Category:

Technology

Latest

It’s Not Easy to Teach Robot Drivers to Think Like Humans

With Alphabet Inc.’s Waymo planning to roll out an autonomous taxi service to paying customers in the Phoenix area later this year, and General Motor Co.’s driverless unit racing to deploy a ride-hailing business in 2019, the shortcomings of robot cars interacting with humans are coming under increased scrutiny. Some experts have advocated for education campaigns to train pedestrians to be more mindful of autonomous vehicles. Startups and global automakers are busy testing external display screens to telegraph the intent of a robotic car to bystanders

read more

Limiting global warming to 1.5°C requires “rapid & far-reaching” transitions in land, energy, industry, buildings, transport & cities:IPCC

“One of the key messages that comes out very strongly from this report is that we are already seeing the consequences of 1°C of global warming through more extreme weather, rising sea levels and diminishing Arctic sea ice, among other changes,” said Panmao Zhai, Co-Chair of IPCC Working Group I.

read more

Aadhaar may be India’s gift to Africa that even China’s $125 bn can’t beat

India’s Aadhaar biometric identification system has given hundreds of millions of citizens a portable digital ID, allowing them to receive government services, join the banking system and otherwise partake in the formal economy. The need for similar technology in Africa is acute: According to the World Bank, the continent is home to 502 million of the world’s identity-less individuals, half of the global total and roughly 40 per cent of Africa’s population. The problem is worse for women, who in many African countries are critical to family finances. In low-income countries surveyed by the World Bank, over 45 per cent of women lacked identification, compared to 30 per cent of men.

read more

Flipkart forays into insurance distribution, ties up with Bajaj Allianz

“In line with our customer-first policy and as the market leader in this segment, insurance felt like the logical next step in providing consumers with excellent after-sales care for their phones. The plan, from purchase to claim, will be completely integrated into our online platform…” Flipkart Senior Vice President and head of Fintech Ravi Garikipati said.

read more

Transforming the Insurance Ecosystem

Given this scenario, insurance carriers may consider employing a few core mobility technologies of digitalisation such as app refactoring, rapid application development platform (RADP), and unified mobile app model, to bring in true digital transformation without compromising on the inherent advantages of MAM/MDM

read more

Collaborative approach between incumbent insurers and InsurTechs gains traction:World InsurTech Report 2018

The report finds that insurance executives across the industry believe that InsurTechs will be a major catalyst to redefine the customer experience, deliver widespread efficiencies, and create new business models. The industry also expects disruption and new competition to come from BigTech[2] companies and manufacturers. This comes in the wake of an InsurTech sector that saw investment increase at a compound annual growth rate of 36.5 percent between 2014 and 2017

read more