital assistants give promise for enhancing workplace yield and collaboration. Speech Recognition technologies have joined with Cloud Computing and Machine Learning and thus resulted in the advent of Virtual assistants. Amazon, Google, Microsoft and IBM have the monopoly in speech technologies, but each has its own strengths.

According to a recent report, Apple is paving way to a new Siri SDK that will let app developer’s complete access to the voice-controlled software, adding that the tech giant is preparing a Wi-Fi Speaker for Siri, which will have the same feature and functionality as Google Home or Amazon Echo.

To make its voice-controlled assistant more user-friendly, Amazon’s Echo is expected to include a built-in camera as well as facial recognition technology in its hardware. If these two exclusive features are added into Amazon Echo competitor for Siri, it will surely be quite a few steps ahead of the competition.

Apple’s Siri virtual assistant is the best known in the market of Virtual Assistants. Amazon dominates the home virtual assistant home appliance market. Apple and Amazon can’t simply compete with Google’s Virtua Assistants over next few years. That is what the user reviews prove. But, it is only a supposition! Because a dozen years back, Nokia and Blackberry ruled the world of smart phone users. Apple did not have a phone. And most smart phone users had never heard of Android and iOS. But, today we can’t imagine a Mobile world without Android and Apple. So, there is not guarantee for our belief on virtual assistants lead in the current market.

Virtual Assistants – A Flashback and Future

Mainly four key technological milestones have helped popularize speech technologies. The first move was of Google by the launch Google Voice Search a decade ago, which used speech recognition to accelerate searches on mobile devices.

Later in 2011, Apple launched Siri with more conversational interactions and uplifted speech technology to greater mainstream awareness. The same year, IBM Watson attracted the smartphone users with its TV appearance on game show Jeopardy! In 2015, Amazon launched Echo and its Alexa virtual assistant, an ultra-hit feature for home use.

And very recently, Amazon unveiled Alexa for Business. Besides Amazon, so many other companies have expanded their focus to AI-driven assistants explicitly at business; Cisco’s Spark Assistant, Microsoft’s Cortana, Voicera’s Eva, Nuance Dragon and IBM Watson Assistant are the major AI-Driven Assistants deployed for business uses to its end-users.

Can you imagine that we can assign specific behavior to our digital assistants? This has been shown in movies like Interstellar, Her and Iron Man to make our commands and requests more conversational and fluid. The existing batch of Siri, Alexa and Cortana have names and little touches of humanity programmed in, but what will it be like when you can make adjustments to your own assistant? It is not just about picking an accent — this is about adjusting communication style to supplement effectiveness and gratification.  As these kinds of assistants are generally quantified by its capacity to understand the natural/human language; the digital assistants of the future will be deployed and designed for personality. That means they can learn how to best work with you rather than you learning how each of the systems currently work.

The future of the Virtual assistants is not where Apple or Google dominates on smartphones, or nor where Amazon does on home appliances. Space will be characterized by total ubiquity, which means wearables, all electronic devices, and many IoT devices and embedded into all the places where human spend time.

Virtual assistants will become core enterprise tools and will be the main way humans are enhanced through artificial intelligence (AI). The newest prediction is that Google will win the show becoming dominant in virtual assistant usage in the coming years, as Facebook rules the social media arena and as Apple in smart phone profits.

Fusion Informatics, the best mobile application development company in Bangalore, India has got the global edge, having excelled in the international arena of mobile application development. Having our signature in the fast track world of mobile app development, we promise next-gen mobile app solutions for your business requirements. We outline your entire mobile vision to be as cost-effective as possible. We’re your perfect mobile app development company just a click away @Bangalore, India!

If you want to develop a mobile app for your business, get in touch with us for a better outcome at an affordable cost. We are counted at top in the list of mobile application development companies in Mumbai, Bangalore, Delhi and Ahmedabad in India. Our services also spread over to other parts of the globe like UAE and USA. Drop us your app project inquiry at sales@fusionInformatics.com. You can also call us +971 4 3572666. Contact us today and entitle a best deal!

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In today’s day, no one goes untouched by the power of #Artificial Intelligence. We may not see it, but this phenomenon is a part of our everyday lives. Be it Siri or Alexa’s conversational helping hands or Netflix’s hyper-sensitive recommendation engine, #AI is here to stay and of course grow! In the business world – especially in the marketing and advertising spheres – for any organization seeking to gain a foothold or maintain a lead, tapping into the power of AI is beyond the point of theory.

AI revolves around #data-driven approaches to marketing and is being used to integrate data from different sources.

In the world of business, for any growing company who wants to hit the top, making the most of AI can be extremely beneficial, especially for the marketing and advertising industry.

A.I. has helped uncover and highlight key creative elements with proven success, which have been derived from data. Be it creative content like graphics, video, music, and text or the frameworks in which the creative is pulled together — website design, email content, ad copy, image recognition, etc. Making it’s way into the vast and growing field of recommendation engines, it is also a good way for marketers to source content they can be assured consumers would like to know more about.

These days as a part of analyzing customer patterns, all kinds of information are collected and stored in order to develop automated systems and customer profiles to target certain markets. This forces us to keep in mind that in the days to come, computers will have more to say than us!

Though artificial intelligence it would be rather easy to analyze customer behaviour and profiles even more closely, thus being able to essentially meet the voice of the customers who they are observing online.

Additionally, consumers will find themselves handing-over their purchase decisions more frequently to robots (AI) that already have a record of their ideas, previous searches, and preferences and likes. AI can do this conveniently by understanding more about the related meaning of certain searches and patterns. It’s also able to read through the more comprehensive and complex relationships between different data set, for example, incorporating a user’s search history into the results page.

Artificial Intelligence is influencing every level of the digital marketing world and understanding it and how it works will be useful for a marketer to help shape his marketing strategy.

Need help to understand how our Artificial Intelligence solutions will help your business grow?

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Deciding to utilize data science is not as simple as just collecting the information. It is important to understand the need of your business. It is necessary to figure out whether to bring machine learning in-house– introducing new departments to facilitate or to collaborate with external sources to manage the data, it totally depends on the size and need of the business.

Analyzing data not only helps the business to simplify big data challenges but also helps management to make logical decisions to lead the company reach heights and achieve organizational goals like better profits and managerial efficiency. Here are five common ways in which data science can add value to your business:

Empowering Management

The management will have to learn to formulate tasks based on what they want to predict or recommend, rather than following the traditional basic procedure. Implementing a data strategy in an intelligent, structured way makes a big difference. In modern developed economies, businesses that will invest in the technology and talent will be in the best position to compete and succeed.

Identifying Target Audience & Trends

One of data analytics’ primary objectives is to identify emerging and prominent market trends. Once identified, these trends can help to provide more insight into consumers’ choice and expectations.

The more information that companies gather and analyse about their customers, the more they learn about their behaviors, needs, and preferences. This in-depth knowledge can help you tailor products and services to meet the consumer expectations and demands.

New Level of Business Productivity

Data science is still an emerging field and no matter how well you think your business is doing, you can improve your position in your industry by collecting and using data effectively. There is no longer any need to wait days, weeks or months for results. In some cases data analytics can happen in real time giving business leaders interesting insight into customer experience and business productivity.

Significant Decision-making solution

For years, executives have made million-dollar decisions based on gut instinct. With executives getting efficient at decision making, the right decisions will let the management provide impartial, data-led guidance for critical decisions which certainly will make significant organizational changes professionally on different level.

Facilitates sensible recruitment

Processing large number of CVs, applications, vast amount of data and data-driven documents gets easier with data science solutions at your HR departments rescue. Data science can help your recruitment team process much faster and recruit the right talent quickly and without compromises and confusions.

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It’s 2018, there’s no doubt about the fact that the world is aware of the wonders one can of do with Artificial Intelligence and Machine Learning. We are living in exciting and innovative times with futuristic technology literally at our fingertips.

How machine learning can help ones business is the question that is on every entrepreneur’s mind. We’ve got to the stage where we take intelligent machines for granted. We trust them to carry out complex tasks requiring extreme precision, speed, and accuracy – from pacemakers to auto-pilots. But while autonomous cars get all the headlines, it’s actually many other industries that may feel the greatest impact of the new tech. So, it’s very intriguing to learn how machine learning improve businesses intelligence.

Put simply, machine learning is about understanding data and statistics. It’s a technical process where computer algorithms find patterns in data, then perform functions – like improving the core functionality of existing software and analytic, uncovering previously inaccessible insights hidden in large data sets unstructured data formats, and taking over tasks like image recognition, text analysis, and repetitive knowledge work. The potential use cases are seemingly endless, from supply chain and risk detection to logistics and technical support to behavioural analysis and customer support.

Businesses can also use machine learning to up-sell the right product, to the right customer, at the right time. In 2018, marketers will continue to rely on machine learning to understand open rates when it comes to email– so you know exactly when to send your next campaign.

Retail companies are also tracking what ads or images you’re most likely to stop scrolling on, in order to target you with specific content. Machine learning is applied to reduce the risk of credit fraud in small businesses. Machines learn from historical datasets that contain fraudulent transactions and can identify patterns that represent a typical fraudulent transaction.

The value that machine learning can deliver will be dependent on the degree to which these systems can deal with structured and unstructured data and its quality. Similarly, Chatbots can also help achieve a faster customer service resolution, as well as provide quick histories of each customer for impeccable customer service.

Consequently, machines will not eliminate human intervention in decision making. Machines will simply change the nature and timing of our intervention. A machine self-learns so that the algorithms can predict accurately. However, final decisions have to be taken by living, breathing, empathetic entities.

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Robo-Advisors are digital platforms that provide algorithm fuelled financial advice online with little to no human interaction. This software basically collects data from clients regarding their financial situation and future goals. On the basis of the collected data and with the help of the machine learning algorithm the software automatically allocates, optimizes and manages its clients’ portfolio. The allocation of equity by the robo advisors is generally done on the basis of the client’s risk preferences and desired target return.

The artificial intelligence based robo advisory industry is still a small but extremely fast growing industry. Its powerful algorithms provide low cost wealth management solutions to its users. Without almost any human interference, the robo advisors make apt decisions for the smarter investment and wealth management of the assets. While robo advisors are of great help to inexperienced investors due to its automisation nature but it also is equally helpful to seasoned investors. Using machine learning and deep learning algorithms robo advisors purely make decisions on the basis of the data they are fed and as a result they are on most occasions very accurate and in favour of the client. Robo advisors use a very hands-off approach which is quite popular with people who are not experienced investors. Within this approach the client just has to give his desired amount of money to the robo advisor and using its algorithm and software it invests the money in the best possible way and helps the client grow. Another reason why artificial intelligent robo advisors are very helpful is because they are extremely convenient. One can easily view their account, portfolio and progress online with a mobile app etc. This sort of convenience only comes with digitalization.

In today’s world where everything is digital, robo advisors have arrived and taken the wealth management industry by storm and have brought in its inevitable digitalization. By the looks of it they are here to stay and only going to grow by leaps and bounds.

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