Every transaction, order, customer interaction, and internal operation depends on decisions. At a time when businesses are under pressure to improve efficiencies, cut costs, and be more responsive, automating decisions becomes essential. While many businesses have picked off the low-hanging fruit when automating, most need to add more. Specifically, businesses want to automate complex decisions, involving multiple steps, multiple data sources and many rules.
CI-based decision support and decision automation systems have the potential to deliver significant benefits to organizations that need to react in the moment to dynamic situations.
Real-time systems and the use of real-time technologies for automation, autonomy, and AI delivered quantifiable business benefits in 2023. Expect more of the same in 2024.
RegTech, powered by AI and automation, is more than just a passing trend. Its market presence is growing each year and it is set to account for a significant portion of all regulatory spending.
XAI provides full insight into what decisions a system is making and why, which, in turn, identifies what data can be trusted and what data should be cast aside.
A chat with Sean Knapp, founder and CEO of Ascend.io, about the challenges businesses face with data pipelines and how data pipeline automation can help.
Most companies will directly compare doing the work themselves versus automating the work. Naturally, the engineers performing the work could feel intimidated by this.
