Author: Connected World
As technology continues to evolve, so will the way construction professionals build our homes, buildings, cities, and infrastructure, brick by brick. Robotics are set to reimagine how contractors build both on-site and off-site. Let’s look at how AI (artificial intelligence) is powering autonomous construction robots to do work on jobsites across Europe. As one example, Monumental was founded in 2021 by CEO Salar al Khafaji and CTO Sebastiaan Visser. Together, they have brought together artificial intelligence, autonomous technology, and low-cost hardware to develop robots that are capable of working on-site. Earlier this year, the company raised $25 million to scale…
Forrester predicts European retail sales will reach €2.7 trillion by 2028.
Berg Insight says private LTE 5G network deployments reached 2,900 at the end of 2023.
IDC forecasts worldwide sovereign cloud spending will reach more than $250 billion in 2027.
Gartner says 39% of organizations currently use AI in the finance function.
ABI Research says surging EV adoption will drive public EV charging revenue to reach $164 billion by 2035.
Automotive shipping could use a resurgence with AI (artificial intelligence). Consider this: What if a system could autonomously manage 85% of shipping orders, minimizing the need for manual intervention? One company aims to do this with AI. As one example, RunBuggy has launched RunBot, which is an AI system that integrates into RunBuggy’s transportation management platform. The company says this acts as the central nervous system for orchestrating the complexities of the automotive shipping process. Here is how it works: RunBot uses machine learning models to prioritize operational tasks, predict delivery challenges, and offer insights. The predictive capabilities ensure logistical…
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IDC predicts the Gen AI powered skills development will produce $1 trillion in productivity gains by 2026.