17 mai 2019

Artificial Intelligence in Insurance – Three Trends That Matter

Artificial Intelligence in Insurance – Three Trends That Matter Artificial intelligence is likely to affect the entire landscape of insurance as we know it. Change is here, more is coming. Today, the insurance market is dominated by massive national brands and legacy product lines that haven’t substantially evolved in decades. This kind of stagnations has historically suggested that it is an industry ripe to be disrupted- see the transportation industry and the raise of ride-share applications.  Insurance is an industry... [Lire la suite]
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16 mai 2019

Artificial Intelligence In Automotive Industry: Surprisingly Slow Uptake And Missed Opportunities

Artificial Intelligence In Automotive Industry: Surprisingly Slow Uptake And Missed Opportunities The automotive industry is one of the most high-tech industries in the world – so a headline finding in a report published this week was, on the face of it, somewhat surprising. Capgemini’s report – Accelerating Automotive’s AI Transformation – found that during 2018, the number of companies in the industry deploying AI “at scale” grew only marginally by 3%. This reflected that just 10% of respondents surveyed said that their... [Lire la suite]
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24 avril 2019

AI in Auto Insurance – Current Applications

AI in Auto Insurance – Current Applications KPMG estimated the size of the automotive insurance is expected to shrink by 70% due to the rise in demand for autonomous cars and the shift in liability then being placed on the car manufacturer. With the rise of AI in most sectors, it follows that AI would find its way into the automotive insurance world. AI may allow car insurance companies to keep up with an evolving consumer base that is looking for faster service, faster payouts, and policy prices... [Lire la suite]
23 avril 2019

The road to artificial intelligence in mobility—smart moves required

The road to artificial intelligence in mobility—smart moves required Artificial intelligence (AI) is the word on everyone’s lips. But in the automotive industry today, many products and services being labeled as such are in fact reliant on a form of advanced analytics (evolving from conventional algorithms) that enables those features—for example, predictive maintenance in manufacturing. Theories of AI have existed since 1950. However, AI itself gained wider functional applicability only in the past few decades, with the rise... [Lire la suite]
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02 avril 2019

CEO OF NEXYAD WAS A SPEAKER AT THE PARIS CHALLENGEr STARTUP & INNOVATION SUMMIT ON AI (ARTIFICIAL INTELLIGENCE)

CEO OF NEXYAD WAS A SPEAKER AT THE PARIS CHALLENGEr STARTUP & INNOVATION SUMMIT ON AI (ARTIFICIAL INTELLIGENCE) NEXYAD was pleased to participate to this summit on Artificial Intelligence. We could explain how our Artificial Intelligence -based software component SafetyNex is now Embedded in many products worldwide and how it transforms industry (aftermarket for telematics - fleets & insurance -, new vehicles - cockpit and AD systems ). We also explained how such a module, via a reward system, can be used by B2C mass market... [Lire la suite]
30 mars 2019

Artificial intelligence as auto companies’ new engine of value

Artificial intelligence as auto companies’ new engine of value What opportunities does AI open up for mobility, and how can OEMs capture them in the short and long run? For more than two years now, the automotive industry has been talking about four disruptive and mutually reinforcing major trends—autonomous driving, connectivity, electrification, and shared mobility. These trends are expected to fuel growth within the market for mobility, change the rules of the mobility sector, and lead to a shift from traditional to... [Lire la suite]

09 mars 2019

Artificial Intelligence in Insurance – Three Trends That Matter

Artificial Intelligence in Insurance – Three Trends That Matter Change is here, more is coming. The insurance market is dominated by massive national brands and legacy product lines that haven’t substantially evolved in decades. Sound familiar? People are already placing bets. Insurance is an industry that venture capitalists consider so ripe for disruption that the founders of Lemonade, a New York-based insurtech company, raised one of the largest seed rounds in history simply by talking. It’s not just the venture... [Lire la suite]
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03 mars 2019

Fleets using artificial intelligence to accelerate safety, efficiency

Fleets using artificial intelligence to accelerate safety, efficiency “Artificial intelligence” (AI) may evoke fears of robots writing their own software code and not taking orders from humans. The real AI, at least in present form, is delivering results in the business world. Technology companies are using powerful computers and advanced statistical models to accelerate their product development. Most are not calling these efforts AI but rather machine learning. As a form of AI, machine learning is making it possible to quickly... [Lire la suite]
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25 février 2019

ARTIFICIAL INTELLIGENCE AND AUTOMOTIVE FLEET SECURITY GO HAND-IN-HAND

ARTIFICIAL INTELLIGENCE AND AUTOMOTIVE FLEET SECURITY GO HAND-IN-HAND How machine learning is an effective tool for fleet security and deep insights One of the most common buzzwords in the technology industry today is AI, or Artificial Intelligence. While Artificial Intelligence will certainly change major parts of our lives, and some experts even go as far as to claim it will soon replace humans, few really understand the true meaning of the term, and how it can be used it to improve the way we live and do business.   ... [Lire la suite]
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06 février 2019

Uber to set up its own artificial intelligence lab

Uber to set up its own artificial intelligence lab Uber has aquired a machine learning company and set up a new division dedicated to research in AI.  Uber AI Labs will be based in San Francisco and its initial core will be formed ofthe team of 15 from recently acquired Geometric Intelligence, an AI research startup.  Machine learning will be central to Uber's mission of using tech to "negotiate the real world", the company said.  "It manifests in myriad ways, from determining an optimal route... [Lire la suite]