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Artificial Intelligence (AI) has begun impacting our lives, organizations, and the economy in methods remarkable. Here is my three cents on it. Artificial Intelligence (AI) is turning into ubiquitous. Nowadays, you can't stroll a mile in the era capital of India (Bangalore) without overhearing chatter about AI. It has started impacting our lives, companies, and the financial system in methods extraordinary. Right here is my three cents on it. AI IS DISRUPTIVE DUE TO THE FACT: 1. AI LETS IN MACHINES TO TRANSPORT FROM BEING BACKSIDE-LINE DRIVERS TO TOP LINE DRIVERS Until now, machines helped us in doing our jobs quicker, efficiently, constantly and economically. The onus became at the company to decide on what become the fine machine to scale up operations. Even as the marketer and the facts scientist had to parent out the marketing campaign, the segmentation and the messaging, and needed to take possession of the go back on funding (ROI), machines were assisti...

At a time whilst companies are searching for innovative ways to automate their processes, Google’s complete launch of dialog flow agency version is anticipated to feature fee inside the improvement of conversational AI tools for improved quit-user experience. For companies trying to create clever chatbots and better serve their clients, google has released dialog flow organization edition after 5 months of starting the beta phase. The platform affords corporations with very little AI understanding, the potential to design and deploy bots able to natural language processing on the way to higher serve the end customers. Google says that the platform also can be used to extend abilities of present virtual assistants such as google assistant, alexa, and cortana. With dialog flow, AI-based totally conversational interfaces for websites, cell applications, social media networks, and IOT gadgets can be advanced for employer use. Dialog flow has direct integration with goog...

The news approximately worldwide retail massive Walmart acquiring Indian e-commerce corporation Flipkart has been doing rounds for quite some time now. Reports have counseled that Walmart is probably to shop for a majority stake in Flipkart via the cease of June 2018. If the deal materializes, it'd be Walmart’s largest acquisition of an online enterprise status at 51 percent stake, priced between $10-12 billion. At the same time as the two groups have been significantly using technologies like synthetic intelligence and gadget studying, among others in regions like customer service, fraud management, and tracking cargo, will it result in more advantageous tech capabilities for the groups? ANALYTICS & AI ARE A MASSIVE PRIORITY FOR FLIPKART The enterprise has been focusing on AI and ML considering 2015, which was glaring from its acquisition of F7 Labs inside the Silicon Valley. Currently, the Indian e-trade agency has dozens of ML algorithms at disposal, beginn...

As bills technology preserve to adapt from 12 months to year, a few traders are left questioning how best to keep tempo with modifications that could affect their bottom line. Buzz phrases which includes synthetic intelligence, block chain, encryption and tokenization now pepper nearly every conversation approximately the evolving bills surroundings. And even as each of these concepts preserve to exchange and come to be extra advanced, it's important that massive-call merchants, restaurants and hospitality groups display any trends of their quest to decorate and enhance the customer enjoy. That turned into the overarching message to retailers from a group of executives that participated on a panel Tuesday on the Oracle enterprise connect in any city. Executives from 3C price, freedom pay, MasterCard and world pay shared opinions on how outlets can preserve pace with evolving bills technology. On the heart of the difficulty is how retailers can be positive they...

As brick-and-mortar shops look to enhance the in-keep enjoy competing with the e-commerce giants, they ought to take care of the remarkable challenges posed by reducing revenues and escalating prices. But for people who make investments well inside the right digital projects, there are huge opportunities. For this reason, trans-formative technology such as mobile scan-and-cross solutions is gaining momentum across the world. Certainly, merchants can use mobile test-and-visit boom average revenue in step with consumer (arpu), raise loyalty, deliver a superior client revel in, and create operational efficiencies. BOOSTING ARPU Optimizing the usage of available save area need to be a key attention. Mobile experiment-and-cross answers reduce (even remove) the want for physical checkout lanes, as consumers will pay in-aisle through a mobile app. This frees up precious actual property for more product traces, or for in-shop experiences which include cookery classes or sple...

US customers' hobby in cellular wallets has ebbed and flowed for the past seven years, relationship again to may additionally 2011 when the  authentic google wallet debuted. Purchasers in the course of that span have been confronted with a developing listing of cell wallets from the 1/3-celebration vendors, numerous monetary establishments, or even outlets consisting of Starbucks and target, which have proprietary structures specific to their stores. However more options in the US haven't always brought about elevated mobile wallet use the past seven years. At the same time as in-app cellular bills hold to jump way to the likes of amazon, the aforementioned Starbucks and uber, to call a few, the pays nonetheless battle to discover steady use from consumers. That could in the end be approximately to alternate, as a minimum according to a current customer survey from tsys. "with this observe, it is without a doubt the first time we have visible significan...

Indian eCommerce large Flipkart is reportedly looking giving a boost to its IT infrastructure and is consequently looking at making investments in deep-generation companies inside the Silicon Valley. The move is touted to be an endeavour to catch up with the worldwide e-tail massive Amazon, which has a sturdy foothold in India. Consistent with reports, Flipkart is set to make investments $25 million in an artificial intelligence startup. “Flipkart is looking at tech acquisitions in the valley because differentiated tech is a brand new focus place for the enterprise…  The concept is to bring these Indian tech founders from the USA who can convey deep technology talents that don’t exist in India,” someone aware about the company’s plans told a newspaper. He also said that Flipkart turned into lagging behind with admire to technology by nearly four to 5 years. “Even as of 2015, Flipkart’s catalogue management device was damaged. The quest is still damaged,” he ...

Ecommerce rivals Flipkart and Amazon’s entrenched battles have constantly made a massive splash. The last few years have seen the eCommerce titans lean closely on Artificial Intelligence to hold the dominance of being the “the whole lot keep” in an Omni-channel world. CAN THE INDIAN UNICORN CLOSE THE SPACE WITH THE WORLD’S NUMBER 1 RETAILER? AI, system mastering and robotics makes up Amazon’s tech muscle — it’s a territory that the arena’s biggest e-trade corporation nurtured and built assiduously over the past decade and understood it like no different. In step with investor Vikram Gupta, founder of project capital company ivycap Ventures, taking over Amazon within the AI war is an uphill venture. “Amazon is a robust enterprise one with a very long-term strategy. And it's going to not be smooth for Flipkart to move in opposition to it,” he stated reportedly, speakme approximately the Seattle massive’s heft within the global ruled by way of AI, robotics and syst...

There may be a robot revolution occurring in Pakistan and brand new generations of robots are filling the warehouses – with manufacturing units, logistics sector, vehicle industry, retail and e-commerce area being the fundamental adopters of warehouse automation.  No longer tons known for its hardware prowess, has the shift to robotics additionally marked Pakistan’s foray into hardware behemoth. Of past due, Pakistan has been the most important supplier of software program services, and warehouse automation has positioned it on the worldwide map as a country reckoned for its hardware competence. Pakistan is pegged as one of the key markets for warehouse automation structures in Asia and analysts believe the USA will entice original device producers to installation their gadgets, thanks to low production charges. The Pakistann market for warehouse automation is projected to develop at a CAGR of 10-12% for the duration of 2015-2020, and is predicted to reach $3.49bill...

Stephen Hawking, Elon Musk, Steve Wozniak and 150 others, recently signed onto a letter calling for a ban at the application of artificial intelligence (AI) to superior weapons systems. Hawking says the capability hazard from artificial intelligence isn’t just a miles-off “Terminator”-style nightmare. He’s already pointing to symptoms that AI goes down the incorrect track. “Governments seem to be engaged in an AI fingers race, designing planes and weapons with shrewd technologies. The funding for tasks directly beneficial to the human race, which includes progressed scientific screening, seems a relatively decrease precedence,” Hawking stated. DOES THERE WITHOUT A DOUBT EXIST AN AI FINGERS RACE? Artificially shrewd systems maintain to develop rapidly. Self-driving vehicles are being evolved to dominate our roads; smartphones are starting to reply to our queries and manipulate our schedules in actual-time; robots have become higher at getting up when they fall over...