How European Retail Banks Are Riding The Wave Of New Technology

How European Retail Banks Are Riding The Wave Of New Technology

It seems like everyday new technology and products are introduced that strive to make us faster, stronger, or more resilient to injuries. Total expenses of retailer’s scanning procedures are reduced by RFID and since RFID can beef up preciseness and data availability, these reduced expenses will turn into savings of time and money. Hersvik was behind the establishment of Cognite , a new company that offers a data platform for various industries, and he is a driving force for the digitalization of the Norwegian petroleum industry.

To develop long-range scenarios for our core markets, we track down trends and technologies in society, research, politics, business and the environment. Transportation Electrification – IEEE seeks to accelerate the development and implementation of new technologies for the electrification of transportation which is manifested in the electric vehicles (EV) of today and the future.

We’ve seen developments in voice technology in the past like Siri, Alexa, and others, but they have often fallen short of human expectation – or are even usefulness in daily life. Disruptive technology trends are going to propel the future where technology innovation leaders must evolve and change at the same pace of the trends they must embrace.

Access to global innovation networks is for Siemens a means of sustaining the advance of technology and safeguarding future business success by developing a broad and innovative high-tech portfolio. Finally and most importantly, create a budget for the maintenance of your business technology.

In June 2018, researchers at OpenAI developed a technique that trains an AI on unlabeled text to avoid the expense and time of categorizing and tagging all the data manually. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails.