In the near future, for any industry to thrive, then digitization will play a significant role in the answer. Data analytics is already driving decision making in many ways. Further, digital delivery allows for institutions to better serve the needs of existing students while opening up their organizations to new markets. Without having to build new classrooms, and new facilities, higher education can use the process of digitization to create digital courses, simulations, virtual labs, and more.  Further, faculty can use digital transformation to increase the personalization of their instructi ..read more

It’s Weekly Roundup time! We continued our deep dive in artificial intelligence this past week with our latest articles. We also announced our sponsorship of the 18th Annual CUNY IT Conference held in New York City next month. Lastly, be sure to read up on our newest success story on GTBank. Enjoy! 1. Guaranty Trust Bank (GTBank) Case Study Guaranty Trust Bank, Nigeria’s largest publicly traded bank, takes pride in its ability to deliver quality customer service. Needing to stay competitive in the market, the bank adopts the ProcessMaker workflow platform. Today, ProcessMaker is the most wi ..read more

ProcessMaker is proud to announce its sponsorship of the 18th Annual CUNY IT Conference this year. The 2019 CUNY IT Conference will be held on December 5-6, 2019 at John Jay College of Criminal Justice in New York, New York. It will offer overviews of the University’s key IT initiatives, including discussions of how technology can support and advance teaching, scholarship, and administration. Recognizing its role in providing greater access to education and opportunities for its students, CUNY holds an annual conference to further that mission every year. Digital technologies and online progr ..read more

“The future is already here — it’s just not very evenly distributed,” said William Gibson, an American-Canadian pioneer of the cyberpunk fiction genre. This is especially true of robots in the workforce. For some industries, like manufacturing and automotive, robotics has been present as early as the 1960s. For others, robots are just beginning to change the way work is accomplished. In this article, we will explore the key differences between robots and the technology powering robotics, the industries experiencing revolution, and what the future of work will look like alongside robots. Rob ..read more

The days of Artificial Intelligence (AI) as science fiction are over. Today, AI has moved in and made itself at home, thanks to Alexa and Google Home. But in businesses, AI has a much more comprehensive range of usefulness. AI has infiltrated virtually every business process in every industry out there.  In 2016 the global Artificial Intelligence market was around $1.4 billion. By the year 2025, AI is expected to be approximately $60 billion. AI can increase business productivity by at least 40%. In today’s world, it has become imperative for companies that want to maintain a competitive edge ..read more

An increasing number of organizations are embracing digital transformation. By deploying a business process management (BPM) software, companies can further enhance their digital transformation process by using technology to improve product and service innovations, improving customer response times, and increasing operational efficiency. When done right, and implemented thoughtfully, BPM can quickly improve agility, transferability, and repeatability of your processes. So then, many organizations may see how automating repeatable processes can shorten product time to market giving employees mo ..read more

It’s that time again! This past week, we have explored AI in finance, the woes of fraud and financial crime, ProcessMaker product features, and the pros of an e-signature service. Read on to learn more in this latest Weekly Roundup! 1. WATT+VOLT Success Story WATT+VOLT is a growing and highly innovative Greek company providing electricity, natural gas, and integrated energy services to a wide range of customers in Greece and across the world. Using ProcessMaker, WATT+VOLT revamped its core business operations, establishing a stronger risk management strategy compliant with GDPR. Download the ..read more

Artificial intelligence (AI) is leading the front of the digital transformation strategy in finance today. Using AI to improve core banking operations and tailor services will deliver over $250 billion in value across the industry, according to the McKinsey Global Institute. Between voice assistants, chatbots, process automation, and predictive analytics, financial services are indeed getting a major makeover.  This is just the beginning. As we step into a new decade soon, let’s discuss the impact of AI on finance, how that affects consumers and businesses, and how AI will change the financia ..read more

Anti-money laundering is one of the greatest threats to financial institutions today. In a world of instant gratification, consumers have put pressure on banks to deliver solutions that meet their expectations in the financial sector. As banks balance this demand with the need for compliance, many are struggling to meet regulatory requirements, deliver an exceptional customer experience, and secure their transactions. To overcome these challenges, banks are recognizing a need to revamp the current anti-money laundering process (AML). In this article, we discuss the ins and outs of AML and is ..read more

Process optimization is quickly gaining recognition for its power to aid in digital transformation. Businesses that want to digitally transform require the highest levels of efficiency to create and scale value for customers. For larger enterprises with several moving parts in software, finding the right platform to extend legacy value is critical. Larger enterprises require a platform that can improve efficiency while also modernizing and extending existing legacy systems in place. This results in money saved and revenue gained, as a business process management (BPM) will enable a business ..read more