LIRC@SFIT

Mark Hurd used the firm's EMEA conference to make predictions around the union between disruptive tech such as AI and the cloud Artificial intelligence will be seamlessly integrated into all cloud apps by 2025 rather than being introduced as an afterthought, according to Oracle CEO Mark Hurd. During the same time frame, as the world of business shifts further towards this increased use of AI and automation, there will be mass job creation rather than annihilation. Indeed, claims Hurd, some 60% of the IT jobs that will be required come 2025 don't actually exist today. "The reality is cloud adoption is moving faster than predicted. Cloud is not just a technology. Cloud is a strategy, cloud is a business model," Hurd told delegates in attendance at the firm's Oracle OpenWorld event in London. What's more, AI and robots will need to be managed and monitored in a way not too dissimilar to current, human employee/employer relationships. "There will be a superv...

Opening the platform up means developers and AI experts to develop cross-device AI tools AWS has released its Neo-AI code as an open source project, encouraging developers and other AI experts to contribute to the platform. The company explained that usually, ensuring a machine learning model works across a variety of hardware platforms (especially those running on edge networks) is difficult because there are so many factors and limitations to consider. Even in less complicated devices, there are so many software variations that it can be tricky to make sure machine learning works across all of them. As a result, manufacturers and vendors are being limited by which companies they can work with to provide machine learning tools they require. With AWS’s Neo-AI, machine learning models are automatically optimised for use TensorFlow, MXNet, PyTorch, ONNX, and XGBoost models, converting them into common formats to work on a wider variety of devices. The models can be run at a fa...

India's Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally in 2018-19, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- clinched spots in the top-10 global tally. Valued at $26.3 billion, Accenture took the title of the world's most-valued IT services brand. The tag was previously held by IBM, which now occupied the second place with a brand value of $20.4 billion, according to the report. "Holding steady in third place is India's largest IT services conglomerate, TCS, up 23% to $12.8 billion, with a value bolstered by the brand's disciplined focus on the market's increased demand for digital services," it added. Brand Finance said TCS is also the first Indian IT services brand to achieve success in the Japanese market and has positioned itself as a leader in providing a superior all-round customer experience, leverag...