This article will take you through how these companies can automate several procedures like menu digitization or invoice processing that are traditionally done manually to save time and operational costs. We have all had moments when we suddenly crave a good dessert. Getting that big tub of ice-cream after a long day at work would've been an inconvenience a few years ago. But food delivery apps can get it to you at a lightning fast speed. With companies like DoorDash, DeliveryHero, GrubHub, FoodPanda, Swiggy, Zomato and Uber Eats competing for a greater market share in the food delivery market, adopting technology that aids companies to scale up their operations has become a necessity to stay relevant.
Automating the organization of your website's media assets (images and videos) saves time and money, boosting the usefulness and lengthening the life span of those assets. Cloudinary's artificial intelligence (AI) driven automatic tagging, transcription, and moderation capabilities ably and efficiently handle that automation for you--at scale. Picture this: you are the CEO of a large international company in the travel sector, on par with Expedia, Trivago, Priceline, Airbnb, and such. On your content-creation team are many contributors of dynamite media assets. Some of those assets are generated internally by your creative team; the others, externally by partners and site visitors who leave reviews on their vacation spots.
CAPE CANAVERAL, FLORIDA – SpaceX launched a 3-ton shipment to the International Space Station on Thursday, including "mighty mice" for a muscle study, a robot sensitive to astronauts' emotions and a miniature version of a brewery's malt house. The Dragon capsule also is delivering holiday goodies for the six station residents. NASA's Kenny Todd isn't giving any hints, but said, "Santa's sleigh, I think, is certified for the vacuum of space." The recycled capsule should arrive Sunday. The Falcon rocket blasted off from Cape Canaveral a day late because of high winds.
The Japanese cosmetics industry faces huge competition not only from established players such as L'Oreal and Estee Lauder but increasingly also from the "K-beauty" craze coming from South Korea. Nevertheless, Japan is more than holding its own, with exports nearly quadrupling since 2013 to ¥546 billion ($5 billion), according to Finance Ministry figures, nearly two-thirds of that going to China and Hong Kong. The domestic industry is also benefitting from an explosion of inbound tourism in recent years ahead of the 2020 Tokyo Olympics -- in particular a relaxing of visa requirements for Chinese tourists who lap up the latest Japanese cosmetic fads. Shiseido chief executive Masahiko Uotani said that a focus on the high end of the market and time-honored attention to detail set them apart from the foreign brands seeking to dominate globally. "We are focusing on prestige, premium brands. Consumers in those categories see the value of Japanese culture," said Uotani.
This is the second in a series of articles looking at the impact of artificial intelligence and emerging technologies in restaurants. Artificial intelligence is becoming a crucial asset in the restaurant technology playbook. But as many brands invest in consumer-facing products like automated drive-thrus and in-store kiosks, experts argue that back-of-house improvement will have the biggest impact on bottom lines. As the industry nears an AI tipping point, it's more important than ever for smaller companies to seriously consider how to implement the tech in their systems -- or risk facing serious consequences in three to five years, Aaron Allen & Associates CEO Aaron Allen told Restaurant Dive. "We see massive closures and bankruptcies and retooling of restaurants in much the same way we're seeing in retail," Allen said.
Artificial intelligence has become the talk of the town nowadays. It is changing the way businesses operate for the better and many of them have started to incorporate the technology in their businesses. According to a MCKinsey report, Google and Baidu spent over $ 20 billion and $ 30 billion on AI in 2016 from the acquisition of AI machines, investment in the technology, and its deployment. The latter statistics show that businesses and industries are ready for the adoption of this technology ranging from multinationals to small-scale chocolate businesses. Before we venture on how this technology is changing the confectionary business, let us understand what it means.
Anyone who frequents fast-food restaurants will sooner or later run across a kiosk designed to replace a cashier. And on factory floors across the nation, robots are increasingly doing tasks once handled by humans. Artificial intelligence, which uses computers to handle mental tasks, could prove just as disruptive for white-collar workers in the years ahead, according to a new study from the Metropolitan Policy Program at Brookings. High-tech hubs like Boulder, and to a lesser degree metro Denver, are vulnerable economically to the changes coming from the widespread adoption of AI expected in the years ahead. "Well-paid, well-educated professionals are not immune from the disruptions of emerging technologies," said Mark Muro, a senior fellow at the Metropolitan Policy Program at Brookings.
Diageo has created a new digital tool that uses artificial intelligence (AI) and machine learning to help consumers find their perfect single malt Scotch whisky based on their preferences for certain flavours. Available via any mobile or internet-connected device, the What's Your Whisky? digital experience asks users 11 questions, such as'how often do you eat bananas' and'how do you feel about chillies?'. Using new AI and machine learning technologies, the programme analyses the user's preferences for a variety of sweet, fruity, spicy and smoky flavours found in single malt whiskies to create their personal'flavour print'. It then recommends a single malt whose flavour profile most closely matches the individual's taste. "The'What's Your Whisky' mobile experience allows consumers to explore a wide range of our single malts in a personalised and completely new way," said Andy Parton, senior regional manager at Diageo.
Drinks supplier Diageo has launched a new AI Whisky Selector to help customers discover their favourite Single Malt Scotch whisky. 'What's Your Whisky' uses Artificial Intelligence and Machine Learning to analyse a user's personal flavour preferences and matches them with a Single Malt whisky that the AI thinks they will love. The new digital experience can be accessed via mobile or internet-connected devices and asks consumers eleven questions to understand their individual flavour preferences, such as "how often do you eat bananas?" and "how do you feel about chillies?". 'What's Your Whisky' then analyses the user's preferences for a variety of sweet, fruity, spicy and smoky flavours found in Single Malt whiskies to create their personal "Flavour Print" and recommends a Single Malt whose flavour profile most closely matches the user's. Commenting on the launch, Dr Adeline Koay, principal scientist, research and development for Diageo said: "We are using our extensive consumer knowledge, whisky expertise gathered over hundreds of years and AI technology to help consumers discover, explore and enjoy Scotch in new and exciting ways."
AI for consumer goods starts in the supply chain. Since 2016, the use of AI in retail grew by 600%; and by 2021, customer service interactions handled by AI will grow by 400%. Are you ready for the impact of AI on your business? By 2023 we estimate that 95% of supply vendors in the consumer goods space will be leveraging AI learning – will you be one of them? The infographic below from our friends over at Noodle.ai outlines the emergence of AI in retail.