Automation
Reasons Pointing Towards a Real Estate Market Bubble
The rising interest rate isn’t the only factor affecting the housing market. The Fed also points to inflation, Covid-19-related supply-chain disruptions, and aggressive home buying by investors. Is the housing market experiencing a bubble? Here are some of the possible reasons. Rising interest rates While the housing market remains hot and buyers’ demand is still…
AI in 2020: No Increase in Adoption But Far From Stalled
There has not been an increase in the adoption of artificial intelligence but some companies are capturing value from the frontier technology at the enterprise level and many are generating revenue and reducing costs at least at the function level, says McKinsey & Company. According to the results of this year’s McKinsey Global Survey on…
9 New Automation Projects Focused on U.S. COVID-19 Recovery
Technology has played a critical role in helping us adapt to the maelstrom of disruption caused by the coronavirus pandemic and the new realities of daily life. Amongst all technological innovations, automation has proved to be a major optimization lever reshaping industries across the globe. The trust of businesses in the power of automation is…
Five Trends That Can Propel ASEAN’s Growth in Post-Corona Era
The coronavirus pandemic hit Asia first, but its countries including emerging ASEAN—Indonesia, Malaysia, Philippines, Thailand, and Vietnam—have to date recorded considerably lower transmission and fatality rates per capita than other regions in the world. “As of August 20, 2020, transmitted cases per million people stood at approximately 582 across emerging ASEAN countries compared with 16,737…
What Are the Main Imperatives for Automation Success?
Prioritizing automation has become even more important to enable success and organizations that effectively automate business processes follow a few common practices, according to McKinsey & Company. Findings from the second McKinsey Global Survey conducted just before the COVID-19 pandemic, suggests that more companies are pursuing automation now than two years ago. “Two-thirds of respondents…
Increased Automation of Production is Fueling Demand for Automated Guided Vehicles
A report by the Office of National Statistics of the United Kingdom predicted that close 1.5 million Brits could lose jobs to automation. According to the report, improved functionality of automated guided vehicles (AGVs) could enable them to work as waiters, bar staff, and even shelf fillers. Although such news might paint a bleak picture of what…
How to Implement AI Into Your Business
We met with Jean-François Gagné, the CEO at Element AI, a global AI software provider that aims to solve real-world problems. Jean-François Gagné has made a name for itself in the field of artificial intelligence. Element AI is not Gagné’s first enterprise. He launched his first company at 20, selling it years later to create…
How Artificial Intelligence Revolution Is Disrupting Manufacturing Industry
In the past few years, Artificial Intelligence has been one of the technologies that are growing fast and disrupting almost every sector. Implementation of AI is very vital in defining future growth in various industries and manufacturing will be the most impacted on the industry. Countries and several businesses across the globe have been trying…