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AI-First Benefits: 5 Real-World Outcomes

Cloudera

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. AI increasingly enables systems to operate autonomously, making self-corrections automatically as necessary. Benefits aplenty.

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider

Altexsoft

percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

Altexsoft

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. Intel and Cloudera saved a hospital system millions of dollars. Here is a

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How to Benefit From Custom Healthcare Software Development

Mobilunity

First of all, healthcare software is about the digitalization of all the systems, which means increasing portability, and improving the safety of patient data, and medical records. Currently, healthcare software development can be divided into two main types: commercial off-the-shelf (COTS) and custom healthcare software development.

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.