Demand for agility, flexibility, and scalability is driving businesses to embrace Intelligent Process Automation across functions and processes. This foray into integrating IPA to drive intelligent automation is powered by a combination of technologies such as Natural Language Processing, Machine Learning, Computer Vision, Cognitive Automation, Process Mining, Predictive Analytics, and Cloud Computing. Digital transformation is […]
Microservices-based architecture can help the Banking Financial Services and Insurance industry expedite its digital transformation efforts helping drive scalability, agility, and security besides powering integration, modularity, maintainability, performance, and resilience. Digital transformation has become an unavoidable urgent mandate for BFSI owing to the changing market dynamics and preferences. Legacy systems and monolithic architectures have often […]
AI can boost design thinking by making it more analytically-driven, collaborative, and user-centric, resulting in greater impact and success. Imagine a world where creativity knows no bounds, where innovation flourishes, and where problem-solving reaches extraordinary heights. Welcome to the exhilarating realm where Artificial Intelligence (AI) and design thinking collide. This dynamic fusion is revolutionizing the […]
Tax leaders are facing significant challenges and ambiguity in today’s rapidly evolving global tax climate owing to the frequently changing global and local tax reforms such as – OECD, BEPS 2.0, new EU tax regulations or the changing regulations in the US tax regime. Tax departments have to always be on their toes and keep […]
Organizations in technology, media, and telecommunications are at the center of the digital economy. As per Mckinsey organizations in these industries create more economic profit than any other sector of the global economy. Yet, they are not immune to market volatility, global dislocations, inflation, increased interest rates, taxation, regulations, disruptions due to pandemics and other […]
From ever changing global tax reforms to industry-specific nuances to technology disruptions – tax departments are bombarded with a long slew of challenges. The introduction of new international tax rules, such as those outlined in the BEPS 2.0 initiative, has created a need for systems that can handle a much larger volume of data than […]
The Energy and Utilities industry has long been known for its business stability, dependability, and predictability. However, in recent decades, organizations have been forced to transform the way energy is produced, delivered, and consumed across the value chain due to upheavals such as supply chain disruptions, changing customer expectations, and new regulatory frameworks. Organizations need […]
The consumer and retail industry is undergoing an exciting revolution powered by rapid digitization, further empowering the consumers. With the augment of digital technologies consumers are becoming more connected, tech-savvy, less loyal, channel-agnostic, demanding, and expecting personalized services as a given. The industry has also undergone a evolution of sorts reshaped by several factors – […]
Much has been stated about Industry 4.0 and its impact on the manufacturing and logistics industries. Without a doubt, it has accelerated the use of advanced tools and smart technology in manufacturing and logistics management organizations. It has increased productivity, lowered operating expenses, enhanced decision-making capabilities, increased operational efficiency, shortened production time, and provided a […]
During the last few years, there have been many watershed moments, from the pandemic and Ukrain wars to supply chain disruptions and the great recession. However, for the Banking, Financial Services, and Insurance industry, the pandemic was a pivotal point. It propelled financial leaders to abandon the traditional bottom-line metrics and develop strategies that could […]