The document discusses how AI is being applied across multiple industries ("verticals") to drive digital transformation. It provides examples of common AI applications in several sectors like BFSI, healthcare, retail, energy, education, manufacturing, e-commerce, technology, and telecom. These include tasks like fraud detection, customer service, supply chain management, personalized learning, predictive maintenance, and network optimization. The document also shares industry reports and forecasts projecting significant revenue growth and cost savings from AI adoption over the next few years across all these verticals.
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AI in Verticals - Complete.pptx
1. AI in Verticals
A peek into digital transformation
Rajesh Menon - @rajesh30menon
3. AI in BFSI
Sector
Relevant and Personalised Customer Engagement
Digital Assistants, NLP, lead generation
A cost-effective way of doing business; boosts employee
productivity
Converstational AI
A report by Business Insider Intelligence titled AI in Banking
and Payments revealed that aggregate potential cost savings
for banks from AI applications is estimated at $447 billion by
2023.
Solving for the erstwhile complications of Banking Frauds
Fraudulent transactions, ID forgery, loan scams to email
phishing, identity theft and more.
The Future of BFSI is already here...
As per Nasscom, the industry in India is expected to reach
USD$16 billion by 2025. Innovation and customer-centric
approach will call for increased deployment of data analytics.
Rajesh Menon - @rajesh30menon
4. AI in Banking
Real Time Fraud Detection
Cost Efficiency
Relevant Customer Engagement
Enhanced Banking Products
Better Security
As per Nasscom, the industry in India is expected to
reach USD$16 billion by 2025. Innovation and
customer-centric approach will call for increased
deployment of data analytics in the sector enabling
more personalized experiences and
transformational customer journeys.
Rajesh Menon - @rajesh30menon
12. Things to
consider for
AI in
Healthcare
Working together to deliver quality AI in healthcare
Rethinking education and skills
Strengthening data quality, governance, security and interoperability
Managing Change
Investing in new talent and creating new roles
Working at scale
Regulation, policymaking and liability, and managing risk
Funding
Rajesh Menon - @rajesh30menon
14. Seven ways AI is
disrupting Retail
Regulation, policymaking and liability, and managing risk
Chatbots To Assist With Customer Service
Flexibility Of Price Adjustments
Effective Supply Chain Management And Logistics
Personalization And Customer Insights
Intelligent Product Searches
Streamlining Store Operation
Rajesh Menon - @rajesh30menon
22. 6 applications of AI in
Education Industry
Personalized Learning
Voice Assistants are in
Aiding educators in administrative tasks
Breaking Barriers
Differentiated and individualized learning
Smart Content
Rajesh Menon - @rajesh30menon
34. AI in Tech
Points to be
noted
Building Secure Systems
Improved Productivity
Automating Processes
Application Deployment
Quality Assurance
Server Optimization
Rajesh Menon - @rajesh30menon