Real World Examples of How Artificial Intelligence Is Being Used In Financial Services

In last few years, Artificial Intelligence has made the transition from a research topic to the early stages of enterprise adoption. From voice-powered personal assistants like Siri and Alexa, a robot that defeats a world-renowned player, to a car that can parallel park itself, there are several examples of artificial intelligence in use today. But …

Can Hydrogen Powered Aircraft Become a Reality?

As part of the effort to decarbonise aviation, it’s often Sustainable Aviation Fuels (SAFs) that receive the attention. They are of course important, and immediately available – which helps. But whilst SAFs can cut carbon today, it has been said that hydrogen could eliminate carbon from aviation in the future. Let’s explore this for a …

Value Stream Mapping in the Aerospace Industry

What is Value Stream Mapping? The goal of value stream mapping is to visually map out the path of a product from start to finish. This includes showing which suppliers send in raw material, the individual manufacturing processes that create the product and the customers that receive the product. More importantly value stream mapping allows …

The next era in aerospace supply chain evolution?

Shortly after becoming CEO of Ford Motor Co., former Boeing Commercial Airplanes chief Alan Mulally was asked if he was ready for the complexity of the automotive industry. “An automobile has about 10,000 moving parts, right? An airplane has 2 million, and it has to stay up in the air,” he reminded his Detroit audience. …

The future of aviation – how Vertical Aerospace has found a solution

I love travelling.  I still get excited going to the airport and the idea of being transported to a different place. I believe flying helps make our world a better place, connecting people, businesses and nations across the globe, building human, cultural and political understanding that lead to shared prosperity and peace. However, it’s increasingly …

The Future of Insurance

We profit from it, we fear it, and we find it impossibly hard to quantify… risk. While not the sexiest of industries, insurance can be a life-saving protector, pooling everyone’s premiums to safeguard against some of our greatest, most unexpected losses. One of the most profitable in the world, the insurance industry exceeded $1.2 trillion …

Insurance Products are Dead. Long live Insurtech Platforms

During the last 4 years I’ve been talking about Insurtech, and I have always done so from the context of collaboration with and transformation of the insurance industry. That’s why to talk about Insurtech is to talk about the next stage for insurance. Since 2016 we have witnessed the changes and opportunities Insurtech brings to …

How Fintech’s Are Raising Financial Literacy And Risk Awareness To Drive Financial Inclusion

According to the latest report from the World Bank, 1.7 billion population stands unbanked. Without access to formal financial services, these individuals cannot avail of social protection, save money and benefit from global asset inflation phenomenon that makes rich even more reacher leaving the poor behind. As a result, they risk losing out on basic …

Robots As A Service: A Technology Trend Every Business Must Consider

What is Robots-as-a-Service (RaaS)? Many are now familiar with the concept of software as a service (SaaS) or big data as a service (BDaaS), the pay-as-you-go or subscription-based service model. In a similar set-up, those who sign up for robots as a service get the benefits of robotic process automation by leasing robotic devices and …

Facts to Know about Robotic Process Automation

RPA stands for robotic process automation, which is an automation technology that uses robotics and/or artificial intelligence (AI). RPA is regarded as the future of automation testing, with a distinct methodology and numerous advantages. It differs from the conventional automation method, which is carried out with the help of a test automation tool such as …