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Artificial intelligence to amplify digital transformation: Vishal Sikka

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San Francisco: The digital transformation can best be achieved by adopting automation and artificial intelligence (AI) and the growing symbiosis between Infosys and Oracle is going to help achieve this goal faster than ever, said Infosys CEO Vishal Sikka.

Addressing a gathering of top innovators at Oracle’s OpenWorld 2015 conference here on October 27, Sikka emphasised on how AI can be a great amplifier to simplify and enable existing landscapes as well as build intelligent systems that help us solve our most complex emerging problems.

“The world is looking at providing services in a better way. I observe three major shifts – focus on experience among consumers, emergence of AI and the ultimate cloud phenomenon,” he added.

Sikka also announced that the Infosys Finacle’s core banking solution – running on new and secure Oracle SuperCluster M7 microprocessor – has set a new record for the number of banking transactions processed.

“The solution supported more than two billion bank accounts with near linear scalability. The results showcase Finacle’s capabilities to manage extraordinarily large transaction volumes to help banks cater to their growing business demands at reduced costs,” he said.

The tests were conducted across a mix of delivery channel transactions that could originate from branches, ATMs, online and mobile channels.

According to Ganesh Ramamurthy, senior vice president (product development) at Oracle, the SuperCluster M7 microprocessor and SPARC T7 and M7 systems offer breakthrough technology for memory intrusion protection and encryption.

“Infosys’ latest Finacle results on SuperCluster M7 demonstrate the superior performance, efficiency and security capabilities of SPARC M7 with Oracle Database 12c and WebLogic Server 12c for critical banking functions,” he explained.

According to Sikka, their future strategy will not be completed without the help from Oracle and its diverse portfolio.

“We together are creating a sort of symbiosis. Infosys is emerging as a great change agent and we are collaborating with Oracle in innovations in java,” he said.

He also spoke about AiKiDo – a new offering that comprise three enhanced service offerings in knowledge-based IT (KBIT), platforms and design thinking.

Infosys has deployed a number of systems that replicate human decision-making in areas such as financial service regulation and ticketing of IT issues, thus enabling productivity improvements by up to 40 percent and saving customers millions of dollars annually.

In addition to this, Infosys is working with global clients to use artificial intelligence to address business challenges.

Infosys is utilising artificial intelligence techniques to solve complex engineering problems in design, testing, and certification of complex engineering products.

“I am optimistic that artificial intelligence techniques will help us solve next-generation problems, and that humans will play the most important part in this process,” Dr Sikka added.

Infosys has delivered nearly 30 projects for clients using artificial intelligence. Many of these first projects have been in manufacturing and financial services.

Infosys is currently developing solutions based on artificial intelligence to solve complex problems in the engineering space.

(Nishant Arora,IANS)

 

 

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Indian Railways to use artificial intelligence

Earlier, railways used a manual maintenance system

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Railways to use AI
Artificial Intelligence will also reduce the probability of delays and accidents to a great extent. Wikimedia Commons

New Delhi. November 21, 2017:

Aiming to reduce the possibilities of signals failing, Indian Railways has undertaken remote condition monitoring of the system, a new approach for the national transporter, to predict failures through the effective use of Artificial Intelligence.

The Signalling system is vital for safe train operations and the railways completely depend on the health of its signalling assets along with real-time information.

Currently, the railways follow a manual maintenance system and adopt find-and-fix methods rather than predict-and-prevent approach.

“Now, we are introducing remote condition monitoring using non-intrusive sensors for continuous online monitoring of signals, track circuits, axle counters and their sub-systems of interlocking, power supply systems including the voltage and current levels, relays, timers,” said a senior Railway Ministry official involved with the project.

The system entails the collection of inputs on a pre-determined interval and sending this to a central location.

As a result, any flaws or problems in the signalling system would be detected on a real-time basis and rectified to avoid possible delays and mishaps.

The failure of signals is one of the major reasons for train accidents and delays.

Currently, remote monitoring of signalling is operational in Britain.

The system envisages data transfer through a wireless medium (3G, 4G and high-speed mobile) and data based on these inputs will be utilised, with help of Artificial Intelligence (AI), for predictive and prescriptive Big Data analytics.

This will enable prediction of signalling asset failures, automated self-correction and informed decisions on intervention strategies, said the official.

The railways have decided that trial is taken up in two sections of Western Railway and South Western Railway at Ahmedabad-Vadodara and Bengaluru-Mysuru.

Depending on the feedback, the system would gradually be extended to other sections. (IANS)

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Stephen Hawking believes Technology could end Poverty and Disease, says Artificial Intelligence could be the Worst or Best things for Humanity

Hawking said everyone has a role to play in making sure that this generation and the next are fully engaged with the study of science at an early level to create “a better world for the whole human race.”

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Stephen Hawking
Cosmologist Stephen Hawking delivers a video message during the inauguration of Web Summit, Europe's biggest tech conference, in Lisbon, Portugal, Nov. 6, 2017. (VOA)

Lisbon, November 7, 2017 : Technology can hopefully reverse some of the harm caused to the planet by industrialization and help end disease and poverty, but artificial intelligence (AI) needs to be controlled, physicist Stephen Hawking said on Monday.

Hawking, a British cosmologist who was diagnosed with motor neuron disease aged 21, said technology could transform every aspect of life but cautioned that artificial intelligence poses new challenges.

He said artificial intelligence and robots are already threatening millions of jobs — but this new revolution could be used to help society and for the good of the world such as alleviating poverty and disease.

“The rise of AI could be the worst or the best thing that has happened for humanity,” Stephen Hawking said via telepresence at opening night of the 2017 Web Summit in Lisbon that is attended by about 60,000 people.

“We simply need to be aware of the dangers, identify them, employ the best possible practice and management and prepare for its consequences well in advance.”

Hawking’s comments come during an escalating debate about the pro and cons of artificial intelligence, a term used to describe machines with a computer code that learns as it goes.

ALSO READ Humanity’s days are numbered, Artificial Intelligence (AI) will cause mass extinction, warns Stephen Hawking

Silicon Valley entrepreneur Elon Musk, who is chief executive of electric car maker Tesla Inc and rocket company SpaceX, has warned that AI is a threat to humankind’s existence.

But Microsoft co-founder Bill Gates, in a rare interview recently, told the WSJ Magazine that there was nothing to panic about.

Stephen Hawking said everyone has a role to play in making sure that this generation and the next are fully engaged with the study of science at an early level to create “a better world for the whole human race.”

ALSO READ Indian Origin Scientist Part of the team that Developed Nanotechnology-based Test that quickly Detects Zika Virus

“We need to take learning beyond a theoretical discussion of how AI should be, and take action to make sure we plan for how it can be,” said Stephen Hawking, who communicates via a cheek muscle linked to a sensor and computerized voice system.

“You all have the potential to push the boundaries of what is accepted, or expected, and to think big. We stand on the threshold of a brave new world. It is an exciting — if precarious — place to be and you are the pioneers,” he said. (VOA)

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Humanity’s days are numbered, Artificial Intelligence (AI) will cause mass extinction, warns Stephen Hawking

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Scientist Stephen Hawking giving his views on the danger of Artificial Intelligence (AI)
Scientist Stephen Hawking giving his views on the danger of Artificial Intelligence (AI)

London, Nov 3: Earth is becoming too small and humanity is bound to self-destruct, with Artificial Intelligence (AI) replacing us as the dominant being on the planet, according to scientist Stephen Hawking.

Professor Hawking says that our time on Earth is numbered after we passed the point of “no return”.

The theoretical physicist says that developments in AI have been so great that the machines will one day be more dominant than human beings, express.co.uk reported.

He told Wired Magazine: “I fear that Artificial Intelligence (AI) may replace humans altogether. If people design computer viruses, someone will design AI that improves and replicates itself.

“This will be a new form of life that outperforms humans.”

Hawking, 75, said that humans need to leave Earth if we are to continue as a species.

He said a new space programme should be humanity’s top priority “with a view to eventually colonising suitable planets for human habitation”.

This will allow us to leave Earth and colonise another planet to ensure our survival, otherwise there will be “serious consequences”.

Professor Hawking added: “I believe we have reached the point of no return. Our earth is becoming too small for us, global population is increasing at an alarming rate and we are in danger of self-destructing.”

Last year, at the opening of Cambridge University’s artificial intelligence centre, Professor Hawking said that AI could either be the best or worst invention humanity has ever made.

“This will be a new form of life that outperforms humans.”

“The potential benefits of creating intelligence are huge. We cannot predict what we might achieve, when our own minds are amplified by Artificial Intelligence (AI).

“Perhaps with the tools of this new technological revolution, we will be able to undo some of the damage done to the natural world by the last one – industrialisation.

“And surely we will aim to finally eradicate disease and poverty. Every aspect of our lives will be transformed, In short, success in creating AI, could be the biggest event in the history of our civilisation.

“But it could also be the last, unless we learn how to avoid the risks. Alongside the benefits, AI will also bring dangers, like powerful autonomous weapons, or new ways for the few to oppress the many.” (IANS)