Strong turbulence is produced when air streams traveling at...
Category:
Technology
Latest
Earnix highlights the potential of synthetic data in specialty insurance
The increasing demand for data in specialty insurance has prompted...
Health sector most at risk from AI-related threats, Swiss Re
Christoph Nabholz, Chief Research & Sustainability Officer at...
How tech giants are safeguarding global data centres from cyber attacks
“While physical security is given utmost importance at data centres, it is critical for organisations to beef up their cybersecurity posture through regular vulnerability assessments and penetration testing to check their readiness to tackle cyber threats,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited, told IANS.
AI to tackle UK insurance fraud and assess flood damage
The project is one of 40 backed by £13 million in Government investment to support collaborative industry and research projects to develop the next-generation of professional services.
Shortage of skilled IT workforce looms over India: Nasscom
The demand-supply gap for skills affected the industry’s performance in 2018, due to shortage of 140,000 skilled techies for 500,000 jobs in the industry across verticals. “Going forward, the industry will face a shortage of 230,000 skilled techies as jobs in AI and Big Data are estimated to be 780,000 by 2021.”
Self-driving cars ‘learn’ to predict pedestrian movement
Equipping vehicles with the necessary predictive power requires the network to dive into the minutiae of human movement: the pace of a human’s gait (periodicity), the mirror symmetry of limbs, and the way in which foot placement affects stability during walking
Google, Amazon expanding smart home device data gathering
The commercial success of voice assistants has bolstered dozens of companies working to build interest in internet-enabled televisions, kitchen appliances and other devices. Many people first start tinkering with connected appliances after buying a smart speaker. Surveys show about a quarter of U.S. smart speaker owners regularly use them to control something else, a percentage analysts expect to rise.
Insuring The Sharing Economy
As traditional ways of doing business become more fluid, new risks and uncertainties are emerging. In particular, many sharing economy companies currently assert that whatever happens in the course of a peer-to-peer transaction is between the participants and all they are doing is supplying the platform.
`Regulatory Sanbox: IRDAI Irdai to allow testing of products before launch
The applicant can apply in any one of more of the five categories namely insurance solicitation or distribution, insurance products, underwriting, policy and claims servicing and any other. The applicant could apply singly or jointly in one or more than one category, provided that if the category involves insurance product or underwriting, then the applicant necessarily has to partner with an insurer.
Automation impact: 76 per cent Indian employers plan to increase, maintain headcount
“As more and more robots are being added to the workforce, we, as leaders, must ensure that humans are integrated with machines, as this is the need of the hour,” said Manmeet Singh, President ? Experis, ManpowerGroup India
Budget 2019: India to lead the world in transportation through EVs, says FM
Electric vehicle sales in India are expected to be 30 per cent of total sales by 2030. According to Niti Aayog estimates, EV sales are expected to touch around 25.36 million units in India in 2030.
Accenture Software now does what 40,000 employees used to do
Accenture’s clients can also set custom rules for whether a system will process something automatically based on how much confidence the artificial intelligence software has in its own predictions. For instance, if a system were handling routine insurance claims, a company might allow it to automatically pay those claims as long as it had at least a 95 percent confidence that the decision was correct, Polishook said. If its confidence fell below that threshold, then the claim would be routed to a human claims handler.