Artificial Intelligence

Acronis celebrates business growth with success of new hybrid cloud products

Acronis, a global leader in hybrid cloud data protection, celebrated three years of opening its International Headquarters in Singapore. Acronis was founded in 2003 in Singapore, with a vision of developing innovative data protection solutions for service providers, businesses and consumers. From then, the company has witnessed continuous growth, and it is now the largest software and internet services company in Singapore, servicing global market. The company had moved its headquarters to Singapore in 2014, with its Corporate Headquarters in Schaffhausen, Switzerland. “Singapore is an important international technology hub with unparalleled levels of neutrality, which is critical to a global company like Acronis working in the area of data protection. High standards, inclusive cultu...

Google’s new project to focus on human side of AI

Google recently announced a new research initiative to study the relationship between human and artificial intelligence – People + AI Research Initiative (PAIR). PAIR aims to ensure that AI technology is beneficial for everyone and that, it is not here to replace but to augment human intelligence. The research is being led by the two data visualization experts from Google’s Brain team – Fernanda Viegas and Martin Wattenberg. The PAIR research has been divided into three broad categories depending upon the need of the user – Engineers and Researchers, which will help engineers get access to the tools and resources which they need to build any machine learning program; Domain Experts, which will evaluate the role of AI for professionals like doctors, technicians, musicians etc. who will incr...

Microsoft Inspire 2017 – focus is on simplicity and consolidation of services this year

The day 1 keynote at Microsoft Inspire 2017 led by the company’s CEO – Satya Nadella, saw some major announcements revolving around new products and services driven by digital transformation. The two-hour keynote session talked about multiple opportunities that a digital world built around Intelligent Cloud and Intelligent Edge offers. Microsoft emphasized the importance of digital technologies and how effective implementation of these can help partners multiply their profits. Also Read: DHN team at Microsoft Inspire – here’s what partners can expect this year Announcements that will empower businesses and end customers – the people who are the heart of Microsoft’s digital transformation: Microsoft 365 – combining the efficiencies of Office 365, Windows 10 and Enterprise Mobili...

PwC report evaluates AI potential, how a business can capitalize AI & its impact on world economy by 2030

Artificial Intelligence based technologies will contribute nearly $15.7 trillion to the global economy in 2030, per a report published by Price Waterhouse Coopers (PwC). Of the contribution, $6.6 trillion is likely to come from increased business productivity by organizations who will use AI to automate and augment their workforces, while remaining $9.1 is expected to come from increased consumption from those customers who will look for better and higher-quality goods. The report analyzed AI’s role in the global economy between the present time and 2030 and included various regional economies and eight commercial sectors. PwC analysts further reported that the increased adoption rate of AI will result in higher GDP jumps also and will supposedly go up to 14%. Amongst the regions likely to...

Box and Microsoft partnership paves way for future innovation with Azure intelligent cloud services

With Box Inc. and Microsoft Corp. announcing a partnership, future integration possibilities between Azure’s machine learning and artificial intelligence abilities with cloud content management platform of Box is expected in the near future. The expanded partnership will help both the companies to promote each other’s cloud services. This is not the first time that the two companies have come together as Box has been offering compatibility for Microsoft products like Office 365 and others for long. Microsoft and Box are strategic partners but they also compete in terms of their cloud storage services – OneDrive and Box. “Azure is a trusted partner in the enterprise, and we’re thrilled to be integrating our technologies and going to market with Microsoft,” said Aaron Levie, co-founder, and ...

AI based technologies offer new possibilities across business operations

In many respects, 2017 so far, has been the year of Artificial Intelligence(AI), Machine Learning (ML), big data and computing power. With algorithms, that can hear and see beyond human accuracy, the role of AI has increased. The combination of machine learning, AI and people has now made it possible to achieve more in less time. AI based systems can learn, adapt, engage and enhance things just like humans do. AI is a crucial component that can support current and future IT systems, processes and platforms. It stands as the major enabler of digital transformation across organizations as it can help companies build more agile, streamlined and scalable operations. With a positive impact across all levels of operations, AI will also play an important role to take network optimization to new h...

IoT and AI boom generates new opportunities for skilled workforce

The recent developments in the fields of IoT and AI have given organizations new ways of doing business, making them digitally transformed in the process. But, to efficiently make use of these technologies, they also need skilled human resources. As per the data released by Talent Supply Index (TSI) by Belong – a predictive outbound recruitment solution provider, the increasing demand for IoT (Internet of Things), Machine Learning, Artificial Intelligence and Cloud has increased the demand for talent skilled in these platforms and at present, the demand is outstripping the supply. The TSI index is based on the data findings by Belong platform and other publicly available data from various hiring sources. The findings help businesses plan their hiring strategies, costs, efforts, and cycles ...

Microsoft share prices to touch new highs with digital transformation wave, predicts Morgan Stanley

Morgan Stanley Analyst – Keith Weiss, in his recently published note, projected high price target for Microsoft Corp. stock which reportedly increased from $80 from $72. Microsoft stock price has been performing well right from the beginning of the year 2017, recording shares go up to 13.5 percent high so far this year. Also Read: Microsoft records High profits due to web-based business software “Microsoft is back to showing durable double-digit EPS growth — and investors should be willing to pay a higher multiple for that growth,” said Keith in a note. Microsoft’s business will rise due to the changing technology trends in computing, and AI (Artificial Intelligence). Due to the high demand of Microsoft’s Cloud computing platforms, analyst predicts that the company will perform ahead of th...

AI and cognitive computing – spearheading enterprise digital transformation

Artificial Intelligence, robotics and machine learning concepts are changing the parameters of data extraction and analysis. With the onset of digital transformation, there’s a great need to process huge volumes of data into useful insights. But with traditional data analytic methods, businesses are not be able to process the entire data, especially that which is in the form of images, videos, and human voice, collectively known as ‘dark data’. To process such kind of data, organizations need cognitive computing. Originally, the concept of cognitive computing comes from cognitive science which include study of human brain and how it works. Cognitive computing aims to stimulate the human thought processing in a computerized way. It achieves that with the help of various se...

Apple adopts the AI move, introduces new machine learning API framework

Apple, in its recently concluded annual Worldwide Developers Conference 2017 (WWDC), announced major product development and technology adoptions by the company. They covered company’s key product areas like iPhones, MacBooks, and IOS to implementation of technologies like Machine learning to improve user experience. Apple, like many other big IT players, is headed towards bringing AI and machine learning capabilities to user’s systems and mobile devices. With this, soon iPhone, iPad and Apple watch users will see faster tasks execution and improved device usability with the implementation of AI technology. For attaining this, the company unveiled its new machine learning framework API – Core ML, for developers. The core function of this would be to speed up AI execution task, which can va...

Mary Meeker’s Internet Trend Report 2017 highlights major e-commerce, cloud and mobile trends

Ace internet analyst and partner at Kleiner Perkins Caufield & Byers – Mary Meeker, came up with her Internet Trend Report 2017 at the Code Conference, California. The report highlighted the major trends revolving around mobile usage growth, e-commerce, online advertising, gaming, healthcare and steadily growing Indian and Chinese markets. Some of the major highlights of the 355-slide presentation include: Cloud – harbinger of change across enterprises The report identified cloud as the major force driving change across enterprises. The increasing adoption rate is creating new opportunity pools for service providers. However, the report also identifies some cloud adoption concerns like data security issues, vendor-lock in and compliance. In Public cloud adoption race, AWS was identifie...

Better connectivity for subscribers as Huawei in discussion with Indian telcos on NB-IoT technology

Huawei – leading provider of information and communication technologies (ICT), is getting in touch with various Indian Telcos to discuss the implementation of NB-IoT technology for better connectivity. IoT is a major force in digital transformation era opening new windows of opportunities for both consumers and service providers. Here, ICT according to them, will emerge out as a major production factor rather than just being a support system for most of the organizations. Connectivity through mobile device will need access to faster LTE technologies. The deployment of NB-IoT technology will also help the carriers generate new revenue streams. Radhey Shyam Sarda, Senior Solutions Director, Huawei Telecommunication told a news portal that over 30 networks are getting globally commercialized ...

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