Monthly Archives: January 2021

Amazon Web Services opens first office in Greece – Reuters

Posted: January 15, 2021 at 1:42 pm

FILE PHOTO: The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

ATHENS (Reuters) - Amazon Incs cloud computing division opened its first office in Greece on Friday to support what it said was a growing number of companies and public sector agencies using its cloud services.

The move by Amazon Web Services (AWS) comes as Prime Minister Kyriakos Mitsotakiss conservative government has stepped up efforts to attract foreign investment and draw high tech companies to Greece.

We have seen increased customer adoption of AWS in the country and decided to open an office in Athens to better support new customers, Przemek Szuder, the head of AWS operations in central and eastern Europe said in a statement.

No financial details were disclosed.

AWS already provides cloud computing services to companies and organisations in Greece including telecoms group Wind Hellas, PAOK FC, one of Greeces top football clubs, and a number of public sector organisations, the group said.

It said services covered areas from big data analytics and mobile, web and social media applications to enterprise business applications and the internet of things.

In October, when Microsoft Corp announced plans to build a data centre hub in Greece, Mitsotakis said the country could become a world cloud computing hub.

Reporting by James Mackenzie. Editing by Mark Potter

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Strategy behind this retailers cloud migration journey – ETCIO.com

Posted: at 1:42 pm

As important it is for businesses to embark on their cloud journeys today, it is equally important to plan and strategize it. Implementing cloud is one of the biggest changes that the company goes through and it could be a smooth process if strategized well.

In conversation with ETCIO, Vasanth Kamatgi, CTO, Ferns N Petals, shares the strategy behind the companys move to cloud computing.

We - FNP CET (Center of Excellence in Technology) were given the responsibility to forcefully impact the bottomline and growth of FNP. We decided to adopt four main goals towards this end - cost, resourcefulness, simplified and highly secure platform as the means of achieving that goal. One factor that precipitated this entire episode was the amount of time and energy being spent in administering the set of dedicated servers during various business peaks, Kamatgi said.

We had a strong belief (ne, myth) at that time that dedicated hosting was the best option to ensure performance. And the cost of administering the infrastructure, was a necessary evil. We went through various benchmark tests on cloud to understand how it may impact the speed of the system. Most critical parameter was - low latency during peak. Through the varied experiments that we conducted, with the help of our cloud provider, we could demonstrate ways of overcoming latency on cloud by creating a setup that is cost effective and scalable on demand utilizing capabilities of caching and CDN which was already part of our application architecture, he explained.

Kamatgi believes that the journey from proposal to realization was not an easy one. With every aspect of the companys e-commerce application setup certain to be impacted, it was both a challenge and learning experience.

The company concluded that it should go big bang in terms of setup, but release with circumspect. This approach allowed them to measure vitals and enabled them to react on failures, apply the fix - tune until convinced - with a deadline and scope in mind. While this strategy made the companys Infra (ops) team learn the dynamics, the team could create a successful internal training program to bring everyone to this new expedition.

We let people experiment on the cloud, as the cost of experimentation is significantly less (compared to non-cloud), and in certain cases sponsored by the provider. This resulted in budgets being available to ops engineers, which enabled them to learn fast and fail fast, he said.

Prima facie the cloud enabled us to replicate environments, viz., add compute, add storage, with the click of a button. This made the system breathe easy. This changed the thought process of solutioning. We kept introducing simplified solutions, experimented at speed of thought - and all this was achieved with lesser effort, he added.

One classic solution FnP applied was on the RDBMS architecture - separating Reads and Writes on the database. The company was able to isolate critical DB Writes and execute them on a fail-safe service instance. And DB Reads were distributed across replicated slave instances, which could be scaled up or down independently during load surges.

Spinning up servers on-demand, automating, fault tolerant configurations have been included as default. This allowed the team to sleep peacefully during a load surge. We could also create more cache layers by context ensuring they enhance speed and automated the processes of clearing stale data to be time critical on updates to all systems. In essence, cloud computing gave us many advantages in terms of cost savings, security, flexibility, mobility, quality control, sustainability and competitive edge, he said

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Global Cognitive Cloud Computing Market to Garner Revenue of $108,788.7 Million in 2019 to 2027 – [240 pages] Exclusive Report by Research Dive -…

Posted: at 1:42 pm

New York, USA, Jan. 11, 2021 (GLOBE NEWSWIRE) -- According to a report published by Research Dive, thecognitive cloud computing market is expected to cross the $108,788.7 million mark by 2027, from a significant market size of $11,530.0 million in 2019, with a healthy CAGR of 31.3%. This report elaborates about the present condition of the market and includes features like growth aspects, market dynamics, hurdles and challenges, restraints, and plausible opportunities in the forecast period. The report also highlights market figures; thus making it simple and beneficial for the novel market players to comprehend the overall market situation.

Download Sample Report of the Global Cognitive Cloud Computing Market and Reveal the Market Overview, Opportunity, Expansion, Growth and More: https://www.researchdive.com/download-sample/2800

Market Dynamics

Benefits associated with cognitive cloud computing such as synthesizing data from natural language processing, data mining, and pattern recognition is the driving factor for the market. Moreover, usage of cognitive cloud computing by various end-users and role of artificial intelligence in cognitive cloud computing is predicted to promote the market further. Apart from this, OTT sectors prefer cognitive cloud computing for delivering high quality video content is also anticipated to increase the market growth. These all factors are fueling the market growth in the forecast period.

Check out How COVID-19 impacts the Global Cognitive Cloud Computing Market. Click here to Connect with our Analyst to get more Market Insight: https://www.researchdive.com/connect-to-analyst/2800

However, high costs involved in incorporating cognitive cloud computing is hindering the market growth in the forecast period. On the other hand, various interactive platforms like Chatbots and innovative tools will create opportunities for the market.

Impact of the Covid-19 Crisis on Cognitive Cloud Computing Market

The Covid-19 pandemic has affected the market in a positive way as natural language processing (NLP) technique is gaining significance in the pharmaceutical and healthcare sectors during the pandemic. This NLP technique is supporting all scientists and healthcare professionals for carrying out their duties in the Covid-19 outbreak.

Furthermore, the NLP technique helps clinicians to monitor patient population by picking up virus symptoms at real-time basis. Beyond this, this technique is considered as useful in treating diseases, thus enhancing the demand of NLP in the healthcare sector. All these aspects are creating growth and development of the market during the Covid-19 crises.

Access Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: https://www.researchdive.com/covid-19-insights

The report divides the market into segments based on technology, enterprise size, industry vertical and regional analysis.

Natural Language Processing Technology Sub-Segment to Garner Significant Growth Rate

This sub-segment is predicted to harbor considerable growth rate of 32.2% in the estimated timeframe. The feature of NLP technology to interact with humans at real time basis and adoption of NLP by various industry verticals is predicted to drive the market in forecast period. Furthermore, additional abilities such as content extraction, text-to-speech, and content categorization will further boost the market. All these factors are fueling the market growth.

Large Enterprises Sub-Segment to be the Most Lucrative

The large enterprise sub-segment is anticipated to reach $73,711.1 million by 2027, from a healthy market size of $8,069.0 million in 2019. The major reason driving the market is utilization ofcognitive computing techniques by large enterprises for employees who are dealing with complicated descion making processes.

Healthcare Sub-Segment to Generate Maximum Growth Rate

The healthcare sub-segment is predicted to grow with a notable CAGR of 32.5% in the analyzed timeframe. The use of cognitive computing techniques for aiding healthcare practitioners in treating diseases is considered as the main factor for propelling the market growth.

Regional Analysis

North American region is anticipated to dominate the market in the estimated timeframe, mainly due to significant revenue of $3,849.9 million in the previous years. Well development economies of the U.S.A, and Canada is opening doors to many technologies. These technologies are widely accepted by businesses for modernizing their activities. These factors are driving the market in the estimated forecast period.

Check out all Information and communication technology & media Industry Reports: https://www.researchdive.com/information-and-communication-technology-and-media

Key Players and Business Strategies

Nuance Communications, Inc. SparkCognition Numenta Cisco Microsoft SAP CognitiveScale Hewlett Packard Enterprise Development LP EXPERT.AI IBM

These prominent businesses are opting for several strategies that include partnerships and collaborations, acquisitions, and expansion of businesses to achieve a competitive edge in the cognitive cloud computing industry worldwide.

The report consists of various facets of all the vital players that are operative in the market such as financial performance, product portfolio, present strategic moves, major developments and SWOT. Click Here to Get Absolute Top Companies Development Strategies Summary Report.

TRENDING REPORTS WITH COVID-19 IMPACT ANALYSIS

Post Production Market:https://www.researchdive.com/covid-19-insights/195/post-production-marketGaming Simulator Market:https://www.researchdive.com/covid-19-insights/210/global-gaming-simulator-marketEnterprise Data Management Market:https://www.researchdive.com/167/enterprise-data-management-market

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Impact of COVID-19 on Healthcare Cloud Computing Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027 | CareCloud Corporation,…

Posted: at 1:42 pm

Healthcare Cloud Computing Market research report is the new statistical data source added by A2Z Market Research.

Healthcare Cloud Computing Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.

Healthcare Cloud Computing Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

Get the PDF Sample Copy (Including FULL TOC, Graphs and Tables) of this report @:

https://www.a2zmarketresearch.com/sample?reportId=64892

Note In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

Top Key Players Profiled in this report are:

CareCloud Corporation, ClearData Networks, Athenahealth, Cerner Corporation, Epic Systems Corporation, NextGen Healthcare, Carestream Corporation, Dell, DICOM Grid, INFINITT Healthcare, Sectra AB, Merge Healthcare, Siemens Healthineers, iTelagen, NTT DATA Corporation, Nuance Communications, Ambra Health.

The key questions answered in this report:

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Healthcare Cloud Computing market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Healthcare Cloud Computing markets trajectory between forecast periods.

Regions Covered in the Global Healthcare Cloud Computing Market Report 2021: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The cost analysis of the Global Healthcare Cloud Computing Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Healthcare Cloud Computing market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Healthcare Cloud Computing market.

Table of Contents

Global Healthcare Cloud Computing Market Research Report 2021 2027

Chapter 1 Healthcare Cloud Computing Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Healthcare Cloud Computing Market Forecast

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Impact of COVID-19 on Healthcare Cloud Computing Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027 | CareCloud Corporation,...

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Ping An Uses Artificial Intelligence to Drive New ESG Investment Strategies – PRNewswire

Posted: at 1:42 pm

HONG KONG and SHANGHAI, Jan. 14, 2021 /PRNewswire/ -- The Ping An Digital Economic Research Center (PADERC), a member of Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318; SSE:601318), has created four new investment strategies for environmental, social and corporate governance (ESG) investing using Ping An's proprietary CN-ESG data for China A-shares, in light of surging demand in China for ESG ratings and data with wider coverage and a better fit for China's market.

Ping An ESG framework aligns with international standards and Chinese regulations

The investment strategies detailed in the report, "Applications of Ping An CN-ESG Data and Framework in Quantitative Investment Strategy", use the proprietary CN-ESG database and scoring framework developed by the Ping An Group. Ping An was the first asset owner in China to sign the United Nations Principles for Responsible Investment. The framework leverages Ping An's expertise in finance and technology and aligns with international standards as well as guidelines from Chinese regulators to incorporate material topics for Chinese companies.

With technologies such as web crawlers, data mining, machine learning, knowledge graphs, natural language processing (NLP) and satellite remote sensing, the CN-ESG system can verify ESG disclosure-based data as well as mine non-disclosure-based data to provide investors with richer multi-dimensional information.

PADERC's report provides an in-depth analysis on the data characteristics, effectiveness, and strategy back-testing results of the CN-ESG database and scoring framework, which covers more than 3,900 listed companies in the China A-share market with five years of historical data (2015-2019). The framework can provide quarterly results that are further adjusted based on news sentiment scores in real-time compared to annual or semi-annual updates from most ESG rating providers.

ESG factors independent of financial factors

PADERC found the Ping An's CN-ESG scores among A-share companies is close to a normal distribution. The factor correlation test results show that scores have notable performance of quality factors. The overall correlation between CN-ESG factors and traditional financial factors is generally low, showing high levels of independence of ESG factors, which indicates these can provide new data and viewpoints for investment decisions.

The results of the factor layered test show that Ping An CN-ESG factors have a relatively strong positive screening effect on the Chinese Securities Index (CSI) 300 and CSI 800 stock pools. The financial window dressing factors constructed by evaluating the quality and authenticity of the company's financial data yielded 11.61% of long-short gains since 2015.

ESG investment strategies that balance excess returns with ESG objectives

Based on CN-ESG data, PADERC constructed four types of ESG investment strategies that use artificial intelligence (AI) to balance excess investment returns and ESG investment targets:

1) Ping An AI-ESG Selected 100 Strategy: This positive screening strategy selects companies with the highest ESG scores. Based on the broader CSI 800 stock pool, it can better leverage additional information from ESG scores. This strategy achieved an annualized excess return of 4.44%. The annual weighted average ESG score quantile of the portfolio is 94.2% among the benchmark stock pool.

2) Ping An AI-ESG Enhancement Strategy: On the basis of ESG scores-based positive screening, PADERC added ESG factors to its Ping An Digital Economic Research Center 500+ No.1 AI Stock Selection Strategy and there was notable excess return. The AI stock selection strategy is based on linear and non-linear algorithms to capture complex market structures to predict the excess return of individual stocks. The Ping An AI-ESG Enhancement Strategy has an annualized excess return of 16.34%, and the annual weighted average ESG score quantile of the portfolio is 78.7% among the benchmark stock pool.

3) CSI 300 ESG Style Index Series:The CSI 300 ESG Growth Index explores the growth value of the CSI 300 stocks, while controlling its tail risks. The CSI 300 ESG Low Volatility Index reinforces the stability features of ESG investment in both the short and long term. The ESG growth index achieved annualized excess returns of 5.67% and the low volatility index achieved 8.61% relative to the benchmark. The annual weighted average ESG score quantile of the portfolios are 75.1% (ESG growth index) and 73.1% (low volatility index) relative to the benchmark stock pool.

Further testing of excess returns shows that the above active management strategies have almost all achieved excess returns in adverse market conditions, including bond crises, annual bear market downturns, Sino-US trade war, and COVID-19, verifying the effectiveness of ESG factors in challenging environments.

4) AI-ESG MAX Strategy: ESG enhancement of mainstream ETFs enables investors to gradually incorporate ESG concepts into their investing process without changing their traditional investing habits. Based on the CSI 300, controlling for sector deviation, this strategy sets tracking errors to 1%, 3% and 5%. Under different tracking error assumptions, the strategy maximizes ESG scores while achieving annualized excess returns of 3.61%, 3.40% and 3.43% respectively against the benchmark. The back-testing results of the strategy over the past five years show good performance, and excess returns were stable. This type of index enhancement strategy based on ESG factors could help drive an increase in the scale of ESG investing.

Building a richer ESG strategy portfolio to meet investors' diverse needs

Ping An's CN-ESG framework will expand to include fixed income ESG data and climate risk-related AI-driven factors. It will enable more diverse investment options, such as ESG fixed income indices and climate risk-focused indices, to meet investors' diverse needs. Ping An also developed a series of AI-ESG products focusing on corporate management, risk monitoring and analytics solutions for ESG and climate risk analysis, including portfolio sustainability footprint analysis, a portfolio adjustment tool, a sustainable funds screening tool, and climate risk asset pricing models to support ESG investment.

PADERC is a professional institution specializing in macroeconomics and policy research, using big data and artificial intelligence to provide insights on macroeconomic trends, including developments in ESG disclosures and ratings.

For the full report, click here.

About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group. With over 210 million retail customers and 560 million Internet users, Ping An is one of the largest financial services companies in the world.

Ping An has two over-arching strategies, "pan financial assets" and "pan health care", which focus on the provision of financial and health care services through our integrated financial services platform and our five ecosystems of financial services, health care, auto services, real estate services and smart city services. Our "finance + technology" and "finance + ecosystem" strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai.

In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information, please visit http://www.pingan.cn.

About Ping An Digital Economic Research Center

Ping An Digital Economic Research Center utilizes more than 50 TB high frequency data points, more than 30 years of historical data and more than 1.5 billion data points to drive research on the "AI + Macro Forecast" and provide insights and methods towards precise macroeconomic trends.

SOURCE Ping An Insurance (Group) Company of China, Ltd.

http://www.pingan.cn

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Artificial Intelligence to Minimize Harvest Loss – AG INFORMATION NETWORK OF THE WEST – AGInfo Ag Information Network Of The West

Posted: at 1:42 pm

Its time for your Farm of the Future Report. Im Tim Hammerich.

Harvest loss is a big deal for grower profitability and for sustainability of our resources.

Ganssle In 2019 in the United States in corn alone, it was a $1.4 billion problem. We left $1.4 billion worth of corn grain in the field last year. So it's a big deal.

Thats Craig Ganssle, CEO and founder of Farmwave, an artificial intelligence-based autonomous measurement tool. One application is mounting the tool on a combine to minimize yield loss.

Ganssle Right now, if Farmwave shows you X amount of header loss, you know, you're losing three to four bushels per acre, on iPad in the cab. It tells you your real time, here's what's happening and here's where it's coming from. And so you can make those changes. You can, whatever the changes would need to be on machinery: slow down, change reel speed, lift the head, whatever. But the real value, and what growers want to see, is this integrated in with their machinery. So we are in discussions with multiple OEMs about how to possibly do that and work towards automation. The future is getting that integrated into the machinery so it happens autonomously.

Other applications for the Farmwave AI tool include sprayer nozzle performance, application coverage, and disease and pest count and growth stage. And by 2022, they hope to be working with planters as well.

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Artificial Intelligence to Minimize Harvest Loss - AG INFORMATION NETWORK OF THE WEST - AGInfo Ag Information Network Of The West

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How Edge Computing will revamp businesses in 2021? – Analytics Insight

Posted: at 1:42 pm

In recent years, the application of artificial intelligence in different organizations around the world has changed. As company-wide initiatives continue to dominate, cloud computing has become a critical part of AI growth. As clients spend more time on their computers, organizations are increasingly aware of the need to add critical computing to the user in order to support more clients. This is why the market for Edge Computing in the years ahead will continue to rise.

Instead of needing data to move from the source to a data center or cloud and back, Edge computing allows applications to run close to where data is produced, generating congestion that can not be endured by mission-critical operations. In addition, edge computing will open doors to innovation, improved security and enforcement, and automation when combined with artificial intelligence (AI).

According to Rapyder, The speed at which data generates will never slow down. In fact, its only going to see an upward trend by the day. As a result, businesses will be heavily relying on technologies like edge computing, in the future. An IDC research predicts that in 3 years, 45% of IoT-created data will be stored, processed, analyzed, and acted upon close to, or at the edge of the network. The research also points out that 6 billion devices will be connected to edge computing solutions.

By bringing in decentralization to cloud networks, edge computing has added to the many advantages that businesses can reap from data.

For example, disruptions can be limited to only one point in the entire network. Consider that there is a cyberattack that leads to a power outage. With edge computing, you can curb its impact on only the local applications rather than letting it spread through the entire network. Thats just a one-use case. Every industry can benefit tremendously from edge computing.

It provides improved reliability for high speed, reduced latency, allowing faster processing of data and delivery of content.

It provides better protection through the delivery of transmission, storage, and applications via a number of devices and data centers, making it impossible to recover the network from any disturbance.

It provides a much less expensive path to flexibility and scalability, enabling businesses to extend their computing power through a mix of IoT devices and edge data centers.

According to DevPro Journal, Sastry Malladi, CTO of FogHorn and Senthil Kumar, FogHorns Global Head and VP of Software Engineering, expect edge AI to make a significant impact on businesses and industries in 2021, for example:

The future of edge computing is actively committed. Through the use of data, Edge can converge through artificial intelligence and machine learning in order to integrate insight into behavior that benefit companies and their consumers. Ultimately, it will be treated much like any other location where applications can be placed smoothly without compromises and with accuracy.

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Data and Artificial Intelligence: The Only Way is Ethics – The Scotsman

Posted: at 1:42 pm

Business

Professor Shannon Vallor, an expert in the challenging relationship between ethics and technology, reminds us that artificial intelligence is "human all the way down" - and therefore reflects the positives and negatives of human nature.

Prof Vallor, Baillie Gifford Chair in the Ethics of Data and AI at the Edinburgh Futures Institute, insists self-aware machines are not about to take over the world.

She says: "We have gone through a period where people like Stephen Hawking and Elon Musk have perhaps unwittingly misled the public about machines becoming self-aware or hyper-intelligent and enslaving humanity - and from a scientific perspective, thats just a complete fantasy at this point.

There is nothing mysterious or magical about AI - its something that is transforming our world but completely reflective of our own human strengths and weaknesses.

Professor Vallor is joined on the podcast by Nick Thomas and Kyle McEnery of Baillie Gifford. Nick Thomas highlights how access to data is going to be a key competitive advantage for business in the future, while Kyle McEnery describes his work on harnessing data and AI to make better decisions about where Baillie Gifford invests its clients money - and the potential for greater targeting of ethical investment.

Mr McEnery backs up Prof Vallor's comments about data and AI being fully human and says: There are a lot of biases in data that we need to be careful of and we try very, very, very hard to avoid those but its a constant challenge.

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Artificial Intelligence in shipping and how it works – ShipInsight

Posted: at 1:42 pm

Forget whatever youve seen in science-fiction movies. Artificial intelligence, usually known as AI, is an umbrella term for computer programs that give machines human-like intelligence. As far as were concerned, it falls into two broad categories:

Narrow AI is what we have today. A narrow AI works well for specific tasks, for example identifying cat breeds in photographs, but its useless in all other areas. Just as you cant use the camera app on your phone to order something from Amazon, an AI designed to diagnose skin cancer from photographs of moles is completely useless for steering a self-driving car or recommending which movie to watch next.

In the future, we expect to have general AI. General AI will work across a range of areas, rather than being confined to one specific task. Were not there yet, but in a 2019 survey, 45% of technologists believed we would have it by 2060.

At the moment, the main technology under the AI umbrella is machine learning (ML). In machine learning, we provide structured and labelled training data, for example 1000 photographs of tugs and 1000 photographs of container ships. The computer analyses the data and learns to tell the difference between a photograph of a tug and a photograph of a container ship.

The main problem with machine learning is that, in most cases, we need carefully labelled training data. Unlabelled data is useless for standard machine learning. Converting thousands of entries in a database to the correct format then manually labelling them is expensive and time-consuming. In addition, machine learning systems usually need several smaller programs, known as models, to solve a problem. For example, you could build a system to look at photographs of oncoming ships and decide what action to take to avoid collision. In this case, one model could locate ships in a photograph and feed that information into the next model. The next model might identify the heading of the other vessel, while a third model would take that data and determine what action to take. You couldnt use machine learning to build a single model to look at the photograph and recommend a course of action.

Deep learning is a type of machine learning that uses artificial neural networks. The neural network is arranged in layers. Each layer processes the unstructured data, then inputs it into the next layer. Through this process, the system finds patterns in the data and eventually develops a model.

Neural networks accept unstructured and unlabelled data, and they resolve problems end-to-end rather than one part at a time. The downside is that they need a lot more training data and computing power, and they take longer to train than standard machine learning models.

Barriers to AI adoption range from fear of the unknown and laws not designed for AI, to a lack of appropriate training data and a shortage of data scientists.

More digitalised companies adopt AI at higher rates than less digitalised companies. This suggests that the digitalisation trend in the maritime industry could lead to wider adoption of AI systems.

Even without general AI, AI is creeping into all aspects of the maritime industry. Any repetitive, structured task has the potential to be carried out by a narrow AI model. Marine insurance, Fire detection from CCTV systems, AI-operated tugs, predictive maintenance, and fuel efficiency improvements are all moving towards AI-driven systems.

A study by the National Cargo Bureau found 6.5% of containers carrying dangerous goods had mis-declared cargo. To address this, Maersk is among the companies using AI screening tools to detect undeclared and mis-declared dangerous goods. HazCheck Detect, a new AI cargo screening tool, scans all booking details and highlights suspicious bookings. In the future, the same tool could screen cargoes to identify, for example, wildlife smuggling.

After demonstrating the worlds first fully-autonomous ferry in Finland in 2018, Rolls Royce is now using an AI system to provide deeper insight into the performance of installed ship equipment. This will lead to increased efficiency and reduced emissions.

Every year, 20% of vessels are diverted due to crew illness, and human error (including fatigue) accounts for around 75% to 90% of marine accidents. Communications provider KVH foresees the use of AI for seafarer health monitoring, to reduce accidents and diversions for crew illness or injury.

But illness and injury arent the only causes of human error: fatigue, intoxication, excitement and stress also lead to mistakes. Senseye uses high-resolution images of the iris to identify fatigue and intoxication, while Sensing Feeling uses real-time video to identify early signs of stress and fatigue.

As with any new technology, adoption of AI will be slow until it reaches a tipping point. As adoption of AI becomes widespread, many of the cultural barriers to AI are likely to disappear. For the last decade, the rate of AI adoption across all industries has been accelerating. Just as weve become accustomed to email and the internet, well soon take AI systems for granted too.

The bigger question is what impact AI will have on the industry. Maritime legislation, vessel manning, and much more are predicated on having a human in the loop. As autonomous ships become commonplace, we need to ensure that AI works for us.

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Artificial Intelligence in shipping and how it works - ShipInsight

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3m to fund new wave of Artificial Intelligence for the military – GOV.UK

Posted: at 1:42 pm

The second phase of funded proposals has been announced for the Defence and Security Accelerator (DASA) Intelligent Ship competition to revolutionise military decision-making, mission planning and automation.

Phase 2 of Intelligent Ship, run by DASA on behalf of the Defence Science and Technology Laboratory (Dstl), sought novel technologies for use by the military in 2030 and beyond.

Nine innovative projects have been funded, sharing 3m.

With a focus on Artificial Intelligence (AI), the projects will support the evaluation and demonstration of a range of human-machine teams and their integration with an evaluation environment. Phase 2 will develop AI for wider application across defence platforms.

Julia Tagg, Dstl Project Technical Authority said:

The Intelligent Ship project aims to demonstrate ways of bringing together multiple AI applications to make collective decisions, with and without human operator judgement.

We hope that the use of AI in the future will lead to timely, more informed and trusted decision-making and planning, within complex operating and data environments. With applications for the Royal Navy and more broadly across defence, we are very excited to see what these Phase 2 projects might bring.

Rachel Solomons, DASA Delivery Manager said:

DASA is focussed on finding innovation to benefit the defence and security of the UK.

Artificial Intelligence and human-machine teaming are such innovations, and by taking this competition to Phase 2 we hope to help find solutions that could make a real difference to future decision making in defence.

The companies awarded funding for Phase 2 are:

Examples of proposals funded include an intelligent system for vessel power and propulsion machinery control to support the decision-making of the engineering crew, and an innovative mission AI prototype Agent for Decision-Making to support decision making during pre-mission preparation, mission execution and post mission analysis.

Phase one contracts were announced last year.

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3m to fund new wave of Artificial Intelligence for the military - GOV.UK

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