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December 13, 2024
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AI

NEWS DESK

Day 2 of Knowledge Summit 2024 discusses AI’s takeover, forecasts AI to constitute 90% of global digital content

The second day of the ninth edition of the Knowledge Summit, organized by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) and the United Nations Development Programme (UNDP), offered a diverse range of insightful sessions focused on AI applications and their practical implementation in personal and professional contexts. During a session titled ‘Redefining
NEWS DESK

Knowledge Summit 2024 explores impact of AI and quantum computing on future employment opportunities

The sessions of the first day of the Knowledge Summit 2024 discussed inspiring ideas and visions about the future of artificial intelligence and its major impact on various aspects of life, the importance of harnessing technology to serve humanity, and the integration of the advantages of human thinking with the capabilities of artificial intelligence, so […]
NEWS DESK

IFS Ultimo accelerates troubleshooting and slashes mean time to repair through AI integration

Enterprise Asset Management (EAM) software provider IFS Ultimo has integrated AI functionality into its next-generation EAM platform to enhance troubleshooting, and enable organizations to reduce the mean time to repair (M5TTR) of their assets. By leveraging AI, EAM toolsets will be more intuitive, accessible and predictive, therefore driving unprecedented efficiency and
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Hitachi Energy advances predictability of energy investments forecasting with new AI-powered solution

Hitachi Energy has launched a new artificial intelligence (AI)-powered energy forecasting solution, Nostradamus AI. Developed using Hitachi Energy’s deep energy industry expertise, Nostradamus AI leverages the company’s 30 years of the most extensive energy market data to provide utilities, power system operators, energy producers, and traders with highly precise forecasts
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Turning the page on the industry’s future, innovation and AI are under the spotlight at Paperworld Middle East

Innovation has been a key topic of discussion at Paperworld Middle East and Gifts and Lifestyle Middle East as experts gather at the industry discussion platform, the Hub Forum, to discuss the trends shaping the future of the paper and gifting industries. Highlights from yesterday include a fascinating session on ‘AI for Marketing’ by Julian […]
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IFS Releases Next-Gen, AI-Driven Product Enhancements to Help Oil & Gas Organizations Unlock New Efficiency and Sustainability Gains

IFS, the leading provider of enterprise cloud and Industrial AI software, has announced three product enhancements set to reimagine the way upstream operators do business. The new updates leverage the power of IFS.ai to drive new back-office efficiencies and new leasing capabilities help streamline operations and processes for clean energy projects.  First, IFS Energy
Travel

AI’s transformational role in tourism spotlighted

At UN Tourism Ministers Summit Integrating Artificial Intelligence (AI) into the tourism industry took centre stage at the World Travel Market Ministers Summit, where leaders from both the public and private sectors gathered to explore AI’s role and potential to reshape the industry. Held on November 7, 2024, in collaboration with UN Tourism and the […]
NEWS DESK

Riverbed Survey: While Financial Services Are Ahead of the AI Curve, Data Concerns and Gaps Are Impacting AI’s Full Potential

Riverbed, the leader in AI Observability, announced the Financial Services results of the Riverbed Global AI & Digital Experience Survey. The survey found that organizations in the financial sector are mostly forward-thinking with their attitudes towards AI technology, and 94% of business and IT decision makers agree that AI will help them deliver a better […]