The post IndiaFirst Tech Startup Conclave & Awards’23 Success and Upcoming Events appeared first on AICRA.

Further developments are primarily aimed at making the purchasing process more intuitive and simpler. Retailers have realized that simplifying the user and customer experience leads to higher sales.

However, making the selling process simple and intuitive is important as making the customers’ lives easier. Essentially, these are two sides of the same coin, and both can be significantly improved with the right technology. We’ve recently discovered, that there is no better technology for this purpose than artificial intelligence (AI).

How does AI help sales professionals?

AI is not a new concept, and its definition has evolved significantly over time. Today, we routinely use it in a variety of everyday devices and appliances, often without even realizing it, even though the general public may still imagine evil robots taking over the world whenever AI is mentioned.

Naturally, this does not mean that there are no risks involved with the misuse of AI, especially given how difficult it is to predict how this technology will evolve in the future. However, the benefits of AI are so widespread and valuable in so many industries that we can confidently state that it is here to stay. And, obviously, its effectiveness extends beyond the scope of business to assist us with issues that we all find critical, such as healthcare and education, weather forecasting, disaster response, and many others.

We frequently hear that data is the “most valuable asset” in today’s world. This is also true for retailers and salespeople – obtaining reliable customer data is critical to their success. However, given the amount of data uploaded every day (2.5 quintillion bytes per day in 2018 and expected to grow to 463 exabytes in 2025), simply having billions of divergent data points is of little use to any business.

This is where artificial intelligence’s processing power comes into play. AI can sort through this data, organize it, and put it to use. By analysing the data generated, vendors can learn more about their customers, prospects, and the market in general. This can help with lead generation, pipeline monitoring, sales forecasting, real-time marketing, and customer communication, to name a few advantages.

AI’s ability to act on interpreted data also helps in the automation of tasks and workflows, increasing productivity. Furthermore, it speeds up and smooths communication within the organization. Finally, it can perform numerous repetitive and tiresome tasks that were previously performed by human representatives in a reliable and error-free manner.

How is AI taking over sales?

When we say that AI is “taking over” sales, we don’t mean that it’s coming to take our jobs or that sales reps will soon become obsolete. Because it is taking over, it will become an absolute necessity for retailers if they want to stay afloat.

Simply put, salespeople who use AI will gain an advantage over their competitors that will be difficult to compensate for. Using AI methods to collect and analyze data is the best way to get to know your customers.

Furthermore, it is becoming increasingly important for businesses to be available to their customers at all times and through multiple channels. Immediacy is critical here; if you are not present when a customer is considering purchasing something, you may lose money. As many as 64% of customers expect brands to respond and interact with them in real-time. This is why chatbots are so useful: they can intervene at any time and provide assistance.

Overall, AI will not “take over” in the sense that the sales process will be completely automated, with no human involvement. Not anytime soon, at any rate. However, it will undoubtedly become a necessary tool for sales departments and human sales representatives.

All-inclusive

AI is a highly effective and promising technology that has yet to reach its full potential. It’s widely used in sales for the benefit of both buyers and sellers, and its greatest advantage is that it provides businesses with incredibly valuable insights about their customers.

As a result, the current generation of retailers may know more about their customers than any previous generation. Now that they know what their customers are all about, they can put the “customer first” philosophy into action. And by doing so, they will benefit themselves as well as their business.

Of course, such powerful technology can be misused and exploited, but we have the opportunity to put it to good use and benefit all of us. Now it’s up to companies to decide.

Global Artificial Intelligence Summit & Awards

If you or your organization is building cutting-edge AI solutions to adapt to a world driven by technology, Please nominate yourself/or your company for GAISA AWARDS 2022.

Please follow the below-given link to nominate:https://gaisa.in/award

All further details regarding the event will be updated on the official website of Gaisa 2022. Please Visit: https://gaisa.in/

The post How to Sell with AI? appeared first on AICRA.

Farmers’ interest in cutting-edge technology has generated a market for agricultural robots and drones worth $23.06 billion by 2028. In open fields and greenhouses, robots can already perform a range of tasks. From weeding and harvesting to sampling and spraying, advanced technology help farmers cultivate healthy crops in a financially and environmentally sustainable manner. While we are only at the beginning of this trend, there are already numerous examples of how agricultural robots might affect food production.

A Tertile robot that makes weeding easier than ever

In many homes, there are food and flower gardens. While this activity is fun and offers nutritious food, it is also a constant battle to eliminate weeds that deprive plants of water and nutrients. Weeding can be time-consuming and difficult, which is why Franklin Robotics, a technology company, has come up with a solution. Tertill, a 1.1-kg heavy robot from this American startup, trims itself as it walks about the garden. The four-wheeled device uses sensors to locate its target and a nylon thread on its underside to pull weeds out.

The robot’s solar panel can charge its battery when it is exposed to direct sunlight. The device can also be charged using a USB cord. To keep Tertill from fleeing and allowing it to patrol in a set area, the robot’s owners must enclose their garden with at least a five-centimeter-high wall. Although the machine is weather-resistant, rocks, mud, and uneven terrain might slow it down. Franklin Robotics has also developed a smartphone app that allows clients to monitor the robot’s activities as well as the weather in the garden.

Smart core to check soil samples

Crop production in large open fields faces unique challenges. Farmers must study soil samples to determine the number of nutrients required in certain field areas. Using the proper amount of nutrients can increase yields, cut costs, and minimize surface and groundwater pollution. Using too many or too few chemicals, on the other hand, may have a negative impact on agricultural productivity. Farmers often collect soil samples by hand, which is a time-consuming and error-prone procedure despite the necessity of the process.

Troy Fiechter and Drew Schumacher, both Purdue University graduates, have developed a superior soil analysis method. The duo developed SmartCore, an autonomous robot that navigates fields and collects samples from specific locations. Obstacle detection algorithms and GPS lead the equipment to take samples from the same region each year, allowing farmers to track the changes in their soil. After the sample is taken, SmartCore transports it to the edge of the field for shipment to a lab.

Swarm robots to plant seeds

The robots use satellite navigation to transmit their exact location, which helps operators optimize planting operations. Controlling and optimizing the machines is the responsibility of the OptiVisor algorithm. Fendt’s field robotic system is energy efficient due to its low weight and low-maintenance engine. The grid, farmers’ biogas facilities, wind energy, or fuel cells can all be used to charge the battery. As one of the pioneers in the development of farming tractors in the early twentieth century, Fendt believes that its latest technology solutions may help agriculture take the next big step forward.

The robots send their exact location via satellite navigation, which aids operators in optimizing planting operations. The OptiVisor algorithm is in charge of controlling and optimizing the machines. Because of its low weight and low-maintenance engine, Fendt’s field robotic system is energy efficient. The battery can be charged using the grid, farmers’ biogas facilities, wind energy, or fuel cells. Fendt believes that its latest technology solutions can assist agriculture to take the next significant stride ahead, as one of the pioneers in the creation of farming tractors in the early twentieth century.

Mamut robots to spot plant diseases

Experiments are also being conducted by Cambridge Consultants, a subsidiary of the French engineering firm Altran. The high-tech company is working on Mamut, an AI-powered autonomous robot that uses a stereo camera, an AI system, lidar, and a compass to map and navigate a natural area. Inspection sensors and six 360-degree cameras, one of which is a multispectral imaging camera, are included in the device. Mamut wanders around farm fields, gathering visual data and creating maps to aid farmers in spotting diseases, estimating crop yields, and selecting the best harvesting time. Unlike drones, the robot goes beneath the plants to get more detailed information.

Cambridge Consultants is still training the AI to monitor crops, which is a difficult task. The robot travels around 24 kilometers in eight hours, during which time the developers evaluate functions including collision avoidance, route planning, and route following. Although high-value crop growers expressed the most interest, the company thinks that the Robotics-as-a-Service commercial model will allow the product to reach a larger market. Farmers would only pay for a one-time service, and the technology supplier would own the robot. This allows consumers to adjust their robot usage based on their current needs and cost constraints.

Naio technologies robots

Naio Technologies has a number of robots that can not only operate as the ideal farm laborer, but also conserve and protect the environment.
The robots are capable of weeding, hoeing, and harvesting assistance. “We aim to provide access to the latest technologies to all partners in the agriculture industry, to help grow healthier, more abundant, and ecologically friendly crops,” the team says.

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Global Artificial Intelligence Summit & Awards

If you or your organization is building cutting-edge AI solutions to adapt to a world driven by technology, Please nominate yourself/or your company for GAISA AWARDS 2022.

Please follow the below-given link to nominate:https://gaisa.in/award

All further details regarding the event will be updated on the official website of Gaisa 2022. Please Visit: https://gaisa.in/

The post Top AI devices for agriculture lands appeared first on AICRA.

How is the Mobility Landscape Changing?

Mobility technology is a driving force in making transportation more user-friendly and accessible. Smart mobility is propelling city economic growth, improving logistics supply chains, increasing labor market accessibility, and opening up new markets for businesses.

Smart mobility technologies such as shared bikes and e-scooters are changing the urban mobility ecosystem, and cities are responding by building dedicated lanes and improved transportation systems.

Why is AI Important to Mobility?

Smart cities all over the world strive to provide more efficient and environmentally friendly transportation options. Transportation options such as Connected Autonomous Vehicles (CAV) and drone deliveries will soon dominate the mobility landscape. Because of the constant increase in traffic, traffic-induced noise and pollution, and the limited availability of space in urban areas, the way people and goods move will have to change dramatically.

Machine learning, artificial intelligence, and data analytics are used by organizations to identify, predict, and solve mobility challenges. Companies and cities can use artificial intelligence technology to transition to autonomous mobility — highly personalized and environmentally friendly systems.

Eight Ways AI is Impacting Mobility

Here are the top eight ways in which AI is changing mobility.

1. Smart Grid Management

Electric cars need to charge their batteries now and then. But many people don’t know that they can also resell the power stored in electric cars’ batteries back to the electrical grid. AI can predict the best times to charge your electric vehicle and when to use it for Vehicle-to-Grid (V2G) “un-charging.” Smart grid management enables drivers to reduce costs and increases the efficiency and stability of the entire grid.

2. Transportation Systems

Mobility-as-a-Service (MaaS) enables users to quickly plan trips using different means of transportation. With MaaS, commuters can book, manage, and pay for rides using personal devices like smartphones or other connected devices.

When powered by AI, MaaS systems gain significant benefits, like fully autonomous driving and smart tracking. Additionally, MaaS with AI-based controllers can optimize, monitor, and coordinate autonomous car fleets while offering great options to individual users.

AI-based MaaS can also be applied to ride-sharing, enabling users to share autonomous cars across an optimized route in a much cheaper and safe way. Ride-sharing users can also get a greater social experience when riding with people of similar interests. This can change traditional transportation networks and transform the way people commute.

3. Driver Tracking

A driving monitoring system uses cameras to monitor the alertness of the driver. The system detects the driver and assesses his or her level of concentration. When a driver is distracted, the system alerts them. Drivers can use AI-based systems to customize vehicle settings such as seat position, temperature, and mirrors.

This technology is based on AI algorithms that monitor head position, eye openness, and other alertness indicators. If necessary, the system alerts the driver to refocus or take a break. Posture management allows for the most effective deployment of airbags in the event of an accident.

4.Self-Driving Vehicles

Despite public skepticism, driverless vehicles are slowly but steadily making their way into the transportation sector. While the majority of self-driving vehicle companies are still running pilot projects to ensure passenger safety, some have already deployed vehicles on public roads. As this technology advances, self-driving vehicles may gain widespread acceptance and become the norm for consumers.

Computer vision and deep learning systems are the brains of a self-driving car. These systems are responsible for processing and giving context to all the information that comes from the sensors. A self-driving car’s data is coming from multiple different sources like cameras, radar, and Light Detection and Ranging (LiDAR). Computer vision systems need to process data from all these different sources. As a result, environment information gathering becomes a very comprehensive task.

5.Traffic Management

Every day, people face traffic congestion issues. AI has matured to the point that it can now solve this problem. Cameras and sensors are embedded throughout roads to collect traffic data. These details are sent to cloud-based big data analytics and AI-based systems. These big data tools perform an analysis to identify traffic patterns and predict congestion.

Drivers can also use AI to improve road safety and reduce wait times. Important traffic information such as accidents, road closures, and the shortest routes to a destination can assist drivers in traveling without encountering traffic congestion.

6.Manufacturing

AI is also changing the way cars are built. For example, Kia recently introduced the Hyundai Vest Exoskeleton (H-VEX) wearable robot. The robot is used to improve car assembly lines as well as to protect factory workers.

Another example is Automated Guided Vehicles (AVGs), which are designed to transport materials without the use of humans. Welding and painting robots powered by AI can detect manufacturing flaws and adjust their processes accordingly. These AI-powered robots make automobile manufacturing safer, more efficient, and less expensive.

7.Insurtech

Technology applications in insurance, also known as insurtech apps enable drivers to file their damage assessments after an accident and driver risk assessments based on risk factors filtered out of big data.

8.Smart Cities

AI-based systems have a huge impact on the way cities expand and grow. For instance, autonomous vehicles can initiate a de-urbanization trend. Autonomous vehicles offer a cheaper, faster, and safer way to commute. People can live outside of cities and use self-driving cars to get to work quickly. And since they aren’t driving, they can be fully productive during the ride, using commute time to continue working while the AI drives the vehicle

Conclusion

The transportation industry is ever-changing. Artificial intelligence and machine learning are already reshaping the automotive industry. AI-based systems aid in the reduction of traffic accidents and fatalities, the reduction of manufacturing costs, and the improvement of service levels. On the other hand, when businesses fail to adapt and follow the new trend, AI-based automation and systems can result in technological unemployment.

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Global Artificial Intelligence Summit & Awards

If you or your organization is building cutting-edge AI solutions to adapt to a world driven by technology, Please nominate yourself/or your company for GAISA AWARDS 2022.

Please follow the below-given link to nominate:https://gaisa.in/award

All further details regarding the event will be updated on the official website of Gaisa 2022. Please Visit: https://gaisa.in/

The post How AI is Changing the Mobility Landscape appeared first on AICRA.

The fear of robots replacing humans in job roles is unnecessary. Automation has very less effect on job roles that involve managing people, applying expertise, and social interactions, where machines are unable to match human performance at least for now. There are also some jobs (Mostly jobs in unpredictable environments) that are technically difficult to automate.

People see how automation is replacing humans from different job roles but one important thing that they don’t notice is the new jobs created by automation and new technologies. According to experts, we might see a spur of job creation by 2030.

Globally, we estimate that 250 million to 280 million new jobs could be created from the impact of rising incomes on consumer goods alone, with up to an additional 50 million to 85 million jobs generated from higher health and education spending.

Article: Jobs lost, jobs gained: What the future of work will mean for jobs, skills, and wages from www.mckinsey.com

The investments made in technologies like artificial intelligence are expected to gain by 50 % by 2030, this will create 20 to 30 million jobs globally.

Automation will transform the world and workplace but it is not going to cause any harm to the workforce until and unless employees are ready to adapt to the new scenario and update themselves with new skills required to go hand in hand with automation and technology.

Will there be enough work in the future?

Sufficient economic growth, technological innovations, and investments are enough to create new jobs in the future.

Benefits of automation in workplaces

• Improved safety and security: With automation robots are taking over hazardous jobs such as jobs involving blades, welding, chemical exposure, and more. It’s obvious why human error can have huge consequences in this setting, especially after workers have been on the line for long hours. Automation also reduces human errors in office settings by accurately monitoring unusual cyber activities.
• Product/Service quality: One of the most significant advantages of automation is the elimination of weariness. Furthermore, robots do not require restroom breaks or sick days. They can produce the same thing in the same way for as long as you want, with almost little fluctuation in quality. In an office setting, automation also provides higher product quality. Automation personal assistance can plan for your office meetings and also remind you about your hospital appointment.
• Higher profits: Automation has the potential to create higher profits by accelerating business growth. For example, while the development of ATMs may have reduced bank teller jobs, the number of branches expanded since ATMs made it cheaper to operate each branch. As a result of the capacity to service more clients over long hours at a lower cost, bank teller employment grew overall.
• More value to employees: By automating aspects of your business, you may provide your employees more value and make them more productive. Furthermore, it will most likely lead to more interesting work.
• Freedom from boredom: Automation allows human employees to focus on more critical jobs band free them from busy and repetitive works.

Conclusive thoughts

Automation in the workplace has huge benefits for everyone. It expedites time-consuming activities, enhancing the candidate and employee experience. This boosts revenue, productivity, and the employer brand. While some people are concerned that AI, automation, and robots will take their jobs away, the facts.

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Global Artificial Intelligence Summit & Awards 2022

f you or your organization is building cutting-edge AI solutions to adapt to a world driven by technology, Please nominate yourself/or your company for GAISA AWARDS 2022.

Please follow the below-given link to nominate:https://gaisa.in/award

All further details regarding the event will be updated on the official website of Gaisa 2022. Please Visit: https://gaisa.in/

The post How Artificial Intelligence Transforming Work Places? appeared first on AICRA.

 We are living in an era of social media with an active population of 3.81 billion. Social media has become the favorite baby of many business sectors since it provides a great way to find new clients or nurture their relationships with existing ones. Social media platforms like Facebook, Instagram, etc. are dealing with an unimaginable amount of data that is increasing exponentially with each passing year. 

The analysis and management of bulk data consisting of social media spaces are done through the incorporation of Artificial intelligence and several other technologies. 

As we all know, AI makes a machine think and act accordingly.AI & machine learning together helps various social media platforms make sense of the user-generated data. Ai empowered analysis of voluminous data helps companies to perceive what’s trending, different hashtags, and patterns. Using various algorithms, AI can detect unstructured user comments and thereby offer a customized experience and concede crisis. For example, Facebook with the help of AI grasps the likes & interests of users to serve content accordingly.

Artificial intelligence has great relevance in social media networks. It creates better and more efficient ways for marketing. The influence of AI in social media automates some of the labor-intensive tasks and makes them more focused on higher-value tasks. 

Ai can also dramatically enhance the revenue from your social media investments giving you an insight into effective posts, relevant audiences, and the channels that work best for you.

Let’s now go through some of the Use cases of Ai in social media marketing

• Content creation & Management

Ai helps us to produce and distribute effective sharable content. Ai tool analyses past experiences and learn what works in each channel. It develops the right message at the right time according to the interested audience.

• Social media insights

Several AI-powered tools are used to measure and improve brand equity, detect consumer trends, and understand target audiences. It also recommends what to post and when to post after learning about successfully implemented strategies by others.

• Advertising

Ai tools can literally create effective ads optimized for clicks and conversions.AI can also analyze PPC advertising across Facebook and Instagram, then offers recommendations to improve performance based on data.

• Ai powered chatbots

Businesses use Ai-powered chatbots to answer customer queries. These chatbots can effectively proceed with conversations with consumers and provide them with the required answers.

• Increased security

Artificial intelligence is also used to ensure the security of user data by adding features like user authentication, pattern detection, fraud prevention, etc.

Artificial intelligence is here to stay forever. Ai has a great impact on social media networks. Social media is the biggest virtual market in the future and AI helps it to improve in every possible way. 

The post Rising Influence of AI on social media platforms appeared first on AICRA.

This AI plateau is happening beneath the surface, smartening our existing technology and unleashing the power of all the data that organizations collect. That is to say, advances in machine learning (ML), computer vision, deep learning, and natural language processing (NLP) have made incorporating an AI algorithm layer into your software or cloud platform easier than ever.

Depending on your organization’s needs and the business intelligence (BI) insights generated from the data you collect, practical AI applications for organizations might develop in a variety of ways. Businesses can utilize AI for anything from mining social data to increasing consumer engagement in customer relationship management (CRM) to optimizing logistics and efficiency in asset tracking and management.

How to integrate AI into your business

Take the time to understand what modern artificial intelligence can do. You should also educate yourself on the core concepts of AI by using the various online materials and tools accessible.

Determine the Issues You Want AI to Solve

After you’ve mastered the fundamentals, the next step for any company is to begin experimenting with new ideas. Consider incorporating AI capabilities into your current products and services. More importantly, your organization should have clear use cases in mind where AI may solve business problems or provide provable value.

Prioritize Concrete Value

Next, evaluate the potential business and financial value of the various AI implementations you’ve identified.

Recognize the Internal Capability Deficit

There is a significant disparity between what you want to accomplish and what you have the organizational capacity to accomplish within a particular time frame. Before entering into a full-fledged AI implementation, a company should understand what it is and is not capable of in terms of technology and business processes.

Recruit Experts and Launch a Pilot Project

Once your organization and technology are in place, it is time to begin building and integrating. The most important things to remember here are to start small, set project goals, and, most importantly, be conscious of what you do and don’t know about AI. Bringing in outside specialists or AI consultants can be extremely beneficial in this situation.

The post HOW TO ADOPT AI IN YOUR BUSINESS appeared first on AICRA.

The event kicked off on the 17th of February with Dr.Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India delivering the inaugural address. The conclave marked the largest event of its kind following two days filled with new product launches, Exhibitions, and a series of keynote sessions. The technological innovations seen there is a harbinger of what’s to come in the future ahead in sectors such as healthtech, agritech,fintech,edtech, etc.

“India is becoming a preferred destination for startups due to its vast unexplored potential, and the ease of business and regulatory environment provided by Prime Minister Narendra Modi and the current government,” Dr. Jitendra Singh claimed at the inaugural speech. “Due to the new supportive ecosystem 10,000 startups were registered in 2021 alone, and that currently there were over 50,000 startups in India today, providing more than 2 lakh jobs.” He added.

With several attendees from major industries, India first tech startup conclave & awards was able to gather the entire startup ecosystem including distinguished participation by the best breed of innovators, policymakers, industry experts, government representatives, and entrepreneurs.

The event displayed the next wave of innovation that will shape the startup ecosystem of our country in 2022 and the economy of tomorrow. The event has featured a plethora of exhibitors unveiling innovation across the fields that will better the world and solve global challenges.

On the occasion, AICRA rewarded outstanding startups and ecosystem enablers contributing to the dynamism by spurring innovation. A range of startups with their remarkable products/ solutions have been recognized through these awards.

The event once again showed the vital role of startups in the growth of India’s economy. As dr Singh claimed at the inaugural speech, startups could play a vital role in contributing towards India becoming a $5 trillion economy by 2025.

The post That’s a wrap for India first tech startup conclave & awards organized by AICRA appeared first on AICRA.

It is a great opportunity for the new startups to get a platform where they can meet many great leaders , industry experts and get to know how to build your business effectively and efficiently.

This conclave brings together various innovators, venture capitalists, government department’s representatives, business model creators, consultants, policy-makers, academicians, support groups

CEO, CXO’s, and business coaches present their ideas, innovation, and their success story to give an immense boost to the budding tech startups.

TICKETS:

Tickets for INDIAFirst Tech Startup Conclave & Awards 2022 – New Delhi can be booked here.

https://www.aicra.org/events/delhi/index.php

The post INDIAFirst Tech Startup Conclave & Awards 2022 – New Delhi appeared first on AICRA.

Today, with Stand-Up India moto Startups have taken a boom to grow as somebody’s passion or somebody’s need or somebody’s desire.

AICRA as established in 2014 continuously tries to devote itself to the growth of Individuals by providing various courses and organizing events to provide a place to be explored by people for their sake.

This year AICRA decided to organize India’s Fist Tech Startups award to provide the best way for startups to interact with Angel investors / Buyers at one place Face-to-Face. In India, we have many AgriTech that provide our Farmer’s technologies in a simplified manner in many ways whether it may be by providing delivery of basic services or advanced technologies that simplify their
day-to-day work, many of them focus on the production of certain items that enhance the production process over time.

At the same time if we focus on HealthTech they all are devoted to simplifying the process of getting medical facilities up to an individual level, some of them focusing on enhancing the level of services that are to be delivered at the individual level for medications, etc.-

The post Start-up’s…A vision to grow with other’s appeared first on AICRA.