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IT News Online - PR Newswire - Automation Anywhere Completes Acqui-hire of Cathyos Labs to Support Strategic Growth Plan
Automation Anywhere, a global leader in Robotic Process Automation (RPA), today announced the acqui-hire of product engineering start-up Cathyos Labs to support the company's expansion and product innovation. Cathyos Labs specializes in product development, automation, RPA and predictive analytics. Through the acqui-hire, Automation Anywhere will strengthen its engineering team to increase product development, support and delivery for customers in India and across the region. Cathyos Labs is the first talent led acquisition by Automation Anywhere. Throughout India, acqui-hires are becoming common as organizations purchase a company in order to acquire or gain access to its employees, but not necessarily the company's products and services.
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IT News Online - PR Newswire - FPT Software Offers Public Demo of Autonomous Vehicle at Urban Township Ecopark
Southeast Asia's leading IT firm FPT Software on Wednesday gave a public demonstration of autonomous driving technologies at Ecopark, an urban township located 20km east of Hanoi. The demo was carried out as the company had pledged earlier in April. The Yamaha electric golf car, after having been upgraded with FPT Software's latest autonomous technologies, completed a full journey of 4 kilometers around Ecopark without human interaction. The route was designed with five bus stops and various cross-sections to form a slightly challenging environment for the vehicle. As users booked the trip via a mobile app, the vehicle automatically calculated the most optimal route and priorized passengers in a chronological order.
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Artificial Intelligence Comes to the Rescue for the Retail Industry
Exponential progress in artificial intelligence (AI) and machine learning, fuelled by the combination of cloud, big data and new algorithms, is transforming the retail industry. As AI leverages big data to automate, predict and personalize, retail is testing and implementing these applications to garner robust competitive advantages. The key focus for AI in retail is customer relationships. In times of concerns for the retail sector in the UK where sales posted biggest quarterly fall since 2010, the refashioning of this industry comes as a breath of fresh air with many opportunities to come. Global Artificial Intelligence Opportunities in Retail, 2017, new research from Frost & Sullivan's Connected Industries Growth Partnership Service, offers an overview of AI and its relevance to business in 2017.
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