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Category: Internet of Things

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Cloud Computing Internet of Things Machine Learning

13 Smart Areas AI Can Be Used For In Almost Any Business

5 min read

Artificial intelligence (AI) is a buzzword that most business owners have already heard of, even if they haven’t researched the technology deeply. AI has the potential to change the face of business in fundamental ways. Because of its innate flexibility, AI presents a wide range of potential applications that almost any business can leverage to make itself more efficient.

There are already companies that have started using AI to make their processes more productive and reduce their costs for both material sourcing and labor. Thirteen experts from Forbes Technology Council take a look at how the smartest business owners of today are employing AI and how it helps those businesses succeed at what they do.

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Internet of Things Machine Learning On That Note

How Algorithms Shape Our World

1 min read

We live in a world run by algorithms, computer programs that make decisions or solve problems for us. In this riveting, funny talk, Kevin Slavin shows how modern algorithms determine stock prices, espionage tactics, even the movies you watch. But, he asks: If we depend on complex algorithms to manage our daily decisions — when do we start to lose control?

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Cloud Computing Internet of Things Machine Learning

Oracle Builds Layers Of ‘IT Autonomy’ To Reduce Human Error

7 min read

Sometimes people get ill because something goes wrong with their body. Very often, the body self-heals by directing regulatory controls to rectify and normalize the thing that is making you feel poorly. This is the body’s autonomic nervous system and its actions are carried out while the human being is largely unconscious of events taking place. When an illness can’t be rectified autonomically, you take medicine, or go to the doctor.

Sometimes, computers go wrong too.

Rather than calling a doctor, we usually call an IT support engineer or attempt to reinstall and ‘patch’ the software code issues causing the performance defect to occur. Increasingly though, through the use of Machine Learning (ML) and an ability to codify best-practice methods for addressing software performance scenarios, we are able to allow software systems to self-heal in much the same way that the body flushes out problems. This is called autonomic computing and it happens while the human being (let’s call them the ‘user’) is largely unconscious of events taking place.

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Cloud Computing Internet of Things Machine Learning

Can Artificial Intelligence [AI] Save Our Oceans? Let’s Start With The Data

8 min read

Scientists have noted that even if we were to halt all of our fossil fuel activity today, we are still on track to lose 90% of the ocean’s corals by 2050. Coral is the ocean’s life system and without it, we will soon also have an ocean without life.

In spite of the terrible news, there are some glimmers of light and hope spots that we can point to, especially in the areas of AI for the benefit of the ocean. This will be the first in a series of articles that puts a spotlight on the top innovators and innovations that are using the power of technology, and specifically AI to restore and regenerate our precious oceans.

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Cloud Computing Internet of Things Machine Learning

Accelerating Sumitomo Mitsui Banking Corporation’s (SMBC) Data-Driven Culture With AutoML 2.0

6 min read

Data science is a major area of investment for banks due to its proven impact on operations such as fraud protection, risk mitigation, customer relationship management, and more. But while investments in AI are growing, banks are often finding that their existing analytics and business intelligence technology and talent aren’t capable of meeting their current and expanding needs. Challenges in resources, technology infrastructure, and the ability to operationalize models quickly and efficiently can prevent financial institutions from fully leveraging AI and data science to drive business impact.

These challenges, paired with the need to remain competitive in a quickly evolving market, compelled the Sumitomo Mitsui Banking Corporation (SMBC) to seek out innovative solutions to help it maximize its AI and machine learning (ML) investments.

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Internet of Things Machine Learning On That Note

How Artificial Intelligence [AI] Can Save Our Humanity

1 min read

AI is massively transforming our world, but there’s one thing it cannot do: love. In a visionary talk, computer scientist Kai-Fu Lee details how the US and China are driving a deep learning revolution — and shares a blueprint for how humans can thrive in the age of AI by harnessing compassion and creativity. “AI is serendipity,” Lee says. “It is here to liberate us from routine jobs, and it is here to remind us what it is that makes us human.”

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Cloud Computing Internet of Things Machine Learning

Stitch Fix: A Useful Case Study For Retail’s Digital Transformation

5 min read

The remarkable thing about Stitch Fix, though, isn’t its business model, which blends digital with a healthy bit of reality. It’s the company’s use of algorithms across essentially every single facet of the company. When it comes to data, Stitch Fix is doing it well, and there are a lot of things all companies—not just retail—can learn from it. The following are just a few of my favorite takeaways.

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Cloud Computing Internet of Things Machine Learning Social Media Marketing

Top 5 Digital Transformation Trends In Retail For 2020

7 min read

Each year, I take a look at the major digital transformation trends hitting every industry. Next up are the big digital transformation trends in retail for 2020.

Before getting into this year’s trends, I want to go over some of the hits and misses we chose for 2019. While we did see major and necessary improvements in omni-channel retail and AI/cognitive computing, I’d say we still have some work to do with cardless checkout and smart beacons. Yes, those technologies are still percolating and will likely continue to mature in the coming year. But for 2020, I see some more significant trends moving the industry forward.

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Cloud Computing Internet of Things Machine Learning

Former Google HR Chief Laszlo Bock Aims To Revolutionize People Management With Humu

16 min read

Laszlo Bock is one of the most famous heads of Human Resources ever. Part of this is that he lead HR at Google, and he initiated a number of innovative practices, many of which were captured in his book, Work Rules!: Insights from Inside Google That Will Transform How You Live and Lead.

Part of the reason why other HR execs have not become household names is that companies do not think of HR as being as strategic as they should, and therefore the Chief Human Resources Officer is not on an equal footing with the other “chiefs.”

Two and a half years ago, Bock co-founded a company, Humu, that helps CHROs among other executives ensure that teams are as productive and as happy as possible. He has leveraged his experience at Google and GE before that along with the work of prominent academics to develop what Humu refers to as “nudges” or reminders, timed at just the right time to impact behaviors in a positive fashion. Bock describes the genesis of Humu, the technology behind these nudges, and the impact he intends make at companies large and small as a result of Humu. Ultimately, he believes that we are on the cusp of a revolution in human resources akin to the operations and manufacturing revolutions of a century ago.

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Internet of Things Machine Learning On That Note

How Artificial Intelligence [AI] Can Enhance Our Memory, Work And Social Lives

1 min read

How smart can our machines make us? Tom Gruber, co-creator of Siri, wants to make “humanistic AI” that augments and collaborates with us instead of competing with (or replacing) us. He shares his vision for a future where AI helps us achieve superhuman performance in perception, creativity and cognitive function – from turbocharging our design skills to helping us remember everything we’ve ever read and the name of everyone we’ve ever met. “We are in the middle of a renaissance in AI,” Gruber says. “Every time a machine gets smarter, we get smarter.”

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Cloud Computing Cyber Security Internet of Things

How To Make $1 Million From Hacking: Meet Six Hacker Millionaires

7 min read

Who wants to be a hacking millionaire? For most technically competent folk starting on a cybersecurity career path the pull of a million-dollar hacking payday is tempered by the threat of a lengthy spell in jail should they get caught.

Or at least it is if your idea of a hacker is someone who breaks into stuff illegally. I call those people criminals, threat actors and, to be honest, pretty dumb. After all, there’s plenty of money to be made uncovering vulnerabilities and generally making the data-driven world we live in a little bit safer, all without breaking the law.

Apple has offered $1 million (£820,000) to anyone who can hack the iOS kernel of an iPhone without requiring any clicks by the user. Exploit acquisition platform Zerodium, meanwhile, is offering $2 million (£1.6 million) for anyone who can pull of a “zero-click” remote jailbreak of an iPhone. In the meantime, six hackers on the HackerOne bug bounty platform have now made more than $1 million each.

Here’s how they did it.

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Internet of Things Machine Learning

How IoT And AI Can Enable Environmental Sustainability

6 min read

Leveraging AI and IoT for environmental sustainability can help maximize our current efforts for environmental protection. According to a 2018 report by Intel, 74% of 200 business decision-makers in environmental sustainability agreed that AI would help solve environmental problems.

As a society, we continue to face enormous environmental challenges. The use of AI and IoT for environmental sustainability is proving to be one of the most useful tools in our fight for environmental balance. Business organizations can implement IoT and AI in their processes to act more responsibly towards the environment.

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