July 9 – 5 Key Stories From The Digital World

By July 9, 2019 Insight

1. How Data Analytics Is (Slowly) Transforming Private Equity

  • difficulty — for any investment firm — of accurately predicting a portfolio company’s growth, and how data analytics can change the game
  • “Right now in the industry, when most associates at a private equity firm go to sell [a company], they [just] put ‘12%’ in there. It is a relatively finger-in-the air approach,”
  • noted that one factor slowing down its adoption is that private equity can be a low-velocity business

2. Lyft, Aptiv and the National Federation of the Blind partner on self-driving for low-vision riders

  • ensure that its core ride-hailing product is accessible to riders who might be blind or have low vision, and this extension of that work now means its pilot fully autonomous ride-hailing network is available as an option to this group of passengers
  • with more accessible features, including Braille guides for riders of the self-driving vehicles, which provide detailed info about the route the autonomous test cars run in Las Vegas
  • detail sensors and technology positioned across the car, so riders can be fully informed as they participate

3. Blockchain for Food, How the Industry Makes Use of the Technology

  • over the past few months, a variety of players — including juggernauts like Nestlé, Carrefour and Starbucks — have reported on their latest blockchain-powered initiatives within the field
  • Traceability is not just the customer’s whim, however, but a crucial component for the industry at large, in which investigations into foodborne illnesses require extra swiftness to prevent human loss
  • most mainstream and adopted blockchain tracking solution within the field is IBM’s Food Trust, which is based on the Hyperledger Fabric blockchain protocol

4. Waymo offers free music and WiFi to make its driverless taxis stand out

  • Waymo is looking for ways to distinguish itself in the cut-throat taxi market, where it must compete with ridesharing apps and other self-driving services as well as traditional taxis and public transport
  • To address this challenge, Waymo is focusing on better amenities to appeal to regular customers
  • features currently being tested in Waymo vehicles in the greater Phoenix area include free WiFi and music streaming

5. AI made from a sheet of glass can recognise numbers just by looking

  • proof-of-principle glass AI…can distinguish between handwritten single digit numbers…can also recognise, in real time, when a number it is presented with changes – for instance, when a 3 is altered to an 8
  • works by taking advantage of small bubbles deliberately incorporated into the glass, as well as embedded impurities such as graphene
  • Training the AI involved presenting the glass with different images of handwritten numbers