This Week In Digital – Week 12, 2019

Blockchain to store 10% of world GDP, precautions to survive the upcoming AI Tsunami, UPS adopts Blockchain for B2B sales. Read all about it in the latest update of This Week In Digital.

Oracle announces new innovations to its Oracle Supply Chain Management Cloud service – Dale Benton, March 19, 2019.

Oracle has announced a series of new innovations to its Oracle Supply Chain Management (SCM) Cloud, enabling organisation to reduce costs and stay ahead of changing customer demands. The company announced in a statement this week that updates to its Oracle SCMCloud solution will connect customer service and field technicians to better align orders and invoicing with projects and/or organisations, improving the “orchestration of vendor managed inventory.” Organisations of all sizes currently leverage the Oracle SCM and gain access to latest innovations in artificial intelligence, blockchain, and the Internet of Things across their supplier networks to enhance productivity, reduce costs, and minimize risk.

Why Every Company Needs An Artificial Intelligence (AI) Strategy For 2019 – Bernard Marr, March 21, 2019.

There’s no doubt that artificial intelligence (AI) is a transformative technology – perhaps even the most transformative technology available today. But if you think the transformative nature of AI is limited to global tech giants and blue-chip companies, think again. AI is ultimately going to transform every business, in every industry.  Like any business transformation, if you want to get the most out of AI, it all starts with strategy. Your AI strategy will help you to focus on your core business objectives and prioritise ways that AI can help deliver those business goals.

Will AR And VR Converge? Not In Retail – Nikki Baird, March 22, 2019.

It’s not that impossible to imagine a future that looks a lot like how Google first envisioned Google Glass – that everyone walks around with lenses on their face, using that to create a digital overlay on the real world.It’s not that much farther of a step to imagine there would be a way to seamlessly move between clear lenses that truly overlay the digital onto the physical world around us, and lenses that can turn entirely opaque, and blot out reality, to then immerse a user into a virtual world. AR and VR then become the combined “mixed reality” (abbreviated as XR) that is starting to pervade tech vocabulary, where the two are just two ends of a single, shared spectrum of virtuality – low virtuality at the AR end, and total virtuality at the VR end.

UPS Targets B2B Sales With New Blockchain E-Commerce Platform – Diana Aguilar, March 23, 2019.

U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age. Announced yesterday, UPS has inked a deal with e-commerce company Inxeption to develop a platform to facilitate business-to-business sales, one supported by blockchain technology. The platform, called Inxeption Zippy, will work as an online catalog for businesses, according to the UPS news page. UPS said that the integration of services is aimed to draw more B2B merchants into e-commerce, claiming that slow adoption of online selling resources directly impacts businesses that use traditional methods for selling and advertising.

BMW, Intel Partner With Government-Backed Blockchain Accelerator – Yogita Khatri, March 24, 2019.

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem “ready for industry 4.0.” BMW Group Asia, for instance, will provide “masterclasses” and mentoring sessions on how blockchain solutions can be implemented in a mass market situation.

Cisco Expects $10 Billion Blockchain Market by 2021, 10% of World GDP Stored On-Chain by 2027 – News DeskMarch 24, 2019.

One of the largest tech conglomerates in the world, US-based Cisco, recently issued a report highlighting the company’s enterprise-oriented blockchain platform. In the report, Cisco suggested that blockchain has the potential to hold as much as 10 percent of the world’s GDP.  This means that several trillion dollars worth of value could be stored on both decentralized and permissioned blockchains by 2027.

How to Survive The Upcoming AI Tsunami – Jim Sinur, March 25, 2019.

Like it or not we are all going to get inundated by AI, Robotics and Automation opportunities. As organizations or individuals, we will have to decide how we are going to respond. Since we can no longer count on AI going back into another “AI Winter” because it is not going away. We will have to decide on AI as a trend and each AI encounter we will be facing. Our choices on AI will either make us win or lose in the short term and the long run. What are the responses to AI we can exercise?

 

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