Initiative forms part of Coles’ Easy Ordering program. One of Australia’s leading retailers Coles will optimise its end-to-end supply chain planning for fresh produce categories as well as their long-term inventory planning capabilities. The supermarket giant has chosen Finnish company, Relex Solutions to provide it with the RELEX Living Retail…
Read MoreAI & Machine Learning
Japanese financial institution upgrades AI for call centres
Technology reduces the amount of data and time required for training as well as the cost of specialised hardware setups. Sumitomo Mitsui Financial Group (SMBC Group) has started using an AI system that incorporates the advanced natural language processing technology. The system was developed jointly by SMBC Group, The Japan…
Read MoreNew Zealand’s University of Waikato installs AI System
Powerful supercomputer for artificial intelligence applications. The University of Waikato, as part of its commitment positioning New Zealand as a world leader in AI research and development, has installed an NVIDIA DGX A100 is the first computer of its kind in New Zealand and is the world’s most advanced system…
Read MoreAsia-Pacific’s Internet of Things market worth close to US$437B by 2026
COVID-19 has had a negative impact on projects that integrate innovative technolgies. Frost & Sullivan’s recent analysis finds that Asia-Pacific’s Internet of Things (IoT) market is rapidly being transformed by mega trends, including the integration of edge-computing networks into IoT systems and new narrow-band (NB) IoT deployments. Driven by growing…
Read MoreAustralian Government urged to allocate millions towards AI
Tech giant’s conduct was found to be liable to mislead the public. Australian Information Industry Association (AIIA) is calling on the Federal Government to allocate A$250 million in the May budget to ensure Australia becomes a global leader in AI research and commercialisation and doesn’t fall behind its international peers.…
Read MoreDBS fortifies NAV Planner with AI-powered investment advisory feature
Part of ongoing efforts to democratise access to wealth management services. DBS Bank has added an AI-powered financial and retirement planning tool NAV Planner, which will provide specific investment recommendations that are tailored to their investment profile. The bank has adopted a multi-dimensional approach to help investors determine their investment…
Read MoreAPAC businesses use AI in isolated projects
AI is fast becoming the focal point for many organisations in the region. With an increasing number of enterprises reaching the later stages of their digital transformation (DX) initiatives, they are looking to extract more value from their data in order to help employees increase efficiency, augment decision making, and…
Read MoreIT/OT convergence to support resilient decision making in APAC
The ability of operations to consume data insight and enable resilient decision making will become critical. The shift in maturity of integration of IT and OT systems will bring a critical focus to processes and organisations. In a recently released report, IDC FutureScape: Worldwide IT/OT Convergence 2021 Predictions — Asia/Pacific (excluding…
Read MoreEGAT adopts AI to improve efficiency
IBM’s AI-powered enterprise asset management platform to help improve energy productivity and operational efficiency. The Electricity Generating Authority of Thailand (EGAT), Thailand’s largest power producer under the Ministry of Energy has selected IBM’s AI-powered enterprise asset management solutions to help manage the assets of its electric power plants. IBM’s AI-powered…
Read MoreFactories of the future
New manufacturing sites join the World Economic Forum’s Global Lighthouse Network as leaders in applying Fourth Industrial Revolution technologies. A community of world-leading manufacturers using Fourth Industrial Revolution technologies to enable bottom-line growth, despite the COVID-19 pandemic’s unprecedented disruption, 93 per cent of manufacturers achieved an increase in product output…
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