ARTIFICIAL intelligence (AI) in Malaysia is progressing by huge strides. The recent announcement of the first AI fund in Malaysia by Kenanga Investors, as well as Al Rajhi Bank's initiative to use AI to boost their anti-money laundering (AML) efforts, as just some examples of the immediate benefits that AI already has in the business world.Source: Digital News Asia
The company has roped in Ayush Sharma from Silicon Valley on board as senior vice president of engineering and technology which will drive the business around IoT.Source: Trak
Gartner predicts that the number of IoT devices will surpass 11.2 billion this year, the majority of which are in the consumer sector. The same report forecasts that the endpoint spending will exceed $2 trillion, in hardware and software combined.Source: iotevolutionworld
Industrial Internet of Things needs scalability and flexibility so the future of IIoT needs both fog and edge computing because differentiating between these two technologies can be a challenge for enterprise and industrial companies. These two terminologies are often used interchangeably as they both involve pushing intelligence and processing capabilities.Source: HOB
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