Putting Environment Social and Governance (ESG) criteria in corporate strategies has been the most essential element of creating sustainable companies that care about society and can make progress financially. However, the size and the thoroughness of ESG measures have been in existence which is a core factor limiting in the development of the execution of […]

Google is learned to be making a significant investment of nearly $350 million in Indian e-commerce company Flipkart, which is owned by Walmart. The investment marks growing involvement of the search giant in the Indian market. The investment is part of a larger funding round. Flipkart secured nearly $1 billion in 2023. Meanwhile, Flipkart is […]

The home decor industry is reshaping at a faster pace and startup Vaaree is shouldering responsibility to some extent. It has lately raised Rs 20.78 crore ($2.5 million) in a pre-Series A funding round led by Capier Investments for the purpose. The other investor was Peak XV’s Surge Ventures. Vaaree was founded by Garima Luthra, […]

This is an era of innovation and technology. The beauty industry stands at the cusp of a transformation. L’Oreal has recognized the potential of startups that can drive change in the segment. It has launched the Big Bang Beauty Tech Innovation Program in South Asia Pacific, Middle East and North Africa (SAPMENA) regions. India is […]

United States-based startup BrainBridge has announced developing world’s first head transplant system. It specializes in neuroscience and biomedical engineering. However, its claim has left many stunned. BrainBridge website reveals that their new system is a groundbreaking device and can have landmark achievement in the fields of neuroscience, human engineering and artificial intelligence. The startup has […]

The landscape of data and analytics is evolving at a rapid pace. New trends like generative AI and the rise of citizen analysts are tough to keep up. Microsoft Fabric wants to simplify it. It has stepped in with its AI-powered data analytics platform. It is designed to integrate new capabilities to keep the data […]

This is an era where technology is reshaping industries. The fitness sector is no exception. The recent $3 million funding round secured by AI-powered fitness startup Portl marks a significant milestone in the ongoing transformation. The funding was led by Bharat Innovation Fund. The other supporters included existing investor Kalaari Capital and new investor T-Hub […]

Did you know that more than 46% of cyberattacks are directed at companies with fewer than 1000 employees? In such a grim scenario, it is important to ensure that you have the right cybersecurity measures to achieve maximum efficacy. However, for cybersecurity for small businesses, there are small things you can do on a budget. In most […]

The post Cybersecurity For Small Businesses On A Budget appeared first on The Encrypt – Tech News & Updates.

In the ever-evolving landscape of technology, the term “Artificial Intelligence” (AI) has become ubiquitous, often sparking discussions and debates about its true nature and potential. Regardless of the label — whether it’s AI, Artificial Intelligence, Deep Learning, Machine Learning (ML), or automation — these technologies are essentially a collection of algorithms that have the remarkable capability to extract valuable information from diverse data sources.

AI is a collection of algorithms that can extract valuable information from diverse data sources.

Imagine turning raw data, such as images, videos, sound recordings, sensor readings, documents, verbal inputs, emails, and more, into meaningful insights. These insights could range from identifying faulty elements in pictures, detecting scratches on surfaces, counting items in a container, diagnosing equipment issues from sound patterns, predicting maintenance needs based on sensor data, and recommending optimal energy-saving settings based on various factors. The possibilities are endless, and AI enables us to harness the full potential of data in various domains.

Once data is transformed into information, the next step is defining the scenario, which determines the action to be taken. This action could involve automation, where AI analyzes and processes data to streamline workflows, expedite processes, or enhance safety measures. Alternatively, AI can complement human efforts by providing insights, alerts, or recommendations to optimize performance, mitigate risks, or improve decision-making.

One remarkable application of AI lies in its ability to analyze complex simulations, such as those utilized in Computational Fluid Dynamics (CFD), chemical, or physical simulations. Instead of executing simulations step by step, AI can predict outcomes iteratively, accelerating the process and minimizing computational resources. By leveraging historical data from past simulations, AI learns and refines its predictions over time, unlocking new efficiencies and insights.

However, AI’s impact extends beyond simulation acceleration. It can also revolutionize the entire simulation process by assisting in preparation, configuration optimization, and result analysis. By analyzing past simulations and learning from them, AI can guide engineers in prioritizing simulations, reducing trial and error, and optimizing parameters. This holistic approach enhances efficiency and effectiveness across the simulation lifecycle.

AI can guide engineers in prioritizing simulations, reducing trial and error, and optimizing parameters.

While it makes sense and is usually economically justified (despite overhead related to AI training) to AI-accelerate relatively small, steady-state simulations with predictable parameters, larger, more complex simulations involving tens or hundreds of millions of cells, transient conditions, or frequently changing geometries create a different landscape for AI.

To justify the cost of AI training, we need to go beyond single-simulation acceleration. Again, by leveraging historical data and learning from past simulations, AI can predict outcomes but what is more important, it can also suggest optimal configurations, and streamline the entire simulation workflow. Whether it’s analyzing inputs, assessing outcomes, optimizing parameters, or providing insights, AI serves as a powerful ally in navigating the complexities of CFD simulations.

Through harnessing the power of IoT-generated data, AI becomes a predictive force, foreseeing maintenance needs, uncovering error origins, and recommending energy-saving strategies, fostering efficiency and sustainability across diverse infrastructures.

The synergy between CFD Suite and Data Insights within the energy sector illustrates the transformative potential of AI, mathematics, and creativity. While cameras capture visual data and IoT devices provide real-time inputs and forecasts, the complexity of integrating these streams is immense. Yet, this complexity serves as fertile ground for human creativity. CFD Suite’s AI algorithms, adept at deciphering complex data structures, seamlessly adapt to the influx of information from industrial sensors and user inputs.

By synthesizing this data, CFD Suite becomes the central nervous system of modern infrastructure, capable of optimizing energy consumption and reducing waste across a spectrum of environments, from city-wide heating systems to individual appliances. This integration of CFD Suite and Data Insights heralds a new era of predictive maintenance and sustainable energy practices, underpinned by the boundless possibilities of AI-driven innovation.

In other words, imagine CFD Suite as the brain and Data Insights as the eyes and ears of the energy sector. Like a superhero duo, they work together to make everything smarter and more efficient. CFD Suite’s brainy algorithms can understand complex data, just like solving a puzzle. Meanwhile, Data Insights gathers information from cameras, sensors, and forecasts, like eyes and ears seeing and hearing what’s happening in real-time. When they team up, they can optimize energy use and reduce waste across cities and buildings. It’s like having a super-powered brain and senses working together to make our world greener, more sustainable, and reduce waste.

One common thread across all our AI products is Edge AI — deploying AI locally to process data and generate insights. This approach ensures real-time responsiveness, data privacy, and autonomy, empowering organizations to harness AI’s potential at the edge.

In conclusion, AI is not merely a buzzword; it’s a transformative force shaping the future of industries. While integrating AI into workflows may not be as straightforward as installing office software, the benefits are undeniable. As AI continues to evolve and mature, its applications will only become more diverse and impactful. If you’re interested in exploring AI solutions or have innovative ideas to share, don’t hesitate to reach out. The possibilities are limitless, and together, we can unlock the full potential of AI.

---

Unlocking the Power of AI: Transforming Data into Actionable Insights was originally published in Becoming Human: Artificial Intelligence Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.

Jaipur farmer Manish Prahlad experienced a devastating loss in 2019. His nine buffaloes suddenly died and the cause remained unknown despite seeking help from a local veterinarian. The incidence left him heartbroken and without his valuable livestock. He recognized the issue of inadequate veterinary care for farmers is widespread. Manish was thereafter determined to improve […]