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MISSISSAUGA, Ontario, Oct. 23, 2024 (GLOBE NEWSWIRE) — The CanadianSME Small Business Summit, sponsored by Amazon Business Canada, is thrilled to announce its 5th annual event happening tomorrow, October 24, 2024, at the Metro Toronto Convention Centre, Toronto. This year’s summit, with its unique focus on ‘Fueling Canadian SMBs with Digital Transformation, Inclusion, and Adaptability,’ promises to be a game-changer for small and medium-sized businesses (SMBs) in Canada. It will provide crucial strategies for SMBs to survive and thrive in the rapidly evolving digital landscape. With the Canadian economy relying heavily on the success of SMBs, this year’s summit is not just an event but a crucial platform that aims to provide business leaders and entrepreneurs with the tools, insights, and resources necessary to foster growth and resilience in the face of technological change and societal shifts. The summit promises a day of dynamic discussions, keynote speeches, and expert panels addressing key challenges and opportunities SMBs face nationwide. “At Amazon Business, we are committed to the growth of small businesses and invest in tools to support them overcome the challenges they face, and to help them free up time and resources to focus on what’s important: their mission and […]

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McLean Signature, the annual industry conference from global HR research and advisory firm McLean & Company, will bring human resources professionals together from October 27 to 29, 2024, in Las Vegas to learn from a variety of keynote speakers and prepare for the future of work. The firm’s experts will provide both attendees and media with data-backed, actionable insights on a wide range of HR topics and are available for media interviews on the top trending topics, including the impact of AI, the future of work, DEI resistance, and digital transformation in the workplace. TORONTO, Oct. 23, 2024 /PRNewswire/ – As HR continues to play a pivotal and strategic role in preparing organizations for the future of work, global HR research and advisory firm McLean & Company is preparing to host the annual McLean Signature HR industry conference in Las Vegas, Nevada, from October 27 to 29, 2024. An impressive roster of talented experts spanning a wide range of industries will be joined by the firm’s thought leaders, who will facilitate a number of sessions, including keynotes, panels, and fireside discussions, backed by industry data and McLean & Company resources. Continue Reading McLean Signature, the premier industry conference for […]

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UiPath (NYSE: PATH) announced that Banco Azteca , a major Mexican financial institution, has achieved significant efficiency gains through AI and automation implementation. The bank developed 190 automations, resulting in a 50% boost in productivity and halved development time for complex bots. Key improvements include resolving 56% of banking transaction clarifications within 24 hours, reducing response times from 13 to 1 day, and processing 18,400 folios with 237,000 document validations in insurance claims management, saving 7,300 working hours. The legal department generated over $200,000 in monthly savings, while the financial document review process now handles 1,300 documents daily with eliminated human errors. UiPath (NYSE: PATH) ha annunciato che Banco Azteca , una delle principali istituzioni finanziarie messicane, ha ottenuto significativi guadagni in termini di efficienza grazie all’implementazione dell’AI e dell’automazione. La banca ha sviluppato 190 automazioni, portando a un incremento della produttività del 50% e ha dimezzato il tempo di sviluppo per i bot complessi. I principali miglioramenti includono la risoluzione del 56% delle chiarificazioni delle transazioni bancarie entro 24 ore, riducendo i tempi di risposta da 13 a 1 giorno, e il trattamento di 18.400 fogli con 237.000 validazioni di documenti nella gestione dei reclami assicurativi, risparmiando 7.300 […]

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Nearly all of Kazakhstan’s second-tier banks and 75 payments, microfinance and other financial organizations are now hooked up to the country’s biometric authentication system, as digital identity is used to access a growing number of public and private services. The country represents a positive example of how to effectively implement digital public infrastructure for developing and emerging markets, says a report from the Center for Strategic and International Studies (CSIS). Kazakhstan began requiring biometric authentication for loans in August, but the full production launch of the national biometric authentication system is expected to expand the use of biometrics to even more sectors. Already, the use of online banking in the country has grown from roughly one-in-four in 2018 to near universality among Kazakhs. Digital transactions have grown from 7 percent a decade ago to 89 percent. Kazakhstan jumped up to 28th spot in the UN’s digital government index in 2022, and has digitized over 1,000 government services . The country has also been working with its neighbors to facilitate easier cross-border travel and trade. CSIS identifies an open, competitive payment market, the provision of secure digital ID, and public-private partnerships as critical enablers of Kazakhstan’s digital transformation. The country’s […]

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New Project Salesforce announced a strategic collaboration with Tata Consumer Products Limited (TCPL) to drive its digital transformation journey. The launch of this next gen Go-To-Market (GTM) platform is revolutionising TCPL’s sales and distribution operations with remarkable speed and efficiency. TCPL’s decision to implement Salesforce Sales Cloud, Service Cloud, Platform, Mulesoft, aligns with its vision to transform into a digital-first, data-driven organisation, leveraging advanced technology to enhance customer experiences. Mulesoft has enabled TCPL to harness the full potential of data through simplification of mammoth integration across systems while providing performance and stability at scale. Leveraging Salesforce’s advanced data management and AI capabilities, TCPL has accelerated its digital transformation with remarkable speed and efficiency. The development and deployment of the platform was driven by a nationwide rollout to over 3,000 distributors within four months. At the peak of this rollout, up to ~200 distributors were successfully onboarded in a single day, showcasing the platform’s scalability and agility. The platform integrates seamlessly with Salesforce’s tools, providing real-time market intelligence and offering key insights into distributor sales and retail shelf activity through the Salesforce Customer 360 suite. This collaboration is driving efficiency across TCPL’s extensive retail network, which spans over 1.63 million […]

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India Stack has revolutionised the banking and financial services industry by simplifying the processes of identity verification, digital payments, and lending. India is rapidly advancing into the digital era. At the forefront of this transformation is India Stack , which is designed to digitise and democratise access to essential services for citizens and businesses. India Stack is a set of application programming interfaces (APIs) and digital systems that allow governments, businesses, and developers to utilise India’s digital infrastructure efficiently. Built on layers such as presence-less, paperless, cashless and consent-based services, India Stack ensures privacy while promoting efficient digital transactions. As per industry reports, with enablers like deep internet penetration and cheap and affordable 4G and 5G services, India is set to become a USD 1 trillion digital economy by 2028. India Stack is revolutionising the way businesses interact with each other, with its influence spanning multiple sectors. From healthcare to financial services, the system’s layers are enabling seamless and safe digital transactions, changing the nation’s approach to governance and e-commerce. Below is a breakdown of how each layer of India Stack is enabling this transformation. Presence-less Layer (Digital Identity): The foundation of India Stack is the Aadhaar system, which […]

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With qualitative products, customers have shifted their focus towards the experiences they receive from you. These spot-on transactional experiences help them build a strong brand perception for your business, making them loyal. And 46% of consumers say they would pay more to purchase from trustworthy brands. data on assets under management of robo advisors Thus, the exceptional customer experience is a key driver of customer loyalty, which improves customer retention and helps your automotive business thrive exponentially. Now the question is: what drives customer loyalty in your automotive business? Spoiler Alert: Automotive Digital Transformation. Digital transformation in automotive enables companies to meet and surpass tailored demands by using advanced technologies that enhance efficiency, improve communication, and offer customized services., Besides augmenting customer services, digitalization in the automotive industry can efficiently solve industry challenges like streamlining supply chains, optimizing manufacturing operations, and improving after-sales support, which constituently creates exceptional customer experiences. AI and IoT are two major players in the market for analyzing technologies that transform digital experiences. That’s why the global automotive intelligence market is expected to reach around 74.5 billion U.S. dollars in 2030 . Aside from delivering connected vehicle experiences, AI and IoT in the automotive industry […]

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The UiPath Action Center and Document Understanding have further streamlined Banco’s operations. Credit: SuPatMaN/Shutterstock. Mexico-based financial institution Banco Azteca has implemented UiPath ‘s artificial intelligence (AI) and automation technologies to improve efficiency and customer service. Initially, Banco developed 15 automations to lay the groundwork for its digital transformation. Recognising the UiPath Platform’s potential, the company expanded its use within its Center of Excellence, developing 190 automations that have optimised a variety of processes. Over half of banking transaction clarifications are now resolved in less than one day, significantly reducing response times, the lender said. Banco Azteca transformation operations director Kathia Barrios said: “The transformation that we have achieved using the UiPath Platform fortifies our competitive edge and underscores our commitment to innovation, setting a new standard for excellence in the financial sector. “We have completely overhauled batch processing, which took many hours to complete, created drastic improvements in processing high quantities of claims, and realised significant operational efficiencies. Our transformation is enhancing customer experiences and employee satisfaction.” How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Company Profile – free sample […]

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Lao Gan Ma, a leading chili sauce maker in China, has integrated big data into its operations, evolving from a manual workshop into an automated facility. You may like 2nd phase of 136th Canton Fair opens in Guangzhou

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