How AI can help provide marketers with the 'right moment' for consumer purchase

For today’s marketing professionals, it’s all about data and differentiation. Get the best insights out of the data you’ve got, and put something together that differs from the crowd. Artificial intelligence (AI) and machine learning (ML) can help in this quest – but it is not as simple as flicking a switch and ‘being AI.’

This gap between data collection and data utilisation is where

By James Bourne, 28 November 2018, 0 comments. Categories: AI, Data & Analytics, IoT.

PTC acquires Frustum and partners with Rockwell Automation to boost IoT and AI offerings

Massachusetts-based enterprise software firm PTC has announced that it has bought Colorado-based advanced generative design software company Frustum for about $70 million. Frustum’s generative design technology, which leverages AI to develop options for design, will prove to be a meaningful addition to the PTC Creo portfolio, the company added.

Jim Heppelmann, president and CEO, PTC, said: “PTC is pushing the...

By IoT News, 22 November 2018, 0 comments. Categories: AI, Enterprise, IoT, Manufacturing.

Amazon will continue selling facial recognition to law enforcement

Despite protests and claims it has bias problems, the CEO of AWS reportedly told employees it will continue selling facial recognition to law enforcement.

According to a Verge source, AWS CEO Andrew Jassy told employees in a meeting:

“We feel really great and really strongly about the value that Amazon Rekognition is providing our customers of all sizes and all...

By Ryan Daws, 09 November 2018, 0 comments. Categories: AI, Smart Cities.

How Losant aims to turn the long enterprise IoT journey into manageable steps

“A lot of times in this space people love to talk about the technology – but they don’t want to work with the business about how they think about the business problems they’re trying to solve,” says Charlie Key, co-founder and CEO of Losant.

It’s an interesting statement when you consider Key’s (left) background. Having spent pretty much all of his career in the...

By James Bourne, 07 November 2018, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing, Oil & Gas.

Validere raises $7 million in seed funding to transform oil and gas trading via artificial intelligence

Venture-backed oil and gas IoT and artificial intelligence platform Validere has raised $7 million in seed funding to transform oil and gas trading and logistics through reliable data and Artificial Intelligence (AI) insights.

Currently, as the company puts it, oil and gas companies use unreliable product quality data to make critical operational decisions and to address this problem, Validere is using IoT technologies to...

By IoT News, 06 November 2018, 0 comments. Categories: AI, Data & Analytics, IIoT, IoT, Oil & Gas.

Waymo blames human for its self-driving car accident

Waymo has detailed how its self-driving vehicle in Mountain View came to hit a motorbike, and it’s all to do with a meddling human.

Driverless cars are expected to improve road safety as they’re not prone to human ailments which often cause accidents such as distractions, intoxication, general lack of ability, or medical problems at the wheel such as a heart attack.

Of course, it’s going to take some time before driverless car AIs are robust enough for public use. Until then, on road tests...

By Ryan Daws, 06 November 2018, 0 comments. Categories: AI, Connected Cars, Smart Cities.

Amazon’s hiring of less Xmas staff indicates growing automation

Amazon is hiring fewer Xmas workers this year which could be a sign of growing automation within the retail industry.

In the past couple of years, Amazon has brought in 120,000 additional temporary staff to deal with the Christmas rush. This year, that number has dropped to 100,000.

While it’s hardly the robots-are-taking-our-jobs apocalypse some predict, it appears to be the start of a decline in the need for human workers.

Citi Analyst Mark May

By Ryan Daws, 05 November 2018, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing.

Ford and Volkswagen explore autonomous vehicle collaboration

Automotive giants Ford and Volkswagen have signed an MOU (Memorandum Of Understanding) to explore a self-driving car partnership.

While he’s been going through a somewhat turbulent period, Elon Musk and his Tesla crew undeniably shook up the automotive industry. The company introduced various semi-autonomous features with their attractive, high-performance electric vehicles.

Traditional carmakers have struggled to match...

By Ryan Daws, 02 November 2018, 0 comments. Categories: AI, Connected Cars, Smart Cities.

Turning IoT devices into supercomputers? Sisense has a Hunch for more effective BI

Sisense, a business analytics software firm, has launched its patent-pending Sisense Hunch Data Cognition Engine which aims to turn sensors, phones, and wearable devices into supercomputers.

Sisense Hunch represents a new class of big data analytics, data cognition engines that learns vast amount of datasets and is able to produce microsecond analytical responses to queries that are 99% precise, with a small fraction of the cost and...

By IoT News, 25 October 2018, 0 comments. Categories: AI, Data & Analytics, Development, IoT, Wearables.

For oil and gas, patience is key to begin implementing IoT – but the pace needs to increase after

The oil and gas industry is one of the most complex when it comes to emerging technology implementation. Yet as complicated as it is, it’s people and processes which will ultimately move the needle, according to Jim Claunch, vice president of business efficiency at Equinor.

This is not to say that the tech side can be overlooked. Take a look at the sheer amount of data Equinor gets hold of; from its 1200 plus operating...

By James Bourne, 23 October 2018, 0 comments. Categories: AI, Data & Analytics, Enterprise, IIoT, Oil & Gas.