Big Data

Big Tech's harvest of sorrow?

SINGAPORE (Aug 19): Digital technology has transformed how we communicate, commute, shop, learn and entertain ourselves. Soon enough, technologies such as artificial intelligence (AI), Big Data and the internet of things (IoT) could remake healthcare, energy, transportation, agriculture, the public sector, the natural environment, and even our minds and bodies.

Big Tech's harvest of sorrow?

SINGAPORE (Aug 19): Digital technology has transformed how we communicate, commute, shop, learn and entertain ourselves. Soon enough, technologies such as artificial intelligence (AI), Big Data and the internet of things (IoT) could remake healthcare, energy, transportation, agriculture, the public sector, the natural environment, and even our minds and bodies.

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The revolution need not be automated

(Apr 8): Artificial intelligence is transforming every aspect of our lives, not least the economy. As a general-purpose technology, AI’s applications are potentially endless. While it can be used to automate tasks previously performed by people, it can also make human labour more productive, thereby increasing labour demand.

Fifth global SAP Leonardo Center launched in Singapore

SINGAPORE (May 8): SAP, the enterprise application software provider, today launched its fifth global SAP Leonardo Center in Singapore to service its customers in the Asia Pacific Japan (APJ) region.

SAP Leonardo is a digital innovation system that brings together Internet of Things (IoT), Machine Learning, Blockchain, Big Data, Analytics and Data Intelligence on the SAP Cloud Platform.

It also offers a live technology-delivery environment to deliver “Intelligent Enterprise” to customers.

How management accountants of today can avoid being replaced by tomorrow's technology: IMA

SINGAPORE (May 7): With technology evolving faster than many organisations can adapt, it is unsurprising that an increasing proportion of traditional accounting roles may soon be replaced by automation.

According to a recent study commissioned by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accounts (IMA), among the 42% of management accounting professionals, those responsible for general accounting functions were the most concerned about the possibility of technology eliminating their jobs.

MAS among central banks turning to big data to help craft policy

(Dec 19) Central bankers around the world have set up or are creating departments to embrace big data in the quest for deeper insight into the economies they manage.

"Isaac Asimov once said, ‘I do not fear computers. I fear the lack of them,’" David Hardoon, chief data officer at the Monetary Authority of Singapore, said in a recent speech. "We are now starting to put in place the necessary tools, infrastructure and skillsets to harness the power of data science to unlock insights, sharpen surveillance of risks, enhance regulatory compliance and transform the way we do work."

AI company Appier secures US$33 million in Series C funding

SINGAPORE (Aug 30): Appier, which develops artificial intelligence technology, has secured US$33 million in Series C funding from a group of investors including EDBI, the SoftBank Group Corp, LINE Corporation, NAVER Corporation and Hong Kong-based AMTD Group

With this latest round of investment, Appier, which is co-founded by CEO Chih-Han Yu (pictured), has raised a total of more than US$82 million.

Know your clients: Big data in financial services

SINGAPORE (July 20): The next generation of digitisation in financial services will propel the industry into the knowledge economy. More specifically, financial services firms can look forward to a future of using more contextual knowledge and understanding of their clients to generate tangible economic value.

Motorola exploring VR command and control system

SINGAPORE (Jan 13): A paramedic is attending to a heart-attack patient who collapsed by the sidewalk 10 minutes ago. While one of the medics prepares to give him an aspirin tablet to chew on, the patient suddenly loses consciousness.

Nearby, his superior watches the action through live video, data feeds and real-time maps and is able to give treatment advice and direct the ambulance driver to take the quickest route to the hospital.

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Billionaire Li Ka-shing looks at Siri-like software, 3-D printed cars

Li Ka-shing

HONG KONG (Oct 5): Li Ka-shing, the billionaire who made early investments in the likes of Siri and Facebook Inc., is examining startups involved in artificial intelligence and 3-D printing to find the next company that could shake up the technology world.

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