If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Zego is a company that produces smart home management software and S2 Capital is specialized in purchasing and renovating under leased and poorly managed properties. Markets Insider reports Zego and S2 Capital are linking smart home devices in around 30,000 apartments over the next three years in cooperation with Amazon. Our partnership with S2 is a significant move and validation in the market and their subsequent collaboration with Amazon helps us make units more attractive to prospective residents while improving operational efficiencies for property owners. We are committed to bringing this technology to the masses, and with this news, it's clear smart home technology is no longer reserved for luxury homes and apartments. Zego's smart home management platform consists of a single mobile app that connects residents, property staff, in addition to a marketplace of products and local services.
Digital transformation is more than just a buzzword, and it's got some real-life enterprise support. A report by Tech Pro Research found that 70 percent of companies either have a digital transformation strategy in place or are working on one. Further, IT digital transformation budgets increased from 2016 to 2017 for 53 percent of survey respondents. Digital transformation projects that succeed are usually an enterprise-wide effort "best served by a leader with broad organizational purview," according to the latest "State of Digital Transformation" report by Altimeter, a Prophet company. CIOs mostly own or sponsor digital transformation initiatives (28 percent), with CEOs increasingly playing a leadership role (23 percent).
Technology innovation is moving so fast you can be forgiven for thinking it's moving too fast. What was predicted one year ago to be the next big thing may have already been replaced with the latest and greatest concept. For entrepreneurs this presents a challenge as not all new technology ends up catching on, so it's important to be careful with R&D dollars and investments. Remember technology is a tool to enable business to run more efficiently and more economically. Three big trends for 2019 evolve around 5G, the Internet of Things (IoTs), and Artificial Intelligence (AI).
Last year, we had the benefit of leaning on the recent findings of our inaugural Cycle of Progress digital transformation benchmark study to inform my predictions. This global survey examines global business leaders' hopes and fears about emerging technologies, and reveals which technologies they are actively implementing to drive the digital transformation of their business--versus which ones are yet to live up to the hype. Based on our findings, I see several technologies continuing to lead the way in 2019, namely Internet of Things (IoT), Artificial Intelligence (AI) and blockchain. More than half (53%) of Cycle of Progress respondents say that they have adopted IoT in some shape or form so far. Already well established in many businesses, IoT applications and services are leading the pack in having the greatest positive impact.
If you make a purchase by clicking one of our links, we may earn a small share of the revenue. However, our picks and opinions are independent from USA TODAY's newsroom and any business incentives. The past few years, smart home technology has grown drastically in popularity, which means more smart devices are being sold at incredibly affordable prices. These gadgets can help with small everyday problems, acting as a personal assistant, helping you stream your favorite media, and assisting with cooking perfectly. You don't even have to spend too much.
Few folks are aware of how much electricity their household consumes on a daily basis, according to the U.S. Energy Information Administration's Residential Energy Consumption Survey. Among smart meter owners in 2016, only 8 percent reported knowing that they had access to hourly or daily data, and just 4 percent said they'd viewed that data. That's all the more discouraging when you consider that always-on devices like DVRs and game consoles account for 23 percent of home energy usage -- a total of $40 billion annually nationwide. Boston-area startup Sense, which uses machine learning to provide real-time insights on electrical usage, is on a mission to effect change. It today revealed that energy management solutions firm Landis Gyr has joined Schneider Electric, Energy Impact Partners, Shell Ventures, Prelude Ventures, Capricorn Investment Group, and iRobot in bringing its series B round funding to $20 million.
SHANGHAI (Xinhua) – US tech giant Microsoft yesterday signed a memorandum of strategic cooperation to locate its new artificial intelligence (AI) and Internet of Things (IoT) Insider Lab, the first of its kind in Asian-Pacific Region, in Shanghai. The memorandum was signed between the company and Shanghai's Pudong New Area. The lab is expected to open in April. It will be Microsoft's third and largest AI & IoT Insider Lab in the world, after the company set up the first two in Seattle and Munich. The lab is set to enhance deep integration of AI and IoT, and help digital transformation across industries including manufacturing, retail, healthcare, and the public sector.
Judging by what we witnessed--and awarded--at CES this year, there's some incredible tech coming in 2019. From flying taxis to room-sized TV screens to robotic puppies, there's a lot to be excited about. But how many of these products will you really find in your home in 2019? Though everyone wants that robotic dog, these are the smart home products I can actually imagine using in real life (mostly). Not only will these assimilate well in an existing smart home--they'll do nicely even if you keep your abode a low-tech space.
Now, when a year has just begun, it is a good time to ponder over the changes it brought and in quite a pagan tradition to foretell what the next year will be like. Last year we wrote so much about the Internet of Things, that for us it feels natural to begin the year with our anticipations of the IoT developments in 2019. Since the IoT is becoming not only a technical but also a social phenomenon, changing our perception of devices around us and the environment we live in, the top trends we selected also represent both the machine and the human worlds. AI and Data Science always top technology ratings in every sphere as they have proven their place as the symbols of the new era. The research firm Gartner forecasts that in 2019 we will see 14.2 billion connected things in use that would result in an immense volume of data.
The Robot Activity Support System, or RAS, uses sensors embedded in a WSU smart home to determine where its residents are, what they are doing and when they need assistance with daily activities. It navigates through rooms and around obstacles to find people on its own, provides video instructions on how to do simple tasks and can even lead its owner to objects like their medication or a snack in the kitchen. "RAS combines the convenience of a mobile robot with the activity detection technology of a WSU smart home to provide assistance in the moment, as the need for help is detected," said Bryan Minor, a postdoctoral researcher in the WSU School of Electrical Engineering and Computer Science. Minor works in the lab of Diane Cook, professor of electrical engineering and computer science and director of the WSU Center for Advanced Studies in Adaptive Systems. For the last decade, Cook and Maureen Schmitter-Edgecombe, a WSU professor of psychology, have led CASAS researchers in the development of smart home technologies that could enable elderly adults with memory problems and other impairments to live independently.