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Re: Biggest AI & IoT trends of 2017

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Top 10 Hot Artificial Intelligence (AI) Technologies by Forbes 1. Natural Language Generation 2. Speech Recognition 3. Virtual Agents 4. Machine Learning Platforms 5. AI-optimized Hardware 6. Decision Management 7. Deep Learning Platforms 8. Biometrics 9. Robotic Process Automation 10. Text Analytics and NLP See the full article here

IIoT-Enabled Artificial Lift Optimization Pumping Up Production in Tough Times

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ARC has been blogging over the last few years about new products, solutions or technologies that may be able to provide operational improvements to operators and end users across process, discrete and hybrid industries. The oil & gas market, especially the upstream segment, has been of particular focus since operators and independent E&P firms have the greatest opportunity to benefit from investments in automation and solutions that can help them realize operational excellence. The global upstream oil and gas segment has been suffering an unprecedented downturn for more than two years, which has seen CapEx reduced by over $700 billion since the summer of 2014 and the number of bankruptcies exceed well over 100 companies. Layoffs are exceeding 350,000, and a growing wave of consolid...

What is analytics doing in Customer Relationship Centres?

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Customer service has always been an essential part of any organization. In the past, organizations tended to look at a customer service as a cost – to be avoided if they could. However, the insights from analyzing the data available at its contact centre is making business leaders look at the contact centre in a different light. Understanding the customer, anticipating customer needs, and enhancing customer experience have become competitive differentiators. Customer Segmentation Historically, organizations relied on basic customer demographics such as age, sex and other socio-economic parameters to segment its customers and offer solutions. In the age of hyper-personalization, the need to treat each customer differently and provide tailor made solutions is critical. A customer segment is ...

See this simple introduction to Natural Language Processing (NLP)

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Today, with Digitizationof everything, 80 percent the data being created is unstructured. Audio, Video, our social footprints, the data generated from conversations between customer service reps, tons of legal document’s texts processed in financial sectors are examples of unstructured data stored in Big Data. Organizations are turning to natural language processing (NLP) technology to derive understanding from the myriad of these unstructured data available online and in call-logs. Natural language processing (NLP) is the ability of computers to understand human speech as it is spoken. NLP is a branch ofartificial intelligence that has many important implications on the ways that computers and humans interact. Machine Learning has helped computers parse the ambiguity of human language. Ap...

PLM Interoperability for Connected Manufacturing

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For today’s enterprises, the pace of business is accelerating at an astonishing rate. Product complexity is increasing. Nearly all competitive product characteristics are determined during the design stage. Generally, 80% of the product’s final cost is committed during the conceptual design phases. Customer facing enterprises are actively trying to drive more responsibility for engineering analysis down to suppliers. And low-cost hardware coupled with powerful new software is making investment in digital prototyping and simulation (CAE) more attractive to suppliers. This necessitates the development and use of product configurators has been highlighted as one of the more important IT enabled technologies to facilitate the realization of mass customization. OEMs, SIs and Connected world man...

Salt River Project Uses IIoT to Prevent Losses

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Andrew Johnson, Engineering Supervisor, Salt River Project, presented “Performance Monitoring Center” for asset monitoring and diagnostics during the ARC Forum session, “Moving to Predictive Maintenance with Industrial IoT (IIoT).”  Salt River Project (SRP), the oldest multipurpose federal reclamation project in the United States, has been serving central Arizona since 1903. Today, SRP is based in Phoenix and provides the area’s electric power generation and water delivery. This presentation focuses on the power generation portion of the business.  SRP monitors seven fossil and four hydro power generation sites containing a total of 27 units with more than 500 asset models covering generators, turbines, feed pumps and other assets with over 50,000 available tags. Business Driver As is typi...

Community Tutorial 1 – Narrow AI

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  Want to see more lessons ? Please use the tag to look them up.  

This is how Analytics is changing the game of Sports!!

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Analytics and Big Data have disrupted many industries, and now they are on the edge of scoring major points in sports. Over the past few years, the world of sports has experienced an explosion in the use of analytics Till few years back experience, gut feelings, and superstition have traditionally shaped the decision making process in sports. It is first started with Oakland Athletics’ General Manager, Billy Beane, who applied analytics for selecting right players. This was the first known use of statistics and data to make decisions in professional sports. Today, every major professional sports team either has an analytics department or an analytics expert on staff.  From coaches and players to front offices and businesses, analytics can make a difference in scoring touchdowns, sign...

Showcase your IoT product at NILF 2017

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  It does not get better than this. If you are an IoT company with a product that can amaze, you are invited to the NILF, 2017 free of cost. The most powerful decision makers, the most influential investors and potential partners from across the tech industry, they are all here. Meet them all at NASSCOM India Leadership Forum. There is not much time. And, 25 seats in all. Apply now. Leave your email id in the comments and we will get in touch with you or fill the form here  

Customer 360º view in Digital age

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In today’s digital age of customer hyper-personalization, organizations identify opportunities for real time engagement based on data-driven understanding of customer behavior. Customers have taken control of their purchase process. With websites, blogs, Facebook updates, online reviews and more, they use multiple sources of information to make decisions and often engage with a brand dozens of times between inspiration and purchase. It’s important that organizations collect every customer interaction in order to identify sentiments of happy & unhappy customers. Companies can get a complete 360º view of customers by aggregating data from the various touch points that a customer may use, to contact a company to purchase products and receive service/support. This Customer 360º snapshot sh...