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Blockchain tech can resolve inefficiencies in India's current trade finance system

Implementing digital technologies such as blockchain, artificial intelligence (AI), machine learning and robotic process automation can resolve inefficiencies in our current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s/MSME’s end, noted a recent ASSOCHAM-Deloitte joint study.Read more

Tata Power-DDL collaborate with SAP and Choice Technologies to combat power theft

In a bid to curb power theft in India and give impetus to the Union Government’s UDAY scheme, SAP SE announced an alliance with Tata Power Delhi Distribution Ltd. (Tata Power-DDL) to jointly launch ‘Choice Revenue Intelligence’ solution in the country.Read more

Additive manufacturing for factories of the future

Software and IT solutions will be high on the agenda at Hannover Messe 2018, which is no wonder in view of their pivotal role in connecting the individual links in the industrial value chain.Read more

Robotics: Will auto component suppliers drive the market?

While auto OEMs are prime drivers of robots in India, their suppliers (tier-1, 2, 3, 4) are also investing in advanced robotic technology to maintain their competitive edge and scale new heights.Read more

GreyOrange to showcase AI-powered robotics at LogiMat 2018 in Germany

GreyOrange, the robotics and supply chain automation company, will launch its artificial intelligence (AI) powered Butler XL robot at LogiMat 2018, the international trade fairRead more

Alibaba A.I. Labs announces strategic collaboration with MediaTek on IoT initiatives

Alibaba A.I. Labs, which leads the development of Alibaba's consumer artificial intelligent (AI) products, and MediaTek, a global fabless semiconductor company, today announced a strategic collaboration in Internet of Things (IoT) initiatives including smart home protocols, customized IoT chips and AI smart hardware, with the aim of fostering the development of a connected world in the IoT era.Read more

IIIT-Hyderabad unveils report on disruptive technologies

The International Institute of Information Technology, Hyderabad (IIIT-H) , in association with TalentSprint, unveiled a report on “Demand for expertise in disruptive technologies among technology professionals” that showcases trends among working professionals in Hyderabad on how they are gearing up to acquire expertise in the latest AI (artificial intelligence)/ML (machine learning) technologies.Read more

Industrialisation & automation fostering use of industrial robots

Surge in labour charges worldwide, which in turn has enforced manufacturers to replace human labour with machines, is one of the major demand drivers for industrial robots, says an Allied Market Research report.Read more

Honda and China-based SenseTime to collaborate for AI based automated driving

Honda R&D Co., Ltd., the R&D subsidiary of Honda Motor Co., Ltd., today announced that it has signed a 5-year joint research and development contract with SenseTime Group Ltd, a China-based IT company with strengths in the area of artificial intelligence (AI) technologies.Read more

Flytxt introduces intelligent voice interface for digital customer engagement

Flytxt today announced the availability of an intelligent voice interface for NEON-dX, its digital customer engagement product. NEON-dX will use analytics and artificial intelligence (AI) to personalise conversations on any digital touch point that supports Amazon Alexa and Google Assistant.Read more

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