”We are coming to realise that automation will create more jobs than it disrupts and that the next step is to learn how to work with robots,” Platon told The Nation Weekend in an interview. With robotics on the job, workers can save up to 20 per cent of the time they spend on repetitive tasks that actually require no human element. The hours saved could then be devoted to customer engagement, Platon explained. RPA is software used to automate existing processes through robots or artificial intelligence (AI), thus freeing up staff to do more high-value, critical-thinking tasks. In a recent study UiPath commissioned, Forrester Consulting found that nearly 70 per cent of organisations surveyed believed RPA was enabling their employees to have more human interaction. Succeeding in digital transformation initiatives requires organisations to pivot on a core level, that of “engaged employees”, Platon said, citing the same study. “This means that … [Read more...] about UiPath shows the way forward in maximising benefits of automation
Technological advancements in education
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | A Top Huawei Executive Is Arrested in Canada for Extradition to the U.S. Supported by ByDaisuke Wakabayashi and Alan Rappeport Dec. 5, 2018 SAN FRANCISCO — A top executive and daughter of the founder of the Chinese tech giant Huawei was arrested on Saturday in Canada at the request of the United States, in a move likely to escalate tensions between the two countries at a delicate moment. The arrest of Meng Wanzhou, the chief financial officer, unfolded on the same night that President Trump and President Xi Jinping of China dined together in Buenos Aires and agreed to a 90-day trade truce. The two countries are set to begin tense negotiations in hopes of ending a trade war that has been pummeling both economies. Those talks now face an even steeper challenge. The aim will be for the United States … [Read more...] about A Top Huawei Executive Is Arrested in Canada for Extradition to the U.S.
Sections SEARCH Skip to content Skip to site index Technology Log In Subscribe Log In Today’s Paper Technology | Uber’s Self-Driving Cars Are Set to Return in a Downsized Test Supported by ByDaisuke Wakabayashi and Kate Conger Dec. 5, 2018 SAN FRANCISCO — Eight months after one of Uber’s self-driving cars struck and killed a pedestrian, the ride-hailing company is close to putting its autonomous vehicles back on the road in a drastically reduced version of earlier efforts. Uber was driving its autonomous vehicles on public roads in four cities — sometimes at night — at speeds as high as 55 miles an hour when testing was halted after the accident. Starting within a few weeks, it plans to run the vehicles on a mile loop between two company offices in Pittsburgh. They won’t operate at night or in wet weather, and they won’t exceed 25 m.p.h., Uber said Wednesday. But even … [Read more...] about Uber’s Self-Driving Cars Are Set to Return in a Downsized Test
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Race Is On to Protect Data From Next Leap in Computers. And China Has the Lead. Supported by ByCade Metz and Raymond Zhong Dec. 3, 2018 SAN FRANCISCO — The world’s leading technology companies, from Google to Alibaba in China, are racing to build the first quantum computer, a machine that would be far more powerful than today’s computers. This device could break the encryption that protects digital information, putting at risk everything from the billions of dollars spent on e-commerce to national secrets stored in government databases. An answer? Encryption that relies on the same concepts from the world of physics. Just as some scientists are working on quantum computers, others are working on quantum security techniques that could thwart the code-breaking abilities of these … [Read more...] about Race Is On to Protect Data From Next Leap in Computers. And China Has the Lead.
Digital technologies are transforming the financial services sector with insurance, banking and investment now being remodelled through innovations such as big data analytics, blockchain and artificial intelligence (AI). Trading has undergone major changes in recent years, with algorithmic trading significantly increasing the speed and computing power of transactions in the markets. More recently, the use of AI has risen among the world’s top investors and firms. However, as with many emerging technologies, the most sophisticated trading algorithms have been kept in the hands of the elite, not shared with the wider trading community or everyday investors. Here, we take a look at why trading technology should be accessible to all.For the few, not the manyThe development of sophisticated algorithms and big data in trading has provided a significant strategic advantage to those able to get their hands on it. By providing the ability to recognise market and price inefficiencies … [Read more...] about Why trading technology should be accessible to all