Analytics NEWS

Over 70% Indian Companies Will Adopt AI Solutions Before 2020, Says New Report

The number of  Indian organisations adopting Artificial Intelligence (AI) is expected to witness a manifold increase by the end of this decade. According to a new report by Intel India, the percentage of organisations in India making use of AI will almost reach 70 percent by 2020. The report by International Data Corporation (IDC) on Intel India’s behest, surveyed 194 companies across four verticals — media and telecom, banking and insurance, and retail and healthcare — and found that their growing interest in AI is expected to see them increasing their spending on it over the next 18 months.

According to the report, by mid-2019, the number of companies adopting the AI is expected to be over 68 percent, as nearly 22.2 percent organisations in the survey have already implemented the technology in some form or the other.

 

Chennai Restaurant Becomes India’s First To Hire Robots As Waiters

Imagine a scenario where you walk into a restaurant and find robots waiting your tables instead of human beings. The idea has already been realised in countries like Japan.

But now a restaurant in Chennai has given India its very first robot-themed restaurant.

The restaurant named (no prizes for guessing) ‘Robot’, which was formerly known as MOMO, was founded by Venkatesh Rajendran and Karthik Kannan. With the entry of the four robot ‘waiters’, it was relaunched to make it more in tune with its theme.

Just like we’ve seen in sci-fi films, orders are placed on iPhones which are conveniently located on every table, and are sent to the kitchen directly.

Once the order is ready, it is delivered to the respective tables by designated robot waiters.

 

Google Introduces Machine Learning to Mobile with TensorFlow Lite

Artificial intelligence (AI) today has embedded itself in a wide array of technologies without realization of most consumers.

One important aspect of AI is Machine Learning, which handles pattern recognition. The adoption of machine learning models has grown rapidly over the last few years and so there was a need to organize them on mobile and embedded devices.

Google has launched a lightweight version of its open-source TensorFlow machine learning library for mobile platforms. TensorFlow Lite will give app developers the ability to deploy AI on mobile devices.

LinkedIn’s Fastest-Growing Jobs Today Are In Data Science And Machine Learning

Data scientist roles have grown over 650% since 2012, but currently, 35,000 people in the US have data science skills, while hundreds of companies are hiring for those roles.

Job growth in the next decade is expected to outstrip growth during the previous decade, creating 11.5M jobs by 2026, according to the U.S. Bureau of Labor Statistics.

There are 9.8 times more Machine Learning Engineers working today than five years ago based on LinkedIn’s research, with 1,829 open positions listed on the site today. There are 6.5 times more Data Scientists than five years ago, and 5.5 times more Big Data Developers. The following graphic illustrates the rapid growth of key data scientist, machine learning, big data and full stack developers in addition to sales development and customer success managers.

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