The pandemic has exposed the gaps and shortcomings in analytics and AI/ML models for the Indian organisations. The COVID-19 pandemic has been driving demand for intelligence technologies to enable new ways of working, reports IDC FutureScape: Worldwide Future of Intelligence 2021 Predictions – India Implications that contextualizes Future of Intelligence predictions…
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Businesses in India focus on unleashing the true value of data
India artificial intelligence predictions for 2021 and beyond. Organisations in India are embracing AI driven by improved internal efficiencies, competitive edge, and enhanced customer experience (CX). Driven by enterprise resiliency, leveraging tech has become existential in the journey to the new normal, states IDC’s latest report, IDC FutureScape: Worldwide Artificial…
Read MoreAugmented and virtual reality IT spending in APAC to reach US$28.8B
The industry that is leading the most projects/implementation in APeJ is education. The recently released IDC Worldwide Augmented and Virtual Reality Spending Guide forecasts Asia Pacific excluding Japan, spending on augmented reality and virtual reality (AR/VR) to grow rapidly at a compound annual growth rate (CAGR) of 47.7 per cent…
Read MoreMaking Telangana a technology State
Southern Indian State sets sight on becoming a technology hub in the region. The Southern Indian state of Telangana has partnered with technology services company, Tech Mahindra to open a delivery centre in Warangal city. Shri KT Rama Rao, IT and Industries Minister at Telangana said the opening of Tech…
Read MoreOpenNetLab empowers AI-assisted networking research
The application of AI technology in the networking field, has many challenges. Microsoft has set up OpenNetLab, an open networking community and platform in collaboration with multiple universities in Asia, including academia from China, Korea and Singapore. OpenNetLab is a network research community project. Its aims to promote the application…
Read MoreAustralian independent grocer automates with RPA
Enables key staff to focus on growing the business as well as managing day-to-day finance operations. Independent fresh food chain Harris Farm Markets has rolled out its first RPA (robotic process automation) projects in conjunction with Sherpa Works and UiPath. With 26 stores already and 3000 staff across New South…
Read MoreAlinta Energy powers ahead
Cloud-based data warehouse and AI infused analytics. Alinta Energy is one of the first companies in Australia to use Azure Synapse Analytics, the recently released next phase of Azure SQL Data Warehouse which promises a limitless analytics service bringing together enterprise data warehousing and big data analytics. The Alinta Data…
Read MoreAPAC financial services invests in AI
Spending to reach US$4.29 billion by 2024. The spending on AI by the financial services sector in Asia Pacific is estimated to grow at a compound annual growth rate (CAGR) of 22.1 per cent in the 2019–2024 period to reach US$4.29 billion in 2024. Currently, the financial services spending in…
Read MoreIdentifying algorithmic bias in AI
Newly released paper demonstrates helps to address problems with AI bias. With companies increasingly using AI for decision making in everything from pricing to recruitment, addressing the problem of algorithmic bias explores how these decision-making systems can result in unfairness. A recently released technical paper demonstrates how businesses can identify algorithmic bias…
Read MoreSpace the new frontier for APAC tech development
UN says companies in the region are looking towards space for sustainable development. Asian and Pacific nations are leveraging space technology and geospatial information to respond to challenges on the ground, including in their efforts to contain the spread and mitigate the impact of the coronavirus pandemic, according to a recently…
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