The 2024 Everest Group report highlights impact sourcing as a strategic talent model fostering inclusivity and business resilience. It emphasizes how firms like NextWealth are central to this ecosystem, offering scalable IT and AI/ML solutions while generating employment in underserved communities. By creating over 5,000 jobs across small towns, NextWealth exemplifies how social impact and […]
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Dr. Sridhar Mitta has been honored with the Lifetime Achievement Award for his five-decade-long contributions to India’s IT industry. From working on defense projects at ECIL to becoming Wipro’s first employee and CTO, he pioneered innovations like the "Lab on Hire" model. His ventures, including e4e Inc. and EnThink, connected Indian talent to global opportunities. […]
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The genesis of NextWealth in 2010 stemmed from a desire to blend technological prowess with social good, creating opportunities in underserved regions. Dr. Mitta emphasized the strategic advantage of starting the Indian IT industry without legacy constraints, enabling the adoption of cutting-edge technologies and fostering partnerships. His motivation for NextWealth was rooted in leveraging his […]
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We live in a digital-first world, where the success and growth of an eCommerce business depends on how easily and quickly customers can find the right product. E-commerce product discovery is more complex than just listing items available in your store. It involves planning and enabling search experiences that match user intent. What you need […]
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Over the past few weeks, an unmistakable aesthetic has been sweeping across social media a soft, watercolor-infused world that feels like it belongs in a Studio Ghibli film. Ordinary photos are being reimagined by generative AI into dreamy, emotionally rich illustrations. It’s charming, whimsical, and immensely shareable. This “ghiblification” trend has become a viral celebration […]
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AI models are only as good as the data they learn from! constant—data quality matters. While automation is powerful, AI alone is not enough to ensure accurate and unbiased results. This is where Human-in-the-Loop (HITL) annotation comes in. By integrating human expertise with AI, HITL enhances accuracy, minimizes errors, ensuring ethical decision-making. Whether self-driving cars, […]
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Introduction Fraud is an ever-evolving challenge in the digital age, costing businesses billions of dollars annually. As cybercriminals adopt sophisticated methods, traditional fraud detection systems struggle to keep up. This is where Artificial Intelligence (AI) comes into play, providing real-time fraud detection and proactive security measures. However, AI alone is not infallible. With years of […]
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According to The State of Personalization Report 2024, published by Twilio Segment, AI-driven personalization is a growing trend in eCommerce. 92% of businesses use Generative AI to drive success. Some common use cases include offering smart product recommendations, quicker product description generation, and improved search using images. eCommerce businesses, especially those dealing with thousands of […]
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Artificial Intelligence (AI) has become an integral part of modern society, revolutionizing industries from healthcare to finance and transforming how we live, work, and interact. From personalized recommendations on streaming platforms to predictive analytics in criminal justice, AI systems are increasingly making decisions that affect millions of lives. However, as AI technologies proliferate, so do […]
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