New technologies are turning the world upside down – small businesses can win

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Bappy11
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New technologies are turning the world upside down – small businesses can win

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According to Sebastian Thrun, AI even leads to "(...) a democratization for small businesses. AI is accessible to everyone and, thanks to the cloud, you can start with a small investment. Many small businesses can benefit from the technology, such as lawyers."

Charging electric vehicles with blockchain, using intelligent lighting in greenhouses and many other innovations
On a tour through the exhibition area, innovative products that use these new technologies were presented or demonstrated.

Reply Xchange 2018 - Robotics, artificial intelligence and star guest Sebastian Thrun
exhibition area BMW Welt Munich

Many of the innovations came from the Internet of Things and AI and were impressive.

The HiConnect Smart Appliance Platform develops a wine cooler app. The app communicates with a wine cabinet. It recognizes which wines are in it and automatically cools them to the right temperature. The app also suggests suitable recipes for the wines to the user. If you have a smart oven or refrigerator in the house, the app even sends the right settings for time and temperature to the oven or triggers an order if the required ingredients are not in the refrigerator.

Electric vehicles can be charged via the blockchain using an app. With the help of an open blockchain platform, various providers can sell their electricity to customers using smart contracts - without a central payment provider. The payment can be initiated automatically based on the start and end time of the charging process and the number of watts.

Tag Sensor is the first printable temperature sensor, the size of a sticker, that can be attached to any product qatar telegram data or packaging. It measures the temperature of the product. By scanning the sticker when the goods arrive, the temperature can be checked at any time during transport.

Lightelligence enables the intelligent control of light using Internet of Things sensors, which automatically detects, for example, which light is best for plant growth in a greenhouse.

AI is certainly not a new topic, research into artificial intelligence has been going on for a long time. However, the topics are coming to the fore in 2018 as the implementation of the technologies becomes a reality for companies and private individuals.

The trend is not reserved for large companies, but is effective for companies of all sizes. The cloud makes new technologies accessible to everyone. Even small investments are worthwhile and the payback times are very short. For a company with 50,000 employees, the decision-making process and the time between decision and implementation is long. Startups with just 5 employees can use the technologies immediately. Studies show that companies that use RPA are very satisfied with the positive effects such as time and cost savings and increased efficiency. In the presentations, companies like Telefónica talk about their positive impressions of increased customer satisfaction with the help of AI.

Company size is no longer the decisive metric. It's about innovation, about daring to do something new and trying something new.

“The new technologies are turning the world upside down. The question is no longer whether big or small, but brave or not brave.” – Dr. Thomas Hartmann
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