eClerx Celebrating Success, Insights, and A.I. Innovation!
?? In April’s edition of the Tech Insights Newsletter, we have a fantastic lineup of updates and insights to share with you.
First up, we're thrilled to announce that eClerx has received not one, but two Gold Asia-Pacific Stevie? Awards! ?? Recognizing our dedication to innovation, we've been honored for our outstanding employee management programs and cutting-edge metaverse onboarding initiatives.
Next, dive into our newly launched podcast, "How to Grow Using AI, ML, and Intelligent Automation," where industry leaders share invaluable insights.
??? Hosted by Nicholas Cole, this month's episodes feature R. Paul Singh, Acting COO at The Modern Data Company, and Nabeel Siddiqui, Global Senior Director and Head of Tech and Automation at SAP. Discover how AI, machine learning, and intelligent automation can propel your business forward.
Looking to stay ahead in the digital age? Check out our blogs on simplifying insurance with DocIntel and streamlining insurance claims through automation.
?? Explore how DocIntel leverages AI to revolutionize document management, contract handling, and claims processing, empowering insurers to save time, reduce errors, and enhance customer satisfaction.
And don't miss our roundup of April's top news and insights! ?? From the booming generative AI market to Gartner's predictions on industry-specific AI models, stay informed on the latest trends shaping technology and business landscapes.
Awards: eClerx Receives Two Gold Asia-Pacific Stevie? Awards
Recognizing the achievements of our outstanding employee management programs and metaverse onboarding initiatives within Human Resources, eClerx has won two prestigious Gold awards—Innovation in Human Resources Management, Planning & Practice & Innovative Use of Technology in Human Resources—at this year’s Asia-Pacific Stevie? Awards. Read our full press release for more information.
Podcast: Our newly launched podcast, "How to Grow Using AI, ML, and Intelligent Automation," took center stage. Hosted by Nicholas Cole, it featured insightful discussions with industry leaders. Notably, R. Paul Singh, Acting COO at The Modern Data Company. He shared insights on how AI, machine learning, and intelligent automation can help you grow your business.
Nabeel Siddiqui, Global Senior Director and Head of Tech and Automation at SAP, also joined to discuss the power of AI and machine learning in scaling businesses.
Blog: Simplifying Insurance in the Digital Age with DocIntel
Insurance companies face a big problem: lots of manual work that slows down business and reduces profits. But there's a solution: automation with AI. DocIntel is a smart tool that helps insurance companies work faster and smarter. It uses technology to extract important information from documents, manage contracts efficiently, and stay compliant with regulations. DocIntel is easy to use and integrates smoothly with existing systems. By embracing DocIntel, insurance companies can save time, reduce errors, and stay ahead in the digital age.
Blog: Streamlining Insurance Claims: A Guide to Automation
Insurance companies face challenges in managing claims, with manual processes causing delays and errors. Automation, powered by AI, offers a solution to revolutionize claims processing, making it faster and more accurate. DocIntel, provided by eClerx, is one such solution. It automates tasks like data extraction and fraud detection, streamlining workflows and improving efficiency. With DocIntel, insurers can process claims faster, reduce errors, and enhance customer satisfaction, ultimately staying competitive in the insurance market.
April’s Top News & Insights
We've rounded up the top Tech news and insights of the month for you:
Market Growth: The generative AI market is projected to surpass USD 165.49 billion by 2031, with a CAGR of 32.8% during the forecast period (2024-2031). This growth is largely driven by revolutions in deep learning and neural networks (SkyQuest).
Gartner Predictions: Gartner predicted that by 2027, more than 50% of the GenAI models that enterprises use will be specific to either an industry or business function (Gartner).
Generative AI in Storytelling: The use of generative AI in storytelling, particularly in creating visual and audio content, is on the rise (EBU Media).
Legal and Ethical Training: As generative AI continues to evolve, there’s a growing focus on legal and ethical training methods (Apple Insider).
Quote of the Month
"If you're going to build an AI system, you can write really beautiful algorithms. But if you don't have the data to train those algorithms to train that AI, then you're never going to have a functioning product."
-Virginia Puccio of Fuel AI speaking on the eClerx How to Grow Using AI, ML, and Intelligent Automation Podcast Episode 5 (Why data is the new oil for AI growth).