Tuesday, November 28, 2017

What Are the Reasons Behind the Growth in AI Revenue?

Revolution in AI Techniques:

Over the past many years, Artificial Intelligence revolution has provided the quality response for the different range of technologies. I am going to explain main reasons for the growth in its revenue. Functions of speech recognition, face detection, fingerprint recognition and much more are operating quite accurate because of Deep learning techniques. Deep Learning technique is based on the Artificial Neural Networks. Achievement in this field can be judged by its different products like a novel technique for Image Recognition, Object Detection and Prediction System for the stock market. Advances in image recognition have extended the limitations of medical treatment. Moreover, it is helping in reading X-rays, and predicting disease through improved services. Also, it is inspired by the natural intelligence of humans but now AI revolution has changed everything. It could lead to layoff, as it is overtaking human in many fields. The above graph shows the upcoming revenue for the next coming years. This will lead to highly profitable gain for the industry.

The following implementations are somehow causing the sudden growth in AI companies:

1) Implementation of Machine Learning: Object detection means analyzing the content of photos such as individual objects, faces, logos and text on them using a computer-aided cognition model. With the help of object detection, one can minimize the risk of any incident by detecting the presence of another object. Using latest technologies it can be performed in the live work environment. Within a single image, there are a lot of objects inside it, a good model can easily identify each object by extracting key visual features from an image. Different application area of object detection is Facial Biometrics, Motion Detector, Object Recognition and Text Recognition.

Any image recognition algorithm would take an image or its patch as input, an output will be the object in the image. In other words, the output will be a class label. How does an image recognition algorithm know the contents of an image? Well, you have to train the algorithm to learn the differences between different classes. If you want to find cats in images, you need to train an image recognition algorithm with thousands of images of cats and thousands of images of backgrounds that do not contain cats. Needless to say, this algorithm can only understand objects/classes it has learned.

2) Changed Technology: Today we have shifted our technology from analog to digital data communication and storage, which makes the change a convinient approach. Nowadays, robotics has made many advantages in the robots designing. They are able to take physical interaction of human being as a useful information. They can react to any physical interaction to perform the output task. This technology has made the change in robotics which has become an advantageous component in the era of Artificial Intelligence.

3) Meet Consumer's Expectations: From time to time, customer's need and expectation grow. Though industries are there to deal with digital data, this data is in huge amount and sometimes poor technologies may fail to handle and accomplish the goals with this data. Here comes an AI into play. High complex big data can be easily managed and handled with the aid of Artificial Intelligence. After dealing with huge data it produces better customer experience. It has brought customer's expectations into reality which leads to great demand in industries. Facebook, Pinterest, Netflix and Google are some of the real time and effective examples to demonstrate the above fact.

4) Decision Making: By applying machine learning algorithms the power of machines has increased. These algorithms made machines able to make decisions by itself. AI has changed the scenario of decision making for business. Deep Learning has been widely used for decision making when the dataset is huge. As a demonstration Amazon has done the partnership with Microsoft to uplift projects based on Deep Learning. This reflects how effective Deep Learning is in Decision Making and handling high computation task. In today's scenario TensorFlow, Keras has become an integral part from the business point of view. Fast and powerful processing using algorithm based tasks are applied in business for better customer satisfaction.

With all these benefits and advantages of this technology, it has proved itself a trending way for overcoming traditional issues of data handling and analytics. Thus, the growth of AI is making a path. From the study, it can be stated that market value of AI is growing due to advanced technology like Prediction System, Recommendation System etc. Up to 2021, the revenue will reach approximately $10000 Million which will be a rapid growth for the industry. AI could boost average profitability rates by 38% and lead to an economic increase of US $14 TN by 2035 with its innovative ideas. Google is exploring all aspects of machine learning with classical algorithms. It has overcome different challenges of research and technical tasks which leads to its greater demand and revenue as well.

Due to applications like Recommendation System and Prediction System demand for AI is increasing day by day. Enterprises are moving further for such services to improve their profit. Research work is still continued in this area to get the peak of benefits from it.

Monday, November 6, 2017

An Overview of the Block Chain Technology and Its Benefits

In recent times, block chain technology redefined the Internet and led to the emergence of a new type of internet where digital information is distributed without copying. The technology was conceived and devised primarily for crypto currencies, digital currencies like the Bit-coin. In contemporary times, bit-coin is referred to as the digital gold and the total value of this currency is close to about 9 billion US dollars. Block chain technology can make other type of digital values. The functioning of the technology is encapsulated and therefore the user can use it without having to know it in detail. However, it is always recommended to have a basic notion about the technology in context before using it as this adequately simplifies the use.

The functioning of the technology is pretty much encapsulated implying that there is no need to know about the working of the block chain technology in detail, a fundamental idea about the working of the technology is more than sufficient for individuals using it. In simpler terms, this technology can be defined as a digital ledger of commercial transactions which is incorruptible and can be programmed to record not just the financial transactions but anything which has value associated with it.

Information stored as part of the technology in context is quite similar to the same in a spread sheet or any distributed database. Just as a spread sheet containing values can be regularly updated, the block chain too can be updated from time to time. The records stored using the block chain technology are not kept in a private location, instead, such data source are kept in public domain so that they can be verified on a timely basis. Using such a technology, the information is not held by any centralized servers instead they are stored in several database servers across millions of workstations, computers that are connected to the internet. It is because of this that the block chain data cannot be hacked or corrupted.

Since in this technology the blocks of information can be assessed across more than one point in the network therefore it cannot be controlled by a single entity. Since there are multiple copies of block chain information available across networks therefore such technologies do not have a single point of failure. Other facets of this technology are that it is transparent, incorruptible, very much decentralized because the information related to the technology in context is stored in several host machines across the network and all these factors contribute to making the block chain network highly secure.


Face-Less or Face-Full of IT Support?

I'm looking at IT Managers, Head of ITs and CTOs shaking their head at the very thought of having an insourced IT guy taking up desk space and the head count budget.

This is all about SMEs, my favorite kind of companies to work with, perhaps a global presence, no more than 400 employees.

It's Monday morning the docking station at your desk isn't turning on, you've checked the power cables and everything else you can think of. So you go to the last resort, you pick up the phone and dial IT support, an internal number that quickly gets redirected out of the company to an external provider, they don't know who you are, asking what company you work for, name, telephone number, how important are you in the company, how long can you wait without complaint? All these questions being thrown at you, they can't fix it and have to send an engineer and oh, it's a hardware fault which is a 12 hour SLA, someone will be in touch, come out to you hopefully today to replace the dock, sorry about that. "How was your experience with IT this morning?". Another victim of outsourced IT hassle on a busy Monday morning that has once again annoyed and ruined another employees view of IT.

Let's take the VIP and personable approach to the same Monday morning docking station situation. That telephone number you ring goes through to an employee of your company, Charlie, he gets into the office at the same time as you, you smile on the train at each other occasionally, you know Charlie, would recognise him down the pub after work on a Thursday, he's at the company events, this gives you hope and comfort, instills confidence in your IT department. Charlie comes over in 10 minutes, he even brings his cup of tea and he has a replacement dock in his hand already. Charlie runs the same checks you did, but you're having a quick chat about what happened over the weekend, you're at ease, Monday is getting back on track quickly. Charlie replaces the dock and pops your laptop back on with a smile, docks your laptop turns it on, it's at the login screen and you logon, Charlie's work is done and he gets back to his desk. "How was your experience with IT this morning?".

IT support is one of the most key, integral and important departments in a company. Yet computers are attributable to dissatisfaction in the work place... Let's give your employees the best start in their job and the execution of their duties with some friendly, onsite IT support, can you afford not too?

I've been involved with IT support for the last 10 years and in VIP support and what I call highly personable support for SMEs for the past 5 years. For me, the key to a successful IT service is sometimes just to have a cup of tea with the end users of your system and understand their pains and pitfalls, get to know how they utilise the IT system and how we, as a department feeding into the company can make their processes easier. With outsourced IT support, this is rarely possible, it's so key and important in these highly technological times to bring a friendly face back to IT support, after all, a computer replacement with a cup of tea and a quick chat about the weekend is probably what you're end users are looking for!


How Technology Has Improved Education Levels

The use of technology in learning institutions has increased. According to a recent study by CompTIA, up to 78% of teachers believe the use of technology in schools has positively influenced student's productivity while 65% of educators believe the use of technology has made students more productive and learning exciting.

Technology is today used in almost all aspects of our day-to-day activities. People have become accustomed to the use of devices developed through technology. Despite a smaller percentage of individuals claiming the use of technology has done as much destruction as good, education is one of the areas where its use has completely transformed the way people study and educational institutions operate. Here are six ways how the use of technology has managed to help improve education standards.

1. Online Resources

You can always research on the internet for any educational information you need. You are always bound to find some help on the web from the broad range of resources available. The use of online resources such as studying tips, free courses, and secure custom support will help improve your grades.

2. Multimedia learning

People learn in different ways. While some individuals learn better visually, others do so using audio. This has made most education institutions and teachers to change their tact. Instead of focusing on lectures and giving notes, most educators and schools have resorted to using of multimedia to help teach their students better. It comprises use of auditory, visual and kinesthetic. With technology, there is always a way you can effectively learn.

3. Use of E-books

Nothing bores a learner like having to lug around a pile of books for a curriculum. You can carry your entire course materials wherever you go in a tablet. You can always open the eBooks and do light studying wherever or whenever you wish like reading. The e-books are also known to cost less compared to the usual paperbacks making them affordable to most students.

4. Worldwide tutoring

The Internet is not just known for having the unlimited amount of information online; it also contains an infinite number of minds! With technology, you are now able to receive help from anywhere irrespective of your location. This is beneficial especially to people who are interested in learning other languages.

5. Online Editing

There are times when you might need a second opinion but might not have a friend around to have a look at it. Reading through your work and making corrections before submission is one thing you can never afford to ignore. You are most likely set to miss on something when you decide to edit all by yourself. Sharing your work with an online editor is one efficient method you can always use to help improve the quality of your paper.

6. Study Groups

Despite preferring to explore alone, there are times when you might be assigned a group project. However, scheduling a meeting with your group students can be impossible. With technology, there are online platforms making group discussions easier. You can easily share notes and other materials and collaborate through video chats. You can also decide to connect with other students doing a similar course even if you are not in the same group.

Technology is here to stay. Instead of opposing the use of technology in education, it is best to embrace it and use it to help improve your education by furthering your studies. Gone are the days when one will have to go through the entire encyclopedia researching for what you can get in seconds with the use of technology.

Laravel: An Overview

Laravel a free PHP web application framework is used in the development of web applications. The architectural framework it follows is MVC (Model - View - Controller). It consists of an open source framework with a striking and dignified syntax. It targets the application functionality which makes the work of the web developer an effortless task. It provides high-level contemplation of common web development patterns, easy shortcuts for repetitive programming tasks, and clear conventions for how to solve problems. Most sites have a certain set of functionality (like data validation, etc) and a framework prevents you from re-writing it each time you create a website.

Laravel is one unrestricted tool that helps to make large robust applications. Its outstanding features and high utility makes it the most used PHP framework ever.

This web application framework was created by Taylor Otwell in 2011 and this framework has accomplished in bearing to the intentions that it was conveyed for i.e. developing web applications using the MVC model.

This web application framework comes with an ample amount of features:

• It includes a timely moderate packing system which also comes with a bonus of a devoted dependency manager.

• It has categorical ways for accessing relational database through routing.

• It has high development speed and extension skill to use multiple modules.

• This framework comes with additional utilities that benefit in application formation and maintenance.

• The direction of this framework is towards syntax.

• This framework is of great benefit when the developers are looking out for something that can provide effortless authentication with simple and easy to use interface.

Companies using Laravel technology use it for its high readability and broad user-friendly features. Another reason that makes Laravel being favored by the developers is that they do not get a complication of spaghetti coding while working on this framework and are also offered with trouble free syntax.

Another reason why companies are bent towards this framework is that it offers dynamic software solutions at an affordable price. A website that is built using Laravel PHP framework is profitable and delivers high routine performance. Companies using Laravel development services are Wattpad, Webrazzi, Gitlab, Engine, Digital, Doorbell, Snapwidget, Bold Commerce, Payzip, Abacus, Moltin.

Laravel developers in any system can use it to provide the following services to their clients:

• Customized Application Development
• SEO friendly Application Structure
• Web Based E- commerce Solutions
• API Integration
• Online CRM Solutions
• Multilingual Solutions
• Payment Getaway Integration.

You, Me and Technology: The Truth

Can you figure out what you and I have in common with Technology? If you think a little you will find out. Read on for insights.

You and I both love to take advantage of technology. Yet when we do that, we overdo it sometimes costing our health and most of all, our eyes and back.

Eyesight will start to deteriorate and our back pain will develop. We need to move our hands and legs while taking breaks and walk around a bit. Otherwise our body will start to malfunction and start to give symptoms.

Other than that, loving technology with limits is great. You get to learn a lot about tools and software over the mighty reign of internet. They come to your aid when you carry out computer tasks and make life easier for you. So you and I have nothing to lose.

On the other hand, we must set aside technology for a while and enjoy the beauty of life, recreate and recharge our batteries. In other words, we need to have fun with friends and family. Then we can go back to work with refreshed energy and vigor.

Now technology is a broad term. You and I cannot focus on everything at the same time. So we need to narrow it down to our field of expertise and focus on those stuff and skills that would augment our tasks at home and work. You and I should learn these things within a deadline, yet go slow, grabbing skills one day at a time.

We should keep in mind about improving our technology skills all the time so that we do not lag behind. Then we should set an example for others, sharing our knowledge, disseminating them as much as we can through teaching, writing and speaking because sharing is not only caring but also productive. So remember to share with others through a suitable medium because when you help others, you cannot do so without helping yourself first.

So we should give credit to technology since it has entwined with our lives, benefiting us to great lengths but at the same time we should keep ourselves under control without doing too much of it and being addicted.

The absolute truth about you, me and technology is that technology is never ending and we need to need to pace up with it for a lifetime because life itself is a never ending learning process. So as much as we need to have fun and recreate, we also need to give valuable time to tune technology skills to our finger tips.