The Future of Automotive Industry: How Computer Vision Is Changing the Game
Digital transformation in the automotive industry is at an all-time high. And while IoT and automation are probably the most widely adopted, the scope for machine learning (and Computer Vision in particular) is just as high. From minimizing production errors to improving manufacturing output, machine learning is quickly becoming the ideal technology to get things moving skywards. […]
Identifying Business Processes for AI Implementation: A Guide
According to the Global AI Implementation Index survey conducted by IBM, in 2022, at least 35% of businesses were implementing AI in one or more ways in their operational processes. Many businesses, including private and public enterprises, are considering or implementing AI to drive digital transformation. This is because of the manifold uses of AI, which vary […]
The Role of 5G in Advancing the Connected Vehicle Ecosystem
A study by Juniper Research reveals that by 2027, 5G will be accounting for about 23% of the total global automotive cellular connections. As it stands, the constant evolution of the IoT industry has led automotive companies to: Gartner outlines that connected cars will provide the most extensive market for 5G IoT in 2023, representing about 53% of […]
How To Future-Proof Your AI Adoption Strategy
It is not news that AI adoption is accelerating across industries. In 2018, McKinsey outlined how 58% of business organizations invested at least 10% of their budget in AI-based techniques and tools. In 2022, Venture Beat stressed that around 70% of the organizations were spending $1 million on AI…
Have You Explored the Power of Databricks for Your AI Initiatives?
To propel the enterprise to new heights, it is essential to fully embrace the power of AI. However, not all AI solutions are created equal. Leveraging an effective solution that can rapidly analyze, interpret, and extract valuable insights from an ever-growing data pool is paramount…
What Is Connected Vehicle Technology and Why It Is the Future
A decade ago, the digital revolution was being driven forward primarily by smartphones. From eCommerce to banking, every major consumer business came out with its own dedicated smartphone app to remain competitive. But over the years, the digital economy expanded to more devices outside of the smartphone spectrum…
Data Science + AI – Working Together to Create the Magic
Data science and artificial intelligence (AI) are two of the most influential technological fields today, with far-reaching business and societal implications. While data science is a multidisciplinary field that focuses on extracting insights and knowledge from data, AI enables machines to perform tasks that otherwise require human intelligence…
What Is LiDAR and What Is Its Role in Autonomous Vehicles
Autonomous driving vehicles have been a focus area for investments not just in the automobile industry but also from renowned names in the tech world. While mainstream self-driving vehicles are already dotting the roads in major cities worldwide, their degree of maturity is still not universally accepted…
7 Skills You Need to Be an Ace AI Engineer
Artificial intelligence, or AI, is taking off like wildfire. From marketing to entertainment, every industry is relying on AI to take innovative solutions to the next level. According to a report, the AI market is expected to grow at a CAGR of more than 38% by 2030 and reach $1,597.1 billion…
What Is AIoT and Why Should Manufacturing Companies Care?
Move over IoT. The latest innovation in the world of sensors and connected things is here, and it’s called AIoT. Combining the power of Artificial Intelligence with the Internet of Things, AIoT is set to build the foundation of intelligent analysis. Reports expect the global AIoT market …