Goto

Collaborating Authors

innovator


Middleby Acquires Proxaut, Innovator of Industry-Leading Automation Solutions

#artificialintelligence

The Middleby Corporation announced the acquisition of Proxaut, a leading manufacturer of Auto Guided Vehicles (AGVs) for the food industry and industrial processing companies. The company is based in Italy near Bologna with approximately $15 million USD in annual sales. "We are leading the trend for Industry 4.0 in food processing. Our recent strategic investments in automation are coming to fruition, as we see order demands for this technology" Proxaut AGV technology is used by industry leading manufacturers in a variety of capacities, primarily to move materials and products safely and operate alongside people. Proxaut automation decreases repetitive movements from traditional labor and ergonomically improves workflows.


Over 60% of companies are just scratching the surface of AI

#artificialintelligence

In Spain, the Madrid Metro uses AI to monitor its network and reduce energy consumption by 25%. In the U.S., a beverage company uses AI to drive sales by analyzing retailers and markets. In Europe, an energy company trains its engineers and managers in a digital twin factory powered by AI. In the Middle East, a telco's AI-powered virtual assistant speaks to 1.65 million customers every month in different Arab dialects and English. Undoubtedly, AI is in full adoption around the world, with all industries recognizing it as the next big thing in tech.


Second wave of process automation will transform business as we know it

#artificialintelligence

Henry Alty argues that while robotic process automation players like Blue Prism and UiPath started companies on the automation journey, businesses need to think more strategically to capture value from broader digital transformation. The rise of robotic process automation (RPA) saw companies automate individual tasks previously undertaken by humans, utilising software provided by companies including Blue Prism and UiPath. At one point valued at more than £1bn and $35bn respectively, these venture capital darlings flew high on the promise of turning an entire workforce into'citizen developers', who could effortlessly develop applications to solve individual problems. This software was sold to Chief Financial Officers as a tool to drive enormous productivity gains and cost savings by automating repetitive'swivel chair' work. But that promise has been largely disproven.


AI students optimistic about healthcare innovation at Intel Vision

ZDNet

Nate writes about the intersection of education and technology. He's also worked as a newspaper staff writer covering K-12 and higher education, business, local government, and public safety. As the pandemic nears its third year, healthcare remains top of mind for many people. Intel on Tuesday gave three students a high-profile platform at Intel Vision 2022. These young innovators all chose to share how they'd use technology to address healthcare challenges.


How AI revolutionizes innovation management – Perceptions and implementation preferences of AI-based innovators

#artificialintelligence

AI has the potential to transform innovation management practice by enabling a more effective and efficient innovation process. There are numerous opportunities to extend, complement, or even substitute human capabilities throughout the idea-to-launch innovation process. While organizations agree on the great potential of AI-based innovation management, clear differences can be observed in the configuration preferences of how organizations implement AI-based innovation management. Organizations seem to choose their own context-specific ways of how to explore and implement AI-based innovation management. The application of AI is expected to enable new opportunities for innovation management and reshape innovation practice in organizations.


Smart Opinionが「Leading Innovators in AI Medical Diagnostics 2021 - Asia」を受賞

#artificialintelligence

株式会社Smart Opinionのプレスリリース(2022年4月6日 01時31分)Smart Opinionが[Leading Innovators in AI Medical Diagnostics 2021 - Asia]を受賞


Artificial intelligence innovation among private banking industry companies has dropped off in the last year

#artificialintelligence

Research and innovation in artificial intelligence, AI, in the private banking sector has declined in the last year. The most recent figures show that the number of AI related patent applications in the industry stood at 40 in the three months ending January – down from 651 over the same period in 2020. Figures for patent grants related to AI followed a similar pattern to filings – shrinking from 97 in the three months ending January 2020 to 17 in the same period in 2021. The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.


Machine learning innovation among tech industry companies has dropped off in the last year

#artificialintelligence

Research and innovation in machine learning in the technology and communications sector has declined in the last year, according to data from research and analytics firm GlobalData. The most recent figures show that the number of related patent applications in the industry stood at 1,245 in the three months ending December – down from 3,582 over the same period in 2020. Figures for patent grants related to followed a similar pattern to filings – shrinking from 1,255 in the three months ending December 2020 to 511 in the same period in 2021. The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.


AI project ideas for your next hackathon!

#artificialintelligence

Long are the days artificial intelligence was something out of a sci-fi movie. AI has become a fast-growing industry, with an estimated rise of 30 to 40% by 2028, thanks to the exceptional rapid expansion of computer science. From the automotive industry to health care or mainstream technology, artificial intelligence has proven to be one of the most significant revolutionary elements of the upcoming digital era. There are endless possibilities and applications for you to develop an AI project, but we compiled five AI project ideas that have actually won hackathon competitions. The CycleAI project was developed for Microsoft's "Building the Future" hackathon, which challenged participants to come up with innovative solutions on Electric Mobility.


Top 5 AI announcements at CES 2022

#artificialintelligence

CES is the world's most prominent technology event, serving as a testing ground for new technologies and worldwide innovators. This is where the world's most well-known brands conduct business and meet new partners, as well as the brightest innovators, take the stage. The Consumer Technology Association (CTA) owns and produces CES, which showcases every facet of the technology industry. Manufacturers, developers, and suppliers of consumer technology products, content, technology delivery systems, and more are featured at CES. Exhibitors present items in all areas of consumer technology, including 5G connectivity, artificial intelligence, augmented and virtual reality, smart cities, sports, robotics, and more. This article explores the top AI announcements made at CES 2022 till now.