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…

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ABB 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…

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Autonomous 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…

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The 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),…

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Broad 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…

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Government 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…

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Four 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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Tokyo Wan Vessel Traffic Service Center tests AI technology

To reduce unnecessary alerts by about 90%, contributing to highly accurate prediction of vessel collision risks. Tokyo Wan Vessel Traffic Service Center, tested Fujitsu’s AI technology under an outsourcing contract with the Japan Coast Guard, which manages maritime traffic control services. Results of the trial demonstrated that this technology can…

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