Practical uses of AI will be front and centre to businesses. Global artificial intelligence (AI) platform revenue will reach US$52bn by 2024, up from US$28bn in 2019 as spending on AI will rise as businesses seek to accelerate digital transformation and development, notes GlobalData, a data and analytics company. GlobalData’s…
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AI ethics comes into sharp focus for Singapore Government
To drive adoption and maximise the benefits of AI, it is absolutely critical that trust is built through responsible use. A new paradigm has emerged with COVID-19 accelerating digitalisation communities and the business landscape. According to S Iswaran, Minister for Communications and Information, Singapore businesses are compelled to adopt digital solutions…
Read MoreAI used to help India and Bangladesh with flood forecasts.
South Asian countries work with Google on predictions and alerts. Flooding is the most common natural disaster on the planet, affecting the lives of hundreds of millions of people around the globe and causing around US$10 billion in damages each year. In collaboration with Yale, Google has been visiting flood-affected areas…
Read MoreResorts World Genting integrates AI for peak customer experience
AI and Cloud feature heavily in new tech deployment. Genting Malaysia Berhad has gone with Alibaba Cloud to deploy its Virtual Queue (VQ) Solution at Resorts World Genting’s upcoming outdoor theme park, Genting SkyWorlds. The newly developed system will integrate Alibaba Cloud’s advanced technology with a reservation system for individual…
Read MoreColumbia Asia Hospitals has a new CIO
Keen use of technology at the hospital. Columbia Asia Hospitals has appointed Shuvankar Pramanick as its CIO. Pramanick was previously CIO of Sir Ganga Ram Hospital. According to Pramanick’s LinkedIn page he has been associated with different digital transformation in healthcare, artificial intelligence , process automation by using BOTs and…
Read MoreIndia banks on AI and tech to help digital economy reach US$1 trillion of GDP by 2025
Accelerated adoption of communication technologies and AI. AI and other emerging technologies will play a key role in achieving government’s vision of making digital economy reach US$1 trillion of GDP by 2025, said Dr Rajendra Kumar, additional secretary at the Ministry of Electronics and IT Government of India. According to…
Read MoreFujitsu and Tokyo Shinagawa Hospital to develop AI for COVID-19 support diagnosis
Proposed technology supports doctors performing diagnostic imaging on patients suspected of having COVID-19. Fujitsu and Tokyo Shinagawa Hospital today announced the launch of a joint R&D project for AI technology to support diagnostic imaging via chest CT (Computed Tomography), which represents a promising candidate for the effective diagnosis of COVID-19…
Read MoreChina and Japan lead in AI spending in the APAC region
Worldwide spending on AI is expected to double in four years, reaching US$110 billion in 2024, according to IDC. Global spending on artificial intelligence (AI) is forecast to double over the next four years, growing from US$50.1 billion in 2020 to more than US$110 billion in 2024. According to the…
Read MoreInsight into robots
Robots can use machine vision to interact in their surroundings. Helen Fang, robotics and automation analyst at HSBC gave an insight into robots and how they can see more clearly than ever. These types of robots can help reshape factories worldwide and benefit industries ranging from electronics to pharmaceuticals, wrote…
Read MoreImportance of building an AI strategy
AI can help enterprises be agile and adaptable, even ‘portable’ in the time of a global pandemic. Every business is now a technology business and for company leaders, that means they need to be more tech savvy than before to consider the impact of technology on their strategy. In global…
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