New Delhi: The average selling prices (ASPs) of smartphones continued to rise for the fourth consecutive quarter in India, hitting an all-time high of $211 (nearly Rs 16,323) in the January-March quarter, on the back of increased prices both for existing and newly launched devices, a new report showed on Monday. MediaTek-based smartphones had a […]
New Delhi: The global revenues for the artificial intelligence (AI) market, including software, hardware, and services, is forecast to grow 19.6 per cent (on-year) in 2022 to $432.8 billion, according to a new report. The market is expected to break the $500 billion mark in 2023, reports International Data Corporation (IDC). AI solutions are currently […]
By 2023, to counter the uncertainty of the pandemic, 60 per cent of corporate banks will be revisiting credit scoring models and prioritising an open data strategy to improve loan portfolio health, according to the report.