The big data race reaches the City

The big data race reaches the City

Copyright: The Telegraph / Worldcrunch – Marion Dakers

IBM’s Watson supercomputer, once known for winning the television quiz show Jeopardy! in 2011, is now sold to wealth management companies as an affordable way to dispense investment advice. Twitter has introduced “cashtags” to its stream of social chatter so that investors can track what is said about stocks. Hedge funds are sending up satellites to monitor crop yields before even the farmers know how they’re doing. Continue reading

Internet of Things and the New World of Multilingual Communication

Internet of Things and the New World of Multilingual Communication

Copyright: America Economia/Worldcrunch – Marcela Arbeláez

Translating in the future will require an increase in high-speed services that adjust to the ultra-fast Internet of Things (IoT). The IoT is bound to transform our homes and jobs by connecting all sensor-driven devices with on/off switches to both the Internet and to each other. This in turn will hasten a range of tasks that require translation in the future to keep pace with the transferring data practically in real time to meet client requirements. And that is not all. Continue reading

Artificial intelligence the next ‘big bet’ for online retailers, say bosses

Artificial intelligence the next ‘big bet’ for online retailers, say bosses

All rights reserved: The Daily Telegraph – Isabelle Fraser

Artificial intelligence is the key to the future of online retail, business bosses have said, providing a crucial way to help shoppers find what they want. Alex Baldock, chief executive of Shop Direct, which runs very.co.uk and Littlewoods, told the Telegraph Festival of Business in London that artificial intelligence was the company’s “big bet”. Continue reading