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Showing posts from March, 2019

Artificial intelligence Is Doubling Competitiveness for Manufacturers

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Microsoft Asia and IDC Asia/Pacific today released findings specific to the manufacturing sector for the study, Future Ready Business: Assessing Asia Pacific’s Growth with Artificial Intelligence   The manufacturing sector, which contributes to a significant proportion of Asia Pacific’s GDP, continues to face rising competitive pressure due to growing costs and lower margins. Manufacturers are increasingly turning to emerging technologies to stay ahead of the competition. Those organizations that have started to adopt Artificial Intelligence (AI) believe it will nearly double their competitiveness (1.8 times) in the next three years. “Manufacturers in Asia Pacific are slowly, but surely, seeing the importance of adopting a digital strategy and latest technologies.   The Study found that 76% of manufacturing business leaders agree that AI is instrumental to their organization’s competitiveness in the next three years,”  said Scott Hunter, Regional Business Le...

Cloud Kitchens startup Box8 raises $15 mn in series C

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Box8, one of India’s largest cloud kitchen start-ups has raised $15 Mn led by eWTP Ecosystem Fund. Existing investors Mayfield and IIFL Seed Ventures fund have also participated in this round. Started by two IIT graduates Amit Raj and Anshul Gupta, Box8 is a technology first, full stack cloud kitchen company that is known for its All-in-1 meals, Desi Boxes & more. They own the entire value chain, from procurement of high-quality ingredients to food preparation to the last mile delivery, hence ensuring superior customer experience every time. Box8 has a presence in 4 cities: Mumbai, Bangalore, Pune and NCR delivering over 1 million meals every month from the company-owned 110+ cloud kitchens. Its network of cloud kitchens negates the high rental & operations costs incurred by traditional restaurants and has workflows better suited for delivery. Box8’s parent company, Poncho Hospitality Pvt. Ltd. also owns and operates the pizza delivery brand- MOJO Pizza. In less than 18 mon...

L&T announces new strategic initiative L&T-Nxt

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IT company Larsen and Toubro have now revealed a new strategic initiative that will soon be going to focus on some of the latest emerging technologies. The company said that the initiative, which is called as L&T Nxt, which is also aimed at the innovation while reaping the benefits of the digitization . It will focus on areas such as the Internet of things, Artificial Intelligence, Cybersecurity, Virtual Reality , Geospatial Solutions, and Augmented Reality . The development also comes in the picture in the backdrop of L&T hostile takeover bid for the homegrown IT services from the Mindtree Ltd. Under its five years’ strategic plan, L&T will be going to make some of the significant investments in human resources and monetary. “Disruption has become the new order, and as we embrace new and frontier technologies, our businesses are leapfrogging into entirely new realms powered by the tremendous benefits of digitization and analytics,” Subrahmanyan added. The $17 Billion...

Amazon IoT adoption in automobile, Automation and Others

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Amazon Web Services which is a Cloud Service Provider are now showing a good uptake in India, especially in the field of home automation, automobile, Industrial IoT and security categories, according to the report which has been revealed. “There has been a growing interest in IoT services over the last two years and companies have moved from academic use-cases to material use-cases,” Navdeep Manaktala, the head of business development at Amazon Internet Services Pvt. Ltd (AISPL), told in a report. AISPL is an Amazon subsidiary and the reseller of AWS in India. According to the report, the good uptake can even be attributed to the fact that companies now see lots of monetization opportunities and the return of investment which is driven use cases due to the process to the deployment of IOT networks. “The fastest adoption in terms of IoT services has been happening in the automobile, home automation, security, and industrial IoT spaces,” Manaktala said, giving the example of indus...

Top 5 WordPress Donation plugin’s

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One of the the most powerful features of using WordPress is the number of diverse options for plug-ins that you can expect using. But, selecting the best ones can easily be troublesome and time-consuming, and therefore you need article guides like these to aid you in selecting the best possible option. There are many popular and powerful plug-ins that can be used for donation purposes on WordPress and all those plug-ins can be used for independent content creators as well. In case if you want to monetize your content, the following are some of the best donation plug-ins that you can use for your WordPress website: Charitable This is a free WordPress plug-in that has support for geo-location, videos, user avatars, simple updates, anonymous donations and will also come with one year of premium support as well. The developers give you the option to get the plug-in for free, and in return, you can donate some money to the developers, as a kind of nice gesture. The premium membership...

Tips and tools to write SEO-friendly content

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If your business is online, it will definitely have a website. To make sure your website ranks top in the search engine results page as well as able to grab customers attention it must incorporate some vital elements. One extremely important element among all is high-quality and search engine optimize content. While you can always hire a reputed SEO Company in India but having some basic knowledge about tips and tools related to it can help you make the most of it. With SEO optimized or friendly content, your website shows up on the main search engine page. This drives more clicks, likes, shares, and increased customer engagement to your site and ultimately your business. If your website is written with the best content but the content is not SEO optimized then it will not be able to reap the desired results. In this situation, the best written articles are of no use. But at the same, writing SEO optimized content is not an easy task. There is lot of foresight and thought involved...

DocuSign invests $15m in Seal Software

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DocuSign which is a San Francisco has now secured $15 Million in the Seal Software, which is a contract delivery and analysis startup, to help with the development of the AI that can read and analyze the contracts. The two companies have a previously existing partnership in which the Seal technology is now distributed wholly with the DocSign platform extension program. “We are thrilled by DocuSign’s confidence in Seal Software as a partner and now as a strategic investor, as we build the next generation of agreement discovery and analysis tools using artificial intelligence,” said Co-founder and CEO Ulf Zetterberg. “Working together, we will continue to unlock the full potential of all the agreements that are pervasive across every size and type of business.” Seal Technology works closely with the DocuSign Total Search, which lets the users locate and organize the digital agreement with the metadata, and search with the help if a natural language terms. It also helps to power the ...

Blockchain will help coffee growers fetch better price

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State-run owned coffee Board of India has now collaborated with the Eka Software Solution Pvt Ltd, which helps in the development of the commodity management software solutions, to launch a blockchain for its marketplace to remove the middleman and bring the transparency to the business. According to the report, the Blockchain would provide both the buyers and growers with a unified platform for better fair trade practices and traceability. This is as of now the third blockchain solution for the coffee growers across the globe after Ethiopia and France. “This pilot project will help integrate the farmers with markets in a transparent manner and lead to the realization of fair prices for the coffee producers,” said commerce secretary Anup Wadhawan. He added that the blockchain would reduce the number of layers between the growers and buyers, leading to an increase in farmer’s income. The deployment will help the gamers to simply reach to a wide set of buyers, which will in turn als...

Guide on Integrating Shopify Products on Amazon

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Shopify and Amazon are two of the biggest players in the e-commerce industry. It’s no wonder that their partnership is something that many sellers were always looking forward to. However, is it a good idea to sell on Amazon when you already have a well-established Shopify store? Should you even consider the integration if you are a new seller on Shopify? This integration of Shopify with Amazon is something that all sellers should consider since there are numerous benefits of opting for it. The decision to sell your products on Amazon and Shopify is all yours but let us show you how this decision can benefit you. Amazon is the world’s largest online marketplace and with the added advantage of Shopify’s integration, you will be able to reach millions of potential Amazon customers. This means when you sell on Amazon you have the ability to increase your sales manifold as long as you follow the guidelines laid out by Amazon. Does that sound like an exaggeration? Well, it’s not. This is...

Reliance Is Acquiring Haptik For Over INR 200 Cr

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Reliance Industries Ltd is now all set to acquire the Artificial Intelligence based conversational platform Haptik as the company is now looking to make it snap in the technology startup. Reliance Jio Industries Ltd will now buy the San Francisco and Mumbai based Haptik Inc. Haptik is the Times Internet Company, according to the report. Times Internet is the digital business arm of the media company Bennett, Coleman and Co Ltd. The transaction is going to be proposed by the way of a slump sale but did not elaborate on the value of the deal. A slump sale refers to a transaction where an entity is sold for a lump sum amount without even considering the values of the liabilities or assets. Reliance Jio could embed the Haptik Virtual Assistant across the digital platform which includes the JioSaavn music streaming app, video and some other services that complement its mobile network. Haptik Haptik was founded in the year 2013 by the Aakrit Vaish and Swapan. It provides with an AI-...

Top 10 Advantages of Big Data in Financial Sectors

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Big data can be described as huge volumes of structured or unstructured data whose analysis can enable businesses to make strategic decisions. A proper understanding of big data through reporting can help businesses make significant progress and make better and more successful decisions in areas such as finance, human resources, customer service, and more. The effective use of big data can help businesses to overcome competition and move to the next level. The benefit of big data to businesses and decision makers is more dependent on the quality of data and analysis, and not on the volumes of raw data. The following are some uses or advantages of raw data in the financial sectors: New product development Financial institutions like banks and micro-lenders can gain deeper insights into customer needs and satisfaction through big data analytics. From this understanding, the institutions can develop products according to the wants of their customers, which will be more focused and...

Wipro and IIT-K Partner for Advanced Research in 5G and AI

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One of the largest IT Tech giant company, Wipro has now collaborated with the Indian Institute of Technology, Kharagpur to jointly carry out the applied research on Artificial Intelligence and 5G. The research outcomes from this strategic partnership would be used by the Wipro to develop the solutions for its customers, across the different verticals while on the other hand, IIT Kharagpur would also going to benefit from the commercialization of the joint research insights and the Wipro real-world industry experience, according to the report. IIT Kharagpur and Wipro will jointly take up the applied research projects on the challenges which are related to the design, planning, and operations of 5G networks and cognitive information processing for the automation of these industrial process and 5G use cases. “The two organizations will focus on AI research applicable in the healthcare, education and retail sectors as well as in domains such as climate change and cybersecurity . In a...

Facebook hosts AI for social good summit, announces key initiatives

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Facebook has now revealed a slew of initiatives to deliver the social and growth with the help of latest emerging technologies which includes the AI, the company revealed in a report. With the help of this initiative, the Silicon Valley-based giant has developed a tool which connects blood banks and hospitals with the blood donor groups. The company previously had also developed and has been providing the disaster maps to aid the agencies so that relief can reach people at a faster pace. Facebook yesterday hosted an ‘AI for the India Summit’ in Bangalore, which brought the AI thought leader, non-governmental organizations, developer community and startups together to plan its accelerator programme and scholarships for the people doing innovation in these areas. “We have always sought opportunities to deploy the best of our expertise as an ally for India’s economic growth and social development and this summit is our effort to understand how we can contribute to the development of ...

Indian Forensic Labs Set to Double DNA Testing Volume

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According to the recent estimates, the number of the DNA profiles have been developed from the crime scene evidence has doubled from a year from 10000 cases tested in 2017 to nearly 20000 this year. This increase in the DNA casework can be attributed to an upward trend in reporting of sexual violence cases which is owing to the public awareness and activism along with some of the steps to be taken by the government to upgrade the forensic and police infrastructure keeping the women in mind. While the evidence from the recent study shows that the confidence-building measures like the opening of all the women police stations has also increased the reporting crimes against the women by 22%, upgrading of forensic infrastructure at both the state and central levels has also enabled the more collection and testing of the DNA samples by the investigators. Reinforcing the trend Vivek Sahajpal, Assistant Director, Himachal Pradesh State FSL said, “There has been a substantial increase in req...

Infosys and ABN AMRO Announce Partnership in Customer Experience

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Infosys, which is the second largest IT consultancy firm of India is now set to acquire the 75% stake for Rs 986 crore in the Stater NV, the mortgage service provider of the Dutch Bank, the company revealed in a report. ABN AMRO will continue to hold the remaining stake of 25%. This will be the third largest deal for the Infosys after the acquisition of Lodestone in 2012 and Panaya in 2015. Infosys has also partnered with the Amsterdam based ABN AMRO to provide the digital banking services for the latter customers. The services which include the digitizing the mortgage business, bringing the operational efficiencies and improving the customer experience apart from some other digital transformation initiatives. According to the company report which has been revealed, Stater is a market pioneer in the Benelux region, operating across the consumer lending and mortgage value chain with the deep through capabilities in the servicing, collection, and digital origination. The existing m...

Can mobile spy apps really monitor WhatsApp messages or is it just a hoax?

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Before we delve into the details of whether a spying application can truly monitor WhatsApp messages remotely, an explanation is required on how WhatsApp encrypts messages. WhatsApp provides end-to-end encryption meaning that the information you share is only accessible to the receiver. Third parties, including folks at WhatsApp , governments or security agencies, can’t read WhatsApp messages or eavesdrop on WhatsApp calls. The encryption on WhatsApp is enabled all the time. There is no way that a user can disable it. WhatsApp assigns a security code to each chat on the application. A security code is unique and only accessible to the parties involved, that is, the QR code or the 60-digit number is only available to the particular chat. No other chats will have the same security code. Not only are your chats encrypted, but WhatsApp calls that you make are encrypted as well. To check if your WhatsApp chats are encrypted, you could go through this article here . But are WhatsApp me...

Six Artificial IntelIigence Applications that will boost Agriculture

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The estimated population of the world by 2050 will be 9 billion, according to a credible environmental study source. The food requirement is gradually going heights with the growing population. To meet with these requirements, the farming should upgrade and update with the newer technologies. With IoT already in the house of agriculture, to give easy agriculture another boost, Artificial Intelligence has made it much more flexible to the farmer’s earnings. This will also boost the growth of production of vegetables and will help the nation develop. Proximity Sensing and Remote Sensing are two technologies which are used primarily for intelligent data fusion. Various robots, bots, drones that are powered with AI can be deployed into a farm and can be powered with the advantages of IOT that will connect directly to the farmer’s handy devices: mobile phones and other screens. Applications in the Agriculture industry:   Soil and crop monitoring : The primary requirements of rem...

Things You Should Consider While Buying a High-speed Camera

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You have always shared a fondness for good high-speed cameras and now, when you can really afford buying one, you have started exploring the Internet and found a number of ventures that profess to be among the world’s top-end providers of high-speed cameras. Now, the question remains, which one to opt for? How would you know, you are investing your money for the right model? This post is going to discuss few important factors you should consider while purchasing a high-speed camera. Light sensitivity Well, when it comes to buying a good high-speed camera, light sensitivity is one of the most important considerations.  When it sways your ability to use a short coverage time so that you can efficiently remove motion blur while capturing a very high-speed event, it impacts the quality of your video too.  The fact that sufficient light sensitivity is critical for your images to be perfect and precise increases its importance yet more.  Also, when you are using telescope or...

Google set up an external ethics council for AI

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Google has now formed an external advisory council for the responsible development of the AI. The council will now advise the company on the issues related to the ethics to AI as well with some other emerging technologies . The eight-member which is called by the name as Advanced Technology External Advisory Council will now work with the Google executives and furnish a report by the end of this year. The group will be going to start by the end of next month, and its members include the digital ethicists, technology experts, and people with the public policy backgrounds, Google revealed in a report. “This group will consider some of Google’s most complex challenges that arise under our Artificial Intelligence principles for product development, like facial recognition and fairness in machine learning, providing diverse perspectives to inform our work,” Walker added. The announcement comes into the report after Google revealed its IA principles for the product development last year...