Artificial intelligence Archives - AiThority

Reputation Appoints New CTO To Spearhead AI Product Innovation

PRNewswire — Wed, 10 Jan 2024 10:26:13 +0000

New Technology Leadership Accelerates Platform and Product Development for Customer Performance and Success

Reputation, the global leader in reputation performance management, announced the appointment of Shantanu Sarkar as Chief Technology Officer, effective immediately.

Shantanu Sarkar has led product and engineering teams at public and private organizations through critical phases of business transformation and revenue growth. He was previously Vice President and Managing Director of Cockpit Software Solutions at Aptiv. He also served in key leadership roles at Amazon AI (Alexa), Poly (formerly Plantronics), and Cisco. Shantanu joins Reputation with over 150 patents to his credit, he is an expert in Artificial Intelligence, Machine Learning, SaaS, and Connected Devices.

“Shantanu’s outstanding track record as a product innovator and business leader is the perfect match for Reputation’s next phase of growth,” said Joe Burton, CEO of Reputation. “The company is poised for massive scale, and our new CTO has the right experience to lead our innovation efforts during this phase. As we enter the era of Artificial Intelligence, I am eager to ramp up product and development initiatives to serve our global customers with cutting-edge AI.”

In his new role, Shantanu will play a pivotal role in shaping Reputation’s future by guiding its product strategy to seamlessly enhance the company’s reputation performance platform and industry-leading Reputation Score, a proprietary algorithm backed by Artificial Intelligence that helps companies manage their reputation performance based on public and private consumer review and experience data, down to the location level.

“I am thrilled to join Reputation at a time when generative AI and innovation are impacting companies at an unprecedented rate,” said Shantanu Sarkar, CTO of Reputation. “With Reputation’s proven leadership in reputation management, proprietary Reputation Score that customers use to drive profitability, and more than a decade of public review data, I knew Reputation has something special that other companies do not. I look forward to bringing my expertise to help continue to grow our impact for global customers.”

Shantanu holds a master’s degree in Computer and Information Science from Ohio State University and a bachelor’s from the Indian Institute of Technology, Kharagpur.

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Calabrio Enhances Customer Experience With Wysdom AI Acquisition

Business Wire — Tue, 09 Jan 2024 19:23:10 +0000

Calabrio, announced their acquisition of Wysdom, the leading experts in AI (Artificial Intelligence) and virtual agent performance solutions. This acquisition will accelerate Calabrio’s strategy to help customers leverage AI and ML (Machine Learning) to maximize agent engagement, productivity, and ROI (Return on Investment). Wysdom, based out of Toronto, Canada, was founded in 2012 and has been a pioneer in developing software and services to help customers optimize the performance of their virtual agents.

“We are excited to bring Wysdom and Calabrio together to help our customers use AI to drive optimal allocation of resources across both human and virtual agents,” said Kevin Jones, CEO of Calabrio. “By unlocking core insights across all interactions at scale, Wysdom’s powerful AI/ML-fueled analytics will ensure that our customers are able to leverage all of the valuable data in their omnichannel contact center.”

Wysdom’s proprietary technology facilitates the fine-tuning of virtual agent (i.e., chat and voice bot) interactions in real time. This technology is an instant value-add to Calabrio’s existing suite of analytics tools. Both platforms are built for an increasingly omnichannel world and will allow Calabrio to present customer interactions, along with a comprehensive range of conversational metrics, through a single pane of glass. This single pane approach will allow customers to easily monitor and improve the performance and resource allocation of all customer service agents, whether human or virtual.

Calabrio customers will now be able to sort all interactions—regardless of channel type—into thematic categories. In addition, customers will now be able to automatically determine areas for potential improvement, including coaching and training. This enhanced analytical firepower will take Calabrio’s already robust quality management and employee engagement tools to the next level. The result is the ultimate workforce performance solution for the modern, omnichannel customer contact center.

“At Wysdom we have spent years single-mindedly focused on improving the efficacy of the AI-enhanced chatbot, believing the modern contact center to be a space ripe for transformational change,” said Ian Collins, Wysdom Founder & CEO. “All along we’ve viewed Calabrio as a like-minded innovator, so we’re thrilled to join them in this crucial mission.”

The acquisition speaks to Calabrio’s long-term, multi-front efforts to build the world’s best software to optimize how businesses delight their customers. In addition, it will accelerate customers’ ability to harness the vast quantities of data generated by each customer interaction across multiple channels. And as part of that process, Calabrio will create a frictionless, engaging experience for both customers and agents.

[To share your insights with us, please write to sghosh@martechseries.com]

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AppsFlyer Unveils Cutting-Edge AI Solution for Elevating Marketing Campaign Creativity and Performance

Business Wire — Tue, 09 Jan 2024 17:23:14 +0000

Creative Optimization empowers marketing teams to drive significant results with optimized creative decisions and precise ad campaigns

AppsFlyer, the global leader in marketing measurement, attribution, and data analytics, launched Creative Optimization, its new product that provides marketers with unparalleled insights into their creative assets and data-driven guidance on maximizing their impact. Coupled with Artificial Intelligence (AI), Creative Optimization identifies patterns, trends, and features that drive optimal audience engagement, enabling marketers to capture the most value from their ad spend while enhancing the effectiveness of their creative content and campaigns.

Creative Optimization empowers stakeholders across performance marketing, creative, and Business Intelligence (BI) teams to collaborate to craft diverse asset variations, test, and validate winning variables within advertisements – saving time and resources while elevating performance. Marketing teams now possess the tools to make creative decisions that marry human intuition with the precision, speed, and scalability of the AI capabilities embedded within the product.

“The new Creative Optimization product presents a real breakthrough for marketers, bridging the gap between creative and growth marketing teams while addressing key pain points to drive success for both,” said Yevgeny Peres, EVP of Product Strategy at AppsFlyer. “By delivering sophisticated, in-depth creative insights, it enables growth marketing teams to optimize spend, increase scale, and drive profitability by automatically identifying which creatives perform best in campaigns. Simultaneously, it equips the creative team with valuable insights on the attributes of winning creatives, empowering them to focus on the most effective elements and allocate their time and resources more efficiently. This seamless collaboration closes the feedback loop, boosts confidence in creative production, reduces risk by minimizing investment in underperforming creatives while scaling the production of winning ones to drive profitability at scale.”

AppsFlyer worked with more than 100 companies, including fintech company Dave and mobile gaming leader Papaya Gaming, through the development and testing of Creative Optimization over the last year. Companies across gaming, fintech, e-commerce, and entertainment industries employed the product to enhance their marketing efforts to great effect. Brands utilizing the product were able to grow their ad spend by as much as 300% while seeing vast improvements in key performance indicators. Campaigns resulted in increases in ad click-through rates of up to 50%, decreases in cost-per-install by as much as 30%, and saw up to 100% uplift in customer retention and revenue metrics.

“AppsFlyer’s Creative Optimization has been a game-changer for our cross-team creative collaboration efforts,” said Christian Espinoza, Senior Marketing Technology Manager at Dave. “We’ve seen a significant increase in efficiency, and it’s transformed our creative optimization process by providing a deep understanding of what works best on specific channels and allowing us to extract maximum value from our top-performing assets. We’ve seen a major increase in efficiency – what used to take us 8-10 hours a week, we can now effortlessly pull and share reports with the creative team, making data-driven decisions without the need for manual data extraction or platform hopping.”

“Creative Optimization is transformative for our campaigns, allowing our marketing team to reach larger audiences, improve our efficiency and collaboration,” said Dan Hayoun, Performance Group Manager at Papaya Gaming. “This has led to great results and helped turn the creative marketing process into a growth engine across our award-winning portfolio of games. As a leader in the next generation of gaming, we are constantly looking for cutting edge tools that can help us operate on a larger scale, while providing the best options for attracting and retaining players to continue growing our business.”

Creative Optimization enables users to marry best-in-class AI creative capabilities and AppsFlyer’s analytics-driven dashboards to deliver the most efficient and effective campaigns:

AI-powered insights for maximizing ad spend and creatives’ effectiveness. Creative Optimization automatically analyzes creative assets, breaking them down into scenes, and provides performance data and guidance for effectively replacing underperforming elements.
Access granular performance data to uncover the winning formula for your creative strategy. Creative Optimization aggregates all creative performance data in one place, providing an unbiased, comprehensive overview of creative performance, including cost, installs, clicks, and down-funnel metrics like retention, lifetime value and more.
Turn creative performance into meaningful data for your BI system. Creative Optimization consolidates all creative data, offering a reliable and up-to-date system that incorporates recent changes in the marketing ecosystem. This streamlines the data integration process and ensures a credible and trustworthy source for creative data within the BI system.

[To share your insights with us, please write to sghosh@martechseries.com]

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Xaba Raises $ 2Million for Intelligent Self-Programming Robots in Manufacturing

Business Wire — Tue, 09 Jan 2024 17:22:53 +0000

Funding will enable Xaba to democratize robotic automation and drive sustainable manufacturing

Xaba, developer of the first AI-powered cognitive software solution to automate programming and deployment of robotics and CNC machines, announced it has raised US$2 million in a seed extension round of funding to bring to market AI-driven fabrication processes and intelligent autonomous machines. The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures. The investment will be used to establish and staff a new robotics lab and accelerate the delivery of two Xaba manufacturing platforms.

Xaba is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution. xCognition leverages innovative proprietary machine learning algorithms to model the elasto-mechanical-dynamic behavior of industrial robotics and cobots, as well as workpiece variances. This includes variances in location and shape, using proprietary rule-based language models to eliminate coding of robotics programs. xCognition solves the challenges of deploying industrial robots by completely automating how they are programmed and adopted. This solution not only increases accuracy, consistency, and throughput, but also significantly reduces the time and costs of robotics deployments.

“AI represents a wave of change in the automation industry, removing significant barriers to technology adoption in manufacturing and other industrial sectors. Xaba is a great example of how the integration of AI is empowering industrial robotics technologies – enabling them to self-generate programs, substantially improve their accuracy and precision, and provide highly valuable feedback to users,” said Thomas Park, lead partner of BDC Capital’s Deep Tech Venture Fund. Concurrent with the funding round, Park has been appointed to the Xaba board of directors.

This year, Xaba partnered with Lockheed Martin and Rolleri Robotic to demonstrate 10 times performance improvements in absolute positioning, and five times improvements in relative positioning and trajectory accuracy for cobots using Xaba’s manufacturing platforms.

“With the integration of AI-powered cognition and awareness, robots become easy to adopt and profitable for businesses across various tasks and sizes,” said Massimiliano Moruzzi, CEO of Xaba. “With this funding in place, we can now establish our Xaba manufacturing platforms as the go-to solutions for implementing new intelligent robotics, creating automated factories, and developing disruptive new processes and materials.”

“Cognitive systems will be the future of next generation robotics and Xaba’s AI-based software solution has demonstrated that it can elevate the performance of high precision robotics such as welding and drilling by enabling adaptive learning, real-time decision-making, and seamless human-robot collaboration,” said Gayathri Radhakrishnan, Partner at Hitachi Ventures. “As a well-known force in this industry, with a strong focus on robotics and manufacturing, an investment in Xaba gives us the ability to explore this domain further.”

Industrial Artificial Intelligence Solutions for Manufacturing

Xaba has two manufacturing platforms – xCognition and xTrude – which use proprietary, state-of-the-art industrial artificial intelligence (AI) to provide AI-powered cognitive industrial automation, consistency, robustness and high execution quality. Its platforms eliminate the need for constant human supervision, reprogramming, and waste – factors that significantly impact the return on investment of any major manufacturing or construction process.

xCognition is Xaba’s AI-powered software solution. This industrial robotics digital twin captures and models the true physics of any industrial robotics system (elastic, dynamic, mechanical, tooling). This includes workpiece variances both in location and shape, leveraging rules-based language models and multi-modal datasets that capture legacy data and best practices to enable any robotics system to execute tasks such as drilling, welding (MIG, TIG & Laser), assembling, riveting, laser, data acquisition, and more with maximum accuracy, repeatability, and minimum human supervision.

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Thoughtworks Looking Glass Report Spotlights Strategy, Security and Responsibility in AI Solutions

Business Wire — Tue, 09 Jan 2024 16:04:24 +0000

Thoughtworks a global technology consultancy integrating strategy, design and engineering to drive digital innovation, released the fourth edition of Looking Glass, a report designed to help companies navigate industry shifts and identify new opportunities. Five chapters, known as lenses, analyze trends in technology and identify concrete opportunities and actionable advice.

Generative Artificial Intelligence (GenAI) is finding its way into every part of business as it becomes more available, accessible and applicable to many people. A solid data strategy and clear goals will be required to take advantage of the opportunities. GenAI (or AI) is indiscriminate with what it speeds up, good or bad, wrong decisions can be made even faster than before AI. In order to protect themselves from risk, businesses must focus on making data findable, accessible, trustworthy, interoperable and reusable, all in a highly secure and privacy-conscious way. Data platforms with a product-thinking mindset provide the most viable foundation for success.

“Data platforms enable businesses to gather data insights, build reliable AI systems, control risk and can also be a key component in creating, managing and enforcing data governance. The latter is one of the biggest challenges many organizations face,” said Rachel Laycock, Chief Technology Officer, Thoughtworks. “Yet it doesn’t stop there. Having control over the direction and output of AI systems is part of responsible technology practice and is essential to mitigating against unintended consequences.”

The five lenses in Looking Glass 2024 report are:

AI everywhere: The ability to effectively integrate AI to make people better at their jobs will be key to the success of enterprises in the future. Organizations will need to be deliberate about which technologies they can benefit from and how they will be used.
Realizing value from data and AI platforms: While critical to an AI strategy, a data platform with reliable access to credible, up-to-date data is vital for all enterprises, even those not planning to build GenAI applications in the short term.
Evolving interactions: With everything from voice interfaces to extended reality, existing solutions are becoming more immersive and seamless. Organizations need to reimagine how they engage with, learn from and delight stakeholders.
Accelerating physical-digital convergence: Software is a core component of everything from vehicles to home appliances. It’s not just organizations with a connection to the physical environment that need to bridge the gap between the real and the virtual — we expect this to affect any organization that is not a pure digital play.
Responsible tech – a critical consideration: Guardrails around privacy, security and sustainability need to be firmly embedded in an organization’s approach to technology.

Thoughtworks’ Looking Glass is updated on an annual basis to keep pace with the constant shifts in technology possibilities and business priorities.

[To share your insights with us, please write to sghosh@martechseries.com]

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New Global Initiative to Advance Digital and AI-Driven Transformation of Healthcare Systems

PRNewswire — Tue, 09 Jan 2024 12:51:14 +0000

Digital transformation and new tech tools can provide scalable solutions to systemic challenges straining global healthcare system, new research finds
New World Economic Forum Digital Healthcare Transformation Initiative, launched in collaboration with Boston Consulting Group will accelerate public-private collaboration on digital health, data, and artificial intelligence
New report by the World Economic Forum and BCG highlights how five critical enablers could revolutionize healthcare and counter the interconnected challenges it is facing globally

A new World Economic Forum initiative, unveiled will unlock the transformative potential of digital tools and new technologies such as artificial intelligence (AI) for healthcare, and the critical importance of concerted public-private collaboration in driving their global adoption.

The new initiative, launched in collaboration with Boston Consulting Group (BCG), will harness the untapped power of digital solutions to help address the host of pressing interconnected challenges straining the global healthcare system. The joint effort will foster international collaboration on promising new digital tools such as AI to reshape patient care and improve system inefficiencies worldwide.

“Digital transformation has the potential to overcome the serious challenges patients and populations are facing worldwide,” said Shyam Bishen, Head of the Centre for Health and Healthcare, and Member of the Executive Committee at World Economic Forum. “Greater public-private collaboration is urgently needed to address these complex challenges. We are committed to providing an adaptable, cooperative platform to connect the dots and accelerate and scale up the innovative efforts of key change-making organizations in healthcare globally.”

Transforming Healthcare: Navigating Digital Health with a Value-Driven Approach, a joint report by the World Economic Forum and BCG, also launched today, underscores this urgent need for concerted collaboration on the scaling up of digital solutions to the triad of interconnected challenges straining health systems today: insufficient financial and human resources, the increasing burden of chronic diseases, and inequitable outcomes and access to care.

“This joint initiative marks a significant step towards harnessing the power of digital solutions and AI to elevate health outcomes, enhance efficiency, and bridge the gaps in access and care that exist in far too many countries,” said Torben Danger, global leader of BCG’s Health Care practice and a coauthor of the report. “Now is the moment for governments, health care system leads, and the private sector to intensify their efforts and establish the right conditions that not only allow digital, data, and AI solutions, but that enable them to thrive and transform global health care in an ethical and secure way.”

The Transforming Healthcare: Navigating Digital Health with a Value-Driven Approach report’s strategic framework outlines five overarching digital enablers that could expedite the sustainable transformation of healthcare systems and help ensure maximum impact for patients worldwide:

Data: Unlock the value of data which enables digital applications to create impact.
Tech and analytics: Build a strong tech and analytics foundation that can extract value from data.
Funding and incentives: Align incentives among stakeholders and ensure funding so digital can be scaled up for maximum impact.
Hybrid healthcare delivery: Strengthen digital capabilities and user design to facilitate implementation.
Regulations and policies: Develop fit-for-purpose digital regulations and policies.

[To share your insights with us, please write to sghosh@martechseries.com]

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nasscom Releases Early Insights on the State of Responsible AI in India: December 2023

AIT News Desk — Tue, 09 Jan 2024 12:39:24 +0000

Recognizing the imperative to harness the immense potential of Artificial Intelligence (AI) for both social and economic advancement while effectively mitigating associated risks, nasscom has released early insights on the state of Responsible AI (RAI) in India. Based on analyses of the data collected via a survey of 500+ senior executives from across large enterprises, SMEs and startups engaged in the commercial development and/or use of AI in India, the report highlights beliefs and perceptions of the tech industry about its key strengths and critical areas for improvement when it comes to compliance with the benchmarks for RAI adoption.

The escalating need for RAI among AI users and stakeholders is compelling industry leaders to invest in advanced RAI tools and strategies while emphasizing transparency in their AI practices. As businesses scale up AI maturity, they also tend to report higher RAI maturity. 60% of the surveyed businesses reported having either matured RAI practices and policies or having initiated formal steps towards RAI adoption. 30% reported having basic awareness of RAI imperatives without a formal strategy or framework. Developers are almost two times more likely than users to report higher levels of RAI maturity.

Large enterprises (with annual revenue > 250 crores) are 2.3 times more likely than start-ups and 1.5 times more likely than SMEs to report matured RAI practices. Moreover, a majority of businesses operating across key industries are progressing to achieve satisfactory levels of RAI maturity. Around two-third of businesses in sectors such as BFSI, TMT and Healthcare reported having either matured RAI practices or having initiated formal steps towards RAI adoption.

Workforce development remains central for businesses to ensure robust RAI implementation. As per the survey findings, 89% of businesses that reported matured RAI practices and policies also reported commitments to continue investments in workforce sensitisation and training for RAI compliance. While over 60% of businesses that reported lower levels of RAI maturity also reported commitments to improve compliance through investments in workforce sensitisation and training.

Recognizing the imperative to harness the immense potential of Artificial Intelligence (AI) for both social and economic advancement while effectively mitigating associated risks, nasscom has today released early insights on the state of Responsible AI (RAI) in India. Based on analyses of the data collected via a survey of 500+ senior executives from across large enterprises, SMEs and startups engaged in the commercial development and/or use of AI in India, the report highlights beliefs and perceptions of the tech industry about its key strengths and critical areas for improvement when it comes to compliance with the benchmarks for RAI adoption.

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Leopard Imaging showcases NVIDIA Isaac Nova Orin-Based Cameras at CES 2024.

PR Newswire — Tue, 09 Jan 2024 12:23:38 +0000

Leopard Imaging Inc. (Leopard Imaging), a global leader in intelligent embedded camera design and manufacturing, is going to showcase a Stereo Camera Hawk and a High Speed Camera Owl from Segway Robotics’ Nova Carter robot, powered by the NVIDIA AGX Orin-based AI Box, at CES 2024.

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Segway Robotics’ Nova Carter is an agile robot designed to proficiently execute tasks including surround perception, 3D mapping, and autonomous navigation. With Leopard Imaging’s Stereo Camera Hawk and High Speed Camera Owl, Nova Carter brings cutting-edge imaging solutions to diverse applications ranging from robotics and autonomous vehicles to healthcare and industrial automation.

At the heart of Leopard Imaging’s showcase is an Autonomous Mobile Robot (AMR) intricately designed to embody the synergy between the Hawk 3D Stereo Camera, Owl High Speed Camera, and Leopard’s NVIDIA Jetson AGX Orin-powered AI Box. This dynamic trio forms the backbone of a cutting-edge robotic system, bringing together state-of-the-art hardware and artificial intelligence to redefine autonomous mobility.

The Hawk 3D Stereo Camera takes center stage as a key component of Leopard Imaging’s innovation. With its depth-sensing capabilities, the Hawk empowers the robot with unparalleled object detection and obstacle avoidance capabilities. This translates to enhanced safety and efficiency, making it a game-changer in real-world applications such as material-handling, retail analytics, healthcare, and beyond.

A distinctive feature of Leopard Imaging’s showcase is the robot with a 360-degree surround view based on Owl cameras. This comprehensive visual perspective, facilitated by 3D cameras strategically placed on the robot, ensures optimal awareness of its surroundings. The result is a robot that can navigate through complex environments with precision and confidence.

Leopard Imaging’s AI Box, powered by the NVIDIA Jetson AGX Orin system on module, serves as the brain of the operation, housing a sophisticated artificial intelligence system. This system processes the wealth of data captured by the Hawk 3D Stereo Camera in real time, enabling intelligent decision-making and adaptive responses. The NVIDIA Jetson AGX Orin delivers powerful AI computing capabilities to help the AMR navigate through dynamic environments seamlessly. Leopard is also an Elite member of the NVIDIA Partner Network.

[To share your insights with us, please write to sghosh@martechseries.com]

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HD Hyundai to Showcase Xite Innovation Beyond Time and Space at CES 2024

Business Wire — Tue, 09 Jan 2024 12:15:38 +0000

A future construction site with autonomous technology will be presented at HD Hyundai’s booth (Exhibit 4517).
CES booth is twice the size of last year’s with future equipment activities to experience.
Portraying confidence of being at the forefront to transform the global market dynamic in the midst of a digital paradigm shift.
“Will continue to lead technological innovation to build infrastructure that will shape a more sustainable future for humanity.”

HD Hyundai will showcase its technological innovation for future infrastructure construction that goes beyond time and space at CES 2024.

“Our booth at CES 2024 will let people see and experience different smart construction solutions for future sites in one single place and showcase our expertise in technological innovation for infrastructure construction that will shape a more sustainable future for humanity.”

The company’s 10,994-square-foot booth, nearly twice the size of the booth at CES 2023, will be open Jan. 9–12 and is located in the Las Vegas Convention Center, Exhibit 4517 in the West Hall.

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The main theme HD Hyundai has set for this year is “Xite Transformation,” a site vision which aims to solve pressing challenges humanity is facing such as safety, security, supply chain issues, climate change and more. To demonstrate this vision, the company’s booth will be a living blueprint of what future construction sites will look like, including its proprietary autonomous technology.

The booth will highlight three main zones: Future Xite, Twin Xite and Zero Xite. An HD Hyundai expert will perform a remote control demonstration of a wheel loader located in Atlanta — nearly 2,000 miles from the Las Vegas Convention Center. Additionally, the booth will feature a remote control wheel loader simulator and a Virtual Reality Twin simulation where visitors can experience future construction sites in person.

A 60-foot-high, 15-foot-wide LED screen will display an autonomous job site that creates optimized operations and presents fleet and safe machine management features using analyzed site information collected through artificial intelligence (AI) and machine learning technologies.

A 15-foot-tall unmanned wheel excavator will greet visitors as they enter the booth. The excavator features a cabless design, a radar sensor and smart AAVM (All-Around View Monitoring) camera system that registers nearby obstacles and minimizes the potential for accidents while moving autonomously. It is also equipped with four individual wheels that enable the machine to climb steep hills and reduce the need for operators to work in harsh sites that may be potentially dangerous. These innovative enhancements designed with safety and efficiency in mind truly make the excavator a machine for the future.

With the technologies it is exhibiting at CES 2024, HD Hyundai is working to lead the construction industry by prioritizing opportunities in future technology fields like autonomous equipment that are still in the early stages of development.

HD Hyundai has been a top global player in advanced technologies and was the first to present 5G remote control across countries for construction equipment in 2018. In 2019, the company successfully demonstrated Concept-X, the comprehensive unmanned and automated construction site solution which oversees all operations at site from survey to fleet management.

A representative of HD Hyundai said, “Our booth at CES 2024 will let people see and experience different smart construction solutions for future sites in one single place and showcase our expertise in technological innovation for infrastructure construction that will shape a more sustainable future for humanity.”

HD Hyundai Vice Chairman and CEO Kisun Chung will give a keynote speech at CES 2024 on Wednesday, Jan. 10 at 9 a.m. The keynote will be given at the Venetian hotel in the Palazzo Ballroom on Level 5. HD Hyundai is the only Korean company to speak at this year’s keynote stage.

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[To share your insights with us, please write to sghosh@martechseries.com]

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AWS and Siemens Join Forces to Democratize Generative AI

PR Newswire — Tue, 09 Jan 2024 12:00:23 +0000

Siemens to integrate Amazon Bedrock into its Mendix low-code development platform to allow customers to create new and upgrade existing applications with the power of generative AI
Access to Amazon Bedrock’s advanced generative AI technologies will help customers accelerate digitalization and tackle skilled labor shortages
Mendix is an industry leader in low-code development with 50M end-users and more than 200,000 applications running on AWS across industrial, finance and other sectors

Siemens and Amazon Web Services (AWS) are strengthening their partnership and making it easier for businesses of all sizes and industries to build and scale generative artificial intelligence (AI) applications. Domain experts in fields such as engineering and manufacturing, as well as logistics, insurance or banking will be able to create new and upgrade existing applications with the most advanced generative AI technology. To make this possible, Siemens is integrating Amazon Bedrock – a service that offers a choice of high-performing foundation models from leading AI companies via a single API, along with security, privacy, and responsible AI capabilities – with Mendix, the leading low-code platform that is part of the Siemens Xcelerator portfolio.

“By integrating Amazon Bedrock into our low-code platform, we are democratizing generative AI technology and empowering everyone to create the applications customers need to become more competitive, resilient, and sustainable,” said Roland Busch, CEO of Siemens. “Making smarter applications without programming expertise accelerates innovation and helps companies to tackle skilled labor shortages.”

“Together, AWS and Siemens are empowering companies worldwide to create new capabilities, solutions, and value with generative AI,” said Adam Selipsky, AWS CEO. “This partnership builds on our 10-year relationship with Siemens, giving customers across all industries the flexible, customizable, secure environment they need to take advantage of new opportunities with generative AI.”

The combination will enable customers to select the generative AI model that best suits their specific use case and quickly and securely incorporate that model into their applications. This will make their development simpler, faster, and more efficient. Previously, when developers wanted to integrate generative AI models, they had to obtain access credentials, and write specialized function code. With the new Mendix-Amazon Bedrock integration, this can now be done with just a few clicks. Teams can create smart, industry-hardened applications without dedicated programming knowledge and users can interact with information easily via a graphical interface and the simplicity of a drag and drop commands.

This innovation allows Mendix customers to apply generative AI to drive productivity within their workforce. For instance, using generative AI, a factory worker can find machine documentation faster, generating relevant visualizations without a need to manually search a database, manuals, and records. A production engineer could also use generative AI to suggest machine adjustments to improve yield, and get suggestions on equipment adjustments, maintenance, or even spare parts to maximize a factory’s productivity. Customers do not need to build their own AI infrastructure and will be able to harness the power of their company’s data with the highest possible security and privacy, maintaining full control of their data.

Generative AI technology can supercharge applications with features like summarizing and analyzing lengthy technical or legal documents, translating content into different languages, or recognizing images. Financial businesses can integrate automatic fraud detection in their software, while workers in a car factory can improve quality based on AI analysis of millions of data points in the manufacturing line. With access to a choice of foundational models on Amazon Bedrock, users can easily select the best model for their specific task and integrate it with just a few clicks.

The collaboration expands on the long-established partnership between AWS and Siemens to help streamline the use of IT and cloud technology so it can be easily integrated in applications and machine workflows, making it seamless to engage with.

Today, more than 50 million end users worldwide work with more than 200,000 applications built with Mendix’s low-code platform, available as part of the Siemens Xcelerator portfolio. Low-code platforms are expected to grow substantially over the next years. The technology enables developers to create applications by drag and drop with reusable components and software building blocks, which means they can build more software faster and with smaller teams.

Amazon Bedrock is a fully managed service that offers easy access to a choice of industry-leading large language models and other foundation models from AI21 Labs, Amazon, Anthropic, Cohere, Meta, and Stability AI, along with a broad set of capabilities that customers need to build generative AI applications—simplifying development while supporting privacy and security. Users can also apply Guardrails to filter undesired content, adhere to responsible AI policies, or finetune their models using Knowledge Bases for Amazon Bedrock to give contextual information from private data sources and more relevant, accurate, and customized responses. The Mendix-Amazon Bedrock integration complements AWS’s other generative AI services, like Amazon CodeWhisperer, a machine learning (ML)–powered service that helps improve developer productivity by generating code recommendations based on developers’ comments in natural language and their code. Together, the services extend the benefits of generative AI to developers and enterprise users regardless of their programming abilities.

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[To share your insights with us, please write to sghosh@martechseries.com]

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Artificial intelligence Archives - AiThority

Reputation Appoints New CTO To Spearhead AI Product Innovation

Calabrio Enhances Customer Experience With Wysdom AI Acquisition

AppsFlyer Unveils Cutting-Edge AI Solution for Elevating Marketing Campaign Creativity and Performance

Xaba Raises $ 2Million for Intelligent Self-Programming Robots in Manufacturing

Thoughtworks Looking Glass Report Spotlights Strategy, Security and Responsibility in AI Solutions

New Global Initiative to Advance Digital and AI-Driven Transformation of Healthcare Systems

Digital transformation and new tech tools can provide scalable solutions to systemic challenges straining global healthcare system, new research finds

New World Economic Forum Digital Healthcare Transformation Initiative, launched in collaboration with Boston Consulting Group will accelerate public-private collaboration on digital health, data, and artificial intelligence

New report by the World Economic Forum and BCG highlights how five critical enablers could revolutionize healthcare and counter the interconnected challenges it is facing globally

nasscom Releases Early Insights on the State of Responsible AI in India: December 2023

Leopard Imaging showcases NVIDIA Isaac Nova Orin-Based Cameras at CES 2024.

HD Hyundai to Showcase Xite Innovation Beyond Time and Space at CES 2024

A future construction site with autonomous technology will be presented at HD Hyundai’s booth (Exhibit 4517).

CES booth is twice the size of last year’s with future equipment activities to experience.

Portraying confidence of being at the forefront to transform the global market dynamic in the midst of a digital paradigm shift.

“Will continue to lead technological innovation to build infrastructure that will shape a more sustainable future for humanity.”

AWS and Siemens Join Forces to Democratize Generative AI

Siemens to integrate Amazon Bedrock into its Mendix low-code development platform to allow customers to create new and upgrade existing applications with the power of generative AI

Access to Amazon Bedrock’s advanced generative AI technologies will help customers accelerate digitalization and tackle skilled labor shortages

Mendix is an industry leader in low-code development with 50M end-users and more than 200,000 applications running on AWS across industrial, finance and other sectors