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Market trends and business perspectives

Artificial Intelligence

Path Robotics expands headquarters and production, creating 140 new jobs

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Path Robotics, a Columbus-based artificial intelligence robotics company producing the world’s first truly autonomous robotic manufacturing system, announced plans to expand its headquarters in Columbus, Ohio, creating 140 new jobs.

Hiring for software development, engineering and product positions is under way.

Path Robotics plans to expand personnel throughout Columbus at both its existing facility at 524 Maier Place, as well as at its additional facility at 3950 Business Park Drive. [Read more…] about Path Robotics expands headquarters and production, creating 140 new jobs

Google research reveals ‘what’s needed for AI acceleration in manufacturing’

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By Dominik Wee, managing director manufacturing and industrial, Google Cloud

While the promise of artificial intelligence transforming the manufacturing industry is not new, long-ongoing experimentation hasn’t yet led to widespread business benefits. Manufacturers remain in “pilot purgatory,” as Gartner reports that only 21% of companies in the industry have active AI initiatives in production.

However, new research from Google Cloud reveals that the COVID-19 pandemic may have spurred a significant increase in the use of AI and other digital enablers among manufacturers.

According to our data—which polled more than 1,000 senior manufacturing executives across seven countries—76% have turned to digital enablers and disruptive technologies due to the pandemic such as data and analytics, cloud, and artificial intelligence (AI). And 66% of manufacturers who use AI in their day-to-day operations report that their reliance on AI is increasing.

The top three sub-sectors deploying AI to assist in day-to-day operations are automotive/OEMs (76%), automotive suppliers (68%), and heavy machinery (67%). [Read more…] about Google research reveals ‘what’s needed for AI acceleration in manufacturing’

How AI Can Benefit Your Business

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When you run a business, you’ll begin to notice how quickly things change around you. We’re living in a society with countless ongoing technological advances – so much so that we barely pay attention to some inventions or creations that would have been marvelled at not too long ago. Of course, to run a successful business, you’re going to have to keep up with the times.

There are, undoubtedly, countless technological advances that will hugely benefit your business and prove extremely profitable to your operations. By keeping up with advances and changes, you can keep up with the competition, ensuring your business’ place as a key competitor within its field.

Now, with so many advances constantly being unveiled, it can be difficult to know where to lay your focus. But for now, let’s focus on AI. This form of technology holds a whole lot of potential for businesses in nearly every industry and field, so it’s not all too surprising that the majority of us are waiting for new introductions with bated breath. Here’s some more information on the subjects to help you make the most of it! [Read more…] about How AI Can Benefit Your Business

Top 5 Cases to Use AI in Manufacturing

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Artificial Intelligence and machine learning continue to be the greatest driving forces powering the manufacturing industry today.

Over 60% of manufacturing companies have already adopted AI technology to increase operational efficiency, reduce downtime, and deliver high-quality products that meet unique consumer demands.

According to Global AI in Manufacturing Market Trends, the market is projected to reach $16.7 billion by 2026, registering a CAGR of 57.2% during the forecast period. [Read more…] about Top 5 Cases to Use AI in Manufacturing

How Realistic is AI in Films?

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Hollywood loves Sci-Fi and artificial intelligence is one of the genre’s most popular themes. Robots, in particular, have played center stage in many Sci-Fi flicks. And they have not always been positioned in a positive light. On the contrary, many such films have depicted dystopias where robots take over the world.

Having virtually no knowledge of AI from any other sources, many have taken these inaccurate depictions of robotics as reality. In fact, according to research by a leading AI authority, Fountech, a quarter of adults in the UK believe that AI might lead to the end of humanity.

So what are the most and least plausible robots in fiction? Here are four depictions of robotics in films that sit at both ends of the scale. [Read more…] about How Realistic is AI in Films?

How Artificial Intelligence is Shaping the Competition Between Website Builders

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Given the tremendous strides forward in technology over the past few years, it can feel a little jarring for experts and industry correspondents to realize that artificial intelligence still represents something of an abstract concept to much of the general public.

This holds true even in spite of the fact that the overwhelming majority interact with and, more importantly, utilise artificial intelligence to at least some degree on a daily basis, and that much of our collective twenty-first-century worldview is defined, shaped, and influenced by AI.

Of course, the list of instances wherein AI is being deployed to great effect within consumer circles is incredibly long – and it is growing longer each and every year. [Read more…] about How Artificial Intelligence is Shaping the Competition Between Website Builders

Software for artificial intelligence

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Machine learning, neural networks and artificial intelligence have become dominant themes in the development of applications, bots, programs, and services.

Regardless of whether you are a simple developer, a startup, or already a large company, you need the right tools to get the job done. That is why, Gartner predicted that 80% of emerging technologies will have AI foundations by 2021.

In addition, as a result of its popularity, the developer community itself has grown, which also led to the emergence of AI frameworks, making it much easier to study artificial intelligence! [Read more…] about Software for artificial intelligence

Deep learning networks prefer the human voice – just like we do

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Columbia engineers demonstrate that AI systems might reach higher performance if programmed with sound files of human language rather than with binary data labels. (See video below.)

The digital revolution is built on a foundation of invisible 1s and 0s called bits.

As decades pass, and more and more of the world’s information and knowledge morph into streams of 1s and 0s, the notion that computers prefer to “speak” in binary numbers is rarely questioned.

According to new research from Columbia Engineering, this could be about to change. [Read more…] about Deep learning networks prefer the human voice – just like we do

Manufacturing Data Summit launches online on 1st-2nd June

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This is a one-of-a-kind opportunity for digital transformation leaders across Europe to join forces with hundreds of experts from across the regions manufacturing industry.

Throughout the 2-day program, attendees will learn how to leverage new technologies, and hone their skills on topics including industrial IoT, AI, Machine Learning & Big Data, in order to accelerate their digital transformation journey.

Attendees will also benefit from access to Data Manufacturing Summit’s co-hosted – Cyber Security for Manufacturing Summit. Earning up to 24 CPE credits and gaining expert knowledge and insights from across both streams!

Secure your FREE PASS today for 30 days access to this double-stream event packed with top tips and take-aways, case studies, live Q&As and plenty of networking too!

Use code “ROBO-AUTO” at registration online here.

*Offer is valid for end users only. Vendors, consultants and students are not eligible but can redeem a 10% discount with the code DATA-10.

For sponsorship and speaking enquiries please reach out to Kimberley Ward: at kim@qgmedia.io

Top 10 predictions of how AI is going to improve cybersecurity In 2021

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There is no denying that Artificial Intelligence (AI) is the future of cybersecurity. In other words, the future of cybersecurity lies in the hands of Artificial Intelligence (AI).

Companies or medium-sized corporations can counter various cyber threats using the advanced concepts of AI.

If you want to know about different AI predictions that will positively influence cybersecurity in 2021 and in the future, read this post in detail. [Read more…] about Top 10 predictions of how AI is going to improve cybersecurity In 2021

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