3D printing will be commonplace in the households of 2118, where we’ll print everything from the comfort of our couches.
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Tag: Revolutionizing
Proof That Tesla’s Batteries Are Utterly Revolutionizing How We Power Our World
Tesla Batteries Powering the World
Tesla is getting a lot of use out of its Powerwall and Powerpack products. The company has been selling Tesla Batteries since 2015, and both received major upgrades last year, ensuring that they will continue to be used for a variety of projects.
In recent months, Tesla batteries have been used to power the company’s solar roof product, sent to Puerto Rico to provide much-needed electricity, they’ve saved Australia $ 1.5 million, and will soon power thousands of homes in South Australia. That last application is particularly impressive, as it also accounts for one of the largest projects Tesla has ever taken on; and that was before CEO Elon Musk set a deadline for its completion at 100 days.
As Business Insider points out, however, South Australia and Puerto Rico aren’t the only places that have come to utilize the company’s batteries. In fact, several luxury resorts, a handful of lodges, and even entire islands are being powered by Tesla’s hardware.
For starters, there’s the Singita Lodge, located on the edges of the Kruger National Park in northeastern South Africa, which is home to a number of animals like buffalo, leopards, and elephants. The resort itself relies on a series of solar panels which are powered by Tesla’s Powerpack system. There’s also the Dent Island fishing lodge in British Columbia, which has five Powerpacks providing nearly 500 kilowatt-hours worth of energy.
From Homes to Islands
For more residential uses, look no further than the neighborhood of Glen Innes in Auckland, New Zealand. Last year, utility company Vector installed a Powerpack system at the nearby Glen Innes substation, increasing the capacity of East Auckland’s existing power supply. The 1MW system powers the entire neighborhood and helps even out the overall energy demand during peak times.
As said previously, though, Tesla’s hardware is also supplying energy to entire islands. Most notably is the island of Ta’u in American Samoa, which is home to a microgrid comprised of solar panels and 60 Tesla Powerpacks. SolarCity and Tesla built the power system last year and it now provides 1.4 megawatts of solar generation capacity and 6 megawatt-hours of battery storage to the entire island, including the local hospital, schools, and fire and police stations.
“The stability and affordability of power from the new Ta’u microgrid, operated by American Samoa Power Authority, provides energy independence for the nearly 600 residents of Ta’u,” explained SolarCity in November. “The battery system also allows the island to use stored solar energy at night, meaning renewable energy is available for use around the clock.”
Expect to see more of Tesla’s batteries bringing power to more people and territories. Company CEO Elon Musk is already looking to rebuild Puerto Rico’s electricity system, and the company is currently building the world’s largest Supercharger station in China. It will be some time before we, as a planet, completely shift to clean energy, but Tesla’s continued involvement continues to benefit society; let’s hope companies with such influence never lose the desire to change the world.
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How ICOs are revolutionizing investment
For most startups, fundraising is one of the biggest hurdles to overcome. After all, putting money into a seed or even pre-seed round is a position of big risk/big reward, with most not willing to take the chance unless there’s a proven market fit or potential. Unfortunately, this pattern can sometimes create an environment that favors tried-and-true over new pioneers, as both the entrepreneur and investor are looking for a “safe bet.” However, ICOs are looking to change all of that. An ICO, or Initial Coin Offering, works similar to a stock’s IPO (initial public offering), only as an unregulated…
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How tech is revolutionizing rental markets
It’s no secret that the way people look for housing has changed significantly in the last decade. Tens years after the start of the housing crisis the industry outlook has improved significantly. While growth is happening in the housing industry, it’s shifted into different sectors due to a number of factors. While individual housing markets have seen an upswing, millennials are waiting longer to buy homes than their parents. Many are opting for rental properties in more urban settings. Some of them have moved to the city to be closer to employment, while others simply like the lifestyle that urban…
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Elon Musk’s Latest Future Investment? Programs Revolutionizing Education
Investing in Education
Despite being involved with a number of companies intent on making the future happen (or perhaps because of it) Elon Musk has always been interested with education. His efforts include a competition that helps students and startups develop working models for the futuristic hyperloop. More recently, Musk has donated $ 15 million to an XPRIZE program called Global Learning.
The XPRIZE Foundation is a non-profit organization that designs and promotes public competitions that seek to bring about technological developments beneficial to humanity. One of their programs is the Global Learning XPRIZE, the goal of which is to “empower children to take control of their learning.” More specifically, the program “challenges teams from around the world to develop open source and scalable software” to help children in developing countries teach themselves basic literacy and arithmetic skills within 15 months.
On Monday, five finalists were chosen to advance in the contest, each receiving a $ 1-million milestone prize. The team’s education technology solutions will be put to a field test in Tanzania this November, in partnership with UNESCO and the World Food Program (WFP).
Investing in the Future
The five finalists, which include CCI from New York, Chimple from India, Berkeley-based Kitkit School, a program called onebillion, and RoboTutor from Pittsburgh, will have to demonstrate proficiency gains in about 4,000 children in 150 Tanzanian villages after 15 months. The one that achieves this — to be announced on April 2019 — will receive the $ 10 million grand prize.
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How connected devices are revolutionizing mobile field services
While the impressive growth of the Internet of Things (IoT) is often measured in revenue for the devices that enable it, the “soft revenue” potential is even more impressive. Connected devices, supported by analytics and software, are boosting efficiencies in business, shortening sales cycles, improving customer satisfaction, and eliminating the need to pay human workers overtime. Today, companies that employ field service workers walk a fine line between meeting the needs of customers and keeping revenues healthy and expenses down. There are many ways that connected devices networked to…Read More
AI Is Revolutionizing the Relationship Between Companies and Their Customers
AI for You
Narrow artificial intelligence (AI) is fundamentally changing the approaches, methods, and results of customer management, triggering a renaissance in companies’ relationships with their clients in almost every sector and revealing previously unimaginable opportunities. Narrow AIs are versed in doing one task well; this is the only AI that has been created by humans so far.
The first sector it is being put to use in is customer relationship management (CRM) — the aspect of a company that aims to optimize a business’s relationship with their customers in order to maximize retention rates. AI can analyze data at a rate humans cannot match, giving an understanding that was only possible with huge amounts of manpower before. A prime example is Salesforce Einstein, which studies the data from sales, e-commerce activity, emails, Internet of Things-generated data and social media to make company specific recommendations.
![Types of AI: From Reactive to Self-Aware [INFOGRAPHIC]](http://mo.bi/wp-content/uploads/2017/07/HomeThumb.jpg-1-2.png)
AI can also work in specific sectors, such as helping to streamline outbound marketing by automating banal, time-consuming tasks. Initiatives such as Growbots investigate data customers have provided to develop curated prospect lists, plan campaigns, and send follow up emails at optimal times. The software also uses natural language processing to analyze responses and compile feedback fo the sales team. As their website states, “What the steam engine did for the industrial worker, AI has done for the sales rep.”
Some of the burden of engaging with customers directly can be offloaded to AI chatbots. Using digital labor for conversations with customers can free up the time of customer support, allowing them to deal with more complex and serious customer issues faster. With a success rate of 55 percent, Amelia is an example of a chatbot that learns from previous interactions to provide answers to customer questions — and if the bot detects hostility or cannot provide an answer, it immediately transfers the customer to a human agent.
AI and Business
This technology, then, has the potential to revolutionize customer interaction by attracting new customers and retaining current ones. AI provides a way to tackle the huge supply of information created by the 21st century’s data tidal wave, as well as to harvest the fruits of the increased demand on products and services businesses face in an increasingly corporate world. This results in a mutually beneficial relationship between company and customer, in which communication and support are expedited.
Other aspects of businesses are also being improved through the use of AI. Mya has been developed to make the job application process quicker, with the capability to siphon off unsuitable candidates, schedule interviews, and request further information from potential employees. AI has also started to be used in retail settings, with customers being automatically charged when they leave Amazon’s grocery store — removing frustrating lines from the shopping process.
Many high profile scientists and tech giants, including Stephen Hawking, have expressed concern that applications of AI to the business sector will cause untold damage to the job market, possibly leading to millions being unemployed. However, Louis Monier, the founder of AltaVista, says that this is another example of technology removing less desirable tasks that work necessitates; it is “just like we have always done, from farm animals pulling the plow to steam power and so on.”
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How artificial intelligence is revolutionizing customer management
A few years back, cloud computing transformed customer management, giving every small and medium business access to unified data and communication platforms without the need to make heavy investments in IT infrastructure and staff. This time around, the next revolution in the space is being driven by artificial intelligence algorithms that help businesses automate customer outreach and make optimal use of data. Beneath the surface of the roiling sea of data we’re generating hide exceptional business and sales opportunities. But the problem is there’s now more information available than limited human resources and legacy tools can handle. Fortunately, making sense…
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Mobile Marketing: How Mobile Technology is Revolutionizing Marketing, Communications and Advertising
Mobile Marketing: How Mobile Technology is Revolutionizing Marketing, Communications and Advertising
- KOGAN PAGE
Mobile Marketing is a clear, practical guide to harnessing the mobile consumer and tackling the rising challenges of divided user attention across multiple screens at the same time. It demystifies the vast spectrum of tools and techniques now available and explains how to optimize these dynamics into an innovative and effective mobile marketing strategy. Now that website search rankings take into account mobile optimization, no serious marketer can do without a thorough understanding of mobile.
The first edition of Mobile Marketing won the Judge’s Choice Award in Social Media at the Small Business Trend’s 2014 Book Awards. This fully revised 2nd edition includes straightforward explanations on mobile optimized content, app development, social media and proximity based marketing. It has also expanded to include two brand new chapters on mobile and email and on location-based devices, plus cutting-edge updates on advances in wearable technology, mobile payments, virtual reality and strategies for the changing user journey. Integrated with tactical checklists, easy application frameworks and powerful case study insights such as Heineken, WordPress, MailChimp, Nike Training Club (NTC), Google Play and Moz, if provides a full overview from service provision and technology integration to content strategy, ready to capture fast-moving consumers on the go.
List Price: $ 29.95
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