April 2017 Archive
April 17, 2017
How Germany’s Otto uses artificial intelligence (Economist)
Otto uses a deep-learning algorithm, which was originally designed for particle-physics experiments at the CERN laboratory in Geneva. It analyses around 3bn past transactions and 200 variables (such as past sales, searches on Otto’s site and weather information) to predict what customers will buy a week before they order.
The top technologies respondents say can be a source of either disruption or competitive advantage are:
Robotics and automation (61%, up from 39% in 2015)
Predictive analytics (57%, up from 38% in 2015)
IoT (55%, new category in 2017)
Sensors and automatic identification (53%, up from 42% in 2015)
Driverless vehicles and drones (54%, up from 30% in 2015)
April 7, 2017
Automated Truck Firm Raises $60 Million (WSJ)
Peloton gets second round of funding for its ‘platooning’ technology for commercial fleets. Peloton’s system allows two trucks traveling front-to-back to be controlled by a driver in the front vehicle. Trailing the lead vehicle by as little as 30 feet, the second truck uses about 10% less fuel because of reduced wind resistance from the lead truck.