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How AI Could Boost Business Customer Service

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From forecasts to spam filters, artificial intelligence has long been used to help companies across industries. Within recent years, it’s begun to play a key role in a major business area: customer service. 

Though it’s widely seen as a human-led sector, this form of tech could simplify a number of B2C tasks, likely boosting overall client experience as a result. In turn, this may very well improve brand reputation as well as profit turnover.

Let’s explore the main ways in which AI stands to enhance customer service within a business. [Read more…] about How AI Could Boost Business Customer Service

The Future of Automation in the Aviation Industry

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Recent years have seen a considerable buzz build up around the prospect of automated transport. But in the aviation industry at least, this revolution has been going on for a while.

Every commercial flight, including those undertaken by private jets, takes place with some aspects being handled entirely by a computer.

As artificial intelligence becomes more sophisticated, it’s a near-certainty that a greater portion of piloting duties will be handed over to automated systems. [Read more…] about The Future of Automation in the Aviation Industry

How do DC/DC converters work in hybrid and electric cars?

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Within every electric vehicle is a battery that outputs a certain voltage.

Given that this voltage might not be appropriate for the various devices being driven, we need to install another device along the signal path.

This device is known as a DC/DC converter, and without it, the modern electric car wouldn’t be possible. [Read more…] about How do DC/DC converters work in hybrid and electric cars?

4th AI & Robotic Process Automation World Summit 2019

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The next step on your automation journey starts here

Running from 4-7 June 2019 Düsseldorf, Germany, the AI & Robotic Process Automation World Summit will showcase automation solutions to develop high-quality AI and robotic processing.

Robotic process automation experts will come together to exchange knowledge, ideas and real-world strategies for the competitive automation industry.

Standard information management processes are no longer able to sustain the workload they are put under.  [Read more…] about 4th AI & Robotic Process Automation World Summit 2019

Robotics challenge: ExxonMobil extends deadline for $60,000 competition

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ExxonMobil is offering $60,000 in a robotics challenge designed to find new innovations in the field of energy. 

The company has extended its deadline for submissions to May 13th, 2019.

The aim of the challenge is to develop solutions for “pain points and technology gaps” in the natural resources industry.

The Robotics Reverse Pitch Challenge, organized by BBL Ventures, is inviting submissions from local and international businesses as well as educational institutions.

Prospective entrepreneurs are also invited to enter the competition.

For more information, visit: https://info.bblventures.com/springenergychallenge

ExxonMobil offering $60,000 prize money for robotics innovations

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Energy giant ExxonMobil is offering $60,000 prize money as part of its first-ever robotics and automation innovation competition.

Organized by BBL Ventures, the “Reverse Robotics Pitch Challenge for ExxonMobil” is open now and is inviting innovation in a number of areas.

BBL Ventures, a technological innovation company specializing in the natural resources industry, there are “pain points and technology gaps” for which there are many opportunities to build solutions, provide funding, and aid in scaling new companies.  [Read more…] about ExxonMobil offering $60,000 prize money for robotics innovations

Segway Robotics raises more than $1 million on Indiegogo for new vehicle

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Segway Robotics, a wholly owned subsidiary of Segway-Ninebot Group, concluded what it says was a “successful” Indiegogo crowdfunding campaign this week, having raised $1.1 million in 50 days from 952 backers.

The initial goal of $100,000 was achieved less than 33 minutes after Segway Robotics started its crowdfunding campaign for Loomo, a smart machine that toggles between a mini personal transporter and mobile robot sidekick.

Loomo begins shipping to Indiegogo backers in late May and this will continue through the summer, with hundreds of Loomos to be shipped every week.  [Read more…] about Segway Robotics raises more than $1 million on Indiegogo for new vehicle

Shenyang city looking to attract top talent with ‘massive subsidies’ for starting business

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Shenyang, a city in northeastern China, is opening its arms wider to talents both at home and abroad.

The local government Communist Chinese municipality says it is looking attract “top talent with massive subsidies”.

On April 22, 2018, it announced an upgraded package of incentives in addition to a series of preferential policies introduced last year, including granting a maximum subsidy of 10 million yuan ($1.6 million) to top talents and “zero threshold” for graduates from Chinese and foreign universities to settle down in the city.  [Read more…] about Shenyang city looking to attract top talent with ‘massive subsidies’ for starting business

Automotive industry could gain $160 billion through smart factory adoption, says report

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Capgemini has announced a new report by its Digital Transformation Institute which reveals that the automotive industry can expect to achieve $160 billion in productivity gains annually from smart factory adoption from 2023 onwards.

The report, Automotive Smart Factories: How Auto Manufacturers can Benefit from the Digital Industrial Revolution, which surveyed more than 320 automotive manufacturers, demonstrates that the automotive sector has set more aggressive targets for smart factory initiatives compared to other sectors.

A global top 102 automotive manufacturer can expect to realize an additional $4.6 billion or a 50 percent growth in operational profits annually within five years of a full smart factory implementation.  [Read more…] about Automotive industry could gain $160 billion through smart factory adoption, says report

First-ever luxury space hotel to offer discount holidays for less than $10 million

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The first-ever luxury space hotel was introduced recently during the Space 2.0 Summit in San Jose, California.

Named after the magical light phenomenon that illuminates the Earth’s polar skies, Aurora Station is being developed by Orion Span and the company’s team of space industry veterans, who have over 140 years of human space experience.

The first fully modular space station to ever debut, Aurora Station will operate as the first luxury hotel in space. The exclusive hotel will host six people at a time – including two crew members.  [Read more…] about First-ever luxury space hotel to offer discount holidays for less than $10 million