Whitepaper: Solutions to Cut Costs and Improve Productivity in Logistics

Introduction In 2017, the logistics industry reached $1,171B. This is as much as today’s Indonesia’s and twice as much as Belgium’s GDPs. Additionally, logistics is expected to grow to $1,374B by 2023. Despite intensive development, transportation and logistics (T&L) continue to have low digitization. Only 28% of companies have rated themselves as “advanced” in this […]

May 2, 2019

Whitepaper: Image Recognition to Enhance Warehouse Challenges

Introduction Against the background of ubiquitous automation, some warehouse domains remain only slightly automated. This leads to errors and inefficiencies in warehouse management. This whitepaper focuses on realms that can be enhanced with image recognition. So far, automated systems can distinguish a pattern of loaded packages and send alerts about potential problems. If you’d like […]

March 29, 2019

How Artificial Intelligence, Machine Learning, and Big Data Will Shape Retailing Forever

So far, almost half of all retailers have noticed that artificial intelligence (AI) and machine learning save costs in retailing. In addition, PointSource has detected that the presence of AI leads half of the consumers to make more frequent purchases and 34% of them are ready to spend more money. Gartner predicts that by 2020, […]

January 23, 2019

What is the Impact of Big Data on Logistics and Supply Chain

Disruption and uncertainty. This is how PwC described ever-changing customer behavior. Today, B2B companies demand quicker shipments with more cost efficiency and visibility, while B2C customers show persistence in going digital. What is the outcome? Retailers and supply chain players are jumping on the tech bandwagon to keep afloat.   E-commerce giants like Amazon and […]

September 19, 2018

Artificial Intelligence in Healthcare: The Revolution Is Here

Artificial intelligence and machine learning are widely adopted across outsourcing companies like Innovecs, logistics, aviation and many other industries. Multiple market predictions prove it is really so. Thus, International Data Corporation (IDC) claims that the AI global spending will increase to 54,2% reaching $19.1 billion in 2018. The funding of artificial intelligence in healthcare has […]

April 30, 2018

Machine Learning in the Supply Chain: The Integrity and Transparency of Marketing Research

Supply Chain is a complex of technologies, processes, and resources (human, time and space) whose purpose is to introduce a certain product into the market. The development of artificial intelligence software can significantly aid the processes of gathering, sorting, and analyzing the data required for marketing research to take place. Being fundamental to the concept […]

February 16, 2018

In the land of the phone, Big Data’s bigger than big and Artificial Intelligence is real

In America alone, people are looking at their mobile devices more than 9 billion times a day – up 13 percent from last year, according to Deliotte. Telecom companies can make mammoth business gains with Big Data and Artificial Intelligence — if they can harness and use Big Data expertise and machine learning expertise. Now […]

September 21, 2017

The Architecture of Neural Networks

A lot of success in deep neural networks and Deep Learning lays in the meticulous design of the neural network architecture software development. Below you can see the top-1 one crop precision in proportion to the quantity of operations needed for one forward pass in numerous popular neural network architectures. In 1994, the first complex […]

July 29, 2017

Innovecs Digest, July 21st: Hyperledger Release, AI captures pharma interest, Machine Learning systems in Intuit’s products

Innovecs digest is your key source of the latest IT news which is being discussed in the professional community. Keep in touch with the trends and get to know the up-to-date, exciting information to keep up with the fast pace of change in the digital world. Analyzing GitHub, How Developers Change Programming Languages Over Time […]

July 21, 2017

Infographics: “State of Artificial Intelligence (AI) for Enterprise in 2017”

Introduction Technology applied in the proper way can arouse pure astonishment. Artificial Intelligence is an example of how business can be revolutionized by extensive technical development. Innovecs conducted a great deal of research to gather all the information about AI advancements available at different sources in 2017. The visualization of the results can be accessed […]

May 8, 2017