Over three quarters of executives from around the world believe that they would like to incorporate AI into their business practices over the next three years; but now there is no reason to wait as technology is already transforming every aspect of the way an organization operates.
The world’s total data volume is growing exponentially every minute, with sizeable data pouring in from banking, insurance and telecom giants, as also from healthcare and automobile sectors, with others following close.
According to the research, the biggest challenge that stands in the way of this adoption is disjointed technology & systems within retail enterprises.
Most IoT devices lack the computational power to carry out the level of machine learning necessary in truly smart IoT deployments, but they can act on the lessons machine learning provides.
The hackathon will be a platform for driven individuals and teams to collaborate and produce ideas, solutions and prototypes to solve some of the most pressing issues impacting urban mobility in the country.