Author: kissdev

The banking, financial services, and insurance (BFSI) industry has undergone a significant transformation since the days of the barter system, evolving dramatically with each technological advance. Today, we’ve entered an age of digital money, where the Internet of Things (IoT) in Fintech has made transferring funds easier than ever without the need for physical cash. While cryptocurrencies are also gaining momentum as potential replacements for fiat currency, the mainstream adoption of such digital assets remains speculative at this stage. This digital revolution owes much to the intersection of finance and IoT technology. This modern innovation accelerates operations, enhances service delivery,…

In an ambitious stride towards the future of mass transit, several leading technology companies have formed a groundbreaking alliance to integrate advanced Internet of Things (IoT) functionality at the edge. This initiative aims to transform the commuting experience by leveraging edge computing to deliver real-time data processing and analytics, thereby enhancing efficiency and safety in public transportation systems. The collaboration, which brings together industry giants and innovative startups alike, seeks to harness the power of IoT devices deployed at the edge—closer to where data is generated and decisions are made. By doing so, these companies are addressing the latency and…

Maintenance represents one of the most substantial ongoing costs for any fleet, often leaving plenty of room for enhancement. In recent years, AI-powered predictive maintenance (PdM) has arisen as a seemingly unparalleled solution, yet one question lingers: how reliable is it in the practical, everyday operations of businesses? The touted advantages of PdM are undeniably impressive, but the technology comes with a hefty price tag. Fleet managers must ensure they’re getting a solid return on investment before diving into such an expensive commitment. The Inner Workings of Predictive Maintenance Predictive maintenance reimagines preventive care, leveraging automated data analysis in place…

The present era of digital transformation, rapidly propelled by advancements in artificial intelligence (AI), introduces unparalleled opportunities alongside formidable challenges. As AI technology progresses, it necessitates increasingly sophisticated datacentres and high-performance computing infrastructures, raising serious environmental concerns. For Chief Information Officers (CIOs) and IT leaders, the mission is unmistakable: fostering innovation must inherently align with a steadfast commitment to sustainability. The Essential Nature of Sustainable Innovation True innovation is intrinsically sustainable; otherwise, it risks being ephemeral and harmful. This is where the concept of sustainable innovation becomes crucial. The Institute of Electrical and Electronics Engineers (IEEE) defines sustainable innovation as…

Emerging technology (ET) means different things to different audiences and organizations, depending on their respective contexts and starting points. While commonly used to describe a brand-new technology, ET can also pertain to the ongoing evolution of existing technologies. Characterized by high potential, disruptive nature, uncertainty of outcomes, and interdisciplinary applications, emerging technologies possess tremendous potential to impact businesses and transform current paradigms. For business leaders contemplating investments in ET, timing is absolutely critical. Technologies such as artificial intelligence (AI), machine learning (ML), augmented and virtual reality, quantum computing, and blockchain hold substantial promise for driving organizational growth. However, without an…

In today’s rapidly evolving technological landscape, no industry remains untouched by the transformative power of artificial intelligence (AI). This pervasive technology presents a wealth of opportunities for businesses to enhance the delivery of their products and services in innovative ways. A prime example of this trend can be observed in the realms of salons, spas, and gyms. This particular sector is undergoing a significant technological renaissance, characterized by the adoption of AI-powered tools such as advanced phone systems and intelligent marketing and analytics assistants. A standout example of a company spearheading this transformation is Zenoti, a provider of cloud-based solutions…

In the rapidly evolving world of technology, the race to conquer the realm of artificial intelligence (AI) intensifies. Industry giants and innovative newcomers alike are vying for a strategic edge, aiming to establish their dominance in what is increasingly becoming a definitive field for future growth. From the powerhouses that dominate the current tech landscape to specialized chipmakers that provide the backbone for AI capabilities, this competitive landscape is one that investors are watching with keen interest. For those looking to stay on the cutting edge of this sector, keeping an eye on the top AI stocks is crucial. Industry…

[ad_1] Formula One teams are looking at a startup called BeyondMath to bring their car construction to the next level. BeyondMath is working in the field of computational fluid dynamics, which attempts to digitally model how an object moves through water or air. But that’s a lot easier said than done – even with excessive computing power, these digital representations of complex physics are not wholly accurate. What makes BeyondMath different is that it’s simulating windy conditions by using machine learning, not just supercomputers, which could make these models more accurate. BeyondMath co-founder Darren Garvey told TechCrunch, “Imagine you’ve got…

Wiliot’s latest innovation, the WiliBot GenAI chatbot, is set to revolutionize the way businesses and consumers interact with the vast network of products connected to the ambient Internet of Things (IoT). By enabling “things to talk,” this groundbreaking technology opens a new dimension of communication where users can engage in natural-language conversations with the myriad products tethered to the ambient IoT. Renowned as a pioneer in the ambient IoT space, Wiliot has unveiled WiliBot, a generative AI (GenAI) chatbot designed to facilitate seamless interactions with ambient IoT-enabled products. By marrying the powerful capabilities of generative AI with a rich repository…

A recent report by global real estate giant JLL has unveiled a fascinating projection for the edge data centre market, estimating it to burgeon into a US$317 billion industry by 2026. This represents a remarkable 107% growth from its valuation of US$153 billion in 2020. The report casts a spotlight on the continual climb of ‘data-dependent technologies’ such as Artificial Intelligence (AI) and the Internet of Things (IoT), which are poised to necessitate substantial IT infrastructure backing from edge data centres. JLL elaborates on the concept of an edge data centre, describing it as a facility designed to bring computing…