Technology

Thursday, November 21, 2024
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The Impact of Technology on Modern Business Practices

The Impact of Technology on Modern Business Practices

Do you ever consider how your business can remain competitive in a constantly evolving market? 

The dynamic world of modern business demands a constant adaptation to new technologies to achieve efficiency, cost reduction, and increased performance. 

Telematics combined with camera systems have proven to be game-changing technologies in fleet management thanks to companies’ integration of advanced solutions. These innovations not only streamline operations but also provide critical insights that enhance decision-making and overall business strategy.

Let’s explore new ways with us to keep your business competitive in today’s ever-changing market.

Optimizing Fleet Operations with Advanced Technology

Integrating telecommunications and informatics, telematics offers businesses real-time data on vehicle location, speed, and fuel consumption.

  • Vehicle Location: Real-time tracking of fleet vehicles.
  • Speed Monitoring: Accurate data on vehicle speed for safety compliance.
  • Fuel Consumption: Insights into fuel usage for cost management.

Using this data, fleet managers can optimize routes, reduce idle times, and improve efficiency, saving money and using resources more effectively.

The Role of Vehicle Camera Systems

Are you using vehicles for your business? Vehicle Camera systems play a crucial role in enhancing safety and compliance.

  • Clear Road View:

Provides drivers with a clear view of the road.

  • Behavior Correction:

Allows drivers to identify and correct unsafe driving behaviors.

  • Accident Evidence:

Footage proves crucial during car accidents, protecting the business from false claims.

  • Regulation Compliance:

Ensures industry regulations are followed, promoting a secure environment for all.

Improving Customer Experience

Integrating telematics significantly improves customer service in several ways:

  • Real-Time Tracking: It keeps you informed about the status of the order and estimates delivery time.
  • Building Trust: Transparency in tracking fosters customer trust.
  • Enhanced Satisfaction: Reliable updates improve overall customer satisfaction.
  • Safe Deliveries: Monitoring driver performance ensures safety.
  • Punctual Deliveries: Having your product delivered promptly enhances your reputation.
  • Customer Loyalty: Improved service quality boosts customer loyalty.

Maximizing Your Investment Returns

While the initial investment in telematics and vehicle camera systems might seem substantial, the return on investment is significant.

  • Reduced Fuel Costs: Optimized routes and driving behavior lead to lower fuel consumption.
  • Lower Maintenance Expenses: Predictive maintenance reduces unexpected repairs.
  • Decreased Insurance Premiums: Enhanced safety measures often result in lower insurance costs.
  • Continuous Improvement: Data-driven insights support ongoing strategic planning.
  • Long-Term Profitability: Sustained cost savings contribute to overall business growth.
  • Future Optimism: Technology adoption fosters confidence in a competitive market.

Data from these systems drives continuous improvement and strategic planning, boosting long-term growth, profitability, and future optimism.

Additionally, businesses can leverage various strategies, such as improving ROI with marketing automation, to further enhance their financial performance.

What is The Ultimate Point?

Keeping up in today’s market means embracing advanced technology.

Telematics and vehicle cameras revolutionize fleet management by optimizing operations, enhancing safety, and improving customer service. They offer real-time data, cost reduction, and compliance, yielding efficiency gains and high ROI.

Modern commerce is a dynamic world where companies must keep up with technological innovation to achieve sustained success and maintain competitive advantage.

Best Walk In Cold Room Installers in London

Best Walk In Cold Room Installers in London

When it comes to the installation of cold rooms in London, there are several options to choose from.

However, if you are looking for the best cold room installers in the city, look no further than our recommended business: Walk In Cold Rooms.

With years of experience and thousands of completed projects, they are the go-to choice for those seeking reliable and high-quality cold room installation services.

Their team of experts has the skills, knowledge and tools to cater to all of your cold room needs. Whether you require walk-in cold rooms or cellar coolers, they have got you covered. They understand that every facility has its unique needs, which is why they offer bespoke cold room installations tailored to your specific requirements.

Cold Room Customer Testimonials

Don’t just take our word for it; here are a few testimonials from satisfied customers:

John, a restaurant owner in West London, says,

“I was impressed with their professionalism and attention to detail. They worked closely with me to ensure that the cold room installation was perfect for my restaurant’s requirements. The finished product was better than I could have imagined.”

Mary, a catering company owner in South London, says,

“The team at our recommended business did an outstanding job with our cold room installation. They were efficient, timely and professional throughout the entire process. I would highly recommend them to anyone looking for cold room installation services in London.”

David, a pharmaceutical company owner in East London, says,

“I needed a walk-in cold room installed quickly and efficiently, and our recommended business did an excellent job. They were able to complete the installation within the timeframe and budget we had discussed, and the final product exceeded our expectations.”

Walk In Cold Room Services

There are a number of different services provided by the Walk In Cold Room company. Some of the services they provide can be seen below:

Walk-in Cold Room Installation

They offer custom walk-in cold rooms that are perfect for a range of industries, including food and beverage, pharmaceuticals and more.

Their team will work closely with you to ensure that the installation is tailored to your specific requirements.

Cellar Coolers

If you need a cellar cooler installed, they have the expertise and experience to do it right.

Their team understands the importance of maintaining optimal temperatures to ensure the quality and freshness of your products.

Maintenance and Repair

They also offer maintenance and repair services for existing cold rooms.

Their team can identify and fix any issues with your cold room to ensure that it is working at maximum efficiency.

Summary

In conclusion, our recommended business is the best choice for cold room installation services in London.

With their years of experience, professionalism and attention to detail, you can trust them to deliver high-quality cold room installations tailored to your specific needs.

MedTech Startup, Predicted To Save The NHS Millions, Opens Funding Round

MedTech Startup, Predicted To Save The NHS Millions, Opens Funding Round
Saving the NHS millions, one step at a time
MedTech startup, Fyous, open third funding round.
  • Hitting a £10m valuation in just over two years, Fyous have opened a third seed funding round
  • The NHS currently spends almost £1 billion a year on diabetic foot care, with custom shoes costing upwards of £700
  • Fyous make custom-fit footwear at mass-manufacturing speeds using their unique polymorphic moulding technology. Prices start at £250.
  • Named 2022 startup of the year, Fyous have their sights on both the public sector and direct-to-consumer markets with two new product launches
Following multiple award wins and two new product launches, Fyous, the MedTech startup revolutionising custom footwear, has opened its third seed funding round.
Reaching a £10-million valuation in just over two years, Fyous are focused on applying their unique technology to NHS diabetes care in a bid to reduce costs and save lives.
The NHS currently spends almost £1 billion a year on diabetic foot care for the 4.9 million diabetics in the UK — enough to fund 25 million additional GP appointments.
With a five-year mortality rate of 40% for diabetic foot ulcers (DFU) and the number of diabetes sufferers set to increase to 5.5 million by 2030, finding affordable and effective treatment options is a public health priority.
“Current manufacturing techniques mean that a patient can have a waiting period of a few months before they are provided with bespoke provision… and any wait period could lead to re-ulceration of the patient” explains Orthotist Sarah Crossland if the Diabetic Limb Salvage Service at the Leeds Teaching Hospitals Trust.
Named 2022 Startup of the Year and winner of the Made in Yorkshire Award, Fyous has already received more than £600,000 in funding and has been accepted into both the Jump and P4SY MedTech accelerator programmes.
With MHRA clinical trial approval imminent, multiple NHS trusts are lining up to start clinical trials following positive feedback on the footwear from patients and their Consultants.
Co-Founder and CEO Joshua Shires, the founder behind £30m-revenue Mous Products Ltd, believes that Fyous has the potential to redefine diabetic foot care and the custom footwear industry more broadly.
“Fyous allows the NHS to deliver better care, faster, and for less than half the price. We’re not just making shoes — we’re reinventing the market, changing how custom-made, medical footwear is perceived”.
To create the custom-fit trainers, patients and customers use the Fyous app to scan each foot, creating millions of data points.
Frustrated by the speed of 3D printing, which can take seven hours to make a single shoe component, the duo used their engineering backgrounds to develop their unique polymorphic moulding process.
A closely guarded trade secret, the mould can quickly change shape for every piece of footwear, allowing Fyous to deliver a custom-fit product at mass-manufacturing speed with ultra-low waste.
Alongside their medical-industry-focused trainer, the brand has just launched a “Barefit” shoe for the direct-to-consumer market. With less cushioning and a zero-drop base, it’s designed to help wearers transition into the growing minimalist footwear movement.
“There’s no such thing as ‘standard shoe sizes’ — everyone’s feet are unique”, explains Co-Founder and COO Thomas Bloomfield. “Our unique polymorphic moulding process and foot scanning technology mean we can create footwear that fits perfectly first time, every time. It’s the next evolution of the footwear industry, and we’re excited to be leading the way”.
Currently valued at £10 million, the pair are seeking a further £1 million in funding to accelerate their growth into both the public and private sectors. Interested investors can find out more at Fyous.com and contact Thomas Bloomfield.

In the UK, World’s First AI-Powered Web 3 Internet Search Launches by yoursearch.ai

In the UK, World’s First AI-Powered Web 3 Internet Search Launches by yoursearch.ai
Startup Introduces New Way To Search The Web Via Open Source Web App or Messenger With AI-Generated Text Response & Configurable Algorithm, Alongside Other AI Services
In the UK, technology startup, yourchat.ai Ltd., have recently announced the launch of its innovative AI services via ChatGPT, yourchat.ai and yoursearch.ai.
On yoursearch.ai, users first enter their search query in a web app or Messenger. The chatbot then sifts through the best Google search results with the help of ChatGPT and answers the question as a text answer – including the sources of where the results were found. Unlike a traditional Google search, users do not have to waste time searching for their desired answer(s) from various linked search results. Plus, users are never bombarded with any ads while using the service, which is much faster than Microsoft’s Bing with GPT4.
The web app also offers an editor mode where users can customise the search prompt; users can share their best prompts on all public platforms with #yoursearch and get a $5,000 reward as well as a job offer if the startup uses it on yoursearch.ai.
“Now is the time to rise from the dark silicon valley to the sunlit path of AI and Web 3,” said founder & serial entrepreneur, Dr. jur. Can Ansay. “I intend to lead the AI and Web 3 revolution in the best interest of users and humanity by putting the power back in the hands of users; not only will people have access to and help shape our innovative services, but 60% of my profits and voting rights as a sole shareholder will be distributed directly back to users and the linked website creators. Investors are also excited.”
yourchat.ai harnesses the power of formerly launched AI services via Messenger, which, unlike their conventional use via browser, works faster, is easier to use, and is completely free to users. Whether you’re looking for advice, fitness tips, text writing, or a new recipe, just ask the AI and it will tell you anything you want to know, instantly. Users can also receive AI images via Messenger using just a text description.
The company will also be launching two additional services in the coming weeks: yourfriends.ai and yournews.ai. With yourfriends.ai, users can add unofficial celebrity chatbots as Messenger friends, allowing them to connect, learn, and converse in a new way with notable figures like Elon Musk, Jesus, or any person in history. AI expert chatbots can help with learning, weight loss, career advice, and spirituality, to name a few.
With yournews.ai, users will receive news that is automatically summarised by ChatGPT via a dedicated web app for free – even through Paywalls. News from foreign websites is translated into a user’s native language, and users can even filter news by rating and specific emotions triggered.
yourchat.ai Ltd. CEO and founder, Dr. jur. Can Ansay is a serial social entrepreneur from Germany. After a successful career as a lawyer, he developed an AI medical diagnosis app in 2013, he then founded an eHealth company in 2018 that topped nearly 700,000 users. In 2021, he launched an AI bot for personalized therapy options and created free online COVID-19 self-test certificates, and in 2022, he launched the first legal online store for cannabis flower in Europe.

Music Promotion Chat Assistant Launched, Powered by OpenAI Technology

Music Promotion Chat Assistant Launched, Powered by OpenAI Technology
Promoly, the innovative music promotion app, has just revealed the launch of PromolyGPT, a dtong chat assistant built on OpenAI technology. Designed specifically for record labels, PromolyGPT helps users conjure up compelling copy, develop marketing strategies, and make more informed decisions.
With PromolyGPT, record labels can effortlessly create effective marketing campaigns that resonate with their target audience. The chat assistant uses natural language processing and machine learning to understand users’ needs and preferences, providing tailored recommendations and insights that improve the effectiveness of their promotional efforts.
PromolyGPT is the latest addition to Promoly’s suite of music promotion tools, which includes email marketing, pre-save campaigns, and DJ promo delivery. By leveraging the power of OpenAI technology, Promoly is giving record labels the tools they need to succeed in an increasingly competitive industry.
“We’re excited to launch PromolyGPT and help record labels take their promotional efforts to the next level,” said Promoly Co-Founder Pete Callaghan. “Our chat assistant is easy to use, efficient, and highly effective, enabling record labels to create marketing campaigns that generate results.”

Fundamental AI Problem Solved by UK Startup Zoea for Code Generation

Fundamental AI Problem Solved by UK Startup Zoea for Code Generation
London-based AI startup, Zoea Ltd, has created a ground-breaking yet simple approach that massively minimises the combinatorial explosion in certain classes of problems. This phenomenon arises when the number of potential states in a system grows exponentially, such as the possible board configurations in a chess game, which makes solving many problems extremely difficult, if not impossible. The issue is particularly prevalent in AI but can also arise in other domains. 

The new approach has been developed within the context of the existing Zoea code generation system. Zoea transforms a set of test cases, comprising example inputs and corresponding outputs, into code directly, using a classic AI technique called Inductive Programming. Inductive Programming provides significant benefits over deep learning, such as greater transparency and the elimination of the need for training. However, it also suffers from the combinatorial explosion, which was the primary problem that Zoea set out to solve. 

Zoea’s breakthrough method reduces the amount of work required by between five and twenty orders of magnitude, depending on the size of the required program. This is equivalent to the difference between a problem taking around 950 years to solve verses taking just three seconds. 

The approach relies on the fact that programming languages have approximately 200 instructions, but most individual programs use fewer than ten of them. Therefore, if one could guess the instructions required for a given problem, it would be much easier to solve. In the new approach, guesses take the form of thousands of overlapping subsets of instructions, each containing between ten and fifty instructions derived from existing code. 

The probability of at least one subset containing all the required instructions is very high, as the distribution of instructions used by human developers is highly skewed and these patterns are preserved in the subsets. The subsets also allow problems to be tackled by hundreds or thousands of computers in parallel, with minimal duplication of effort due to overlap. Furthermore, even with thousands of subsets, less than ten guesses are required to find a solution in 50% of cases. 

This approach will enable Zoea to produce much larger programs in considerably less time, making Inductive Programming a more compelling option for AI-based code generation. Additionally, variations of this approach may help address the combinatorial explosion in other areas of AI and computing. 

“Some of the best brains in AI have been trying to solve this problem for decades” says Edward McDaid, CTO at Zoea Ltd. “The answer has in fact been hiding in plain sight the whole time”. 

“So far we’ve only scratched the surface with this new approach. There are a lot of improvements and refinements that are possible which could deliver even bigger benefits”. 

Full details of the approach and the results have been peer reviewed, published and were recently presented at the ICAART 2023 AI conference in Lisbon. 

A preprint of the paper is available here and a non-technical blog post is available here.

3D Outdoor Advertising Brought to Brands of All Sizes One Day

3D Outdoor Advertising Brought to Brands of All Sizes One Day
Founded during the pandemic in 2020, and now one of the fastest-growing Northwest advertising agencies, the One Day team is bringing 3D anamorphic outdoor advertising to brands of all sizes by reinforcing their creative team with best-in-class 3D modelling and animation.
3D billboards or 3D anamorphic billboards are a type of digital out-of-home advertising that can be placed or played on any LED screen by tricking the viewer’s perception. This form of advertising outshines most media because 3D billboards offer three-dimensional visuals with such an experience that instantly hooks passersby leading to greater attention and engagement. A perfect blend of entertainment, technology, and marketing catching the imaginations of consumers and businesses alike making them one of the most impactful and relevant outdoor advertising channels.
One Day’s CEO Ricardo Seixas said: “Currently, 3D naked-eye billboards sit only in the dreams of large brands as we all see and share in LinkedIn due to its high costs and budgets. And that couldn’t be further from the truth since these are not high-cost technical barriers and you can do 3D adverts on any digital screen at the cost of any 3D work. So, as with our other investments in martech in the out-of-home media planning space to flatten technical hurdles and deliver value to clients, we are investing further this time unlocking big brands’ opportunities to any brand.”
The 3D studio is available now and their first project is to be announced soon, and they welcome users to look at their showreel on their website.

The innovative digital approach of Bilt Renovations is set to revolutionize the home building industry

The innovative digital approach of Bilt Renovations is set to revolutionize the home building industry

Home building company Bilt Renovation announced the launch of a new way to design, build, and manage construction projects. Customers benefit from a new level of transparency and collaboration, allowing them to track project progress and budget in real-time and make informed decisions.

Co-Founders Owen Drury & James Brett began discussions in 2021, where they discussed the problems in the construction industry, before deciding that they needed to take action.

James, a third-generation builder, and Owen a construction consultant had both run successful construction businesses where they were at the forefront of both their colleague’s and client’s frustrations:

·       An outdated process
·       Reluctance to modernise and incorporate technology,
·       A lack of transparency and collaboration
·       Uneducated and inexperienced clients

These problems, combined with labour shortages and a climate crisis, paved the way for Bilt.

Bilt’s vision is to disrupt and revolutionise the home renovation market, an industry both Owen and James felt passionate about.

Starting with the customer experience, they are in the process of developing a streamlined design and build process. By utilising a core software stack, homeowners can plan and manage their entire project from the initial vision through to construction.

“The current process of designing and building your home is fragmented. You have to contact a designer who then advises you to appoint someone else. They then tell you to appoint another person, and by the time you are ready to build, you’ve spent thousands and made very little progress. When you finally get to the site, you face a battle with your builder who has excluded half of the design, and the costs keep rising” said James, Bilt Renovation’s co-founder.

Once on site, their digital project management platform allows homeowners to scrap the emails, text messages, phone calls, site visits and stacks of paper. 3D project tracking means homeowners can watch their projects from the other side of the world and keep tabs on how the builders perform.

“We understand that building a home can be a stressful experience, and we wanted to create a platform that puts customers at ease,” said Owen, Bilt Renovation’s co-founder. “With our project hub, customers can easily stay informed and confident about their project.”

Customers can access detailed information about their project’s progress, financials, and other details via a user-friendly dashboard. Customers can easily communicate with their project team, track milestones, and stay informed about the status of their project.

Bilt also plans to tackle social problems such as low productivity and an ageing workforce: “Stalling productivity, an ageing workforce and a future generation totally uninterested in construction mean we need to make our industry more attractive and more productive, and that’s what we’re planning to do” – claimed Owen, “By infusing technology and fostering a culture of innovation, we hope to attract the next generation to our industry”.

Bilt Renovation’s mission is to provide high-quality, affordable homes that are environmentally friendly and sustainable. Project planning, design, construction, and management from design to construction are among the services provided by the company.

For more information about Bilt Renovation and their project hub, visit their website at www.biltrenovation.co.uk or follow them on Instagram at @biltrenovation.