Robotics & Automation News

Market trends and business perspectives

chatbot

How Does Artificial Intelligence Work in a Chatbot?

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On any reputable website, one will find a chatbot to help the users. While interacting with the chatbot, the user engages themselves with a simulated human conversation instead of talking to a real human being.

A chatbot is a computer program or software that has the power to simulate human conversation both textual and voice conversation. The use of chatbots is extremely prevalent, especially in B2C and BCB websites.

Chatbot assistants on the website have many benefits like it reduces overhead costs of the company and providing support to the staff to handle the customer care service in a better way. [Read more…] about How Does Artificial Intelligence Work in a Chatbot?

Robotic Process Automation Market to Gain Impetus from Blue Prism’s Digital Workforce and its Exceptionally Secured Automation

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In a world full of cutting-edge technologies and advancements, robotic process automation (RPA) plays a meaningful part in systemizing tasks of the ultra-modern businesses.

The pursuit of efficient, smarter, and superior chatbots with higher intelligence has inexplicably increased the degree of automation processes; improving conventional business at the far end of the spectrum.

Yet there are so many blurring confusions about the function of RPA. Let’s clear that first! RPA can be simply put together as a tool intended to support business processes with automation. [Read more…] about Robotic Process Automation Market to Gain Impetus from Blue Prism’s Digital Workforce and its Exceptionally Secured Automation

Endurance Robots launches open source chatbot platform

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formitchev selfiebot chatbot
George Formitchev, CEO of Endurance Robots, demonstrates the company’s new chatbot platform

Endurance Robots has developed an open source platform to enable developers to build their own chatbots. 

CEO George Formitchev says the system is capable of facilitating the development of something like Jibo, Alexa, or Siri – some of the more well known chatbots on the market.

He adds that the SelfieBot Endurance ChatBot allows you to create your own personal assistant to “answer your emails and to communicate with you and on your behalf”.

Formitchev says the applications of the system could be “to help you learn a foreign language and to be a key addition in your everyday life”.

Endurance has a wide range of robotic solutions, including lasers for industrial applications, and like its chatbot most of it is open source and instructions on how to get started are on the company’s website.

Chatbot market racing towards $1 billion, says report

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robot assistant
Picture: Matthew Hurst

The market for chatbots is on course to reach $1 billion by 2024, according to a new report by Transparency Market Research. 

Advances in high-end artificial intelligence development is allowing companies to attain a far greater consumer pool than before, says Transparency.

Facebook, Google, and Microsoft were the “clear winners” in the global chabot market in 2015, adds the company.  [Read more…] about Chatbot market racing towards $1 billion, says report

‘We need a different future where the world of machines and intelligent robots will give us more’

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The SelfieBot by Endurance Robots
The SelfieBot by Endurance Robots

By George Formitchev

Ray Kurzweil said that one day we’ll become hemi hybrids – demi humans, demi cyborgs…  

I want it to happen as soon as possible.

It’s all about information.

It’s growing with every passing day. It takes more and more time to uptake and process this massive data. So less free time remains.  Robots could provide us a strong support in processing, structuring and memorizing new information.

[Read more…] about ‘We need a different future where the world of machines and intelligent robots will give us more’