Predictions for the Future of Intelligence. Results from the International Data Corporation (IDC) Future of Intelligence survey reveal a significant positive correlation between enterprise intelligence and better business outcomes. By investing in enterprise intelligence, organizations can achieve first-order benefits – improved decision-making, higher knowledge, and more efficiency – which in…
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National programme to deepen AI capabilities in financial services
Part of Singapore’s broader National AI Strategy . The National Artificial Intelligence (AI) Programme in Finance was launched by the Singapore FinTech Festival x Singapore Week of Innovation and TeChnology (SFF x SWITCH) 2021. The Programme is a joint initiative by the Monetary Authority of Singapore (MAS) and the National…
Read MoreABB India unveils new AI-enabled corporate and business office
Campus aims to rely on 100 percent renewable energy by 2023. Engineering multinational company ABB India has moved its corporate and business office to an integrated, sustainable, and digitalized facility within its own Peenya campus in Bangalore. The facility, named Disha, will house the corporate office, along with the offices…
Read MoreAutonomous truck project passes major milestone
Providing distributors and retailers with a secure mobile experience for managing orders and deliveries. A $3.5 million Australian Army project to develop a convoy of autonomous trucks that use technology to follow the leader has passed a key milestone by successfully completing a series of road trials. The autonomous leader-follower…
Read MoreThe most sought after technology hires in Japan
Security was an important issue in Japan’s digital environment.. A recent survey of Japanese companies by recruitment firm Hays, has found that 45 per cent said that hiring strategies affect productivity improvement across the company. Other benefits of the recruitment strategy included customer experience (26 per cent), product quality (19 per cent),…
Read MoreBroad smartization industry adoption
COVID-19 accelerated the trend of smartization. Since the outbreak of COVID-19, smartization has become a topic of keen interest to individuals, companies, and society as a whole. In response to the crisis, most companies were quick to restructure their production chains to meet users’ demand and employ new technologies such as big…
Read MoreChina stepping up on AI
It hasn’t won the race yet. Recent media outlets have stated that former US Air Force Chief Software Officer Nicolas Chaillan, has come out to say that China is “winning” the race in AI. According to media reports during his exit as the CSO of the US Air Force, Chaillan…
Read MoreIndia AI market to reach $US7.8B by 2025
Businesses in India will accelerate the adoption of both AI-centric and AI non-centric applications. By 2025 India’s AI market is expected to grow at a five-year compound annual growth rate (CAGR) of 20.2 per cent and total revenues reaching an impressive $US7.8 billion in India. The businesses in India will…
Read MoreGovernment organisations’ workforce still wary of AI
Departments embrace AI, but workers still wary. Government organizations around the world are adopting artificial intelligence (AI) technologies to help them achieve their public purpose or mission, but government employees are still concerned about the technology’s impact, according to Gartner, Inc. Thirty-six percent of government respondents in the 2021 Gartner CIO survey indicated…
Read MoreFour trends driving near-term artificial intelligence innovation
Responsible AI, small and wide data, operationalisation and efficient resource use will be key to scaling AI initiatives. The AI market remains in an evolutionary state, with a high percentage of AI innovations appearing on the upward-sloping Innovation Trigger (see Figure 1). This indicates a market trend of end users…
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