What I’m Reading: AI for Manufacturers, Fintech Startups, Digital Economy

The power of combining AI and analytics for manufacturers

Artificial Intelligence (AI) has become one of the hottest topics in manufacturing today. The range of business and operational applications that it can be put to is almost limitless. Yet, it’s fair to say that we’re still very early in the AI adoption curve. Success with AI implementation comes through evolution not revolution. Combining AI and analytics for manufacturers can provide a natural path.

The increasing digital transformation happening within manufacturers is bringing the potential of AI into focus. IDC suggests manufacturing companies are “at the heart of a perfect storm, both living with and seeking to exploit disruptive technologies such as cloud, big data, AI-assisted analytics and the Internet of Things (IoT), while facing increasing IT security challenges, regulatory pressures and a changing workforce”.

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Fintech is UK’s top tech sub-sector

Fintech is the UK’s top technology sub-sector when it comes to attracting investment, according to two new reports.The UK leads Europe in scaleup technology investments, according to the latest annual government-backed Tech Nation report, with just the US, China and India.

The UK’s strongest tech sub-sector, and where it currently ranks as number one in the world, is fintech, with investment in high-growth firms amounting to £4.5 billion between 2015 and 2018. 

A separate study from Stripe and Tech.eu paints a similar picture, with fintech being the top technology vertical for investment not only in the UK but also in Germany and Sweden.

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Digital payments startup Stripe says Europe is its fastest-growing market

Last week at the Web Summit in Dublin, I caught up with John Collison, one of two Irish brothers who founded one of the most innovative digital payment startups on the planet.

Stripe is its name, and making it easy for companies of all sizes to take payments online or on mobile is what it strives to do.

As I noted during the video interview, which you can watch above, Stripe is far from the only company offering that type of solution, so how does it differentiate?

Collison said the big thing with Stripe is its developer-friendliness, i.e. that it gives businesses the tools to customize the payment processing workflow and check-out experience from end-to-end.

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What I’m Reading: AI for Manufacturers, Fintech Startups, Digital Economy