Skip to main content

Home/ Blog & Blogging..!!/ Group items tagged cost

Rss Feed Group items tagged

chat2vishakha

Mukesh Ambani Pol Khol- FIR Cost : AAP Govt. Fall. | Hichkey - 0 views

  •  
    Rising prices of natural gas, petrol and cooking gas plays an important role in the life of Indians struggling to survive. Delhi government on February 11, 2014 directed the Anti-Corruption Branch to register an FIR against the chairperson of Reliance Industries Limited Mukesh Ambani, union petroleum minister M Veerappa Moily, former petroleum minister Murli Deora and.....
  •  
    Rising prices of natural gas, petrol and cooking gas plays an important role in the life of Indians struggling to survive. Delhi government on February 11, 2014 directed the Anti-Corruption Branch to register an FIR against the chairperson of Reliance Industries Limited Mukesh Ambani, union petroleum minister M Veerappa Moily, former petroleum minister Murli Deora and.....
pintadachica

Innovation is not Technology and Technology is not Innovation - The AI Company - 0 views

  •  
    One of the most common misconceptions out there is the belief that technology equates innovation. Innovation is the creation of new value through a better solution for a problem that either does a better job in solving the problem or does so in a manner that the solution is accessible in a larger set of circumstances by a larger number of people. On the other hand, technology is simply the tooling that holds the promise of new solutions but by itself, is meaningless. Enterprises can become enamored by the promise and hype about technology and go down long, complex journeys, invest millions in upgrading technology and still come out empty on the other side because they built technology for technology's sake. Even in well intention boards and C-suite, industry peer pressure and hype around technologies can force action that ultimately leads to massive investments in people, software, technology, and vendors but does not yield the ROI promised by the technology. Leadership The problem can be accentuated when not enough due diligence is done on the applicability of the technology to the enterprise given the current state i.e. the point in time when the technology is being introduced, the customer's propensity to accept the technology-driven solution i.e. are the users ready to embrace, adopt, learn and utilize new solutions and burning problems that necessitate the adoption of new technology to better solve the problem. When the timing of new technology introduction is gotten wrong, it almost always fails to deliver on its promised ROI. Leaders need to rise above the hype and peer pressure and ensure that they understand, first and foremost, the burning problems that plague their customers or make the bedrock of their future strategy. Next, leaders need to ensure and validate that the technology in mind can actually be used to solve the problem through rapid prototyping and minimal investment. Once customer feedback on the prototype has been validated, then only
pintadachica

Is A Private Blockchain the way to go? - The AI Company - 0 views

  •  
    Blockchain are certain to disrupt almost all industries fundamentally. Though there are technical issues, the idea of utilizing a blockchain to prove ownership, to prevent double spending and to establish trust and transactions in an otherwise trust-deficient world, is gaining excitement and acceptance. More and more enterprises are getting curious about the blockchain and are willing to start investing in learning, prototyping, and building on top of the blockchain technology. Starting out with the blockchain requires investment in a building the domain expertise, establishing the identity, establishing the infrastructure and deciding the blockchain that the enterprise wants to work with. Among these decisions is the question: Should the enterprise choose a public blockchain or a private blockchain. Both have advantages and disadvantages and the question can often come down to what are the short term goals and potential applications that the enterprise wants to build on the blockchain. Public BlockChains The default option when considering blockchains is the public blockchain. This is the blockchain that is truly decentralized, leverageable for any type of transaction and in the case of the Ethereum blockchain, offers SmartContract authoring capability that makes the blockchain very attractive for building contracts that reflect the needs of the real world. However, for an enterprise deciding between public or private contracts, there are some considerations that require attention. Speed and Scalability Public blockchains tend to be slower as they are limited by the number of transactions that can be verified every second and confirmed every 10 minutes. There are several efforts underway to make blockchains faster and more scalable however those will take time to get implemented. Speed and scalability will continue to be an issue and contracts and applications that require instant or near real time execution will suffer from this lack of speed and scale. Se
pintadachica

Not too late to jump on Blockchains - The AI Company - 0 views

  •  
    It's not too late to jump on to the Blockchains trend. We often hear from customers whether it is too late to get behind blockchain. The number of startups in this space is growing rapidly and the number of large ISVs and SIs providing blockchain capability and expertise is also increasing. However, the market and the technology space for blockchains is far from saturated, settled or stable. Here are three reasons why now is a good time to get into blockchains Early Mover Advantage Blockchains are bound to disrupt fundamentally how business is done. By enabling trust in an otherwise trust-deficient environment, blockchains enable transactions between two or more enterprises who otherwise might not know about each other. Blockchains offer solutions to several common problems faced by the enterprise such as Digital Identity, Secure Data Storage, Secure Data Sharing, Distributed Ledger, Distributed Databases etc. Blockchains are based on strong cryptographic standards based in mathematics, cryptography, and encryption. Building blockchains as a core competency requires a deep understanding of the mathematics behind it and an internal process for deploying, managing and developing on top of the blockchain. Early mover advantage can be generated by taking small steps in this area and targeting simpler scenarios initially. Nascent Technology It is going to take another few iterations of the blockchain technology before it can truly be enterprise-ready. There is a lot of ongoing work to make blockchains more secure, scalable and performant. Innovations are constantly being made and added to the core blockchain technology that is constantly increasing the type and complexity of applications that it can support. As the technology matures, enterprises can be well suited and ready to leverage the advancements by building a core competency in not only the blockchain technology but by becoming a member of the blockchain community, standards and keeping up to date with th
pintadachica

Lean Supplies Chain Management for Companies - Creative Safety - 0 views

  •  
    Lean systems are meant for producing the best products and services with little or no wastage of various kinds of resources. Lean supply chain management purports to create a well designed supply chain management system where all the resources are effectively utilized. The people, processes, technologies and suppliers will be optimized at the beginning of the implementation and it will be an ongoing process. The best of the best features will be implemented and there will be no room for waste. Lean supply chain helps companies deliver high quality products quickly and efficiently. What is expected from lean supply chain management? In fact, lean supply chain management is a new way of thinking to understand the supplier networks. It is required to have cooperation with various suppliers and should be able to balance it with the competition present in the market. There is a great deviation between lean supply chain management and traditional methods. There will be less number of structures in lean model whereas they are more in traditional systems. Most of the lean supply chain management principles are derived from the basic lean principles. How companies will be benefited by the lean implementation? By implementing lean methods in a systematic way, companies will be benefited to the greatest possible extent. The winning business strategy realizes the importance of the relation between the supply chain management and the overall financial status of the company. By streamlining the supply chain management with all the other core aspects of the company, the business will emerge into a profitable enterprise and will be able to deliver cutting edge solutions. Strategy for lean supply chain management In order to implement the lean supply chain management in an effective manner, it is required to build the core infrastructure and should be collaborated internally and should be executed externally as well. The next step would be the selection of the right kind of
pintadachica

Arc Flash Analysis Software - Creative Safety - 0 views

  •  
    It is the legal duty of any factory's management to make sure that it protects its employees from the dangers of arc flash. Most importantly, they need to comply with the OSHA industry standards which among other things, require that the management conducts a proper assessment of the arc flash hazards within and around the workplace. Have you heard about the arc flash analysis software? You need to consider it as you deal with the dangers of arc flash when working with high voltage equipment. Arc flash analysis is theoretically quite straightforward. It involves collection of data from the power distribution system. You also look at the dimensions of the electrical cables; the cross-section area and length. Once management has sourced this and other relevant information, they use the arc flash analysis software to conduct the short-circuit analysis of the system. The data realized is then used to get comparisons with the standards. With resultant data, the management is able to decide on the best PPE equipment for the employees. After using the arc flash analysis software, the resulting PPE requirement is in most cases too expensive. What can the management do to avoid paying the high costs? One way of doing this is upgrading the equipment to newer and more efficient versions. You may have noticed how easy it is for old circuit breakers to trip. This is simply because these breakers have low reaction times. The arc flash analysis software helps management to conduct sensitivity study, and the results of such a study might suggest an overhaul of the existing circuit breakers. You might be wondering whether arc flash analysis software is that important. In the industry setting, the primary concern for the manager should be the safety of employees. Arc faults are very dangerous and can cause burns, serious health complications and in some instances, death. It is important for the management to take arc flash analysis and warn of such hazards and so as to curb the
pintadachica

Eyewash Stations are a MUST! - Creative Safety - 0 views

  •  
    One of the most common injuries plaguing nearly any industrial business is the eye injury. The human eye is susceptible to damage from a variety of different sources, however, most eye injuries stem from exposure to chemicals, paints, solvents, allergens, sawdust, laboratory materials, etc. However, it is important to remember that nearly ninety percent of all eye injuries are preventable when proper procedures are followed and adequate eye protection is used. The right type of goggles, depending upon the job, can protect the eyes from coming into contact with nearly any eye irritating contaminant. Nonetheless, eye injuries still seem to occur and businesses need to be ready and prepared just in case an eye injury does happen. One of the best ways to provide immediate support to an injured eye is to utilize the help of an eyewash station. Guidelines for Eyewash Stations When it comes to the safety standards related to primary eyewash stations, OSHA sets the overall requirements. However, it is ANSI (American National Standards Institute) that is the entity who provides the necessary guidelines that employers must follow regarding the design, type, performance, location, and details specific to any eyewash station. Even though the ANSI z358.1-2009 covers the guidelines for all types of eyewash equipment such as emergency showers, eyewash stations, face washes, and combination units, we are going to focus on guidelines related to eyewash stations. Tips for Compliance with ANSI's Eyewash Standard Every Second Counts! - When an eye injury occurs every second really does count. An eye injury can go from bad to catastrophic in mere seconds if the eye is not properly flushed. ANSI mandates that all eyewash be located just a short 10 second walk from any eye hazard. The path to the eyewash station must well lit and remain clear and free of debris. The eyewash station must also be properly identified with an eyewash station sign. Yes, the Water Does Matter - there
pintadachica

Bumper Stickers & More: An Introduction to Thermal Printing - Safety Blog and News - In... - 0 views

  •  
    How to Create Bumper Stickers for Your Sticker campaigns For everything from political campaigns to social causes and beyond, cars adorned with bumper stickers are a regular sight across the country. Regular stickers, even more common, are a staple of our world from a young age, and an easily recognizable object for even children. Have you ever wondered how they're made? Sure, there are many companies that print stickers and the like in bulk for a third party, but there are also countless custom sticker campaigns floating about with highly customized messaging, some of which sprang up nearly instantaneously from their creative parties. These aren't cheap, flimsy creations either, some of them are the backbones of grass roots organizations that have changed the way we think and live our lives. Whatever your idea or needs, you're reading this because you want to create your own stickers, labels, or some other similar creative piece with professionalism and reliability. Let's take a look at exactly how you might get that done. Step One - Get Your Printer Especially if you're going to be producing large quantities of whatever you're making, it will be important that you have a reliable printer that isn't going to break down on you. For this reason, I'd suggest a thermal printer. Thermal printers have relatively few moving parts compared to traditional printers. Thermal Printers 101: The primary way in which thermal printers differ from traditional inkjet type models is that they use heat to transfer or even produce text and images. There are two subtypes: thermal transfer and direct thermal. Thermal transfer printers heat an inked ribbon which is then rolled over a paper or high-graded vinyl, transferring an image. Direct thermal printers work with thermal-chromatic paper, but do not require any ink. A heating element is pressed against the paper in the pattern of the text or imagery desired, and the paper responds by changing color in those places.
pintadachica

Lean Posters - Creative Safety - 0 views

  •  
    Lean manufacturing is a method used in factories to enhance productivity. As part of lean manufacturing, 5S strategies are quite common sense and you would expect the posters to be easily accepted in an organization. However, it is not that easy to change working habits. As a result, factory managers may decide to use lean posters to make the employees understand the need for lean practices. What is 5S? This is a strategy from the Japanese that stands for Sort, Systematically Organize, Shine, Standardize and Sustain. For a successful lean program in any organization, the management must make sure that all stakeholders understand the process. The best way of educating people about lean practices is through lean posters. After the workers have adopted the practice, the posters act as reminders as well. There are many types of lean posters that management can use in factories. These posters are very essential for reminding everybody about the 5S program. Let us look at some of these posters. Management may use strategic lean posters with the aim of encouraging the workers to work towards a common goal. These posters mainly focus on employee behavior; how to change it for the better. For the best results, it is important for management to align such posters with the organization culture. Do you have programs or initiatives that the poster is promoting? If not, you might as well not bother because the poster may not benefit you much. Posters can also be used to motivate the workers as they continue with their duties. These types of posters have been around for many years, and they are quite effective. However, the effectiveness of such posters depends on whether they are relevant to the people. For a factory that is implementing lean practices, using lean posters is a cost-effective way of educating the workers and reminding them of the firm's commitment to reach its goals.
pintadachica

Labels Makers- Tools to Handle Your Business Label Printing Needs - Creative Safety - 0 views

  •  
    Effective marketing also means effective communication with existing and prospective clients, so every business should make an effort to come up with methods to establish a connection with their clients. If you are operating a business, you must be aware that one great method to achieve this is to come up with excellent signage that will serve as a bridge between your business and your customers. With this, you may want to consider purchasing label maker software that will accommodate of your label printing needs. Why Opt For Label Makers? It is a fact that you can go about and look for commercial label printing if you want to accomplish the branding and labeling needs of your business. However, doing this can lead to higher marketing expenses which would have been reduced if you just depend on label makers. A lot of companies are opting for label makers for many good reasons like the following: They are simple and very convenient to use Very flexible as they can help produce labels of varying sizes Can reduce the business operating cost by a huge percentage Can be used for small and large scale marketing levels Very affordable and comes in different types and designs Depending on the size and output of different labeling and sign printing machines, using a label maker serves as a great way to establish a business without having to spend huge sums on expensive marketing strategies.
pintadachica

Help Your Business GO LEAN! - Creative Safety - 0 views

  •  
    These days you may be hearing a lot talk regarding "going lean" and "implementing lean practices," what does this truly mean? When a company implements lean practices they are essentially looking at all areas within the company, evaluating processes, searching for new ways to streamline and improve current processes, all while striving to create a better and more efficient product or service. Even though the implementation of lean practices is a significant undertaking it is well worth the effort with added benefits in production, efficiency, and cost savings.
pintadachica

Measuring and Managing Customer Satisfaction - Creative Safety - 0 views

  •  
    Believe it or not customer satisfaction is somewhat of a new focus within the business industry. For many years the main focus of business was based upon staying in the black, increasing sales, growing business visibility and making a product or supplying a service that is needed or valued. However, with the changing times of our variable economy, there has been a major shift in the business mindset. Instead of focusing inward on the business and its growth and financial aspects, many companies have chosen to move their focus outward towards the satisfaction of the customer. With this innovative mindset, companies are really trying to put customer satisfaction above all else. It is actually much easier to keep customers when they are satisfied with the product or service provided than it is to go out and attain new customers. In fact, new figures estimate that it will cost a company 5 to 8 times more money to reach out and attain a new customer than to just keep a current customer satisfied. Furthermore, if a customer is satisfied with a product they will often recommend or talk highly of the product to others within the industry as well. Word of mouth is a very powerful tool during this age of online communication. With the click of a button, a person can "like" or "recommend" a product to many other people on his or her communication database.
pintadachica

The JIT System - Creative Safety - 0 views

  •  
    When running any sort of physical production based business, you will often have stock on hand. Instead of only stocking for a short time, there will be a "backup" supply of products that can be called upon as demand changes. This is known as "just in case" manufacturing and is highly common in most industries. However, several decades ago, the rise of lean business gave way to the concept of "just in time" manufacturing. In a just in time, or JIT, system, products are made as they are demanded and there is little to (ideally) no back-stock at any time. Why go lean? The idea behind JIT manufacturing is that one can eliminate several kinds of waste by taking away the need to keep inventory of excess stock. From now on, equate "stock" to "excess stock" or the concept of having too much on hand, because in a JIT environment "stock" doesn't really exist outside of individual orders. When you don't have to keep inventory, employees free up their time for other projects and tasks. Also, you have less paperwork to manage, and can focus on other things, like workplace safety, new profitability angles and marketing strategies, etc. Another reason to go to a JIT model is that you increase accountability of management. Because you have no inventory to fall back on in a JIT situation, inventory cannot be used as a crutch to make up for other problems. Slow, inefficient production is often masked by a stockpile of inventory, making it harder to realize certain areas of production may need improvement - these may include machine functionality, worker habits, reliability, and inadequate space management. Another huge place you save by adopting this method is in transportation. Materials do not need to be stocked at various sites and you need to do much less transporting. You will eliminate time wasted in transit when there is traffic or road congestion, and you'll even be more environmentally friendly by reducing fuel burned for shipping purposes
pintadachica

How to Start a Health and Safety Management System - Safety Blog and News - Informing t... - 0 views

  •  
    Your facility probably has many written safety procedures-hazard communication or emergency response, for example-but do you have a comprehensive health and safety management system (HSMS)? OSHA mandates many kinds of safety plans, but there is no federal mandate regarding a health and safety system that covers all other safety plans (though some states do require one). This system governs how safety works in your facility and gets everyone involved. If OSHA doesn't require an HSMS system in your state, then why bother implementing one? While a safety system does require a lot of work, the benefits are numerous. Not only will employee morale improve, the number and severity of injuries will be reduced and production may actually increase. Safety, it turns out, is good for business. OSHA also recognizes businesses that have used effective HSMS to achieve lower-than-average injury and illness rates through their Voluntary Protection Programs. Data suggests companies that have developed these kinds of safety systems have seen positive results. According to OSHA: "Companies in OSHA's Voluntary Protection Program, VPP, all of whom have implemented comprehensive safety and health management systems, experience lost workday incidence rates that are 60% to 80% lower than their industry counterparts. They also experience reduced absenteeism and turnover, improved productivity, and lower Workers' Compensation costs. Safety and health management works and adds to the company's bottom line profits." Getting a health and safety system started at your workplace takes a lot of legwork, so let's take a look at how to begin and how to get everyone from management to employees on the work floor involved. Management Leadership Business-Meeting-1 For a health and safety system to be effective, it can't just be left entirely up to a safety manager. Management needs to set the tone for the program and demonstrate their commitment to it by providing necessary polic
pintadachica

Geothermal Recycling: Is This For Real? - Creative Safety - 0 views

  •  
    "Green Machine" (photo courtesyof Gulfcoastgreenenergy.com) I read a really neat article today on the Gulf Cost Green Energy website, titled "Going Green: The Practical Payoffs of Geothermal Energy," that reported about a guy in Texas named Loy Sneary who has a machine that can convert wasted energy from steam stacks, boilers, and oil wells. According to Mr. Sneary, we waste almost 60% of the energy we use to create heat or electricity. His machine is kind of like a fancy heat pump/steam generator, and just maximizes energy through heat induction between heated air or water and a refrigerant that converts to pressurized steam inside a coil that is then used to generate electricity-all without any emissions. Frankly, I'm not a scientist or even an alternative energy expert, but it sounds reasonably logical. They rigged it up at Texas A&M apparently, and it all just worked out peachy. I'm all for greener alternative forms of energy, and this certainly seems to take the cake for that. I will certainly follow this guy's development of this technology. My only concern is that this article doesn't have too much written up on it-maybe it's hokey, or maybe it's because it's being repressed. Or, it just hasn't had anything written up on it, yet. (conspiracy theories anybody?)
pintadachica

The GHS and You - 5 Big Changes - Safety Blog and News - Informing the Working Communit... - 0 views

  •  
    The GHS and You - 5 Big Changes April 10, 2014 by Tony Ferraro If your workplace handles chemicals, particularly as the initial producer or as a distributor to clients, it's time to familiarize yourself with the global harmonization system (GHS) of classification and labeling chemicals, or the GHS, for short. What is the GHS? The GHS, first proposed to the United Nations in 1992, is an attempt at bringing some uniformity to the chemical labeling procedures of the developed world. Member nations, based upon their own time-frames, signed on to promise to convert to the GHS method of labeling chemical substances by a certain date. The idea was and still remains to make international business and production easier by having chemical labeling procedures that wouldn't slow down import and export, and would be easy for everyone involved to understand. This also greatly reduces transport costs as materials aren't having to be re-labeled or re-inspected as they cross borders. Last, but certainly not least, the GHS protects workers by ensuring the risks of handling any given material are clearly stated in an easy to understand manner from the beginning. According the UN's publishing of a GHS guide, the following are succinct statements of the GHS' most important goals: Defining health, physical and environmental hazards of chemicals: Creating classification processes that use available data on chemicals for comparison with the defined hazard criteria; and Communicating hazard information, as well as protective measures, on labels and Safety Data Sheets (SDS). OSHA.gov - GHS What does this mean for me? In the United States, the time-frame for adoption is staggered over several stages. On March 2012, the final rule for how workplaces should adopt their policies was published, and employees were required to be trained on these new procedures by December 1, 2013. Interestingly enough, the adoption of the standard by product manufacturers is not required until Ju
pintadachica

Can you transform into a tech company? - The AI Company - 0 views

  •  
    Transforming into a tech company has become top of mind for executives in all major industries. It is clear that modern technology will fundamentally alter what and how business is done in every domain, sector, and industry. This has led to a call to arms in every enterprise to understand how they can transform into a tech company. The Tech Company Magic Tech companies have fine-tuned the art of bring new digital products and services to the market, quickly, efficiently and effectively and understanding customer feedback to iterate and improve. This capability makes them incredibly agile and leads to faster experimentation that is cheaper and involves less risk. In turn, this enables them to bring new capabilities to the market and even if all do not succeed or get traction, a few do and that drives innovation, customer satisfaction, and growth. From the outside, tech companies appear to be massive juggernauts that are unstoppable and able to crush everything in their path. The 'Non-Tech' Technology has been leveraged in every sector and industry, however, it has almost always been treated as a means to an end, something that is required but never the real value driver for the customer. This has led to the typical organizational structure in enterprises into "Business", "Operations" and "Information Technology". The "Business" arm generates value for customers, the "Operations" team carries out the requirements of the Business team and the "Information Technology" team provides the systems (databases, network and compute) required to "keep the lights on" for the Operations and Business Teams" This structure served enterprises well in the last decades as customers did not have an alternative to directly working with the enterprise and this fortified the value supply chain and also established a hierarchy of sorts within the enterprise where the business looked down upon operations who looked down upon technology. The purpose of
pintadachica

Skateboarding, The AI Company and the Autolearn Boost - The AI Company - 0 views

  • What is common between skateboarding and learning to skateboarding & autolearn.ai’s AI platform. Lots, turns out. Consider the process of learning to skateboard. One repeatedly tries a move with the skateboard. You look at if you can land the move. If you do, you try a different move. if you don’t, you slightly vary something in your technique; maybe you try a different center of gravity or angle your legs slightly differently or move your arms differently. Rinse. Repeat. As the skateboarder tries different variations, the “learn” the intricacies of every move and slowly improve. The more time, the more variations and the more analysis they do, the faster they learn and get better. Over time, one can go from a novice to an expert, having built a massive repository of insights and training that help the brain leverage the learning to control the brain that in turn controls the muscles, bones and body weight to effortlessly skateboard. The AI Company’s platform is designed to mimic the process of learning to skateboard. However, instead of sequentially repeating the learning task, the AI platform enables automatically parallelizes the learning process by simultaneously trying out each possible variation for each move and then parallelizing learning multiple moves at the same time. This massive parallelization is accentuated by the automatic selection of the most optimal and accurate insights (AI models) that learn the best in the context of the problem at hand. The best AI models are automatically deployed to production, stored in a very secure form and can be leveraged in traditional app development or in the development of intelligent smart contracts (AutoLearn’s SmartChain). Imagine learning a skill instantly by parallelizing your learning so that you can try out the millions of variations, learn from them and ingest the learnings instantly. This is the AutoLearn boost.  With The AI Company’s AI, you are able to reduce what traditionally in data science would take upwards of a year and multiple data scientists to mere days through the automated training, selection and deployment of the best AI models out of 1000s of variations generated in parallel by AutoLearn. Not only do you reduce the time taken to go live with AI, because of the automation and the efficiency maximizer in AutoLearn’s AutoAI, you are guaranteed the best possible AI model. This is not guaranteed in a manually driven data science practice!
  •  
    What is common between skateboarding and learning to skateboarding & autolearn.ai's AI platform. Lots, turns out. Consider the process of learning to skateboard. One repeatedly tries a move with the skateboard. You look at if you can land the move. If you do, you try a different move. if you don't, you slightly vary something in your technique; maybe you try a different center of gravity or angle your legs slightly differently or move your arms differently. Rinse. Repeat. As the skateboarder tries different variations, the "learn" the intricacies of every move and slowly improve. The more time, the more variations and the more analysis they do, the faster they learn and get better. Over time, one can go from a novice to an expert, having built a massive repository of insights and training that help the brain leverage the learning to control the brain that in turn controls the muscles, bones and body weight to effortlessly skateboard. The AI Company's platform is designed to mimic the process of learning to skateboard. However, instead of sequentially repeating the learning task, the AI platform enables automatically parallelizes the learning process by simultaneously trying out each possible variation for each move and then parallelizing learning multiple moves at the same time. This massive parallelization is accentuated by the automatic selection of the most optimal and accurate insights (AI models) that learn the best in the context of the problem at hand. The best AI models are automatically deployed to production, stored in a very secure form and can be leveraged in traditional app development or in the development of intelligent smart contracts (AutoLearn's SmartChain). Imagine learning a skill instantly by parallelizing your learning so that you can try out the millions of variations, learn from them and ingest the learnings instantly. This is the AutoLearn boost. With The AI Company's AI, you are able to reduce what traditionally in data
pintadachica

The Long & Short Of An AI Strategy - The AI Company - 0 views

  •  
    Much has and needs to be said about an enterprise's AI strategy. Artificial Intelligence or AI is considered a fundamentally disruptive technology similar to the steam engine, electricity etc, a technology that will be pervasive and absolute in its impact on the world and its inhabitants. The ability to find hidden patterns to predict the future or detect a behavior has massive implications across the world, in every industry, sector, and domain. When faced with this realization, enterprise's can find themselves stuck, paralyzed and unsure about how to proceed. The field of AI is decades old already and the early success stories have been practicing AI for multiple years already with the tech industry leading the way. How can an enterprise that has no experience and competency in this area let alone lead the technology or even leverage it appropriately to drive business value? When developing the AI strategy, two ideas are paramount. First, this a fundamentally disruptive technology and the enterprise will need to establish it as a core competency for the foreseeable future. Not doing so will not be an option. Second, a long-term plan to success is superseded by the need to drive quick wins and small successes not only to build confidence but use real-world experience to develop and hone that skill. The Short-Term AI Strategy The short-term AI strategy should focus on driving immediate business value through enhanced customer experiences that leverage any field of AI be it machine learning, deep learning, natural language processing etc. Driving the usage and deployment of AI in front of an end user making them smarter, productive and better informed can pay rich dividends by not only helping the enterprise can real-world experience, but it can also give a perception boost to the company as being innovative and cutting edge. However, most importantly, this can highlight and promote the success and potential of AI in the enterprise and encourage a snowball eff
‹ Previous 21 - 40 of 55 Next ›
Showing 20 items per page