logistics sector
First Driverless Truck Trials Launched In Dubai
In line with Dubai's drive to become the world's smart mobility hub, Dubai South today signed a MoU with Evocargo for the launch of the UAE's first autonomous vehicle trials for cargo at the master development's Logistics District. The trials will see EVO.1, Evocargo's unmanned electric logistics vehicle, navigate Dubai South's Logistics District from December until February 2023. A key objective of the trials is to enable Evocargo to modify and redesign EVO.1 specifically for the MENA region. During the trial period, a remote operator will be stationed onsite in the Control Centre to manage the platform. The centre, located in Dubai South's Logistics District, includes a software suite to monitor the EVO.1's operation, check the serviceability of the sensors, and identify any errors.
Emirates News Agency - Dubai South, Evocargo launch UAE's first driverless truck trials
DUBAI, 14th December, 2022 (WAM) -- In line with Dubai's drive to become the world's smart mobility hub, Dubai South today signed a memorandum of understanding (MoU) with Evocargo for the launch of the UAE's first autonomous vehicle trials for cargo at the master development's Logistics District. The trials will see EVO.1, Evocargo's unmanned electric logistics vehicle, navigate Dubai South's Logistics District from December until February 2023. A key objective of the trials is to enable Evocargo to modify and redesign EVO.1 specifically for the MENA region. During the trial period, a remote operator will be stationed onsite in the Control Centre to manage the platform. The centre, located in Dubai South's Logistics District, includes a software suite to monitor the EVO.1's operation, check the serviceability of the sensors, and identify any errors.
Ocado enters non-food retail and logistics sectors with new robot acquisitions
As the coronavirus pandemic accelerates the automation of the retail industry, Ocado Group PLC (LON:OCDO) has stepped up its investment in robotics and machine learning. The FTSE 100 group is now buying a company that specialises in an issue that Amazon's Jeff Bezos has several times stated as perhaps the most difficult and last remaining element in the race to automate the retail industry. Ocado has agreed to buy Kindred Systems Inc, a US company specialising in'piece picking' robots, for roughly US$262mln. Using automated intelligence (AI) and deep learning, robots from Kindred and its rivals are increasingly being used by retail and logistics companies to achieve Bezos's tricky task of picking up and moving items without breaking them. Kindred robots use automated intelligence (AI) to power their vision and motion control, while the piece-picking arms are developed using'deep reinforcement learning', a form of AI that improves the learning process for robots handling a wide variety of large, small, hard and soft items such as in grocery.
How Artificial Intelligence is transforming logistics sector
The Logistics sector has always been one of the most growing sectors and a laggard in the adoption of technology. But the advent of latest technologies like IoT, Artificial Intelligence (AI), and Machine Learning (ML) have set this sector on a path, which is soon going to not just transform the sector but also will give rise to a whole new breed of paradigms. Now, as the demand for logistics companies is growing, the driver's safety has become a primary concern. With the apps like fleet management system (FMS), it is possible to observe driver's behaviour in real-time and make a training plan which can also solve the issue of employee's long driving hours and breaks between drives with fully automated fleets. The availability of sensors and Bluetooth wireless technologies in the trucks have made it easier to add trucks to this burgeoning online network of supply chain data, providing last-mile visibility that was previously unattainable.
How Artificial Intelligence is transforming logistics sector
The Logistics sector has always been one of the most growing sectors and a laggard in the adoption of technology. But the advent of latest technologies like IoT, Artificial Intelligence (AI), and Machine Learning (ML) have set this sector on a path, which is soon going to not just transform the sector but also will give rise to a whole new breed of paradigms. Now, as the demand for logistics companies is growing, the driver's safety has become a primary concern. With the apps like fleet management system (FMS), it is possible to observe driver's behaviour in real-time and make a training plan which can also solve the issue of employee's long driving hours and breaks between drives with fully automated fleets. The availability of sensors and Bluetooth wireless technologies in the trucks have made it easier to add trucks to this burgeoning online network of supply chain data, providing last-mile visibility that was previously unattainable.
Transformation of logistics sector with AI and other modern technologies
Rapid technological development in the fields of big data, algorithmic development, connectivity, cloud computing and processing power have made the performance, accessibility, and costs of AI more favorable than ever before. The emergence of technologies such as artificial intelligence, machine learning and blockchain has transformed the chaotic and fragmented logistics market. AI is now following a similar path. It has now become an integral part of every future software system. In an increasingly complex and competitive business world, companies that operate global supply chains are under unprecedented pressure to deliver higher service levels at lower costs.
Transformation Of Logistics Sector With AI And Other Modern Technologies IndianWeb2.com
AI play significant role to save time, reduce costs and increase productivity and accuracy with cognitive automation. AI affects warehousing operations such as collecting and analyzing information or inventory processing. As a result, AI helps in increasing efficiency and getting profit. Artificial intelligence is profitable for transportation. Due to IoT and AI, Self-driving vehicles bring changes to the supply chain and help reduce expenses in logistics.
The biggest development of this week was Artificial Intelligence - The next wave of eCommerce
This week saw the placation of GST bill on logistics along with many more news such as evolvement of digital payments and artificial intelligence in E-commerce industry. The meeting of AI and e-commerce could not only transform the way jillions of online transactions are done, but also change the in-store purchase behaviors which are influenced by digital interactions. According to Sachin Bansal, CEO, Flipkart, artificial intelligence is a key differentiator in the fiercely competitive e-commerce business. Digital payments will grow 10 times to reach 500 billion by 2020 and contribute 15% of gross domestic product (GDP). Some of the key reasons of these acquisitions include privacy of customer's payment data, secured payment facility and use of payment data for big data analysis to the company.