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Advancements in AI Revolutionising the Future

Artificial Intelligence (AI) is the futuristic technological frontier that has made a phenomenal transformation over which the companies and nations are vying for control. AI may be the most significant social and economic shift of the last hundred years. The changes that are coming in various industries enabled with AI are just the tip of the iceberg. What is yet to come is nothing short of an unimaginable development which the world will be witnessing. The AI evolution is already impacting the entire economy since they will eventually become an integral part of many aspects of our lives in a meaningful and genuinely ubiquitous way. AI has far more opportunities and advances for growth even though at the moment there [...]

By |2019-02-09T15:30:00+05:30February 9, 2019|AI, Blogs, Technology|Comments Off on Advancements in AI Revolutionising the Future

Artificial Intelligence Benefits and Challenges – A double-edged Promise:

Artificial Intelligence (AI), Deep Learning, and Machine Learning are all related technologies that are revolutionising the world, and right from countering terrorism to space exploration or for its innovations and breakthroughs in the industry has made great leaps for both better or worse. One of the significant challenges in AI is an 'alchemy' which has technological reasoning. However, many people's expectation of AI that originates it as sci-fi and experts claim that the AI is a danger to humanity and AI will become superior to humans and could ultimately replace human beings. A power struggle between "Man vs Machine." AI is designing machines which can think. It is the intelligence of machines. The discussions however about the significance of AI [...]

By |2023-09-14T10:35:05+05:30February 8, 2019|AI, Blogs, Technology|Comments Off on Artificial Intelligence Benefits and Challenges – A double-edged Promise:

Artificial Intelligence an “Alchemy”

John McCarthy first coined the term "Artificial Intelligence" (AI) in 1956 at the Dartmouth Conference along with four other founding colleagues - Marvin Minsky, Oliver Selfridge, Ray Solomonoff, and Trenchard More. The original definition and concept of AI according to John McCarthy is "Every aspect of learning or any other feature of intelligence can in principle be so preciously described that a machine can be made to simulate it. An attempt will be made t find how to make machines and concepts, solve kinds of problems now reserved for humans, and improve themselves." What it simply means is that AI is a term for "simulated intelligence" in machines. The machines are programmed to mimic the cognitive functions of the human [...]

By |2019-02-07T15:30:41+05:30February 7, 2019|AI, Blogs, Technology|Comments Off on Artificial Intelligence an “Alchemy”

Blockchain in FSI’s Ifs and Buts!

Blockchain technology is called the next stage of the Internet. The blockchain is a global, decentralised online database or distributed ledger that provides a way to record and transfer data that are transparent, safe, auditable, and resistant to outages, that anyone with an internet connection from anywhere in the world can use. Blockchain can make the organisations that use it open, democratic, decentralised, efficient, and secure. The blockchain has social perceptions strongly related to bitcoin and other cryptocurrencies. Most people view blockchain as something intellectual for tech-savvy cyber criminals for anonymous black-market transactions or people who are anti-government, against the centralisation of financial regulative authorities. The emerging reality is that blockchain has applications that are far beyond cryptos, and as [...]

By |2019-02-04T15:27:32+05:30February 4, 2019|Blogs, IoT, Technology|Comments Off on Blockchain in FSI’s Ifs and Buts!

Robotics Revolution: Man vs Machine – Case Study on Japan

The idea of 'Automata' originates from the mythologies of many cultures across the globe. Early inventors and engineers from ancient civilisation such as Greek, Chinese, or Ptolemaic Egyptian attempted to develop a self-operating or automated machine resembling the humans and animals. The term 'Robot' comes from the Czech word "Robota" refers to "Forced Work or Labor" was first used to refer the word 'Artificial Automata' in a 1920 play R.U.R (Rossum's Universal Robots) by the Czech interwar writer 'Karl Capek.' In 1928, one of the first 'Humanoid Robots,' invented by W.H.Richards delivered a speech in the annual event of the 'Model Engineers Society' in London. The brief history resonates that 'Robots' are not a new innovation but is a 'Thinking [...]

By |2019-02-01T15:30:01+05:30February 1, 2019|Blogs, IoT, Technology|Comments Off on Robotics Revolution: Man vs Machine – Case Study on Japan

Blockchain Choking Hazard

Blockchain technology has radically transformed and gained traction in the capital markets industry as one of the most revolutionary technological developments in the recent history. The last few decades was about the 'Internet of information.' Now the internet is entering an era based on the blockchain. The industry is witnessing the rise of 'Internet of Value.' In the era of the Internet of Information, the industry experienced the convergence of computing and communications technologies, while the Internet of Value will be powered by a smart combination of mathematics, cryptography, software engineering and behavioural economics. The blockchain technology which is also called the distributed ledger technology promises to disrupt industries by challenging how we define value, structure society and reward contribution. [...]

By |2023-09-14T10:35:04+05:30January 28, 2019|Blockchain, Blogs, Technology|Comments Off on Blockchain Choking Hazard

Top Ten Technological Disruptions of 2018 Contd – Part II

Ten most disruptive technological breakthroughs of 2018 - A Year in Review 6. Internet of Things (IoT) become Intelligent: IoT in 2018 saw several key developments such as the intensification of the data revolution, the mass adoption of IoT platforms across businesses and the recognition of significant security challenges in IoT solutions. Connected devices or things numbers doubled in 2018 to 20 billion IoT devices across the globe. Hundreds of IoT start-ups received billions of dollars in funding. World organisations and Government adopt the disruptive IoT innovations in Smart Manufacturing in the context of Industry 4.0 revolution. According to Forrester Wave, more than 60 per cent of businesses and decision makers are already using or planning to use IoT-enabled software [...]

By |2024-03-31T15:57:27+05:30January 8, 2019|Blogs, Featured, Technology, Technology News|Comments Off on Top Ten Technological Disruptions of 2018 Contd – Part II

Cloud Computing Technology Challenges

Every transformation comes embedded with it, a set of underlying challenges. Today, every industry is increasingly becoming technology driven at its core more than ever before, and it is believed that most innovative technologies are revolutionising the data centre, modernizing the digital workplace and building bridges into the world of Hybrid or Multi or Serverless Cloud which are the next-generation cloud computing platforms. Cloud technology platform is creating ever-growing business opportunities that are radically different and new which can be built provided we discard what we know, how we even think or operate in every aspect of the enterprise not limited to just IT. It simply means, either you 'Transform or Die.' The legacy data centres are not going to [...]

By |2019-01-04T15:30:27+05:30January 4, 2019|Blogs, Technology|Comments Off on Cloud Computing Technology Challenges

Cloud Computing Futures

In my last article, I discussed the evolution of Cloud Computing technology and how Cloud has been a paradigm shift for the Digital Transformation. Cloud provides the businesses with unheralded flexibility while offering them greater versatility and inexpensive solutions for managing the IT systems, where the technological developments are happening at a phenomenal pace and dynamic than ever before. Cloud Computing has already permeated every facet of online activity. The burgeoning of the Internet of Things (IoT) and Connected devices are transforming the future of cloud technology. It is estimated that by 2025 the 'Datasphere' would grow to an incredible 163ZB, that is over a trillion gigabytes. With such an enormous amount of data being generated, the data needs to [...]

By |2019-01-02T15:30:42+05:30January 2, 2019|Blogs, Technology|Comments Off on Cloud Computing Futures

Top Ten Technological Disruptions of 2018 – Part I

Ten most disruptive technological breakthroughs of 2018 - A Year in Review  1. Artificial Intelligence (AI) and Machine Learning (ML):  The ability to automate business practices or reinvention of business models and ecosystems, definitive decision making, and redefining the customer experience, are the few things that can be compared to the potential of AI.  More than eight per cent of the businesses opines that AI is a strategic priority for the future of their organisation's growth and is driving the greatest business transformation in the industry. According to Gartner, 59% of the organisations are hard at work to build their AI strategy while many others are adopting AI programs or piloting. Google demonstrated that it could teach the bot (AlphaZero) to learn [...]

By |2018-12-31T15:30:28+05:30December 31, 2018|Blogs, Featured, Technology, Technology News|Comments Off on Top Ten Technological Disruptions of 2018 – Part I
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