Industry 4.0 and Deep technologies are changing ways in which distributed assets receive remote support. This can help equipment manufacturers to offer the best possible maintenance support. Instead of having to drive to the customer’s location when after-sales services are required, the technician can access the customer’s machinery remotely in…

Quality control has become synonymous with manufacturing. Nowadays, companies strive to achieve maximum production capacities while adhering to the highest quality standards. Conventionally, manufacturers employ a large number of industrial workers that manually inspect each item coming out of the assembly line. Such a method has multiple obvious drawbacks. Manufacturing…

Artificial Intelligence is making traditional claims processing a thing of the past. Companies are pioneering new cognitive solutions that are making the claims process faster, smarter and more efficient than ever before. With the overnight shift to remote working, claims surges resulting from havoc wrought by the pandemic and customers…

Telematics-powered auto insurance is a form of policy in which insurance companies rely on in-car tracking devices to monitor your driving habits and tendencies. These devices track your vehicle’s speed, mileage, total driving time and other factors to help determine the policyholder’s car insurance premiums. In motor policy risk underwriting…

Data is transforming the way we live and how consumers engage with service providers. Now is the time for the insurance industry to leverage AI technology to unlock the power of data and provide personalized services that customers demand to retain them as loyal customers. AI technology provides insurers with…

Fewer and fewer sectors today are holding out when it comes to artificial intelligence. That latest convert: The Car Rental Industry. AI offers undeniable advantages when it comes to assessing the state of a vehicle. Despite the technological advancements, routine tasks, such as rental car inspections, continue to remain manual…

The Solar industry has experienced tremendous growth in past years, with the percentage of solar installations increasing day by day. However, there are many unexpected challenges with solar electrification that entrepreneurs are learning about while doing business in these sectors, including installation and maintenance, deployment remote locations, and high cost. …

In the age of digital disruption, what sufficed as best practices in selling a used car 10 years ago or even 5 years ago-no longer applies in present scenario. When dealing with used cars, the buyers doubt increases, due to the lack of transparency of a specific used vehicle’s maintenance…

Artificial Intelligence within the Insurance industry has overhauled the claims management process by making it faster, better, and with fewer errors. While faster claims processing is a desired goal for most insurance companies, speed comes with the potential risk of paying more fraudulent claims. Most Insurers are aware of this…