Scott Nelson, Ph.D., President, and Chief Digital Officer, of Tamarack Technology Inc., provides Leasing Avenues with the state of artificial intelligence in the equipment leasing and finance industry. From AI, Machine Learning, and Natural Language Processing to how they can be implemented now, Scott explains how even small lessors can realize substantial benefits. Spoiler Alert: it is now affordable and feasible to implement in under a year.

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This Trail Mix installment describes how to leverage the 100% Bonus Depreciation mass update utility within InfoLease.

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Transformation to becoming a “digital business” may be a tired topic, but how many finance companies can actually claim success? Indeed, how many business leaders have a definition of success for digital transformation much less have communicated it companywide?

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Automation has been a principal pursuit of business ever since Henry Ford implemented the first assembly line in 1913 and reduced the Model T assembly time from 12 hours to 93 minutes. Twenty-five years later, during World War II, increased demand for military equipment brought mechanization to production lines enabling higher speeds, fewer errors and more efficient use of raw materials.

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Tamarack Technology, Inc., has hired equipment finance technology veteran Greg Henderson to support the company's new artificial intelligence (AI) offering. In his role as Systems Operations Manager, Henderson will provide development, operational oversight and support for clients implementing the Tamarack.ai cloud-based platform, products and services.

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Tamarack Technology, Inc. has launched its artificial intelligence (AI) offering. Tamarack.ai is a business intelligence and productivity platform that applies machine learning and AI to continuously and autonomously help institutions reduce capital risk through analysis and learning gained from operational data.

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