The Future is Now: 3 Trends in Artificial Intelligence (AI)

Artificial Intelligence (AI) will impact our economy by increasing efficiency, government regulations, and challenging social morality

 

1) Increasing efficiency and accuracy in our everyday work.

 

It’s tempting to believe that artificial intelligence can do just about anything. If tech experts are to be believed, artificial intelligence (AI) has the potential to transform the world. Tech entrepreneur, Elon Musk, says this would be a threat to humanity and life as we know it.

 

Even though thinking among AI researchers has evolved over the years, the future impact of AI is strongly debated among experts.

 

Currently, AI and machine learning power self-driving cars, complex ad-tech audience optimization, and a host of intelligent agents such as Alexa, Cortana and Siri. At the same time, leading AI experts, business owners, and analysts caution against an overly rosy view of its current capabilities.

 

The hype surrounding AI’s potential has misled many into overlooking its current utility. Eventually, AI will redefine industries and build technologies we never thought possible. However, business leaders and AI experts say the real value in today’s AI lies in increasing efficiency and accuracy in our everyday work.

 

2) Preparing for The Future – The Government’s Role

 

AI holds the potential to be a major driver of economic growth and social progress. If industries, society, government, and the public work together to support development of this technology with thoughtful attention to its potential and managing its risks, then everyone will benefit.

 

The U.S. government has several roles to play. Participation in conversations about important issues is key; this is to help set the agenda for public debate. In fact, this initiate can monitor the safety and fairness of applications as they develop, and adapt regulatory frameworks to encourage innovation while protecting the public.

 

Another utility the government can provide is public policy tools to ensure that disruption in the methods of work enabled by AI increases productivity while avoiding negative economic consequences for certain sectors of the workforce. Not only this, but the government can support basic research and the application of AI to public good. One of those features is to support development of a skilled, diverse workforce.

 

Government can apply AI to serve the public faster, more effectively, and at a lower cost. Many areas of public policy, from education, to defense, to environmental preservation, and criminal justice, will see new opportunities and new challenges driven by the continued progress of AI.

 

To enable these policies, it’s crucial for the U.S. government to understand and adapt to these changes.

 

3) Economic and Social Morality 

 

As the technology of AI continues to develop, practitioners must ensure that AI-enabled systems are governable. This is to ensure they are open, transparent, and understandable. In essence, AI must work effectively with people, so that their operation will remain consistent with human values and aspirations.

 

Researchers and practitioners have increased their attention to these challenges, and should continue to focus on them.

 

Developing and studying machine intelligence can help us better understand and appreciate our human intelligence. Used thoughtfully, AI can augment our intelligence and help us to chart a better and wiser path.

 

Charter Global offers AI resources to a variety of different types of projects. Consult us for expert help, and learn more about what we can do to achieve your AI goals.

The post The Future is Now: 3 Trends in Artificial Intelligence (AI) appeared first on Software Development & IT Staffing Company.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!

5 Benefits of Diversity in the Workplace

Diversification empowers the workplace by cultivating different skill-sets, fostering innovation, breaking language barriers, and more

 

When we think of diversity, we often think of age, ethnicity, gender, and creed – but there are far more important factors to consider when applying the importance of diversity to our workplace. In selecting individuals representative of different backgrounds, we empower our workforce with strengths in the most broad, optimal capacity. Here are the top 5 ways your diverse workforce can strengthen your organization.

 

1) Cultivate an Arsenal of Talents, Skills, and Experiences

• When we employ individuals with different backgrounds, we’re ultimately employing their knowledge inclusive of their unique talents, skills, and experiences
• The more broad the range of experiences in ones background, the more tools the company has to work with
• Each individual’s unique experiences can be customized to fit the needs of a specific job and/or function
• Employees can ultimately learn from one another by networking with each other and collaborating by sharing their respective skill sets.

 

2) Grow Your Talent Pool

• Empower your organization by promoting the idea of progressiveness which attracts individuals from all walks of life
• Attract a wider range of candidates by casting a wider net
• Retain existing employees, as people want to grow with companies that show an initiative in diversity

 

3) Foster Innovation

• An abundance of creative concepts will develop and flourish when the minds of a diversely formed group converge
• Broaden your horizons by allowing a more diverse range of feedback and suggestions
• Collaboration between individuals from different backgrounds sets the stage for a more unique, out-of-the-box ideas to develop and grow

 

 

4)  Improve Employee Performance

• When inclusion is a priority, employees are likely to feel more comfortable and happy, which reflects in their work
• Equality is a driving factor when encouraging workers from to feel confident in their abilities and achieve higher ground
• Increased team morale allows for an increase in overall productivity

 

5) Break Language Barriers

• One of the most popular obstacles for businesses can be language barriers, which can be overcome by arming yourself with a diverse talent pool
• Embracing diversity will project a progressive image which attracts both clients and partners from all walks of life
• Increase your customer base, and your profits, by extending your growth both nationally and internationally

The post 5 Benefits of Diversity in the Workplace appeared first on Software Development & IT Staffing Company.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!

IoT and 5G Will Dominate these 5 Industries

IoT and 5G Technology to reign supreme in the realm of self-driving cars; healthcare; logistics; smart cities; and even retail.

 

As the 5G mobile network becomes more mainstream, various industries are capitalizing on the value of wireless connectivity with respect to the market in smart devices. The challenge lies, perhaps, in redeveloping, redesigning, and restructuring services and products so as to leverage the superior capabilities of a 5G network. 

 

With that said, there’s no shortage of IoT platforms and IoT devices used by people everyday around the world. Let’s take a look at 5 industries where 5G and IoT will likely dominate in the near future:

 

1. Self-driving Cars:

 
Sensors on self-driving cars generate a large amount of data – measuring temperatures, traffic conditions, driving patterns, driver behavior, GPS coordinates, etc. Producing and assimilating such quantity of data consumes lot of energy. To provide optimum services, such cars are also heavily reliant on real-time transmission of information (Tesla, anyone?)

 

High speed connectivity and low latency allows intelligent cars to constantly collect all sorts of data, including fragile, time-sensitive information. Complex algorithms work autonomously, keeping track of the working condition of the car; while conceptualizing improvements for future designs.

 

2. Healthcare:

 
The medical field will also see improvements in their services as all sorts of medical devices become IoT enabled. Rural areas and other similar remote locations without proper healthcare facilities will hugely benefit from IoT connectivity. 

 

With such low latency, world class healthcare services like surgeries performed remotely become a possibility.

 

3. Logistics:

 
5G connectivity will make it possible for sophisticated IoT tracking sensors that could transform logistics operations from end to end. High speeds and low latency help gather real-time data more efficiently; tactfully accumulating a wide variety of data – at all points within a supply chain and for a very long period of time. 

 

A consumer would have access to detailed information like where the fish she just bought was caught, what temperature was it stored in during transportation and when was it delivered to the retailer.

 

4. Smart Cities:

 
5G will enable wider applications in smart city initiatives from water and waste management, traffic monitoring to enhanced healthcare facilities. Smart Cities will enjoy the benefits of the new generation network as more and more sensors make their way into city infrastructure.

 

In addition to handling massive amounts of data, 5G integrates various, intelligent systems.

 

This network allows for constant communication between one another, bringing the vision of a truly connected city closer.

 

5. Retail:

 
IoT for Retail will see a positive impact from the coming of 5G as they attempt to shape customer engagement and experiences through mobile phones. Better connectivity and larger number of devices connected to the network will allow them to interact with shoppers faster with improved digital signage. New and innovative ways of customer engagement that incorporate Augmented Reality and Virtual Reality will become more popular. Retailers will be able to enhance the shopping experience by driving omnichannel retail practices more effectively.

 

5G and IoT together will also help in bringing every item on the shelf to the internet by creating digital twins for them. If the number of hardware connected devices is expected to be in the billions, the potential for ordinary consumer products with digital twins to be a part of the new Internet of Things is considerably more. 

 

Unlike hardware devices, consumer products won’t have internet connectivity – but they will be able to send and receive information based on event-based interactions with consumers and other entities through scanning, RFID readers, NFC taps and more; ushering in the era of smart products. 

 

Summary

 

The current wireless infrastructure is not up to the task of managing so many products on the network, but 5G will make it possible. Smart Packaging and Digital Labels will transform the way retailers manage inventory and track logistics as well as provide a hotbed of innovation to use them as a means to creatively interact with consumers.

 

4G is inadequate for handling the data load from the ever-increasing number of sensors and connected devices coming online, limiting what IoT can truly achieve. With its high data speed, low latency, more flexibility, low energy consumption, cost-effectiveness and ability to withstand a far greater number of devices, the 5G is the perfect enabler for Internet of Things.

 

We are looking at a future where not just mobiles, computers and tablets are linked to the internet, but a whole array of everyday objects, grocery products, and city assets. This presents new business opportunities for the emergence of organizations providing services and apps to manage complex IoT ecosystems and convert data into smart insights. 5G will play a significant part in transforming not just how we communicate, but businesses and society as a whole as well.

The post IoT and 5G Will Dominate these 5 Industries appeared first on Software Development & IT Staffing Company.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!

Why Businesses are Choosing Open Source Software

Popularity of Enterprise-level Open Source Software Attributed to Benefits like Adaptability, Customization, and Affordability

 

Executives are choosing Open Source software and finding great success. More and more organizations are choosing it over proprietary software and a lot more will make this transition in years to come. Understanding the concept of open source software and its functionality is key to utilizing the benefits. Charter Global has the knowledge and experience for the most successful Open Source transition.

 

What is Open Source Software?

 

As the name suggests, open source software is one whose original source code is publicly available and can be modified at will. This type of software either has its source code publicly available or includes it somewhere inside the compiled software download, making it easy for the user to modify, customize or add/remove features based on their preferences.

 

Contributions to Open Source

 

The open source concept has contributed significantly to software development. Because of its open nature, it becomes easy for contributors to add new features, extend features and fix bugs. These changes usually reflect in newer versions along with the source code for further improvement. This makes it a formidable system that can run for a long term and is adaptive to all kinds of conditions.

 

Affordability:

There is no need to spend a fortune on proprietary software where additional charges for maintenance and software updates are involved. With open source software, contributors make all the needed changes. It performs well in real time because of the contributions from multiple individual experts. There is always a customized version that meets specific requirements out there!

 

Customizable:

 

Open source software shares its source code, making it quite easy to understand and modify as required. This is unlike commercial software, where every time a change is required in the product, the vendor has to be contacted, and then wait for them to deliver the feature (which can take forever).

 

Adaptive:

 

The source code of the open source software is available publicly and its modifications are not limited to a particular person or organization. Additionally, it has an extendibility scope that is not limited to any particular design or architecture. Because of these factors, anyone can use the open source software, as it was designed using ideas from multiple people with varied intentions. Therefore it stands a better chance of performing well in complex scenarios.

 

Solid Security:

 

Security is better in the open source system, because there are experienced experts from all over, always looking out for possible security loopholes and fixing them. This is one feature that gives the open source an edge over proprietary software.

 

Better Support:

 

Typical open source software has numerous documentations as well as community wikis that host answers to frequently asked questions. Individuals and group experts who worked on the technology/platform are available on online open source forums. Some of the open source vendors are also available to provide support for the software for a small fee.

 

Finding Resources:

 

As mentioned in the previous point, resources for open source are available everywhere.  On the other hand, commercial software developers seldom share their codes or documentation to everyone. So, this makes it quite difficult to find the resources or build knowledge in that technology.

 

Charter Global’s Capabilities in Open Source

 

Charter Global is known for their expertise in building software and providing services using open source technology. We have successfully developed and delivered hundreds of projects to our clients. Among the many services we render at Charter Global, we develop applications and tools using open source.

The post Why Businesses are Choosing Open Source Software appeared first on Software Development & IT Staffing Company.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!

4 Vital Features for a Mobile App

Security, navigation, social media, and user feedback features are crucial for mobile app development

 

Over the past 6 years, smart phone ownership has grown by over 42%. What’s more, 77% of Americans own a smartphone in 2018, up 42% from six years ago. It’s safe to say, the smartphone is one of the fastest adopted technologies in history.   

 

As such, the need for mobile applications of all kinds has caused quite an uproar in the realm of software development.  Businesses have expressed interest in developing apps, platforms, and websites optimized for mobile users.

 

The phrase, “Yesterday’s luxury is today’s necessity” holds true of mobile apps in modern times. 

 

Outlined below are four essential features to prioritize when developing an app.

 

4 Essential Features for a Mobile App:

 

1. Security

 

Identity theft and financial hacks are more commonplace than we’d like to admit. Preventative measures make certain that an app is secure and protected against cyber security threats. This is even more true of apps that require credit card information for e-commerce functionality. 

 

The popular adage, “Safety First” should always first and foremost priority to consider when private data is at stake. Ensuring your clients’ protection is paramount, as is the transparency on private data collection and storage within the app – including how that data may be used. 

 

A clear definition of policies and practices should be made readily available, prior to the user providing any personal information. This way, users can feel at ease and trust that their data will not be sold, extorted, or transferred against their will.

 

2. Ease of Navigation

 

The number one reason most apps are deleted is because of poor design. Overall usability and user-friendly components are fundamental, key functions of a great app.

 

A mobile device does not have a keyboard nor a mouse, so typing should be minimized when designing an app. Users also favor having to scroll instead of “clicking.” Scrolling feels natural, and shows more content quickly, because there is no need to wait for pages to load.

 

Imagine having to click through 5 pages of a top 10 list instead of just scrolling through it on a single page.

 

3. Social Media Integration

 

In 2017, it was reported that there are over 3 billion active social media users globally.  That being said, social media has an extensive influence in our lives, including the way we do business. 

 

More than being a platform to share photos and status updates, social media has transformed into an essential tool for businesses to reach their customers.

 

Integrating social media in mobile apps offers expanded brand awareness. Users can share posts about the business, thus reaching more people. Social media integration brings increased visibility and recognition to potential customers or users of the app.

 

4. User Feedback

 

Having the ability to provide feedback gives users the satisfaction that they are being heard.

 

This also lessens the need for the them to call or email the support team. It will help the business by having an understanding to what the users want, the things that need to be changed, or the things the users want to see in the app.

 

It is imperative that businesses constantly improve their apps to provide value to their clients.

 

Let Charter Global help you by providing your enterprise a full service mobile app development. Contact us today.

The post 4 Vital Features for a Mobile App appeared first on Software Development & IT Staffing Company.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!