Tag: artificial intelligence

If Banks Don’t Partner With Startups, They WILL Be Left Behind

Once a year, the board members of the Federal Home Loan Bank get together to talk about how their member banks are performing and ways to improve these businesses. For quite some time, they have been aware of the radical changes technology companies are starting to bring to the banking industry. The fintech sector has received a lot of attention and investment over the last few years, and board members wanted to learn more about what specifically these startups are doing. They asked Silicon Valley Innovation Center to design a custom Silicon Valley immersion program to get insights on the ... Read more

Learn How To Disrupt Your Own Business

If your company is looking for options that can lead to explosive growth and a tighter team culture, taking part in a Silicon Valley immersive innovation program is a great way to uncover synergies and brainstorm growth opportunities. This is what the International Vitamin Corporation has decided to do. IVC has grown through a strategy of acquiring market share. And after making two successful acquisitions, the company now has production facilities in China, the US, and the UK, as they wanted to unlock additional growth. However, the leadership of IVC realized that developing their own cultural innovation strategy could be ... Read more

Google’s Artificial Intelligence Just Made Computers More Human

  In this era of Fourth Industrial Revolution we all know the world is changing at a pace we never imagined. Self driving cars and humanoids are no longer science fiction. In fact, Silicon Valley startups like CloudMinds have a vision, that by 2025 helpful humanoid robots will be affordable for the average household. When it comes to intelligence, the benchmarks are human beings. However with the advent of AI based technologies, more and more innovations are being made to replicate or surpass human-like intelligence. Here is an article on the latest feat by Google’s DeepMinds – computers that can ... Read more

The Fourth Industrial Revolution Is Here. Is Your Business Ready?

  By Andy Zhulenev This is the first part of the SVIC original series to discover the technology breakthroughs that go beyond automation of manufacturing and digitization of information. The global economy is undergoing massive disruption. This “Fourth Industrial Revolution” brings us a world of cyber-physical systems, characterized by the merging of physical, digital, and biological realms in profound ways. Artificial intelligence (AI) serves as the primary catalyst of this transformation. Thus, companies need a deep understanding of technological trends. And any organization that aims to succeed in this new era of continuously accelerating change will need to significantly adjust ... Read more

How To Turn AI Into Business Value: 5 Takeaways

2016 saw Artificial Intelligence (AI) technology transforming industries, reinventing business processes and reimagining business models. We’ve seen major advancements in driverless technology, voice recognition, and deep learning. However, its application is still a grey area for many businesses. On April 27th, 2017, Silicon Valley Innovation Center (SVIC) hosted an AI Executive Briefing, a first in their Executive Briefing Series, in San Mateo, California. The focus of this event was on Turning Artificial Intelligence Into Business Value This full day event featured presentations from CEOs and CTOs of top 20 disruptive startups and innovative companies in Artificial Intelligence technology who briefed ... Read more

Silicon Valley Innovation Center Announces AI Executive Briefing

As Artificial Intelligence (AI) technology transforms industries, reinvents business processes and forces business models to be reimagined, executives who would like to understand the commercial implications and practical applications of AI are invited to attend the latest executive briefing from the Silicon Valley Innovation Center (SVIC). The one day briefing will give delegates the cutting-edge insights they need to prepare for AI and stay ahead of the pack when it comes to identifying and reacting to current and upcoming trends.  With a roster of AI leaders, innovators and experts among the keynote speaker line up as well as almost two ... Read more

HOW ARTIFICIAL INTELLIGENCE IMPACTS THE FINANCE INDUSTRY: OPPORTUNITY OR THREAT?

The good, the bad, and the quickly adaptable/predictive algorithms: From “I, Robot” to iFinance Short answer (but you will want to keep on reading): both. Artificial intelligence (AI) is no longer science fiction with thrilling tales of robots taking over the world; it is real, current, practical science. Artificial intelligence has already surrounded us in many facets of our day-to-day life. For example, predictive text, or voice recognition such as when you use Siri or Google are commonplace examples of AI usage among laypeople. Technology driven industries are the ones most likely to try and exploit AI to its fullest ... Read more

HOW ARTIFICIAL INTELLIGENCE COULD SOLVE THE BIGGEST PROBLEM IN EDUCATION AND MORE NEWS

A weekly wrap-up from Silicon Valley on what’s making the news in higher education, EdTech, and disruptive trends Here’s How Artificial Intelligence Could Solve the Biggest Problem in Education What it is: Online education has a problem: Of the hordes of students that sign up for massive open online classes (MOOCs), an average of less than 7% finish. AI researcher at Georgia Tech, Ashok Goel thinks artificial intelligence can change that. Goel told Tech Insider one of the reasons students do not finish is because MOOcs do not provide teaching assistants. If students have simple questions like ‘How do I download this material?”, there is no ... Read more