Remove 2025 Remove Digital Remove Document
article thumbnail

AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

Digital banking market. On the contrary, COVID-related challenges became opportunities and had a major shaping impact on the banking tech forcing incumbents to invest in digital channels. From blockchain adoption to the use of AI scoring and digital underwriting – a lot of banking processes became paperless and online.

Banking 317
article thumbnail

2023 SAP Innovation Award Winner: Petrobras Predictive Asset Insights

Timo Elliott

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems. The project enables the tracking of around 83,000 pieces of equipment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

The rapid pace of digitization has caused fintech markets to boom around the world. Mordor Intelligence predicts that the technology’s value in the industry will grow at a CAGR of 23.17% until 2025. Document digitization is one of the most time-consuming tasks that finance teams face. in the fintech market is growing.

article thumbnail

How Big Data Has Become Integral to Commercial Fleet Success

Smart Data Collective

Big data is at the heart of the digital revolution. Legacy solutions might have used paper trails and documents, but that same information is now digital. billion by the end of 2025 , up from $3.8 Intrinsically, it can process information on a large scale, utilizing automation and smart analytics tools. billion in 2018.

Big Data 265
article thumbnail

EHR/EMR Software Development Recommendations in a Health Market Governed By Big Data

Smart Data Collective

By the year 2025, that figure is projected to grow to $67.82 An electronic health record, or simply an EHR, is a digital alternative to a patient’s paper chart, providing a total overview of a patient’s medical history. Big data has had a tremendous affect on the healthcare sector. Electronic health records (EHRs).

Big Data 197
article thumbnail

8 Best Accounts Payable (AP) Automation Software with AI Technology in 2025

Astera

Its 2025, and manual finance workflows are a thing of the pastor at least they should be. The fact that 50% of the invoices an average enterprise receives are still paper documents highlights the need for digital transformation in AP document management.

article thumbnail

What Makes Intelligent Document Processing Essential in Today’s Healthcare?

Astera

Healthcare data is set to soar, with projections showing that it will grow from 2,300 exabytes in 2020 to an impressive 10,800 exabytes by 2025. What’s more is that a large portion of this data is unstructured—scanned documents, handwritten notes, and PDFs that don’t easily integrate into traditional systems. billion DVDs!