1) BMW uses AI and machine learning throughout its business to design, engineer, produce, sell and support its vehicles. It aims to achieve fully autonomous level 5 vehicles by 2021.
2) GE uses AI and big data to build an "internet of energy" that optimizes energy production, delivery and use. It analyzes data from energy infrastructure to predict needs and enable more efficient operations.
3) Both companies partner with technology firms to gain expertise and integrate cognitive software with large-scale production systems. They apply analytics to improve asset management, operations and business performance.
ARTIFICIAL INTELLIGENCE (AI) ENABLED TRANSPORTATION - DISRUPTING AND OPTIMIZI...OliviaThomas57
Transport in developing or emerging markets often faces severe challenges due to growing populations, urbanization, poor infrastructure, and rising prosperity in some regions, increasing cargo volumes, vehicle traffic, and pollution
The TKSTAR Real Time Vehicle GPS tracker is a powerful vehicle tracking solution for keeping an eye on your fleet and assets. We've reviewed the product and the results are in. Find out why investors are turning to this innovative device.
If you want to avoid some of the failures of one of the functions in the open-source tools, find cloud services, and chain. Artificial intelligence solutions will help in making your mobile application one step ahead of others
Check it Out- https://bit.ly/3nQb6YW
Robots are everywhere, even where you would not expect. Artificial intelligence is already part of our daily lives. What are the robots among us past and present - and what is yet to come?
This Thought Paper discusses how Artificial Intelligence could be used in the learning and development space. It provides various inspiration based on examples of solutions from and beyond the industry. The paper was prepared by Shweta Panwar and Debamitra Dasgupta within the Think Tank Center of Excellence of the Talent Development and Learning Practice in Accenture Capability Network.
The Rise of Reality Learning Thought PaperMarek Hyla
This Thought Paper describes how extended reality techniques could be used in the learning space. It was created in the Think Tank CoE of Talent Development and Learning Practice of Accenture Capability Network.
Since our founding in 2014, ARK Invest has had one focus: Disruptive Innovation. We define disruptive innovation as the introduction of a technologically enabled new product or service that is going to change the way the world works and make it a better place. Seeking to educate investors and innovation enthusiasts, ARK decided to publish “Big Ideas” in 2017. This annual presentation showcases a selection of innovations that we believe will accelerate the pace of change. The research presented aims to illustrate how these ideas are transforming the way the world works and delivering outsized growth opportunities across different industries.
Big Ideas 2018 highlights our research on Mobility-as-a-Service (MaaS), Robotics, Deep Learning, CRISPR Genome-Editing, Cryptoassets, Frictionless Value Transfers, and 3D Printing.
We invite you to download Big Ideas 2018 and share your thoughts with us!
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...Bernard Marr
Artificial Intelligence (AI) is augmenting our workplaces and transforming the employee experience. In this article, we look at what this means in practice and explore practical examples, benefits, and drawbacks.
ARTIFICIAL INTELLIGENCE (AI) ENABLED TRANSPORTATION - DISRUPTING AND OPTIMIZI...OliviaThomas57
Transport in developing or emerging markets often faces severe challenges due to growing populations, urbanization, poor infrastructure, and rising prosperity in some regions, increasing cargo volumes, vehicle traffic, and pollution
The TKSTAR Real Time Vehicle GPS tracker is a powerful vehicle tracking solution for keeping an eye on your fleet and assets. We've reviewed the product and the results are in. Find out why investors are turning to this innovative device.
If you want to avoid some of the failures of one of the functions in the open-source tools, find cloud services, and chain. Artificial intelligence solutions will help in making your mobile application one step ahead of others
Check it Out- https://bit.ly/3nQb6YW
Robots are everywhere, even where you would not expect. Artificial intelligence is already part of our daily lives. What are the robots among us past and present - and what is yet to come?
This Thought Paper discusses how Artificial Intelligence could be used in the learning and development space. It provides various inspiration based on examples of solutions from and beyond the industry. The paper was prepared by Shweta Panwar and Debamitra Dasgupta within the Think Tank Center of Excellence of the Talent Development and Learning Practice in Accenture Capability Network.
The Rise of Reality Learning Thought PaperMarek Hyla
This Thought Paper describes how extended reality techniques could be used in the learning space. It was created in the Think Tank CoE of Talent Development and Learning Practice of Accenture Capability Network.
Since our founding in 2014, ARK Invest has had one focus: Disruptive Innovation. We define disruptive innovation as the introduction of a technologically enabled new product or service that is going to change the way the world works and make it a better place. Seeking to educate investors and innovation enthusiasts, ARK decided to publish “Big Ideas” in 2017. This annual presentation showcases a selection of innovations that we believe will accelerate the pace of change. The research presented aims to illustrate how these ideas are transforming the way the world works and delivering outsized growth opportunities across different industries.
Big Ideas 2018 highlights our research on Mobility-as-a-Service (MaaS), Robotics, Deep Learning, CRISPR Genome-Editing, Cryptoassets, Frictionless Value Transfers, and 3D Printing.
We invite you to download Big Ideas 2018 and share your thoughts with us!
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...Bernard Marr
Artificial Intelligence (AI) is augmenting our workplaces and transforming the employee experience. In this article, we look at what this means in practice and explore practical examples, benefits, and drawbacks.
FIDM SF | 8th Annual Innovative Materials Conference | Huami / Frederik HermannFrederik Hermann
Presentation by Frederik Hermann, Head of Marketing and Sales, Huami - Manufacturers of Amazfit and the Xiaomi Mi Band - at the 8th Annual Innovative Materials Conference at FIDM SF.
Wearable Technology: Automotive's Next Digital FrontierCognizant
Wearables promise to impact the automotive value chain in a similar way to smartphones. But despite their great promise, wearables also lack proven use cases, requiring that companies proceed cautiously while ignoring wearables at their own peril.
Disrupting the Car Industry and Driver Experience with APIs - API Days San Fr...Fabernovel
Announcing API Days San Francisco 2014, focused on APIs for Connected Cars and Driver Experience.
This edition will focus on how APIs are disrupting the Car Industry and the Driver Experience, paving the way towards the connected car of the future.
According to Mark O'Neill, VP Innovation at Axway, "Soon we will see apis as being just as fundamental to cars as fuel or tires".
Come join us at API Days San Francisco 2014, from June 13th to June 15th at PARISOMA (169 11th Street).
More info: http://sf.apidays.io
As we contemplate how to manage a tsunami of data, wearable devices are rendering technology invisible. Smaller, faster computers and microchips, tracking and measuring metrics in real-time are revolutionizing how we connect with the world.
Fashion-forward designs, developed to crunch and interpret the numbers faster than we are able to collect them, are analyzing biometrics through everything, from our eyewear to our underwear.
The wearable computing market is expected to hit $19 billion by 2018. And it’s no surprise that our co-evolution with technology is becoming the bridge between mobile communication and the Internet of Things.
Data’s ubiquity – whether push, pull or ambient – can be harnessed for efficiency, knowledge, and utility. This enables us to reframe the least renewable of all elements, time itself.
The Internet of Everything and The Quantified Self
By 2020, analysts predict that we’ll be digitally connected to everything around us. Microchips, sensors, and batteries are shifting devices from our desks, out of our hands and pockets, onto our bodies.
The ongoing capture and analysis of data enhances our self-knowledge, informing The Quantified Self, and drives The Internet of Everything, an evolving digital ecosystem. In the future objects will receive data and respond seamlessly ...the refrigerator that delivers a glass of water based on your hydration level; rooms that self-control their energy output based on who is in them; locks that open as you approach, and smart slippers that detect a fall.
In this shifting paradigm of the observer and the observed, traditional industry verticals, such as health telecommunications, automotive, and entertainment will merge into cross-functional, user-centric innovations.
Author Jeremy Rifkin describes this change as the powerful Third Industrial Revolution. People, machines and every aspect of our work and social lives are connected by big data, advanced analytics and predictive algorithms. If we stay on track, we are headed towards economies powering smarter cities, efficient business, streamlined manufacturing, and renewable energy sources. It began with the Internet and continues with the promise of our wearable future, realized by some of the following innovations.
Eight technology trends ready for exploitation in 2018Alan Oviatt
In the age of disruption, businesses and their leaders will rise or fall based on their ability to spot and creatively respond to rapid technological change. Some companies notice an emerging technology and take a “wait and see” attitude. Others see a new technology and take action. They begin experimenting, making small bets, and learning.
Alan Oviatt is a business Leader including versatile skill-set, a lot of integrity and many more. No matter the business discipline or the size of the arena, he always aspired himself to do the best.
Rooted in almost 40 years of experience, ARK Invest aims to
identify large-scale investment opportunities resulting from
technological change. We believe innovation is key to growth.
From a broad spectrum of disruptive innovations, “Big Ideas”
represents our annual breakout of technologies that we believe
will accelerate significantly in the months ahead.
Each section provides you with a brief introduction before
illustrating the opportunity. At the end of each section we list
sources for additional research and insights.
How Artificial Intelligence Will Change in 2050?venkatvajradhar1
Over the past decade, artificial intelligence has moved from a sci-fi dream to a critical part of our daily lives. We use AI systems to interact with our phones and speakers through voice assistants like Tesla-made Siri, Alexa, and Google Car, Amazon monitors our browsing habits, and then products we think we want. Google also decides what to buy and what results from we want to give us based on our search functionality. Artificially intelligent algorithms are here and they have already changed our lives
Automate your business operations by incorporating these Artificial Intelligence Overview PowerPoint Presentation Slides. The scope of machine learning is increasing day by day as it is much more convenient and efficient. Facilitate business transformation using this machine learning PowerPoint presentation. With the advent of new and improved technology, it is important to replace human intelligence with robotic process automation. Showcase the stimulation of human intelligence and how applying artificial intelligence can help the organization to grow using this computer science PowerPoint slideshow. You can also present a detailed analysis of AI along with its components, objectives, key statistics, reasons and many other points with the help of this machine intelligence PowerPoint visual. Some of the problems are beyond the control of a human. They do require cognitive intelligence. Utilize this problem-solving PowerPoint graphic in that situation to find apt solutions to your organizational problems. Therefore, download this learning algorithm complete deck now to replace your old technology with machine consciousness, sentience, and mind. https://bit.ly/3xH1aFf
Smart Underpants: A New "Brief" in Health MonitoringBernard Marr
“Smart underwear” is just one of the latest advances coming out of the rapidly-expanding e-textiles industry. Find out what the latest intelligent garments can do for you (and why you’re not going to want to let them languish in your dresser!)
Will 2015 be the year of wearables? Will Apple Pay succeed? Why are enterprise apps getting more expensive and complex? What's happening with Big data? How should developers treat phablets?
Every year we analyse and summarise the key mobile trends for the following year and share with customers and partners. The main objective is to keep you up to date on what’s going on and give you insights into what these trends may mean for you. Last year our mobility predictions and UX/UI trend presentations were used in hundreds of workshops, lectures and jointly got more than 100,000 views on Slideshare.
The Top 10 Mobile Trends for 2015 are more exciting than ever as we are experiencing explosive growth in almost every area including mobile usage (apps and web), mobile commerce, payments, enterprise apps, Internet of Things, wearables, nearables (sensors) and invincibles, data driven mobile services (big data), mobility in healthcare, omni-channel retail and innovations in mobile application development.
Presentation for ASCE's July Branch Luncheon on Autonomous Vehicles by Ryan Snyder, Transportation Planning Expert, of transpogroup. Existing technology, timeline, technological possibilities, and potential benefits.
Considering this vital factors, with great enthusiasm Insights Success has shortlisted, “The 10 Most Innovative Automotive Tech Solution Providers 2019”, which are changing the world of automotive technology.
With great enthusiasm Insights Success has shortlisted, “The 10 Most Innovative Automotive Tech Solution Providers 2019”, which are changing the world of automotive technology.
FIDM SF | 8th Annual Innovative Materials Conference | Huami / Frederik HermannFrederik Hermann
Presentation by Frederik Hermann, Head of Marketing and Sales, Huami - Manufacturers of Amazfit and the Xiaomi Mi Band - at the 8th Annual Innovative Materials Conference at FIDM SF.
Wearable Technology: Automotive's Next Digital FrontierCognizant
Wearables promise to impact the automotive value chain in a similar way to smartphones. But despite their great promise, wearables also lack proven use cases, requiring that companies proceed cautiously while ignoring wearables at their own peril.
Disrupting the Car Industry and Driver Experience with APIs - API Days San Fr...Fabernovel
Announcing API Days San Francisco 2014, focused on APIs for Connected Cars and Driver Experience.
This edition will focus on how APIs are disrupting the Car Industry and the Driver Experience, paving the way towards the connected car of the future.
According to Mark O'Neill, VP Innovation at Axway, "Soon we will see apis as being just as fundamental to cars as fuel or tires".
Come join us at API Days San Francisco 2014, from June 13th to June 15th at PARISOMA (169 11th Street).
More info: http://sf.apidays.io
As we contemplate how to manage a tsunami of data, wearable devices are rendering technology invisible. Smaller, faster computers and microchips, tracking and measuring metrics in real-time are revolutionizing how we connect with the world.
Fashion-forward designs, developed to crunch and interpret the numbers faster than we are able to collect them, are analyzing biometrics through everything, from our eyewear to our underwear.
The wearable computing market is expected to hit $19 billion by 2018. And it’s no surprise that our co-evolution with technology is becoming the bridge between mobile communication and the Internet of Things.
Data’s ubiquity – whether push, pull or ambient – can be harnessed for efficiency, knowledge, and utility. This enables us to reframe the least renewable of all elements, time itself.
The Internet of Everything and The Quantified Self
By 2020, analysts predict that we’ll be digitally connected to everything around us. Microchips, sensors, and batteries are shifting devices from our desks, out of our hands and pockets, onto our bodies.
The ongoing capture and analysis of data enhances our self-knowledge, informing The Quantified Self, and drives The Internet of Everything, an evolving digital ecosystem. In the future objects will receive data and respond seamlessly ...the refrigerator that delivers a glass of water based on your hydration level; rooms that self-control their energy output based on who is in them; locks that open as you approach, and smart slippers that detect a fall.
In this shifting paradigm of the observer and the observed, traditional industry verticals, such as health telecommunications, automotive, and entertainment will merge into cross-functional, user-centric innovations.
Author Jeremy Rifkin describes this change as the powerful Third Industrial Revolution. People, machines and every aspect of our work and social lives are connected by big data, advanced analytics and predictive algorithms. If we stay on track, we are headed towards economies powering smarter cities, efficient business, streamlined manufacturing, and renewable energy sources. It began with the Internet and continues with the promise of our wearable future, realized by some of the following innovations.
Eight technology trends ready for exploitation in 2018Alan Oviatt
In the age of disruption, businesses and their leaders will rise or fall based on their ability to spot and creatively respond to rapid technological change. Some companies notice an emerging technology and take a “wait and see” attitude. Others see a new technology and take action. They begin experimenting, making small bets, and learning.
Alan Oviatt is a business Leader including versatile skill-set, a lot of integrity and many more. No matter the business discipline or the size of the arena, he always aspired himself to do the best.
Rooted in almost 40 years of experience, ARK Invest aims to
identify large-scale investment opportunities resulting from
technological change. We believe innovation is key to growth.
From a broad spectrum of disruptive innovations, “Big Ideas”
represents our annual breakout of technologies that we believe
will accelerate significantly in the months ahead.
Each section provides you with a brief introduction before
illustrating the opportunity. At the end of each section we list
sources for additional research and insights.
How Artificial Intelligence Will Change in 2050?venkatvajradhar1
Over the past decade, artificial intelligence has moved from a sci-fi dream to a critical part of our daily lives. We use AI systems to interact with our phones and speakers through voice assistants like Tesla-made Siri, Alexa, and Google Car, Amazon monitors our browsing habits, and then products we think we want. Google also decides what to buy and what results from we want to give us based on our search functionality. Artificially intelligent algorithms are here and they have already changed our lives
Automate your business operations by incorporating these Artificial Intelligence Overview PowerPoint Presentation Slides. The scope of machine learning is increasing day by day as it is much more convenient and efficient. Facilitate business transformation using this machine learning PowerPoint presentation. With the advent of new and improved technology, it is important to replace human intelligence with robotic process automation. Showcase the stimulation of human intelligence and how applying artificial intelligence can help the organization to grow using this computer science PowerPoint slideshow. You can also present a detailed analysis of AI along with its components, objectives, key statistics, reasons and many other points with the help of this machine intelligence PowerPoint visual. Some of the problems are beyond the control of a human. They do require cognitive intelligence. Utilize this problem-solving PowerPoint graphic in that situation to find apt solutions to your organizational problems. Therefore, download this learning algorithm complete deck now to replace your old technology with machine consciousness, sentience, and mind. https://bit.ly/3xH1aFf
Smart Underpants: A New "Brief" in Health MonitoringBernard Marr
“Smart underwear” is just one of the latest advances coming out of the rapidly-expanding e-textiles industry. Find out what the latest intelligent garments can do for you (and why you’re not going to want to let them languish in your dresser!)
Will 2015 be the year of wearables? Will Apple Pay succeed? Why are enterprise apps getting more expensive and complex? What's happening with Big data? How should developers treat phablets?
Every year we analyse and summarise the key mobile trends for the following year and share with customers and partners. The main objective is to keep you up to date on what’s going on and give you insights into what these trends may mean for you. Last year our mobility predictions and UX/UI trend presentations were used in hundreds of workshops, lectures and jointly got more than 100,000 views on Slideshare.
The Top 10 Mobile Trends for 2015 are more exciting than ever as we are experiencing explosive growth in almost every area including mobile usage (apps and web), mobile commerce, payments, enterprise apps, Internet of Things, wearables, nearables (sensors) and invincibles, data driven mobile services (big data), mobility in healthcare, omni-channel retail and innovations in mobile application development.
Presentation for ASCE's July Branch Luncheon on Autonomous Vehicles by Ryan Snyder, Transportation Planning Expert, of transpogroup. Existing technology, timeline, technological possibilities, and potential benefits.
Considering this vital factors, with great enthusiasm Insights Success has shortlisted, “The 10 Most Innovative Automotive Tech Solution Providers 2019”, which are changing the world of automotive technology.
With great enthusiasm Insights Success has shortlisted, “The 10 Most Innovative Automotive Tech Solution Providers 2019”, which are changing the world of automotive technology.
Prepared by Helene Andre on June 2015
The impact of the Internet of things on the automotive sector.
How will it change business models, broaden business opportunities and bring new services to consumers
What are the next challenges from security to customer relationships
The Internet of things is spreading its influence on all the verticals we can think of. From healthcare to agriculture, connected devices are proving to be more and more valuable everyday.
On the consumer side, very much has been said about wearables and smart home appliances. But one of the industries the most impacted by the IoT revolution is definitely the automotive sector.
The internet of things is changing the way car dealers sell cars and consumers drive them. The emergence of new products and new services will ultimately craft a new economy for the car industry. If they want to survive, the various players of the automotive industry, from carmakers, to OEMs, to insurers, will have to adapt their business model.
Fortunately, most of them have already jumped on the bandwagon. All the players of the automotive industry are now catching up, competing with each other to launch ever more innovative features.
In this presentation, we explore how the IoT is impacting the automotive sector and what new services are emerging.
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
Artificial Intelligence In The Automotive Industry - M&A Trend AnalysisNetscribes
Artificial Intelligence (AI) is redefining the automotive industry. Organizations in the automotive industry are realizing the need to leverage advanced algorithms and computational structures, innovative testing and validation platforms, integrated cockpit solutions, and 5G network adoption and application deployment for building their next generation mobility services. As a result, mergers and acquisitions focused on acquiring AI capabilities is on the rise in auto sector.
The report provides a detailed analysis of more than 60 AI-focused deals in the auto sector over the last 10 years. Understand the specific AI technologies and capabilities that are high in demand, deal sizes, and the strategies driving those partnerships.
To purchase the full report, write to us at info@netscribes.com
Introduction to the existing automotive telematics software systems and the challenges facing the automotive industry to create the car app store of the future.
How IoT In Automotive Industry Is Transforming Smart CarsMindfire LLC
The Internet of Things is rapidly influencing every sphere of our lives. IoT in Automotive Industry is seeing one such rapid growth. As of 2020, an article by Deloitte cites that over 20 billion IoT devices are in use.
Overtly, the connected vehicle is the most recent embodiment of IoT technology. While automotive engineers and software developers both claim responsibility for this success, the real power behind the wheels lies with the IoT service providers.
How artificial intelligence use to manufacturing companieskoteshwarreddy7
Artificial intelligence (AI) is transforming the manufacturing industry in pretty dramatic ways, from driving efficiencies, increasing defect detection rates, and reducing scrap waste to improving sales forecasts and even giving company leaders the information they need to renew business models.
The Internet of Things: Are Organizations Ready For A Multi-Trillion Dollar P...Capgemini
The Internet is expanding. And this is not just in terms of getting accessible to more people; it is expanding beyond humans. Machines are becoming connected. Machines are talking to humans, but increasingly, they are also talking to one another. And this interconnectedness of machines, or the Internet of Things (IoT), is a potential multi-trillion dollar market that organizations can now tap into.
However, do organizations realize the scale of the opportunity? Capgemini Consulting conducted an extensive survey of IoT products and services of over 100 leading companies across North America and Europe. We also spoke at length with several industry executives at companies developing IoT solutions to understand the challenges companies face. This article presents the results of the survey and highlights the key hurdles companies are facing.
V2V and Federated AI at IoT Slam June 2019Sudha Jamthe
Sudha Jamthe introduced Federated AI, a distributed machine learning model and talks about Federated AI innovation possibilities in V2V (Vehicle to Vehicle Communication).
Ping her if you work in this space or want to work with her students to build Federated AI for Autonomous Vehicles
Presentation at Automotive Leaders Summit on April 7, 2016
Connecting the automotive value chain from design through consumer information and vehicle usage
The Industrialist: Trends and innovations that matter - June 2021accenture
Know more about the latest announcements impacting industry, from personalized car safety solutions to digital twins advancing the construction industry. Learn more https://accntu.re/3uR2HH1
Similar to Summary artificial intelligence in practice- part-5 (20)
Is your company’s human resources operation a true “business partner” that makes a major contribution to your bottom line? Or does it merely fulfil the daily tasks of hiring, firing and paying your employees? If the latter, don’t worry – that can change. So say the human resources experts who founded the RBL Group and the RBL Institute, a consultancy and an educational organization dedicated to helping HR leaders attain new levels of professionalism. Using the institute’s tools and tactics, you can “transform” your human resources department into a valued, knowledgeable and contributing member of your corporate team. While you don’t have to be a human resources professional to benefit from this book, its HR-speak presents a pretty dense thicket that might daunt a novice.
Why is a great company culture so rare? How can you make sure your organization has one? The good news is that creating an inspiring and sustainable culture is not as hard as you might think. Dr. David “Doc” Vik reveals the keys to success in The Culture Secret.
A remarkable culture begins with visionary leaders who help their teams take a holistic approach to creating engagement inside their companies and sharing it with customers. Discover how to take culture beyond casual Friday and into more meaningful conversations like:
•Driving Vision
•Defining Purpose
•Clear business model
•Unique/WOW factors
•Meaningful Values
•Inspired Leadership
•Great customers and customer service
•Brand enhancement
•Experience and the emotional connection
If you don’t think you have to focus on attracting—and retaining—the best employees in today’s hypercompetitive war for talent, you are living in the past. The employees and customers of today have a choice and a voice. The secret to culture is simple: take care of your people, never stop innovating, and leave customers wowed. Build a better culture to secure the future for any organization
Drawing upon a six-year research project at the Stanford University Graduate School of Business, James C. Collins and Jerry I. Porras took eighteen truly exceptional and long-lasting companies and studied each in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations. Throughout, the authors asked: "What makes the truly exceptional companies different from the comparison companies and what were the common practices these enduringly great companies followed throughout their history?"
Filled with hundreds of specific examples and organized into a coherent framework of practical concepts that can be applied by managers and entrepreneurs at all levels, Built to Last provides a master blueprint for building organizations that will prosper long into the 21st century and beyond.
How Stella Saved the Farm is a simple and logical book based on a story which narrates the learning process about making innovation happen. The book is divided in two parts and consists of total nineteen chapters. First part carries nine chapters and remaining are under the second part, which explains the conversion of idea into innovation and then great success. The story is about the competition of two farms one run and managed by animals (Windsor farm) and another by human beings (McGillicuddys farm). Windsor farm is working through change and innovation where the status quo is no longer good enough. Interestingly, in view of poor performance of Windsor farm McGillicuddy is hoping to take over the Windsor farm, but due to the innovations, Windsor farm crosses all hurdles and gets a remarkable status in the business.
Rumelt describes strategizing as identifying pivotal issues within your market and your industry and making a plan focused on forceful, results-oriented action. He reminds readers that strategy has little to do with ambitious goals, vision, leadership, innovation or determination. For many business leaders, strategy means promulgating meaningless slogans that tout impressive but unrealistic goals. A sound business strategy presents a specific action plan to overcome a defined challenge. Rumelt says good strategy involves multiple analyses and the painstaking development of thoughtful, expertly implemented policies that surmount obstacles and move the firm profitably ahead.
Can passion be taught? Can it be fostered? The answer is yes. But perhaps more accurately, a team leader must create the right conditions for passion to emerge. Those conditions must be nurtured, not unlike a gardener creating the right conditions for his plants to flourish. Make your job easier. Get the inside scoop on the secrets of success that motivate teams to top performance. In the matrix of workplace roles and responsibilities, managers are pivotal to corporate success. Yet a manager is often the unsung hero who must adapt to demands from all sides—and do so with little or no training, and without mentorship for the role. Learn from Dan Bobinski, who draws from 20 years of consulting experience, extensive studies of best practices, and the latest in neuroscience research. You'll learn the principles and methods top managers use to develop passionate, engaged employees who are dedicated to success. You'll be able to:
— Motivate without manipulating
— Turn mistakes into a fervent drive for quality
— Equip teams to enthusiastically adapt to change
— Create environments in which people strive for excellence—and more
Today's workforce requires managers to be more than just a person in charge. Creating Passion-Driven Teams show you how to tap your team's natural motivations and achieve consistent, sustained top performance.
Whether corporate governance is a burden meant to report compliance on companies’ performance, or can it be used as a competitive advantage in view of the changing laws, awareness and scenario is the important question which is present in the minds of those at the top of the company affairs including the CEO, Directors and Boards.
The book under reference, “Boards that Deliver”, by Ram Charan attempts to answer this question in a certain and prudent manner. The author believes that with the right set of practices, any group of directors can become a board that delivers value to the management and to the investors and goes ahead to demonstrate his points giving directions on various steps to be taken to make this happen.
"I'm the boss!"
It's a common mistake to think management is defined by formal authority—the ability that comes with a title to impose your will on others. In fact, formal authority is a useful but limited tool.
People Want More Than a Formal, Authority-Based Relationship with the Boss
Many managers—especially those who were achievement-driven stars as individual performers—don't even think about relationships. They're so task oriented that they put the work to be done and their authority as boss at the heart of what they do and assume they can ignore the human aspects of working with others.
The problem is that most people don't want your authority to be the be-all and end-all of the relationship. They want a personal, human connection, an emotional link. They want you to care about them as individuals. They want you to encourage their growth and development. Research tells us this kind of human relationship with the boss is a key factor determining an employee's level of engagement with the work.
We know of a small-company owner, a warm, decent woman, so pressed for time she consciously decided to avoid small talk at the office. She never opened up to people about herself or asked about their lives and interests. She didn't, that is, until her people rose up and expressed, through an intermediary, that they hated how she treated them. They wanted a real human connection with her, even if she was "the boss."
In his previous bestseller, Built to Last, Jim Collins explored what made great companies great and how they sustained that greatness over time.
One point kept nagging him, though — great companies have, for the most part, always been great, while a vast majority of good companies remain just that: good, but not great. What could merely good companies do to become great, to turn long-term weakness into long-term supremacy?
Collins and his team of researchers used strict benchmarks to identify a group of eleven elite companies that made the leap from good to great and sustained that greatness for at least fifteen years. The companies that made the list might surprise you as much as those left off (the likes of Intel, GE
and Coca Cola are nowhere to be found).
The real surprise of Good to Great isn’t so much what good companies do to propel themselves to greatness — it’s why more companies haven’t done the same things more often.
Value for the Reader :
The reader will walk away with a set of highly referred tools for increasing the personal & professional Mojo, which the author defines as “ That Positive Spirit towards what we are doing now that starts from the inside and radiates to the outside”
He defines his purpose as “ helping successful people achieve positive, lasting change in behavior “ . It is a real world advice embodied in simple processes for the reader to consider using that can improve his or her thinking , behavior and results.
Very thought provoking book and helps the reader to lead a happier, more purposeful and more productive life.
Strong Leaders at all levels within an organization are a requisite for business success. Yet the leadership pipeline –internal architecture for growing leaders is often broken or
nonexistent. This updated edition of the bestselling book has been revised to help address the challenges of today’s business environment. Anchored in experience based case studies, this
remarkable book synchronizes a proven model for planning leadership succession and development for corporate organizations. The Second edition is an improvement based on
learning and review of the authors who have drawn their work at more than one hundred international companies over a period of ten years since the first edition of the book with the same title was published. The book under review is addressed to the leading corporate organizations, where the succession path of leaders/ chief executives is being formulated & executed on a continuous basis to perpetuate the organization and make it strong and robust while facing trials and tribulations of corporate growth and success.
We attempt or avoid difficult conversations every day-whether dealing with an underperforming employee, disagreeing with a spouse, or negotiating with a client. From the Harvard Negotiation Project, the organization that brought you Getting to Yes, Difficult Conversations provides a step-by-step approach to having those tough conversations with less stress and more success. you’ll learn how to:
· Decipher the underlying structure of every difficult conversation
· Start a conversation without defensiveness
· Listen for the meaning of what is not said
· Stay balanced in the face of attacks and accusations
· Move from emotion to productive problem solving
In the continual quest for sustainable growth, companies
have traditionally focused on the competition.
They have fought over the same customers, tried to
improve on the same benefits, and hoped to wring
profits from a shrinking revenue stream. In Blue
Ocean Strategy, professors W. Chan Kim and Renée
Mauborgne argue that the key to success is to make the
competition irrelevant. They offer a practical, tested
analytical framework that innovators in any sector
can use to create new, uncontested market space. In
this “blue ocean,” organizations can take advantage
of untapped demand and deliver powerful leaps in
value—both for their customers and for themselves.
Emotional Intelligence 2.0 , a self-help book by Travis Bradberry and Jean Greaves, provides a toolkit and guide for readers to increase their emotional intelligence (EQ), which the writers say can be a benefit in business and personal relationships.
You can no longer count on a return to “ Normal” competitive conditions. The business world is flat, with capital & knowledge able to move anywhere instantly. Brands are losing value, regulations are increasing and competitors can come out anywhere. Filtered information, Selective hearing, Wishful thinking, Fear and Emotional over investment can all act to prevent an organization from Confronting and dealing with reality.
As a way to understand reality, the authors put a high premium on business savvy- the ability to understand the fundamentals of a business, and the connections between them. The book presents a model and process to help leaders learn business savvy to recognize the position of their business in wider external realities and to take action based on that understanding.
The triple bottom line consists of financial profit (or success), social justice, and environmental protection. It is sometimes summarized as “Profits, People, and Planet.” An intimately related concept is “sustainability”---corporations that are built to last, societies that are stable and just, and a global natural environment that is in a healthy equilibrium. The basic argument is that we live in a time when a narrow, short-term focus on the financial bottom line alone will generate dysfunctions among people and in the environment that will come back to bite the corporation.
Sustainability and the “3BL” are, instead, about mutual benefits flowing in all three directions. The challenge is to find the sustainability “sweet spot” (think golf) where all three interests coincide. Example: Toyota’s Prius low-fuel hybrid benefits the environment, the people who build or buy them, and the owners of the company. Certainly there will be trade-offs; 3BL choices and strategies will require negotiation and compromise. But this is now an economic reality, not just an altruistic dream
It could be argued that what’s new here is just a strong case that financially successful companies must think more broadly and holistically and be sure to take into account all their stakeholder interests, including the environment and society. But it is still the financial bottom line driving the business.
Business ethics is a huge canvas, bigger than sustainability, CSR, corporate governance, or the 3BL. Business ethics is about doing the right thing and building good organizations. Business ethics and values grow out of purposes, missions, and visions and are organically intertwined with corporate cultures. There are more than three bottom lines---there are bottom lines related to every stakeholder. Business ethics doesn’t just ask how to keep three of those stakeholders (owners, environment, society) going and make them last (sustain them) but about what is right and fair and just, about what would constitute excellence and success.
THE Bhagavad Gita is an Indian spiritual text of about 700 verses. The classic takes the form of a conversation between Krishna and Arjuna. The book by Debashis Chatterjee weaves their beautiful battlefield conversation into a narrative on the problems faced by leaders such as Arjuna and the solution provided by Krishna from a perspective that is both compelling and contemporary.
In this book, Krishna guides Arjuna through the ABCs of leadership. A for authenticity or truth; B stands for Being, which is the fundamental raw material for becoming a leader; and C stands for Convergence, which a leader achieves between his or her current reality and his & her goal, or between a problem/ challenges and its solution.
In the chapter “Leaders are Masters of their Minds”, the book poses the question: How does one begin the conquest of the turbulent mind? Krishna’s prescription is to return to the calm and stillness of the real self. Self-image is characterised by change and anxiety while the real self stands still in intense observation.
Stillness is the power behind intense action. Timeless leaders have taught us the art and science of always being still. Timeless leaders succeed only by the application of stillness. A mind that is restless, anxious, and nervous always misses the mark. Only a steady, controlled, almost machinelike hand can shoot the arrow that hits the bull’s eye. Krishna speaks of being indivisibly one with one’s goal, even like the arrowhead that has struck into the target.
An undivided concentration naturally brings about an absolutely unshakable stillness. The journey towards self-realisation involves the disciplines of silence and solitude. The Bhagavad Gita tells us: “The unreal has no being: the real never ceases to be. The final truth about them both has thus been perceived by the seers of ultimate reality”.
In the concluding chapter, the book relates the plight of the modern leader stuck on the information superhighway. Krishna argues that the busy mind is a mob of unprocessed thoughts and emotions. The only way to deal effectively with this mob is to create distance between the mob and the observer, who can now see the mob without being part of it. This observer within the leader is like the screen on which a filmed drama is projected.
By reading this book or the summary you learn about
· Why Leaders are effective because of who they are on the inside –Being of the person.
· How to go the highest level of leadership by developing character qualities from the inside out.
· How true commitment inspires and attracts people.
· How to start and sustain the process of continuous personal growth.
The commonly held belief that life gets easier at the top is partly true. The loftier your role in a large enterprise, the more control you have over your day-to-day activities and more you are compensated for them. But the challenges also get tougher. For one thing, you are more visible. Your mistakes, and your ability to recover from them will be noticed. Also, fewer positions exist at that rarefied level. To advance, you have to either displace someone above you or create an entirely new business. Failure is not an option, unless you can make it seem like success. To manage all this with Integrity- that is a challenge indeed.
There are two ways to proceed. You can practice relentless discipline: curbing every impulse, making every moment count , and preparing diligently for each potential challenge. Or you can approach the world with insouciant savoir-faire, trusting that your charm and resourcefulness will get you through while making it all look easy.
At the heart of this book is a question about the proper way to live. To what extent must we lead disciplined lives to be powerful people? Is that discipline a matter of duty, compensation for the original sin of being imperfect, or is it a matter of joy, of calling forth the inner golden virtue that lies deep within all of us ? In Goldsmith’s eye, it is both- and it is both- an if you dare to take on the practices he recommends, you may come to agree with him.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
[Note: This is a partial preview. To download this presentation, visit:
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
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Summary artificial intelligence in practice- part-5
1. Some Impressionistic Take away from the Book of
Bernard Marr & Matt Ward
Artificial Intelligence in Practice
( Part – 5)
( How 50 Successful companies used AI & Machine Learning to Solve problems)
Ramki
ramaddster@gmail.com
2. The Summary of this book is made in 4 parts
due to large coverage of the book .
This is Part – 5
( Read this after Part-1 , 2 ,3, 4)
5. BMW creates some of the most high-tech cars we have yet seen. The
German giant builds 2.5 million vehicles every year and sells them all over
the world.
But technology is not just limited to the cars it builds, its business model is
built on Big Data which drives everything it does across design, engineering,
production, sales and customer support.
Thanks to AI, data-driven predictive analytics and other cutting edge
technologies BMW is able to build the cars of today while at the same time
envisaging and bringing to reality the cars of tomorrow.
BMW is clearly confident in its belief that cars of the near future will pilot
themselves, rather than relying on human drivers. All the big auto
manufacturers are staking their claim in a driverless future, but BMW has
done so with more confidence than most. It has stated that its aim is for its
vehicles to achieve full “level 5” autonomy by 2021.
Level 5 Autonomy tops the scale defined by the US Department of Transport
as it made preliminary investigations into how legislation for autonomous
vehicles would work. It indicates that the car will be capable of driving with no
human input or supervision and operate at least as effective as a human
driver in any conditions and on any road.
BMW
6. More details of how this would be achieved began to emerge earlier
this year when BMW announced a partnership with Intel, which itself
had recently acquired Mobileye, a leader in computer vision
technology.
Computer vision is based on the idea of teaching machines to “see” in
the same way humans do, using cameras instead of biological eyes
and to interpret the information in a similar way to our brains.
It is an advanced form of image recognition – which can be seen in
action in Google Image Search as well as many other ML applications,
where machines have been taught to sort and classify images,
becoming more adept as they are exposed to more and more data.
Of course, rather than sorting harmless images of cats and dogs on
the internet, the computer vision used in autonomous driving will have
to be capable of reading all of the input data from the cars’ cameras
and sensors and analyzing it in real-time - quickly enough to take
emergency action at 100 kph.
BMW & Mobile eye
7. One group of people for whom the concept of not having to drive
themselves around is nothing new is Rolls Royce owners.
Unsurprisingly, this brand (also owned by BMW) styles its self-driving
software as a virtual chauffeur. At the controls of the concept Model
103EX is Eleanor, named after the actress and model believed to have
been the inspiration for the cars’ famous Spirit of Ecstasy hood
ornaments.
The body is made from one seamless, molded piece of metal, in the form
of sculpture and the car generates a personal red carpet using LEDs for
when its occupant steps out.
Sure, this might not be the sort of car most of us will own in 10 years, but
the design of the 103EX gives us some clues about how the super-rich
will be served by AI and autonomy.
For other applications which are likely to enjoy a wider exposure among
its customers, BMW has partnered with a number of other leaders in the
AI field, including IBM. Its Watson cognitive computing platform was used
in prototype i8 hybrid vehicles to learn about how drivers and their cars’
systems can interact more comfortably and naturally.
Automated Chauffeurs
8. Through its partnership with location data service provider Here (which BMW co-
owns along with Volkswagen and Daimler after acquiring it from Nokia last year),
data is already been collected which could help educate the first wave of
consumer-ready self-driving cars
Data including video from onboard cameras, machine data such as braking force,
wiper and headlight use, and GPS information, is already being scooped up by
vehicles and fed into Here to help with mapping and route planning in today’s
cars.
Tomorrow it could also be used to train them how they should react and behave
when they become fully autonomous.
Another innovation which is in use today but could form the foundation of more
complex services in the future is shown through its partnership with Parkmobile,
which offers mobile payment for parking services across the US.
A recently announced deal will see the systems installed as standard across a
range of BMW models. It will allow drivers to find and pay for parking spaces at
their destinations before they set off. As well as convenience, this has the
advantage of cutting carbon waste as the average driver spends 20 minutes
searching for his or her parking space on each trip to somewhere unfamiliar. In the
future when vehicles are autonomous it is planned that these systems will allow
machine-to-machine payments to take place transparently to the driver.
Location Analytics
9. Self driving cars are seen by every major automobile
manufacturer as the future of personal transportation.
The autonomous cars of the future will be safer & more
efficient thanks to their use of AI to anticipate & react to
unexpected circumstances on the road.
Traditional car companies are partnering with tech companies
to bring in the expertise needed when it comes to integrating
cutting-edge cognitive software with large-scale production.
We are likely to see far greater integration of AI manually
driven cars in the form of virtual assistant AIs, changing the
way we operate & interact with vehicles.
Results, Key Challenges, Learning points & Takeaways
11. Founded by Thomas Edison & today operates globally –
Power, manufacturing, healthcare, aviation, oil & gas ,
financial sector.
Challenges- Data- driven, Digital revolution & need for a
switch to more sustainable sources of energy.
The global energy industry is facing disruption as it transitions
from fossils to renewables (and occasionally back again). Its
challenges include balancing growing demand in developing
nations with the need for sustainability, and predicting the
effect of extreme weather conditions on supply and demand.
GE has invested over a billion dollar in 5 years transforming
itself from an industrial company to a software & analytics
company – Smart and self learning machines.
GE
12. GE Power – whose turbines and generators supply 30 percent of the
world’s electricity – has been working on applying Big Data, ML &
IoT technology to build an “internet of energy” to replace the traditional,
linear, one-way model of energy delivery.
Ganesh Bell, first and current chief data officer at GE Power, -“If you think
about it, the electricity industry is still following a one-hundred-year-old
model which our founder, Edison, helped to proliferate. It’s the generation
of electrons in one source which are then transmitted in a one-way linear
model … That whole infrastructure is now being tested and pushed every
day because of the challenges we’re talking about.”
The answer to these challenges, Bell believes, lies in taking advantage of
the networked, grid-based generation and delivery infrastructures, while
augmenting it with the flow of data. “We think of a world where every
electron will have a data bit associated with it, and we associate and track
that data and optimize it, and suddenly, from a linear model, we have
moved to a networked model,” says Bell. It certainly makes sense in a
world where everything is increasingly becoming networked and
connected – from the devices in our homes to transport networks.
How GE uses Technology in Practice
13. Functions enabled by advanced analytics and machine learning, such as
predictive maintenance and power optimization, can then be applied to
critical infrastructure machinery.
As Bell says, “We have seen results like reducing unplanned downtime by 5
percent, reducing false positives by 75 percent, reducing operations and
maintenance costs by 25 percent – and these start adding up to meaningful
value.”
As well as asset performance management, GE categorizes its data-powered
applications into two other groups – one is operations optimization, which
focuses on insights that can be applied across a whole plant, or enterprise.
And the other is business optimization – applications designed to improve the
profitability of customers, “So they can use weather data, energy market
pricing data, lots of internal and external data to make sure they are
capturing every opportunity for optimizing their business and being more
profitable.”
Put together, these three categories of application make up the foundations
of GE Power’s vision for the “digital power plant” – the first step towards
making the internet of energy a possibility.
How GE uses Technology in Practice
14. The power industry demand increase is over 50% in next 20 years-
cutting carbon footprint by 50%.
Data feeds directly into applications such as GE Power’s own asset
performance management software, which enables equipment to be
monitored even if it’s from a third-party manufacturer, meaning it
covers every machine in a power plant, whether or not it’s
manufactured by GE.
Advanced analytics powered by AI has the potential to help with this
mission.
Predicting peaks & troughs in the demand for energy within a
geographic region means increased efficiency & less waste.
Interpretation of data and drawing insights is the real value .
Datafication is, along with decentralization (the move towards
generating power close to where it will be used) and decarburization
(the move away from fossil fuels), one of the three “Ds” disrupting the
energy industry. And with that data comes great value.
Results, Key Challenges, Learning points & Takeaways
16. Founded by a small town blacksmith as a toolmaker & over 150 years
later has become global leading manufacturers & suppliers of
agricultural & industrial machinery.
Technological innovator- GPS technology in late 1990s.
Has transformed into a technology company – selling data as a
service to allow farmers to make better decisions for their operations.
Offering autonomously driving tractors, intelligent sensors & software
& agricultural drones.
In just 30 years’ time, it is forecasted that the human population of our
planet will be close to 10 billion.
Producing enough food to feed these hungry mouths will be a
challenge, and demographic trends such as urbanization, particularly
in developing countries, will only add to that.
This leads to efficient use of the land – increase use of fertilizers.
Environmental risks, direct hazards – concern on human health.
John Deere
17. Developed ML technology designed to ensure that where herbicides &
pesticides are used, they are used as sparingly as possible.
Vastly has cut down the waste, reducing energy usage & environmental
impact of pesticide production.
Less pollution of local rivers & waterways and optimization of food
production.
Company uses Blue River technology- acquired in 2017.
Harness computer vision techniques to sense where crops are threatened
by pests, and control robotic equipment capable of firing accurate blasts
of pesticide chemicals at the affected crops while leaving others
untouched.
Vast database of crop photographs- used computer vision algorithms to
determined which phots showed crops that were affected.
Compares with database and takes action.
Cutting edge AI technology and also Farmsight – data driven decisions
about where and when the crops to be planted.
How AI used in Practice
18. Precision agricultural system will reduce the quantity of
pesticides sprayed by 90%.
Means higher crop yields for farmers and reduce manpower .
Advanced AI will provide solutions for higher food production
for the world.
Precision agriculture means reduction in amount of harmful
pesticides – reduction in pollution.
Automation along with sensing and decision making
technology will break new grounds.
Teaching automated systems to recognize the difference
between afflicted and healthy crops – with vast amount of
photographic data.
Results, Key Challenges, Learning points & Takeaways
20. KONE’s mission is to improve the flow of urban life.
The Finnish-headquartered elevator and escalator engineering and
maintenance company is responsible for 1.1 million elevators
worldwide.
As well as offices and apartments, it runs people-moving machinery at
airports, stadiums and exhibition venues. At Heathrow airport in
London alone, it is responsible for moving 191,000 people daily, using
1,035 escalators, elevators and auto walks.
This is a huge responsibility since breakdowns or faulty equipment can
cause delays affecting thousands of people.
In recent years, KONE has intensively ramped up efforts to capture as
much data as possible from this machinery and put it into the cloud.
From here their analysts, backed with sophisticated AI and machine
learning courtesy of IBM’s Watson Platform, can ensure that
everything is operating efficiently, and technicians can diagnose and
react to problems as soon they are predicted to occur, rather than
having to wait and act after something goes wrong.
Kone
21. CEO Henrick Ehrnrooth says “We are connecting elevators and
escalators to the cloud – over the next few years we are planning to
collect more than a million of them.
Of course with Internet of Things and cloud, that means we’re collecting a
lot of data, and this enables us to provide significant value for our
customers.“
“The key technology – sensoring – it’s out there.
A lot of people are doing it. We’re taking it further by focusing on how we
can improve the business of our customers.
When you’re managing a building it’s important to have a full
understanding of what’s going on, all the time – what is happening? How
is the equipment performing? How are people moving in the building?
KONE’s system – which can interface directly with the company’s own
escalators and elevators to access machine data directly, or use sensors
to collect data from machinery installed by other manufacturers – gives
real-time readouts on everything from start and stop times, to
acceleration, temperature, noise levels and vibrations running through
cables.
How AI used in Kone
22. The site takes machine data as elevators communicate through the cloud
and translates it into human speech – it’s an interesting glimpse into what
the idea that machines are now capable of talking to each other really
means!
KONE announced that it will package this data and provide it to customers
– lift and elevator operators – with the name 24/7 Connected Services.
A limited amount of Edge computing is also carried out – with some
decisions about what data is or isn’t useful made at the point where it is
collected from the machinery itself. This cuts down on overall data volume
by eliminating useless “noise” at the source.
With this basic functionality in place, KONE has just completed the first
step of the journey that it is hoping to take with machine learning and
predictive analytics.
“Now that we have the Watson IoT platform in place, this is just the start”,
Ehrnrooth says. “Now we have the elevators connected to the cloud, and
we are connected to our customers, we can very easily add different
services and parts to the package.”
How AI used in Kone
23. The plan is that the Watson system will soon be able to act as a real-time
adviser to technicians, equipped with hand-held terminals and able to get
instant insights to any problems they come up against during their day-to-
day routines.
“They will be told ‘there is X% likeliness that this is the problem, and this is
how you should fix it’, and that assistance will come from what the system
has learned while it’s been running, and the technical documentation
that’s been fed into it.”
Other ideas include deploying Watson into call centers, where it will
analyze customer telephone conversations, offering customer service staff
real-time help in the same way it does for technicians.
Looking perhaps a little further into the future, the idea of “personalizing”
elevator rides is on KONE’s agenda. Just as the wealth of newly available
and capturable data on individuals is enabling personalized shopping and
healthcare, so could it add value during the time we spend going up and
down between floors.
Results, Key Challenges, Learning points & Takeaways
25. German parent company of Mercedes-Benz- Luxury cars &
consumer vehicles.
Renowned precision engineered automobile brand.
Investing heavily on automation & 4th industrial revolution
technology- design to productions & to vehicles.
Using AI to create efficiencies in vehicle production,
transportations and passenger transport.
Design and Manufacturing is labour intensive & costly process
Equipment breakdown & human error will lead to wasted
resources , costly delays & injury.
Car ownership to ride sharing, public transport means declining
customer base.
Changing urban landscapes – less friendly owners & operators
personal vehicles.
Daimler AG
26. Daimler has unveiled the Future truck 2025 – self driving heavy
good vehicle.
Has a cabin to transport a crew and can navigate fully
autonomously – improved road safety & lower fuel cost.
Benz is investing in AI car – Known as MBUX to free up drivers
from repetitive or distracting tasks while on road.
Active climate control via indirect commands such as when
driver says “ It is hot”.
Daimler AG
27. Daimler appears to be fully committed to the 4th Industrial
Revolution when you look at the digitalization of its factories, sales
and customer experience efforts—all made possible through the
technology of big data and machine learning.
Digitalization of factories allows Daimler to have real-time
knowledge of supplies, efficiently respond and adjust to the
customization required for each vehicle as demanded by today’s
consumer and helps Daimler be flexible, efficient, quick and smart
in its production of cars.
Every element of Daimler’s production is impacted by digitalization
from digital design and prototyping to networked production. The
company is showing how humans and robots can co-exist and
enhance production.
Because production is connected, the customer gets to joyfully
anticipate their new car and follow it from contract to creation along
the production route with a new tool called Joyful Anticipation.
Daimler AG
28. Most of Daimler’s AI projects are in Pilot or prototype stage .
Company is focused on intelligent, self-learning technology .
Company partnered with Nvidia to design deep learning based
systems 4 years ago.
Production environments data is gathered from cameras &
sensors fitted with machinery as well as data from computerized
stock control systems, machine data & customer feedback.
Benz is moving away fro traditional background as a car maker
& positioning itself as a data-driven technology company.
It competitors are just like to be Google & Apple as BMW or
Toyota.
Production lines of the near future will be safer, faster and more
efficient, thanks to improved ability to collect and analyse data at
every step of the process.
Results, Key Challenges, Learning points & Takeaways
30. NASA will launch its next mission to Mars in 2020.
So far 4 Mars Rover craft is on the surface of the Red planet.
NASA- deep space probes- New Horizons mission to Pluto &
the Voyager mission to the outer reaches of Solar system .
Challenges in space explorations is the limited amount of
bandwidth for communication back to earth- due to distance.
Unmanned aircraft often be out of contact with humans for long
period of time.
Ability to make autonomous decision about what information is
valuables to their earth bound operator is vital.
Limited amount of power available to operate the spacecraft- far
from charging stations, further from Sun’s source of solar
energy, power usage must be predicted and monitored.
NASA
31. Spacecraft- equipped with a large number of sensors to capture data/
information.
Space is empty vacuum & planetary surfaces are comprised of lifeless,
inert matter, no different from that found on earth.
Teaching space-faring machines to recognize the anomalous data is the
main purpose of AI work carried out by NASA.
We want spacecraft to know what we expect to see & recognize when
observes something different.
Smart systems monitors the power usage and determines which systems
are using more energy and what systems can be shut down.
AI driven robots are also increasingly being used instead of human
beings.
NASA currently uses a robotic system known as Robonaut 2 to assist
humans carrying out complex technical operations in the hazardous
situations of outer space.
Robots are equipped with AI driven image recognition technology.
NASA-AI
32. Earlier it to 24 minutes for information gathered by sensors to
reach earth & another 24 minutes for instruction based on
that information to be returned to the red planet.
This delay is obviously far longer.
With AI this information instant
NASA is pioneering AI to help solve problems in outer space
as well as back home on earth.
Space exploration generates huge volumes of data, and it is
far more efficient to use autonomous machines to work out
what is worth sending home & what can be discarded.
Technology developed for space exploration often has
utilities back home on earth- and licensing them can help
fund the high cost of development & deployment in space.
Results, Key Challenges, Learning points & Takeaways
34. Royal Dutch Shell is heavily investing in R & D of AI, which it
hopes will provide solutions to some of its most pressing
challenges.
From meeting the demands of a transitioning energy market,
urgently in need of cleaner and more efficient power, to improving
safety on the forecourts of its service stations, AI is at the top of
the agenda.
Current initiatives include deploying reinforcement Learning in its
exploration and drilling program, to reduce the cost of extracting
the gas that still drives a significant proportion of its revenues.
Elsewhere across its global business, Shell is rolling out AI at its
public electric car charging stations, to manage the shifting
demand for power throughout a day.
It has also installed computer vision-enabled cameras at service
stations, which are capable of detecting customers lighting
cigarettes – a severe hazard.
Shell
35. Encouraging motorists to switch to an electric vehicle is seen as key to
reducing the Co2 emissions caused by humanity, and limiting their effect
on climate change.
But it involves something of a chicken-and-egg problem. Motorists are put
off making the switch due to a lack of public charging terminals, and
forecourt operators may be slow to adopt them due to a lack of demand.
Shell’s answer to this problem involves deploying AI to monitor and
predict the demand for terminals throughout the day, enabling power to be
supplied more efficiently.
“If you think about it,” says Jeavons, “as a grid operator you’re operating
many, many electric charging posts … if all the cars plug in at the same
time and automatically start charging, you create a big load on the grid t,
by the way, can’t be filled by solar, because it’s 7 am or 8 am in the
morning.”
“So, what we can do by understanding people’s charge profiles is we can
spread the load during the day, which basically means we can save the
consumer money.
Shell- Charging Efficiency
36. Another initiative being trialed in Singapore and Thailand involves the use
of computer vision at service station forecourts. Computer vision –
cameras which can “think” and understand what they are filming – are
trained to watch out for the potential hazard of customers lighting
cigarettes in the vicinity of pumps and refueling vehicles.
Camera data is processed by what is essentially the same technology
powering Google’s reverse image search, which allows the content of the
picture to be labeled and categorized.
When an image is detected that matches what the algorithms “know”
(through training) is a person lighting a cigarette, alerts can be issued
allowing the forecourt staff to close down nearby pumps and reduce the
risk of fires or explosions.
This relies on “edge processing,” with camera data being analyzed locally
to avoid the delay that would be inevitably caused by sending it to the
cloud and back before action could be taken. While it currently focuses on
spotting smokers, in the future the technology could also be trained to
detect other hazards such as reckless driving, criminal damage or theft.
Shell- Monitoring Forecourts
37. Shell is involved in the entire oil and gas supply chain – from mining
raw hydrocarbons from the earth to refining them into fuel and
various other products, to retailing them to businesses and
individuals. AI is being rolled out or trialed at each step of this
process. Recent developments include the adoption
of Reinforcement Learning – a form of “semi-supervised” ML to
control its drilling equipment.
While machine learning can work with either labeled data
(supervised learning) or unlabeled data (unsupervised learning),
reinforcement learning takes a middle-ground approach by
incorporating a reward system, dependent on the outcome of the
AI's "choices."
As Jeavons says, “The key thing is you’re giving the [AI] agent the
autonomy to make the decision. But you’re providing input into the
model, so you’re providing reward or penalty functions on the basis
of what’s happening in the model, and how the model responds to
the set of conditions that you give it.”
Shell- Precision Drilling
38. Shell is involved in the entire oil and gas supply chain – from mining
raw hydrocarbons from the earth to refining them into fuel and
various other products, to retailing them to businesses and
individuals. AI is being rolled out or trialed at each step of this
process. Recent developments include the adoption
of Reinforcement Learning – a form of “semi-supervised” ML to
control its drilling equipment.
While machine learning can work with either labeled data
(supervised learning) or unlabeled data (unsupervised learning),
reinforcement learning takes a middle-ground approach by
incorporating a reward system, dependent on the outcome of the
AI's "choices."
As Jeavons says, “The key thing is you’re giving the [AI] agent the
autonomy to make the decision. But you’re providing input into the
model, so you’re providing reward or penalty functions on the basis
of what’s happening in the model, and how the model responds to
the set of conditions that you give it.”
Shell- Precision Drilling
39. Algorithms designed to guide the drills as they move through a
subsurface are trained on historical data from Shell’s drilling records,
as well as information gathered from simulated exploration.
It covers mechanical information from the drill bit, such as temperature
and pressures, as well as data on the subsurface from seismic
surveys.
The result is that a Shell geosteerer – the human operator of the
drilling machine – is able to understand the environment more
accurately they are operating in, leading to faster results and less
wear, tear and damage to machinery.
In many ways the challenge was similar to those faced by developers
working on self-driving cars – only instead of navigating hazards a
vehicle might encounter on the road, the drilling machinery must
autonomously adapt to changing conditions under the ground.
“What GE expect is that this will probably never fully replace
geosteering as a discipline, but it will allow a single geosteerer to
support many more wells.”
Shell- Precision Drilling
40. Shell employs AI solutions across its business with key to use
cases around meeting its energy transition targets.
Drivers often cite lack of available charging stations as a
reason for continuing to choose fossil fuel – vehicles.
Charging site owners don’t like to front the cost of installing
infrastructure before the user base is in place- but supply
infrastructure as a demand helps them to share some of the
risk with the shell.
AI can be used to understand & predict energy demand at
recharging points, and can regulate supply to avoid adding
unnecessary strain at peak times.
Results, Key Challenges, Learning points & Takeaways
42. Trains that are never late? But Siemens say that thanks to Big Data and
analytics it could soon be a reality.
Train operators have responsibility for getting millions of people to where they
want to be every day. When journeys are delayed it causes not only
disruption to people’s schedules, but operators often face large financial
penalties.
Siemens AG is one of the world’s largest providers of railway infrastructure,
serving rail operators in over 60 countries. Through harnessing Big Data,
sensors and predictive analytics they say they can now guarantee their
customers close to 100% reliability.
It calls this the “Internet of Trains” – the on-rails segment of the wider “
Internet of Things” concept which describes how everyday objects of all
shapes and sizes can now be connected together online and given the ability
to communicate and capture data for analytic purposes.
“We are helping our customers to get more value out of their assets,” Gerhard
Kreß, director of mobility data services at Siemens
“Customers have invested a lot into their assets – trains, rails, signaling –
and our task is to help them get better returns.”
Siemens
43. Sensors on an Internet of Trains system monitor everything from engine
temperature, to the open or closed state of doors, to vibrations on the
rails, and even image data from outside of the trains using cameras.
Machine data on how systems are operating is also used, as are external
real-time datasets such as meteorological information.
The data is used to achieve one of three ends. The first is improving asset
availability, and this includes the ability to carry out “predictive
maintenance” – which means making data-informed decisions about the
best time to replace and repair components, ideally before they break and
when the equipment would not otherwise be in use.
Secondly, it can be used to increase energy efficiency, which has
environmental as well as financial benefits.
This includes micro and macro-management – not only can the
performance of individual components be monitored to identify sources of
inefficiency, but the overall status of a rail network can be monitored to
ensure tracks are clear and all trains are where they should be. This
means they can travel at optimum speeds without having to worry about
what’s in front of them.
Siemens-Internet of things
44. The third objective is to improve asset utilization. This basically means
the network is transporting as high a volume of passengers and cargo as
possible.
“We use data from rail vehicles and the infrastructure. Classically these
are complex systems which have their own diagnostic elements so we
take everything we can learn from the on-board diagnostics and augment
that with sensor data and log file data,” says Kreß.
As well as reliability, very positive results have been achieved in the area
of fault-spotting and predictive maintenance.
“In the case of [German national train operator] Deutsche Bahn, we have
been monitoring the bearings, the gearboxes, motors and other elements
since October and we have not overlooked a single component failure – I
am very glad that we managed to pick them all up.”
It is this level of reliability that has allowed Siemens to really put its
money where its mouth is, by offering uptime guarantees, meaning they
share the risks – as well as the rewards – with the train operators
themselves.
Siemens-Internet of things
45. Reducing the delays & minimizing environmental impact are
the key drivers to the move towards a smart automated
system in rail networks.
Sensor data can be overlaid with operational data such as
breakdown & maintenance reports to give a fuller
understanding of factors that cause delays when it is used to
train AI systems.
Increasingly unstructured data such as visual data from
camera feeds will be a key ingredient in this mix. Image
recognition software helps make sense of this unstructured
data by turning it into information that machines can
understand and correlate with other data resources.
Results, Key Challenges, Learning points & Takeaways
47. Tesla has become a household name as a leader and pioneer in the
electric vehicle market, but it also manufactures and sells advanced
battery and solar panel technology.
As a tech pioneer with a significant interest in the race to build and
market autonomous vehicles, it makes sense that today they would be
deeply interested in artificial intelligence. However, it was only this
month that the business’s billionaire founder and CEO Elon Musk
publicly announced it is working on its own AI hardware.
This is definitely interesting if not exactly surprising. Musk, after all,
has been outspoken in his views about AI. As well as revolutionizing
almost every aspect of society, he has warned that it will cause
widespread job losses and possibly even start World war three.
He is also a co-founder of OpenAI, a research organization dedicated
to ensuring that AI is developed and deployed in a safe, manageable
way so as to minimize any existential risk robots may one day pose to
humanity.
Tesla
48. Not many details have yet been made public about Tesla’s new AI, though it is
believed it will process the “thinking” algorithms for the company’s Autopilot
software which currently gives Tesla vehicles limited (“level 2”) levels of
autonomous driving capability. Musk has said that he believes his cars will be fully
autonomous ( Level 5 Autonomous) by 2019.
Tesla has been criticized by some for appearing over-eager to be first to bring
autonomous cars onto the roads, in the light of what is being seen as the first fatal
accident involving a car which was driving itself.
But as a business decision, it is hoping its pushy tactics will pay off, with experts
concluding that the company has trumped its rivals in the data-gathering
department.
All the vehicles Tesla have ever sold were built with the potential to one day
become self-driving, although this fact was not made public until 2014 when a free
upgrade was rolled out.
This means the company has had a lot more sensors out on the roads gathering
data than most of its Detroit or Silicon Valley rivals, many of which are still at the
concept stage. Having just launched its first mass-market car, the Model 3 with a
price tag of $35,000, the company is expecting the number of its vehicles on the
road to increase by almost two thirds to around 650,000 in 2018 – and that’s a lot
of extra sensors.
Tesla
49. In fact, all Tesla vehicles – whether or not they are Autopilot
enabled – send data directly to the cloud.
A problem with the engine operation meaning that components
were occasionally overheating was diagnosed in 2014 by
monitoring this data and every vehicle was automatically
“repaired” by software patch thanks to this.
Tesla effectively crowdsources its data from all of its vehicles as
well as their drivers, with internal as well as external sensors
which can pick up information about a driver’s hand placement
on the instruments and how they are operating them.
As well as helping Tesla to refine its systems, this data holds
tremendous value in its own right. Researchers at McKinsey and
Co estimate that the market for vehicle-gathered data will
be worth $750 billion a year by 2030.
Tesla
50. The data is used to generate highly data-dense maps showing everything
from the average increase in traffic speed over a stretch of road to the
location of hazards which cause drivers to take action.
Machine learning in the cloud takes care of educating the entire fleet,
while at an individual car level, edge computing decides what action the
car needs to take right now.
A third level of decision-making also exists, with cars able to form
networks with other Tesla vehicles nearby in order to share local
information and insights.
In a near future scenario where autonomous cars are widespread, these
networks will most likely also interface with cars from other manufacturers
as well as other systems such as traffic cameras, road-based sensors or
mobile phones.
Although details are scarce on the new AI technology that Tesla was
creating, its current AI – driven by a partnership with hardware
manufacturer Nvidia – is largely based on an unsupervised learning
model of machine learning.
Tesla
51. The high level of road causalities we see each year shows that
human cognitive & motor skills are not ideally suited to the task of
piloting one-ton hunks of metal, at speed exceeding 100 Kmph.
Machines can react far more quickly and safely and communicate
between themselves more effectively.
Giving cars the ability to “learn” how to safely navigate is
dependent on gathering large volumes of data. This can be done
under simulated conditions but information gathered from the real
world is likely to contribute to better understanding of reality.
There still exists a healthy scepticism in public opinion over the
safety of autonomous vehicles. Until there is enough data to
effectively counter this, politicians & legislators are likely to be
extremely cautious when it comes to creating a legislative
framework for their operation.
Results, Key Challenges, Learning points & Takeaways
53. Volvo cars-Swedish company – reputation of producing automobiles with
great record of safety.
Cars are increasingly generating more and more data as they become
ever more connected and empowered by smart, Internet of Things
technology. The need to capitalize on this data is forcing auto
manufacturers to rethink their data strategies.
Thanks to modern telemetry, vehicles have been gathering and
transmitting data on how they are used for several decades. But the real
explosion in data volume is down to customer data available from the
applications and services available to today’s motorists.
The generally accepted definition of a “connected car” is a vehicle which
can access online information and use it to assist in the maintenance
and operation of the vehicle, as well as enhance the comfort and
convenience of drivers and passengers.
Research suggests that by 2020, 75% of new cars shipped will fit this
definition. The glut of data that will come with connected cars presents
unprecedented opportunities for insight, but also significant challenges.
Volvo
54. Identifying areas where analytics could provide the most benefit is part of
Wassen’s job. Since Volvo launched its first car with internet connectivity
in 1998, it has worked to evolve its data strategy, initially working on
combining warranty claim data with telemetry to predict when parts would
fail or when vehicles would need servicing.
The growing complexity of this dataset, along with the richness of the
insights, prompted the business to vastly upscale its analytics technology,
and today, it works with Teradata to carry out predictive, machine-learning
driven analytics across petabyte scale datasets.
Their Early Warning System analyses over one million events every week
to discern their relevance to breakdown and failure rates.
As well as predicting failure and breakdown rates, the company has put
data to use in order to uphold its reputation as a maker of safe vehicles.
One pilot project launched last year and scheduled to run until 2017
involves 1,000 cars fitted with sensors to detect driving conditions. The
focus here is on monitoring the vehicles’ performance in hazardous
situations such as when roads are icy. Data is uploaded to the Volvo
Cloud and also shared with the Swedish highway authorities..
Volvo
55. The third focus of Volvo’s analytic strategy is improving driver and
passenger convenience.
Efforts here involve monitoring the use of applications and comfort
features to see what their customers are finding useful, and what is being
underused or ignored.
This includes entertainment features like built-in connectivity with
streaming media services, as well as practical tools such as GPS, traffic
incident reporting, parking space location and weather information.
“We are looking into what types of applications are being used and we
continuously measure this in order for us to understand what it is that the
customers want us to develop in the future,” says Mr.Wassen
Of course, the next hot topic in the car world is autonomous vehicles, and
Volvo, unsurprisingly, see safety as the main beneficiary here.
A National Highway Safety Administration report found last year that 90%
of US road accidents can be blamed on driver error. This helped firm up
Volvo’s belief that removing the driver from the equation will lead to the
largest ever reduction in accidents.
Volvo
56. Has enabled to understand the faults & errors that occur within
its connected cars.
Better anticipation of servicing and repair centres.
Future of cars lies in autonomy and deep learning is the key to
making it a reality.
Roll out will be gradual –cars becoming gradually more
autonomous before self-driving cars become the norm.
Safety is considered to be one of the key benefits of autonomy
in cars- will reduce number of accidents caused by human error.
Results, Key Challenges, Learning points & Takeaways
57. Mail your comments to
ramaddster@gmail.com
End of Part -5 ( Concluding Part)