December 2021

Techfastly enables leaders around the globe to dive deeper into technology insights, to drive results - Simpler & Quicker

United States
Mindtrades Consulting
4,57 €(IVA inc.)
45,69 €(IVA inc.)
12 Números

en este número

2 min.
editor’s note

Dear Readers The nature of future occupations is likely to be determined by the extent to which man and machine collaborate. It is unknown to what degree machines will eventually supplant humans in terms of analytical capability. Will human beings become utterly redundant in some job functions? Such insights need to be worked more precisely. Global population projections indicate that by 2030, the world’s population will reach over 8.5 billion. Add to that the exponential growth of artificial intelligence, computer processing power, and robots. It is reasonable to forecast that our global workforce and the demands we place on it will undergo significant changes shortly. Job functions will evolve swiftly in lockstep with technological advancements; therefore, educating and preparing a workforce capable of adapting to shifting needs to be prioritized. In this issue…

8 min.
ultra-precision, super-speed, zero-error inspection; cognitive visual inspection in manufacturing

Earlier inspectors had to laboriously inspect each component for scratches, misplaced parts and other flaws which was slow, expensive, and sometimes flawed leading to cancellation of orders and losses for the organization. Then came automation of inspection but human levels of judgment for detecting flaws was lacking. Finally, cognitive visual inspection with its high precision defect detection and advanced algorithms for detection of flaws of various types in real-time, made entry into the scene. Cognitive Visual Inspection saw companies quickly matching industry 4.0 standards and having zero-defect products as the end result of manufacturing. Approved orders of products, reduced cost in inspection and increase in revenue with maximum clients satisfied is now becoming the norm with application of cognitive intelligent visual inspection. Some areas where visual inspection is used in industries Automobile Parts TARGETS Materia parts Resin…

6 min.
the changing scenarios of digital enterprises in 21st century world

In today’s tech-savvy generation of modern computing inception, AI has been a far-fetched objective, yet each day appears to bring us closer to that goal with new cognitive computing models. Coming from a synthesis of cognitive science and based on the fundamental premise of simulating the human thought process, cognitive computing as a concept and its applications are sure to have far-reaching implications for our personal lives and industries such as healthcare, insurance, and more. The advantages of cognitive technology much outweigh those of conventional artificial intelligence systems. According to David Kenny, General Manager, IBM Watson – the world’s most powerful cognitive computing framework – “AI is only as intelligent as the people who educate it.” The same cannot be said of the most recent cognitive revolution. Cognitive computing processes employ a combination of artificial…

5 min.
cognitive manufacturing and the beginning of a revolution: the start of industry 4.0

Introduction Have you ever imagined a world without technology or new inventions? Let us try to think of one such world, where there were no such inventions to revolutionize mankind or to ease the lives of people. Imagine a world without cloth mills and without the invention of those big machines that are used nowadays to stitch clothes. Imagine a world functioning on needles and thread. Does it sound weird? Yes, it does. Do you know what’s even worse? Imagine a world without online shopping. In the time that I am finishing this line, I’m sure a thousand more orders have already been placed on various online shopping apps in my locality alone. Cognitive technologies delve deeply into a manufacturing process and business environment to extract information with real-world value for a…

8 min.
cognitive enterprise

According to Allied Market Research, in 2018, the market value of cognitive computing was $8.87 billion, wherein in 2026 the market will reach up to $87.39 billion. Also, the market is growing at a CAGR of 31.6% from 2019 to 2026. Besides, the market research company also highlighted that cognitive computing is a next-generation system to process unstructured data quickly. IBM was the first company which developed the cognitive computing-based system. Introduction If you are a tech-enthusiastic, you indeed would have heard, “Cognitive Computing is the future.” Why? Because this technology mimics human behaviours. At present, almost all businesses are looking for a solution that can mimic their customer’s behavious because there is no value in the industry without customers. To acquire better insights into cognitive computing and its increasing role in business,…

10 min.
ibm watson: uncover the power of cognitive solutions

Your value will be not what you know; it will be what you share- Ginni-Rometty Chairwoman, President, and CEO of IBMShe is the first female head of the company. International Business Machines, or IBM, was founded in 1911. They were previously known as the Computing-Tabulating-Recording (C-T-R) Company. Charles Ranlett Flint did not invent the C-T-R Company. Rather than that, it was developed through the consolidation of three companies founded in the late 1800s: the Computing Scale Company, the Tabulating Machine Company, and the Time Recording Company. The newly amalgamated corporation was headquartered in New York City and employed approximately 1,300 people. During its early years, the C-T-R Company concentrated on accounting and calculating equipment, business time recorders, and mechanical punch card systems. It first focused on everyday office items rather than evolving into…