40% of large enterprises will be integrating edge computing principles into their 2021 projects, up from less than 1% in 2017. By 2020, 100 million consumers will shop in augmented reality. By 2021, there will be $2.5 million per minute in IoT spending and 1 million new IoT devices sold every hour. Gartner What is […]
Author: Chandra
New Products | Delivery Management | Business Transformation
Becoming a digital business—and achieving digital operations— is no longer simply about how we incorporate technology into our organizations; it’s about how we use technology to reinvent those organizations and reinvent operations to get out in front of the dramatic changes that technology is creating. Accenture Organizations have been investing in digitizing their operations. Rapid changes […]
McKinsey estimates that companies across all industries are already automating 50 to 70 percent of tasks, driving both operational and cost efficiencies. No wonder. IPA promises to reduce complexity, replace manual processes, and improve both organizational performance and end-user experience. Companies that lag may soon find themselves in catch-up mode and at an increasing (and perhaps enduring) […]
Given that nature behaves quantum mechanically, quantum computing gives us the best possible chance of understanding and simulating the natural world at the molecular level. With this breakthrough we’re now one step closer to applying quantum computing to—for example—design more efficient batteries, create fertilizer using less energy, and figure out what molecules might make effective […]
“Just as Amazon is expected to launch a basic account through a banking partner, Bain’s new survey finds that US consumers give Amazon much higher loyalty scores than they give banks. Among Amazon Prime respondents, 65% would be willing to try a free online bank account offered by Amazon. Even among people who don’t buy […]
IDC expects blockchain spending to grow at a robust pace over the 2018-2022 forecast period with a five-year compound annual growth rate (CAGR) of 76.0% and total spending of $12.4 billion in 2022. IDC Let me give a high-level overview of Blockchain for ACH Payments, specifically B2B funds transfer and cross-border payments. There is already […]
Explainable AI
Researching interpretability is important for ethical, reputational and legal reasons in which it’s necessary to figure out how an automated system made a particular decision. But the importance of interpretability depends on the specific AI application. Interpretability matters in the medical field, less so for captioning images. Zoubin Ghahramani, Chief Scientist at Uber Advances in […]