Tagged: ai adoption

UK Professional Services Sector Profits Increase with AI Adoption : Research

AI adoption within UK accountancy and bookkeeping practices is now said to be signficantly enhancing sector profitability, driving a considerable boost to the wider economy and fundamentally transforming hiring across the industry. This is according to a recent research study released by Xero, the small… Read More

Analyst: No Bubble in Artificial Intelligence (AI) Market

  Concerns that artificial intelligence (AI) hype will outpace reality have grown louder of late. While predictions of profound transformation across all industries abound, AI investment and valuations continue to grow.  Some are drawing parallels to the Dot Com Bomb of the early 2000s, when… Read More

FSB Report Provides Guidelines on Monitoring AI Adoption in Financial Industry

A new FSB report sets out guidelines for relevant authorities regarding how to tackle the challenges related to overseeing the adoption of artificial intelligence in the financial services industry. AI is being increasingly used by financial services providers and other industries as well because of… Read More

AI Adoption May Boost Global GDP by 15 Percentage Points by 2035, as Global Economy Undergoes Transformation – Report

New research released by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. This would effectively add one percentage “point to annual growth rates – on par with the growth increment the… Read More

Artificial Intelligence’s (AI) Automation Potential

Automation is not a newcomer to the business world. Companies have been leveraging it for centuries to gain a competitive edge. From the early days of mechanized looms to the more recent appearance of smart technologies, the business world has welcomed wave after wave of… Read More

Rimes Introduces AI Lab to Enable Clients to Harness Power of Innovative Technologies

Rimes has announced the launch of their AI Lab under the leadership of Theo Bell, the newly appointed Head of AI Product. The Rimes AI Lab provides “a dedicated environment where the Rimes Product Engineering team, in collaboration with clients, can prototype new ideas and… Read More

Send this to a friend