SMT007 Magazine

SMT-Sept2018

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64 SMT007 MAGAZINE I SEPTEMBER 2018 Feature by Pratik Kirve ALLIED ANALYTICS LLP Science fiction writers may scratch their heads and invent something outstanding out of nowhere, but it is on paper only. It is only an imagination in which robots are behaving like humans and getting smarter day by day. However, the distance between imagination and reality has reduced considerably. Thanks to advanced technologies, robots are no lon- ger just a robot operating on commands. They are getting smarter. Artificial intelligence (AI), data processing, and machine vision are some of the technologies turning the dream of robots being smarter into a reality. "Robots are the next big thing," said Gene Munster, co-founder of Loup Ventures. [1] "You know it will be a big deal because the compa- nies with the biggest balance sheets are enter- ing the game." Innovation is the Motto, Efficiency is the Aim: The Smart Robot Revolution is Here Tech giants have geared up to launch smart robots for various applications in numerous industries. The Consumer Electronics Show this year in Las Vegas demonstrated the same. Not only big companies, but also small compa- nies and researchers at universities have begun developing smarter robots to ease the work of humans and improve efficiency. From cleaning robots to farming robots, innovation has been the center of every effort taken for the develop- ment of smart machines. Many governments have been encourag- ing the utilization of smart robots in various sectors. They have taken new initiatives to encourage the development of smart robotics. For instance, during a meeting with the Public Prosecution—a part of the Judicial Department in the United Arab Emirates—Omar bin Sul- tan Al Olama, UAE Minister of State for Artifi- cial Intelligence, highlighted the importance of implementing advanced technologies to bring

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