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Artificial Intelligence and Machine Learning in Big Data and IoT: The Market for Data Capture, Analytics, and Decision Making 2016 - 2021

@machinelearnbot

Information contained on this page is provided by an independent third-party content provider. If you are affiliated with this page and would like it removed please contact pressreleases@franklyinc.com Overview: More than 50% of enterprise IT organizations are experimenting with Artificial Intelligence (AI) in various forms such as Machine Learning, Deep Learning, Computer Vision, Image Recognition, Voice Recognition, Artificial Neural Networks, and more. AI is not a single technology but a convergence of various technologies, statistical models, algorithms, and approaches. Machine Learning is a sub-field of computer science that evolved from the study of pattern recognition and computational learning theory in AI. Every large corporation collects and maintains a huge amount of human-oriented data associated with its customers including their preferences, purchases, habits, and other personal information.


Volvo and Autoliv announce new autonomous driving software company

ZDNet

Volvo is sticking by its over-the-top claim that by 2020 nobody will be killed or injured in a new Volvo. This vision was first announced back in 2012, and now, halfway to the self-imposed deadline, Håkan Samuelsson, president and chief executive officer of Volvo Cars, has reaffirmed it during a press conference on Tuesday. Volvo, together with automotive safety systems provider Autoliv Inc. announced plans to launch a new jointly-owned company to develop autonomous driving software. Samuelsson said, "This is very crucial for Volvo to meet our vision for the future." He continued, reiterating that "by 2020 nobody should be killed or seriously injured by Volvo."


Revuze Introduces Artificial Intelligence to Transform Brand Intelligence, Raises 4 Million Seed Round, Opens U.S. Operations

#artificialintelligence

With a simple one-time Q&A session – and without the need to pre-define a single keyword, rule, topic or sentiment value – a junior employee in days can arrange to have Revuze deliver the most nuanced information available. The data is delivered, via a single screen, about consumers and their needs, across thousands of internal and external data sources, on any given product family. Revuze has created and is widely introducing its technology available for Product Experience Management, enabling brands to quickly understand product and customer satisfaction issues, and to automatically score and rank the brand's performance, both relative to its competitors and to the market as a whole. "Global brands have told us that this is a game changer for managing their brand health," said Revuze Co-Founder and CEO Ido Ramati. "They are now able to make the kind of key business decisions and utilize data from such varied sources in ways that before were not possible. Through our introduction of AI into this field, brands can now gain an immediate, granular understanding of what customers are saying about their brand, product or competitors, without having to hire teams of experts."


IBM Watson Drives Wave of Innovation in Consumer Electronics

#artificialintelligence

Berlin - 03 Sep 2016: at IFA Berlin – one of the world's leading trade shows for consumer electronics – IBM (NYSE: IBM) was joined by some of the biggest names in the industry to highlight how Watson IoT technologies are poised to drive a new wave of innovation in the home and play a key role in one of the biggest technological transformations in the history of the world. According to Harriet Green, Global Head of IBM Watson IoT: "millions of sensors are giving appliances and devices eyes and ears, increasing their inbuilt intelligence and enabling them to interact with us better." "The challenge is that over next few years, the Internet of Things will become the biggest source of data on the planet. That's where IBM's Watson cognitive computing system comes in. Watson uses machine learning and other techniques to understand this data and turn it into insight, which can help automate tasks, enable manufacturers to design better products, innovate new services and enhance our overall quality of life – especially in the home. And with cognitive technologies, interactions with'things' through natural language and voice commands will dramatically improve," added Green during her keynote at IFA. Examples of companies tapping IBM's Watson IoT platform include: Whirlpool is using Watson technologies to help deliver superior customer service and enhance people's lives at home by enabling its home appliances to connect with and interact with one another and their users.


Record Number of Robots Ordered in First Half of 2016

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ANN ARBOR, Mich.--(BUSINESS WIRE)--The North American automation industry has set new records to begin 2016, according to the Association for Advancing Automation (A3), the industry's trade group. The advent of more automation in North American manufacturing promises increased efficiencies in production and the ability to compete globally. A3, whose mission is to advocate and promote automation technologies and ideas that transform the way business is done, tracks the robotics, machine vision and motion control markets for its three daughter associations, Robotic Industries Association (RIA), AIA - Advancing Vision Imaging, and Motion Control & Motor Association (MCMA). A3 is at its highest membership level ever, welcoming 119 new member companies year to date. A3, with its daughter organizations, now represents 965 member companies directly involved with robotics, vision, motion control and motors.


Artificial Intelligence Company Analyzes 100 Millionth Clinton and Trump Election Tweet - NewsDog

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In less than a month since launching their powerful new website (http://www.2016tweets.live) In addition to this epochal milestone, the company recently began tracking and reporting on the number of bots that follow, like, and retweet the two major accounts. As bots can confuse and often mislead voters into thinking one party has more support than the other, this analysis allows the public to see the competing candidates on a more even playing field. So far Aicial has analyzed over 109,000 unique Twitter accounts that are engaging with Clinton and Trump. Aicial Co-Founder and CEO, Troy Kelly said the company is committed to further development of the social engine and is quite interested in discussing potential partnerships with news and media outlets.


LG investing in AI for smart appliances, autonomous driving

ZDNet

LG Electronics will invest in robots and develop products that combine hardware, contents, and artificial intelligence to work with smart home appliances, a senior executive of the company has said. "We are planning to unveil new robot products by combining [the best] hardware, artificial intelligence, and contents technology that the customer will need," said Jo Seong-jin, LG's home appliance president, in a press conference at the sidelines of the IFA tradeshow in Berlin. "We are also reviewing new businesses that use autonomous driving technology and robot platforms," he said. The firm will utilize the cross-over platform, the Internet of Things, and new robotics technology to evolve the smart home further going forward, the president said. Besides consumer robots, South Korea's second-largest electronics firm already announced it was entering into the enterprise robotics market.


The Battle For The Future Of Transportation Seems Imminent

Huffington Post - Tech news and opinion

Earlier this week, Google announced that its popular Waze app, which offers crowd-sourced navigation and has 65 million active users, plans to explore a carpooling feature in the Bay Area sometime this fall. Drummond's departure ends a three-year stint with the company that began in 2013, when Google invested 360 million in Uber. Both companies released statements attesting to their continued collaborative spirit. "I wish David and Alphabet the best, and look forward to continued cooperation and partnership," Uber CEO Travis Kalanick said. Drummond said that Google Ventures "remains an enthusiastic investor and Google will continue to partner with Uber."


Utilities' drone plans cleared for takeoff

USATODAY - Tech Top Stories

Electric utilities across the U.S. are wasting no time to take advantage of FAA rules authorizing use of drones for commercial purposes. Electric utilities across the U.S. are wasting no time taking advantage of new FAA rules authorizing use of drones for commercial purposes. "We've certainly heard from our members that they're excited about this technology," said Chris Hickling, the director of government relations for the Edison Electric Institute (EEI), the trade group for investor-owned utilities in the U.S. "They see it as part of building a smarter infrastructure. We see it as an area that's going to continue to grow." More than 20 utilities have already tested unmanned aerial vehicles for inspecting transmission and distribution lines for damage from storm and normal wear and tear, using temporary rules from the Federal Aviation Administration, and are now ready to demonstrate them even more.


Hoyn

#artificialintelligence

Salesforce has spent over 4 billion on acquisitions in the past year alone, and it's making some investors grow concerned about the company's spending strategy. According to a note by Macquarie Research on Tuesday, Salesforce may have some explaining to do during its earnings call on Wednesday to ease the investors worried about the company's record-high buying spree over the past year. That includes the 2.8 billion Demandware acquisition, which was the largest deal Salesforce has made to date, and the 750 million deal for the 40-person startup Quip. Still, Piper Jaffray noted that most of the acquisitions make sense because they've been in the artificial intelligence and machine learning space, in which Salesforce is launching its new product Einstein.