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By 2025, global AI market to reach $380 billion :Huawei
Shanghai, Oct 11 (IANS) By 2025, the global Artificial Intelligence (AI) market is expected to reach $380 billion, 90 per cent of which will come from the enterprise market, a Huawei official said here.
“Naturally, we believe that industry applications will be key to the success of AI over the next decade,” William Xu, Director of the Board and Chief Strategy Marketing Officer, said in his keynote address on the second day of the Huawei Connect 2018.
He said that Huawei plans to support one million AI developers and partners over three years.
“Helping industries go digital is not something that any company can do on its own. To effectively go digital, industries and industry organizations need to work together,” he said.
Elaborating the company’s strategy, Xu said that Huawei led the establishment of a platform that helps bring together industry organisations from across the globe.
“This GIO platform aims to facilitate communication and collaboration between industry organisations, with the ultimate goal of collectively helping industries go digital faster.
“Huawei’s vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world,” he said.
Xu said that by creating a synergy between platforms, AI, and the ecosystem, “we are doing what we can to speed up the arrival of the intelligent world”.
Stressing the use of power of technology and relying on one’s own actions, he said that industry insight will help make many breakthroughs in AI industry.
“Human expertise and experience are invaluable, and we should translate these into AI skills,” he said, adding that while creating value, AI systems generate additional data that can be used to train them and make them smarter.
Huawei is incorporating AI with more and more of its products and solutions, he said, describing how the company is using AI in airports.
“By adopting AI and modernizing its infrastructure, the Shenzhen Bao’an International Airport every day, with more than 120,000 passengers travelling through, no longer needs to use Gantt charts to manually arrange flight schedules.
“AI automates this process. Now, about 80 per cent flights use jet bridges instead of remote staircases. In this project, we also used facial recognition technology for more smooth customs clearance. This has reduced passenger wait times by 15 per cent,” he said.
Currently, there are over 1,000 flight departures and arrivals at the Shenzhen airport.
Giving other example that combines AI with the transportation industry, he said that Shenzhen has the highest vehicle density in China, with 510 vehicles on the road per kilometre.
“In June 2018, the Shenzhen Traffic Police chose Huawei Cloud to manage traffic lights in the district. They incorporated AI technology at nine intersections in Bantian. With this solution, traffic light control rules are adjusted in real time based on traffic conditions.
“This means traffic lights are getting smarter. In the past, drivers counted down the time until the light changed. Now, traffic lights count cars and then change themselves. The results are incredible,” he said.
Xu asserted that Huawei will continue to expand its expertise in AI and maintain technological leadership.
“Huawei is committed to fairness, collaboration, and shared success. We have forged solid relationships with our ecosystem partners, and we are working together to build a thriving AI ecosystem,” he said.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.
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