Microsoft announces AI-powered OneDrive and SharePoint features

Microsoft is bolstering OneDrive and SharePoint with new AI capabilities to stand out from the competition, including searchable video transcripts. According to a report by CloudRail last year, OneDrive is lagging in popularity behind Dropbox and Google Drive by a substantial margin. The company will be hoping its new features help to close the gap. Omar Shahine, Partner Director of Program Management for OneDrive and SharePoint, said:

“We are announcing...

Enterprise automation investment to boom, says KPMG – but many organisational issues to tackle yet

Enterprise investment in the intelligent automation (IA) space is set to hit $232 billion (£x) by 2025 according to a new study from KPMG – but while organisations today have high hopes, they are not ready to reap the benefits yet. The study, titled ‘Ready, Set, Fail? Avoiding Setbacks in the Intelligent Automation Race’, argues that enterprise spend will skyrocket in the coming years, from $12.4bn today, to $96.4bn by 2023, to $148.8bn by 2024. As a result, the industry will be...

Australian industrial scenario changing as businesses mull over AI adoption

Businesses in Australia are not prepared for the imminent uptake of artificial intelligence (AI) and automation, according to the latest survey from Ajilon. The majority of the almost 1,500 IT professionals polled (91%) believe that upskilling is important to remain relevant in their jobs, while one in four are worried that their organisation does not see AI and automation as a threat despite their beliefs. Moreover, 17% also indicated that their company fast enough to keep pace with rapid...

Experts believe AI will be weaponised in the next 12 months – attacks unslowed by dark web shutdowns

The majority of cybersecurity experts believe AI will be weaponised for use in cyberattacks within the next 12 months, and the shutting down of dark web markets will not decrease malware activity. Cylance posted the results of their survey of Black Hat USA 2017 attendees yesterday, and 62 percent of the infosec experts believe cyberattacks will become far more advanced over the course of the next year due to artificial intelligence. Interestingly, 32 percent said there wasn’t a chance...

AI to help boost global GDP by $15.7 trillion in 2030, says PwC

A new study conducted by research firm PwC suggests that AI will add $15.7 trillion to the global economy in 2030. Over the period of 2016-2030, labour productivity improvements are likely to account for over half of all economic gains from AI, whereas the increased consumer demand resulting from AI-enabled product enhancements will account for the rest. China and North America are the two regions that will witness the greatest economic gains from AI. The former will provide 26% and the...

Bonsai launches Early Access Program to help enterprises build and deploy AI models

US-based Bonsai is set to engage enterprises across industries such as robotics, manufacturing, supply chain, logistics and energy to jointly design, build and deploy artificial intelligence (AI) models with the help of its new Bonsai Early Access Program. The program helps enterprises lacking talent or tools that can combine an organisation’s subject matter expertise with complex machine learning technologies to build application specific AI models. It provides organisations with the...

Tencent gears up for greater GPU acceleration and AI possibilities with NVIDIA

Tencent’s cloud computing services will be beefed up with GPU accelerators from NVIDIA to ‘help advance artificial intelligence for enterprise customers’, the companies have announced. The collaboration will include plugging Tencent’s cloud into NVIDIA’s Pascal architecture to connect multiple GPUs, as well as offering services incorporating Tesla P100, P40 and M40 GPU accelerators. In other words, this means companies on Tencent’s cloud will be able to harness features such...

ZingBox aims for ‘Internet of Trusted Things’, bundles AI into new solution

Cybersecurity provider ZingBox has announced the launch of a new generation of cybersecurity solutions, called IoT Guardian, which focuses on service protection. The solution is being claimed as the industry’s first to offer a combination of deep learning algorithms to discern each device’s unique personality and enforce acceptable behaviour. Its self-learning approach continually builds on previous knowledge to discover, detect and defend critical Internet of Things (IoT) services and...

AI may help create more sustainable data centres – but there’s work still to do

Enterprise data centre provider Aegis Data argues in its latest note that utilising artificial intelligence (AI) could be key in winning the battle for sustainable data centres. “There’s no escaping the reality that as more connected devices and technology trends sweep the market, more demands will be placed on the data centre to provide the high-powered servers and cooling systems required,” said Greg McCulloch, CEO of Aegis. “But in the pursuit of guaranteeing performance, it is...

Why a potential trillion dollar B2B bots industry has a “decade of innovation” to come

From Domino’s Pizza, to Uber, to Bank of America, bots are one of the hottest properties in business tech right now and opening up new avenues. Yet according to Beerud Sheth, CEO of chatbot platform provider Gupshup: “I see a decade’s worth of innovation yet to come.” At Mobile World Congress, Sheth was fielding multiple queries as your reporter sidled up for a chat; something of a revelation given the location was the traditionally relatively sparsely populated Hall 8.1. Yet this...