Artificial intelligence in business helps to automate tasks, analyze vast amounts of data, generate valuable insights, and make more intelligent decisions. However, besides its numerous benefits, AI applications raise essential concerns in data privacy, ethics, dependence, and security. It makes business owners doubt the practicality and safety of AI use in the workplace. In this…
Research shows that 55% of companies have implemented AI in at least one of their processes. Becoming a part of this trend and turning to AI, especially in crucial areas such as human life and health, seems exciting. However, it might be intimidating due to a lack of information and a limited understanding of the…
Looking for new ways to increase conversions, enhance customer engagement, and automate routine tasks? It’s time to try AI tools for real estate. According to the IBM Global AI Adoption Index 2022, artificial intelligence can save money by 54%, boost productivity by 53%, and improve the customer experience by 48%. At Uvik, we deeply understand…
Artificial intelligence vs data science are trending terms today. Forecasts for their growth in the coming years confirm this. According to the studies, the data science market will grow from USD 95.3 billion in 2021 to USD 322.9 billion in 2026. The AI market was worth USD 136.55 billion in 2022. It will grow at…
Financial technology (FinTech) and artificial intelligence (AI) are two cutting-edge innovations that have recently altered the financial sector. AI can boost economic growth by 26% and financial services revenue by 34%. It is pivotal for FinTech’s rapid advancements, enabling financial institutions and businesses to analyze vast amounts of data, identify patterns, and make data-driven decisions…
Artificial intelligence (AI) has evolved from a niche concept to a life-changing innovation, transforming the corporate landscape. In 2023, adopting AI is no longer an option but a must-have to succeed in the shifting digital economy. AI is anticipated to have a $15.7 trillion impact on the world economy by 2030. How to use AI…
The implementation of AI into business to harness the potential of data and cloud services is gaining traction like nothing else today. Visionary leaders are cautiously switching to data-driven models leveraging cloud services to maximize IT resources. Companies increasingly turn to artificial intelligence consultants for business as commercial operations get more digital and technological. In…
The exponential growth of AI is reshaping the landscape of many industries, including software engineering. Developers got a powerful AI-helper ready to write code, interpret the existing one, and find bugs and mistakes. According to Forrester, in 2023, AI-powered software TuringBots will write 10% of the world’s code and tests. A burning question in every…
Showing a staggering 37% annual growth, artificial intelligence is an investment opportunity companies can’t ignore. Whether they want to adopt the technology for automation or better decision-making, the race to hire AI developers is in full swing. Even so, the AI expert recruitment process is tough Following PwC, extreme talent scarcity and costly qualified candidates…
