Sept. 9, 2020 By Tom Ward, Senior Vice President, Customer Product, Walmart.
Years ago, our founder Sam Walton famously said, “I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.” It remains a guiding principle at Walmart to this day. From being an early pioneer of universal bar codes and electronic scanning cash registers to our work on autonomous vehicle delivery, we’re working to understand how these technologies can impact the future of our business and help us better serve our customers.
Our latest initiative has us exploring how drones can deliver items in a way that’s convenient, safe, and – you guessed it – fast. Today, we’re taking the next step in our exploration of on-demand delivery by announcing a new pilot with Flytrex, an end-to-end drone delivery company.
Black Hat Asia 2020
Posted in business
The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses.
Banks are expected to issue bank guarantees in just one day once they implement Lygon compared to the current paper-based guarantees that can take a month. The three Australian banks and retailers Scentre Group and IBM are planning to expand the Lygon platform for commercial use, according to a report on Sept 1.
A bank guarantee is a type of financial backstop offered by a lending institution. The bank guarantee means that the lender will ensure that the liabilities of a debtor will be met. The financial guarantees are said to be needed as part of retail property leases and from this month. Lygon chairman Nigel Dobson added that:
“The commercialisation of the Lygon platform represents a significant milestone for blockchain technology in Australia and globally. In digitising a bank guarantee, we’ve essentially transformed a three-way contract. We’ve digitised the paperwork, the process and the legality behind it…”
When the COVID-19 shutdown began in March throughout the United States, my team at Adobe had to face a stark reality: Business as usual was no longer an option. Suddenly, over just a single weekend, we had to shift our global workforce of over 22,000 people to working remotely. Not surprisingly, our existing processes and workflows weren’t equipped for this abrupt change. Customers, employees, and partners — many also working at home — couldn’t wait days to receive answers to urgent questions.
We realized pretty quickly that the only way to meet their needs was to completely rethink our support infrastructure.
Our first step was to launch an organization-wide open Slack channel that would tie together the IT organization and the entire Adobe employee community. Our 24×7 global IT help desk would front the support on that channel, while the rest of IT was made available for rapid event escalation.
WASHINGTON — Northrop Grumman announced it will not move forward with the development of the OmegA rocket. The vehicle was designed for the sole purpose of competing for a National Security Space Launch contract award but didn’t make the cut.
“We have chosen not to continue development of the OmegA launch system at this time,” Northrop Grumman spokeswoman Jennifer Bowman said in a statement. “We look forward to continuing to play a key role in National Security Space Launch missions and leveraging our OmegA investments in other activities across our business.”
Bowman said the company will not be protesting the U.S. Space Force’s decision to select United Launch Alliance and SpaceX for the NSSL contracts.
Artificial Intelligence research is making big strides. But in practice?
There are several buckets you can use to categorize AI, one of which is the BS bucket. Within, you’ll find simple statistical algorithms people have been using forever. But there’s another bucket of things that actually weren’t possible a decade ago.
“The vast majority of businesses are still in the early phases of collecting and using data. Most companies looking for data scientists are looking for people to collect, manage, and calculate basic statistics over normal business processes.”
Today we launch our Register Debates in which we spar over hot topics and YOU decide which side is right – by reader vote.
A Camcopter S-100 drone made the first commercial drone delivery to an offshore oil platform in late August and it might be the beginning of a major industry. The helicopter drone flew a 3D printed part from Norway to a rig located about 60 miles off the coast. The flight was conducted without any special airspace adjustments and the drone was just part of the traffic servicing the oil fields. The drone also did an exterior inspection of the drilling platform and performed a simulated search and rescue drill with the rig’s standby vessel.
Of course, the oil companies are keeping a close eye on the drone developments because hauling freight and supplies to the rigs by drone could not only be a lot cheaper, but also safer. There are also several major helicopter companies that have oilfield supply as their core business watching the new initiatives. Servicing oil platforms is a multibillion-dollar business and also one of the most dangerous forms of commercial flying. Nordic Unmanned, which flew the first drone flight, says drones are a viable alternative to many missions now flown by big, expensive helicopters. “This marks the beginning of a new chapter within unmanned logistics,” spokesman Pål Kristensen said.” The technology is proven and robust enough to implement in large scale and reduces the risk cost and environmental footprint drastically.”