Robotics is progressing to live up to the hype around it: GlobalData

The adoption of robots in various industries to automate processes has already led to higher efficiency, reduced complexity, human errors and enhanced safety of workers. The impact will further grow over time to transform human lives and work practices, according to the data and analytics company GlobalData.

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NTT plans merger of all its businesses to create a $38 billion global ICT enterprise

According to Siow Meng Soh, Technology Analyst – GlobalData, the integration elevates NTT’s position as a global enterprise ICT powerhouse encompassing data centers, application and IT services, managed security, R&D and systems integration (SI) under one roof.

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Adopting smart digital technologies vital for manufacturing firms: GlobalData

Smart manufacturing, which is the automation of the manufacturing sector, includes the convergence of operational technology (OT) such as SCADA, industrial control systems and connected devices with information technology (IT).

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PropTech is revolutionizing APAC property market: GlobalData

Bangalore: Owing to high competition, over supply and tight margins, real estate developers in Asia-Pacific (APAC) are increasingly embracing new technologies, known as PropTech, to better engage customers, offer additional services and differentiate from the competition, according to GlobalData. The company forecasts the APAC real estate market to grow at 12.8% from 2017 to reach $2,543.5bn in 2022, riding on the back of the three largest markets by value—China, Japan and India. Historically property developers carried a strong brand, a track record and wielded significant influence in the decision making…

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Cloud-to-edge AI chip Kunlun repositions Baidu in AI market: GlobalData

Bangalore: Search engine giant Baidu has recently unveiled China’s first cloud-to-edge artificial intelligence (AI) chip—Kunlun—at Baidu Create 2018. The move repositions the company in not only the Chinese market but also globally, according to GlobalData. With Kunlun, Baidu joins the ranks of a select few companies that not only offer an AI platform to help enterprises deploy AI-infused solutions but also have their own hardware to maximize AI processing. Built to accommodate the high performance requirements of a wide variety of AI scenarios, Kunlun includes training chip ‘818-300’ and inference…

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Artificial Intelligence is evidently not just hysteria : GlobalData

Bangalore: There is an unprecedented wave of speculation and investment in Artificial Intelligence (AI) sweeping the industry with ideas like machine learning (ML) appearing as a magic wand of business innovation. Beneath the seemingly boundless hype of AI, however, there is something quite simple at play — the idea of finding ways to perform well-understood, common tasks more efficiently, according to leading data and analytics company GlobalData. An analysis of GlobalData’s Disruptor Tech Database reveals that enterprise AI practitioners are primarily seeing very pointed benefits within problems that directly impact…

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Companies must be clearer on consumer data usage to prevent further privacy scandals

Bangalore: With new data privacy controversies continuing to emerge on a frequent basis, putting the issue front and center for US and European lawmakers, companies must do more to reassure consumers with clearer explanations about how their data is used, according to GlobalData. Earlier this year, it came to light that Cambridge Analytica used Facebook data without permission to target US and European voters in elections. This resulted in Facebook being fined by the UK regulator. Furthermore, a recent investigation from Dutch news site De Correspondent and Bellingcat has found…

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