Intelligent digital assistants are software programs that leverage natural language processing and machine learning to interpret user commands, answer questions, make recommendations and operate connected devices hands-free to assist in tasks and decision-making.Leading examples include virtual assistants like Amazon’s Alexa, Apple’s Siri and Google Assistant...
Reinsurance is a specialized type of insurance that insurance companies purchase to mitigate risk in their business operations. Essentially, reinsurance allows insurance companies to transfer a portion of their policy risks to another insurer – the reinsurer. The purpose of reinsurance is to diversify risk...
Smart factories are fully-integrated manufacturing environments enabled by interconnect industrial internet of things (IIoT) devices, artificial intelligence, extensive data analytics, and automated processes to optimize productivity, quality, operations and supply chain management. They are seen by some as the pinnacle of the fourth industrial revolution...
Connected cars are vehicles that use internet connectivity to enhance the driving experience. Connected car technology turns an automobile into a Wi-Fi hotspot, equipping it with online access, mobility services, and smart features through continuous data transmission. As with many internet of things (IoT) devices...
Gene therapy is an experimental technique that aims to treat or prevent disease by altering the genetic makeup of cells. The basic premise involves introducing genetic material into a patient's cells and tissues to elicit a therapeutic effect. Scientists have been studying gene therapy for...
Clean technology - often shortened to cleantech - encompasses instruments, supplies and processes developed to conserve natural resources and minimize environmental harm. It today focuses primarily on sustainable energy creation and storage as well as water purification, management and efficiency to pursue environmentally responsible economic...
