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AspenTech Expands Application of Industrial AI to Achieve New Profitability

May 31, 2021

AspenTech Expands leadership in Industrial AI with Hybrid Models, Deep Learning APC and Empowers Data Scientists to Collaborate with Domain Experts to Achieve New Profitability and Sustainability Goals.

Thai team makes it Microsoft’s Imagine Cup finals

April 05, 2021

Microsoft Corp on Monday announced the top four finalists of its 2021 Imagine Cup competition, with Thailand’s Team Threeotech emerging top in the Lifestyle category.

Automating the enterprise to thrive in your digital transformation journey

WEDNESDAY, MARCH 31, 2021

Today’s businesses are challenged to move faster than ever before and often with less resources – both budget and personnel. That challenge has grown since mid-2020, with workforces going remote during Covid, which has led IT departments to re-evaluate how they can support their customers and grow their business in uncertain times. Automation may be the solution and the underutilised tool in their technological toolbox.

Robot butlers may take over your household chores, but it will be years before then

WEDNESDAY, MARCH 24, 2021

For at least a decade, robotics and AI firms have flexed their ability to create machines that can complete various practical household tasks. Last month, Boston Dynamics showed its Spot robot dog picking up clothing.

Accelerate business outcomes with Industrial AI

MONDAY, FEBRUARY 08, 2021

In 2021 and beyond, Industrial AI, as a new industry category will go mainstream – catalyzed by key business drivers, dimensions of readiness and adoption of real-world use cases. To set context, Industrial AI can be defined as a systematic, collaborative, and integrative discipline focusing on developing, embedding, and deploying various machine learning algorithms as fit-for-purpose, domain-specific industrial applications with sustainable business value.

Japan FSA banks on AI to bust money laundering

MONDAY, FEBRUARY 08, 2021

The Financial Services Agency (FSA) plans to roll out an artificial intelligence system that can detect fraudulent money transfers at financial institutions nationwide as early as fiscal 2021 in an effort to strengthen measures against money laundering, The Yomiuri Shimbun has learned.

Facebook's AI mistakenly bans ads for struggling businesses

SATURDAY, NOVEMBER 28, 2020

Will AI save us from coronavirus?

SUNDAY, NOVEMBER 01, 2020

Early this spring as the pandemic began accelerating, AJ Venkatakrishnan took genetic data from 10,967 samples of the novel coronavirus and fed it into a machine. The Stanford-trained data scientist did not have a particular hypothesis, but he was hoping the artificial intelligence would pinpoint possible weaknesses that could be exploited to develop therapies.

Aspen Tech delivers new industrial AI solutions for ‘self-optimising plant’

THURSDAY, OCTOBER 29, 2020

Aspen Technology says its new aspenONE V12 software embeds artificial intelligence across the portfolio and uses the cloud to deliver enterprise-wide analytics and insights for increased safety, sustainability and improved margins. The Nasdaq-listed tech firm hailed its latest industrial AI solution as a vital step towards the self-optimising plant.

Factories seek robotic aid amid labor shortage, outbreak

SUNDAY, OCTOBER 04, 2020

Tirelessly working automated guided vehicle (AGV) systems have proved their value in factories and warehouses for conveying heavy loads on behalf of humans. Now they are attracting additional attention and demand because using them reduces person-to-person contact amid the ongoing coronavirus outbreak.

Japanese tech identifies individuals from glimpse of gait

SUNDAY, SEPTEMBER 27, 2020

A Japanese team of scientists has developed a technology that uses artificial intelligence to identify individuals by understanding their gait, or walking pattern, based on as little as a brief glimpse, the team led by Osaka University Prof. Yasushi Yagi announced.

New free-flow system at tollbooths will use AI to nab drivers who fail to pay monthly

THURSDAY, SEPTEMBER 17, 2020

The Transport Ministry will use artificial intelligence as part of its planned “M-Flow” system that will replace conventional barriers at toll ways and charge drivers on a monthly basis. AI will be used to detect licence plates and share information with police so legal action can be taken against drivers who fail to pay or those who use “illegal” vehicles.

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