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Event Bots | iNatrix
Does your Event Marketing platform cater to these?

Event management and marketing has become insanely data driven in the past few years. In fact, all facets of events, be it sponsorship, marketing or organization, providing rich content to attendees (or participants) will become extremely beneficial as this industry matures. Collecting and securely saving data is the key for future optimization. Advance Analytics can…

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Business-summer
Intelligent RPA in Banks- Bet your bottom dollars

A slow economy, further stimulated by a do-more-with-less culture is compelling enterprises to introspect and devise methods to boost productivity. Financial functions are under significant pressure and within the BFSI sector, there is a continuous evolution due to high competition. Banks are under pressure to optimize costs cut personnel costs acquire skilled resources increase productivity…

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Vagrant: Building stronger workflows in DevOps

In my previous post, I spoke about DevOps in 2019, and the surge that is expected in DevOps practices across the Software Development LifeCycle (SDLC). From here on, we will be taking different DevOps tools and environments which are expected to contribute the most towards the DevOps tool market in 2019. Vagrant Servers are moving…

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AI Event Marketing
Latest trends in Event Management

Events are no longer seen as a cost component, but rather an opportunity to generate revenue, build brand awareness and long lasting relationships. This is a huge change in perspective, from a ‘white elephant’ to a ‘cash cow’, opening up doors for event marketing and management to bring in data sciences and prove their mettle.…

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RPA-RCM-iNatrix
RPA in Collections/Accounts Receivable (AR)

For all the hype that Robotic Process Automation (RPA) has created in the IT industry, its penetration leaves a lot to be desired. It has been studied that, the collections process (also known as Accounts Receivable or AR), despite being an excellent candidate for automation, has an RPA penetration of less than 15%! What affects…

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DevOps in 2019: Tools & Best Practices

Improving the Software Development Lifecycle (SDLC) from design through development and production is essential for better applications and even better team performance. DevOps is a software engineering practice to improve the SDLC process from design through the development process to production support that unifies Software Development (Dev) and Software Operations (Ops). DevOps includes processes in…

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Cargo
RPA BoTs in Shipping & Logistics: A SWOT Analysis

Tectonic shifts in technology are a major challenge for any organisation. One such technology is Robotic Process Automation, more commonly known as RPA. Automation is an entry point for future cognitive transformation opportunities, handling repetitive and rule based tasks without human intervention. Shipping and logistics management is one of the core processes for many consumer…

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RPA bots | iNatrix
Does RPA kill jobs?

We are creatures of habit. We like our routines and are wary of change. When faced with the unknown, we often jump to conclusions, and most probably the worst of it. And, new technology has the unique capability to incite fear, a far and wide spread fear. Just take a look at the articles which…

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regex automation
Entity Framework – What and Why?

Entity Framework is an open source object relational model framework for the applications built on .NET. It facilitates the developers to work with data without looking into underlying database tables and columns where the data is stored. With Entity Framework in place, developers can now create and maintain data-oriented applications with less code when compared…

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warehouse rpa | iNatrix
RPA in Warehouse Management

In today’s world, technology has been improved to a great extent, where many industries demand to be abreast with technology and its far reaching capabilities. A deep dive into warehouse management will show various processes, including sorting, packing, picking, storage, shipping, transportation, retrieval, etc., and in present day, all these processes are done by humans.…

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AI in Financial Analytics – The Machine Learning Engine

Cashflow planning, forecasting is done through state-of-the art algorithms and automated data discovery techniques that analyze your historical data, find patterns, outliers, anomalies, relationship between various variables. A machine learning driven engine gives you a precise vision on what will affect your Cash Flow position and by how much. The traditional way to build a…

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Business
Artificial Intelligence in Financial Analytics

Successful businesses care for extensive cash flow planning.  Mature finance teams follow best practices, to review everything on a regular basis to see what actually happened versus what they said would happen. Being aligned with your payment terms for payables and receivables, or planning your cash needs for the next quarter or year is not…

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Chatbots – The new frontier in Artificial Intelligence driven Sales

Imagine on a weekend, a customer decides to buy a laptop; he has made a list of all features and technical specifications required. Next, he visits your website to check prices, but its Saturday late evening and ends up at a Contact form telling “we will get back you soon”. Sounds disappointing? The customer was…

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Concert
Artificial Intelligence for Event Management

Today Artificial Intelligence (AI) is affecting our lives and going forward, it will become an eminent feature of every system. Relying on computation for decision-making gives businesses a greater competitive edge. And, we have people talking about AI everywhere, from Elon Musk to Mark Zuckerberg. Event management is no exception and an AI experience will…

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Machinery-tender
Predictive and Preventive Maintenance

Predictive maintenance might sound like a buzzword but I have seen it in action. I can take the credit for implementing it and rendering it useful for end users. I spoke about predictive maintenance and how it can work across industries in a webinar. Predicting unplanned failures can be beneficial to- Determine warranty cost Determine root cause…

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equipment-boost
Asset Maintenance and System Reliability go Hand in Hand.

System reliability, uptime and downtime measures are core to industries such as manufacturing, oil and gas pipeline. Reliability measurement also plays an important role for consumer-oriented services such as gas stations, ATMs, and electric charging stations. Measuring these inter-related measures helps us check system’s health, identify bottlenecks, and offer us areas of opportunity to enhance…

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bookkeeping
Revenue Cycle Management: Effective Charge Capture using RPA

In the current phase where there are rapid changes in reimbursement methods, it is imperative that healthcare organizations capture every charge representing the care provided, and they bill correctly as per regulations. Unfortunately some RCM applications fail to identify missed charges and make the process of rectifying any leakage harder than it has to be.…

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BlackMoon
Automated Data Discovery – The Next Level in Business Intelligence

Many technology breakthroughs have taken place in last 10-15 years and have brought to the current stage where automated data discovery (ADD) is achievable and will soon become the regular way of conducting data profiling/data exploration exercises. There was a time when pulling data from Teradata or Brio to Excel, Minitab, perform an analysis on…

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hospital
How can RPA help in Healthcare RCM?

Recent research shows that the healthcare RCM market is projected to grow to USD 65.2 billion by 2025. This growing market would need skilled workforce, which is already a scarce resource. With this tremendous projected growth, hiring and retaining top talent will pose to be a huge challenge. Unlike other automated approaches, Robotic Process Automation…

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Personal_card_information
Data security for GDPR and long-term RPA solutions

In my previous blogs, I spoke about GDPR and use cases where Robotic Process Automation (RPA) can provide some quick wins and help organizations work towards GDPR adherence without making extensive changes to their processes and LOB applications. In this blog, I will discuss areas where RPA can provide long-term compliance. With the GDPR, there…

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Online-Identity
GDPR PII – RPA solutions to address new PII identifiers

In my previous blog, I introduced how RPA can address some of the mandatory obligations put in force by GDPR. Here, I take up the scope of GDPR personal identifiable information (PII) and how RPA can address some of the cases. GDPR increases the scope of personal identifiable information (PII) identifiers by including online identifiers…

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RPA GDPR
How can RPA address GDPR compliance needs?

General Data Protection Regulations (GDPR) will come into effect on May 25th, 2018 and it replaces the existing 1995 EU Data Protection Directive. GDPR applies to all organizations gathering, processing and storing personal data of European Union citizens regardless of the organization location. Data covered under GDPR includes any data that can be used to identify…

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Fear
The Bot Controversy – Scare or Care?

“The BOTS are coming! The BOTS are coming! The BOTS are coming to take your jobs!” It is always scary to read such stories! And what is even worse? Reading scary facts that thousands & millions will lose their jobs because of Robotic Process Automation (RPA) and further linking it to dooms day! “BOTS will…

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BI Airlines
Analytics and Trends Evolution in the Airline Industry

I always follow research efforts by MIT Center of Transportation.  It is an easy way to know the problems that mature airline industry of North America is facing and attempting to solve.  Another such department active in the field of airline industry was (and still is) the ISYE- Industrial and Systems Engineering department at Georgia…

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RPA claim processing
RPA in Claim Processing reduces Claim Denials

Revenue Cycle Management (RCM) companies face numerous challenges, including claim denials and cost to collect. It is estimated that up to 40 percent of medical bills contain errors and a report by Advisory Board states that 90% of claim denials are preventable and can be corrected for payment. Claim denial management is a big opportunity…

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IntelligenceData
Outliers – An important element in Business Intelligence

It’s always fascinating to observe outliers and understand them. Outliers are the data points that don’t seem to fit well with rest of the data population. It is interesting that data points with outlier behavior are ‘outlier’ but can be found in almost every dataset that you get your hands on. Identifying outliers is always…

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AI for enterprise
Intelligent Solutions using Cloud Based AI Platforms

Artificial Intelligence (AI) and Machine Learning (ML) are two big buzzwords prevalent across the industries today. People, in particular developers are fascinated with this emergent technology, irrespective of their area of expertise. While a lot of them are still trying to figure out the nuances of AI and ML, the world has moved on to…

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frozen-velocity
OCR, ICR and RPA – The nuts and bolts

We spoke about Robotic Process Automation (RPA) and how bots can be used to speed up processes and remove unintentional errors which crop up during document management. The two techniques followed in the automation industry are OCR (Optical Character Recognition) and ICR (Intelligent Character Recognition), to read any type of document and extract data. Most…

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regex automation
Integrating Regex in Robotic Process Automation (RPA)

What is Regex? Regular Expression, REGEX, or regexp, sometimes called a rational expression, can be defined as a sequence of characters that form a search pattern. It’s like sorcery to a layman, something they don’t really comprehend, but want to make use of anyway, for it’s a very powerful tool, especially when used aptly and…

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Business_automation
Robotics Process Automation – Revolutionizing IT Industry

Within IT organizations or any other industry, automation is the new entrant and is here to stay! Robotics Process Automation – giving way to Artificial Intelligence?  A speedy approach? Or error free technology? Or Productivity? Why is automation maturing now? According to industry statistics, 30-40% of project costs are rework. Automation is a natural error-preventer,…

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green_wooden
Image Recognition – The heart of sophisticated RPA

RPA platforms use IDs to identify the elements inside the target applications and then perform actions like mouse clicks or sending Hotkeys to get the desired end result. When we work with remote systems and databases, like Citrix or the open web, it is not easy for the robot to identify the selector regions on…

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artificial-intelligence
Robotic Process Automation in Insurance Industry

(RPA) applies specific technologies to automate routine, standardized tasks in support of an enterprise’s knowledge workers. By freeing human employees from these mundane tasks to apply themselves to core business objectives, RPA offers a number of compelling benefits to the workplace. – Institute for Robotic Process Automation (IRPA) Robotic Process Automation (RPA) seems to be now…

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Predictive Analytics – Step 1 on the path to AI

Along with the emergence of new devices, we have data which is ever growing. And all this data is being collected for what? As someone correctly said – to analyze, see patterns and predict! And for all this data, you might think Artificial Intelligence (AI) to solve all data problems. And that is a good…

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pexels-photo-209728
What is Digital in Mortgage?

Digital or Digitalization is an umbrella term for the services using digital technologies, mainly on the Internet, but also including mobile phones, display advertising, and any other digital medium. This is going to be a series of posts on digital mortgage, in the attempt to discuss and give a clear picture of what is the digitalization which has been…

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Data-Analytics2
How can BI help in adhering to insurance industry regulations?

Developing an adaptable strategy for regulatory challenges and adhering to industry regulations, along with a good ROI for each investment is a tough nut to crack. Every big insurance company has multiple portfolios which are managed by different managers. Each investment manager should adhere to 3 levels of regulatory compliance, being – NAIC guidelines State…

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Retail-e1528198341946
The How and Why of Business Intelligence in Retail

The retail business  involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn profit. There are many challenges which these retailers face on an ongoing basis, where the primary two are – competition for customers and the expenses involved in running a retail business. Customer acquisition challenges? Consumers are turning to digital channels…

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Customer
Robotic Process Automation (RPA) and Enhanced Customer Experience

In my last blog I talked about how, Robotic Process Automation leads to changing job roles and the effect it would have on employees and employers. Here, I take the opportunity to highlight the great multiplier effect a successful RPA implementation can have on customer experience. A customer journey can be a simple set of…

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BIInsurance
Business Intelligence Needs of Insurers

The insurance industry has gone through many changes in the past few years. The interaction between insurers and customers has changed a great deal and strong competition is forcing insurers to take quick steps in building closer ties with their customers. There are many business intelligence tools out there which work great for insurers and…

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How To: Background jobs in Web Application using Hangfire

Don’t you not like it one bit when users think that your application is sluggish? And you know that, you really cannot do anything about it, because it is interacting with third party services, tools, vendors, and is just doing way too many tasks and some of them really complex. If you think, the user…

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building-on-fire
Claim Analysis and fraud detection Using Business Intelligence

Fast and effective claim handling is the base for customer relationships in the insurance industry, but insurance companies also have to protect themselves from the fraud claims that they might be faced with time to time. A new study from the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $5.6 billion…

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Busy
RPA & the emergence of new job roles

A few months ago I had written about the impact of RPA on traditional back-office and rule based activities performed by humans. Key impacts evidenced in various industries and by analysts: Jobs that had been traditionally “out-sourced” or “off-shored” are brought “in-house” or “right-shored”. This is evident in many “off-shored” or “out-sourced” services being bought…

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Lightning
Insurance Risk Management and Business Analytics

Insurance is a risk-transferring mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party. And in turn, risk management is very important for the insurance industry. Insurers consider every available quantifiable factor to develop profiles of high and low insurance risk, which…

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frozen-velocity
Robotic Process Automation (RPA) and its impact

In my last blog I touched upon Intelligent Enterprise Automation broadly covering Machine Learning, Autonomics, Machine / Computer Vision and Natural Language Processing. Today, I will focus on Autonomics and its impact on business and IT to be more specific. Autonomics are intelligent systems that apply self-adapting policies to “learn” from experience and respond to…

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Enterprise
Enterprise Intelligent Automation – coming of age

By 2019, the global market for content analytics, discovery and cognitive systems software is projected to reach $9.2 billion, according to IDC, more than double that of 2014. Intelligent automation is rapidly coming of age. “Smart” machines and “smart” systems and “smart” bots are becoming mainstream. Intelligent automation which is a combination of Artificial Intelligence…

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Connecting the dots for an IoT scenario

What is Internet of Things (IoT)? Today IoT is a buzz word in the market. But, what is IOT- Internet of Things? Internet of things is all about collecting and managing massive amount of data from a rapidly growing network of devices and sensors, processing the data, and then sharing it with other connected things.…

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What is Column store index?

Column store index is a new feature in MS SQL server, initially introduced with MS SQL server 2012 but had some limitations. Those limitations have been removed in MS SQL server 2016. Column store index is designed to speed up analytical processing and data warehouse querying. As the name suggests, here data is stored column…

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Business
Setting up CI & Deployment Automation – Ansible

Recently, we did some great work on Continuous Delivery and thought we should share our learnings.  We implemented the solution of Continuous Integration & Auto Deployment (Continuous Delivery) for a major Australian customer in retail & ecommerce space.  The challenges we faced were to maintain several instances of the site for the retail application which…

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Custom Auto Deployment: A Client – Server Model

Auto deployment is extremely useful when installations need to be carried out at multiple locations in a quick and effective manner. One of our customers, one of the major ISVs in Behavioral health with over a hundred client installations, were handling many such installations manually.  The process in place used deployment via remote connection to…

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Cloud and mobile revolutionizing the pharmaceutical industry

Compliance tracking, globalized clinical trials and outsourced vendors has made it almost mandatory for this industry to push aside the traditional outlook and get onto the technology bandwagon. Pharmaceutical regulatory compliance is primarily dependent on the management of the compliance process and thorough documentation to deliver complete business efficiency. There are many divisions within the…

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